Episode Details

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

(28:56) - Why US Shipbuilding Lags

(31:31) - China Shipbuilding Dominance

(44:36) - Automation And Future Innovation

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Referenced in the Show:

Twitter: https://x.com/mintzmyer

Website: www.vieresearch.com

Box book: https://www.amazon.com/Box-Shipping-Container-Smaller-Economy/dp/0691170819

Chinese automated shipyard (video): https://youtu.be/RXr03aRF_p8?si=1cjIBZaFeTTqhutD

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Jacob Shapiro Site: jacobshapiro.com

Jacob Shapiro LinkedIn: linkedin.com/in/jacob-l-s-a9337416

Jacob Twitter: x.com/JacobShap

Jacob Shapiro Substack: jashap.substack.com/subscribe

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The Jacob Shapiro Show is produced and edited by Audiographies LLC. More information at audiographies.com

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Jacob Shapiro is a speaker, consultant, author, and researcher covering global politics and affairs, economics, markets, technology, history, and culture. He speaks to audiences of all sizes around the world, helps global multinationals make strategic decisions about political risks and opportunities, and works directly with investors to grow and protect their assets in today’s volatile global environment. His insights help audiences across industries like finance, agriculture, and energy make sense of the world.

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Mentioned in this episode:

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