gCaptain Article: Unions Push US Lawmakers to Pass SHIPS Act to Secure Shipbuilding Funding
Five U.S. labor unions, including the United Steelworkers and International Brotherhood of Electrical Workers, are calling on Congress to advance the Shipbuilding and Harbor Infrastructure for Prosperity and Security (SHIPS) for America Act. The bipartisan bill, championed by President Trump, would create a Maritime Security Trust to reinvest proceeds from new port fees on China-linked vessels—set to begin October 14—into critical shipyard revitalization and maritime infrastructure projects. With China’s COSCO Shipping facing potential port fees of $1.5 billion next year, union leaders and bill sponsors argue that dedicated, long-term funding is essential for reviving the U.S. shipbuilding sector and maintaining maritime security. Despite broad bipartisan support, lawmakers have yet to take major action on the legislation.
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Original Article from gCaptain | Article Author: gCaptain Staff
gCaptain Article: Unions Push US Lawmakers to Pass SHIPS Act to Secure Shipbuilding Funding


