The Adnoc L&S raid on the secondhand VLCC market

The Adnoc L&S raid on the secondhand VLCC market

In this week’s episode: Adnoc Logistics & Services has been buying VLCCs as it seeks to control its supply chain out of the Middle East Gulf. Read more: Adnoc L&S linked to six-strong VLCC raid as UAE battles to keep oil flowing [https://www.tradewindsnews.com/tankers/adnoc-l-s-linked-to-six-strong-vlcc-raid-as-uae-battles-to-keep-oil-flowing/2-1-2022561] Read more: Adnoc L&S splashing out over $500m on gas carriers to safeguard LPG contracts [https://www.tradewindsnews.com/gas/adnoc-l-s-splashing-out-over-500m-on-gas-carriers-to-safeguard-lpg-contracts/2-1-2023141] Luke Wickenden from Finland’s Centre for Research on Energy and Clean Air joins the podcast to discuss the impact of Europe’s focus on detaining sanctioned vessels and whether it is reducing the number of flag-hopping vessels, or if they are joining the Russian flag. Read more:  Has Europe’s ‘whack-a-mole’ approach to detaining sanctioned tonnage worked? [https://www.tradewindsnews.com/law/has-europe-s-whack-a-mole-approach-to-detaining-sanctioned-tonnage-worked-/2-1-2022165] Read more: Europe’s $150m shadow fleet headache: Seized ships, stalled cases and no clear endgame [https://www.tradewindsnews.com/ship-management/europe-s-150m-shadow-fleet-headache-seized-ships-stalled-cases-and-no-clear-endgame/2-1-2019362] Read more:  EU sanctions create ‘new power’ to sell oil cargoes from detained shadow tankers [https://www.tradewindsnews.com/insurance/eu-sanctions-create-new-power-to-sell-oil-cargoes-from-detained-shadow-tankers/2-1-2022451] Host and production: Craig Eason Additional reporting: Yannick Guerry, Matt Coyne A TradeWinds/DN Media podcast ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

The expanding theatres of war

In this week's episode: Shipping is beset with growing risks as Houthis intensify maritime risks in the Red Sea as July because one of the most intensive months for attacks. To dissect what's been happening risk assessment experts Nick Maddalena and Rob Peters at Ambrey join podcast host Craig Eason in the studio. Read more: Owners who pay Iran’s Strait of Hormuz toll face losing insurance [https://www.tradewindsnews.com/insurance/owners-who-pay-iran-s-strait-of-hormuz-toll-face-losing-insurance/2-1-2020210] Read more: Iran ‘seizes’ damaged Dynacom tanker hit by fire in Strait of Hormuz [https://www.tradewindsnews.com/tankers/iran-seizes-damaged-dynacom-tanker-hit-by-fire-in-strait-of-hormuz/2-1-2019983'] Read more: Saudi tanker on fire after being hit by projectile as Houthis strike in Red Sea [https://www.tradewindsnews.com/casualties/saudi-tanker-on-fire-after-being-hit-by-projectile-as-houthis-strike-in-red-sea/2-1-2019914] Read more: Seafarer killed and tanker on fire as Ukraine bombs two ships [https://www.tradewindsnews.com/casualties/seafarer-killed-and-tanker-on-fire-as-ukraine-bombs-two-ships/2-1-2019455] And shipping is facing a revamp of the European emission trading system. However this time there's a lot for owners and operators to be happy about. Craig talks to Sotiris Raptis, secretary general at European Shipowners, ECSA, about the carrots being offered and how there could be much more cash now for decarbonisation, though not enough for energy efficiency. And what about the alignment of Europe with the IMO? There's also the toothless legal clause in the ETS directive about sharing the costs between owners and charterers that legal researchers say needs to be addressed. Read more: ETS revamp could see millions pumped into European shipping [https://www.tradewindsnews.com/regulation/ets-revamp-could-see-millions-pumped-into-european-shipping/2-1-2019657] Production and host: Craig Eason Additional reporting: Yannick Guerry A TradeWinds/DN Media podcast ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

Should the mariner be the fall guy when shadow vessels break sanctions?

