Tanker market insights as Gulf conflict continues and UAE leaves OPEC

Tanker market insights as Gulf conflict continues and UAE leaves OPEC

In this episode:


As the Iran and US/Israeli ceasefire tentatively holds, so do the blockade of the Strait of Hormuz. Angelica Kemene, head of market and climate strategy at Optima Shipping Services joins Wavelength host Craig Eason to discuss the ongoing impact on the tanker market rates and how the UAE leaving OPEC could impact trades once the Strait of Hormuz opens.


Read more: Tanker market finds delicate balance as oil prices surge to multi-year highs

Read more: Oil surges as blockades set to cause months of disruption

Industry climate talks. have been continuing in London for the last two weeks with the sides seemingly well entrenched in their positions not putting talk of compromise into action. Can the net zero framework be saved? Or is it back to the drawing board. Craig talks to UCL professor Tristan Smith about the outcome of the two weeks and TradeWinds risk correspondent Paul Peachey is int he studio having been canvassing opinions in the corridors of the IMO over the last week


Read more: IMO chief urges nations to bridge gaps and clinch shipping decarbonisation deal

Read more: Don’t expect too much out of the IMO this week


And Holly is back with another episode of Granular, this time from Geneva Dry

Producer and host: Craig Eason

Additional reporting: Paul Peachey, Yannick Guerry and Holly Birkett

A TradeWinds/DN Media podcast

Hosted on Acast. See acast.com/privacy for more information.

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