Seaspan Vancouver Shipyards has signed a memorandum of understanding with Stigterstaal Canada and Algoma Steel to reestablish a domestic steel supply chain focused on bolstering and expanding shipbuilding in Canada.
This move follows the current trend of countries trying to ensure their own shipbuilding supply chains.
The US, with its “Buy American” policy, is looking to prioritise domestic steel, particularly low‑carbon “green steel”, while the EU has its Steel & Metals Action Plan, introduced in March 2025, which should buffer its strategic steel sector.
Similarly, Canada has its National Shipbuilding Strategy (NSS), which looks to increase the use of Canadian-made materials in shipbuilding.
View Full Article Here