Our own commercial shipbuilding industry has a lot of catching up to do. We should pass the SHIPS for America Act to support it as soon as possible. Last month an eye-popping headline came out of the Chinese shipping and logistics industry: Cosco, a state-owned shipping conglomerate based in Shanghai, had struck a deal with another state-owned firm – China State Shipbuilding Corporation (CSSC) – for 87 new vessels across all segments of its fleet. Maritime Executive said the order includes “ultra-large container ships, ultra-large bulk carriers, ultra-large oil tankers, grain transport ships, multi-purpose heavy lift vessels, MR tankers, ro-ro...