What the Ship! Weekly News on the Maritime Shipping Sector (Episode 47) August 24, 2022 In this episode, Sal Mercogliano - maritime historian at Campbell University and former merchant mariner - examines the five major stories in global shipping as of August 24, 2022. First, the strike at Felixstowe, United Kingdom will have a detrimental impact on not just the delivery of containers to England, but the transfer and movement of cargo to Europe and America. Second, the decline of piracy off the Somali coast marks the lowest level in 24 years. Yet, piracy still remains an issue off the west coast of Africa and in the Singapore Strait. Third, the restart of the grain trade out of Ukraine has provided a false sense of security when the greatest beneficiary of the agreement is Russia. Fourth, the drop in gas and diesel stocks in New York led to the chartering of two Jones Act tankers, but what is the true cost of using US-flagged vessels over foreign registry. Finally, the explosion of a load of containers in Jebel Ali last year has resulted in punishment for some of the crew, even though they have little to no control over the situation.