Decades of industrial decay and neglect, coupled with myopic political decisions, have relegated both to fringe-player status in the shipbuilding major leagues.
The game is now played almost exclusively in Asia, where 90% of the world’s commercial ships are built.
Center for Maritime Strategy
Admiral James G. Foggo, U.S. Navy (Ret.), Matthew Reisener | Quoted by Timothy Renshaw
External Source: The Substack Shipping News
Decades of industrial decay and neglect, coupled with myopic political decisions, have relegated both to fringe-player status in the shipbuilding major leagues.
The game is now played almost exclusively in Asia, where 90% of the world’s commercial ships are built.
However, as the Center for Maritime Strategy’s (CMS) Leveraging the Allied Maritime Industrial Base for U.S. Shipbuilding report makes clear, the atrophy of North America’s shipbuilding abilities threatens far more than Western manufacturing capacity.
The full article is available at The Substack Shipping News
Admiral James G. Foggo, U.S. Navy (Ret.), Dean, Matthew Reisener, Senior National Security Advisor