Re:The Nation Needs a Shipbuilding Revolution
by lumost on Tuesday February 04, 2025 @08:51AM
(#42932300)
Are wages the principal component of “commodity” ship building? I’d have imagined equipment costs vastly exceed wages for building a relatively standard cargo ship.
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Re:The Nation Needs a Shipbuilding Revolution
by throw0101c on Tuesday February 04, 2025 @09:45AM
(#42932964)
> Are wages the principal component of “commodity” ship building?
Wages and steel.
China is the world's largest steel producer (US makes ~4% of global output). Reminder that Nippon Steel wanted to buy US Steel and (AIUI) keep US plants open, but that was killed by both Biden and Trump:
* https://en.wikipedia.org/wiki/Proposed_acquisition_of_U.S._S...
If US management/ownership cannot keep a company alive, perhaps let non-US folks give it a try if they're willing keep US plants open. The world learned lots of lessons from Toyota (who learned from Denning), perhaps Nippon Steel can teach a few things.