What the Ship is Going on In the Red Sea and With Global Shipping (Ep 96)
What the Ship is Going on in the Red Sea and with Global Shipping (Ep96) | Updated on Houthi Attacks | Situation in and around the Red Sea, Bab el-Mandeb & Gulf of Aden | Diversion of Shipping | Suez & Panama Canals | Shipping Costs | What Other Issues?
What's Going on With Shipping?
Dec 23, 2023
In this episode, Sal Mercogliano - maritime historian @campbelledu - discusses the Top 5 Maritime Stories as of Dec 23, 2023, relating to the situation in the Red Sea, Bab el-Mandeb, and Gulf of Aden due to Houthi attacks on shipping.
#houthi #redsea #shipping #supplychain #babelmandeb #redsea #suezcanal #tankers #bulkers #containerships #chokepoints
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00:00 Global Shipping Picture
Marine Traffic
www.marinetraffic.com
06:38 1. Houthi Attacks Update
Israeli-Linked Ship Struck By Drone in Arabian Sea
https://gcaptain.com/israeli-l....inked-ship-struck-by
White House Accuses Iran of Helping Houthi Target Ships
https://gcaptain.com/white-hou....se-accuses-iran-of-h
Red Sea security in limbo as shipping awaits detail of naval operations
https://www.lloydslist.com/LL1....147675/Red-Sea-secur
Spain, Italy, France Decline US Command Of Red Sea Operation Prosperity Guardian
https://gcaptain.com/spain-ita....ly-france-decline-us
French Navy Escorts CMA CGM Ships While US Ships Remain Stranded
https://gcaptain.com/french-na....vy-quits-operation-p
US-led forces in Red Sea will be defensive ‘highway patrol’
https://www.freightwaves.com/n....ews/us-led-forces-in
Shipping’s protectors face ‘exquisite dilemma’ in the Red Sea
https://www.lloydslist.com/LL1....147678/Shippings-pro
18:23 2. Diversions
Carriers still sending ships via Suez
https://container-news.com/car....riers-still-sending-
Red Sea Ripples: Prolonged Voyages, Soaring Fuel Costs, and Escalating Carbon Emissions Concerns
https://gcaptain.com/red-sea-r....ipples-prolonged-voy
Extended Detours: Maersk Reroutes Services Around Cape of Good Hope
https://gcaptain.com/extended-....detours-maersk-rerou
24:22 3. Suez and Panama Canals
How Houthi attacks in the Red Sea impact shipping in the Suez Canal
https://www.reuters.com/market....s/commodities/how-ar
Panama Canal transits plunge as larger ships are turned away
https://www.freightwaves.com/n....ews/panama-canal-tra
Panama Canal to increase daily transits to 24 starting in January
https://pancanal.com/en/panama....-canal-to-increase-d
CMA CGM announces new Panama Canal surcharges
https://container-news.com/cma....-cgm-announces-new-p
November 2023 The McCown Report
https://capitallinkshipping.co....m/wp-content/uploads
33:11 4. What Are the Cost of Diversions?
Red Sea fallout much greater for containers than tankers, bulkers
https://www.freightwaves.com/n....ews/red-sea-fallout-
Red Sea war risk rates ‘still rising’ after doubling in past week
https://www.lloydslist.com/LL1....147660/Red-Sea-war-r
Shipping Lines Impose Surcharges as Red Sea Attack Hit Global Trade
https://gcaptain.com/shipping-....lines-impose-surchar
Higher Freight Rates to Offset Costs from Red Sea Diversions -Fitch
https://gcaptain.com/higher-fr....eight-rates-to-offse
Carriers are 'price gouging', claim shippers as FAK rates skyrocket
https://theloadstar.com/carrie....rs-are-price-gouging
Red Sea crisis: Markets spike, consumers will pay the price
https://container-news.com/red....-sea-crisis-markets-
Box ship owners may benefit from Red Sea and Suez diversions
https://theloadstar.com/box-sh....ip-owners-may-benefi
39:24 5. Other Issues
Empty boxes will be stuck in all the wrong places for new year peak
https://theloadstar.com/empty-....boxes-will-be-stuck-
African Ports Overwhelmed By Red Sea Reroutings
https://gcaptain.com/african-p....orts-overwhelmed-by-
Cargo owners consider airfreight alternative to Red Sea shipping delays
https://www.freightwaves.com/n....ews/cargo-owners-con
45:32 Conclusion
