Shipbuilders Grateful for Congress Budget Concensus

MarineLink.com
Wednesday, December 18, 2013
Image courtesy of Vigor

The Shipbuilders Council of America (SCA) called the bipartisan budget agreement now passed by both houses of Congress an important first step and thanks Members of Congress for providing the much needed resources for the U.S. shipbuilding and repair industry. 


“Passing this bipartisan agreement was crucial because of the pending losses of construction and repair jobs the Navy forecasted if full sequestration and a continuing resolution were to remain in effect in fiscal year 2014,” said SCA President Matt Paxton.  “We are grateful for the action Congress has taken, but the long-term threat to our industry remains.  We are calling on America’s leaders to keep working to address the future fiscal uncertainty if the U.S. is to maintain the nation’s fleet, and retain a skilled and experienced domestic workforce.”

Earlier SCA launched a campaign called SOS: SAVE OUR SHIPS, which focuses on educating Congress and the American public about the destructive and unintended effects sequestration and budget uncertainty will have on the United States Navy and naval services, as well as thousands of American shipbuilding and repair workers.

SCA says it will continue the SOS Campaign to bring public awareness to the future financial threats facing the shipbuilding and repair industry, and will work with Congress in 2014 to ensure the U.S. fleet remains strong and ready.

To learn more about SOS, visit https://shipbuilders.org/sos-save-our-ships

 

 

 

 

 

Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Aegean Marine Profit Beats Estimates

Greece-based Aegean Marine Petroleum Network Inc. (ANW) reported first-quarter earnings of $12.2 million or $0.25 per share compared with $5.1 million or $0.11 per share last year.

Shreyas Shipping Turns Around

Shreyas Shipping and Logistics swung to a net profit of Rs. 61.75 crore (about $9.6 million) in the fiscal year ended March 31, a big turnaround from its loss of Rs.

New EU Shipping CO2 Monitoring System

According to a new EU regulation, ship operators will be required to monitor, report and verify (MRV) CO2 emissions.     José Inácio Faria, Member, Group of

Shipbuilding

Wärtsilä Bags BWM Systems Order from Jinhai Shipyard

Wärtsilä Corporation, has received an order for ballast water management systems (BWMS) for three new container ships being built for a major European shipping

Star Clippers To Build The World’s Biggest Square Rigger

Tall-ship sailing specialist announced the sailing ship line is constructing the world's biggest square rigger to debut in the second half of 2017.    Measuring 8,

Bahri Orders VLCC Newbuilds

Bahri ordered five newbuild very large crude carriers from Hyundai Samho Heavy Industries   The National Shipping Company of Saudi Arabia (Bahri) today signed

Ship Repair & Conversion

Wärtsilä Bags BWM Systems Order from Jinhai Shipyard

Wärtsilä Corporation, has received an order for ballast water management systems (BWMS) for three new container ships being built for a major European shipping

Star Clippers To Build The World’s Biggest Square Rigger

Tall-ship sailing specialist announced the sailing ship line is constructing the world's biggest square rigger to debut in the second half of 2017.    Measuring 8,

Roxtec Sees Rise in Cruise Ship Repair Work

Manchester cable safety seal manufacturer Roxtec has reported increased demand for its cruise ship cable and pipe seals.   The firm has seen a 67 percent rise

Finance

Aegean Marine Profit Beats Estimates

Greece-based Aegean Marine Petroleum Network Inc. (ANW) reported first-quarter earnings of $12.2 million or $0.25 per share compared with $5.1 million or $0.11 per share last year.

Shreyas Shipping Turns Around

Shreyas Shipping and Logistics swung to a net profit of Rs. 61.75 crore (about $9.6 million) in the fiscal year ended March 31, a big turnaround from its loss of Rs.

AAPA Applauds Senate Passage of Trade Promotion Legislation

The American Association of Port Authorities (AAPA) applauded Senate passage over the past weekend of the Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (TPA-2015),

News

Aegean Marine Profit Beats Estimates

Greece-based Aegean Marine Petroleum Network Inc. (ANW) reported first-quarter earnings of $12.2 million or $0.25 per share compared with $5.1 million or $0.11 per share last year.

Hapag-Lloyd Grows Feeder Network in Scandinavia

Ocean carrier Hapag-Lloyd will be integrating the Port of Oslo into its Baltic Express Service (BAX) in June.    The BAX will then link a total of six ports in Estonia,

Shreyas Shipping Turns Around

Shreyas Shipping and Logistics swung to a net profit of Rs. 61.75 crore (about $9.6 million) in the fiscal year ended March 31, a big turnaround from its loss of Rs.

Government Update

New EU Shipping CO2 Monitoring System

According to a new EU regulation, ship operators will be required to monitor, report and verify (MRV) CO2 emissions.     José Inácio Faria, Member, Group of

AAPA Applauds Senate Passage of Trade Promotion Legislation

The American Association of Port Authorities (AAPA) applauded Senate passage over the past weekend of the Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (TPA-2015),

Port of Duluth Intermodal Project Underway

The U.S. Department of Transportation’s Maritime Administrator, Chip Jaenichen, today joined Senators Amy Klobuchar and Al Franken, Congressman Rick Nolan, Duluth Mayor Don Ness,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Offshore Oil Pod Propulsion Salvage Ship Electronics Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2181 sec (5 req/sec)