đ How America Lost the Seas?
đ„Why the worldâs strongest country canât build its own ships anymore?
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đ„ Greetings, Maritime Mavericks!
Imagine facing a critical moment⊠yet lacking the ships to carry your people, resources, or hope across the seas.
Thatâs where America stands today.
The country that once ruled the oceans now builds fewer than five commercial ships per year. Meanwhile, China builds over 1,000. Most of the containers, cranes, and ships at U.S. ports? Also made in China.
How did this happen? Letâs go back.
đ§ Act 1: The Rise and Fall of American Shipbuilding
đ„ Act 2: The Perfect Storm
âïž Act 3: Bad Policy, Big Mistakes
𧚠Act 4: Itâs Happening Again
đ ïž Act 5: Can It Be Fixed?
đ§ Act 1: The Rise and Fall of American Shipbuilding
In the 1940s, the U.S. shipbuilding industry was a world powerhouse. During WWII, America built over 5,500 ships, including one cargo ship in just 4 days.
But by 2024, U.S. shipyards had just 0.13% of global output. Nearly everything the U.S. imports or exports sails on foreign ships, owned by nine mega-carriers from Europe and Asia.
These shipping giants formed three cartels controlling 90% of Americaâs ocean trade.
đ„ Act 2: The Perfect Storm
When COVID-19 hit, those foreign cartels raised rates by 1,000%. They rejected U.S. farm exports, left American food rotting at the docks, and rushed back to Asia with empty containersâchasing profits.
Then came the security shock:
The U.S. Navy confirmed it couldnât crew 17 new support ships due to a shortage of American mariners. In a Pacific conflict, the U.S. would need 100+ fuel tankers. It has about 15.