I'm sure there is. But when the headline is repeal the act, not replace it, it's important to note that it has some of its intended effect, even if it's not very much.

Something that actually resulted in productive shipyards would be much better than what we have that results in shipyards that don't produce much, which is still likely better than no shipyards outside of those producing naval vessels and domestic ferries (although, those would probably be imported too, if that were legal; technically that's prohibited under a different act)