Latest news with #commercialvessels
CBC
7 days ago
- CBC
Fire on N.S.-P.E.I. ferry in 2022 a ‘canary in the coal mine,' says TSB
The Transportation Safety Board has released its findings after an investigation into a fire on the MV Holiday Island ferry three years ago. The board is using the report as a jumping-off point to launch a national investigation into the nearly 400 fires on commercial vessels in Canada over the last decade CBC's Wayne Thibodeau reports.
Bloomberg
16-07-2025
- Business
- Bloomberg
Trump's Plan To Make US Shipbuilding Great Again: Asia Centric
The decline in US shipbuilding and China's global dominance has Washington worried. Last year, the US built just seven commercial vessels, compared to more than 1,000 for China. This has also become a national security issue, with US shipyards struggling to meet the demands of the navy, facing production delays of up to 36 months. In response, President Donald Trump has proposed levying fees on Chinese built ships entering US ports. These measures likely won't be enough to revive the industry, so what else can the government do? What role can defense allies South Korea and Japan play? And how will these levies impact shipping companies and global trade? Adam Farrar, senior geo-economics analyst at Bloomberg Economics and Kenneth Loh, shipping and logistics analyst for Bloomberg Intelligence, join John Lee and Katia Dmitrieva on the Asia Centric podcast.
