Author: Oleksandr Kaiukov
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Navigating the Storm: Oversupply and Plummeting Rates in the Global LNG Shipping Market
The Global LNG Shipping Market: Navigating Oversupply and Rate Declines Introduction to LNG Shipping Market Dynamics The LNG shipping market is a dynamic and critical sector within the global energy landscape, playing a pivotal role in the transportation of liquefied natural gas (LNG) across vast distances. This chapter provides an overview of the LNG shipping…
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Enhancing Maritime Safety in the Strait of Gibraltar: Lessons from the OS 35 and Adam LNG Collision
Enhancing Maritime Safety in the Strait of Gibraltar: Lessons from the OS 35 and Adam LNG Collision The collision between the bulk carrier OS 35 and the LNG carrier Adam LNG in the Strait of Gibraltar on August 29, 2022, highlighted significant safety concerns, particularly regarding the mandatory use of pilots for vessels departing from…
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Navigating Danger: The Algiers Lock Incident, Wake Effects, and the Future of Maritime Safety
Maritime Incident at Algiers Lock: Causes, Consequences, and Safety Measures Overview of the Incident On the evening of July 4, 2023, a significant maritime incident occurred at the Algiers Lock on the Mississippi River. The towing vessel Kitty was pushing two loaded tank barges into the lock during low water conditions when one barge struck…
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Fincantieri’s €2 Billion Deal with Norwegian Cruise Line: A New Era of Sustainable Cruising
Fincantieri Secures €2 Billion Order for Four New Cruise Ships from Norwegian Cruise Line Holdings Overview of the Order Fincantieri has secured a firm order from Norwegian Cruise Line Holdings Ltd. (NCLH) for four new cruise ships, valued at over €2 billion. This significant contract will see the construction of NCL’s largest-ever vessels, each measuring…
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Tensions Rise: U.S. Demands Free Passage Through Panama Canal Amid Geopolitical Struggle
Geopolitical Tensions Surrounding the Panama Canal: U.S. Claims and Panamanian Responses Introduction The dispute between the Panama Canal Authority and the U.S. State Department regarding free passage for U.S. government vessels through the Panama Canal has escalated, with the Panama Canal Authority denying the U.S. State Department’s claim that U.S. government vessels would sail for…
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The Strategy and Impact of Russia’s Shadow Fleet: A Geopolitical Shift in Energy Trade
The Port Call of _La Perouse_ in Oman: Implications and Geopolitical Shifts Background on Sanctions and Shadow Fleet Overview of Sanctions The geopolitical landscape surrounding Russia’s energy sector has been significantly shaped by a series of sanctions imposed by the United States, the European Union, and other international entities. These sanctions, initiated in response to…
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Navigating Stormy Waters: Hapag-Lloyd’s Strategic Resilience Amid U.S.-China Tariffs
Hapag-Lloyd’s Resilience Amid U.S.-China Tariffs CEO’s Confidence and Preparedness Rolf Habben Jansen, CEO of Hapag-Lloyd, has expressed confidence in the company’s ability to navigate the complex trade environment posed by U.S.-China tariffs. In a recent statement, Habben Jansen emphasized that while tariffs are foreseeable events, they are easier to manage compared to unexpected crises like…
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Panama’s Strategic Dilemma: Navigating U.S.-China Rivalry in Port Concessions
Panama’s Strategic Reassessment of Port Concessions with China Background on Panama’s Port Concessions Panama’s strategic position at the crossroads of the Americas has long leveraged its geographic advantages to foster economic growth and global influence. The Panama Canal, a vital maritime artery connecting the Atlantic and Pacific Oceans, is central to this strategy. This section…
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Harnessing the Tides: Morlais Project Leads Wales’ Green Revolution
The Morlais Tidal Energy Project: A Beacon of Sustainable Innovation The Morlais tidal energy project, backed by a £8 million investment from the Welsh Government, stands as the largest tidal scheme in Europe. This project, developed by Menter Môn, aims to revolutionize tidal energy production and grid connections off the coast of Anglesey. With operations…
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Navigating the Storm: U.S. Policy, Iran, and the Geopolitics of Oil
The Geopolitical Implications of U.S. Policy Toward Iran Recent geopolitical developments have seen U.S. President Donald Trump reinstate his “maximum pressure” campaign against Iran. This initiative aims to halt Tehran’s nuclear ambitions and reduce its oil exports to zero. This article explores the historical context of U.S. policy toward Iran, highlighting Trump’s criticism of former…