Seaborne

Grain export deal could lead to reopening of 65% of Ukraine’s maritime capacity

Written by Nick Blenkey Before Ukrainian grain exports can resume, sea mines will have to be cleared. [Romanian Navy photograph] There are at least some encouraging signs that maritime grain exports from Ukraine could resume in a few days. Under a deal Turkey brokered on July 22, bulk carriers will be escorted to ports through […]

Seaborne

Rising international trade by sea should support growth

The global Marine Oil Market is likely to register a steady CAGR during the assessment period of 2020-2030. The growth can be mainly attributed to the increasing demand from various end-use industries, especially from regions such as East Asia where the most lucrative prospects are likely to be offered to the stakeholders. However, the market […]

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Sri Lankan president seeks escape by sea after airport standoff

COLUMBUS: The Sri Lankan president was planning to use a navy patrol boat to flee the island on Tuesday after a humiliating confrontation with immigration at the airport, official sources said. Gotabaya Rajapaksa vowed to step down on Wednesday and pave the way for a “peaceful transition of power” following widespread protests against him over […]

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Oil trade; Asia imports more Russian oil transported by sea than

Nearly four months after Russia invaded Ukraine, Russian Urals crude has seen a shift in flow from its traditional market in Europe to Asia. Since the beginning of the war, based on the average of March to May 2022, Indian imports of Urals crude have increased by 658% compared to 2021 levels, while for China, […]

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Russian oil exports by sea may find ways to circumvent EU insurance ban: sources

Some shipping sources are unconvinced that an EU insurance ban will prevent shipowners from seeking Russian barrels as more distant alternative insurance providers remain an option, they said on June 15. Tanker owners also take advantage of exorbitant freight rates for trips out of Russia, as that oil still finds homes despite a barrage of […]

Seaborne

BHIC bullish on maritime trade

KUALA LUMPUR: Boustead Heavy Industries Corp. Bhd (BHIC) sees better prospects in 2022 amid improving and favorable economic conditions, the government’s commitment to safeguarding national defense and security, and a strong order book. In a statement yesterday, BHIC Managing Director Sharifuddin Md Zaini Al-Manaf said the group was optimistic in view of the increase in […]

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Russian oil production up 5%; Maritime exports up 9.5%

Russia’s oil production rose nearly 5% in the first half of June from May, the Interfax news agency reported on Tuesday, citing a source familiar with the production statistics. Average daily oil production, including condensate, was 1.46 million tonnes in the first 13 days of June, 68,000 tonnes above May levels, the news agency reported. […]

Seaborne

Maritime iron ore trade down in first four months of 2022 as Chinese demand declines

SIron ore trade has fallen 2% so far in the first four months of 2022 as Chinese demand has not been as strong. In a recent weekly report, shipbroker Banchero Costa noted that “global iron ore loadings in the full 12 months of 2021 increased by +0.7% year-on-year to 1,555.3 million tonnes , according to […]

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Remembering the greatest seaborne invasion in history

A landing craft approaching Omaha Beach, 6 June 1944 (USN) Posted on June 6, 2022 at 12:15 a.m. by The Maritime Executive June 6, 2022 marks the 78th anniversary of the launch of Operation Overlord, better known as D-Day. The beach landings in Normandy, France, […]

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Global maritime coal trade fell by 4% in the first four months of 2022

Oith the return of coal as a major energy source, it is worth examining the situation of the major coal exporters and the maritime coal market in general. In its latest weekly report, shipping broker Banchero Costa said that “after a disastrous 2020, with the world hit by lockdowns and recession just about everywhere, global […]

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Central US could face power outages during peak summer demand

Expectations of higher electricity demand this summer and possible supply cuts have raised concerns that the Midcontinent Independent System Operator (MISO) balancing authority will face tight reserve margins for the peak of summer demand, the EIA said on Friday. Balancing authorities must ensure that wholesale electricity markets have sufficient electricity generation capacity to meet consumer […]

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EU bans Russian oil transported by sea to intensify changes in trade flows

The EU has agreed to ban imports of Russian oil by sea, accounting for more than two-thirds of Russian crude deliveries to the bloc, in a move that is expected to further reshape global energy flows and add to price pressures as buyers are looking for alternative supplies. Brent futures for August rose 1.6%, or […]

