John Konrad and Sal Mercogliano discuss the maritime news of the week in this latest episode of gCaptain Weekly, recorded May 3, 2021. Topics include the red hot container and bulk shipping markets, recent accidents in maritime shipping, the plight of mariners amid the COVID-19 crisis, and the return of cruising. Check it out below:
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US revenue from customs duties this fiscal year surpassed $100 billion for the first time, reflecting higher tariffs imposed by the Trump administration.
Commercial ships still sailing through the Red Sea are broadcasting messages about their nationality and even religion on their public tracking systems to avoid being targeted by Yemen's Houthis after deadly attacks this week by the militia.
It seems the recent container freight spot rate rally on the Asia-North Europe trade might have come to an end, at least temporarily.
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