• About
    • Mission
    • Biographical Information
    • Contact Us
  • Defense
  • Energy
  • Logistics
  • Innovation
  • In the News
  • Follow
  • Like
  • Linkedin
  • Youtube
April 17, 2020Loren B. Thompson, Ph.D

← Back
← Previous Post
Next Post →

Coronavirus Makes The National Security Case For Rebuilding U.S. Maritime Power Compelling (From Forbes)

April 17, 2020Loren B. Thompson, Ph.D

The coronavirus crisis will lead to a great deal of reflection on how America deals with the rest of the world, particularly China.  One area where Washington needs to reclaim lost ground is the commercial shipbuilding and shipping industry, where the U.S. has retreated while China has grown by leaps and bounds.  Today the U.S. builds less than 1% of the world’s oceangoing commercial vessels, and only 1% of U.S. trade is carried on U.S.-flag vessels.  Meanwhile, the biggest carrier of containerized cargo into U.S. ports is owned by the Chinese government.  Policymakers need to fashion a framework for rebuilding America’s waning global maritime presence.  The Jones Act and other existing measures are a start, but Washington needs to strengthen cargo preferences for federally-supported shipments and restore a construction differential subsidy so U.S. shipyard compete on a level playing field.  I have written a commentary for Forbes here.

Print | PDF | EMail

Find Archived Articles:

This entry was posted in Defense. Bookmark the permalink.
Sign Up For
LexNext Emails
1600 Wilson Boulevard - Suite 203
Arlington, VA 22209 USA
Phone: 703.522.5828
Fax: 703.522.5837
© 2023 Lexington Institute

Sign Up for LexNext Emails

  • This field is for validation purposes and should be left unchanged.

Sign Up for LexNext Emails

  • This field is for validation purposes and should be left unchanged.