1.8km Ship That's a Floating City 🚢

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Welcome to all our new subscribers and a warm “Ahoy” to our loyal readers. Another new week, let's take a look 🔭

In today’s email:

  • Customs Shakeup: 🛃 US tightens importer rules with 50% minimum penalty.

  • German Decline: 🏭 Bosch, ZF, and Continental cut 43,000 jobs.

  • Non-Compete: 🔒 WiseTech bars laid-off staff from joining four key rivals.

  • Orbit Return: 🚀 SpaceX capsules cleared to bring 1,000kg back from space.

SHIPPING NEWS

The 1.8-Kilometre City That Wants to Sail Forever

A Florida-based company is still pushing one of the most audacious maritime concepts ever proposed: a permanently mobile city at sea, designed to house tens of thousands of residents and circle the globe indefinitely.

The Freedom Ship is envisioned at approximately 1.8 kilometres in length—roughly 240 metres wide and 30 decks tall. The vessel would house up to 80,000 people: 50,000 residents, 10,000 tourists, and a 20,000-strong workforce keeping it running. It's too large to dock in any harbour, so eight helipads on top would handle transfers, while 15 kilometres of internal pathways and a tram network would connect the various decks and neighbourhoods.

The amenities list reads like a small country's capital city. On board: a 15,000-seat sports stadium, a water park, a dive-able aquarium, two museums, a symphony hall, a convention centre, nightclubs, a casino, a full-service spa, a shopping mall, a hospital, a bank, offices, and schools covering early childhood through secondary education—with references to post-secondary options as well.

The legal structure is real, even if the vessel isn't. Freedom Cruise Line International, Inc. was incorporated in Florida on February 13, 2018, with CEO Roger Gooch leading a 12-person team and Schopfer Associates handling the architectural design.

For trade observers, the commercial premise is what's interesting. As the city circles the globe, residents would gain ongoing exposure to different regions and ports—creating opportunities for cultural exchange and participation in global commerce as part of everyday life. It's effectively a floating free zone bringing its tax base, workforce, and consumer market to every port it visits.

The catch is delivery. The concept has been promised since the 1990s. Original cost estimates of $6 billion in 1999 had ballooned to $11 billion by 2002—and no hull has ever been laid. Whether 2026 is finally the year capital follows the vision, or whether this remains the most beautifully rendered PowerPoint in maritime history, is anyone's guess. Watch Clip

Follow the $50 Billion Buy-In

Wall Street just bet billions on a small collection of stocks.

And after a volatile first half of 2026, it looks like they’re about to shift even more.

MarketBeat’s updated 10 Best Stocks to Own in 2026 report reveals the 10 names attracting fresh capital right now.

VIDEO OF THE WEEK

German industry JUST died (it’s WORSE than you think)

Germany's industrial decline is accelerating. Bosch cut 22,000 jobs, ZF 14,000, Continental 7,150, while Thyssenkrupp is selling its steel division. Rising energy and labor costs, heavy regulation, and Chinese competition have weakened manufacturing, leading to foreign acquisitions and growing concerns over Europe's industrial future.

TRADE SNIPPETS

Trump signs executive order tightening rules on US customs importers. The new order raises bonding and "good standing" requirements for importers of record, imposes a 50% minimum penalty floor for customs violations, and subjects foreign importers to heightened entry rules to combat duty evasion.

Mastercard adds stablecoin settlement and weekend payouts to its global network. Mastercard is expanding card settlement options to include intraday, weekend, and holiday windows, plus on-chain settlement using regulated stablecoins like USDC, PYUSD, and RLUSD across multiple blockchain networks.

Laid-off WiseTech staff blocked from joining four key logistics software rivals. After union pressure, WiseTech narrowed its non-compete clause to bar redundant staff from joining Expedient Software, Clear.ai, TradeWindow, or Yojee for 12 months amid its AI-focused restructure.

SpaceX wins FAA approval to test Starfall capsules for in-space manufacturing and orbital cargo return. SpaceX's new Starfall capsules can return 1,000 kg from orbit on Falcon 9 or Starship, enabling commercial in-space manufacturing, rapid Pacific recovery, and point-to-point orbital cargo delivery to Earth.

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No matter what time of day it is or where you are, you can monitor the situation with Liquid.

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