Shipbuilding Trade Reform Act of 1993

Title I: Treatment of Vessels Under the Countervailing and

Antidumping Duty Laws

Title II: Fair Trade for

the United States Shipbuilding and Repair Industry

Title I: Treatment of Vessels Under the Countervailing and Antidumping Duty Laws - Amends the Tariff Act of 1930 to define "vessel" to mean any of the following: cruise ship, excursion boat, ferry boat, cargo ship, barge, or similar vessel for the transport of persons or goods, fishing vessel, factory ship or other vessel for processing or preserving fishery products, or other vessels (other than a warship), including lifeboats, of not less than 100 gross tons.

Declares a "vessel" to be considered merchandise subject to antidumping and countervailing duties if an antidumping or countervailing duty order has been issued and the construction or repair of such vessel was carried out in a foreign country which: (1) is not a signatory to a trade agreement with the United States that provides for the elimination of the dumping of vessels and the subsidizing of vessel construction or repair; or (2) is a signatory to a trade agreement but was not in compliance with such agreement during the construction or repair.

Title II: Fair Trade for the United States Shipbuilding and Repair Industry - Shipbuilding Trade Reform Act of 1993 - Requires the Secretary of Commerce (Secretary) to investigate and list foreign countries that provide, directly or indirectly, a subsidy for the construction or repair of vessels.

Provides for administrative procedures and judicial review with respect to list determinations.

Sets forth penalties for foreign countries that: (1) provide the Secretary with false or misleading information during an investigation; (2) renew subsidies after having been determined not to have provided them; or (3) fail to eliminate such subsidies.

Provides for: (1) the negotiation of trade agreements for the elimination of subsidies for the construction or repair of vessels by foreign countries; and (2) penalties for noncompliance with such agreements.