Discover and read the best of Twitter Threads about #JonesAct
Most recents (17)
@TheAtlantic @scottlincicome 1/Compare this piece in @TheAtlantic versus that of @JerryHendrixII who argues "The Age of American Dominance is Over."
While Captain Hendrix warns about the dangers, Scott Lincicome of @CatoInstitute revels in it; but misrepresents the #JonesAct.
theatlantic.com/magazine/archi…
While Captain Hendrix warns about the dangers, Scott Lincicome of @CatoInstitute revels in it; but misrepresents the #JonesAct.
theatlantic.com/magazine/archi…
@TheAtlantic @scottlincicome @JerryHendrixII @CatoInstitute 2/Scott brings up the direct cost and cites 5x cost to build in the United States. Yet, he fails to account for the massive subsidies and offsets by the three largest shipbuilding countries in the world - China, Korea, and Japan. @CSIS
reconasia.csis.org/hidden-harbors…
reconasia.csis.org/hidden-harbors…
@TheAtlantic @scottlincicome @JerryHendrixII @CatoInstitute @CSIS 3/Why short-sea shipping is not used...It is TIME & COST!
Why ship something from a site in rural Georgia to Boston by short-sea? You have to truck it to Savannah, wait & load on a ship, sail it with multiple stops, arrive in Boston and then truck...when you can just truck it.
Why ship something from a site in rural Georgia to Boston by short-sea? You have to truck it to Savannah, wait & load on a ship, sail it with multiple stops, arrive in Boston and then truck...when you can just truck it.
So, @TheAtlantic ran a piece from Scott Lincicome on the #JonesAct. Scott is with @CatoInstitute & @CatoTrade and I would include him on this tweet, but he has me blocked.
Maybe that is because I am going to show how many things he gets wrong or misrepresents in his piece.
Maybe that is because I am going to show how many things he gets wrong or misrepresents in his piece.
Alright...here is my breakdown.
1. Direct Costs. 5x cost in construction.
As usual, Scott does not account for the massive subsidies and offsets provided by China, Japan & Korea that build 94% of the world's ships.
theatlantic.com/ideas/archive/…
1. Direct Costs. 5x cost in construction.
As usual, Scott does not account for the massive subsidies and offsets provided by China, Japan & Korea that build 94% of the world's ships.
theatlantic.com/ideas/archive/…
2. Why short-sea shipping is not used. It is TIME!
Why ship something from a site in rural Georgia to Boston by short-sea? You have to truck it to Savannah, wait & load on a ship, sail it with multiple stops, arrive in Boston and then truck...when you can just truck it.
Why ship something from a site in rural Georgia to Boston by short-sea? You have to truck it to Savannah, wait & load on a ship, sail it with multiple stops, arrive in Boston and then truck...when you can just truck it.
Someone sent me @brentdsadler excellent essay entitled "For the Larger Navy U.S. Needs, American Shipping and Shipbuilding Must Be Revived," from Oct 2022.
1/
heritage.org/defense/commen…
1/
heritage.org/defense/commen…
Brent has three key takeaways; and all of them are right on point. I will, however, take exception with a few of his supporting points.
2/
2/
No question that US is too dependent on foreign industrial base for much of its production in case of conflict.
3/
3/
1/Matson Returns to Philly Shipyard for Three More Jones Act Containerships
Before @CatoInstitute
& @cpgrabow can comment, let me say $1 Billion for three 3600TEU ships is expensive. At least twice the going $150M price overseas.
The question is why?
gcaptain.com/matson-returns…
Before @CatoInstitute
& @cpgrabow can comment, let me say $1 Billion for three 3600TEU ships is expensive. At least twice the going $150M price overseas.
The question is why?
gcaptain.com/matson-returns…
2/The sunk cost for any containership is largely due to its engines, design, fabrication and its steel. Obviously bigger ships need more of the latter, but all ocean-going ships face similar issues.
In the case of these they are smaller due to the demand envisioned by Matson.
In the case of these they are smaller due to the demand envisioned by Matson.
3/Even though these ships are based on the earlier Aloha class they will feature LNG fuel which adds to the costs in order to meet IMO and potential California emission laws.
Okay...so why are these ships still costing $1/3 Billion a piece.
Okay...so why are these ships still costing $1/3 Billion a piece.
So many are talking about #diesel & #gas shortages. Just a couple of facts from the latest @EIAgov This Week in Petroleum report.
1. US diesel stocks are below the 5 year average. Typically for this time we are between 120 to 140 million barrels of diesel.
We are at 110M...
1. US diesel stocks are below the 5 year average. Typically for this time we are between 120 to 140 million barrels of diesel.
We are at 110M...
