Numerous articles describe how current steel import tariffs could raise the cost of cars and homes. But not much attention has been given to their impact on shipbuilding costs.

Beginning in April 2029, the Office of the United States Trade Representative (USTR) will enforce a requirement that 1% of all liquified natural gas (LNG) exports from the U.S. be shipped aboard a U.S.-built LNG carrier. The U.S. hasn’t built an LNG carrier in nearly 50 years. 

Stating the obvious: the U.S. wants more American-built ships. Less obvious: how many ships can America’s biggest shipyards build? 

James Lightbourn, founder of Cavalier Shipping, cited in The New York Times' May 27, 2025 article on U.S. shipbuilding.

Much of U.S. shipping’s newfound attention has rightly focused on the shipbuilding sector. For every new ship ordered, someone has to finance construction costs.

As U.S. government spending scrutiny intensifies under the Trump Administration, the Navy’s shipbuilding budget may be up next for examination at Elon Musk’s Department of Governmental Efficiency.

On March 8, the US announced it would build a temporary pier in Gaza to assist in delivering humanitarian aid.

Hanwha Ocean's USD 662 million offer to acquire acquire Austal is a positive signal for US shipyard valuations and interest in the sector.

The latest development in the Philly Shipyard, Inc. and Hanwha Ocean courtship involves the U.S. Secretary of the Navy as matchmaker.

In today's geopolitically tense environment, there have been a growing number of calls to revitalize the US shipbuilding industry.