Whats Going on with Shipping
@wgowshipping·697K subscribers·1.2K videos
What the Ship (Ep53) | NordStream/LNG | US Halt Gas Exports | Container Rates Sink | US Tows Stuck
Posted
October 5, 2022
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87,583
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October 5, 2022
87,583
2,392
283
3.05%
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30:16Now PlayingWhat the Ship (Ep53) | Nord Stream & LNG | US Halt Gas Exports | Container Rates Sink | Stuck Barges
What's Going on With Shipping?
October 5, 2022
In this episode, Sal Mercogliano - maritime historian at Campbell University and former merchant mariner - discusses the Top 5 Maritime News stories as of October 5, 2022. First, the breaks in the Nord Stream pipelines, the sanctions against Russian natural gas, and overall uncertainty in the market raises the prospect for LNG charter rates to hit $500,000 per day. Second, the proposal by the Biden Administration for a ban on export of US gasoline could cause further disruptions in world energy markets as the G7 prepares to impose a price cap on Russian oil and OPEC+ cuts back production. Third, falling water level on the Mississippi River is threatening US exports of grain, along with the import of vital fertilizer. Fourth, the falling rates of containers continue and the question about how they got there is addressed. Finally, What's Going on With Shipping is heading to the New York Maritime Security Conference.
#nordstream #lng #gasoline #supplychain #barge #mississippi #security
Support What's Going on With Shipping via:
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1. LNG shipping rates ‘shooting for the stars’ at $500,000 per day
Sweden Sends Ship to Inspect Nord Stream Pipelines
Russian Deputy PM Says Restoration Of Nord Stream Possible
Why The U.S. Will Not Ban LNG Exports
China Is Reselling U.S. LNG To Europe For Big Profits
2. White House Reportedly Weighing Controversial Gasoline Exports Ban
EIA This Week in Petroleum
Tanker Trials and Tribulations: Longer Voyages, Secret Trades, Sanctions and Price Caps
In Brief: Oil Exports via Novorossiysk
Here’s How The U.S. Wants To Structure The Russian Oil Price Cap
A Cap on Russian Oil Prices Would Let Sanctions Work With Global Trade
3. Mississippi River Barge Backlog Swells as Water Levels Shrink
Barge Groundings Create Headaches on the Lower Mississippi
4. Managed Decline: Ocean Carriers Face Challenge of Keeping Pandemic Windfalls, Drewry Says
Ocean freight orders are signaling a big drop in consumer demand
Spectre of structural overcapacity looms large over liners
Xeneta: Drop in Ocean Freight Rates May Be a Normal Market Correction
Inflation Concerns and High Interest Rates Haven’t Stopped U.S. Consumers from Spending
5. New York Maritime Security Conference 2022
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