Protecting Australian Maritime trade Report

Protecting Australian Maritime trade Report

The Australian Naval Institute & the Naval Studies Group at University of NSW (Canberra) has released its Protecting Australian Maritime Trade Report. The major report is based on the findings of the 2019 Goldrick Seminar on maritime trade. This is a timely publication, coming as Australia’s supply chain independencies are stretched in the current Coronavirus pandemic.

In recent years as a result of the rise of globalization and the decline of local manufacturing, the dependence on imports to maintain an increasingly complex society has grown markedly. Due to these factors maritime trade is more important to Australia than any time since the arrival of the 1789 Second Fleet bringing much needed food to Sydney.

The Report describes the current state of Australian maritime trade & its vulnerabilities & calls for a systematic approach to increase ‘Strategic Resilience' as well as more focus on measures to protect maritime trade if the strategic situation deteriorated.