Rep. Moran: At Saronic's Port Alpha Groundbreaking, America Begins Rebuilding Its Shipbuilding Power

Watch Rep. Moran's remarks here.

On Saronic's Port Alpha investment:

"We produce less than one-tenth of one percent of all global shipbuilding while China dominates more than 50 percent. That is unacceptable," Rep. Moran said. "But China's dominance ends today with Saronic and Port Alpha."

On the American Shipyard Investment Act:

Rep. Moran pointed to his American Shipyard Investment Act, introduced this year in the House Ways and Means Committee with Rep. Mike Kelly (PA-16), as a tool to accelerate projects like Port Alpha. The bill would create a 25 percent investment tax credit for the construction of shipyards and related components and equipment, rising to 35 percent for investments made in opportunity zones - including sites like Brownsville.

"The message of this bill is simple: you are doing your part for the national security of America, we in Congress should do our part," Rep. Moran said.

On America's renewed strength at sea:

Rep. Moran invoked the legacy of Theodore Roosevelt's Great White Fleet, noting that American strength at sea has long been tied to national security and global standing, and that Port Alpha represents the next chapter of that legacy.

"Let freedom ring all over the world because of it," Rep. Moran said.

Full remarks as delivered are available here.

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