War, global trade and risk

This is episode 100 of the Wavelength podcast and published in the midst of turmoil and uncertainty in shippingIn this week’s episode:The impact on shipping of the attacks by the US and Israel on IranWe look at the potential lack of planning by the Trump Administration to take into account how Operation Epic Fury will impact shipping and global tradeRead our full coverage hereMatt Coyne talks about how VLCC rates skyrocket on the back of conflict and crude oil shortage.Read more: ‘All about war’ for VLCCs as Embiricos nears record-setting $700,000 per day fixturePaul Peachey reports that vessels heading to or in the Gulf region can not get war risk insurance are not true. He also talks to the IMO secretary general about seafarers stuck in the Gulf.Read more: Strait of Hormuz insurance cover available to shipping, insists London marketEuropean Commission revealed its broadest ever plan to invest in shipping and the maritime industries. We get the response from European Shipowners secretary-general Sotiris Raptis.Read more: EU aims to anchor Europe as ‘leading waterborne continent’Producer and host: Craig EasonAdditional editorial input: Julian Bray, Matt Coyne, Paul Peachey, Yannick GuerryA TradeWinds/DN Media podcast Hosted on Acast. See acast.com/privacy for more information.