The ceasefire in the Middle East Gulf is over and Iranian forces appear to be attacking merchant vessels even further afield than previously. TradeWinds reporter Matt Coyne tells us how vessel traffic is responding. Read more: US boards VLCC as fighting reignites in Gulf [https://www.tradewindsnews.com/tankers/us-boards-vlcc-as-fighting-reignites-in-gulf/2-1-2018265] Middle East Gulf tanker shuttle service slows as Iran-US trade blows [https://www.tradewindsnews.com/tankers/middle-east-gulf-tanker-shuttle-service-slows-as-iran-and-us-trade-blows/2-1-2018075] Three-quarters of ships in Strait of Hormuz go dark as missiles rain down [https://www.tradewindsnews.com/tankers/three-quarters-of-ships-in-strait-of-hormuz-go-dark-as-missiles-rain-down/2-1-2017882] The master of a dark fleet tanker is being criminally prosecuted in London for breaching UK sanctions on Russia – the first case of its kind. TradeWinds' Paul Peachey is back from the courtroom with this report. Read more: Master of tanker accused of sanctions busting has trial date set for December [https://www.tradewindsnews.com/people/master-of-tanker-accused-of-sanctions-busting-has-trial-date-set-for-december/2-1-2017771] Captain of shadow fleet tanker seized in the Mediterranean released by France [https://www.tradewindsnews.com/tankers/captain-of-shadow-fleet-tanker-seized-in-the-mediterranean-released-by-france/2-1-2011325] All the cool stuff comes out of Copenhagen these days – including maritime finance. TradeWinds' Nordic finance lead Jonas Walgard is back from Denmark to tell us how the sector is evolving, with remarks from Danish Ship Finance CEO Kristian Skovmand. Read more: Danske Bank’s shipping book expands as it takes ‘larger bite out of the market’ finance [https://www.tradewindsnews.com/finance/danske-bank-s-shipping-book-expands-as-it-takes-larger-bite-out-of-the-market-/2-1-2017877] Zeaside Capital targets bigger tankers as platform strategy takes shape [https://www.tradewindsnews.com/tankers/zeaside-capital-targets-bigger-tankers-as-platform-strategy-takes-shape/2-1-2016989] Newbuildings and new customers to drive ‘solid growth’, says Nordea global shipping boss [https://www.tradewindsnews.com/finance/newbuildings-and-new-customers-to-drive-solid-growth-says-nordea-global-shipping-boss/2-1-2017410] And MPC Container Ships is getting into bigger boxships. Ian Lewis speaks to CEO Constantin Baack about what that means for the firm.  Read more: MPC Container is following the market, not changing course, says Constantin Baack [https://www.tradewindsnews.com/containers/mpc-container-is-following-the-market-not-changing-course-says-constantin-baack/2-1-2017297] Production and host: Holly Birkett. Additional reporting: Matt Coyne, Paul Peachey, Jonas Walsgard, Ian Lewis and Yannick Guerry. A TradeWinds/DN Media podcast   ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

Risky business — are we going back to square one in Hormuz?