2. In terms of days of supplies, last year we were sitting at 30 days of supplies, today we are at 25 days....
3. In terms of production of #diesel, we are above last year's 4.6 million barrels per day; currently producing 5 million barrels of day.
Okay, if production is up and supplies are down, what is the cause?
Are we driving more?
No, diesel use is down in the US.
Then what?
Okay, if production is up and supplies are down, what is the cause?
Are we driving more?
No, diesel use is down in the US.
Then what?
1/Hurricane Fiona Slams Into Puerto Rico
It is time for me, once again, to advocate for @fema @DOTMARAD @US_TRANSCOM to have one of the RRF ro/ros loaded with relief gear at the start of the Hurricane season.
scq.io/G6Xiq9h
It is time for me, once again, to advocate for @fema @DOTMARAD @US_TRANSCOM to have one of the RRF ro/ros loaded with relief gear at the start of the Hurricane season.
scq.io/G6Xiq9h
2/The @RoyalNavy @RFAHeadquarters does this with one their Bay-class LSD(A) and are able to respond immediately.
The hit on Puerto Rico once again demonstrates the need for immediate relief, not days or weeks later.
The hit on Puerto Rico once again demonstrates the need for immediate relief, not days or weeks later.
What the Ship!
July 20, 2022
Updates on Previous Stories
1⃣Supply Chain & Rise in US Container Imports
2⃣Brazil, Bulkers & China's Mineral Resource Group
3⃣US Energy Exports Increase
4⃣Labor Strikes Around the World
5⃣ US Inland & Coastal Waters
July 20, 2022
Updates on Previous Stories
1⃣Supply Chain & Rise in US Container Imports
2⃣Brazil, Bulkers & China's Mineral Resource Group
3⃣US Energy Exports Increase
4⃣Labor Strikes Around the World
5⃣ US Inland & Coastal Waters
1⃣ U.S. Container Imports Rise in June as Congestion Shifts East
H/T @gCaptain @theloadstar
Video:
#supplychain #ports #rail #containers
gcaptain.com/u-s-container-…
H/T @gCaptain @theloadstar
Video:
#supplychain #ports #rail #containers
gcaptain.com/u-s-container-…
2⃣ Fertilizer Inflation Forces Overhaul of Brazil Ports, Railways
H/T @gCaptain @business @BloombergNRG
Video:
#bulk #fertilizer #sugar #ore #china #australia
gcaptain.com/fertilizer-inf…
H/T @gCaptain @business @BloombergNRG
Video:
#bulk #fertilizer #sugar #ore #china #australia
gcaptain.com/fertilizer-inf…
1/While @johnkonrad is focusing on the @USNavy, let me direct the issue to the @DeptofDefense & @USDOT. Right now we are seeing falling supplies of diesel in New England & Mid-Atlantic.
Prices for gas and diesel have spiked since the #RussiaUkraineWar...
Prices for gas and diesel have spiked since the #RussiaUkraineWar...
2/Sanctions against Russian petroleum, means than crude oil and diesel imported in the US is down.
The issue that should pop into everyone's mind is why are we importing any POL from Russia in the first place?
gcaptain.com/united-states-…
The issue that should pop into everyone's mind is why are we importing any POL from Russia in the first place?
gcaptain.com/united-states-…
3/The answer lies in the fact that we have not built a new oil refinery in the US since the 1970s...
nytimes.com/2005/05/09/bus…
nytimes.com/2005/05/09/bus…
What the Ship?
Top 5 Maritime Stories
March 15, 2022
1⃣ #UkraineRussiaWar & Global #Trade
2⃣ #EverForward & #NorwegianEscape Groundings
3⃣ Asia's #COVID Surge & Port Closures
4⃣ US Port Backlog & #Supplychain
5⃣ #JonesAct Shipping
via @YouTube
Top 5 Maritime Stories
March 15, 2022
1⃣ #UkraineRussiaWar & Global #Trade
2⃣ #EverForward & #NorwegianEscape Groundings
3⃣ Asia's #COVID Surge & Port Closures
4⃣ US Port Backlog & #Supplychain
5⃣ #JonesAct Shipping
via @YouTube
1⃣ Russia’s Invasion of Ukraine Threatens The Already Fragile Global Food System
H/T @gCaptain @business
gcaptain.com/russias-invasi…
H/T @gCaptain @business
gcaptain.com/russias-invasi…
2⃣Evergreen Containership Aground in Chesapeake Bay
H/T @MikeSchuler @gCaptain
gcaptain.com/containership-…
H/T @MikeSchuler @gCaptain
gcaptain.com/containership-…
High oil prices suck. I know. With that said I see a lot of misinformation regarding how oil markets work, our production, Russia's production, etc. Perhaps this will help people sort through the noise.
