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Cavalier Shipping insights on the current shipping finance market and recent events in the shipping space.
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Policy Loophole? Getting Paid to Build Ships in the U.S.
Savvy shipowners could participate in both the SHIPS for America Act and Title XI to bring the effective cost of building ships in the U.S. down considerably.
SHIPS for America Act: The Numbers Don’t Float
On April 30, Senators Mark Kelly (D-AZ) and Todd Young (R-IN) and Congressmen Trent Kelly (R-MS-1) and John Garamendi (D-CA-8) reintroduced the SHIPS for America Act, potentially reshaping U.S. maritime policy, backed by US taxpayer dollars.