What The Ship (Ep60) | Supplychain | Maersk vs FMC | Russia Price Cap | Insurance | Port of Miami
November 27, 2022
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30:23Now PlayingWhat The Ship (Ep60) | Supplychain | Maersk vs FMC | Russia Price Cap | Insurance | Port of Miami
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as posted by the channelSupplychain Slow Downs | Maersk vs Federal Maritime Commission | Russia Price Cap On Hold? | Shipping Insurance | Rise of the Port of Miami
What's Going on With Shipping?
November 27, 2022
In this episode, Sal Mercogliano - maritime historian at Campbell University and former merchant mariner - discusses the top 5 Maritime Stories as of November 26, 2022. First, multiple issues are poised to hit the #supplychain with a new round of China COVID shutdowns, strikes in Korea and India, and the potential for a US rail strike. Second, the opposition of Poland, Estonia, Lithuanian and Latvia to the price cap set by the G7 and European Union jeopardizes the implementation of the sanctions set to take place on December 5. Third, Maersk Lines finds itself the target of a lawsuit under the new powers of the Federal Maritime Commission, granted under the Ocean Shipping Reform Act of 2022. Fourth, a new report finds fire, inflation and global warning as the greatest threat to shipping and therefore increasing insurance rates. Finally, the Port of Miami, much like the rest of the Gulf and East Coast ports are benefitting from the shift of cargo from the Ports of Los Angeles and Long Beach.
#supplychain #pricecap #inflaion #cargo #container #miami
Support What's Going on With Shipping via:
Patreon: www.patreon.com/wgowshipping
Twitter: @mercoglianos
Facebook: @What is Going on With Shipping?
Email: mercoglianosal@gmail.com
1. Supply Chain Slow Downs
Record Chinese covid cases spark concern
Korean Unions Schedule Unified December Strike at Hyundai’s Shipyards
Trucking strike in South Korea hits major industries
Deadlock Deepens At Adani’s South India Port As Protesters Block Trucks
Divided U.S. Rail Unions Raise Specter of Strike
2. Maersk vs Federal Maritime Commission
Maersk ‘Test Case’ Could Shift Container Shipping’s Balance of Power
3. Russian Price Cap on Hold?
Russia’s Tanker Fleet Too Small to Bypass Oil Price Cap
Putin Touts Russia’s ‘Arctic power’ with Launch of Nuclear Icebreakers
4. Marine Insurance
Underwriters of the United States: How Insurance Shaped the American Founding
Fires, Inflation and Climate Change: Global Trends to Watch in Marine Insurance
5. Port of Miami
Los Angeles imports keep sinking as East Coast gains more ground
Gulf Coast ports continued to see rising volumes in October
CMA CGM Containership Sets Record as Miami’s Largest to Date
The numbers behind MSC’s extraordinary fleet growth
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