Hot Air?

U.S. offshore wind farms come up frequently in the news, often related to politics and with a list of players that seems to change monthly. The number and location of sites in this industry, fledgling in the U.S., is confusing. To help visualize what is happening, I found several websites with information on the U.S. Windfarms operators.

Continue reading

CURRENT BATTERY SCIENCE IN TRANSPORTATION and AN ONGOING LOOK AT INLAND

In September 2021, I looked at the growing use of Lithium-Ion batteries in forms of transportation. It was researched for my own education as well as for my readers. This blog will try to give basic information on the new generation of batteries and the systems that will be necessary for them to be used in various types of transportation as stored electrical power starts to take over from fossil fuels.

Continue reading

A Look at Kirby Corporation and Inland Trends

While most vessel owners/operators keep their numbers under wraps, publicly traded companies, such as The Kirby Corporation, publish an annual report of their performance for shareholders. These reports are a wealth of information that can help us understand trends in our industry.

Kirby’s income increased over 2021 despite still dealing with the fallout of Covid-19 as well as low water conditions in the Mississippi River during the 4th quarter.

Continue reading

Cash, Coal, and Corporations

While corporate lenders, shippers, and charterers are moving towards more eco-friendly operations, problems with green financing are growing. Stricter lending requirements are going into effect faster than owners can produce their long-term compliance plans. Banks do not want to end up with loans on stranded assets that can no longer earn money to pay their debt. A vessel with a low level of compliance becomes essentially unemployable.

Continue reading

The Inland River Scene & Revisiting Tugboats 101

As we have seen in worldwide marine commerce, and in commerce in general, the inland trade has been bouncing around a bit like an EKG strip. Weather patterns and international conflict have affected the grain trades, coal trade, and inverted some of the petrochemical trade. The world economy has stifled steel production and shipping and has had a knock-on effect on coal and ores.

Continue reading