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China’s sabbatical in maritime coal market hints at focus on self-reliance

Even though China’s reliance on coal-fired power isn’t expected to decrease anytime soon, indications from data and policymakers suggest that the world’s largest coal producer and consumer may be actively seeking to meet the majority of its needs thanks to national production. China has shown its determination to increase its national coal production this year […]

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The Commodities Feed: EU bans Russian oil imports by sea

EnergyEU members eventually agreed to a ban on Russian oil. However, the deal has been significantly watered down from the original proposal. Instead of targeting all imports of Russian crude oil, the EU will ban imports of Russian maritime crude oil for the next 6 months. This would make it possible to ensure the supply […]

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Marine propeller market worth $5.68 billion by 2029

Fortune Business Insights The companies covered in the marine propeller market are AB Volvo (Sweden), Brunswick Corporation (USA), Kongsberg Gruppen (Norway), Mecklenburger Metallguss GmbH (Germany), Bruntons Propellers Ltd. (UK), Hyundai Heavy Industries Co., Ltd. Korea), Kawasaki Heavy Industries, Ltd. (Japan), MAN SE (Germany), NAKASHIMA PROPELLER Co., Ltd. (Japan), Rolls-Royce plc (UK), SCHOTTEL Group (Germany), Michigan […]

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China launches world’s first AI-powered marine drone carrier

China last week launched the world’s first maritime drone carrier capable of operating on its own. The 290ft vessel will transport, launch, recover and coordinate the actions of more than 50 other autonomous air, surface and underground vehicles. Named Zhu Hai Yun, construction of the ship in Guangzhou by Huangpu Wenchong Shipyard, a subsidiary of […]

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DARPA launches maritime heavy-lift aircraft project

The Defense Advanced Research Project Agency (DARPA) has spear a long-range heavy-lift marine aircraft project. The Liberty Lifter project aims to integrate the heavy and high-speed airlift capabilities of today’s transport aircraft without the need to take off and land on a runway. Offers operational flexibility With no required runway and port facilities, the aircraft […]

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Seaborne Oil, a lifeline for German and Polish refiners

Oil transported by sea has thrown a lifeline to refiners in eastern Germany and Poland, with non-Russian deliveries to the Polish port of Gdansk hitting at least seven-year highs this month as that they turn away from Russian supplies. Imports booked for May in Gdansk from Egypt, the United States, Norway, Britain and West Africa […]

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The global ISO tank container market will be boosted by the increase in maritime trade due to its convenience during the forecast period 2021-2026

Expert Market Research’s new report titled ‘Global ISO Tank Container Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global ISO Tank Container market, assessing the market based on its segments such as mode of transportation, container type, application and major regions. The report tracks the latest industry trends and studies their impact […]

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Indian buyers pay high prices for marine thermal coal as stocks fall and demand rises

Indian thermal coal buyers have started paying sky-high prices to import the fuel, unlike the traditional low-cost buying model, as domestic stocks near critical levels amid soaring demand for fuel. summer electricity, sources told S&P Global Commodity Insights April 28. Several exchanges to India for 4,200 kcal/kg of GAR coal of Indonesian origin were concluded […]

Seaborne

EU LNG maritime imports are increasing at a breakneck pace

Jhe rate at which the EU has imported LNG by sea has been enormous since the beginning of the year, due to the situation in Ukraine. In a recent report, shipping broker Banchero Costa said that “in 2021, the European Union (27) was the world’s third largest maritime importer of LNG, with a share of […]

Seaborne

Oceanside’s Seaborne cafe floats my boat

Where: Seaborne Coffee, 332 S Coast Hwy, Oceanside, CA 92054 What: Batch Brew Black Coffee: Single Origin Guatemala from Revolution Roasters Tasting notes: hazelnut, milk chocolate, creamy Price: $3.52 after tax What I listen to: Fruit Bats, “Cazadera” The threat of rain mingles with the musk of the marine layer of fog. Clouds waver over […]

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China’s coal imports in March rebound after two years of low and expensive sea cargo weights

China’s coal imports rebounded in March from a two-year low in February, but were still 40% lower than the corresponding period last year, as buyers turned away from expensive imports and turned to the domestic supply at capped prices. The world’s largest consumer of coal, China imported 16.42 million tonnes of coal last month, data […]

