Monthly Archives: March 2022

AS PRICE OF LI-ION BATTERIES RISES, SHIPPING HAS OTHER GREEN OPTIONS

07 MAR 2022  During early January 2021, lithium salt from Australian mines brought a market price of just under $9,600 per metric ton. A year later during January 2022, the price of lithium salt had risen to over $50,000 per metric ton with the February price at $59,000. The market …

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NEXT GENERATION OF THE A.P. MØLLER FAMILY TAKES THE HELM AT MAERSK

06 MAR 2022  The next descendant of shipping legend A.P. Møller is moving up to take the helm at the world’s second-largest ocean carrier. Robert Maersk Uggla, son of A.P. Moller – Maersk Vice Chairman Ane Maersk Mc-Kinney Uggla and great-grandson of company founder Arnold Peter Møller, will be the new chairman of …

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NEWLY INVENTED CATALYST DRAMATICALLY INCREASES THE EFFICIENCY OF TURNING CO2 INTO FUEL

05 MAR 2022 It took nature decades of photosynthesis, followed by eons of intense heat and pressure from geological activity to bake atmospheric carbon dioxide into the long chains of hydrocarbon that make up fossil fuels. We don’t have the luxury of millions of years to mop up the excess …

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IMO CALLS EXTRAORDINARY SESSION AS SEAFARERS REMAIN CAUGHT IN UKRAINE

PUBLISHED MAR 4, 2022 12:50 PM BY THE MARITIME EXECUTIVE Responding to international calls for action, the UN’s International Maritime Organization announced that it will convene an extraordinary council session to address the impacts on shipping and seafarers of the situation in the Black Sea and the Sea of Azov. The …

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IRON OF EARTH’S INNER CORE COULD BE IN A STRANGE ‘SUPERIONIC’ STATE

03 MAR 2022 Deep below the crust of Earth, past the thick mantle and liquid outer core, lies a 1,220-kilometer (760 mile) ball of solid inner core. But a new study has suggested that the inner core is not solid at all, instead forming a ‘superionic state’ with hydrogen, oxygen, and …

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FIVE ESSENTIAL COMMODITIES THAT WILL BE HIT BY WAR IN UKRAINE

01 MAR 2022  The war in Ukraine is threatening further disruption to already stretched supply chains. Ukraine and Russia may only account for a small proportion of the imports of major manufacturing nations like Germany and the US, but they are essential suppliers of raw materials and energy for many crucial supply chains. Though the economic …

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WILL PUTIN CUT ENERGY SUPPLIES TO RETALIATE FOR WESTERN SANCTIONS?

28 FEB 2022  While the battle for Kyiv rages, the economic war between Russia and the nations of the West has barely begun. The US, the EU and their allies are concentrating their economic attacks on Russia’s financial system while exempting the energy sector. Russian President Vladimir Putin’s initial response …

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CHINESE TRADE IS UNLIKELY TO OFFSET SANCTIONS ON RUSSIA

27 FEB 2022  Russia and China are making much of their strategic partnership as a counterbalance to their stresses with the West, but the European Union is still much more important economically to Russia than is China, and Australia comprehensively trumps Russia as a supplier to China. There’s no realistic …

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PORTS & PIPELINES, THESE ARE UKRAINE’S KEY COMMODITY SITES

26 FEB 2022 As Russian forces attack targets across Ukraine, commodity traders are watching the country’s vast network of infrastructure that’s key to supplying gas, crops and steel to Europe and beyond. Moscow has confirmed it is targeting military facilities across the country and Ukraine’s border guard said it was …

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CHERNOBYL’S RADIATION SPIKED 20 TIMES ABOVE USUAL LEVELS AS RUSSIAN FORCES ARRIVE

25 FEB 2022 The Chernobyl nuclear power plant and its surrounding area are showing increased radiation levels after heavy fighting between Ukrainian and Russian troops in the region, Ukrainian officials said Friday (Feb. 25) Online data from the Chernobyl exclusion zone’s automated radiation-monitoring system shows that gamma radiation has increased 20 times above usual levels …

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