What the Ship! (Ep 49) LNG to Europe, Ukraine Grain, Containers, US Soybean & DOD Firefighters

What the Ship! (Episode 49) LNG to Europe, Ukraine Grain, Containers, US Soybean & DOD Firefighters

What's Going on With Shipping?
September 8, 2022

In this episode, Sal Mercogliano - maritime historian at Campbell University and former maritime historian - discusses the Top 5 Maritime News Stories as of September 8, 2022 and updates stories on HMS Prince of Wales, the bulker OS35 off Gibraltar, and the decision of the Solomon Islands to allow Australian and New Zealand naval vessels into their country. The first story looks at the importation of LNG into Europe and the Netherlands and Germany chartering Floating Storage Regasification Units (FSRU) to offload LNG tankers, along with the speculation of LNG cargo including some ships just drifting to await a spike in rates. Second, an update on the Ukraine grain deal and why Russia is having issues with it. Third, the current situation in US/Canadian ports regarding delays and the forecast by the National Retail Federation that imports will decline in the last five months of the year. Fourth, Iowa finds itself in competition against Brazil in the export of soybeans as the latter invests heavily in its infrastructure. Finally, with issues of firefighting in the Navy due to the Bonhomme Richard, the Department of Defense is facing a critical shortage of firefighters that put Navy lives at risk.

#LNG #Ukraine #supplychain #soybean #firefighting

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Twitter: @mercoglianos

00:00 Introduction and Updates
03:14 1. Importation of LNG into Europe
08:13 2. Ukraine/Russia Grain Deal
12:33 3. Supply-Chain Criris
16:49 4. US Soybean Exports
21:18 5. Department of Defense Needs Firefighters

1. 1st LNG Tanker Docks At New Dutch Floating Terminal
https://gcaptain.com/first-lng-tanker...

Germany Secures Gas Supply Via Floating LNG Units
https://gcaptain.com/germany-secures-...

Traders Hoard LNG At Sea Before EU’s Long Winter
https://gcaptain.com/traders-hoard-ln...

2. Ukraine Grain Ship Deal Faces Mountains Of Trouble
https://gcaptain.com/ukraine-grain-sh...

Ukraine Dispatches Its Biggest Grain Convoy Of U.N. Deal So Far
https://gcaptain.com/ukraine-dispatch...

Wheat Prices Drop After Ukraine Grain Ship Deal
https://gcaptain.com/wheat-prices-ukr...

Russia Says West Is Breaking IMO Grain Deal
https://gcaptain.com/russia-says-west...

Putin casts doubt over the longevity of the Black Sea Grain Initiative
https://splash247.com/putin-casts-dou...

3. Flexport: Freight Market Update: September 6, 2022
https://www.flexport.com/market-updat...

Retail Imports Growth Turns Negative as Fed Tries to Rein in Consumer Demand
https://gcaptain.com/retail-imports-g...

German Port Congestion, Supply Bottlenecks Weigh on Global Trade
https://gcaptain.com/german-port-cong...

4. US Port Delays Hit Soybean Farmers
https://gcaptain.com/us-port-delays-h...

Grain Is Gushing Out Of The Great Lakes This Year
https://gcaptain.com/grain-is-gushing...

5. US Firefighter Shortage Puts Navy Lives At Risk
https://gcaptain.com/firefighter-shor...

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