TradeWinds Wavelength - a weekly shipping news show

In this week's episode:

A fragile ceasefire in the Middle East does not mean shipping can easily flow again through the Strait of Hormuz. TradeWinds Holly Birkett and Matt Coyne run through the impact and implications of the ceasefire and the reluctance for shipping to think it is safe.
Read more: Shipping stocks fall as Trump hits out at Iran over Hormuz handling
Read more: Strait of Hormuz crossings at near standstill as MOL awaits government guidance

Gard boss and new chair of the International Group of P&I Clubs Rolf Torre Roppestad talks to TradeWinds risk correspondent Paul Peachey about the impact of conflicts and sanctions on casualties and insurance implications
Read more: Conflict and sanctions threaten global shipping order, warns world’s largest marine insurer

Belgium gas carrier owner and operator Exmar has just taken possession of two ammonia dual-fuelled carriers, the industry's first. Lucy Hine spoke to Exmar chief executive Carl-Antoine Saverys about the delivery and whether the vessels will be using green ammonia.
Read more: Exmar ships that can slash emissions by 95% debut into changed world order
(The full interview can be found on Wavelength Plus podcast)

There's a new boss at the US Federal Maritime Commission and she does not intend to just sit on the sidelines and the country seeks to revitalise its maritime industry
Read more: Trump’s Federal Maritime chair sets sights on boosting US-flag shipping

And shipyards and hull coating makers claim an EU bottleneck in approving new biocide chemicals for hull coatings is detrimental to the blocs competitiveness as Asian yards can offer more innovative solutions to tackle biofouling. Craig Eason talks to i-Tech, one of the biocide additive makers that is feeling the impact.
Read more: Europe restricts shipowner hull coating choices as new additive approvals slow to a trickle

Producer and host: Craig Eason
Additional reporting: Holly Birkett, Lucy Hine, Eric Priante Martin, Matt Coyne
A TradeWinds/DN Media podcast
Hosted on Acast. See acast.com/privacy for more information.

In this week’s episode:
What to do with 23-year old LNG carrier Arctic Metagaz, adrift in the Mediterranean after being attacked and gutted, and can any lessons be learned?
Read more: Cargo and fuel to be removed from damaged Russian LNG carrier next week

International Maritime Organization decarbonisation talks will restart soon. What next? Craig Eason talks to Tristan Smith at University College London about the proposals that are coming in and the two camps emerging in the battle
Read more: Trump team looks to kill off Net-Zero Framework for shipping

Maria Ogbugo from the African Future Policies Hub joins the podcast to talk about unifying the voice of Africa at the IMO despite some countries having very different views.
Read More: Divided African states seek to unite for next IMO climate talks

And the Climate Ethanol Alliance is urging US farmers and ethanol producers to see the huge potential in shipping’s decarbonisation.
Read more: Can US farmers sway Trump to make a U-turn on IMO decarbonisation policy?

Host/producer: Craig Eason
Additional reporting: Lucy Hine, Yannick Guerry
A DN Media/TradeWinds podcast
The Wavelength archive
Hosted on Acast. See acast.com/privacy for more information.

In this week’s Wavelength podcast:
It has been a landmark week for deals in the crude tanker space, but the big-money investments and fundraising come as around 20,000 seafarers remain trapped the Middle East Gulf.

It was confirmed this week that Gianluigi Aponte’s MSC Mediterranean Shipping Company is buying into South Korea’s Sinokor Maritime Co.
Sinokor’s buying and chartering spree this year has given the company a potential 20% to 25% market share in VLCCs.
Read more: Official: World’s richest shipowner equal partner with Sinokor in VLCC superpower
Read more: Is VLCC consolidator Sinokor Maritime about to raid the suezmax sector?

Meanwhile in Oslo, Capital Tankers completed its initial public offering of shares marking the first shipping IPO anywhere for five years. Raising $500m, it was the biggest shipping public offering anywhere in two decades.
The Evangelos Marinakis-backed company had a great start on the bourse, but the share price was rocked by the war in the Middle East.
Questions are beginning to swirl about how crude tankers will be affected if there is less oil on the water, if the blockade of Hormuz drags on.
Read more: Capital Tankers: War offers ‘sobering illustration of how quickly energy trade routes can be disrupted’
Read more: Evangelos Marinakis can build a rival to Frontline on John Fredriksen’s home turf

The International Maritime Organization this week called an emergency meeting to make plans for a humanitarian corridor that would allow ships and their crews to be evacuated from the Gulf through Hormuz.
But, as international politics clashed, the IMO meeting found that drawing up a viable plan and executing it quickly will be easier said than done.
Read more: Time is short: IMO chief urges action for 20,000 seafarers trapped in Middle East Gulf
Read more: Strait of Hormuz safe corridor plan wins backing from UN shipping regulator

The idea for an humanitarian corridor through Hormuz was supported this week by the vice president of the China Shipowners’ Association, Zhao Qingfeng.
Speaking at the TradeWinds Shipowners’ Forum in Shanghai, Zhao supported a specific window of time to allow vessels to leave the war zone.
Read more: ‘We will not make war money’: Chinese shipowners call for Hormuz window

Host: Craig Eason.
Producer: Holly Birkett.
Reporters: Andy Pierce, Paul Peachey, Matt Coyne and Yannick Guerry.
A TradeWinds/DN Media Podcast.
Hosted on Acast. See acast.com/privacy for more information.

In this week’s Wavelength episode:

As the conflict drags towards its third week, we examine the impact so far, including in China and the US.
Read more: Oil flows will take ‘months’ to recover after the war: IEA
Read more: US eases sanctions on Russian shadow fleet amid oil price spike
Read more: Day 14: US claims protection convoy always part of war planning

We also look at a new voluntary injury compensation scheme for Bangladesh recycling workers.
Read more: Injury fund launched for Bangladeshi recyclers

And the intensifying debate over how to get sanctioned shadow fleet tankers out of the water and into the hands of recyclers.
Listen to the full interview on Wavelength Plus on ACAST

Producer and host: Craig Eason
Additional editorial input: Yannick Guerry, Eric Priante Martin and Huaqing Ma.
A TradeWinds/DN Media Podcast

Hosted on Acast. See acast.com/privacy for more information.

This is episode 100 of the Wavelength podcast and published in the midst of turmoil and uncertainty in shipping

In this week’s episode:
The impact on shipping of the attacks by the US and Israel on IranWe look at the potential lack of planning by the Trump Administration to take into account how Operation Epic Fury will impact shipping and global trade
Read our full coverage here

Matt Coyne talks about how VLCC rates skyrocket on the back of conflict and crude oil shortage.
Read more: ‘All about war’ for VLCCs as Embiricos nears record-setting $700,000 per day fixture

Paul Peachey reports that vessels heading to or in the Gulf region can not get war risk insurance are not true. He also talks to the IMO secretary general about seafarers stuck in the Gulf.
Read more: Strait of Hormuz insurance cover available to shipping, insists London market

European Commission revealed its broadest ever plan to invest in shipping and the maritime industries. We get the response from European Shipowners secretary-general Sotiris Raptis.
Read more: EU aims to anchor Europe as ‘leading waterborne continent’

Producer and host: Craig Eason
Additional editorial input: Julian Bray, Matt Coyne, Paul Peachey, Yannick Guerry
A TradeWinds/DN Media podcast
Hosted on Acast. See acast.com/privacy for more information.