[Plugin: MediaElement.js – HTML5 Video & Audio Player] Possible to embed a Shoutcast live stream

I am using a flash solution on my blog to embed a shoutcast stream but but i want to be able to make it work without flash or at least have a fallback solution since Ipads and Iphones can´t listen to the flash stream.

Is there any workaround , whitch code do i need to embed into a footer widget for e.g., i have mediaelements installed so far.

Thanks

http://wordpress.org/extend/plugins/media-element-html5-video-and-audio-player/