Tanker market insights as Gulf conflict continues and UAE leaves OPEC

Tanker market insights as Gulf conflict continues and UAE leaves OPEC

In this episode: As the Iran and US/Israeli ceasefire tentatively holds, so do the blockade of the Strait of Hormuz. Angelica Kemene, head of market and climate strategy at Optima Shipping Services joins Wavelength host Craig Eason to discuss the ongoing impact on the tanker market rates and how the UAE leaving OPEC could impact trades once the Strait of Hormuz opens. Read more: Tanker market finds delicate balance as oil prices surge to multi-year highs [https://www.tradewindsnews.com/tankers/tanker-market-finds-delicate-balance-as-oil-prices-surge-to-multi-year-highs/2-1-1983360] Read more: Oil surges as blockades set to cause months of disruption [https://www.tradewindsnews.com/tankers/oil-surges-as-blockades-set-to-cause-months-of-disruption/2-1-1983078] Industry climate talks. have been continuing in London for the last two weeks with the sides seemingly well entrenched in their positions not putting talk of compromise into action. Can the net zero framework be saved? Or is it back to the drawing board. Craig talks to UCL professor Tristan Smith about the outcome of the two weeks and TradeWinds risk correspondent Paul Peachey is int he studio having been canvassing opinions in the corridors of the IMO over the last week Read more: IMO chief urges nations to bridge gaps and clinch shipping decarbonisation deal [https://www.tradewindsnews.com/sustainability/imo-chief-urges-nations-to-bridge-gaps-and-clinch-shipping-decarbonisation-deal/2-1-1981666] Read more: Don’t expect too much out of the IMO this week [https://www.tradewindsnews.com/opinion/don-t-expect-too-much-out-of-the-imo-this-week/2-1-1980350] And Holly is back with another episode of Granular, this time from Geneva Dry   Producer and host: Craig Eason Additional reporting: Paul Peachey, Yannick Guerry and Holly Birkett A TradeWinds/DN Media podcast ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

Shipping figures talk carbon cuts in Singapore

Decarbonisation was high on the agenda Singapore Maritime Week, where TradeWinds held its Shipowners' Forum this week.  Shipping companies are taking another look at their green strategies in the absence of an adopted Net-Zero Framework regulation from the International Maritime Organization. Meanwhile in Europe, the next FuelEU Maritime deadline will hit at the end of this month for owners who have operated ships to, from and within Europe over the past 12 months. In this week's episode: •In the Strait of Hormuz this week, there have been ship seizures and rising concerns about sea mines. TradeWinds reporter Matt Coyne gives us an update. Read more: Container shipping remains paralysed in Middle East Gulf as MSC seizures ramp up tensions [https://www.tradewindsnews.com/containers/container-shipping-remains-paralysed-in-middle-east-gulf-as-msc-seizures-ramp-up-tensions/2-1-1980584] Read more: Clearing Iran’s Strait of Hormuz mines could take six months, US defence officials tell lawmakers [https://www.tradewindsnews.com/tankers/clearing-iran-s-strait-of-hormuz-mines-could-take-six-months-us-defence-officials-tell-lawmakers/2-1-1979596] •As the IMO begins another week of talks to see if its Net-Zero Framework can either be pushed through or rewritten, we hear from Eastern Pacific Shipping boss Cyril Ducau on his company’s decarbonisation plan. Read more: Eastern Pacific Shipping boss explains how to ‘outperform the market’ in volatile times [https://www.tradewindsnews.com/people/eastern-pacific-shipping-boss-explains-how-to-outperform-the-market-in-volatile-times/2-1-1977323] Read more: Eastern Pacific Shipping sees wind of change in Singapore [https://www.tradewindsnews.com/tankers/eastern-pacific-shipping-sees-wind-of-change-in-singapore/2-1-1979438] •The Poseidon Principles launched almost seven years ago. Its new chairman Paul Taylor tells TradeWinds about how the initiative will aid shipowners in cutting carbon emissions. Read more: ‘We have to have teeth’: Poseidon Principles boss signals strategic shift [https://www.tradewindsnews.com/sustainability/-we-have-to-have-teeth-poseidon-principles-boss-signals-strategic-shift/2-1-1977533] •Shipowners with tonnage that sailed to or around Europe last year have just days left to decide if they want to pool vessels to share emissions credits or face potentially huge penalties from FuelEU Maritime. Craig Eason looks at the options with Frederike Hesse, co-founder of emissions accounting platform Zero44. Read more: Shipowners face major pooling losses after EU gets its sums wrong [https://www.tradewindsnews.com/sustainability/shipowners-face-major-pooling-losses-after-eu-gets-its-sums-wrong/2-1-1980333] Read more: Don’t pay the penalty: FuelEU non-compliance costs will hurt [https://www.tradewindsnews.com/regulation/don-t-pay-the-penalty-fueleu-non-compliance-costs-will-hurt/2-1-1980161] •And finally, we speak to the artist known as "Hardo", who trades commodities by day and makes art by night – this time, it’s all about shipping. He talks about how anyone and everyone in shipping and finance can tap into their creativity. Read more: The kings of shipping and commodities — as only Hardo sees them [https://www.tradewindsnews.com/people/the-kings-of-shipping-and-commodities-as-only-hardo-sees-them/2-1-1971564] Read more: Meet the ‘Banksy of shipping’. The anonymous artist committing dry bulk markets to canvas [https://www.tradewindsnews.com/people/meet-the-banksy-of-shipping-the-anonymous-artist-committing-dry-bulk-markets-to-canvas/2-1-1503269] Host and producer: Holly Birkett. Additional reporting: Matt Coyne, Craig Eason and Julian Bray. A DN Media/TradeWinds podcast ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

