Tag Archives: bulk shipping

Ammonia-powered West Australia to East Asia green corridor in five years

Posted on May 15, 2023 by | Leave a comment

The West Australia – East Asia Iron Ore Green Corridor Consortium has released a study showing the way for a green corridor to use ammonia fuel. The study looked closely at the capability of the ports to provide ammonia bunkering and sources of clean ammonia.

Ammonia-powered ships could be a reality quickly, because the engine architecture is very similar to current marine engines. However, storage of ammonia bunkers at sea is still an issue, and safety standards have not yet been designed.

The consortium started in November of 2021, with major charterers BHP and Rio Tinto, and shipping companies Oldendorff Carriers and Star Bulk Carriers working jointly to make the corridor successful.

I was unsuccessful in finding a copy of the actual report online. but it’s good news, because this route is one of the major world bulk carriage routes, and reductions in emissions will be helpful.

Sam Chambers May 15, 2023

New study finds ammonia-powered capes will be ready to depart from Australia within five years – Splash247

Shipping Lines and Miners Join to Form Australia-Asia Green Corridor

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In topsy-turvy commodity trades, small ships outperform big ships

Posted on July 13, 2022 by | 1 comment

It’s unusual for small ships to be more valuable than large ones. But that has been happening in the tanker and dry bulk shipping area. The disruptions of 2022, following on Covid, have created markets better served by smaller ships.

One source of large dislocations in markets is a result of the Ukraine war. Because of sanctions, China has stopped shipping crude from Arabia. That was a channel that favored VLCC tankers. In addition, Russian exports of oil favor the use of smaller ships.

But other markets, too, have seen this effect as well. China, for instance, has reduced imports of iron ore and coal, partly due to Covid restrictions, and partly due to the deep slowdown in Chinese construction, requiring less steel production.

Clarksons, the shipping consulting firm, expects a reversal to more normal price differentials by 2024.

Greg Miller Wednesday, July 13, 2022

In topsy-turvy commodity trades, small ships outperform big ships

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China’s power crunch is affecting every strand of shipping

Posted on October 1, 2021 by | 2 comments

Here’s the future. China, which uses coal to generate 73% of its power, is experiencing a coal shortage. Blackouts, as we would call them, are in order, and many businesses are affected. Here’s how it is affecting global shipping.

Sam Chambers October 1, 2021

How China’s power crunch is affecting every strand of shipping – Splash247

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