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WALTERBROADDUS
What's Going on With Shipping?
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Comments by "WALTERBROADDUS" (@WALTERBROADDUS) on "Tit For Tat Tankers - Iran Seizes a Tanker After US Seizes a Tanker" video.
😢 it seems that we in the United States are engaging in a, " might makes right type policy. " this American does not agree we should be doing so.
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Most US flag vessels today operate either in coastal operations or between Hawaii and the Caribbean. Most of the international traffic as well as your cruise ships don't fly the American flag anymore.
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@davidpnewton consumers are only going to pay so much for transportation costs and regulations. The shipping industry is based on the idea of getting maximum amount of cargo delivered for as little as possible. And there's a reason why the industry is largely not US flagged. They don't want to deal with the labor and regulation issues. Cruise ship industry is not much different.
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Agreed.
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The administration is rather focused on electric vehicles. Expanding the oil industry is not in the cards.
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How much are you willing to pay as a customer?
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Escorting of whom?
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The oil Market is a very complicated one. But I suppose this is one piece of the puzzle?
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The problem is that most companies do not fly the US flag.
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@MRT-co1sd Exactly. Very few ships fly the US flag anymore. And most of those are either going to Hawaii or the Caribbean.
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