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πŸ“° News ⏱ 2 min
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Key Points

4 points
1

Goal: add 100 new cargo ships by 2029.

2

Expected savings: 75 billion United States dollars on freight costs.

3

Current fleet size: roughly 1,600 ships.

4

Focus on training youth for ship jobs and reducing gender gaps.

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Summary

More ships will lower the cost of moving goods, saving about 75 billion United States dollars.

The country already has about 1,600 sea‑going vessels.

The National Shipping Board will help make sure the plan listens to sailors, ship owners, and investors.

New ships mean more training jobs for young people, especially in modern shipbuilding and cruise travel.

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New Words to Learn

11 words
merchant fleet
all the big ships a country owns that carry goods across the ocean
freight bills
the money paid to move things by ship
seagoing
able to travel on the sea
statutory
made by a law
advisory
giving advice or suggestions
tonnage
how much weight a ship can carry
seafarer
a person who works on a ship
maritime
related to the sea and ships
gender disparity
when boys and girls do not have the same chances
cruise shipping
big ships that take people on vacation trips
advanced shipbuilding
making very modern and high‑tech ships
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