With talk regarding a potential ban on Russian energy imports reignited in the EU, after the recent developments, it’s worth taking a look on Russia’s crude oil export destinations. In a recent report, shipbroker Banchero Costa noted that “2021 was ove…
Russian Oil Exports: Mapping Out the Future Read More »
A generational energy crisis has created the most challenging environment ever in which shipowners must make decisions about investing in tankers to transport energy commodities. The global pandemic, closely followed by Russia’s invasion of Ukraine, is…
Global tanker fleet struggles to break even Read More »
With decarbonisation much in the public eye, shipping is currently and perhaps belatedly trying to find the best pathway to carbon neutral fuels. Shipping greenhouse gas (GHG) emissions as a proportion of global GHG anthropogenic emissions increased fr…
Carbon neutral shipping – it all comes down to green hydrogen, and lots of it Read More »
Move follows designation of Black Sea and Sea of Azov in February and the expansion of that area in March
All of Russia made Joint War Committee listed area Read More »
The recently approved federal work plan contains the final piece of funding for The Port of Virginia’s dredging project that will create the deepest and widest shipping channels on the U.S. East Coast by late 2024.The work plan, released last week by t…
Port of Virginia Gets Final Funding for Channel Dredging Read More »