Bulk

https://www.ajot.com/images/uploads/article/EIA_map_3_5.jpg

Red Sea attacks increase shipping times and freight rates

AJOT | February 01, 2024 | Energy | Maritime | Bulk

After the attacks began in November, flows of oil, refined products, and natural gas passing through the Bab el-Mandeb Strait slowed. About 18% less crude oil flowed through the Bab el-Mandeb in December than on average from January to November 2023.

https://www.ajot.com/images/uploads/article/Gamma_1.jpg

New e-fuels project to make international shipping climate neutral

Transport and trade on the ocean blue must be made much greener. This is the goal of the new €17 million European GAMMA project, where companies and researchers from Europe will develop and convert a bulk carrier to sail on climate-neutral fuels and green power.

https://www.ajot.com/images/uploads/article/Anthony_Barrois.jpg

NOLA Terminal announces new terminal manager for its flagship operations

NOLA Terminal has hired Plaquemines Parish resident Anthony Barrois to serve as terminal manager for its flagship operations facility on the Mississippi River.

Russia’s seaborne crude exports are battered by winter storms

Bloomberg | January 30, 2024 | Energy | Maritime | Bulk

https://www.ajot.com/images/uploads/article/tanker_sunset.jpg

Red Sea chaos sends 100 tankers round Africa, oil brokerage says

Bloomberg | January 30, 2024 | Energy | Maritime | Bulk

The number of tankers diverting on longer voyages around the Cape of Good Hope has increased to 100 from last week, according to a report from Oil Brokerage.

Tankers hauling Kuwaiti oil veer from Red Sea after Friday blast

Bloomberg | January 29, 2024 | Maritime | Bulk

Trafigura tanker carrying Russian fuel struck by Houthis

Bloomberg | January 27, 2024 | Maritime | Bulk

Europe’s diesel supply-chain threatened by soaring freight costs

Bloomberg | January 27, 2024 | Energy | Maritime | Bulk

Houthis fire missile close to a tanker hauling Russian oil

Bloomberg | January 26, 2024 | Maritime | Bulk

https://www.ajot.com/images/uploads/article/Tanker_cost_chart.jpg

Red Sea chaos pushes fuel tanker costs above $100,000 a day

Bloomberg | January 26, 2024 | Maritime | Bulk

Some oil tanker earnings have soared above $100,000 a day as the disruption of shipments through the Red Sea persists.

https://www.ajot.com/images/uploads/article/Advanced_Polymer_Coatings_factory_in_Avon_Ohio.jpeg

MarineLINE maker Advanced Polymer Coatings breaks ground on multi-million dollar factory expansion to drive global sales

• Biggest investment in family run company’s history will almost double size of Avon, Ohio factory to 42,000 sq ft • New state-of-the-art automated production line will quadruple manufacturing capacity • Investment aims to drive sales of MarineLINE and ChemLINE products in the chemical tanker, rail, tank container and industrial coating markets • New partnership with Ohio freight forwarder UWL will speed up delivery times to shipyards globally

https://www.ajot.com/images/uploads/article/engine_piston.jpg

WinGD X-DF advances underpin QatarEnergy phase two success

AJOT | January 23, 2024 | Maritime | Bulk

Swiss marine power company WinGD is expecting to secure the majority of dual-fuel engine orders for LNG carriers being built in the second phase of QatarEnergy’s newbuilding project.

https://www.ajot.com/images/uploads/article/oil_tanker_bridge.jpg

Ships told to transit Red Sea with ‘great care’ after strikes

Bloomberg | January 23, 2024 | Maritime | Bulk

A key trade group said the US has advised ships that continue to transit the Red Sea do so with “great care” after a fresh round of joint air strikes with the UK on Yemen’s Houthi militants.

https://www.ajot.com/images/uploads/article/Tanker_rates_chart.jpg

Fuel tanker rates are soaring on Red Sea disruption

Bloomberg | January 22, 2024 | Energy | Maritime | Bulk

The cost of transporting fuels on key trade routes is soaring as attacks on Red Sea shipping ripple out into global markets.

https://www.ajot.com/images/uploads/article/European_grain_shipment.jpg

European wheat shipments are bypassing the Suez Canal

Bloomberg | January 22, 2024 | Maritime | Bulk

European wheat vessels increasingly are being rerouted to avoid the Suez Canal amid rising security risks in the key trade lane.

https://www.ajot.com/images/uploads/article/corpus-christi-port.jpg

Port of Corpus Christi: Record tonnage in 2023, surpassing 200M tons for first time

Port of Corpus Christi customers set a new high mark in annual tonnage during 2023, moving more than 200 million tons of goods through the Corpus Christi Ship Channel for the first time in its history...

Global LNG fleet avoiding Red Sea with more tankers diverted

Bloomberg | January 17, 2024 | Energy | Maritime | Bulk

https://www.ajot.com/images/uploads/article/LNG_tanker_map.png

LNG tankers divert from Red Sea as Qatar warns of escalation

Bloomberg | January 16, 2024 | Energy | Maritime | Bulk

Liquefied natural gas suppliers, including Qatar and Russia, are avoiding the Red Sea amid heightened risk of attacks by Houthis militants and warnings of escalation from Doha.