by Peter Buxbaum Nov 25, 2019
Complying with IMO 2020 - the options
Shipowners have several alternatives to lower exhaust emissions. Using liquefied natural gas (LNG) provides a nearly 100% reduction in SOx emissions compared to heavy fuel oil (HFO), while marine gas oil (MGO) contains 0.10 percent sulfur m/m (mass of sulfur/total mass), compared to HFO’s sulfur levels of 3.5% m/m.
It’s make or break with IMO 2020
Ocean carriers must recover most of their additional fuel costs or the industry will take a turn from bad to worse.
Tariffs, a manufacturing slump and the steel industry
Demand, production, and share prices are all down; layoffs are on their way up
Sustainability and resilience are drivers of NY/NJ port strategy
The Port of New York and New Jersey is experiencing record cargo growth and has emerged as the nation’s number-two container port. Container volumes are expected to double or triple over the next 30 years at the port, presenting several challenges. With that in mind, the Port Authority released its latest 30-year master plan over the summer.
Optimism abounds for NY/NJ’s new port director
Despite ripples and dislocations, the mainstream forces propelling global trade remain firm, says PANYNJ Port Director Sam Ruda.
North Carolina’s PTI Airport targets aerospace, logistics
It must have been music to the ears of economic development and airport folks in the Greensboro-High Point area of North Carolina.
NC’s Piedmont Triad punching above its weight in logistics
Location, people, leadership contribute to emerging transportation and supply-chain hub
Importing LNG, despite US surplus
During the winter of 2018, the LNG tanker Gaselys, laden with liquefied natural gas from overseas, was spotted in Boston harbor. The French energy company Engie bought the gas to meet demand during freezing weather in the northeast United States. The cargo being carried in the tanker came from a storage tank in the United Kingdom and contained a mix of gas that originated in Algeria, Trinidad and Tobago, and Qatar.
The natural-gas economy
In mid-June, the Philadelphia City Council approved a plan to build a $60 million liquefied natural gas (LNG) facility in Southwest Philadelphia. The Passyunk Energy Center will be a public-private partnership between city-owned Philadelphia Gas Works and Liberty Energy Trust.
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