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Start Over Author "Kumar, Shashi" Topic american recovery & reinvestment act of 2009 Journal u.s. naval institute proceedings

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1. U.S. Merchant Marine and World Maritime Review.

Author

Kumar, Shashi

Subjects
*MERCHANT marine, *SHIPBUILDING industry, AMERICAN Recovery & Reinvestment Act of 2009
Abstract

The article provides information regarding the U.S. Merchant Marine as well as the global maritime sector. It discusses the dire situation on several carriers due to the declining asset values and relentless global credit crunch. It highlights several market developments including dry bulk market, tanker market, and liner market. It mentions the release of economic stimulus grants to be distributed among 70 U.S. shipyards by Transportation Secretary Ray LaHood.

Published
2010

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