Seaborne

ArcticInfo ‒ A digital service for safer maritime travel in the Arctic

ArcticInfo ‒ A digital service for safer maritime travel in the Arctic ArcticInfo provides important information about Arctic navigation conditions, supporting decisions for safer navigation in Arctic waters. Map-based and accessible to everyone, ArcticInfo covers large areas off the coasts of Norway, Iceland, Russia, Canada and Greenland, as well as the Barents Sea and the […]

Seaborne

China’s maritime thermal coal demand set to rebound on summer storage, railway maintenance

Demand for China’s maritime coal is expected to increase in the near term as domestic buyers seek supplies ahead of the summer and railway maintenance is expected to hamper the supply chain in April, sources said. market at S&P Global Commodity Insights. Expectations for an increase in thermal coal demand come at a time when […]

Seaborne

The restaurant pontoon for maritime customers is a new threat to the coastline

The Beef Bar restaurant on the Dawret il-Gżejjer promenade in Bugibba is applying for permits for three single point moorings and a 15m long floating pontoon for the foreshore next to the Serena lido. Although not designated a bathing area, the seabed is part of a larger marine protected area and the rocky foreshore is […]

Seaborne

Maritime trade with Russia drops by 58% since the start of the invasion of Ukraine

Maritime trade with Russia has fallen 58% since the invasion of Ukraine began 22 days ago, new data from financial data provider Refinitiv reveals as images emerge of empty shelves in many cities of the largest country in the world. Sanctions are clearly working and the dangers inherent in approaching the war zone – with […]

Seaborne

China’s iron ore port discount to maritime prices drops in March as import demand declines

China’s iron ore port price discount to maritime prices narrowed by $5.87/mt in one month and is expected to continue to decline in the second half of March amid weaker maritime demand than expected. forecast, despite high inventory levels in major Chinese ports and expectations. a recovery in domestic steel production in the second quarter. […]

Seaborne

Crisis in Ukraine diverts attention from major trends in maritime LNG market, analyst says

March 10, 2022 Using Value of ships data, Vivek Srivastava, Senior Trade Analyst, explores rising global gas prices amid events unfolding between Russia and Ukraine. “The Ukraine crisis has sent global gas prices skyrocketing, but there may be larger forces at work in the maritime LNG market,” Srivastava said in a VesselValue statement. LNG volumes […]

Seaborne

High marine thermal coal prices increase the risk of renegotiations and buyer defaults

High sea thermal coal prices following Russia’s invasion of Ukraine increased the risk of contract default by price-sensitive buyers in Asia, as index values ​​rose significantly amid global supply shortage, market sources told S&P Global Commodity Insights on March 7. Since the contracts are linked to the index and the index values ​​have increased for […]

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China eyeing non-ferrous metal exports as shipping prices soar in Ukraine dispute: sources

Some China-based non-ferrous metal producers and traders are looking for export opportunities after maritime prices rose sharply due to the Russian-Ukrainian conflict, while losses widened on imports, sources said. industry on March 4. China’s domestic prices for non-ferrous metals, such as aluminum, alumina, copper and nickel, have not kept up with rising maritime prices after […]

Seaborne

Russian maritime LNG exports reached 30.3 million tons

Jhe current situation in Ukraine has a direct impact on maritime transport markets, with Russian maritime exports being driven out of the market. In its latest weekly report, shipping broker Banchero Costa said that “Russia is the world’s fourth largest maritime exporter of liquefied natural gas, after Qatar, Australia and the United States. In calendar […]

Seaborne

Russia’s maritime gas supply to Europe disrupted by looming port bans

Russian liquefied natural gas (LNG) supplies to Europe have been disrupted by uncertainty over whether ships can offload cargo in European ports due to sanctions imposed on Moscow, ship tracking data shows and commercial sources. The disruption comes at a time when Europe is facing record natural gas prices due to a tight supply that […]

Seaborne

Port of Hamburg sea freight recovers in 2021

After the slowdown of the previous year caused by the corona pandemic, in 2021 the trend of sea freight throughput in the port of Hamburg was more positive than expected. This totaled 128.7 million tonnes, almost 2% more than the first year of the corona pandemic. At 8.7 million TEUs (standard 20ft containers), container handling […]

