How Global Shippers Are Dealing With a Worsening Red Sea Crisis
Odd Lots1 Feb 2024

How Global Shippers Are Dealing With a Worsening Red Sea Crisis

Attacks on ships in the Red Sea continue to escalate. What started with narrow strikes by Yemeni-based Houthi militants against Israel-linked vessels has now expanded to ships carrying a wide range of freight, including oil and liquified natural gas. The US military has responded with strikes against Houthi targets, but so far they don't appear to have much of a deterring effect. Meanwhile shipping delays and costs — driven in part by anxious insurers — continue to worsen. To understand the challenge to global trade and how bad it could get, we speak with maritime historian Sal Mercogliano, a professor at Campbell University and the host of the What Is Going On With Shipping? show on YouTube. He discusses how shipping companies are making operational decisions in the area, how boat crews are coping, and how various international militaries are responding. He also talks about the broad history of the US Navy and its traditional role in securing international trading routes.

See omnystudio.com/listener for privacy information.

Avsnitt(1194)

James Bosworth on the "Orange Wave" Happening Across Latin America

James Bosworth on the "Orange Wave" Happening Across Latin America

We're living in an extraordinary moment for Latin American politics. From the ousting of Maduro to the ongoing oil blockade of Cuba to Javier Milei revving up a chainsaw at CPAC. Various leaders in di...

24 Apr 50min

Google's Liz Reid on Who Will Own Search in a World of AI

Google's Liz Reid on Who Will Own Search in a World of AI

Not too long ago, search engines were the dominant form of querying the internet. But that's changing since the rise of large language models like ChatGPT, Claude, and Google's Gemini. More and more p...

23 Apr 51min

Daniel Yergin Sees a 'Different World' Emerging After the Hormuz Crisis

Daniel Yergin Sees a 'Different World' Emerging After the Hormuz Crisis

When it comes to the history of oil and energy, nobody is more famous or well respected than Daniel Yergin. He is the Vice Chairman of S&P Global, and the Pulitzer Prize winning author of both The Pri...

22 Apr 45min

Brad Jacobs on His Big Bet on Building Insulation

Brad Jacobs on His Big Bet on Building Insulation

He's done it again. On Sunday night, building supply company QXO announced that it would be acquiring TopBuild for $17 billion. TopBuild sells and installs insulation for both the residential and comm...

21 Apr 40min

Jack McClendon on Why It's So Hard to Create a New American Oil Boom

Jack McClendon on Why It's So Hard to Create a New American Oil Boom

The White House wants gasoline prices to be lower, and it wants to see American oil companies drill for more oil. But of course, these ideas are in tension. If prices are going lower, why drill more? ...

20 Apr 46min

Alex Imas on Why Economists Might Be Getting AI Wrong

Alex Imas on Why Economists Might Be Getting AI Wrong

Everyone knows that new technologies can be really disruptive to the labor market, but eventually new jobs emerge and things come back into balance. And there is a sense in which many view AI with the...

18 Apr 47min

Planet Money Turned Everyday Annoyances Into an Economics Book

Planet Money Turned Everyday Annoyances Into an Economics Book

There are a lot of things to be annoyed about in modern life. The high cost of food and housing and childcare. Dating apps that don't seem to work. The fear of AI replacing you at your job. These are ...

17 Apr 39min

Brad Setser on the War in Iran and the Future of the US Dollar

Brad Setser on the War in Iran and the Future of the US Dollar

It's possible that the war in Iran could reshape financial flows in significant ways. Perhaps the Gulf states will end up as less desirable places to do business. Perhaps Iran will have a tollbooth at...

16 Apr 51min

Populärt inom Business & ekonomi

framgangspodden
varvet
rss-jossan-nina
rss-svart-marknad
svd-tech-brief
badfluence
rss-borsens-finest
uppgang-och-fall
avanzapodden
bathina-en-podcast
fill-or-kill
tabberaset
24fragor
rss-kort-lang-analyspodden-fran-di
rss-dagen-med-di
lastbilspodden
kapitalet-en-podd-om-ekonomi
borsmorgon
rss-inga-dumma-fragor-om-pengar
rss-veckans-trade