Bleak Future of Offshore Turbines Soaring inflation, rising energy costs and global temperatures have demolished any vision of achieving electricity generation of 70 % through renewable energy sources by the 2030's whether in the US or EU. Vested stakeholders within the US and EU underestimated the market of offshore turbines being rudely jolted by these
LNG Vessels & Mergers The European Commission has blocked the proposed merger between Daewoo Shipbuilding & Marine Engineering and Hyundai Heavy Industries on the premise that a monopoly would be established in the construction of large Liquefied Natural Gas (LNG) vessels which are an integral component of the LNG supply chain and ensure energy security.
International Seabed Authority The International Seabed Authority (ISA) Assembly of 168 member states met in Jamaica recently to regulate deep-sea mining however the progressive regulatory proposals of Chile, Vanuatu, Palau, France and Costa Rica were unfortunately vetoed and critical ocean environmental issues adjourned by the Assembly to next year. Calls for a precautionary pause or
Blue or Green Hydrogen Blue hydrogen growth is likely to exceed " green H2 " in the US as projects in the US are" blue hydrogen " oriented i.e source being natural gas with the additional distinction of carbon capture. This is in stark contrast to green H2 produced through renewable electricity and water electrolysis.
Green Hype in the Desert & Women Empowerment Despite decades of hype and hopes for a move towards green energy fossil fuels account for more then 90 % of transportation of people and goods for trade. The phenomenal growth in shale oil production in Canada and the US continue to shake Middle Eastern and OPEC
Desalination & Climate Changes Many have heard the popular adage of the Ancient Mariner “ Water Water Everywhere but not a Drop to Drink “. Nowadays around 300 million people are provided water from desalination plants worldwide and presently there are almost 20,000 such facilities available with varying desalination capacity and the fresh water so
US & EU Sanctions Panama Canal is a marvel of maritime architecture and facilitates global ocean borne trade. The progressive development did not take place overnight though . Panama was targeted as a facilitator in illicit trade of petroleum and crude of Iran and after the conflict in Ukraine a fresh salvo has been fired
