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Tanker markets rocketing, dark fleet gets darker, ‘green corridors’ questions and seismic Baltic tweeks
24:37In this episode US Bureau Chief Eric Priante Martin looks at the bullish tanker markets who are reaping the benefits of a solid market.We visit the TradeWinds Shipowner Forum in Singapore where discussions turned to possible impact of elections (think 2nd term of Trump in the US) on shipping markets, and also at the whole idea of green corridors and they they my be flawed.Then back to the tankers market and the growing dark fleet taking oil cargoes from Russia, Venezuela etc in contravention of sanctions and price caps. We look at the numbers with Windward.Yannick Guerry on the TW news desk brings us upto speed with other news this weekHosted by Craig Eason
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Marine insurers' upset with Russia price cap regime, hundreds of gas carriers on order, are we still decarbonising. Carnival's big gas bet
25:06This week's episode of TradeWinds Wavelength: Sanctions and the oil price cap, a UK Parliamentary inquiry into them wants to see what is working and what is not. Marine insurers and P&I clubs have an idea. The huge LNG orderbook train rumbles on, but why when the world should be weaning itself off fossil fuels and why Carnival says LNG is its fuel of choice.Laissez-faire about climate, focused on profit? containers and car carriers. The threats to whistleblowers
20:41In this episode Eric Priante Martin has been talking to US-listed shipowners about their priorities, and the lack of pressure they have to decarbonise their operations.We delve into the car carrier markets with news that the Aponte led MSC has made a grab for Gram Car Carriers.And Holly Birkett goes to Chirp to talk safety and the real fears whistleblower still have of reporting anything.Other news mentioned:Norden profits dentHouthi launch fresh attacks in Red SeaGreece v GermanyGenco boardroom brawl, cargo owners sign on the line to pay extra to get clean ocean supply chain
19:06This week the TradeWinds news team look at boardroom brawl at listed bulk operator Genco. At the TradeWinds Shipowners Forum USA in New York, Joe Brady asked Genco chief executive John Wobensmith what has been going on. Also on the Forum Us Bureau chief Eric Priante Martin heard from shipowners about the impact of geopolitical tensions and in Singapore Craig Eason spoke to Zemba, the cargo owners alliance which has said it will pay extra for cargoes to be shipped green, and have signed a contract to do so. Show host: Holly BirkettNYSE gets excited over new tanker shipping stock, Copenhagen's musical executive chairs, and Asia's new building slot gamble
25:48TradeWinds' NY correspondent Joe Brady talks us through recent IPO of Hafnia on the NYSE and what this implies for both NY and Oslo. Holly Birkett is back from Copenhagen where she found a swather of senior shipping names are moving about like its a football transfer window, and Lucy Hine has the update on the surge in newbuilding orders in Asia as cash rich owners place their bets.Hosted by Craig Eason.Links to storiesIs bad fuel to blame for the Dali accident? How are the crew on the ship? And can the Baltic Exchange get more investors interested in shipping?
17:48The investigation continues into what caused the blackout of the containership Dali and how it led to the collapse of a major road bridge in Baltimore, but how are the crew doing? and are fuel impurities a cause of the blackout and power issues before the vessel even left port?We also discuss the Baltic Exchanges new indices and how they may or may not bring more finance into shipping.Steps closer to decarbonisation, Norway's shipowners get taxed, drybulk buyers hit by bubble and the unknown Jones Act
20:43In the TradeWinds Wavelength podcast this week we update you on the IMO talks about decarbonising the industry, ask if shipowners are being hounded out of Norway, examine the dry bulk bubble which may soon burst, and discover that the Jones Act is not what American’s think it is.Find them ON Tradewindnews.comIMO updatesIMO results opinionNorwegian shipowner tax woesDrybulk bubblesWhy you don't know your Jones Act