Part 2/10:

A significant concern has emerged regarding the decline of the US Merchant Marine, prompting national security alarm bells in Washington. A recent article from the Wall Street Journal highlights the bipartisan effort surrounding the introduction of the "New Ships for America Act." This legislation seeks to stimulate the US commercial shipping and shipbuilding industry, which has shrunk from over 16% of the world fleet in 1960 to around 0.5% today.