Planet Money

How the Navy came to protect cargo ships

48 snips
Feb 16, 2024
The Genco Picardy, a foreign cargo ship, called the U.S. Navy for help after being attacked by Houthis in the Red Sea. This incident opens a discussion on the historical concept of 'freedom of the seas' and how it shapes global trade today. The podcast delves into America's past confrontations with threats like Barbary pirates, illustrating a long-standing commitment to safeguarding maritime routes. It also explores the current challenges posed by the Houthis and their impact on international shipping dynamics.
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ANECDOTE

The Genco Picardy Incident

  • The Genco Picardy, a cargo ship, was attacked by Houthis near Yemen.
  • The crew contacted the U.S. Navy, highlighting the U.S. military's role in protecting international shipping.
INSIGHT

U.S. Navy's Role

  • The attack on the Picardy raises questions about the U.S. Navy's role in protecting international shipping.
  • This episode explores the history of "freedom of the seas."
INSIGHT

Origin of Freedom of the Seas

  • The concept of "freedom of the seas" originated in the 1600s.
  • A lawyer for the Dutch East India Company argued that the seas, like air, should be open to all.
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