Fleet replenishment oiler USNS John Lenthall (T-AO-189) refuels the tanker Maersk Peary during a replenishment-at-sea, Persian Gulf, 2016 (USN) Published Jan 24, 2023 2:39 PM by CIMSEC [By Stephen M. Carmel, MLL] The Department of Defense is projected to need on the order of one hundred tankers of various sizes in the event of a…
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Published Jan 30, 2023 1:53 PM by Erik Klein As the marine industry looks to decarbonize, with ambitious targets set by the International Maritime Organization IMO 2030 and IMO 2050, new fuels will be part of the solution. But which fuel will it be? Eric Klein, Sustainable Energy Systems, Siemens Energy, talks about how e-methanol…
in Dry Bulk Market,Hellenic Shipping News Demand for seaborne coal cargoes could take a hit during 2023, exerting pressure on the dry bulk market as a whole. In its latest weekly report, shipbroker Intermodal said that “China’s coal imports from January to October were 230.1m mt, a decrease of around 10.7% y-o-y (2021 totalled 323.2m…
Published Dec 8, 2022 9:44 PM by Bruce Mills Port calls represent a major opportunity for optimization. A study on container ships, conducted by Wärtsilä Voyage, found that on average vessels spent around 6 percent of their time – that’s 22 days a year – waiting at anchorage for a berth. This results in extra fuel consumption,…
Published Dec 9, 2022 12:44 PM by The Strategist The World Trade Organization last week ruled that Indonesia had no right to ban the export of nickel or to require that raw nickel ore be refined in Indonesia. Handing a comprehensive victory to the complainant, the European Union, the WTO decision highlights the clash between national security…
Highlighting an obvious issue, shipbroker Gibson attempts to shed light on how will the latest round of sanctions on Russian oil trade, be implemented? In its latest weekly report, shipbroker Gibson said that “with just over 5 weeks to go until the European Union’s ban on Russian crude oil imports come into effect, companies are…
Despite the latest developments regarding Russia’s pulling out from the UN grain deal, it seems that the seaborne grain trade’s fundamentals are favorable for ship owners. In its latest weekly report, shipbroker Intermodal said that “global grain trade is extremely tight, facing headwinds from the ongoing war in Ukraine, US river woes, parched fields in…
Published Nov 2, 2022 1:13 PM by The Maritime Executive Russia announced today that it would resume its participation in the gain deal permitting bulkers to transport foodstuffs from three Ukrainian ports. The reversal came four days after Russia said it was suspending its participation accusing Ukraine and the west of using the humanitarian corridor…
PUBLISHED OCT 16, 2022 12:42 PM BY THE CONVERSATION The U.S. experienced 15 disasters in the first nine months of 2022 that each caused at least $1 billion in damage. Hurricane Ian is taking the largest toll of these disasters by far – but the extent of the damage could take years to calculate with…
QatarEnergy is working to expand its gas production and trading operations as global demand surges and will not divert liquefied natural gas (LNG) contracted with Asian buyers to Europe this winter, CEO Saad al-Kaabi said on Tuesday. Qatar is already among the world’s top LNG exporters and several European states, facing a spike in energy…
