What the Ship (Episode 68) What's Going on With Shipping? February 12, 2023 In this episode, Sal Mercogliano - maritime historian at Campbell University (@campbelledu) and former merchant mariner - discusses the Top 5 Maritime News Stories as of February 12, 2023. First, the implementation of the Russian diesel price cap has caused charter rates for tankers to spike and the growth of the shadow fleet. Second, the delay in getting the LNG facility at Freeport, Texas, and China LNG demand raise concerns about US's ability to export LNG from new facilities. Third, the abandonment of seafarers is increasing worldwide. Fourth, continued labor issues on the West Coast are contributing to the shift of containers to the East Coast while profits fall for container lines. Finally, Korea is examining the potential for nuclear power for shipping.