TradeWinds Wavelength - a weekly shipping news show

Craig Eason

Regular updates on the top stories in the shipping industry from the editoral team of leading maritime news outlet TradeWinds. Hosted and produced by Craig Eason and the TradeWinds editorial team. Hosted on Acast. See acast.com/privacy for more information.

  1. 10 APR

    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 Read more: Strait of Hormuz crossings at near standstill as MOL awaits government guidance 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 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 (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 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 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 for more information.

    29 min
  2. 20 MAR

    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 Read more: Is VLCC consolidator Sinokor Maritime about to raid the suezmax sector? 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’ Read more: Evangelos Marinakis can build a rival to Frontline on John Fredriksen’s home turf 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 Read more: Strait of Hormuz safe corridor plan wins backing from UN shipping regulator 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 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 for more information.

    17 min

About

Regular updates on the top stories in the shipping industry from the editoral team of leading maritime news outlet TradeWinds. Hosted and produced by Craig Eason and the TradeWinds editorial team. Hosted on Acast. See acast.com/privacy for more information.

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