11min chapter

Counterbalance cover image

Ep. 46 | China’s Dominance of Commercial Maritime Industry Should Serve as a Warning

Counterbalance

CHAPTER

Abandoned Vessels and Shipbuilding Challenges

This chapter examines the troubling issue of abandoned ships crewed by vulnerable individuals from countries like Bangladesh and the Philippines, emphasizing the dangers posed by the flag of convenience system. It also contrasts the declining U.S. shipbuilding industry with China's rapid growth, discussing the implications for national security and the historical policies affecting this disparity. The discussion advocates for reforms and strategic investments to bolster American maritime capabilities and address the risks of dependency on foreign shipbuilding.

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