American shipbuilders welcome president-elect Trump

The Shipbuilders Council of America (SCA) yesterday welcomed the impending administration of the 45th president of the US, suggesting Donald Trump could help revitalise the sector.

SCA president Matthew Paxton said in a release: “SCA and the entire US shipyard industry stands ready to work with the new administration and Congress and we are optimistic that in addition to building towards a 350-ship Navy, we can work together on policies that remove the uncertainty of sequestration, encourage predictable funding levels and building ships smarter and more efficiently, including pursuing alternative funding strategies in addition to substantial and sustained funding to maximize taxpayer dollars.”

SCA claims that the private shipbuilding and repair industry supports over 399,000 jobs, contributing $25.1bn in labour income and $37.3bn in US GDP across the country.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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