Not even a month after the Strait of Hormuz "re-opened", President Trump has said he considers the ceasefire with Iran to be "OVER!" in the Middle East Gulf. Vessel traffic in the Gulf has responded to the more risky environment. TradeWinds reporter Matt Coyne is here to round up what has been happening. Read more: Ships steer clear of Omani route through Strait of Hormuz as US-Iran deal collapses [https://www.tradewindsnews.com/tankers/ships-steer-clear-of-omani-route-through-strait-of-hormuz-as-us-iran-deal-collapses/2-1-2015600] Trump says US has agreed to talks with Iran — but ceasefire still ‘OVER! [https://www.tradewindsnews.com/tankers/trump-says-us-has-agreed-to-talks-with-iran-but-ceasefire-still-over-/2-1-2015752] Meanwhile, the northern hemisphere is HOT. El Nino has arrived, according to US authorities, and water levels are falling in major shipping waterways around the world. All eyes are, of course, on the Panama Canal. Ian Lewis joins us to talk about how container lines are passing extra costs on to customers and what we might see next. Read more: How low-water surcharges are becoming the new normal for container shipping [https://www.tradewindsnews.com/containers/how-low-water-surcharges-are-becoming-the-new-normal-for-container-shipping/2-1-2015557] Panama Canal braced for El Nino impact as vital waterway cuts lock draught limits [https://www.tradewindsnews.com/ports/panama-canal-braced-for-el-nino-impact-as-vital-waterway-cuts-lock-draught-limits/2-1-2013340] Why China’s coal surge matters for panamax bulker owners [https://www.tradewindsnews.com/bulkers/why-china-s-coal-surge-matters-for-panamax-bulker-owners/2-1-2013480] TradeWinds' gas expert Lucy Hine has spoken to top management at shipowner BW LNG about a new vessel design that could make shipping gas even more efficient. She is here with a snippet from this week's long-form Wavelength Plus podcast. Read more: LNG carriers: Four tanks good, three tanks — even better, BW LNG says [https://www.tradewindsnews.com/gas/lng-carriers-four-tanks-good-three-tanks-even-better-bw-lng-says/2-1-2012992] And finally, why does shipping — a 'people business' — enjoy a challenge so much? TradeWinds' editor-in-chief Julian Bray tells us about his trip to Barcelona for le grand départ of the Tour de France, and whether the power of 'alternative networking' is behind the rise of shipping businesses sponsoring sports teams and sometimes even buying them. But will shipping ever kick the booze? Read more: Tour de France reveals how cycling truly is ‘the new golf’ [https://www.tradewindsnews.com/opinion/tour-de-france-reveals-how-cycling-truly-is-the-new-golf-/2-1-2014310] Shipping teams take on 24 Peaks Challenge for The Seafarers’ Charity [https://www.tradewindsnews.com/people/shipping-teams-take-on-24-peaks-challenge-for-the-seafarers-charity/2-1-2014799] Production and host: Holly Birkett. Additional reporting: Matt Coyne, Ian Lewis, Lucy Hine, Julian Bray and Yannick Guerry. A TradeWinds/DN Media podcast   ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

Faking a Norwegian

In this week’s episode:  TradeWinds has reported on sanctioned tankers often flying false flags, but perhaps none so brazenly as those pretending to fly under the Norwegian International Register. TradeWinds’ Matt Coyne looks at what this means and why it is happening. Read more: Sanctioned tanker tycoon turns to false Norwegian flag [https://www.tradewindsnews.com/tankers/sanctioned-tanker-tycoon-turns-to-false-norwegian-flag/2-1-2011480] Shipping is now included in the UK’s emission trading scheme and and any vessel over 5,000 gt is included. TradeWinds talks to Lloyd’s Register and the UK Chamber of Shipping about the impact.  Read more: Any large ship calling at a UK port set to fall into new emissions trading scheme [https://www.tradewindsnews.com/regulation/any-large-ship-calling-at-a-uk-port-set-to-fall-into-new-emissions-trading-scheme/2-1-2010870] Shipping researchers at UCL have devised a unique tool to help create a future risk score for tonnage to give financiers and charterers a better understanding of shipowners tonnage. UCL’s Professor Tristan Smith offers the insights.  Read more: Climate researchers roll out risk scorecard tool for commercial ship finance [https://www.tradewindsnews.com/finance/climate-researchers-roll-out-risk-scorecard-tool-for-commercial-ship-finance/2-1-2012068] Production and host: Craig Eason Additional reporting: Yannick Guerry, Matt Coyne A TradeWinds/DN Media podcast ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.