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| Name | COVID-19 Delta, China Shutdown & the next Global Shipping Crisis? | What's Going on With Shipping? |
| Video Uploader | Video From What is Going on With Shipping? |
| Upload Date | This Video Uploaded At 06-08-2021 17:11:00 |
| Video Discription | On this episode of What's Going on With Shipping, Sal Mercogliano, Chair of the Department of History, Criminal Justice and Political Science at Campbell University, former merchant mariner, and instructor in Maritime History, Security and Industry Policy, looks at the impact of the Delta variant impact on Global Shipping. He first examines the shutdowns in the Far East and the affect this will have on ocean transportation. Next the global trade imbalance due to the inability to get exports out of the US and claims against the large container carriers; along with their "Shock" of such claims being leveled against them. The potential long-term impact this may have on the nation as it appears this may be going on until 2022 and China's development of new overland route to Europe to service the American market. The Shipping Crisis of 2021 - I HAVE THAT SINKING FEELING EDITION | What's Going on With Shipping? https://youtu.be/5HwrZ_D47og What's Going On With Shipping? THE CHRISTMAS IN MAY EDITION | Maritime Industry Today https://www.youtube.com/watch?v=M5woROp00yg&t=1130s COVID threatens Chinese exports as US struggles to restock inventories https://www.freightwaves.com/news/covid-threatens-chinese-exports-as-us-struggles-to-restock-inventories Shipping braces as China goes into lockdown mode https://splash247.com/shipping-braces-as-china-goes-into-lockdown-mode/ Vietnamese supply chain dislocation worsens https://splash247.com/vietnamese-supply-chain-dislocation-worsens/ Lockdowns in China and Vietnam see swathe of factory closures https://splash247.com/lockdowns-in-china-and-vietnam-see-swathe-of-factory-closures/ Typhoons Pose Latest Supply Chain Threat as China Ports Shut https://gcaptain.com/typhoons-pose-latest-supply-chain-threat-as-china-ports-shut/ Backlog remains in Shanghai in Typhoon In-fa’s wake https://container-news.com/backlog-remains-in-shanghai-in-typhoon-in-fas-wake/ American port congestion worsens https://splash247.com/american-port-congestion-worsens/ Forwarder Angst as Carriers Switch Vessels Onto The Best Paying Tradelanes https://theloadstar.com/forwarder-angst-as-carriers-switch-vessels-onto-the-best-paying-tradelanes/ Africa the big loser as global liner patterns shift to focus on more profitable east-west tradelanes https://splash247.com/africa-the-big-loser-as-global-liner-patterns-shift-to-focus-on-more-profitable-east-west-tradelanes/ US ports face peak-season ‘gridlock plus’ as anchorages fill https://www.freightwaves.com/news/us-ports-face-peak-season-gridlock-plus-as-anchorages-fill U.S. Trade Deficit Widened to Record in June https://gcaptain.com/u-s-trade-deficit-widened-to-record-in-june/ Cargo Surge Continues at Port of Long Beach https://gcaptain.com/cargo-surge-continues-at-port-of-long-beach/ China-U.S. Box Rates Sail Past $20,000 https://gcaptain.com/china-u-s-box-rates-sail-past-20000/ Xeneta: Container Rates Set New Records with Little Relief Ahead https://www.maritime-executive.com/article/xeneta-container-rates-set-new-records-with-little-relief-ahead In the eye of the congestion storm: Q&A with Port of LA’s Gene Seroka https://www.freightwaves.com/news/in-the-eye-of-the-congestion-storm-qa-with-port-of-las-gene-seroka Maersk Raises its 2021 Profit Forecast by Another $5 Billion https://www.maritime-executive.com/article/maersk-raises-its-profit-outlook-by-another-5-billion-for-2021 More Complaints Against Profiteering Carriers Expected as Shippers Costs Soar https://theloadstar.com/more-complaints-against-profiteering-carriers-expected-as-shippers-costs-soar/ FMC Responds to Shipper Complaints With Probe Into Shipping Surcharges https://theloadstar.com/fmc-responds-to-shipper-complaints-with-probe-into-shipping-surcharges/ MSC ‘Shocked’ By Shipper’s Anti-Trust Complaint https://gcaptain.com/msc-shocked-by-shippers-anti-trust-complaint/ FMC’s Maffei says capacity demand won’t recede ‘until late 2022’ https://www.freightwaves.com/news/fmcs-maffei-says-capacity-demand-wont-recede-until-late-2022 ‘Made in China’ products are running into new logistics problems https://www.cnbc.com/2021/08/04/shipping-made-in-china-products-run-into-new-logistics-problems.html Shipping snags prompt US firms to mull retreat from China https://apnews.com/article/joe-biden-business-health-coronavirus-pandemic-global-trade-a8992e7141013f0164d04476d637f0c5?utm_medium=AP&utm_campaign=SocialFlow&utm_source=Twitter OOCL becomes first carrier to launch a China – US east coast rail/sea service https://splash247.com/oocl-becomes-first-carrier-to-launch-a-china-us-east-coast-rail-sea-service/ Beware ‘nasty side effects’ if government targets ocean carriers https://www.freightwaves.com/news/beware-nasty-side-effects-if-government-targets-ocean-carriers |
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