The Sinking Shipping Industry

McCoy, Cynthia Y. | January 1, 1983

The United States has yet to develop a coordinated national shipping policy despite constant calls for a strong merchant marine dating from the country’s inception. The lack of such a policy implicates broader national interests than those of shippers and ship-owners, such as the national defense, diplmoatic relations with United States trading partners, and the United States balance of payments.