Peace at last? Shipping cautiously resumes as Hormuz re-opens

Peace at last? Shipping cautiously resumes as Hormuz re-opens

It's what shipping has been waiting for since early March: the Strait of Hormuz is re-opening to vessel traffic, following a temporary peace deal signed between the US and Iran this week. The reporters who have been leading TradeWinds' coverage of the conflict — Harry Papachristou, Matt Coyne and Paul Peachey — are here to round up what it will mean for traffic, trade and safety going forward. Read more: Mine spotted in Strait of Hormuz as ship traffic climbs [https://www.tradewindsnews.com/tankers/mine-spotted-in-strait-of-hormuz-as-ship-traffic-climbs/2-1-2006899] Chubb turns to London after failure of $40bn Strait of Hormuz insurance project [https://www.tradewindsnews.com/tankers/chubb-turns-to-london-after-failure-of-40bn-strait-of-hormuz-insurance-project/2-1-2006847] US fully lifts Iran blockade, as Tehran promises swift Hormuz transit handling [https://www.tradewindsnews.com/tankers/us-fully-lifts-iran-blockade-as-tehran-promises-swift-hormuz-transit-handling/2-1-2006465] TradeWinds' gas expert Lucy Hine is here to talk to us about how Russia is growing its shadow fleet of LNG Carriers and why now. Read more: Russia adds sixth LNG carrier buy of 2026 to its burgeoning shadow fleet [https://www.tradewindsnews.com/gas/russia-adds-sixth-lng-carrier-buy-of-2026-to-its-burgeoning-shadow-fleet/2-1-2005025] Russia poised to deliver second home-grown Arc7 LNG carrier newbuilding [https://www.tradewindsnews.com/gas/russia-poised-to-deliver-second-home-grown-arc7-lng-carrier-newbuilding/2-1-2006395] And after pounding the pavement in New York this week, TradeWinds' finance chief Joe Brady is here to tell us what we can expect after another failed move by Diana Shipping to take over Genco Shipping. Plot twist: could Diana become the acquisition target? Read more: Genco Shipping repels Diana advances in clean-sweep shareholders vote [https://www.tradewindsnews.com/finance/genco-shipping-repels-diana-advances-in-clean-sweep-shareholders-vote/2-1-2006422] Production and host: Holly Birkett. Additional reporting: Harry Papachristou, Matt Coyne, Paul Peachey, Lucy Hine, Joe Brady and Yannick Guerry. A TradeWinds/DN Media podcast   ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

War! Huh, what is it good for? Shipping!

In this episode of TradeWinds’ Wavelength podcast, we look at the spate of attacks by US forces on merchant vessels in the Middle East Gulf region in recent days, including missile strikes which have led to the deaths of seafarers. The attacks have come from all sides as Iran, the US, Russia and Ukraine target shipping, adding heightened risks, but for some hefty rewards. TradeWinds risk correspondent Paul Peachey and reporter Gary Dixon look at the latest attacks and what they mean for shipping. Read more: Ship hit in Strait of Hormuz as Trump talks up peace prospects [https://www.tradewindsnews.com/tankers/ship-hit-in-strait-of-hormuz-as-trump-talks-up-peace-prospects/2-1-2003048] US confirms strike on third Indian-linked tanker off Oman [https://www.tradewindsnews.com/tankers/us-confirms-strike-on-third-indian-linked-tanker-off-oman/2-1-2002850] Onassis VLCC sailed for four days with Iranian missile lodged in fuel tank [https://www.tradewindsnews.com/casualties/onassis-vlcc-sailed-for-four-days-with-iranian-missile-lodged-in-fuel-tank/2-1-2002963] Container shipping is having a bumper second quarter. We hear from Hapag-Lloyd chief executive Rolf Haben Jansen on how and why, and TradeWinds’ Ian Lewis looks to the near future with a warning. Read more:  Hapag-Lloyd chief: Strong demand driving tight container shipping market [https://www.tradewindsnews.com/containers/hapag-lloyd-chief-strong-demand-driving-tight-container-shipping-market/2-1-2002696] The Sea Cargo Charter signatories published their annual emissions reduction report, benchmarking against the International Maritime’s net-zero trajectory. The gap has not got much smaller. Read more:  Sea Cargo Charter emissions reduction stagnates under pressure of global frictions [https://www.tradewindsnews.com/sustainability/sea-cargo-charter-emissions-reduction-stagnates-under-pressure-of-global-frictions/2-1-2002529] Norwegian owner Eitzen consolidates tech subsidiary Zen and orders the first fully electric shortsea container vessels. Read more: Eitzen orders electric powered boxship pair [tradewindsnews.com/2-1-2003112] Production and host: Craig Eason Additional reporting: Paul Peachey, Gary Dixon, Ian Lewis, Matt Coyne and Yannick Guerry A TradeWinds/DN Media podcast   ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

