Riding shipping's highest-ever rate wave

In this episode.At the TradeWinds shipowner Forum in Dubai, panellists expressed their concern over a lack of urgency in peace talks between the US and Iran. There is also concern that when a deal is struck, a lack of trust means today's instability will remain the new normal.Read more: Explosions, mines and Iranian speedboats: Gulf shipowners detail life running Hormuz gauntletRead more: US mulling fire sale of sanctioned VLCCs for Strait of Hormuz passageHapag-Lloyd issued its latest results, with attention on the German liner group's bid to acquire Israeli liner outfit ZIM: Is it still on the cards? Hapag boss Rolf Habben Jansen says he will have to wait a bit longer than he thought.Read more: Hapag-Lloyd chief bullish on closing $4.2bn Zim takeoverRead more: Hapag-Lloyd profit hits $1bn in third quarter as higher freight rates boost resultsAnd is renewal time for Protection and Indemnity Clubs. TradeWinds insurance correspondent Paul Peachey is in the studio to look at the past year and how clubs might adjust their premiums for the next 12 months.Read more: UK Club to hike premiums at 2027 merger as complex claims jumpAdditional reporting: Yannick Guerry, Ian Lewis, Julian Bray, Paul PeacheyProducer and host: Craig EasonA TradeWinds/DN Media podcast Hosted on Acast. See acast.com/privacy for more information.

In this week's episode:TradeWinds' Eric Priante Martin assesses the impact of the US mid term elections on US maritime policiesRead more: Six ways the 'blue wave' that rocked Washington could affect shippingRead more: Will US ‘blue tsunami’ dampen tanker market boom?We also hear form Pacific Environment policy director Davina Hurt on how the green lobby group thinks IMO delegates should use the mid term results at the next decarbonisation meetings later this monthJotaro Tamura, chief executive of Mitsui OSK Line about the groups deepening involvement with LNGRead more: MOL breaks new ground with first solo FSRU conversionRead more: MOL doubles profit outlook as shipping markets run hotThis clip is an excerpt from a full interview that can be found on Wavelength Plusand recorded at the recent TradeWInds Tokyo Shipowner ForumTradewinds' Asia correspondent reports from Marine Money events in China and South Korea where he heard about warnings thatthe good times might not roll on forever.Read more: Chinese ship financiers question old valuation rules as fuel uncertainty deepensRead more: Chinese ship lessors emerge stronger from US trade pressure testAdditional reporting: Eric Priante Martin, Huaqing Ma, Yannick GuerryProducer and host: Craig Eason(C) A TradeWinds/DN Media podcast Hosted on Acast. See acast.com/privacy for more information.

In this week’s episode of Wavelength:Craig Eason reports from our TradeWinds Global Shipbuilding Forum this week in Busan, South Korea. Cargo owners feel like they have little choice but to buy ships rather than charter them as rates rise. Meanwhile, shipyards could be entitled to claim bonuses for delivering vessels ahead of schedule.Read more: Back to 2007? Lawyer warns on newbuild boomShipping’s investment boom faces reckoning as financiers warn of market risksKorean shipbuilders’ overseas ambitions put state financiers in a bindPaul Peachey has been out and about and is here with an update on autonomous shipping, after visiting Ocean Infinity, a company that is already remotely controlling a fleet of offshore vessels.Read more: Between a ROC and a hard place: the evolution of crewless shipsUS investigators sound alert on lookouts for autonomous vesselsAnd we have another clip from our special series on the role of venture capital in maritime tech.Direct link to full episode (Spotify).Host and producer: Holly Birkett.Additional reporting or research: Craig Eason, Paul Peachey and Yannick Guerry.A TradeWinds/DN Media podcast. Hosted on Acast. See acast.com/privacy for more information.

