LNG Terminals News

Nigeria: Concessionaires' grow cargo handling capacity by 284% in 10yrs

Following the concessioning of port terminals by the Federal Government in 2006, the cargo handling capacity of the port has grown by 284.6 per cent. This is even as they have invested over N200 billion in terminal expansions and acquisition of cargo handling equipment. Information made available to Vanguard Maritime Report by the Nigerian Shippers Council…

Is Buying SBM OFFSHORE NV ORDINARY SHARES NETHERL (OTCMKTS:SBFFF) Here Good Idea?

The stock of SBM OFFSHORE NV ORDINARY SHARES NETHERL (OTCMKTS:SBFFF) registered an increase of 2.54% in short interest. SBFFF’s total short interest was 1.66M shares in January as published by FINRA. Its up 2.54% from 1.62 million shares, reported previously. With 100 shares average volume, it will take short sellers 16572 days to cover their SBFFF’s short positions. It closed at $16.5 lastly.

When only their family lived there, young brothers found adventure on isolated Harbour Island

TAMPA — Forty years ago this month, Seddon Island was sold to developers who transformed the 177-acre property off the southern edge of downtown from a phosphate loading terminal into the gated residential community known today as Harbour Island.Tom Hall knows all about it as the man first hired to market the place to investors.For instance…

Competition Commission of India orders DP World, Maersk units to withdraw some notices to clients at

By Aditya KalraNEW DELHI (Reuters) - India's antitrust watchdog has ordered Denmark's A.P. Moller-Maersk and Dubai's DP World to withdraw certain customer advisories which it said could hamper growth of the country's largest container port in Mumbai, a document seen by Reuters showed.The Competition Commission of India…
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Conocophillips (COP) Stock Value Declined While Petersen Flynn & Dinsmore Cut Its Holding; As Nation

Petersen Flynn & Dinsmore Inc decreased its stake in Conocophillips (COP) by 45.97% based on its latest 2018Q3 regulatory filing with the SEC. Petersen Flynn & Dinsmore Inc sold 37,216 shares as the company’s stock declined 8.36% with the market. The institutional investor held 43,739 shares of the integrated oil company at the end of 2018Q3…

No more 'Mungeri Lal Ke Haseen Sapne' for India's waterways: Gadkari

'Mungeri Lal Ke Haseen Sapne' - that is how vision and dream to run cargo ships on the Ganga used to be the butt of many jokes - recalls Nitin Gadkari. Four years down the line - 80 lakh tonnes of cargo sailed on Ganga waters this year and is set to swell to 280 lakh tonnes next year - isn't it a mini revolution, asks the man in-charge for Shipping…

Oakland Completes Massive Waterfront Expansion

The Port of Oakland has concluded its US$67 million waterfront expansion and announced the opening of a new container vessel berth as part of its partnership with terminal operator TraPac. According to a statement, the milestone signals the completion of a two-year project at Oakland’s second largest terminal.The project…

Once The Worlds Greatest Port, Hong Kong Sinks In Global Ranking

(Bloomberg) -- Hong Kongs continued slide down the rankings of the worlds great ports has pushed billionaire Li Ka-shings freight-terminal operator to take action.HongKong International Terminals Ltd., the citys biggest container-terminal operator and part of Lis CK Hutchison Holdings Ltd., is freezing salaries for all its staff this year due to rising competition and the U.S.-China trade war.

Enterprise Products offshore terminal plan slowed by U.S. shutdown: executive

(Reuters) - The U.S. government shutdown has delayed Enterprise Products Partners LP’s plan to build a major U.S. crude export terminal off Houston, blocking the pipeline operator from filing paperwork with U.S. regulators, an executive said on Wednesday. Enterprise plans to file a 10,000-page permit application with the U.S. Maritime Administration and the U.S. Coast Guard as soon as the U.S.
Cheniere Energy, Inc. (NYSEAMERICAN:LNG) Institutional Positions Chart

Holder Old Second National Bank Of Aurora Increased Cheniere Energy (LNG) Position; Bangor Savings B

Bangor Savings Bank increased its stake in Eaton Corp Plc (ETN) by 37.43% based on its latest 2018Q3 regulatory filing with the SEC. Bangor Savings Bank bought 4,360 shares as the company’s stock declined 16.33% with the market. The institutional investor held 16,008 shares of the technology company at the end of 2018Q3, valued at $1.39M, up from 11,648 at the end of the previous reported quarter.

