By Ernest Istook, Former U.S. Rep (R, OK-5) China aggressively aims to dominate world trade by dominating how goods are shipped around the globe as well as by making other countries dependent on its goods. Because 90% of world trade goes by ship, it seeks to command maritime trade by building […]
Tag: shipping
US ferries sinking under Jones Act
“U.S. Ferry Systems Soaked by Maritime Protectionism” By Colin Grabow, courtesy of the Cato Institute Some of the country’s leading ferry systems are facing an increasingly precarious outlook. In Alaska, questions loom over the state‐run ferry system’s future after the governor and legislature last year endorsed paring back massive subsidies needed to keep it afloat. In Washington state, […]
The Jones Act: An Important Capability We Must Protect
By Cdr. Rich Kavanaugh (Ret), former Chief of Regional Affairs, Office of International Affairs at U.S. Coast Guard During World War II, the U.S. Merchant Fleet consisted of 4,221 ships and there were 221 shipyards operating in the U.S. This capability allowed for the largest movement of war materials in the history of […]
The Jones Act continues to make no sense at all
“Why Is an Energy Powerhouse Importing Russian LNG?” By Colin Grabow, courtesy of Cato Institute In the coming days a Spanish-flagged ship, the Catalunya Spirit, will deliver a shipment of Russia-originated liquefied natural gas (LNG) to Puerto Rico. Bizarrely, the United States—a leading exporter of LNG—is nonetheless importing it from a geopolitical rival. And this isn’t a first. […]