Rising tide: How private equity can lift the shipbuilding industry
In a recent speech, US President Donald Trump asserted that the United States has fallen behind in shipbuilding, declaring a goal to make more ships “very fast, very soon.” The Wall Street Journal has reported that the Trump administration is drafting a new executive order intended to energize US shipbuilding. And a proposed piece of US legislation announced in 2024 (sponsored by a bipartisan group of congresspeople) noted an intent…