The lawmakers say the bill would support American shipbuilding by requiring a “small percentage” of liquefied natural gas (LNG) and crude oil exports to be transported on U.S.-built, U.S.-crewed vessels by 2040. The bill would further require the construction of over 50 new U.S. ships built by the same time, creating thousands of mariner and manufacturing jobs across the country.
According to Senator Wicker, the bill would “strengthen our shipbuilding industry and would recognize the importance of having more American-flagged ships to transport our growing exports of oil and natural gas. China, India, and other nations are investing heavily in their shipbuilding capacity. The United States must keep up.”
The Shipbuilders Council of America is proud to endorse the Energizing American Shipbuilding Act and would like to thank Congressman Garamendi and Senator Wicker for their efforts to ensure that U.S. produced energy is exported on U.S. built ships. This legislation would invigorate the critical shipyard industrial base, which is comprised of more than 400,000 highly skilled men and women across the U.S. This industrial base is not only essential to our economic security but also our homeland and national security.Back to Legislation & Reports