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Shipbuilding USA SPAC Formation
- 1. Shipbuilding USA SPAC Formation S P E C I A L P U R P O S E A C Q U I S I T I O N C O M P A N Y I N V E S T M E N T V E H I C L E
- 2. Current Challenges The Jones Act requires shipping between two US ports, such as the mainland US and Puerto Rico, to utilize vessels built, owned and operated by Americans. Shipbuilding subsidies ended in the 1980's leaving few US shipbuilders, less than 1% of the world's ships are US built. Average cost to ship a 20 foot container to Puerto Rico is $3,500 vs. $1,100 to the Dominican Republic or other nearby islands. Less opportunity to sell and enjoy goods from/by the mainland and Puerto Rico. This also applies to Guam and Hawaii.
- 3. Solution: U.S. Built Ships and a Direct Mainland-Puerto Rico Route Shipyard and ships built on the Florida coast. New ports built in Florida and Puerto Rico. Increased employment. Direct, regular route between Florida and Puerto Rico (2 round-trips per month). Affordable and flexible shipping options. Less-than-full-container availability. Expanded and sustainable commerce. Opportunity to sell goods to a new market for both large and small vendors.
- 7. Ship Specifications Length: 220 Feet Width: 44 Feet Depth: 14 Feet Draft: 11 Feet Speed: 9 Knots Flag: United States Containers: 20 or 40 Feet Cargo Capacity: 150 TEU Main Engines: 2 General Motors 502 Marine Engines Propeller: 2 Carbon Fiber Resin Propellers Fuel: LNG Fuel Consumption: 1/2 Tank per roundtrip
- 8. Innovative Green No Polluting, Toxic Heavy Fuel* Efficient & Clean LNG (Liquified Natural Gas) Fuel 9% More Fuel Efficient Carbon Fiber Resin Propellers Aerodynamic Spherical Bow Good Operational Practices State-of-the-art Technology *Currently, 15 of the largest ships emit more pollution than all of the cars in the world.
- 9. Available Site for Shipyard/Port Port St. Joe, FL
- 10. Available Site for Shipyard/Port Quebradillas PR
- 11. Does this initiative interest you? Do you find this a worthwhile endeavor? Would you like to help? Funding Shipbuilding USA will enable the management team to form the SPAC through the SEC to become a publicly traded company on the NASDAQ. From there, investments will allow the acquistion of a company to realize the mission of the SPAC. Please see the contact page for more information or to get involved!
- 13. Thank you! S H I P B U I L D I N G U S A