1. The first thing to know about oil is that it is set on a GLOBAL market. What does that mean? That means there is, effectively, one price. So, any supply disruption, anywhere, affects that price and therefore prices in the US.
Even if we produced 2x what we consumed, if there is a war that raises oil prices in EU, the price in the US will rise. So, if someone claims that increasing our production will insulate us from oil P shocks like we are seeing now, they don't know what they are talking abt. Sorry
1/It’s Time For A National Maritime Strategy
I would add just a few comments to the article posted by @HudsonInstitute
breakingdefense.com/2021/08/its-ti…
I would add just a few comments to the article posted by @HudsonInstitute
breakingdefense.com/2021/08/its-ti…
2/One has to go back to 1920 when the nation had a comprehensive National Maritime Strategy with the passage of the Merchant Marine Act, known as the #JonesAct
3/The Chinese Belt and Road Initiative includes a maritime component to ensure the adequate supply of raw materials and export of goods. China had developed multiple sea routes and land corridors, while also building the largest commercial merchant fleet & shipyards in the world.
1/The decline of US merchant marine stems >WWII. In that conflict, the Merchant Marine Act of 1920 #JonesAct, along with acts of 1928 & 1936 provided the basis for the USMM to be 2nd largest in the world & in a position to transport the Arsenal of Democracy & build 2-Ocean Navy.
2/The US controlled 63% of world fleet >WWII, but the Ship Sales Act of 1946 sold US ships at a discounted rate to restock world fleets. Also the Marshall Plan 1948 permitted shipyards to be rebuilt and use the new prefab tech advocated by Henry J Kaiser.
3/Before entry into WWII, the US used the Panama registry as a means to avoid US Neutrality laws and deliver material and fuel to Britain prior to Lend Lease. Post war, Panama, along with Liberia as open registries on international routes with little oversight or regulation.
@jsnover @cpgrabow @robertcobrien 1/The decline of US merchant marine stems >WWII. In that conflict, the Merchant Marine Act of 1920 #JonesAct, along with acts of 1928 & 1936 provided the basis for the USMM to be 2nd largest in the world & in a position to transport the Arsenal of Democracy & build 2-Ocean Navy.
@jsnover @cpgrabow @robertcobrien 2/The US controlled 63% of world fleet >WWII, but the Ship Sales Act of 1946 sold US ships at a discounted rate to restock world fleets. Also the Marshall Plan 1948 permitted shipyards to be rebuilt and use the new prefab tech advocated by Henry J Kaiser.
@jsnover @cpgrabow @robertcobrien 3/Before entry into WWII, the US used the Panama registry as a means to avoid US Neutrality laws and deliver material and fuel to Britain prior to Lend Lease. Post war, Panama, along with Liberia as open registries on international routes with little oversight or regulation.
[Thread] In 2019, we began the official celebration of our #AmericanMaritimeHeroes! This is our way of honoring the men and women who have made extraordinary contributions to the rich history of the U.S. as a maritime nation.
We first honored Department of Transportation Secretary Elaine Chao, who is acknowledged as the best Transportation Secretary ever for American maritime. Thank you @SecElaineChao! #AmericanMaritimeHeroes americanmaritimeheroes.com/secretary-elai…
@SecElaineChao We also celebrated the World War II Merchant Mariners, who transported tens of millions of tons of war supplies and over 7 million servicemen during the war. Sadly, 1 in 26 mariners lost their lives during WW2. #AmericanMaritimeHeroes americanmaritimeheroes.com/the-world-war-…
Today I convened a @SenateCommerce hearing on the American maritime industry. The committee heard the expert testimony of Vicksburg resident Austin Golding regarding maritime infrastructure and workforce needs. Read more here ⤵ wicker.senate.gov/public/index.c…
Austin Golding told @SenateCommerce investments in America’s waterways infrastructure were among the best investments in bulk commerce the U.S. could make. WATCH his opening statement here ⤵
Properly enforcing the #JonesAct is important for economic and national security. Our nation needs sufficient U.S.-flagged ships and mariners to support our troops in times of crisis. WATCH my full opening statement to @SenateCommerce here ⤵
10/27 ☎️ #CallToAction: Puerto Rico continues to receive sub-par treatment from Washington. Call & demand a 1-year #JonesAct waiver to help.
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#PuertoRico’s infrastructure has been decimated, leaving many citizens without electricity, clean water and food.
10/4 ☎️ #CallToAction: Puerto Rico needs aid but there are red-tape issues & cost problems. Congress must act! #PuertoRicoReliefNOW
#LoyalO
#LoyalO
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After a direct hit by #HurricaneMaria, the situation is #PuertoRico is apocalyptic. There is almost no power at all. washingtonpost.com/national/when-…
