Sal Mercogliano
speaker
160 appearances
1 recordings
1 series
first heard Sep 2026
last heard 8 Sep
Sal Mercogliano’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Sep 2026 with 1.
Appearances
So we're doing damage to the fleet so that in any future conflict, we may not have the number of ships available to put into the field that we currently have.
Well, this impacts everything.
You're talking about the fuel to move ships around the world.
Prior to the war, fuel cost was about $550 a ton.
To put that into context, a a ship burns maybe about a hundred tons of fuel a day.
All of a sudden, when the war started, fuel costs absolutely spiked.
We talked about anywhere from double to sometimes triple the amount of fuel because a lot of fuel oil, the bunker fuel needed for the
ships was coming out of the Middle East.
Also
One of the key fueling points was the Middle East, and now ships weren't going there.
Now, what we've seen is fuel costs have come down, but they still remain high, anywhere from about $800 to $900 a ton.
But what the reports we're getting from places like Singapore and other major fueling hubs is that they're running low on bunker fuel.
This impacts everything.
We're talking about container ships, car carriers, bulk carriers.
What we're seeing is the cost to move goods around the entire planet is increasing because of the fuel cost.
Much like you're seeing diesel and gasoline being more expensive at the pump, we're seeing that on a global scale at these massive bunkering hubs, but more importantly, the tanks are getting low.
And that's going to be a critical issue if all of a sudden we start running out of the ability to fuel ships.
Well, we're kind of seeing it in that, like, for example, the container carriers are consolidating.
They're they're kind of canceling uh uh voyages, they're putting ship you know, loads together on ships, which means you're gonna start slowing down the global supply chain.
You're consolidating using the much larger ships to move goods around.
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