Nuclear Renaissance: Too Late or Just in Time?

Policymakers, C-Suite holders, multinational companies, and countries are all working towards a future in which they abandon the non-renewable energy sources that emit huge amounts of CO2, notwithstanding the caution that must be taken when approaching this topic. However, this fight against climate change is not sustainable if it does not generate enough shareholder value or furthers a budget deficit for the ruling government seeking re-election.

The world already has a solution. We have an already proven and implementable efficient next best energy source: Nuclear.

The Silent AI Revolution in Shipping

Without a doubt, the ongoing technological developments brought on by the emergence of AI changed how we live, work and conduct our daily business. However, the technical applications and advantages of industry-specific AI tools in various business areas has received far less media attention and academic research compared to the vast volume of material publicized on the social, political and macroeconomic effect of generative AI tools, such as ChatGPT. Studies on the application of AI to shipping are particularly rare. Munim et al. found only 56 articles when conducting a keyword search in the literature on the ISI Web of Science database. Therefore, this article will attempt to summarize the various uses of specific AI tools in maritime logistics and explore their potential benefits.

From Crisis to Power Play: The EU’s Energy Struggle in a Shifting World

Among its many objectives, a primary goal of the European Commission is to ensure energy security across Europe. This encompasses not just the secure and diversified supply and storage of gas, oil, and electricity, but also entails the common procurement of resources and effective management in times of crisis and political instability. Recent challenges, notably the COVID-19 pandemic and the Russian invasion of Ukraine, have exacerbated these issues. These events have led to a surge in energy prices and have made the supply chain on which the European Union relies on increasingly fragile.

The West Weakens Itself in Pursuit of Unreasonable Climate Policies

On the nature of policymaking, Thomas Sowell, a prominent American intellectual, once claimed that “there are no solutions, only tradeoffs.” With brevity, Dr. Sowell revealed a truth that many climate policymakers have forgotten. In a monomaniacal pursuit to reduce carbon emissions, the West risks implementing unreasonable policies that could ultimately weaken itself in an increasingly dangerous world. 

The Black Fleet: An Introduction to Shipping Sanctioned Oil in 2023

It has been precisely 371 days since a G7 oil cap took effect limiting the price levels at which Russian oil could be bought and sold in the world’s largest economies, finally agreeing in the fifth of December in 2022 on measures designed to punish Moscow for the invasion of Ukraine and to cripple an industry that fuels the Russian war effort in Ukraine. But, widely discussed is the efficiency of achieving these goals themselves.

Droughts in Panama: imminent risk for grain trade.

2.5% of global trade is dependent on the Panama Canal. It is a main artery for all types of goods, such as grains, shipped between the Pacific and Atlantic Oceans, effectively reducing freight journeys by close to 8,000 nautical miles each way. This is all put at risk by severe droughts affecting the Panama Canal Watershed, which has forced the administrators of the Canal to impose strict quotas on the number of ships passing daily. As a consequence of its business model, the trade of grain has been the most impacted, potentially creating catastrophic consequences for the industry. 

The Implications of Argentina’s Election on Commodity Markets

This article explores the possible repercussions of Argentina’s recent election from the perspective of commodity markets. The article focuses on two core pillars of Milei’s agenda, namely dollarisation and privatization. The potential implications of dollarisation on commodity prices are examined through a macroeconomic lens, while the effect of privatization is analysed based on historical evidence.

Unveiling the Future: Understanding CCS Technology and Its Crucial Role in Mitigating Climate Change

In the relentless pursuit of sustainable solutions to combat climate change, Carbon Capture and Storage (CCS) technology emerges as a potential game-changer. CCS tackles the critical issue of CO2 emissions, a major contributor to the planet’s rising temperatures, as global energy-related CO2 emissions reached a new high of over 36.8 Gt in 2022. 
The essence of CCS lies in its ability to intercept CO2 before it exacerbates the greenhouse effect, a feat with profound implications for climate change mitigation. 
This article navigates through the intricacies of CCS, unraveling the mechanisms that make it a frontrunner in the fight against global warming, with the possibilities it opens as well as the challenges to make it a scalable technology.

The war in Gaza, oil prices and the global economy

Since Hamas’ attack on Israel on October 7th and the subsequent land incursions of the Jewish State in the Gaza Strip, the war in the Middle East, which cost the life to many, has been at the centre of the geopolitical scene. After almost two months of bloody combat, we take a step back and try to answer questions about the consequences of that fatal day. Our focus will particularly be on the oil market, how oil prices have changed and might change in the near future and why this is of interest to the global economy.