US Shipyards: Building for America, Jobs for Americans
The shipbuilding and ship repairing industry has always been a core strength of our nation. It has enabled the United States to protect and project its prosperity, power and influence internationally. A book in my office signed by shipbuilder William Webb illustrates the point. Mr. Webb inherited his father’s shipyard in 1840 and built over 130 of the fastest clipper sailing vessels; he later built the largest and most celebrated steamships of his era. Those were glory years for the U.S. maritime industry, an era when the shipping industry was synonymous with American sovereignty.
Jaenichen Weighs in on Title XI
While maritime industry trends are often unexpected and rarely coincide with the Federal budget cycle, MARAD currently holds sufficient funding to support $735 million in Title XI loan guarantees and we fully intend to use it. As a reader of Maritime Reporter & Engineering News, you’re probably familiar with Title XI shipbuilding loan guarantees and the program’s importance to the U.S. Maritime Industry. The Title XI program—administered by the Maritime Administration (MARAD)…
ESG Launches M/V Bravante VII
Eastern Shipbuilding Group, Inc. has christened and launched the M/V BRAVANTE VII for Boldini S.A., BRAVANTE GROUP of Brazil. This is the third vessel launched in a series of five. The event was held on December 20, 2013 at Eastern’s Nelson Street Facility with hundreds of Eastern’s Employees and Guests. Attending from Bravante were Nuno Neves, William Grutter, Pedro Correa and Cristiana Marsillac along with several members that traveled from Brazil witnessing the launch of the third of five Platform Supply Vessels under contract with Eastern.
MARAD Steps Up
The U.S. The paradigm for global transportation security underwent a dramatic shift in the aftermath of the September 11 terrorist attacks. In the years that followed, industry and government worked together to add layers of security to mitigate risk while maintaining the flow of commerce. The Department of Transportation’s (DOT) Maritime Administration (MARAD) has since developed security initiatives which ensure safety and efficiency in America’s Marine Transportation System (MTS) by focusing on three crucial improvement categories: transparency, accountability and resiliency.