Turkey ship strait delays stalling dozens of oil tankers

Oil tankers exporting Kazakh and Russian crude from ports in the Black Sea are contending with spiraling delays when navigating Turkeys key shipping straits, stalling the delivery of millions of bbl of supplies to refineries on the Mediterranean Sea and beyond.The lengthening queues to pass through the Bosphorus and Dardanelles…

The world is watching while Maine argues over coastal development — Business — Bangor Daily News — B

By any measure, Penobscot Bay pilot David Gelinas has a hard job. In all weather and conditions, he travels miles out to sea to clamber aboard vessels in order to steer them and their cargos safely into port.But harder even than his work has been what he does in his spare time: advocating for the future of the port of Searsport…

Bayonne Bridge Raise the Roadway project to be completed by end of March

STATEN ISLAND, N.Y. -- The six-year, nearly $1.7 billion project to elevate the deck of the Bayonne Bridge from 151 feet to 215 feet is expected to be completed by the end of March.The Bayonne Bridge Navigational Clearance Project, better known as Raise the Roadway, is on target to be completed in the first quarter of 2019…

Vietnam Handles Largest Ever Ship

DRBA budgets approximately $460M for infrastructure projects through 2021

NEW CASTLE —  The Delaware River and Bay Authority (DRBA) Commissioners adopted the agencys 2017 Capital Improvement Program (CIP) along with an Authority-wide Five Year Strategic Plan for the agencys airports and crossing facilities in late December.The 2017 CIP of $122 million is comprised of $99 million in Authority resources and $23 million in federal funds.According to William E.

Strike Causes Truckers To Be Hit With Box Detention Fees

Playing pass the parcel is fun when you're a little kid. It's less so when the parcel is a great big bill that you're being stiffed with as a side effect of a fight between longshoremen and their employer.FreightWaves has been led to believe the owners and operators of trucking fleets may be hit with demands to pay "container detention charges…

Cruise Like A Rock Star On Virgin Voyage’s New ‘Scarlet Lady’ – CBS Miami

Follow CBSMIAMI.COM:Facebook | TwitterMIAMI (CNN) — The words “cruise holiday” and “rock star” don’t usually go together.Unless you’re talking about Virgin Voyages’ first ship, the adults-only Scarlet Lady, which will depart Miami for the Caribbean in 2020.The Richard Branson-backed cruise line has just released renderings of the ship’s 78 luxury “RockStar Suites…

HAMBURGER HAFEN UND LOGISTIK AG HAMBURG (OTCMKTS:HHULF) Sellers Increased By 266.67% Their Shorts

Change of 266.67% for HAMBURGER HAFEN UND LOGISTIK AG HAMBURG (OTCMKTS:HHULF)’s shares shorted was recorded. It was issued in January by FINRA the 4,400 shares shorted on HHULF. Previously was reported up change of 266.67% from 1,200 shares. The last price was $20.45.It’s since January 22, 2018 and is 0.00% down. The stock…

Norway's northernmost oil find could start production in 2026 -OMV | Agricultural Commodities

SANDEFJORD, Norway, Jan 16 (Reuters) - Austria’s OMV and partners plan to invest up to $6 billion initially to develop the Arctic Wisting oil find, Norway’s northernmost oil discovery, which could start production within a decade, a senior executive said on Wednesday. OMV owns a 25 percent stake in the Wisting license and the other stakeholders are Norway’s Equinor…

Elengy Puts LNG Capacities on Sale

Elengy, the main French LNG terminal operator, has announced that it is preparing the sale of access capacities to the Fos Tonkin LNG terminal for the period 2021 – 2030, in the context of a dynamic liquified natural gas (LNG) market.The unit of the energy giant Engie said in a press release that within the sale process…