The continuing reservation of US cabotage cargo to US flagged vessels only is getting increasingly costly for US consumers. The recent news that Matson has ordered two 3,600 teu vessels from Aker Philadelphia Shipyard in the US for approximately $209 million each underlines the possibility that US flag protectionism is an increasingly expensive luxury. Ignoring differences in ship
WORLD SHIPPING
22 November 2013 - 00:00
US cabotage protection gets more expensive
The continuing reservation of US cabotage cargo to US flagged vessels only is getting increasingly costly for US consumers. The recent news that Matson has ordered two 3,600 teu vessels from Aker Philadelphia Shipyard in the US for approximately $209 million each underlines the possibility that US flag protectionism is an increasingly expensive luxury. Ignoring differences in ship
WORLD SHIPPING
22 November 2013 - 00:00
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