February 1, 2024· 49 min

How Global Shippers Are Dealing With a Worsening Red Sea Crisis

Sal Mercogliano

Orality

Model

83%

Oral-dominant (speeches, podcasts, storytelling)

Speaker Breakdown

HostJoe Weisenthal(1,565 words)

M:28%

HostTracy Alloway(1,167 words)

M:28%

GuestSal Mercogliano(6,129 words)

M:27%

Oral Indicators

Agonistic33%

obviously, very, massive

Engagement61%

you, our, your

Memory Aids100%

listen, now, so

Repetition100%

they (76x), know (54x), what (54x)

Parallelism97%

And I'm Tracy Alloway...., So when we say a chunk of glob..., And we've all seen, I guess, t...

Sound Patterns48%

46 question(s), alliteration: "markets move", alliteration: "barclays brief"

Formulaic Phrases4%

you know what, i mean

Literate Indicators

Hedging6%

perhaps, maybe, fairly

Passive Voice10%

been affected, being rerouted, be stopped

Abstract Nouns20%

investment, disruption, solution

Subordination9%

because, since, while

Sentence Length43%

Avg: 15.6 words/sentence

Word Complexity46%

investment, analyze, anticipate

Academic Markers0%

Impersonal Style39%

589 personal pronouns found

Descriptive Style79%

briefly, incredibly, actually

Description

Attacks on ships in the Red Sea continue to escalate. What started with narrow strikes by Yemeni-based Houthi militants against Israel-linked vessels has now expanded to ships carrying a wide range of freight, including oil and liquified natural gas. The US military has responded with strikes against Houthi targets, but so far they don't appear to have much of a deterring effect. Meanwhile shipping delays and costs — driven in part by anxious insurers — continue to worsen. To understand the challenge to global trade and how bad it could get, we speak with maritime historian Sal Mercogliano, a professor at Campbell University and the host of the What Is Going On With Shipping? show on YouTube. He discusses how shipping companies are making operational decisions in the area, how boat crews are coping, and how various international militaries are responding. He also talks about the broad history of the US Navy and its traditional role in securing international trading routes. See omnystudio.com/listener for privacy information.

← Mark Cabana on the Fed, QT and Treasury ...Lots More on Why Farmers Across Europe A... →