TradeWinds Wavelength - a weekly shipping news show

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.

Deal no deal, the on/off situation in the Gulf

In this weeks episode: The situation with the Strait of Hormuz remains as confusing as ever, yet despite talks of evacuation corridors and new attacks vessels have been transiting Read more: After the attack: How shipping is navigating fragile Strait of Hormuz [https://www.tradewindsnews.com/insurance/after-the-attack-how-shipping-is-navigating-fragile-strait-of-hormuz/2-1-2010133] Read more: Day of violence and threats in Strait of Hormuz as Iran turns back five tankers [https://www.tradewindsnews.com/tankers/day-of-violence-and-threats-in-strait-of-hormuz-as-iran-turns-back-five-tankers/2-1-2009893] The day of the seafarer is a day of celebration of an important role, but with so much to point to how seafarers get treated there is more that needs to be done. Sascha Meijer, new secretary general at seafarer union Nautilus International has a few ideas. We also have an audio postcard from one seafarer to show it is not all bad news. Read more: Stop reinventing the wheel: Union chief on seafarer crises [https://www.tradewindsnews.com/sustainability/stop-reinventing-the-wheel-union-chief-on-seafarer-crises/2-1-2008764] Read more: Try accused crews in their home countries, union and lawyer urge [https://www.tradewindsnews.com/law/try-accused-crews-in-their-home-countries-union-and-lawyer-urge/2-1-2008867] US gears up to make its shipbuilding and shipping industry great (again) Read more: More Senate Republicans join team behind Ships for America Act [https://www.tradewindsnews.com/shipyards/more-senate-republicans-join-team-behind-ships-for-america-act/2-1-2009804] Read more: Trump’s maritime bill revealed: Much-anticipated legislative proposal handed to US Congress [https://www.tradewindsnews.com/shipyards/trump-s-maritime-bill-revealed-much-anticipated-legislative-proposal-handed-to-us-congress/2-1-2009190] ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

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.