On December 19, the U.S. Congress introduced the SHIPS for America Act, a significant piece of legislation aimed at revitalizing the U.S. merchant shipping industry. The bill proposes to increase the number of U.S.-flagged merchant ships from 80 to 250 over the next decade. This ambitious plan has generated optimism within the South Korean shipbuilding … Continue reading U.S. Ships Act Promises Major Boost for Merchant Shipping