Seaborne

SBMA Bullish on Subic Sea Trade

The Subic Bay Metropolitan Authority (SBMA) expects a stronger position in regional maritime trade this year following the first call in Clark Freeport on Wednesday, February 23, 2022, from maritime giant Mediterranean Shipping Company (MSC), as well as relaunches the port visit of the Taiwanese shipping company Wan Hai. SBMA President and Administrator Wilma T. […]

Seaborne

Firm Asian thermal coal prices and high freight have hurt shipping deals with the ancient Chinese

Firm marine thermal coal prices and volatile freight rates have dampened interest from former Chinese markets in Asia such as Thailand, Vietnam and India, market sources told S&P Global Platts. These markets are expected to return in March on the expectation that prices and freight will ease for purchases in April. Prices rose after Indonesia’s […]

Seaborne

China’s new Russian crude futures deal unlikely to hurt maritime flows

Russia’s new crude oil pipeline deal is unlikely to significantly dent seaborne flows to Asia’s top oil consumer, but it will help build larger strategic oil reserves in the northwest and will give refiners in the region the confidence to increase throughput, analysts said Feb. 8. The deal, which comes at a time when oil […]

Seaborne

Global maritime trade volumes are expected to increase by 3.4% this year

Global maritime trade volumes have returned to pre-Covid levels and are on track to grow 3.4% this year, according to new data and forecasts from Clarkson Research Services. The amount of cargo shipped by sea last year rebounded 3.4% in terms of tonnes and ton-miles, with volumes totaling 12 billion tonnes, returning to 2019 levels […]

Seaborne

Russia’s flagship maritime oil exports set to slump

Exports of Russia’s flagship crude oil from its Baltic Sea ports are set to fall in February to the lowest level in five months, at a time when Russia would also struggle to increase oil production as much as its OPEC+ quota. permits. . Russia is expected to ship from its Baltic ports next month […]

Seaborne

Rise in maritime trade due to increase in trade relations and economic growth to increase the market for marine spreader lights

Marine Spreader Lights Market Research, Key Players, Growth Analysis and Forecast 2022-2032 ROCKVILLE, MARYLAND, USA, Jan. 20, 2022 /EINPresswire.com/ — 250-page market research conducted on the marine spray lights market by Fact.MR, a market research and intelligence provider competitive, offers vital insights into key factors and its consequent impact on the demand and sales of […]

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Maritime traffic on the Northern Sea Route as of December 17 exceeds 33.5 million tonnes

Volume is expected to exceed 34 million tonnes by year-end results The volume of maritime traffic on the Northern Sea Route (NSR, Sevmorput), as of December 17, 2021, reached more than 33.5 million tonnes, Rosatom said. The figures are based on freight traffic statistics provided by the Maritime Operations Headquarters, Atomflot (part of the National […]

Seaborne

State-of-the-art Russian helicopter carriers will provide flight deck for maritime drones – Army & Defense

MOSCOW, December 14. /TASS/. Project 23900 multi-purpose amphibious assault ships Ivan Rogov and Mitrofan Moskalenko currently under construction at the Zaliv shipyard in Kerch on the Crimean Peninsula will be adapted to carry attack and reconnaissance unmanned aerial vehicles, said a shipbuilding industry source told TASS on Tuesday. “In addition to carrying a maritime helicopter […]

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State-of-the-art maritime platform being developed to carry deck-based drones – Military & Defense

MOSCOW, December 13. /TASS/. Russia is developing a state-of-the-art navy platform that will serve as a flight deck for tactical and reconnaissance unmanned aerial vehicles, a shipbuilding industry source told TASS on Monday. “Today, work is underway to design a multi-purpose platform for the Navy to carry large numbers of tactical drones and unmanned aerial […]

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Column: China and India solve local coal supply, but maritime prices remain high: Russell

An excavator sifts through low-grade coal dunes near a coal mine in Pingdingshan, Henan province, China November 5, 2021. REUTERS/Aly Song Join now for FREE unlimited access to Reuters.com Register LAUNCESTON, Australia, Dec 13 (Reuters) – China and India appear to have largely resolved their domestic coal supply problems, but their success in boosting production […]

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Demand for maritime LPG is higher this year despite a mixed picture from one region to another

The global LPG maritime trade has improved this year, which has helped LPG shipping companies. In its latest weekly report, shipping broker Banchero Costa said “Global LPG trade has remained fairly positive so far in 2021, despite the global impact of COVID-19. Even in 2020, total LPG imports by sea increased + 0.9% year-on-year to […]

