Matthew Paxton, a Washington, DC-based lawyer and lobbyist who presides over a prominent trade group called the Shipbuilders Council of America, says the shale-oil revolution and deepwater drilling projects are key drivers of the domestic market.

While several shipyards are starting to cash in on increased North American crude production by targeting contracts to construct articulated tug-barges (ATBs) and inland tank-barges, he acknowledges only two are actively building bluewater products tankers.

With