On February 7th, an important speech to the KP Club of Washington DC by Deputy Maritime Administrator Paul Chip Jaenichen.
The speech covered vital industry-related areas including Kings Point, the state of the U.S. Maritime Administration, and sequestration.
"More than ever I think it's critical that we have skilled mariners in our industry's workforce. There's a recent report from the International Energy Agency that tells us that within the next decade the US is going to be the leading producer of crude oil."
Video courtesy of Maritime TV.