U.S. Shipbuilding Is Highest in Almost 20 Years on Shale Energy – Bloomberg

U.S. shipyards are the busiest in almost two decades as surging domestic energy production increases cargoes for the merchant fleet, according to the Department of Transportation.

Fifteen tanker and container ships are on order or under construction in the U.S., with options for “many more,” Paul Jaenichen, acting maritime administrator at the department, said at the TradeWinds Jones Act Shipping Forum in New York. That’s the biggest boom in almost 20 years, he said.

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via U.S. Shipbuilding Is Highest in Almost 20 Years on Shale Energy – Bloomberg.

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