Energy transition, Greece v IMO and the shadow of 2008

In this week's episode of TradeWinds Wavelength podcast Can Greece get what it wants from the IMO when it comes to changing the Net-Zero framework?  We heard from George Procopiou, Maria Angelicousis, IMO secretary General Arsenio Dominguez and Bo Cerup-Simonsen, head of the Maersk-McKinney Moller Centre for Zero Carbon Shipping: Read more: Big name shipowning trio turn guns on ‘asinine’ Net-Zero Framework [https://www.tradewindsnews.com/people/big-name-shipowning-trio-turn-guns-on-asinine-net-zero-framework/2-1-1997764] ‘Unbroken optimism’: IMO boss defies ‘negativity’ to green plan [https://www.tradewindsnews.com/sustainability/-unbroken-optimism-imo-boss-defies-negativity-to-green-plan/2-1-1997546] Is shipping living in the shadow of another 2008 market crash? To get an angle on that, we hear from Harry Vafias, CEO, The Vafias Group, Polys Hajioannou, Chairman & CEO, Safe Bulkers, Takeshi Hashimoto, Chairman of the Board, Mitsui O.S.K. Lines and Andrian Dacy, CEO & CIO, J.P. Morgan Asset Management's Global Transportation Group Read more: ‘Euphoria time’: Echoes of 2008 and the canary in the coal mine [https://www.tradewindsnews.com/finance/-euphoria-time-echoes-of-2008-and-the-canary-in-the-coal-mine/2-1-1998418] More cash in shipping than ever before, says Clarksons Research chief [https://www.tradewindsnews.com/shipbroking/more-cash-in-shipping-than-ever-before-says-clarksons-research-chief/2-1-1997996] And in Singapore, a big defence summit took place recently: The Shangri-La Dialogue. Our Correspondent Huaqing Ma went to see what it is alloa bout and found shipping came up in many different contexts- Read more: The shipping stories hidden inside the Shangri-La Dialogue [https://www.tradewindsnews.com/opinion/the-shipping-stories-hidden-inside-the-shangri-la-dialogue/2-1-1998131] ‘Shadow fleet is becoming a weapon,’ Australian official tells Shangri-La defence summit [https://www.tradewindsnews.com/insight/-shadow-fleet-is-becoming-a-weapon-australian-official-tells-shangri-la-defence-summit/2-1-1997172] And in the US, Trump offered a waiver of its Jones Act where US vessels would be used to ship cargoes between US ports. It is the longest waiver of the law in history A review us under way with the Federal Maritime Commission and the US Maritime Administration asked to give evidence Read more ‘It’s a horrible policy’: Lawmakers take aim at Trump’s historically long Jones Act waiver [https://www.tradewindsnews.com/law/-it-s-a-horrible-policy-lawmakers-take-aim-at-trump-s-historically-long-jones-act-waiver/2-1-1999915] Audio taken from the TradeWinds Shipowner Forum which took place in Athens during Posidonia. Details of the Forums and how you can be involved can be found here. [https://www.tradewindsevents.com/event/publication/home] Host and producer: Craig Eason Additional reporting: Eric Priante Martin, Yannick Guerry, Huaqing Ma, Julian Bray A TradeWinds/DN Media podcast ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

Hafnia offloads and a P&I first as Britannia promotes first female lead underwriter

In this week's Wavelength episode: Hafnia offloads vessels and kills two of its tanker pools Read more: Hafnia to wind down two tanker pools in strategy shift [https://www.tradewindsnews.com/tankers/hafnia-to-wind-down-two-tanker-pools-in-strategy-shift/2-1-1995913] Read more: Hafnia up another $118m on Torm investment with M&A still on the table [https://www.tradewindsnews.com/tankers/hafnia-up-another-118m-on-torm-investment-with-m-a-still-on-the-table/2-1-1995011] Britannia Club, the world’s oldest protection and indemnity club has appointed a woman as chief underwriting officer for the first time in the industry’s 171-year history. Read more: Britannia appoints first female chief underwriter in industry’s 171-year history [https://www.tradewindsnews.com/insurance/britannia-appoints-first-female-chief-underwriter-in-industry-s-171-year-history/2-1-1996304] Capsize rates rise as bauxite, coal and iron ore volumes increase Read more: Capesize bulker rates soar to highest level since 2023 as futures curve also rises [https://www.tradewindsnews.com/bulkers/capesize-bulker-rates-soar-to-highest-level-since-2023-as-futures-curve-also-rises/2-1-1996425] India Register Shipping boss wants class to re-engage with sanctioned tonnage to help keep them safe Read more: Indian Register boss wants dark fleet ships allowed into class [https://www.tradewindsnews.com/people/indian-register-boss-wants-dark-fleet-ships-allowed-into-class/2-1-1994406] And from the Wavelength plus podcast, how Anglo-Eastern has responded to crews and ships being stuck on the Gulf Read and listen: Podcast: Hormuz crisis reshaping ship management, Anglo-Eastern warns [https://www.tradewindsnews.com/tankers/podcast-hormuz-crisis-reshaping-ship-management-anglo-eastern-warns/2-1-1994253] Producer and host: Craig Eason Additional reporting: Gary Dixon, Paul Peachey, Huaqing Ma and Yannick Guerry A TradeWinds/DN Media podcast ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

Ship ID theft

In this episode: How two ships ended up having their IDs stolen, including fake websites for insurance and class certification. Read more: UAE seizes tankers after phantom insurance network revealed [https://www.tradewindsnews.com/tankers/uae-seizes-tankers-after-phantom-insurance-network-revealed/2-1-1992509] How suppliers and tech firms are collaborating to make hydrogen more enticing and available for shipping. Read more: Tech firms come together to unify hydrogen supply for shipping [https://www.tradewindsnews.com/technology/tech-firms-come-together-to-unify-hydrogen-supply-for-shipping/2-1-1990807] And why maritime needs women more than ever. Read more: Shipping firms must plan for when women at sea have children [https://www.tradewindsnews.com/sustainability/global-maritime-forum-shipping-firms-must-plan-for-when-women-at-sea-have-children/2-1-1990743] Producer and host: Craig Eason Additional editorial input from: Holly Birkett, Paul Peachey and Yannick Guerry A TradeWinds/DN Media podcast ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.