Seaborne

Engineers teach marine robots to navigate ocean currents

Engineers from the California Institute of Technology (CalTech) have developed an AI algorithm to help an autonomous drone swim, using ocean currents to aid its navigation. Eventually, these marine robots could explore the oceans of Earth and other worlds, such as Europe, by monitoring the conditions of environments inaccessible to humans. “When we want robots […]

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China redraws the maritime LNG map and turns to America for supplies

China redrew the map of global LNG trade by sea this year, dismissing trade disputes with America, to dramatically raise the overall ton-mile scenario for LNG carriers, which have achieved record gains more than $300,000 a day in the past month. The United States is now China’s second largest LNG supplier, having overtaken Qatar, Malaysia […]

Seaborne

Maritime coal trade increases in 2021 with the emergence of new routes

SThe airborne coal trade has reversed the downward trend of the past two years, with 2021 being in positive territory so far. In a recent weekly report, shipping broker Banchero Costa said that “2021 continues to see a steady but consistent recovery in demand for coal and therefore trade as well. During the first 10 […]

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Marine diesel trades ready for recovery

Global gas oil and diesel markets are tightening at an “alarming” rate, with supply shortages now hitting key consumer markets around the world, according to a new report from Alphatanker. U.S. refined product markets tightened well ahead of other key consumer markets, largely because U.S. refinery throughputs struggled to rise above average levels after a […]

Seaborne

Port of Hamburg reports growth in ocean freight handling

In the first three quarters of 2021 The German port of Hamburg recorded a 2.9% increase in sea freight throughput, reaching 95.8 million tonnes in the first nine months of 2021. However, the port warned that international transport chains would continue to be unstable for the remainder of the year, with global container ports experiencing […]

Seaborne

Danish Ship Finance warns of slower growth in maritime trade volumes next year

Danish Ship Finance has released its latest semi-annual report on shipping markets with plenty of projections for shipping to digest. Danish Ship Finance analysts expect maritime trade volume growth to slow in 2022 to 3% from 4% this year, with no support expected from longer travel distances. Container, dry bulk, product and gas tanker volumes […]

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A maritime adventure | Daily News

Sri Lanka is an incredible island blessed with so much natural beauty. This lush beauty adorns our provinces, giving each province its own appeal. During a visit to Jaffna two weeks ago, I had the privilege of embarking on a rewarding but long journey to witness the wild charm of some lesser-known and visited islands, […]

Seaborne

Dry bulk market: the resumption of trade in coal by sea in 2021

VSCoal exports have experienced a significant recovery so far in 2021, contributing to the recovery of the dry bulk market, despite the recent correction. In its latest weekly report, shipping broker Banchero Costa said that “2020 has turned out to be a really terrible year for the global maritime coal trade. In 2021 things started […]

Seaborne

Global Shipbuilding Market Forecast 2021-2025: Increased Maritime Trade, Increased Use of AI, and Accelerated Maritime Tourism

Dublin, October 29, 2021 (GLOBE NEWSWIRE) – The “Global Shipbuilding Market: Size and Forecast with Impact Analysis of COVID-19 (2021-2025)” report was added to ResearchAndMarkets.com offer. The global shipbuilding market has grown significantly in the years 2016-2019 and projections are made that the market will grow hugely in the next four years i.e. 2021-2025. The […]

Seaborne

Increased maritime trade, increased use of AI and acceleration of maritime tourism

Dublin, October 29, 2021 (GLOBE NEWSWIRE) – The “Global Shipbuilding Market: Size and Forecast with Impact Analysis of COVID-19 (2021-2025)” the report was added to ResearchAndMarkets.com offer. The global shipbuilding market has grown significantly in the years 2016-2019 and projections are made that the market will grow hugely in the next four years i.e. 2021-2025. […]

Seaborne

Maritime hydrogen trade could reach 150 million tonnes by 2050, Auto News, ET Auto

About 150 million tonnes will be traded in the maritime market, of which 55% of import demand is expected to come from Northeast Asia, he said in a report on the so-called low-emission hydrogen. carbon released Thursday. Hydrogen could account for around one-third of global marine energy trade by 2050 from zero, as countries see […]

