TradeWinds Wavelength - a weekly shipping news show

Mutiny and fear in the Gulf

In this week's podcast: The number of fatalities and injuries in attacks on shipping increases as warring factions ignore calls to stop attacks on innocent seafarers. Fears lead captain and crew on one vessel to mutiny against calls to leave port and head through the Strait of Hormuz. Gary Dixon looks at the latest events. Read more: 'Strait of death’ voyage order sparks seafarer revolt [https://www.tradewindsnews.com/people/video-strait-of-death-voyage-order-sparks-seafarer-revolt/2-1-2031675] Read more: ‘My leg was hanging on by the skin’: Russian captain tells of 24-hour ordeal after Houthi ship strike [https://www.tradewindsnews.com/bulkers/-my-leg-was-hanging-on-by-the-skin-russian-captain-tells-of-24-hour-ordeal-after-houthi-ship-strike/2-1-2032287] It's all change at the Baltic Exchange as its long-standing chief executive Mark Jackson announces his retirement and his successor is announced. Holly Birkett looks at the latest developments at the Baltic Exchange and whether it is keeping pace with change Read more: Trial and transition as the Baltic Exchange tussles with tradition [https://www.tradewindsnews.com/shipbroking/trial-and-transition-as-the-baltic-exchange-tussles-with-tradition/2-1-2028285] And we reveal our 7th Guiding Star Evangelos Efstathiou [https://www.tradewindsnews.com/hub/guidingstar], owner at Marsoft, as we continue to reveal a total of 10 finalists before a final winner is revealed at the end of the year Read more: He bought his old boss’ company. Now Evangelos Efstathiou is betting on AI [https://www.tradewindsnews.com/interviews/he-bought-his-old-boss-company-now-evangelos-efstathiou-is-betting-on-ai/2-1-2029583] Host and producer: Craig Eason Additional reporting: Gary Dixon, Holly Birkett, Yannick Guerry A TradeWinds/DN Media podcast ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

Maersk and Hapag-Lloyd bosses disagree on structural change

In this episode: Maersk and Hapag Lloyd published bumper second quarter results over the last week.  But the news focused on whether liner trades are facing a structural shift due to non-shipping related constraints and the additional cargo types in boxes. Read more: Vincent Clerc: This structural shift will shape container shipping [https://www.tradewindsnews.com/containers/vincent-clerc-this-structural-shift-will-shape-container-shipping/2-1-2028837] Read more: Seasonality or structural shift? Hapag-Lloyd CEO on latest sharp swing in liner profit [https://www.tradewindsnews.com/containers/seasonality-or-structural-shift-hapag-lloyd-ceo-on-latest-sharp-swing-in-liner-profit/2-1-2029002] Read more: Maersk adds $2.5bn to profit forecast as disruption drives demand [https://www.tradewindsnews.com/containers/maersk-adds-2-5bn-to-profit-forecast-as-disruption-drives-demand/2-1-2028545] Read more: A licence to print money’: How much longer can container shipping get away with it? [https://www.tradewindsnews.com/opinion/-a-licence-to-print-money-how-much-longer-can-container-shipping-get-away-with-it-/2-1-2025066] As shipping hears more and more about artifical intelligence, one digital outfit has launched an overarching agentic Ai tool over its digital modules.  Maersk and Cargill-owned Zero North got a new boss four months ago and Soren Andersen is seeking to expand its business and that means giving customers more reasons to go digital. Read more: ZeroNorth embraces speedboat strategy for AI roll-out [https://www.tradewindsnews.com/interviews/zeronorth-embraces-speedboat-strategy-for-ai-roll-out/2-1-2025403] Brunei Darussalam held a maritime event recently and invited TradeWInds to attend.  It is not your normal shipping hub attracting shipping's attention but claims it has some key offerings for shipping to take note. TradeWinds Huaqing Ma was there and filed this report. Read more: Why Brunei does not need to become another Singapore  [https://www.tradewindsnews.com/opinion/why-brunei-does-not-need-to-become-another-singapore/2-1-2028026] Read more:Can Brunei become industry’s next ship-to-ship transfer hub? [https://www.tradewindsnews.com/tankers/can-brunei-become-industry-s-next-ship-to-ship-transfer-hub-/2-1-2025998] Host and producer: Craig Eason Additional reporting: Ian Lewis and Huaqing Ma A TradeWinds/DN Media podcast  ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

Chokepoint tolls - The spread of a bad idea

In this week’s episode: Shipowner groups implore the United Nations and the International Maritime Organization to stop Iran from imposing a toll on vessels transiting the Strait of Hormuz and point to the fear of the practice spreading. But will it and what would it cost?  Read more: Shipowners unite against domino effect of Strait of Hormuz tolls [https://www.tradewindsnews.com/insurance/shipowners-unite-against-domino-effect-of-strait-of-hormuz-tolls/2-1-2025141] Read more: Iran and Oman agree transport plan for Strait of Hormuz [https://www.tradewindsnews.com/tankers/iran-and-oman-agree-transport-plan-for-strait-of-hormuz/2-1-2025498] China has brought its Arctic information services into one portal for its shipping community. It includes route services through the Northern Sea Route and how to liaise with Russia on transits. What does this mean and will it have an impact on Arctic policy in other countries and on other trade routes? Read more: China quietly strengthens its Arctic shipping toolkit [https://www.tradewindsnews.com/technology/china-quietly-strengthens-its-arctic-shipping-toolkit/2-1-2025247] Read more: Russian tankers dodge multiple flash points as they head for Northern Sea Route [https://www.tradewindsnews.com/regulation/russian-tankers-dodge-multiple-flash-points-as-they-head-for-northern-sea-route/2-1-2020153] Producer and host: Craig Eason Additional reporting: 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.

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.