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Supplychain 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 00:00 Introduction 00:50 1. Supply Chain Slow Downs 05:37 2. Maersk vs Federal Maritime Commission 10:45 3. Russian Price Cap on Hold? 16:34 4. Marine Insurance 23:45 5. Port of Miami Support What's Going on With Shipping via: Patreon: www.patreon.com/wgowshipping Twitter: @mercoglianos Facebook: @What is Going on With Shipping? Email: [email protected] 1. Supply Chain Slow Downs Record Chinese covid cases spark concern https://splash247.com/record-chinese-... Korean Unions Schedule Unified December Strike at Hyundai’s Shipyards https://www.maritime-executive.com/ar... Trucking strike in South Korea hits major industries https://splash247.com/global-supply-c... Deadlock Deepens At Adani’s South India Port As Protesters Block Trucks https://gcaptain.com/deadlock-deepens... Divided U.S. Rail Unions Raise Specter of Strike https://gcaptain.com/divided-u-s-rail... 2. Maersk vs Federal Maritime Commission Maersk ‘Test Case’ Could Shift Container Shipping’s Balance of Power https://gcaptain.com/maersk-test-case... 3. Russian Price Cap on Hold? https://gcaptain.com/price-cap-halt-p... Russia’s Tanker Fleet Too Small to Bypass Oil Price Cap https://gcaptain.com/russias-tanker-f... Putin Touts Russia’s ‘Arctic power’ with Launch of Nuclear Icebreakers https://gcaptain.com/putin-touts-russ... 4. Marine Insurance Underwriters of the United States: How Insurance Shaped the American Founding https://uncpress.org/book/97814696636... Fires, Inflation and Climate Change: Global Trends to Watch in Marine Insurance https://gcaptain.com/fires-inflation-... 5. Port of Miami Los Angeles imports keep sinking as East Coast gains more ground https://www.freightwaves.com/news/los... Gulf Coast ports continued to see rising volumes in October https://www.freightwaves.com/news/gul... CMA CGM Containership Sets Record as Miami’s Largest to Date https://www.maritime-executive.com/ar... The numbers behind MSC’s extraordinary fleet growth https://splash247.com/the-numbers-beh...