What the Ship (Ep 113)| US Maritime Revival vs China Dominance | Russia Claims on Ursa Major Sinking & Rescue, plus Eagle S Seizure | Seafarer Abandonment | Tanker Sector | Container Sector and US ILA Labor Strike
December 29, 2024
In this episode, Sal Mercogliano—a maritime historian at Campbell University (@campbelledu) and former merchant mariner — reviews the top 5 maritime stories as of December 29, 2024.
#supplychain #china #SHIPSAct #Russia #ursamajor #eagles #finland #baltic #seafarer #tankers #containers
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00:00 Introduction
00:54 1. Fear That China Rules the Waves Jolts U.S. to Pursue Maritime Revival
https://www.wsj.com/politics/national-security/fear-that-china-rules-the-waves-jolts-u-s-to-pursue-maritime-revival-2c4bd8ab
06:14 2. Norwegian Shipping Company Denies Russia’s Claim it Refused to Help Sinking Ship
https://gcaptain.com/norwegian-shipping-company-denies-russias-claim-it-refused-to-help-sinking-ship/
Official report on the emergency with the vessel Ursa Major
https://obl.ru/en/news/1508/
15:37 Seafarers left to rot along with their abandoned ships
https://www.thetimes.com/article/98e53b4b-29c9-4a2b-9057-d72600071e04?msockid=269a6493d6ab6f033eea70fcd7876ee0
19:44 Asia fuel oil prices capped in early 2025 but supply risks loom
https://www.reuters.com/business/energy/asia-fuel-oil-prices-capped-early-2025-supply-risks-loom-2024-12-18/
23:04 Shanghai Becomes First Port to Handle Over 50 Million TEUs
https://gcaptain.com/shanghai-becomes-first-port-to-handle-over-50-million-teus/
27:46 Analysis