And we contemplate why @CMC_MarineCorps is so worried about contested logistics in PACOM? Here’s a hint: nobody wants to run logistics with rapists aboard
90% of everything you consume comes via ship. The shipping container is the #1 invention that’s lifted people worldwide out of poverty & improved everyone’s lives but SVB and VCs have labeled shipping as dirty & uninvestable
I know because I was as COO of an MIT shipping startup
And it’s not just commercial shipping. It is also naval technology.
The startup industry picks favorites and those favorites do not align with the greater good. They align with the valleys “culture” of silicon Valley.
Let’s not forget that Silicon Valley started as a military town and supported shipbuilding innovation. The tech bros may have lost their way and, yes they have turned their back on “dirty” industries like shipping and defense but a bailout could be engineered to redirect them.
That said I don’t hold out much hope. The US Military (and especially the United States Navy) has completely turned it back on the financial markets so does not have the capability to help engineer a plan that will benefit national defense or fix problems like port logistics.
The United States Coast Guard certainly does have the financial expertise to step in, but not the bandwidth, political influence, or mandate to engineer a solution.
#USCG investigators find that the pilot of the Ever Forward was distracted while talking on his cell phone and the ship's captain left the bridge to eat dinner when the massive ship ran aground on the Chesapeake Bay in April.
The investigation reveals the pilot was relying solely on his Portable Pilot Unit - a portable GPS mapping solution pilots carry - to navigate & made multiple phone calls & texts before grounding.
This is a problem because crew members often can not view the information on personal charting solutions and must rely on the ships' electronic charts which show a different presentation of information.
#China's exports and imports contracted in November as the #COVID19 outbreak disrupted production and weakened demand at home. The value of exports fell to a low of $296 billion, the lowest since April when the lockdown of Shanghai closed factories. 🧵
About 15 years ago a containership capable of carrying 6,000 containers was considered large but then in 2011 @Maersk built the Triple-E class ships capable of loading 18,000 containers.
This extra capacity was needed to meet global growth but building mega ships created a new race. Soon all of Maersk’s competitors started building larger ships and today the largest can carry over 24,000 containers!