Under the National Shipbuilding Strategy (NSS), Seaspan Shipyards has contributed greater than $5.7 billion to Canada’s GDP by way of its shipbuilding and restore, refit, and upkeep actions and can contribute a further $20.7 billion to Canada’s GDP by way of 2035, based on a current socio-economic examine performed by Deloitte Canada. The report highlights the numerous financial advantages of rebuilding the shipbuilding trade in Canada for the reason that introduction of the NSS.
In addition to the GDP contributions made by Seaspan over the past 12 years, the report signifies that Seaspan’s shipbuilding and ship restore actions have additionally been a boon for job creation within the maritime trade. More than 7,000 jobs at the moment are being created or sustained yearly by way of Seaspan’s actions. This determine will develop to almost 11,000 jobs yearly by 2035.
Across the nation, Seaspan has now awarded $2.4 billion in contracts underneath our NSS shipbuilding actions alone. More than 700 Canadian firms have been concerned in constructing ships for Canada, with practically 500 being small and medium-sized companies, accounting for 63% of NSS-related contract values.
“As Canada’s partner under the NSS, Seaspan is transforming our shipbuilding and marine industries through innovation, partnerships and developing world-class talent. The economic contributions of this work are evident locally, regionally and across the country,” stated John McCarthy, CEO, Seaspan Shipyards. “Over the next year alone, we will be adding hundreds of people to our team to help us deliver on our promise of ships built in Canada, by Canadians. As we continue to invest in our people, facilities and drive improvements in how we design, build, and repair ships, Seaspan will remain a significant contributor to the Canadian economy for decades to come and a preferred employer for those looking to work in the maritime industry in British Columbia.”
Under the NSS, Seaspan is at present constructing the federal non-combat fleet of vessels for the Royal Canadian Navy and Canadian Coast Guard (CCG). In addition to the three offshore fisheries science vessels which have already been delivered to the CCG, Seaspan’s e book of labor consists of two joint assist ships and one offshore oceanographic science vessel that are at present underneath development. It additionally consists of one polar icebreaker, the flagship of the CCG’s fleet, and 16 multi-purpose vessels. The polar icebreaker and the lead ship of the MPVs are each in design and are on schedule. Seaspan additionally gives restore, refit, and conversion work for a variety of presidency and business purchasers.
Seaspan is re-building an trade, constructing complicated ships by Canadians for Canadians, is growing a pipeline of maritime expertise, and is creating an financial ripple impact felt from coast to coast to coast.
