As Middle East crude oil exports are a vital part of the tanker market, it’s worth taking a look at the latest market fundamentals. In a recent weekly report, shipping broker Banchero Costa said that “Kuwait is the fourth largest exporter of crude oil to the Middle East after Saudi Arabia, Iraq and the United […]
Strong points Global prices hit multi-year highs as demand recovery outpaces supply Shipping issues support high prices Chinese domestic prices are now trending lower than some maritime prices The overheating of international prices is a concern Singapore — According to data from S&P Global Platts, prices for scrap metal transported by sea have […]
VSTrade tensions between China and Australia, which have led to disruptions in the coal trade, still so important to the dry bulk market, could potentially lead to more long-haul charters. For example, Canada is the world’s seventh largest exporter of coal. During the 2019 calendar, the country exported a total of 58.7 million tonnes of […]
NEW WIND ENERGY SERIES (2): Hamburg towing kite demonstrates environmentally friendly wind drives for ships Thousands of years ago, when engines were unknown, people were well aware of the enormous potential of wind at sea. Nowadays, all kinds of container ships navigate the high seas. Some are powered by gas. while others use fuel cells […]
A precise understanding of the demand for thermal coal is important in the context of the continued interest in Australia, our region and the world in the future of coal. Recent analysis suggests that Australia’s major global thermal coal producers may benefit from strong future growth in demand, especially in our region. It is clear […]
Shipping has been grappling with a double-edged sword lately as it faces tougher environmental measures around the world, while also facing a slowdown in maritime trade, which is having a negative effect on markets. income. In fact, it is estimated that industry freight rates will not rebound over the next 12 months. Source: Intermodal In […]
The maritime transport market is going through a difficult year in 2020 in terms of the freight rate market, in a context of a global pandemic, which has disrupted the global supply chain. In its latest weekly report, shipping broker Intermodal said that “the challenges presented in 2020 have turned out to be very different […]
NOTNew trends in U.S. crude trading could emerge, as oil demand recovers, but the effects of the Covid-19 pandemic on U.S. oil supply persist. U.S. crude exports have risen sharply in recent years following the lifting of U.S. oil export restrictions in December 2015, largely on the back of rising U.S. tight oil production, which […]
LONDON–(COMMERCIAL THREAD) – Technavio is monitoring the shipbuilding market and it is expected to grow by USD 14.36 billion during the period 2020-2024, growing at a CAGR of nearly 3% during the forecast period. The report offers up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Technavio […]
In a semi-annual assessment of the impact of the pandemic on the shipping industry, Steve Gordon, Managing Director of Clarksons Research, said: “The severity of the economic ‘shock’ of Covid-19 on the shipping industry becomes clearer: we estimate that maritime trade fell by 10.6% year-on-year in May and our annual projections suggest that trade will […]
LONDON–(COMMERCIAL THREAD) – Technavio is monitoring the shipbuilding market and it is expected to grow by $ 14.36 billion during the period 2020-2024, growing at a CAGR of nearly 3% during the forecast period. The report offers up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Technavio […]
AUDRIC SeaBorne 500 M – Swiss Made Diver “AUDRIC” (French, “old and wise sovereign”, German, “Noble sovereign; Noble friend”) AUDRIC is a Singapore based SWISS MADE watch startup with an assembly / factory in Neuchâtel, Switzerland. At AUDRIC, we are committed to providing high quality, rugged watches with utility features. Our ingenious designs, impeccable materials […]
The economic fallout from coronavirus restrictions helped reduce shipbuilding investment to its lowest level in 11 years in the first quarter, with work at Asian shipyards nearing a halt and owners withholding orders as demand world of goods was falling. “Procurement activity was extremely limited in the first quarter of 2020, with the economic impact […]
TThese are the two main motivations for the Northern Lights project, which is part of the Norwegian initiative to achieve large-scale CCS. The project involves capturing CO2 from cement production and a waste-to-energy plant in the Oslofjord region and shipping liquid CO2 from these sites to a land terminal on the Norwegian west coast. From […]
Album:Thar Toinn Artist:Muireann Nic Amhlaoibh Label:Independent release Kind:Traditional In a digital world where no storage limits apply, it’s too tempting for artists to fill the void. This six-track capsule project by West singer Kerry Muireann Nic Amhlaoibh sidesteps that temptation, choosing instead to distill her musical thoughts on all things maritime in just six tracks, […]
LONDON–(COMMERCIAL THREAD) – The maritime information market is expected to grow by USD 736.98 million during the period 2020-2024, according to Technavio’s latest market research report. Request a free sample report The integration of AIS into maritime information solutions will contribute to the adoption of maritime information solutions between ports. An AIS is an on-board […]
With a sea freight throughput up 1.1% to 136.6 million tonnes, Germany’s largest universal port can post an excellent result for 2019. Faced with the slowdown in world trade and trade sanctions, Hamburg has performs well in a tough environment, the company said in its statement. “The Port of Hamburg is not only one of […]
(Courtesy of Global Market Insights, Inc.) The global marine generator set market forecast is expected to be significantly positive over the coming years due to the ongoing technological advancements in the industry in terms of engine modification, to achieve improved performance as well as effective noise reduction of engines. engines. Constant advances in technology have […]
MOSCOW, September 25. / TASS /. The Russian Machine Building Research and Production Association has developed a sea-launched cruise missile with a range of 800 km and increased accuracy to naval and land targets, its flight tests scheduled to begin within months. ahead, two defense industry sources said. TASS Wednesday. “The Oniks operational cruise missile […]