Who's ordering all these giant crude oil carriers?

In this episode: TradeWinds newbuilding expert Irene Ang joins host Craig Eason in the studio to run through the surge in orders for VLCCs, looking at who, where, when and why. Read more: Yangzijiang Maritime orders eight VLCCs in deal worth close to $1bn [https://www.tradewindsnews.com/tankers/yangzijiang-maritime-orders-eight-vlccs-in-deal-worth-close-to-1bn/2-1-1975692] Read more: JP Morgan tipped to enter VLCC arena with $500m newbuilding deal [https://www.tradewindsnews.com/tankers/jp-morgan-tipped-to-enter-vlcc-arena-with-500m-newbuilding-deal/2-1-1974061] The US goes on the hunt for more Iranian ships. Read more: US ramps up scope of Iran blockade to target ships ‘regardless of location’ [https://www.tradewindsnews.com/regulation/us-ramps-up-scope-of-iran-blockade-to-target-ships-regardless-of-location-/2-1-1975280] Lomar Shipping offers its ships for start-ups to use as testbeds. We speak to Lomarlabs managing director Stylianos Papageorgiou about why. Read more: Lomarlabs boss lifts the lid on its cleantech portfolio [https://www.tradewindsnews.com/interviews/lomarlabs-boss-lifts-the-lid-on-its-cleantech-portfolio/2-1-1973991] Also in this edition: our Singapore special report, including a profile of dry bulk operator Dava. Read more: How Singapore became a launchpad for global ambitions [https://www.tradewindsnews.com/special_reports] Dava eyes expansion as shifting trade routes reshape bulk markets [https://www.tradewindsnews.com/special-reports/dava-eyes-expansion-as-shifting-trade-routes-reshape-bulk-markets/2-1-1971253] Host and producer: Craig Eason Additional reporting: Irene Ang, Eric Priante Martin and Huaqing Ma A DN Media/TradeWinds podcast ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

Ceasefire or confusion in the Middle East

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 [https://www.tradewindsnews.com/finance/shipping-stocks-fall-as-trump-hits-out-at-iran-over-hormuz-handling/2-1-1972093] Read more: Strait of Hormuz crossings at near standstill as MOL awaits government guidance [https://www.tradewindsnews.com/gas/strait-of-hormuz-crossings-at-near-standstill-as-mol-awaits-government-guidance/2-1-1972044] 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 [https://www.tradewindsnews.com/insurance/conflict-and-sanctions-threaten-global-shipping-order-warns-world-s-largest-marine-insurer/2-1-1971757] 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 [https://www.tradewindsnews.com/gas/exmar-ships-that-can-slash-emissions-by-95-debut-into-changed-world-order/2-1-1970490] (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 [https://www.tradewindsnews.com/regulation/trump-s-federal-maritime-chair-sets-sights-on-boosting-us-flag-shipping/2-1-1970440] 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 [https://www.tradewindsnews.com/technology/europe-restricts-shipowner-hull-coating-choices-as-new-additive-approvals-slow-to-a-trickle/2-1-1969177] 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 [https://acast.com/privacy] for more information.

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.