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20.03.26 - 14:00
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′Huge build-up of risk′: London′s centuries-old shipping industry wrestles with Iran war (The Guardian)
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Insurers at Lloyd's of London say cover is available at a price, while merchants view the danger level as too highShipping risk been insured by Lloyd's of London for more than 330 years, but now the centuries-old heart of maritime insurance is getting to grips with the most modern of threats – drones and missiles threatening hundreds of vessels stuck in the Gulf region amid the escalating Middle East conflict.For nearly three weeks, the crucial strait of Hormuz has effectively been closed to the more than 100 gas and oil tankers and container ships that usually pass through each day. Continue reading......
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20.03.26 - 12:06
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Strait of Hormuz tensions flare as Iran tightens grip over shipping traffic (SCMP)
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Global concerns are rising over the fate of ships and crews trapped in the Strait of Hormuz amid the intensifying Middle East conflict, as reports spread that Iran is rolling out screening processes and steep transit fees for vessels using the waterway.
The International Maritime Organisation (IMO) called for the establishment of a “safe maritime framework” to ensure the swift evacuation of merchant ships confined within the Persian Gulf, after holding a special session on the Middle East......
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20.03.26 - 11:42
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How To Transport Next-Gen Nuclear Fuel Safely? NANO Nuclear Hits Key Milestone (ZeroHedge)
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How To Transport Next-Gen Nuclear Fuel Safely? NANO Nuclear Hits Key Milestone
Authored by Prabhat Ranjan Mishra via Interesting Engineering,
A New York-based company has taken a significant step to develop a proprietary, optimized transportation solution for High-Assay Low-Enriched Uranium (HALEU) fuel.
NANO Nuclear Energy achieved the conceptual design milestone for an advanced, proprietary HALEU transport package supporting next-generation nuclear reactors.
World-class nuclear transportation expertise
“HALEU fuel logistics will be one of the foundational pillars of the advanced nuclear industry,” said Jay Yu, founder and chairman of NANO Nuclear.
“Our collaboration with Gesellschaft für Nuklear-Service mbH (GNS) has brought together world-class nuclear transportation expertise with NANO Nuclear's proprietary fuel basket technology. Achieving this early design milestone represents an important step toward building the infrastructure needed to support the deployment of advanced react...
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19.03.26 - 15:06
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Europe′s biggest airlines say fuel price spike caused by Iran war will drive up fares (The Guardian)
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Carriers warn they cannot hold off passing on costs for long, while some airlines plan to increase flights via AsiaBusiness live – latest updatesEurope's biggest airlines have said the spike in fuel prices caused by the war in the Middle East will drive up fares and are advising passengers to book early.While carriers have partly hedged the price of jet fuel, bosses said they could not keep avoiding passing on additional costs to passengers for long. Continue reading......
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19.03.26 - 14:48
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Trump waives US shipping law for oil and gas in bid to lower prices (The Guardian)
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Move comes as president attempts to mitigate rising price of oil while carrying out war on IranSign up for the Breaking News US email to get newsletter alerts in your inboxDonald Trump is trying to make it easier for foreign tankers to move around the US, temporarily allowing foreign-flagged ships carrying oil and gas to travel between US ports, the White House announced Wednesday.The move comes as the president tries to manage a delicate balancing act, attempting to mitigate the increasing price of oil while also carrying out the US-Israel war on Iran. Continue reading......
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