According to a Feb. 1 report from the Los Angeles Times, there will be no new ship-building and repair yard at the Port of Los Angeles at this time. The City Council voted to scuttle a $50m proposal by Gambol Industries to revive the former site of the Southwest Marine yard. The shipyard project was to create more than 1,000 jobs. The Board of Harbor Commissioners argued that the shipbuilding idea would interfere with a more urgent priority -- deepening the main channel at the port to accommodate a new generation of super-sized container vessels and keep the port globally competitive.
(Source: Los Angeles Times)