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Chemicals & Energy: Page 67

Europe’s Natural-Gas Crunch Sparks Global Battle for Tankers

Europe’s energy crisis is unleashing a global battle over liquefied natural-gas (LNG) tankers, with rates to charter the specialized ships jumping to record highs.

An LNG power ship undocks in Singapore. Photo: Bloomberg.

How Shippers Can Prepare for Energy Market Disruption

After years of pandemic-driven port congestion, supply chain bottlenecks and limited freight capacity, the Russian invasion of Ukraine turned what was already a tight fuel market into an energy crisis.

0612 Colombias Fuel Smuggling

The World’s Roads Aren’t Ready for a Hotter Climate

With average temperatures rising and heat waves become more frequent and intense, infrastructure and in particular roads are increasingly vulnerable to human-induced global warming.

A contractor supervises as milling machines remove asphalt from a runway. Photo: Bloomberg.

Powering Procurement in the Electric Utility Industry, Part 2

Despite uncertainties, utility companies must continue to provide seamless and consistent services to their customers. In this environment, the role of procurement becomes even more critical.

0325 Powerand Gas Utilities

Gas Prices in the U.S. Fall Below $4 a Gallon

Gas prices in the United States fell below $4 a gallon on Thursday, retreating to their lowest level since March.

A driver holds a gasoline pump. Photo: Canva.

Rhine River Withers to Crisis Level as Europe Craves Energy

The Rhine River is set to become virtually impassable at a key waypoint in Germany, as shallow water chokes off shipments of energy products and other industrial commodities along one of Europe’s most important waterways.

A map showing the course of the Rhine river.

U.S. Bid to Cap Russian Oil Prices Draws Skepticism Over Enforcement

The Biden administration’s push to form an international buyers’ cartel to cap the price of Russian oil is facing resistance from maritime insurers that it cannot be reliably enforced.

An aerial view of oil tankers at sea. Photo: Shutterstock.

What True Wireless Power Could Mean for Supply Chains

Supply chain managers are deploying technologies to generate insight and prevent disruptions, but operations won’t reach their full potential until they have a reliable source of wireless power to the devices running the show.

Trucks drive on a highway at dusk. Photo: Shutterstock.

Russia Finds a New Route to Oil Market Via a Tiny Egyptian Port

Russia appears to have found a new means of getting its oil to market with western sanctions looming for Moscow, via Egypt’s El Hamra oil terminal.

An oil tanker is berthed at a Russian port. Photo: Getty.

Taiwan Turmoil Prompts Detours and Delays for Global Shipping

China’s announcement of military drills around Taiwan as U.S. House Speaker Nancy Pelosi visits the island is already having ripple effects across global supply chains, prompting detours and causing delays of energy shipments.

Shipping containers stacked at the Port of Keelung in Keelung, Taiwan. Photo: Bloomberg.

Europe’s Rhine River Is on the Brink of Effectively Closing

Water levels on the Rhine River are set to fall perilously close to the point at which it would effectively close, putting the trade of huge quantities of goods at risk as the continent seeks to stave off an economic crisis.

An aerial view of barges on Europe's Rhine river. Photo: Getty.

Russia’s Ukraine War Turns Fuel Tankers Into Hot Property

Russia’s invasion of Ukraine has supercharged the price of so-called clean ocean-going tankers, with soaring freight rates prompting companies to rush to purchase rather than rent vessels.

Photo: Bloomberg.

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