Shipping Man Junior 💹🧲

@KrysiaJ I am still curious how all the timezone differences will be handled considering so many left. Ishi biladi at 5 am for us will be quite a shock to the neighbors!

Parents aren’t though 🙄🙈

Day 101 of DCA'ing into #SPX6900.

calming down bro who fomo bought into Silver at $120 this year and now it’s $68

People always underestimating the UAE

@mercoglianos @TrentTelenko Is that what you were asking? It seemed you were questioning why a foreign tanker was fixed at, what seems like, a higher rate than a JA tanker. Missed your question on "why are these lifts happening" in your post, still don't see it.

@ShippingManJr @TrentTelenko You should be asking the question is why are these lifts happening because last I looked there was no gas shortage in Florida or Hawaii.

Wait a minute. A Panamanian-flagged ship is going to charge $6.74/barrel when a Jones Act tanker is charging $3.70/bbls. I thought this was going to save money?

@loopb25 @MustStopMurad Forever 🙏💹🧲

@ShippingManJr @MustStopMurad Persist forever

Day 100 of DCA'ing into #SPX6900. 100 days of being part of a wholesome community with the best sense of humour, strong work ethics & lots of love. Persist Forever 💹🧲

@SHayward162411 Forever 🙏💹🧲

@ShippingManJr Persist forever dca legend 🫶

@cryptonut100 Thank you 🙏💹🧲

@ShippingManJr Incredible milestone Aeon, congratulations 🥂

Crew who are stuck in Arabian Gulf and/or crossing Strait of Hormuz are being given the option to disembark & go home (thanks to UAE flights working pretty reliably) or stay & earn up to 3x wages as bonus (i.e. get paid 4 months' wages for every 1 month of work). #oott

Saudi Arabia's Foreign Minister Prince Faisal bin Farhan Al Saud slams Iran: I do not understand how they claim to defend Islamic causes while attacking Islamic countries. They are not attacking just one nation—Saudi Arabia, Bahrain, Kuwait, Qatar, the UAE, Oman, Lebanon, Jordan, Iraq, Türkiye—all are Islamic countries, and all have been targeted. Even before this war, what was Iran’s contribution to the Islamic world? They supported the Houthi militia in Yemen. They supported militias in Iraq—and now they are attacking Iraqi territory. They have interfered in Lebanon through Hezbollah, not only hijacking political decision-making but also carrying out destabilizing actions across the region, including in Saudi Arabia. One of the clearest examples is Iran and Hezbollah’s role in Syria. So where is this so-called support for the Muslim world when such actions are taking place? How can they claim to support Islamic causes while backing regimes that oppress their own people, assassinating political figures in Lebanon, and empowering militias that hinder development in Iraq? I do not see any real support for Islamic causes. These are merely slogans used as cover. In reality, these tools are used to serve Iranian interests—not the principles they claim to defend.

@Moses_BJJ @johnkonrad Currently crews are being paid 4x their normal wages for being in the Arabian Gulf and/or crossing.

@johnkonrad This assumes that the crews of these boats are willing to risk their lives by transiting the Strait even as a direct threat of drone, missile, naval drone, etc exists. The US navy has not demonstrated any ability to actually protect shipping with anything close to certainty

Let's unpack this.. What if the White House has no intention of reopening the Strait of Hormuz? What if this war is really about ships & tariffs? I had a long discussion with senior DOE official yesterday on background. I can’t share any details but it’s clear everyone’s Strait of Hormuz calculus is wrong. We need to go back to the drawing boards. That's it. That's the tweet. Now a hypothetical 🧵 with my personal thoughts.

If you read such articles expecting the truth, you have a lot of growing up to do.

@XximmigrantxX @FreightAlley Need to accelerate that global warming stuff!

@FreightAlley It's going to be a cold winter.

There goes the Dubai miracle

Trucking is always a leading indicator. People are so convinced that spiking oil is going to collapse the US economy, without realing that oil prices were much higher 3 years ago.

@MaritimePro My body raises concerns about the tarte flambée I ate earlier. The world shouldn’t care about my body’s concerns just as they shouldn’t care about these “industry bodies’” concerns. PS forgot to link the article: marinelink.com/news/industry-…

Industry Bodies Raise Concerns about Jones Act Waiver

@birdseye88 It would cry because I’m too much of a coward to go balls deep into my high conviction single stock/sector investments (which despite their small size have driven most of my gains). But hey, I get to virtue-signal that I’m a longterm boglehead investor! Who needs money anyway?

Imagine this suddenly hitting 5,200 before you can blink. How would your portfolio do?

Average Twitter user who has never been to Dubai explaining why Dubai is dead

@cpgrabow @mercoglianos You’re right. Waiver doesn’t help solve the JA issues, only a repeal does. It only demos some normal market economics (which we already knew but JA-philes insisted on denying). Limited consumer price effect normal considering shipping is *always* cheap way to ship cheap stuff.

@mercoglianos It’s going to be egg all over my face! And I’ve never advocated for a temporary 60 day waiver—I’ve advocated for the law’s repeal. Surprised you didn’t know given how closely you follow my work.

Lots of pro-Jones Act types are out insisting the waiver is unneeded because a) there is no JA vessel shortage and b) foreign shipping offers no cost advantage. If true, they should welcome the waiver. Will go unused and be egg on the faces of JA critics.