What the Ship? Container Imports, Wheat Shipping, Russian Oil, Freedom Trade & Gold Medal Mariners
May 18, 2022
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33:57Now PlayingWhat the Ship? Container Imports, Wheat Shipping, Russian Oil, Freedom Trade & Gold Medal Mariners
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as posted by the channelWhat the Ship? Container Imports, Russian Oil, Wheat Shipping, Freedom Trade & Gold Medal Mariners
What's Going on With Shipping?
May 18, 2022
In this episode, Sal Mercogliano - former merchant mariner and maritime historian at Campbell University - discusses the top 5 maritime stories as of May 18, 2022. First, while we experience a freight recession on land, ocean container imports jump in April with more headind toward the East vice West coasts. Second, Russian oil, thought to be boycotted and sanctioned is still sailing but to new markets. Third, a wheat shortage caused by the Ukraine-Russia War and now India's decision to withold exports, will heighten this issue. Fourth, an editorial by Craig Fuller questions whether free trade is dead and welcomes the concept of Freedom Trade. Finally, after 77 years, the US government has awarded a Congressional Gold Medal to the surviving US merchant mariners from the Second World War.
#supplychain #oil #foodshortage #UkraineRussia #containership #container #shipping #mariners
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1. U.S. Container Imports Jump in April as Coastal Shift Continues
Has the peak of container shipping’s epic boom already passed?
Container shipping rates: Still sky high but falling back to Earth
2. India’s Surprise Wheat Export Ban Traps 1.8 Million Tonnes at Ports
Ukraine Asks Turkey to Ban Stolen Grain Cargoes From the Bosporus
3. Flotilla of Tankers Takes Russian Oil Through Suez Canal to Asia
Seaborne Oil a Lifeline as German, Polish Refiners Swerve Russian Supply
EU Gives Companies Green Light to Keep Buying Russian Gas
Western Trade and Transport Sanctions on Russia: Summary
Iran oil exports to China on the rise, West ‘distracted’ by Russia-Ukraine
India ramps Russian imports
Sovcomflot ship sales start to emerge
4. Free trade is dead, welcome to ‘Freedom Trade’
5. Congressional Gold Medal Ceremony for World War II Merchant Mariners
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