3/13/2018: CMA Shipping 2018 – Summary of keynote address by Deputy Commandant for Operations, Vice Adm. Charles Ray

Ray’s remarks focused on securing the alignment of safe and efficient commerce. He pointed out that 90 percent of the world trade is carried by shipping and the U.S. alone accounts for 26 percent of the world’s consumer market. The United States is the fifth largest ship-owning country by tonnage and accounts for 986,816 metric tons of goods and services, which equates to 1.47 trillion U.S. dollars.