Word: tankered
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...Beyond the financial cost of getting fuel to the thirsty trucks and aircraft is the danger that comes from tanker trucks traveling along increasingly heavily mined roads. More troops will need more fuel, which will require sending more fuel convoys into harm's way. The study warns that stepped-up operations in Afghanistan could lead, by 2014, to more than double the 5,400 U.S. casualties (including 927 killed...
Yemen's President, Ali Abdullah Saleh, flew into the Gulf of Aden on Nov. 7 to celebrate the first exports of liquefied natural gas from a sprawling $4.5 billion plant - the biggest ever investment in his otherwise impoverished desert country. A brass band played and politicians applauded the gas tanker as it set sail for South Korea, but Saleh's attention was elsewhere - on the attacks that Saudi Arabia's military forces were waging against antigovernment Shi'ite rebels in the north of Yemen. The rebels "are trying to demolish the economy," Saleh tells TIME, vowing, "We will crush them...
...Large container ships are also beginning to utilize the sun to help power them across the world's oceans. Cosco, China's biggest shipping company, has inked an agreement with Solar Sailor for giant solar sails to be retrofitted on some of Cosco's tanker ships. The solar wings would be almost 115 ft. long, and Solar Sailor expects the wings to start saving Cosco money after only four years. The Japanese company NYK Line launched the M/V Auriga Leader in 2008, the world's first cargo ship partly run on solar power. With 328 solar panels covering its upper...
...Citi comes from the creative ways he had found to make money off the oil markets, doing things that would either be impossible for the average small trader or that most traders just won't think of. Earlier this year, for instance, Hall and his traders rented a tanker and filled it with 1 million barrels of oil. Oil prices were down, but most traders thought they were going up again, so futures contracts pegged to distant-month deliveries were expensive. The better deal was the real thing, and with the shipping business mired in the recession, Hall was able...
...Repaved in 2003, the 300-mile highway is now pocked with craters from roadside bombs. Travelers face three or four Taliban checkpoints along the way. A Western businessman says his trucking firm pays a local commander from $5,000 to $6,000 for the safe passage of each fuel tanker along the highway, a sum which he suspects the Taliban get a share of. He also claims that in order to ship fuel from Kandahar to a Dutch base at Tirin Kot, the firm hired a local tribal mafioso who boasted of having a strong militia to protect the convoy...