Bipartisan Ships for America Act Introduced

U.S. lawmakers are responding to growing concerns over maritime capacity and national security by introducing the bipartisan 'Ships for America Act,' aimed at revitalizing the U.S. shipbuilding industry. Representatives Mike Waltz and Mark Kelly emphasized the need for America to bolster its ship production capabilities, particularly in light of China's expansive shipbuilding efforts, which produce over 1,500 ships annually compared to the U.S.'s mere five. The U.S. Navy's fleet has remained stagnant between 270 and 300 battle force ships since 2003, despite a goal to expand to 355 ships. Additionally, the U.S. has turned to South Korea, particularly Hyundai Heavy Industries, to enhance its naval capabilities through training and innovative shipbuilding practices. This strategic partnership aims to counterbalance China's dominance in the global shipbuilding market. As global tensions rise, the need for a robust maritime fleet is becoming increasingly critical for national security and economic competitiveness.