What the Ship (Ep56) | Updates | Russian Oil | Diesel & Gas Shortage | Container Lines | Port of LA
October 28, 2022
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29:54Now PlayingWhat the Ship (Ep56) | Updates | Russian Oil | Diesel & Gas Shortage | Container Lines | Port of LA
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as posted by the channelRussian Oil | Diesel & Gas Shortage | Container Lines | Port of LA | Updates on Past Stories
What's Going on With Shipping?
October 28, 2022
In this episode, Sal Mercogliano - maritime historian at Campbell University and former merchant mariner - discusses the top 5 maritime stories as of October 28, 2022. First, an update on previous stories on Germany diversifying the port of Hamburg, LNG tankers waiting to offload in Europe, the St. Lawrence experiencing low water and warnings that Globalization is over. Second, the issue of Russian oil is addressed as new sanctions prepare to come into force in early December and Russia's effort to establish a 'ghost fleet' to ship their oil. Third, the decline in stores of gasoline and diesel, calls to waive to the Jones Act, and what are the underlying factors. Fourth, a closer look at falling container rates, volume, and the layup of ships. Finally, what has happened to cargo on the West Coast and in particular the port of Los Angeles.
#LNG #Diesel #supplychain #container #russia #JonesAct #LosAngeles #ports
Support What's Going on With Shipping via:
Patreon: www.patreon.com/wgowshipping
Twitter: @mercoglianos
Facebook: @wgowshipping
1. Updates
Olaf Scholz Suggests Europe Should ‘Diversify’ By Selling More Ports To China
Europe LNG Port Congestion May Last Through November
Canada’s Shrinking St. Lawrence Seaway Latest Threat to Shipping Routes
Grain Giant Warns Globalization Is Over
F3 Future of Freight Festival
2. Russian Oil
Russian Oil Logistics In Chaos With Weeks Until Sanctions Bite
Time running out to avoid Russian price cap chaos, says legal expert
Unwanted Russian Oil Fills Singapore Anchorage
Sanctions-evading tankers switch from Iranian to Russian trade
Russian fleet doubles down on trade with friendly countries
Russia rushes to fix tanker fleet with six weeks to go until EU crude ban starts
3. A Diesel Shortage Is Spreading Across The U.S.
4. Container Lines
Carriers under pressure to take more decisive action to stem declines
Smaller Containerships Most Likely to Face the Chopping Block
Inactive boxship levels hit two-year high
5. Cargo Reduction, Variables & Port of LA
Did US slash imports too much, setting stage for shipping rebound?
A second railroad union votes down labor deal needed to avoid nationwide strike
US Dockworker Union Deal Will Take Months Says Seroka
China – LA container spot rates slump to pre-pandemic peak season levels
LA/LB ports container dwell fee still not implemented one year on
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