739: Matthew Campbell | Examining Global Shipping’s Grim Underbelly
The Jordan Harbinger Show
Jordan Harbinger
4.8 • 12.3K Ratings
🗓️ 17 October 2022
⏱️ 84 minutes
🧾️ Download transcript
Summary
Matthew Campbell (@MattCampbell) is an award-winning reporter and editor for Bloomberg Businessweek magazine and the co-author, with Kit Chellel, of Dead in the Water: A True Story of Hijacking, Murder, and a Global Maritime Conspiracy.
What We Discuss with Matthew Campbell:- The International Chamber of Shipping estimates about 90 percent of world trade is carried by the international shipping industry to the tune of around $14 trillion (about 2/3rds of the US GDP) per year.
- Piracy persists in places along these lucrative shipping lines because people who have nothing to lose are willing to risk their lives for potentially big payouts.
- Why insurance surveyor David Mockett didn't quite buy the story that Somali pirates had attacked oil tanker Brillante Virtuoso when he investigated the site — and how it led to his murder.
- Insurance fraud is one of the world's oldest rackets, with instances documented as far back as ancient Greece.
- Why rogue ship owners will fly "flags of convenience" — flags of countries with fewer regulations than the ones from which their ships are actually owned.
- And much more...
Full show notes and resources can be found here: jordanharbinger.com/739
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Transcript
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| 0:00.0 | Coming up next on the Jordan Harbinger Show. |
| 0:03.4 | Shipping has no real overarching global regulation in the way that say the airline industry does. |
| 0:10.6 | And in those shadows all kinds of bad behavior can thrive. |
| 0:19.2 | Welcome to the show, I'm Jordan Harbinger. |
| 0:21.5 | On the Jordan Harbinger Show we decode the stories, secrets and skills of the world's most fascinating people. |
| 0:26.9 | We have in-depth conversations with scientists and entrepreneurs, spies and psychologists, |
| 0:31.7 | even the occasional organized crime figure, Russian spy or extreme athlete. |
| 0:37.0 | Each episode turns our guests wisdom into practical advice that you can use to build a deeper understanding of how the world works and become a better thinker. |
| 0:45.1 | If you're new to the show or you're looking for a handy way to tell your friends about it, |
| 0:48.3 | our episode starter packs are a great place to begin. |
| 0:50.8 | These are collections of our favorite episodes organized by topic. |
| 0:54.4 | The help new listeners get a taste of everything that we do here on the show, |
| 0:57.4 | topics like persuasion and influence, disinformation and cyber warfare, |
| 1:01.5 | negotiation and communication, crime and cults and more. |
| 1:05.2 | Just visit JordanHarbinger.com slash start or search for us in your Spotify app to get started. |
| 1:11.0 | Today an interesting look in an industry that plays a major role in our lives, |
| 1:15.4 | but that most of us never even get a glimpse of. We're talking about shipping. |
| 1:19.4 | But I'm not just talking about how things are sent in containers from China to the United States. |
| 1:23.2 | I mean, that might be a show on its own, but I wanted to really get into some of the dark side of things. |
| 1:28.3 | Surprise, surprise. |
| 1:29.4 | Today we're going to talk stolen oil, sanctions, busting, crime on the high seas, |
| 1:34.1 | as well as why ships have what appear to be totally random flags, |
... |
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