Alfred Thayer Mahan first articulated this new reality in his seminal work The Influence of Seapower on History.

CENTERFORSECURITYPOLICY: Center for Security Policy | The Measure of a Superpower: A Two Major Regional Contingency Military for the 21st Century | Page: 2

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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Specifically, this Discussion -- involving over 60 past and present senior military officers, industry leaders, members of the press and the Chairman of the U.S. Senate Seapower Subcommittee, Sen.

CENTERFORSECURITYPOLICY: Future of US naval supremacy

"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.

CENTERFORSECURITYPOLICY: Future of US naval supremacy