Page 29: of Marine News Magazine (October 2020)

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SHIPBUILDING & REPAIR gue about whether we are in a “slowdown” or a “recession”.

However, weak demand on the commercial side (energy and also agricultural) has seen a counterbalance from the government side. The Philly Shipyard has chosen to pivot from commercial to government work- with the contract award emphasizing a need to infuse commercial best-prac- tices. The Philly Shipyard, which had completed a pair of container vessels for Matson, is now set to begin construc- tion, initially, of two training ships destined for maritime academies (with the ? rst going to Fort Schuyler- State

University of New York). The newbuilds, with Tote Inc

ABS managing the actual contracting and construction process

Matt Tremblay, ABS for the U.S. Maritime Administration, will go way beyond “As the [offshore wind] industry and the turbines continue to grow in size and complexity, the vessels needed to install them in U.S. waters will need to be built, and we are seeing increased demand for increasingly specialized vessels.” 29 www.marinelink.com MN