The Dali Settlement in Baltimore, The "Golden Fleet," and a 1,500ft Tsunami: Top 5 Maritime Stories

In this episode of "What the Ship," Sal Mercogliano dives into the top five maritime stories shaping the industry this week. From massive legal settlements in Baltimore to the unveiling of a new US Navy shipbuilding plan and a "near miss" mega-tsunami in Alaska, we’re stepping back to look at the big picture of global shipping. Contact 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 1. Updates: Dali, Hantavirus, Seafarers in the Persian Gulf, MSC Baltic III, Arctic Metagaz & Ursa Major Record $2.25 Billion Settlement Reached in Baltimore Key Bridge Collapse Case https://gcaptain.com/record-2-25-bill... Planes With Hantavirus Cruise Passengers Land in the Netherlands; Hospital Quarantines 12 https://gcaptain.com/planes-with-hant... Strait of Hormuz: vessels are stuck, but seafarers are not https://www.lloydslist.com/LL1157167/... MSC Baltic III to be Cut Into Sections and Pulled Ashore for Recycling https://maritime-executive.com/articl... Stricken Russian LNG Tanker ‘Arctic Metagaz’ Anchored Off Libya After Two-Month Odyssey, Future Uncertain https://gcaptain.com/stricken-russian... Russian ship that sank near Spain in 2024 may have carried nuclear reactor parts https://apnews.com/article/russian-sh... 14:20 2. Global Container Rates & Supply Chain Container Spot Rates Surge as Carriers Layer Surcharges Ahead of Early Peak Season https://gcaptain.com/container-spot-r... World Container Index - 14 May https://www.drewry.co.uk/supply-chain... Hapag-Lloyd Swings to Loss as Strait of Hormuz Chaos and Weather Delays Hit Shipping https://gcaptain.com/hapag-lloyd-swin... Port of Los Angeles Chief Says Shipping Won’t Normalize Without Lasting Hormuz Stability https://gcaptain.com/port-of-los-ange... Supply-Chain Stress That Peaked in Covid Heads Higher Again https://gcaptain.com/supply-chain-str... OOCL Appeals $45 Million FMC Judgment in High-Stakes Pandemic Shipping Case https://gcaptain.com/oocl-appeals-45-... 23:53 3. U.S. Navy's 30-Year Shipbuilding Plan U.S. Navy Unveils $65.8 Billion Shipbuilding Push to Launch Trump’s ‘Golden Fleet’ https://gcaptain.com/u-s-navy-unveils... Davie Defense Finalizes $3.5 Billion U.S. Coast Guard Arctic Security Cutter Deal https://gcaptain.com/davie-finalizes-... Trump Administration Launches Nuclear-Powered Shipping Push to Revive U.S. Maritime Industry https://gcaptain.com/trump-administra... Senators Urge Trump to ‘Stand Strong’ on China Shipbuilding Ahead of Xi Summit https://gcaptain.com/senators-urge-tr... 33:45 4. Alaskan Tsunami and Arctic Operations Alaska Mega-Tsunami Raises Alarm for Cruise Ships in Glacier Fjords https://gcaptain.com/alaska-mega-tsun... Historic Cold Pushed U.S. Coast Guard Icebreaking Fleet to the Limit in 2026 https://gcaptain.com/historic-cold-pu... 37:50 5. Russian and US LNG Europe Swaps Russian Gas Dependence for U.S. LNG Reliance as Middle East Turmoil Tightens Squeeze https://gcaptain.com/europe-swaps-rus... EU Russian Arctic LNG Imports Hit $4.4bn Record Despite Sanctions Measures https://gcaptain.com/eu-russian-arcti... U.S. is Set to Become Europe's Largest Gas Supplier, Overtaking Norway https://maritime-executive.com/articl... Iranian Oil Afloat is Keeping China Well Buffered https://maritime-executive.com/editor... 43:39 Conclusion