https://sputnikglobe.com/20240921/us-bets-on-allies-to-bail-out-crippled-shipbuilding-industry-1120237804.html
US Bets on Allies to Bail Out Crippled Shipbuilding Industry
US Bets on Allies to Bail Out Crippled Shipbuilding Industry
Sputnik International
The US is hoping that its Asian allies could help bail out its crippled shipbuilding industry.
2024-09-21T17:00+0000
2024-09-21T17:00+0000
2024-09-21T17:00+0000
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The US is betting on its ally South Korea to help bail out its crippled shipbuilding industry.ySouth Korean shipbuilding company Hanwha Ocean recently announced its acquisition of a former naval shipyard in Philadelphia.Along with the shipyard deal, valued at $100 million, Hanwha secured its first maintenance and repair contract with the US Navy.The US shipbuilding industry has become notorious for years-long delays and cost overruns. Washington's allies South Korea and Japan are the world’s largest shipbuilders, and hopes are that they could boost production of both commercial and naval vessels.But stark new figures show that even with support from Asian firms, it could take the US years to close the gap with China in maritime power.The struggle to prop up the floundering US shipbuilding base comes as the US Navy has released its plan for a potential military conflict with China by 2027.Announcing the Navigation Plan for America’s Warfighting Navy, US Chief of Naval Operations (CNO) Admiral Lisa Franchetti referred to China as a “pacing challenge” and a “complex, multi-domain and multi-axis threat.”The plan includes streamlining maintenance for warships, submarines and aircraft, eliminating delays and restoring “critical infrastructure that sustains and projects the fight from shore.”
https://sputnikglobe.com/20240919/us-coast-guard-may-need-to-wait-15-years-for-long-delayed-modern-cutter-ship---report-1120213248.html
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what is the state of us shipbuilding, how big is china's shipbuilding, who builds the most ships, what is wrong with america's shipbuilding, how many ships does the us build, why is south korea buying a us shipyard, is the us preparing for war with china, does the us see china as a threat, is china stronger than the us, why is us shipbuilding in state of collapse,
what is the state of us shipbuilding, how big is china's shipbuilding, who builds the most ships, what is wrong with america's shipbuilding, how many ships does the us build, why is south korea buying a us shipyard, is the us preparing for war with china, does the us see china as a threat, is china stronger than the us, why is us shipbuilding in state of collapse,
US Bets on Allies to Bail Out Crippled Shipbuilding Industry
As the US pushes its “China threat” narrative and eyes a potential military conflict with the People's Liberation Army, one of its vital defense industries – shipbuilding – is in a critical condition.
The US is betting on its ally South Korea to help bail out its crippled
shipbuilding industry.ySouth Korean shipbuilding company Hanwha Ocean recently announced its acquisition of a former naval shipyard in Philadelphia.
Along with the shipyard deal, valued at $100 million, Hanwha secured its first maintenance and repair contract with the US Navy.
The US shipbuilding industry has become notorious for years-long delays and cost overruns. Washington's allies South Korea and Japan are the world’s largest shipbuilders, and hopes are that they could boost production of both commercial and naval vessels.
But stark new figures show that even with support from Asian firms, it could take the US years to close the gap with China in maritime power.
Last year, China had orders for 1,794 large commercial ships, South Korea had 734, Japan had 587 — but the US had just five.
While China commands 40 percent of global commercial shipbuilding output, the US accounts for less than one percent.
China had over 5,000 oceangoing commercial vessels in early 2023, while the US-flagged merchant fleet had only 177.
China's shipbuilding capacity is over 200 times that of the US, according to a US Naval Intelligence chart cited by media.
The struggle to prop up the floundering US shipbuilding base comes as the US Navy
has released its plan for a potential military conflict with China by 2027.
Announcing the Navigation Plan for America’s Warfighting Navy, US Chief of Naval Operations (CNO) Admiral Lisa Franchetti referred to China as a “pacing challenge” and a “complex, multi-domain and multi-axis threat.”
The plan includes streamlining maintenance for warships, submarines and aircraft, eliminating delays and restoring “critical infrastructure that sustains and projects the fight from shore.”
19 September 2024, 21:12 GMT
