❗️I’ve moved job ❗️
From today, I’ll be covering global shipping and industry still for the @FT
Quite a week to start covering shipping so very open to any tips, tricks and guidance: [email protected]
I’ll be returning from Brussels to London as of April 🇬🇧
Iran has listed 46 vessels that it says are "non-compliant" with its rules for transiting the Strait of Hormuz.
Those listed are mostly ships deployed on shuttle runs for oil and gas in and out of the Gulf.
TBC whether Iran's threats will put them off.
https://t.co/D4Pl2cTydc
Meanwhile in tanker world, asset prices are nearing record highs as owners buy ships to take advantage of rocketing freight rates in the Middle East.
And, interestingly, Gulf countries buy up more ships to gain better control of their exports: https://t.co/OFO5ptgW0Z
The shipping container is just a simple steel box that can carry around 120,000 bananas.
Yet it has transformed global trade, enabled China's manufacturing dominance - and is now pushing the global shipping network to its absolute limits:
https://t.co/2RdmZHT8H2 @pmdfoster
Red Sea, Black Sea, Hormuz, Panama Canal, Rhine…
War and climate change are driving a “freight rate boom” for shipping around the world: https://t.co/zxFzwlNkF5
The Caruzo, a 28-year-old tanker sanctioned by EU and UK governments, sailed out of the Black Sea through the Bosphorus on Tuesday with anti-drone nets and stackable water tanks hung off its sides, according to footage filmed by shipping analyst @YorukIsik.
On the Russian ghost fleet tankers using ‘Mad Max’ nets to fend off Ukraine’s drones, w/ @alicemhancock.
https://t.co/PI5Me3itWB
Prices for the busiest shipping lanes in the Panama Canal are rising, with a transit slot averaging about $1.1mn so far this month, more than 16 times the average price for the same period last year. https://t.co/ryx7qiDppn?
Arctic sea ice is melting at record rates, opening up a route for Chinese shipping companies to reach Europe in half the time via an ‘Ice Silk Road’
https://t.co/E9TwVRDhsF @FT
When we talk about shadow fleets, we usually mean oil. But Russia has quietly been assembling one for LNG ahead of the EU import ban — a “unique phenomenon”, since no other country has needed to do so before
with @alicemhancock
https://t.co/Zv85u8m8t0
It appears that Iran has taken a third ship if satellite imagery is to be believed... This time belonging to the Greek shipping company Dynacom:
https://t.co/s9gWTrEFuB
Donald Trump vows to attack Iranian nuclear facility as Middle East war escalates https://t.co/I2i2QzlCY2 via @financialtimes w Steff Chavez, @alicemhancock & @SJFindlay
"Carve-outs for corporate champions threaten EU’s Russia sanctions drive" — Financial Times
By @HenryJFoy, @alicemhancock & Chris Cook
@FT — Monday 20 July 🗞️
The paper focuses on the internal diplomatic friction within the EU, highlighting how national economic interests are being prioritised over collective geopolitical goals.
#EU #Russia
The EU is facing a collapse in support for new economic sanctions targeting Russia as national capitals refuse to back measures that could damage their corporate champions, diplomats have warned. @henryjfoy@alicemhancock and @xtophercook report: https://t.co/lW1bThBnXW
Ukraine is struggling to ship grain via the Black Sea as Moscow steps up strikes on commercial vessels in retaliation for a week of heavy attacks by Ukraine on Russian shipping, @alicemhancock, @SavageSusannah and @polinaivanovva report.
https://t.co/qdhhuAtNL6
NEW: Dubai plans new port to bypass Strait of Hormuz in the latest sign of this crisis having much longer term impacts for trade and shipping:
https://t.co/GgthmrqqaM with @NicolasParasie and @cornishft via @ft
Lovely visual piece about transformers from @upyorkshire and the @FT visual team...
A century-old device that is holding up progress on AI:
https://t.co/haodIa5cxc
Ukraine has sharply escalated its campaign against Russian merchant shipping in the Sea of Azov, stepping up efforts to disrupt fuel supplies to occupied Crimea. Kyiv’s military on Tuesday hit 8 small fuel tankers supplying the peninsula. @alicemhancock
https://t.co/f1IJwNiF2E