Shipping for Dummies

Jacob sits down with J Mintzmyer of Value Investors Edge for a shipping deep-dive (but of course it's a geopolitics lesson in disguise). Mintzmyer argues the industry has barely changed in eleven years, most of the efficiency gains, double hulls, eco-designed vessels, LNG boil-off fixes, were locked in over a decade ago, leaving only regulation to move the needle. The two dig into why the US lost shipbuilding to Japan, Korea, and now China, how the Jones Act complicates the picture, and why America's real shot at relevance lies in owning and financing vessels, not building them.

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Timestamps:

(00:00) - Welcome and Setup

(01:20) - Meet J Mintzmyer

(02:38) - Shipping for Dummies

(06:24) - How Shipping Demand Works

(08:30) - Has Shipping Changed

(16:48) - US Shipbuilding Decline

(26:14) - Tonnage Tax Loophole

(27:15) - Make US Shipping Competitive

(27:54) - Finance Incentives Not Sanctions