Oil spills changed how Americans viewed international maritime

Every week, FreightWaves explores the archives of American Shipper’s nearly 70-year-old collection of shipping and maritime publications to showcase interesting freight stories of long ago.

This article from the February 1977 issue of American Shipper demonstrates the growing concern Americans had for foreign maritime policy after numerous mishaps on sea. 

Oil spills, groundings & collisions make U.S. citizens flag conscious

A ship was a ship was a ship was a ship in the eye of most American...

https://www.freightwaves.com/news/oil-spills-changed-how-americans-viewed-international-maritime

New ship orders sink as fear of future economic crisis grows

ship construction

What will the next decade bring for the notoriously unpredictable world of ocean shipping?

The bull case is that shipyard orderbooks have fallen to multi-decade lows because owners don’t want to buy 25-year assets until they know the decarbonization rules. As regulatory risks continue to artificially constrain orders, cargo demand growth will outpace vessel supply. Rates will surge.

The counterargument is that regulatory fears are not the biggest reason orders are so low. The biggest reason is...

https://www.freightwaves.com/news/new-ship-orders-sink-as-fear-of-future-economic-crisis-grows

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