739: Matthew Campbell | Examining Global Shipping’s Grim Underbelly

739: Matthew Campbell | Examining Global Shipping’s Grim Underbelly

By Jordan Harbinger

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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Did you hear our conversation with Paul Holes, the former investigator known for his contributions to solving the Golden State Killer case using advanced methods of identification with DNA and genealogy technology? Catch up with episode 725: Paul Holes | Solving America’s Cold Cases here!

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