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Shrinking Oil Tanker Fleet May Deepen The Energy Crisis

{"Tags":["coal","energy crisis","russia sanctions"],"Categories":["News"],"Excerpt":"(Bloomberg) Russian seaborne coal exports were effectively halted by a European Union ban on entities within the 27-nation bloc servicing shipments of the fuel to anywhere in the world.

Oil Prices

Scottish maritime firm receives £2.2million equity injection to scale up oil analysis device

Fast-growing Scottish maritime technology company RAB-Microfluidics, is scaling up manufacturing of a disruptive new oil analysis device after receiving £2.2million in equity funding led by Par Equity.Aberdeen headquartered RAB Microfluidics is led by CEO Rotimi Alabi, a PHD graduate from Nigeria. The company has developed…

Free or cheap things to do in Panama City

Central Americas most cosmopolitan capital, Panama City has something for everyone, from world-class museums to trendy rooftop bars, fascinating history to phenomenal viewpoints, with wildlife-filled forests and sublime beaches right on the doorstep. While you may get more bang for your buck elsewhere in the region, there…

Bulgaria is set to assist Ukraine in moving cargo on the Black Sea

Black Sea region logistics was heavily affected after the beginning of the Russian-Ukrainian war and the following blockade of Ukrainian seaports.Shortly after the Ukrainian seaports have been blocked by Russian Navy forces, significant part of the container traffic enroute to Ukraine was directed to the neighboring port on the Black Sea Constanta, Romania.

Ship Recycling Market Starts Heating Up

After a long hiatus period, things are starting to heat up in the ship recycling market. In its latest weekly report, shipbroker Clarkson Platou Hellas said that increased optimism has returned to the market this week with various reports that the recyclers themselves have strong demand and desire to acquire any available unit that comes for sale…

BAE Systems PLC, SAAB AB, Rockwell Collins, Thales SA – ManufactureLink

The Multi Function Display Mfd Market research report provides detailed observation of several aspects, including the rate of growth, regional scope and recent developments by the primary market players. The report offers Porters Five Forces, PESTEL, and market analysis to provide a 360-degree research study on the global Multi Function Display Mfd market.

LNG

S&B ANALYSIS: Singapore August Bunker Sales Gain 1.1% on Year

August's volumes total slipped slightly from July's seven-month high. The average stem size last month was about 1,282 mt. The city-state's total demand reached to 4.1 million mt in August, according to preliminary data from the Maritime and Port Authority. The total was up by 1.1% from the same month a year earlier, but down by 0.1% from July's level.

Demand for FSRUs Soars as Europe Works to Cut Reliance on Russian Gas

Following Russia's invasion of Ukraine, European countries have escalated efforts to wean themselves off Russian gas. FSRUs increasingly are in demand to fill the gap.Following Russia's invasion of Ukraine, European countries have escalated efforts to wean themselves off Russian gas, citing a desire to avoid contributing to Russia's budget…

Worries of major oil spill increase after grounding of bulker off Gibraltar

After a bulker collision with an LNG carrier on August 30 off Gibraltar, the Gibraltar Contingency Council declared it major incident, as the hull of the bulker “OS 35” ruptured and leaks have been spotted in the area.The declaration focused all the resources on managing the emerging disaster while the neighboring port…

Potential for China-Russia cooperation in the Russian Arctic highlighted at forum

A view of fiords as they melt due to climate change near Svalbard Islands, in the Arctic Ocean in Norway on July 19, 2022.Photo:VCGAs the continued development of the Arctic Zone of the Russian Federation (AZRF) and Northern Sea Route (NSR) despite Western sanctions was highlighted at the Eastern Economic Forum (EEF) in Vladivostok on Tuesday…

Container Shipping and Logistics Experts Matson Joins SEA-LNG

SEA-LNG, the multi-sector industry coalition established to demonstrate the benets of the LNG fuel pathway for shippings decarbonisation, has today announced that a leading provider of ocean transportation and logistics services, Matson, is the latest organisation to join its membership. Matsons core values align well with SEA-LNGs…