Jun 5, 2026 What's Going on With Shipping - Maritime Industry Today
In this episode of What's Going on With Shipping, Sal Mercogliano breaks down a recent Congressional hearing on the future of the U.S. maritime industry.
In this episode of What's Going on With Shipping, Sal Mercogliano breaks down a recent Congressional hearing on the future of the U.S. maritime industry.
The discussion centers on the FY 2027 budget requests from the Maritime Administration (MARAD) and the Federal Maritime Commission (FMC), as well as the implementation of the "Maritime Action Plan."
- The video examines the opening statements from MARAD Administrator Captain Steve Carmel and FMC Chairperson Laura DiBella, highlighting critical gaps in the current strategy—specifically the controversial and "batshit crazy" process for approving Jones Act waivers.
- Patreon: www.patreon.com/wgowshipping
- Twitter: @mercoglianos
- Bluesky: @mercoglianos.bsky.social
- Facebook: @wgowshipping Email: mercoglianosal@gmail.com
00:00 – Introduction: The Congressional Hearing on U.S. Maritime
01:12 – MARAD vs. FMC: Roles and Responsibilities
03:00 – Captain Steve Carmel’s Opening Statement & The Maritime Action Plan
04:30 – The Tanker Security Program & Logistics at Sea
08:12 – The "Cargo Mantra": Why Ships Without Cargo are Useless
10:53 – The Ready Reserve Force (RRF) and the Mariner Shortage
16:42 – Subsea Cables and Strategic Vulnerabilities
17:49 – The Future: Small Modular Reactors (SMRs) on Ships
21:43 – FMC Chairperson Laura DiBello's Statement & Enforcement
26:18 – Dark Fleets, Chokepoints, and Container Surges
30:32 – The "Batshit Crazy" Jones Act Waiver Process
39:41 – Sal’s Take: How to Actually Fix the System
41:24 – Wrap-up and a Note on Shirt Sizes!


No comments:
Post a Comment