Atrioc

That's all they do. But ships started getting built in other places outside of the U.S. because it was way more cost effective to do that.

That's all they do. But ships started getting built in other places outside of the U.S. because it was way more cost effective to do that.

Can I say a stat? Yeah. 55% of all ship building globally is done in China.

Can I say a stat? Yeah. 55% of all ship building globally is done in China.

Can I say a stat? Yeah. 55% of all ship building globally is done in China.

Yeah. And dude, get this, as of 2018, and this was the trajectory was still going up, 91% of ship building happens in China, Korea, and in Japan. So the entire like shipyard industry, like ship manufacturing industry in the U.S., it just doesn't exist anymore. All of these companies went out of business and they don't have enough Jones Act compliant clients to like keep a business open.

Yeah. And dude, get this, as of 2018, and this was the trajectory was still going up, 91% of ship building happens in China, Korea, and in Japan. So the entire like shipyard industry, like ship manufacturing industry in the U.S., it just doesn't exist anymore. All of these companies went out of business and they don't have enough Jones Act compliant clients to like keep a business open.

Yeah. And dude, get this, as of 2018, and this was the trajectory was still going up, 91% of ship building happens in China, Korea, and in Japan. So the entire like shipyard industry, like ship manufacturing industry in the U.S., it just doesn't exist anymore. All of these companies went out of business and they don't have enough Jones Act compliant clients to like keep a business open.

There's not enough demand for that. So it was funny because when I was reading through this, there was like the paper that I was reading was from 2020. And it was talking about how few shipyards are left in the U.S. that even make these types of ships anymore. And it was like, and one of the few remaining ones is about to close. It's called like the Philly, the Philly shipyard.

There's not enough demand for that. So it was funny because when I was reading through this, there was like the paper that I was reading was from 2020. And it was talking about how few shipyards are left in the U.S. that even make these types of ships anymore. And it was like, and one of the few remaining ones is about to close. It's called like the Philly, the Philly shipyard.

There's not enough demand for that. So it was funny because when I was reading through this, there was like the paper that I was reading was from 2020. And it was talking about how few shipyards are left in the U.S. that even make these types of ships anymore. And it was like, and one of the few remaining ones is about to close. It's called like the Philly, the Philly shipyard.

So I looked up the shipyard, the name of that shipyard. Now the Hanwha Philly shipyard.

So I looked up the shipyard, the name of that shipyard. Now the Hanwha Philly shipyard.

So I looked up the shipyard, the name of that shipyard. Now the Hanwha Philly shipyard.

Don't talk shit about Philly, the Eagles or Hanwha shipping.

Don't talk shit about Philly, the Eagles or Hanwha shipping.

Don't talk shit about Philly, the Eagles or Hanwha shipping.

So isn't it... It was really funny to like, oh, that happened. It got bought out. And the consequences of this, in short, are that we have a really limited supply of compliant boats that are even able to fulfill this purpose anymore. They're more expensive to use. So...

So isn't it... It was really funny to like, oh, that happened. It got bought out. And the consequences of this, in short, are that we have a really limited supply of compliant boats that are even able to fulfill this purpose anymore. They're more expensive to use. So...

So isn't it... It was really funny to like, oh, that happened. It got bought out. And the consequences of this, in short, are that we have a really limited supply of compliant boats that are even able to fulfill this purpose anymore. They're more expensive to use. So...