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Construction Differential Subsidy (view source)
Revision as of 06:50, July 13, 2016
, 06:50, July 13, 2016→top: clean up & uniformity
The '''Construction Differential Subsidy''' was a program whereby the [[United States]] government attempted to offset the higher shipbuilding cost in the U.S. by paying up to 50% of the difference between cost of U.S. and non-U.S. construction. The difference went to the U.S. shipyard. It is unfunded since 1982.<ref>U.S. Department of Transportation Maritime Administration [http://www.marad.dot.gov/publications/glossary/glossary.html]</ref>
The '''Construction Differential Subsidy''' was a program whereby the [[United States]] government attempted to offset the higher shipbuilding cost in the U.S. by paying up to 50% of the difference between cost of U.S. and non-U.S. construction. The difference went to the U.S. shipyard. It is unfunded since 1982.<ref>[http://www.marad.dot.gov/publications/glossary/glossary.html U.S. Department of Transportation Maritime Administration]</ref>
==References==
==References==
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[[Category:Shipping Terms]]
[[Category:Shipping Terms]]