As Senator Roger Wicker of Mississippi once said, “Growth in commercial shipbuilding facilitates growth in the battle fleet.” Sen. Wicker shrewdly recognizes that America’s manufacturing capacity and national security are deeply intertwined. A robust commercial shipbuilding and repair industry is a critical cornerstone of this capacity.
U.S. Senator Tammy Baldwin (D-WI) is applauding the newly released report from the United States Trade Representative outlining how China has used unfair trade practices to undercut American shipbuilding, hurting American workers, businesses, and national security.Senator Baldwin called on the administration to fight China’s unfair trade practices
A bipartisan, bicameral group is emerging in Congress as the thought leaders for future maritime policy. On January 30, 2024, Senator Mark Kelly (D-AZ) and Representative Mike Waltz (R-FL-6) led a letter to President Biden, joined by 17 other members of Congress, urging the White House to embrace a “bold and clear vision” for the future of U.S. sea power.
Esgian reports on the many rig movements that occurred last week in its Week 16 Rig Analytics Market Roundup.Report SummaryContractsADES Holding Company has received a letter of award from an international oil company for a one-year firm drilling contract for a jackup offshore Qatar.
Derecktor Shipyards New York is building a pair of hybrid ferries for Savannah, Ga. based Chatham Area Transit (CAT). Delivery is expected in 2024.The two 65-foot-long, 50-passenger ferries will be equipped with an electric propulsion package from BAE Systems, including permanent magnet traction motors and HybriGen Power system.