This Spanish-American fight also opened a new chapter in the history of seapower.

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"Investor enthusiasm will cool down when all the news is out and rumors cleared up, " says an analyst at Seapower Securities in Hong Kong.

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"My favorite is Shanghai Industrial, " says the Seapower analyst.

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Warner has had a life-long and intimate association with the naval services thanks to his previous roles as an officer in and Secretary of the Navy and his current responsibilities as Chairman of the Senate Armed Services Committee's Seapower Subcommittee.

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