The Plan to Get America Building Big Ships Again | Odd Lots
February 20, 2025
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46:22Now PlayingThe Plan to Get America Building Big Ships Again | Odd Lots
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as posted by the channelThe US is a dominant force in a number of important industries, but it's been lagging behind in one crucial area: shipbuilding. Today, there are about 80 US-flagged ships involved in global trade, compared to more than 5,500 China-flagged vessels. The worry is that the US has been falling behind in this important component of international commerce, and that the country's entire economy could be at risk of being choked off. The SHIPS for America Act is a rare bipartisan proposal that aims to address these concerns by getting America to build commercial vessels again. But how exactly do you go about reviving an industry that's been all but moribund for decades? We speak to Senator Mark Kelly, a Democrat from Arizona, and Senator Todd Young, a Republican from Indiana, co-sponsors of the bill, about their plan.
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US Lawmakers Seek to Bolster Shipbuilding at Home ()
The Shipping Industry Is Getting a Slew of New VesselsRight as Demand Cools ()
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