SCA: OECD Talks Fail On Jones Act, European Export Credit Issues
The most recent round of the Organization for Economic Cooperation and Development (OECD) talks on shipbuilding subsidization have broken down, reportedly due to lack of agreement on two remaining bones of contention: U.S. Jones Act policies and European export credit policies.
The postponement of further talks was a mutual decision on the part of the U.S. and the European Union (E.U.).
Shipbuilders Council of America (SCA) ChairmanJohn Stocker said the SCA was disappointed by the outcome of the talks, and that the E.U. had given the impression of true political commitment to settle the remaining issues. However, he said he was not prepared to speculate on what the next step might be.
According to Mr. Stocker, the U.S. made it clear that the Jones Act was too sensitive an issue for it to be repealed and tried to ease European concerns on the "potential production impact of future Jones Act orders," but the issue could not be resolved.
The OECD Agreement included government-supported financing programs for export ships until re- MAXIM " evaporators are "on board" every type of commercial and military ship, offshore platform and fishing vessel around the world. For more than fifty years, we have been providing fresh water wherever it's needed.
A wide range of MAXIM standard designs are available for quick delivery anywhere in the world. Stock sizes range from 200 to 12,000 gal/day. For larger fresh water requirements, we custom design units to meet your needs, whatever the size.
Available in single effect, multi-effect or multi-stage flash type designs, these units can be operated directly on steam as well as jacket water, eliminating any need for a secondary heat exchanger. Our single shell design affords optimum space savings and the 90-10 copper nickel construction provides excellent corrosion resistance.
Dependable, trouble-free operation over the long haul...easy maintenance, even in cold water or heavy silt...few names have ever been better known than MAXIM for quality and dependability and we back it up with service and support anywhere, anytime. Beaird Industries, P.O. Box 31115, Shreveport, LA71130-1115, Phone 318-865-6351, Fax 318-868-1701.
cently, when the E.U. insisted on exempting them, according to the SCA. SCA also said the provision of export financing is a major form of shipbuilding assistance within the E.U., and that U.S. yards have not had access to export credit financing for ships until the expanded Title XI loan guarantee program was authorized for fiscal year 1994.