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U.S.-Made LNG Tankers Shipbuilding Initiative

Sector: Seaport • Location: Philadelphia, Pennsylvania, United States

Source: Hart Energy

Project
Planned

The U.S. government is attempting to revive the country's shipbuilding industry by mandating that a percentage of LNG exports be shipped on U.S.-flagged, operated, and eventually U.S.-made LNG tankers. The cost of building these U.S.-made LNG tankers is estimated to be between $800 million and $1 billion, significantly higher than Asian shipyard costs, which may pose a challenge to the initiative.

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The project “U.S.-Made LNG Tankers Shipbuilding Initiative” is an infrastructure initiative in the Seaport sector, located in Philadelphia, Pennsylvania, United States. Taiyo aggregates data on it from Hart Energy.

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Participants

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planned

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Description

Description

The U.S. government is attempting to revive the country's shipbuilding industry by mandating that a percentage of LNG exports be shipped on U.S.-flagged, operated, and eventually U.S.-made LNG tankers. The cost of building these U.S.-made LNG tankers is estimated to be between $800 million and $1 billion, significantly higher than Asian shipyard costs, which may pose a challenge to the initiative.

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Source

Source reliability

High

Data quality score

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Source

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URL

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More Details

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