At first glance, the Iran war appears to be hitting oil and gas with equal force, as missiles, drone strikes and shipping disruptions choke flows through the Strait of Hormuz.But beneath that surface symmetry lies a critical imbalance. The global gas supply chain has fewer rerouting options and less storage capacity than the oil market - making the fallout for gas consumers considerably more
By the time Robbie Roberge spotted the fire consuming his boat's galley last August, he knew he had just minutes to evacuate his beloved Three Girls fishing vessel, named for his daughters.As the flames spread up the boat's walls, he helped his crew into safety suits, deployed a life raft and made a mayday call to alert nearby mariners and the U.S.
President Donald Trump signed an executive order aimed at boosting the deep-sea mining industry, marking his latest attempt to boost U.S. access to nickel, copper and other critical minerals used widely across the economy.The order, which Trump signed in private, seeks to jumpstart the mining of both U.S.
Owning and operating a quiet boat offers many benefits, from crew comfort and retention to efficient, safe operations. While the benefits are clear, it’s generally not the first line of design and concern for most vessel owners.Noise is a funny thing in the marine world: it’s invisible, it sneaks up on you, and it’s usually not the headline item on a newbuild spec sheet
It’s trite (but true) to say that in the maritime industry’s quest to cut emissions, there is no ‘silver bullet’ solution, rather a series of small step changes that cumulatively add up over time. Maritime Matters: The Marinelink Podcast, recently hosted Giuseppe Gargiulo, Head of Newbuildings, MSC and Daniel Bischofberger, CEO, Accelleron
To help metal fabricators improve productivity, quality and workforce needs, ESAB has launched its new Tracfinder Rail and Tracfinder Wheel series of battery-powered welding tractors and unveiled its newly branded ROBBI Mobile cobot welding system. ROBBI is now available with the Aristo Edge 500R power source and RoboFeed Edge robotic wire feeder, which offer next-generation capabilities.
The Australian Maritime Safety Authority (AMSA) is warning maritime employers that failure to meet minimum standards for seafarers’ living and working conditions may result in serious consequences.Employers are required to provide the timely payment of wages, safe accommodation, adequate rest and access to support, in line with their obligations under the Maritime Labour Convention (MLC).
Turkey-based tanker operator Palmali on Friday lost its London lawsuit against the trading arm of Russian oil producer Lukoil over a purported deal to provide oil products.Palmali, controlled by Azerbaijan-born businessman Mubariz Mansimov, first sued Lukoil's Swiss subsidiary Litasco at the High Court in 2017 and was initially seeking nearly $2 billion.