Stocks Flux
  • Business
  • Politics
  • Latest news
  • World News
  • Business
  • Politics
  • Latest news
  • World News

Stocks Flux

Politics

‘This is no drill’: China’s dominance over US shipbuilding sparks bipartisan effort

by admin March 13, 2025
March 13, 2025
‘This is no drill’: China’s dominance over US shipbuilding sparks bipartisan effort

China’s dominance over the U.S. in terms of shipbuilding is sending alarms through Capitol Hill, forthcoming legislation suggests.

A bipartisan group of military veterans now serving in the House of Representatives – Homeland Security Committee Chair Mark Green, R-Tenn., Rep. Jen Kiggans, R-Va., and Rep. Don Davis, D-N.C. – are rolling out a bill aimed at revitalizing the flailing U.S. commercial ship sector.

‘This is no drill. A fundamental pillar of America’s security, our naval supremacy, is under threat from Communist China,’ Green told Fox News Digital. 

Green said China’s Navy was now the largest in the world, surpassing the U.S. with 350 estimated seafaring vessels, compared to 280.

‘China has used its fleet to erode freedom of navigation, harass civilian ships, and intimidate our allies,’ he said. ‘To maintain our strategic edge, we must invest ‘full speed ahead’ in our maritime industrial base – encompassing commercial shipbuilders, military shipyards, and every link in the supply chain.’

The bill would establish a National Commission on the Maritime Industrial Base, and mandate it to launch a probe into the status of American maritime industries, both military and commercial. 

The goal would be to develop policy and legislative recommendations to revitalize U.S. shipyards.

Kiggans said shipbuilding was the ‘backbone’ of her coastal Virginia district’s economy, in a statement to Fox News Digital.

‘However, due to workforce and supply chain issues, our maritime industrial base is struggling to keep pace with growing global threats. This Commission is a critical step toward identifying the challenges facing our shipyards and strengthening our ability to build and sustain a world-class fleet,’ she said.

Davis said, ‘We must collaborate to ensure that both the public and private sectors work together to find solutions that will strengthen our maritime industrial base. Shipbuilding is vital for our national security.’

U.S. competition with China has remained among the most bipartisan issues in Congress, even with the current hyper-partisan environment.

China has nearly 47% of the global market in shipbuilding, according to the U.S. Naval Institute.

South Korea and Japan are second and third, with roughly 29% and 17% of the market, respectively. The U.S. has 0.13% of the market.

A single Chinese shipbuilder managed more output by tonnage in 2024 alone than the U.S. has in its entirety since World War II, according to a report by the Center for Strategic and International Studies, which said China’s dominance in the sector was a national security risk.

This post appeared first on FOX NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
Trump’s pick for NIH director clears committee, heads to full Senate vote
next post
Poland calls on US to place nukes within its borders amid Russia threat

You may also like

TSA tells Americans their Costco cards won’t fly...

June 7, 2025

New poll reveals which Trump policies Americans love...

February 12, 2025

Iran claims right to nuclear prowess following Israel...

June 13, 2025

Trump not planning to fire Waltz after national...

March 25, 2025

Whitmer explains her Oval Office folder fiasco

April 15, 2025

Anthony Fauci may be deposed as GOP intensifies...

February 2, 2025

‘Right down the line’: Medicaid reform in ‘big,...

June 7, 2025

Trump and Netanyahu celebrate ‘historic victory’ against Iran,...

July 8, 2025

House Republican campaign arm touts ‘unstoppable momentum’ with...

April 15, 2025

Blame game intensifies in Congress as government shutdown...

March 1, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (374)
    • Latest news (10)
    • Politics (1,726)
    • World News (1,369)
    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions

    Politics

    • European leaders will join Trump-Zelenskyy meeting, signaling solidarity with Ukraine

      August 18, 2025
    • ‘Our position is clear:’ Zelenskyy and EU dismiss ceding Ukrainian land to Russia

      August 18, 2025
    • Ukrainian designer predicts Zelenskyy will wear military suit for high-stakes Trump meeting

      August 18, 2025
    March 2025
    M T W T F S S
     12
    3456789
    10111213141516
    17181920212223
    24252627282930
    31  
    « Feb   Apr »

    Copyright © 2025 stocksflux.com | All Rights Reserved