In this week's episode of the Wavelength podcast:TradeWinds' China correspondent Huaqing Ma brings back all the hottest talking points from Pudong Maritime Week in Shanghai. Turns out super-strong markets are raising 'red flags' for financiers and concerns over how much longer the good times can last.Read more: Chinese ship financiers flush with deals as threats lurk on the horizonRead more: ‘New price paradigm’: Cheap newbuildings may never return, shipowner warnsRead more: ‘We can’t just switch overnight’: IMO chief makes case for LNGTanker rates appear to have become unsustainably high. Matt Coyne is here to talk about what might realistically bring them down – and what probably won’t.Read more: Crude reality: moving barrel of oil now costs more than hauling tonne of iron oreRead more: Chinese oil buyers tipped to be cautious amid high costs and freightRead more: Trump sanctions plan sends ‘wrong signal’ to mainstream tanker owners, says IntertankoRead more: BRS and Clarksons join doubts over US tanker waiverJapan usually takes a progressive stance at the International Maritime Organization, but a green legal firm has slammed Japan’s latest proposal for an alternative net-zero framework for decarbonising shipping. Opportunity Green has published a critique.Read more: Japan’s new net-zero proposal slammed as a compromise too farAnd we have a clip from this week’s episode of Wavelength Plus, in which Craig Eason looks at the role of venture capital in maritime tech. This is also the first-ever video episode of Wavelength Plus, linked below. (The audio version is available as usual on all good podcast platforms.)Read more: Lifting the lid on the world of maritime venture capitalHost and producer: Holly Birkett.Additional reporting or research: Matt Coyne, Huaqing Ma, Craig Eason and Yannick Guerry.A TradeWinds/DN Media podcast. Hosted on Acast. See acast.com/privacy for more information.

In this week's episode:The potential impact of US easing sanctions on tanker rates is under scrutiny. Kpler tanker analyst Matt Wright is in the Wavelength studio to assess the impact of the Trump administration's latest move to get Russian diesel, whether it is a domestic ploy ahead of mid-term elections, and whether it will impact Gulf tanker rates.Read more: Dark fleet hurdles cloud Trump’s plan to ease tanker sanctionsRead more: Red-hot crude rates will not become new normal, says KplerOne company benefiting from positive markets is BlueYield, a Stockholm-listed investment house focused on stakes in vessel-focused Special Purpose Vehicles.BlueYield chief executive Jonas Kamstedt talks to host Craig Eason about the investment strategy, timing, markets, and which segment may be the next big one.Read more: Swedish shipping investor proposes extraordinary dividend as strategy pays offRead more: Shipping investor bets on offshore and multipurpose vesselsFour former MOL gas carriers that changed hands to a Novatek-linked firm and are heading into the Russian Arctic.TradeWinds's LNG correspondent Lucy Hine has been tracking the vessels, and digging into the owner and potential sanctions risks of a growing ice-class LNG carrier fleet, with some vessels still at the newbuilding yard.Read more: Prices paid by Russia’s Novatek for MOL’s LNG quartet emerge as ships head for ArcticThe European Union is set to reveal its revamp of the bloc's emissions trading system in the coming months, and shipping is in the mix.While the update is one of a regular set of updates Brussels carries out to keep the ETS relevant and in line with its green strategies, it will include proposals to help shipowners use green fuels. The problem, according to European Shipowners secretary-general Sotiris Raptis, is that the proposal does not send positive change signals to shipowners.Read more: EU proposals on ETS amendments fail to send right signals to European shipownersRead more: ETS revamp could see millions pumped into European shippingHost and producer: Craig EasonAdditional reporting or research: Lucy Hine, Yannick Guerry, Jonas Wahlsgard, Matt CoyneA TradeWinds/DN Media podcast Hosted on Acast. See acast.com/privacy for more information.

In this week’s Wavelength.TradeWinds correspondent Paul Peachey has been uncovering what happened on the tanker Settebello before and after it was attacked by US forces in the Middle East in the summer.This is the story of the families of three crew members who were killed struggling to get answers and get the compensation they say they deserve.The story comes in a week of an unprecedented number of attacks on ships and crews in the Black Sea and Middle East.Read more: Final mobile messages reveal fears of seafarers killed in US missile attackRead more: Bulgaria stops search for missing seafarers after Russia strikes four Turkish shipsRead more: Greek tanker ablaze off Russia in Ukrainian sea drone strikeMatt Coyne and Irene Ang discuss events in the car carrier market as key carmakers in China order their own ships again and Norway’s Wallenius Wilhelmsen raises cash to fund another fleet expansion programme.Read more: Chinese auto giants line up $2.5bn haul to drive car carrier orders to new recordRead more: Wallenius Wilhelmsen completes $300m share sale amid talk for up to 12 newbuildingsHost and producer: Craig EasonAdditional reporting: Yannick Guerry, Matt Coyne, Irene Ang and Paul PeacheyA TradeWinds/DN Media Podcast Hosted on Acast. See acast.com/privacy for more information.

