Friday, 25 May 2018 13:54

Energizing American Shipbuilding Act introduced

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US Senator Roger Wicker, R-Miss., Chairman of the Senate Seapower Subcommittee and a member of the Subcommittee on Surface Transportation and Merchant Marine Infrastructure, Safety and Security, has introduced the “Energizing American Shipbuilding Act.” The legislation would support American shipbuilding by requiring a portion of liquefied natural gas (LNG) and crude oil exports to be transported on US-built, US-crewed vessels. The legislation was also introduced in the House of Representatives by Congressman John Garamendi, D-Calif., the Ranking Member of the House Subcommittee on the Coast Guard and Maritime Transportation.

When Congressman Garamendi had introduced similar bills in previous years, the former US Trade Representative had intervened against those proposals. However under the Trump Administration the current US Trade Representative, Robert Lighthizer, may be less inclined to intervene against this proposal. Reports also suggest that this bill has received support from several national stakeholders, including the US shipbuilding industry, iron and steel industry, and labour leaders.

Read 548 times Last modified on Friday, 25 May 2018 14:05
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