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US shipyards aren't building enough ships for any sector. A 2023 report by US Congressional Research Service [1] concludes the global market is saturated, maki
by engineer_22 3y ago
US shipyards aren't building enough ships for any sector.
A 2023 report by US Congressional Research Service [1] concludes the global market is saturated, making it difficult for US industry to profitably re-enter the market.
In the news there are ample reports that even the defense sector is not building ships at a rate to sustain the naval fleet.
[1] https://sgp.fas.org/crs/misc/IF12534.pdf https://sgp.fas.org/crs/misc/IF12534.pdf