TradeWinds Wavelength - a weekly shipping news show

What to do with the floating wreck of the gas carrier Arctic Metagaz

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 [https://www.tradewindsnews.com/gas/cargo-and-fuel-to-be-removed-from-damaged-russian-lng-carrier-next-week/2-1-1966653] 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 [https://www.tradewindsnews.com/sustainability/trump-team-looks-to-kill-off-net-zero-framework-for-shipping/2-1-1961855] 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 [https://www.tradewindsnews.com/regulation/divided-african-states-seek-to-unite-for-next-imo-climate-talks/2-1-1915766] 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 [https://acast.com/privacy] for more information.

One week, two landmark deals for crude tankers

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 [https://www.tradewindsnews.com/tankers/official-world-s-richest-shipowner-equal-partner-with-sinokor-in-vlcc-superpower/2-1-1962410] Read more: Is VLCC consolidator Sinokor Maritime about to raid the suezmax sector? [https://www.tradewindsnews.com/gas/is-vlcc-consolidator-sinokor-maritime-about-to-raid-the-suezmax-sector-/2-1-1963257] 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’ [https://www.tradewindsnews.com/tankers/capital-tankers-war-offers-sobering-illustration-of-how-quickly-energy-trade-routes-can-be-disrupted-/2-1-1961056] Read more: Evangelos Marinakis can build a rival to Frontline on John Fredriksen’s home turf [https://www.tradewindsnews.com/opinion/evangelos-marinakis-can-build-a-rival-to-frontline-on-john-fredriksen-s-home-turf/2-1-1962126] 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 [https://www.tradewindsnews.com/tankers/time-is-short-imo-chief-urges-action-for-20-000-seafarers-trapped-in-middle-east-gulf/2-1-1961940] Read more: Strait of Hormuz safe corridor plan wins backing from UN shipping regulator [https://www.tradewindsnews.com/regulation/strait-of-hormuz-safe-corridor-plan-wins-backing-from-un-shipping-regulator/2-1-1963140] 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 [https://www.tradewindsnews.com/casualties/-we-will-not-make-war-money-chinese-shipowners-call-for-hormuz-window/2-1-1960969] 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 [https://acast.com/privacy] for more information.

The impacts of war

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 [https://www.tradewindsnews.com/tankers/hormuz-strait-oil-flows-will-take-months-to-recover-after-the-war-ends-iea-warns/2-1-1959231] Read more: US eases sanctions on Russian shadow fleet amid oil price spike [https://www.tradewindsnews.com/tankers/us-eases-sanctions-on-russian-shadow-fleet-amid-oil-price-spike/2-1-1959647] Read more: Day 14: US claims protection convoy always part of war planning [https://www.tradewindsnews.com/tankers/day-14-us-claims-protection-convoy-always-part-of-war-planning/2-1-1959657] We also look at a new voluntary injury compensation scheme for Bangladesh recycling workers. Read more: Injury fund launched for Bangladeshi recyclers [https://www.tradewindsnews.com/regulation/injury-fund-launched-for-bangladeshi-recyclers/2-1-1958818] 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 [https://shows.acast.com/tradewinds-greenseas/episodes/how-to-scrap-the-shadowfleet-and-not-get-sanctioned] 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 [https://acast.com/privacy] for more information.

War, global trade and risk

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 [https://www.tradewindsnews.com/tag/Operation_Epic_Fury] 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 [https://www.tradewindsnews.com/tankers/-all-about-war-for-vlccs-as-embiricos-nears-record-setting-700-000-per-day-fixture/2-1-1955187] 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 [https://www.tradewindsnews.com/insurance/strait-of-hormuz-insurance-cover-available-to-shipping-insists-london-market/2-1-1955376] 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’ [https://www.tradewindsnews.com/finance/eu-aims-to-anchor-europe-as-leading-waterborne-continent-/2-1-1954964] 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 [https://acast.com/privacy] for more information.

The story behind US shipbuilding being great again

In this episode of Wavelength: TradeWinds’ Eric Priante Martin looks at the story of US shipbuilding as the industry turns to Donald Trump’s policies to make it great again.  Read more: Here’s how much shipowners have saved up to invest in US-built tonnage [https://www.tradewindsnews.com/shipyards/here-s-how-much-shipowners-have-saved-up-to-invest-in-us-built-tonnage/2-1-1946585] Oslo correspondent Jonas Walsgard talks to Norwegian Shipowners’ Association chief executive Knut Arild Hareide about its members’ attempts to go green and why they want more state help. Read more: Norwegian shipowners call for more energy efficiency measures as ship emissions grow [https://www.tradewindsnews.com/sustainability/norwegian-shipowners-call-for-more-energy-efficiency-measures-as-ship-emissions-grow/2-1-1949621] Holly Birkett is back with Granular, our monthly look at key topics in the dry bulk market. This week it is about build quality. Read more: Granular: Bulker age is nothing. Condition and quality are everything [https://www.tradewindsnews.com/bulkers/granular-bulker-age-is-nothing-condition-and-quality-are-everything/2-1-1951278] And nuclear? Craig Eason introduces the Wavelength Plus, a two-part series examining renewed interest in nuclear power in shipping. Read more ‘Going critical’: Shipping takes a step closer to nuclear reality [https://www.tradewindsnews.com/technology/-going-critical-shipping-takes-a-step-closer-to-nuclear-reality/2-1-1937325] Producer and host: Craig Eason Additional editorial input from: Eric Priante Martin, Jonas Walsgard, Holly Birkett and Yannick Guerry. A TradeWinds/DN Media podcast ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.