After Peak

After Peak refers to the period of time when global oil production has reached its maximum point and begins to decline. This phenomenon is also known as 'peak oil'. After Peak is characterized by a decline in oil production, which leads to an increase in oil prices and a shift towards alternative energy sources. The concept of After Peak is important for the maritime industry as it heavily relies on oil for transportation and energy. As oil becomes scarcer and more expensive, the maritime industry will need to adapt by finding alternative energy sources and improving efficiency.
Your Previous Searches
Random Picks
  • Freight: Freight refers to the goods or cargo that are transported by ships, planes, trucks, or trains. In the maritime context, freight is the amount of money paid for the transportation of goods by sea. It is calculated based on the weight, volume ... Read More >>
  • Channel 16: In maritime context, Channel 16 refers to a specific frequency (156.800 MHz) used for maritime communication. It is internationally recognized as the VHF (Very High Frequency) radio channel for distress, safety, and calling. It serves as th ... Read More >>
  • Quays: Quays are structures built parallel to the water's edge for the purpose of loading and unloading ships. They are typically made of concrete, stone, or steel and are designed to withstand the weight of heavy cargo and the forces of the sea. ... Read More >>
Top News

Trump is back to 'bombing the hell' out of terror groups, from the Houthis to IS...

The US military has stepped up its airstrikes against ISIS in Somalia and launched an intensive bombing campaign against the Houthis....

News Source: Business Insider on 2025-04-17

Bangladesh, Pakistan officials resume bilateral talks after 15 years' gap...

Foreign ministry officials from Bangladesh’s interim government and Pakistan have resumed talks after a 15-year gap, as the two South Asian Muslim-majority nations attempted to ease strained relatio...

News Source: ABC News on 2025-04-17

50 dead after a boat catches fire in Congo...

A boat has capsized after catching fire in the Democratic Republic of Congo, leaving at least 50 people dead and hundreds missing, a local official said....

News Source: NBC News on 2025-04-17

Egypt's revenue from the Suez Canal plunged sharply in 2024...

Officials say Egypt’s revenue from the Suez Canal plunged by almost two thirds last year, attributing the sharp drop to regional tensions and wars in the Middle East that have impacted traffic throu...

News Source: ABC News on 2025-04-16

Greece announces plans on maritime use, irking neighboring Turkey...

Greece has announced plans for managing activities in maritime areas, such as tourism, offshore energy drilling, fishing and environmental protections, irking neighboring Turkey, which said the plans ...

News Source: ABC News on 2025-04-16