What The Ship! Ukraine/Russia, Global Trade, Container Lines, USMMA Sup Resigns & Watch Your Dinghy
March 8, 2022
What's Going on With Shipping?
On this episode, Sal Mercogliano - former merchant marine and maritime historian - discusses the Top 5 Maritime Stories for the week of March 8, 2022. The stories include an update on the invasion of Ukraine by Russia and the impact on shipping in the Black Sea. Second, we examine the global impact of Ukraine being blockaded and Russia being sanctioned and what their loss means for commodites and shipping. Third, the President of the United States in the State of Union targeted the large containerlines as the cause for increase freight rates and is calling for more regulation. Fourth, the Superintendent of the United States Maritime Academy announced his resignation and we discuss the background to this decision and what is looming for the US maritime sector. Finally, we discuss why you should never bring a Dinghy to a game of chicken against a container ship.
#Ukraine #Russia #UkraineRussiaWar #trade #supplychain #containerlines #alliances #cartel #POTUS #SOTU #USMMA
00:00 Introduction
00:45 1. Ukraine/Russia Conflict
9:28 2. Global Trade
15:08 3. POTUS, FMC and DOJ Target Container Lines
24:10 4. US Merchant Marine Academy Superintendent To Resign
28:35 5. Dinghy versus a Containership
1. Ukraine/Russia Conflict
Market Forces Are Choking Off Russian Ports
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The Maritime Blockade Of Ukraine Is Working
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Ship Insurers Extend War Risk Zone “Close To Romania”
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Underwriters said to be refusing cover for Ukraine war risks
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As Ukraine Evacuates Trapped Seafarers, Foreign Mariners Count Cost of War
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Shipping ‘hurt’ by Ukraine conflict amid record volatility on commodities market
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How invasion of Ukraine could ease shipping logjam off US ports
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Ukraine Uncertainties Cause Divergent Views for Shipping Markets
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2. Impact on Global Trade
Ships Sail For South African Coal After Russia Sanctions
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China Is Shipping Stockpiles Of Metal To Europe
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‘Daredevil’ aframaxes keep Russian oil moving
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3. POTUS, FMC and DOJ Target the Container Lines
President Biden Puts Ocean Carriers in the Crosshairs
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Biden Administration Ramping Up Competition Enforcement in Ocean Shipping
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FACT SHEET: Lowering Prices and Leveling the Playing Field in Ocean Shipping
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Big Ships at the Heart of West Coast Port Congestion
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FMC makes its pitch to Senate for greater powers
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FBX Report: March 02, 2022
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House panels open price-gouging probe of major ocean carriers
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4. Popular US Merchant Marine Academy Admiral Jack Buono Resigns
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5. Dinghy Operator Nearly Run Over By Containership in Southampton
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