What the Ship (Ep 131) | Tariffs | IMO Net-Zero | Russia Arctic | Spot Rates | Outlaw Sea 2.0

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What the Ship (Ep 131) | Updates | Trump Tariffs and Global Trade | IMO Net-Zero Initiative | Russia LNG Exports | Container Spot Rates Falling | Are We Living the Outlaw Sea 2.0? September 28, 2025 In this episode, Sal Mercogliano — a maritime historian at Campbell University (@campbelledu) and former merchant mariner — discusses the top Maritime Stories as of September 28, 2025. #supplychain #tariffs #trade #imports #exports #imo #netzero #greenhouse #emissions #russia #arctic #lng #container #containerships #spotrates #Gaza #houthis #venezuela #southchinasea #RedSea #baltic #cabledrag Support What's Going on With Shipping via: Patreon: www.patreon.com/wgowshipping Twitter: @mercoglianos Bluesky: @mercoglianos.bsky.social Facebook: @wgowshipping Email: [email protected] 00:00 Introduction & Update Unified Command Completes Salvage Operations for Pier G Container Incident https://polb.com/port-info/news-and-press/unified-command-completes-salvage-operations-for-pier-g-container-incident-09-26-2025/ Mexican naval ship that fatally smashed into Brooklyn Bridge leaves for ‘sea trial’ to test repairs https://nypost.com/2025/09/18/us-news/mexican-naval-ship-that-smashed-into-brooklyn-bridge-is-on-sea-trial/ Two Salvage Vessels Arrive in Canadian Arctic to Begin Refloating of Grounded ‘Thamesborg’ https://gcaptain.com/two-salvage-vessels-arrive-in-canadian-arctic-to-begin-refloating-of-grounded-thamesborg/ Video of Third Boat Strike Released, Maduro's Offer to Talk Revealed https://www.marinelink.com/news/video-third-boat-strike-released-maduros-530253 The Ultimate Stealth Ship https://cimsec.org/ultimate-stealth-ship/ 07:01 1. Counting the costs of Trump’s tariffs to global growth and trade https://www.lloydslist.com/LL1154909/Counting-the-costs-of-Trump%E2%80%99s-tariffs-to-global-growth-and-trade Dry bulk entering fourth quarter with firm rate momentum https://www.lloydslist.com/LL1154949/Dry-bulk-entering-fourth-quarter-with-firm-rate-momentum USDA: Grain Transportation Report https://www.ams.usda.gov/services/transportation-analysis/gtr 11:17 2. ABS Chief Calls for IMO to Reconsider Net Zero Framework for Shipping https://gcaptain.com/abs-chief-calls-for-imo-to-reconsider-net-zero-framework-for-shipping/ Major Shipping Firms Warns Net Zero Plan Could Cost Over $300 Billion by 2035 https://gcaptain.com/major-shipping-firms-warns-net-zero-plan-could-cost-over-300-billion-by-2035/ Port Industry Warns of ‘Disaster’ if IMO Net Zero Framework Fails October Vote https://gcaptain.com/port-industry-warns-of-disaster-if-imo-net-zero-framework-fails-october-vote/ 16:17 3. Russia Opens New Production Line at Sanctioned Arctic LNG 2 as First Carrier Loads Cargo https://gcaptain.com/russia-opens-new-production-line-at-sanctioned-arctic-lng-2-as-first-carrier-loads-cargo/ The last thing shipping needs is a shadow fleet 2.0 https://www.lloydslist.com/LL1154943/The-last-thing-shipping-needs-is-a-shadow-fleet-20 21:51 4. The rise and fall of container spot rates — and what it means for 2026 https://www.lloydslist.com/LL1154942/The-rise-and-fall-of-container-spot-rates--and-what-it-means-for-2026 BIMCO warns of turbulence as liner overcapacity looms large https://www.lloydslist.com/LL1154918/BIMCO-warns-of-turbulence-as-liner-overcapacity-looms-large 25:04 5. Smoke spotted from gas tanker off Yemen amid reports of drone strikes in Houthi ports https://www.lloydslist.com/LL1154944/Smoke-spotted-from-gas-tanker-off-Yemen-amid-reports-of-drone-strikes-in-Houthi-ports Gaza Flotilla Sails Again; Italy’s Tajani Warns Of Danger https://gcaptain.com/gaza-flotilla-sails-again-italys-tajani-warns-of-danger/ US forces strike third alleged drug vessel killing three, Trump says https://www.bbc.com/news/articles/crme4pv224wo