BY THE NUMBERSucts produced, will be shipped by water for domestic up production costs by 2%-3% annually. This in turn consumption and exports. Without Towboats and Tug- will have a negative effect on Tug producers net operating boats these products could not be moved. margins, which typically are less than 5%. Tariffs also will increase the cost of imported products such as deck gear.T W The report contains much more detail about produc-ARIFFS EIGHA negative for the industry is tariffs. Steel represent ap- tion by vessel type, prices, producer market shares, com-proximately 25% of a typical Tug’s production costs. The petitor pro? les, prices and forecasts. In addition, to data Trump administration’s imposition of a 25% tariff on im- and analysis about the industry, the report contains 19 ported steel and aluminum in 2018 is expected to drive ? gures and 21 tables. U.S. Cumulative Announced Chemical Industry Investments from Shale Gas (Number of Projects, $ Billions): 2010-2018Source: American Chemistry CouncilU.S. Petrochemicals Production by Product Category (Million lbs./Day, CAGR): 2012-2022Source: Petral Consulting Company, Eikon, GlobalDataTo See more: Amadee+Company / E-mail: amadeeandcompany@gmail.com / 305-450-1875May 2019MN12