In this week’s episode:TradeWinds’ tanker correspondent, Matt Coyne, is in the studio to unravel yet more superlatives about the crude markets as geopolitics and turmoil feed into rocketing rates.Read more: Oslo-listed VLCC giants sitting on $2bn in paper profit on newbuildingsRead more: ‘Extraordinary’ tanker boom could last through next year, says ClarksonsWas it hacked or is there a disinformation campaign? We look at new cyber rules, an attempt to exaggerate a cyber hack on a ship and just how difficult it is in the cyber resilience market.Read more: Is there a cyber disinformation campaign targeting shipping?Holly Birkett is in the studio with the monthly edition of Granular, our regular look at a key area in the dry bulk market.Read more: Fertiliser will lose out to copper industry as sulphur shortage shifts trade flowsHost and producer: Craig EasonAdditional reporting: Matt Coyne, Holly Birkett, Yannick GuerryA TradeWinds/DN Media podcast Hosted on Acast. See acast.com/privacy for more information.

In this week’s podcast:Trafigura is bringing its VLCC tanker division, now called Volare Shipping, to the Oslo Stock Exchange with a planned IPO.Lucy Hine joins host Craig Eason to talk through the listing and how the tanker market has reacted.Read more: Trafigura launches $500m Oslo IPO for new VLCC spin-off Volare ShippingRead more: Volare Shipping sells $500m new shares boosting value to $1.2bn ahead of IPORead more: Trafigura banks $38m profit on sale of product tanker pairThe International Union of Marine Insurance held its annual gathering in Rotterdam this week. TradeWinds risk correspondent Paul Peachey talks to new IUMI president Sean Dalton and discusses key issues around the state of the insurance markets, war, chokepoints and the risks of car batteries.Read more: The open-and-shut Hormuz case gives war risk insurers the jittersRead more: Hull underwriters hit by rising costs and war lossesRead more: Idle ships in Gulf pose threat for maritime insurers when they start movingHost and producer: Craig EasonAdditional reporting: Yannick Guerry, Lucy Hine and Paul PeacheyA TradeWinds/DN Media podcast Hosted on Acast. See acast.com/privacy for more information.

In this week's Wavelength podcast.The spoils of war are revealed as listed shipping companies announce profits and dividends as charter rates continue to climb skywards.Any Pierce talks to host Craig Eason about the trends and how it could scare some investors off.Read more: War drives shipping’s biggest ever bull run as rates smash recordsRead more: Public shipowners shower $3.24bn in dividends on investors in peak quarterRead more: Record tanker markets scare off shipping investorsThe Houthis have made ground in broadening their reach and posing even more of a threat to Red Sea merchant traffic. Eric Priante Martin has been looking at the impact of the 'merchants of chaos'.Read more: ‘Merchants of chaos’: Experts say Houthis not likely to limit targets to Saudi ships after land grabRead more: US officials reportedly met with Houthis after advance to Bab el-Mandeb StraitAnd TradeWinds gas correspondent Lucy Hine has spent the week at Gastech in Bangkok getting a feel for the latest mood in the markets.Read more: LNG supply unlikely to catch up with sector’s fleet growth until late 2028, Vortexa saysRead more: Exmar stays hungry for FSRU business as company builds on its specialismsHost and production: Craig EasonAdditional reporting: Yannick Guerry, Andy Pierce, Lucy Hine, Eric Priante Martin.A TradeWinds/DN Media podcast Hosted on Acast. See acast.com/privacy for more information.

This week's podcast comes from Oslo OCean Days where regional and international shipowners convened to talk about the Gulf situation, market disruption and optimism about international talks to find a climate deal for shipping.We hear from Alexander Saverys, chief executive, CMB.Tech, Andreas Enger, boss of Hoegh Autoliners and Hing Chao, chairman, Wah Kong.Read more: Economic cracks showing as Strait of Hormuz chaos sends oil price soaringRead more: Shipowners philosophically against chokepoint tolls will pay them anywayRead more: ‘In a falling tide, you see who has been swimming naked.’ Major shipowners ready for downturnSveinung Oftedal, chair of the closed door IMO climate talks explains hy he is optimisitic that all sides of the net zero impasse will agree on a new dealAnd we have a snippet from the closing speech of Leif Hoegh, chairman of Hoegh Autoliners and board member Hoegh Evi with some philosophical thoughts as his family business closes in on its centenaryRead and listen more: Leif Hoegh: ‘If you do not take any risks, you do not learn anything’Host and producer: Craig EasonAdditional editorial from: Julian Bray, Paul Peachey, Yannick GuerryA TradeWinds/DN Media podcast Hosted on Acast. See acast.com/privacy for more information.