A Silver Airways Saab 340 aircraft. As Seaborne Airlines and Silver Airways continue to streamline operations into a single airline, reservations for Seaborne’s current network will be hosted on Silver’s Saber reservation system for travel starting September 1. Flights operated by Seaborne are now available for sale on www.silverairways.com. This change applies to all Seaborne […]
On Monday July 1, a group of students, professors and scientists embarked from Cape Town aboard the SA Agulhas II to participate in the SEAmester program. During an immersive 11-day program at sea, students will engage in a busy lecturing program and work on deck and in the labs. The ship sailed from Cape Town […]
Architecture updates Sign up for myFT Daily Digest to be the first to know about architecture news. Island life can seem wonderful. There is just the problem of getting there. The isolation that makes him so attractive can also be distressing. But what if your house was an island? Is there a state between the […]
Chris Grayling refused to apologize for the Seaborne Freight ferry debacle without a Brexit deal and called his criticism “puzzling” and “inexplicable”. The transport secretary also reversed the famous quote from Horatio Nelson, saying “I saw ships” after being mocked for handing over a £ 14million contract to Seaborne, a company that did not own […]
Global trade in coal by sea rose 3.7% last year thanks to higher production in India, Indonesia and Russia, the German lobby of VDKI coal importers said on Friday. Imports and exports reached 1.202 billion tonnes, up from 1.159 billion tonnes in 2017, VDKI chief executive Franz-Josef Wodopia said in a speech made available to […]
Ramsgate port photo Trevor Shonk Seaborne Freight grabbed the headlines after securing a £ 13.8million government contract to provide additional ferry capacity in the event of a no-deal Brexit on March 29 – despite being a start -up with no ships or history yet. The company, which offers to operate a Ramsgate / Ostend service, […]
Economic activity is the main driver of maritime transport. DNV GL has developed a model to forecast future volumes of cargo to be transported by sea, with a focus on crude oil, petroleum products, gas, bulk and containerized freight. The Energy Transition Outlook (ETO) model was developed by DNV GL to forecast the energy transition […]
A flotilla of at least 60 boats surrounded Huon Aquaculture’s fish pens in Norfolk Bay and called for a permanent ban on salmon farming in the area. Protesters set sail on a variety of boats, from large fishing boats to individual sailboats. Many boats carried banners calling for the final revocation of Huon Aquaculture’s license […]
Seaborne airline plane Mike Bradley returns to Seaborne Airlines as Vice President of Maintenance and Engineering. In the new role, he will take on the role of Director of Maintenance (DOM) for the airline’s FAA Part 119. Bradley, who began his aviation career as an aircraft maintenance technician for the US Air Force and previously […]
Members of the Chinese team participate in the 2018 International Army Games “Seaborne Assault” survival event in Quanzhou, southeast China’s Fujian Province, August 2, 2018. The Survival test of the International Army Games 2018 “Seaborne Assault” began Thursday in Quanzhou. (Xinhua / Jiang Kehong) FUZHOU, Aug.2 (Xinhua) – The 2018 International Army Games “Seaborne Assault” […]
Chinese and Iranian soldiers participate in the “Seaborne Assault” competition, which is part of the 2018 International Army Games, held in Quanzhou city, east China’s Fujian Province, July 30, 2018. Competitors from Iran, Russia, Sudan, Venezuela and China took part in the which consisted of an obstacle course, a survival course and a relay race. […]
The outgoing boss of one of Suffolk’s leading nature-based charities, the Greenlight Trust, reflected on his time with the organization and his current state as he retires. From left to right, new CEO of Greenlight Trust Tom Brown with Phil Champion of the drug and alcohol support charity Turning Point – Credit: Gregg Brown Ashley […]
Global maritime coal trade rose 1.5% last year due to a recovery in production in producing countries such as the United States, Russia and China and a concomitant increase in the export activity, German coal importer lobby VDKI said on Friday. VDKI (Verein der Kohlenimportere), whose 70 member companies trade hard coal around the world, […]
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TEL AVIV, Israel – The Israeli Navy is completing its after-action review of a complex two-day hostage rescue exercise conducted at sea earlier this week. The exercise, dubbed Sea Minister, involved dozens of naval forces, including elite Flotilla 13 commandos, which were deployed in response to a simulated terrorist takeover of a large merchant ship […]
The sea freight throughput of 70.2 million tonnes in the first half of the year reflects the stabilization of the trend for the Port of Hamburg. At the same time, a sharp increase has occurred in the transport of goods by rail from / to the port of Hamburg. At 70.2 million tonnes, in the […]
The Irish Defense Forces are well ahead of their counterparts when it comes to planning against terrorist passenger ferry diversion. Sky News defense correspondent Alistair Bunkal reported that the French Special forces have just completed their first counterterrorism exercise on a ferry in the English Channel – the Irish have carried out several such operations […]
An LCVP (Landing Craft, Vehicle, Personnel) from the USS Samuel Chase, piloted by the US Coast Guard, disembarks troops from Company E, 16th Infantry, 1st Infantry Division (the Big Red One) wading on the Fox Green section of Omaha Beach (Calvados, Lower Normandy Posted on June 6, 2016 at 9:00 p.m. by The maritime executive […]
Recent changes in demand trends contributed to the slowdown in maritime trade growth in 2014 (3.2%) and 2015 (2.0%). Clarkson Research Services Limited checks how this has reflected changes in demand for bulk shipments to major importing countries? After a decline in 2009, maritime trade grew by an average of 4.9% per year between 2010 […]
Lloyd’s Register report examines the business landscape, regulatory issues, and technical realities of a new ethane business resulting from increased gas production in the United States – and the technology required for major carriers of gasoline. ‘ethane The US ethane production capacity, as a by-product of the total increase in US gas production, is underutilized. […]