What the Ship (Ep139) | Tariff Decision | Shipping Stocks | Shipbuilding | False Flags | Containers
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In this episode we look at the top 5 maritime stories as of Feb. 21, 2026. These stories include the Supreme Court's decision to strike down President Trump's tariffs and the President's decision to implement a 10% global tariff in its place; shipping stocks, particularly those of crude oil tankers, reach yearly high; shipbuilding in Canada and the United States; IMO has reported 356 falsely flagged and stateless ships sailing on the high seas but with little discussion on how to address this problem; and finally a look at the container and containership market around the world. #tariff #supremecourt #shipping #supplychain #tanker #stock #shipbuilding #usnavy #imo #falseflag #container #containerships 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. Supreme Court Overturn Trump's Tariffs Trump Slaps 10% Global Tariff Using New Trade Law After Supreme Court Defeat https://gcaptain.com/trump-slaps-10-global-tariff-using-new-trade-law-after-supreme-court-defeat/ Supreme Court Strikes Down Trump’s Global Tariffs in 6–3 Ruling https://gcaptain.com/supreme-court-strikes-down-trumps-global-tariffs-in-6-3-ruling/ Supply Chains Brace for Renewed Turbulence as Supreme Court Strikes Down Trump Tariffs https://gcaptain.com/supply-chains-brace-for-renewed-turbulence-as-supreme-court-strikes-down-trump-tariffs/ Tariffs Caused Just Small China Trade Diversion, ECB Study Shows https://gcaptain.com/tariffs-caused-just-small-china-trade-diversion-ecb-study-shows/ The Global Shipping Resource Center https://www.descartes.com/resources/global-logistics-shipping-report-resource-center 07:33 2. Tanker Rates and Stocks are Spiking Surging Oil Tanker Rates Tipped to Go Even Higher on Iran Risk https://gcaptain.com/surging-oil-tanker-rates-tipped-to-go-even-higher-on-iran-risk/ A Huge Bet on Supertankers Reverberates Through the Oil Market https://gcaptain.com/a-huge-bet-on-supertankers-reverberates-through-the-oil-market/ China Snaps Up Distressed Russian Oil Cargoes Shunned by India https://gcaptain.com/china-snaps-up-distressed-russian-oil-cargoes-shunned-by-india/ Phillips 66, Citgo Move Toward Direct Venezuelan Crude Purchases https://gcaptain.com/phillips-66-citgo-move-toward-direct-venezuelan-crude-purchases/ Let the good times roll: Shipping stocks hit multiyear peak https://www.lloydslist.com/LL1156386/Let-the-good-times-roll-Shipping-stocks-hit-multiyear-peak U.S. Boards Shadow Fleet Tanker ‘Veronica III’ in Indian Ocean https://gcaptain.com/u-s-boards-shadow-fleet-tanker-veronica-iii-in-indian-ocean/ 14:40 3. Shipbuilding in North America Canada, South Korea Partner to Rebuild Great Lakes Shipbuilding and Train Submarine Workforce https://gcaptain.com/canada-south-korea-partner-to-rebuild-great-lakes-shipbuilding-and-train-submarine-workforce/ Canadian Shipyard Turns to AI Robotics to Automate One of Shipbuilding’s Toughest Jobs https://gcaptain.com/canadian-shipyard-turns-to-ai-robotics-to-automate-one-of-shipbuildings-toughest-jobs/ After Frigate Setbacks, Navy Turns to Commercial-Style Construction Manager for Medium Landing Ship Program https://gcaptain.com/after-frigate-setbacks-navy-turns-to-commercial-style-construction-manager-for-medium-landing-ship-program/ Austal USA Appoints its Fourth President in Five Years https://maritime-executive.com/article/austal-usa-appoints-its-fourth-president-in-five-years Mare Island Dry Dock Files Bankruptcy to Save, Reorganize Its Business https://maritime-executive.com/article/mare-island-dry-dock-files-bankruptcy-to-save-reorganize-its-business 25:23 4. Stateless Ships IMO counts 529 vessels flying false flags https://splash247.com/imo-counts-529-vessels-flying-false-flags/ European nations start to split on stateless vessel boardings https://www.lloydslist.com/LL1156405/European-nations-start-to-split-on-stateless-vessel-boardings New Zealand Slaps Sanctions on 100 Russian ‘Shadow Fleet’ Vessels https://gcaptain.com/new-zealand-slaps-sanctions-on-100-russian-shadow-fleet-vessels/ 32:05 5. Container Shipping Sixth Straight Week of Decline: Container Rates Fall as Pre-Lunar New Year Surge Fails to Materialize https://gcaptain.com/sixth-straight-week-of-decline-container-rates-fall-as-pre-lunar-new-year-surge-fails-to-materialize/ US Notches One of Its Biggest Annual Trade Gaps Since 1960 https://gcaptain.com/us-notches-one-of-its-biggest-annual-trade-gaps-since-1960/ Report: Israeli Regulator and Unions Threaten Sale of Zim to Hapag https://maritime-executive.com/article/report-israeli-regulator-and-unions-threaten-sale-of-zim-to-hapag Red Sea traffic slows under seasonal challenges and increased security risk https://www.lloydslist.com/LL1156375/Red-Sea-traffic-slows-under-seasonal-challenges-and-increased-security-risk
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