Energizing American Shipbuilding Act of 2023

HR 6724, the *Energizing American Shipbuilding Act of 2023*, requires natural gas and crude oil exporters to use US-registered vessels with specific domestic manufacturing components for a growing percentage of their vessel-based exports. For natural gas, exporters must use qualifying vessels for 2% of exports in year 1, rising to 15% by year 22; for crude oil, the target starts at 3% and reaches 10% by year 14. A qualifying vessel must be either built in the US with all major parts and specified components (like valves, propulsion systems, and electrical equipment) made domestically, or retrofitted in a US shipyard using US-made parts for those components. The bill also mandates exporters provide training opportunities for US mariners and requires the Energy Information Administration to track and publish export data.