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WORLD: SKU: Multi-fuel future could mark the end of low-cost maritime trade – Bunkerspot

A new technical report released by the Union of Greek Shipowners (UGS) suggests that the shift to a multi-fuel future “could in fact herald the end of low-cost maritime trade and its mainstay, the international bulk transport model. /tramp”. Published last week, the report, Technical aspects related to the decarbonisation of the maritime sector, which […]

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PH to step up maritime patrols – Manila Bulletin

The Philippine government will step up maritime patrols through a strengthened partnership between the Bureau of Fisheries and Aquatic Resources (BFAR) and the Philippine National Police (PNP). The BFAR of the Ministry of Agriculture and the PNP Maritime Group (PNP-MG) have signed a Memorandum of Understanding (MOA) granting PNP personnel the right to embark on […]

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The Pakistani maritime sector is the foundation of the national economy amid 90% maritime trade: the head of the navy

ISLAMABAD, (UrduPoint / Pakistan Point News – September 29, 2021): Naval Chief of Staff Admiral Muhammad Amjad Khan Niazi on Wednesday said the maritime sector is the backbone of Pakistan’s economy because 95% of its trade was carried out by sea. The Chief of the Navy in his message on the occasion of World Maritime […]

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As maritime migration skyrockets, Spain rushes to save six boats off the Canary Islands

Spain’s coast guard on Wednesday sent rescue ships to help six drifting migrant boats off the Canary Islands, amid an increase in maritime migration that has seen thousands make the dangerous crossing of Africa to the Atlantic archipelago. Emergency services rescued 38 North African men from a first boat off Lanzarote after receiving a call […]

Seaborne

As maritime migration soars, Spain rushes to save six boats off Canary Islands – SABC News

Spain’s coastguard dispatched rescue vessels on Wednesday to help six migrant boats drifting from the Canary Islands amid a wave of maritime migration that has seen thousands of people make the dangerous crossing from Africa to the archipelago of the Atlantic. Emergency services rescued 38 North African men from a first boat off Lanzarote after […]

Seaborne

Global maritime imports up 5.5% in the first seven months of 2021

SThe strong LPG trade, along with LPG imports from India, significantly helped propel LPG transport companies in the first half of the year. In its latest weekly report, shipping broker Banchero Costa said that “global LPG trade remained fairly positive in 2020, despite the global economic impact of COVID-19, and increased sharply in the first […]

Seaborne

Dorian LPG Says US Exports Drive Global LPG Supply by Sea to Increase in Q2

Dorian LPG Ltd. said global maritime supplies of liquefied petroleum gas increased in the quarter ended June 30, due to increased exports from the United States. On the market: “The global supply of LPG by sea increased by approximately 1.5 million tonnes in the second calendar quarter of 2021 compared to the first calendar quarter […]

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Global trade in coal by sea in 2021 will increase by more than 5% after the 2020 crisis: Assocarboni

Global maritime trade volumes of coal in 2021 are expected to increase by more than 5% from 2020, with a further increase for 2022 despite decarbonization programs, according to Assocarboni, the General Association of Coal Operators, according to forecasts. May 10. “Maritime trade will start to grow again: a 5% increase in volumes traded is […]

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Specialized police units to protect world leaders from maritime threats as G7 arrives in Cornwall | UK News

Specialized maritime police units of around a dozen forces in England will join the Devon and Cornwall Police next month to protect world leaders from maritime threats. Officers – some armed – will patrol the waters of Carbis Bay on the north Cornish coast during the G7 summit from June 11-13. Sergeant Andrew Joyner of […]

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Steel margin expansion pushes shipping iron ore prices to record high

The Platts 62% Fe Iron Ore Fines Index hit a record high of $196.85/mt dry CFR North China, 85 cents higher than the previous high set in February 2011 of $193/mt, in the continuation of the price strength displayed in the first quarter. 2021 with high steel production and rising margins in China driving demand […]

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Uzbekistan sees Pakistani port of Gwadar as gateway for maritime cotton exports

Uzbekistan, one of the world’s largest cotton exporters, sent a high-level delegation earlier this week to the Chinese-owned port of Gwadar in Pakistan to seek logistics opportunities that could help it export. its cotton, the Global Times has learned. Analysts said the move highlights the potential strong demand from countries for an international public facility […]