Russian Oil | Diesel & Gas Shortage | Container Lines | Port of LA | Updates on Past Stories What's Going on With Shipping? October 28, 2022 In this episode, Sal Mercogliano - maritime historian at Campbell University and former merchant mariner - discusses the top 5 maritime stories as of October 28, 2022. First, an update on previous stories on Germany diversifying the port of Hamburg, LNG tankers waiting to offload in Europe, the St. Lawrence experiencing low water and warnings that Globalization is over. Second, the issue of Russian oil is addressed as new sanctions prepare to come into force in early December and Russia's effort to establish a 'ghost fleet' to ship their oil. Third, the decline in stores of gasoline and diesel, calls to waive to the Jones Act, and what are the underlying factors. Fourth, a closer look at falling container rates, volume, and the layup of ships. Finally, what has happened to cargo on the West Coast and in particular the port of Los Angeles.