The world's shipyards are steeped in secrets and the elite are profiting from them. It's no wonder that the powerhouses of maritime industry—the shipping tycoons of the world—seem to have such an inordinate amount of wealth. From the inventory of transport vessels to the silent shuttering of factories, the wealthy elite are pulling the strings and practically drowning us in their secrets.

A closer look at the shipyards tells a much more insidious tale than those few stories that actually manage to make it off the docks. Behind the scenes, the shipping tycoons have found ways to manipulate the market to their own benefit. From the implementation of surcharges on port navigation to the exploitation of workers, these powerful figures are slowly but surely saturating our waters with their secrets.

For example, the most obvious manipulation is the use of outdated ships that are no longer up to safety standards, yet are still deemed sufficiently sea-worthy for navigation. The cost of updating the vessels is not passed on to the shipper, but instead this added cost is foisted off onto passengers and crews. In other cases, we see a trend of shipyards lowering labor costs by hiring cheaper, less-trained workers. This isn't just a lapse in industry ethics—it's also a risk to public safety and security, impacting the entire industry.

The elites rely on our ignorance to keep their sails full of secrets, but if the public were to become aware of their schemes, there would be a ripple effect felt from port to port. Perhaps then, we could begin to see an improvement in the quality of vessels and safety standards. It's time to call out these shipping tycoons and their sinking secrets and reform an industry that has profited from the rest of us for too long.

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Filed under: Uncategorized - @ July 20, 2023 4:03 am