Three conflicts converge: what does that mean for tanker rates?

SHIPPING is attempting to navigate three distinct, but increasingly overlapping conflicts at present. The resumption of Houthi violence in the Red Sea can be added to the ongoing Strait of Hormuz crisis and the Russia-Ukraine war in the Black Sea. This episode of the Lloyd’s List podcast brings you highlights from our weekly webinar, chaired by editor-in-chief Richard Meade, in which we discussed whether the Houthis really have the power or capability to attack ships en masse again, plus our senior reporter Greg Miller gives a comprehensive overview of how the tanker market is responding to the crises. Joining Richard on the podcast are: Bridget Diakun, maritime intelligence and research director, Lloyd’s List Greg Miller, senior reporter, Lloyd’s List Ian Ralby, founder, IR Consilium