The Global Shipping Crisis Is Not Over | Sal Mercogliano
Use code JACK250 to get $250 off tickets to Blockworks Digital Asset Summit\nhttps://blockworks.co/events/digital-asset-summit-2022-new-york/\nUse code \u201cguidance\u201d to get 50% off Blockworks Research:\nhttps://blockworks.co/get-research/\n--\nIn today's episode of Forward Guidance, Jack Farley is joined by Dr. Sal Mercogliano, maritime historian and shipping expert, who discusses the current global shipping crisis and its trajectory for the future.\n--\nSubscribe to Sal Mercogliano's Youtube Channel: https://www.youtube.com/c/WhatisGoingonWithShippingwSalMercogliano\nFollow Sal Mercogliano on Twitter https://twitter.com/FedGuy12\nFollow Jack Farley on Twitter https://twitter.com/JackFarley96\n\nFollow Forward Guidance on Twitter https://twitter.com/ForwardGuidance\nFollow Blockworks on Twitter https://twitter.com/Blockworks_\n--\nGet top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/\n--\n(00:00) Introduction\n(01:09) Shipping As The Ultimate Driver Of Inflation\n(15:15) Consolidation In The Shipping Industry\n(22:11) Are There Enough Ships? (Answer: Yes)\n(23:38) Emission Reduction Goals In Shipping As A Headwind To New Supply\n(29:11) Liquified Natural Gas (LNG)\n(33:30) Learning From History\n(38:28) Recession's Impact on Shipping Rates\n(44:50) How Profitable Is Shipping Now?\n(47:11) Non-Owner Operators\n(52:26) Cruise Lines\n(1:00:50) Futures On Freight Rates?\n(1:03:08) Individual Stocks\n--\nDisclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.