We’re On The Brink of A Global Shipping Crisis | Pirate Wires Podcast #29

EPISODE #29: Special Emergency Pod! Mike Solana is joined by Ryan Petersen, Founder & CEO of Flexport, a multi-national supply chain management & logistics company. In the past month, the Yemen led Houthi movement began attacking cargo ships in the Red Sea. These attacks were prompted by the continued conflict between Israel and Palestine as a retaliation against Israel's allies. The results has been a rerouting of ships around the Suez Canal, shipping delays, and dramatic price increases. Ryan helps us break down the entire situation and addresses the fears of how this could escalate into a regional war.

Featuring Mike Solana & Ryan Petersen

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Mike Twitter: https://twitter.com/micsolana

Ryan Twitter: https://twitter.com/typesfast

TIMESTAMPS:

0:00 - Welcome Ryan Petersen! CEO Of Flexport

2:00 - What Exactly Is Going On In The Red Sea and the Suez Canal?

6:45 - Houthi Movement Explained - Should U.S. Be Involved?

9:30 - The Role Of Private Shipping Businesses During Conflict

12:30 - The Panama Canal - Past Trade Disruptions

14:50 - Motivation For Houthi Attacks19:45 - Is The U.S. Still The Global Police? Should Other Countries Step Up?

21:30 - How Trade Routes Can Continue To Break Down - What If Both Canals Closed?

29:00 - Can This Be Solved With A Navy? Or Will It Require Ground Forces?

34:00 - Pete Buttegegi Claims Global Warming Is The Biggest Threat To Shipping. Wut.

37:40 - Thanks For Joining Us Ryan! Your Regular Scheduled Episode Will Drop On Friday - Like & Subscribe!