New Shipbuilding Rules Could Derail U.S. LNG Export Boom ...Middle East

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New Shipbuilding Rules Could Derail U.S. LNG Export Boom
source : OILPRICE ( Middle East ) () 95
The U.S. LNG export boom, strongly supported by the Trump Administration, could be undermined by separate trade rules proposed by the very same administration, which looks to revive America’s shipbuilding to counter China’s dominance. Under new mandates proposed by the U.S. Trade Representative (USTR), beginning in 2028, a total of 1% of America’s LNG exports must be carried via U.S.-flagged vessels. From 2029 onwards, 1% of U.S. LNG exports should be shipped on U.S.-flagged and U.S.-built vessels. This number will gradually rise…

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