LNG Terminals News

Maritime Training Center hopes to benefit South Phillys maritime industry

Dec 19Leo Holt, President of Holt Logistics; Daniel K. Fitzpatrick, President of Citizens Bank, Mid-Atlantic Region; Dr. L. Joy Gates Black, President of Delaware County Community College and Chair of the Collegiate Consortium for Workforce and Economic Development; H. Patrick Clancy, President and CEO, Philadelphia Works…

Crowley Takes Delivery Of Second LNG-Powered Conro

Crowley Maritime Corp. has taken delivery of Taíno – the second of two of the world’s first combination container/roll on-roll off (ConRo) ships powered by liquefied natural gas (LNG) – from shipbuilder VT Halter Marine Inc., of Pascagoula, Miss.Taíno will soon join sister ship El Coquí, which was delivered in July, in providing fast…

Financial Review: VOLVO AB/ADR (VLVLY) vs. Niu Technologies (NIU)

VOLVO AB/ADR (OTCMKTS:VLVLY) and Niu Technologies (NASDAQ:NIU) are both auto/tires/trucks companies, but which is the better business? We will compare the two businesses based on the strength of their earnings, institutional ownership, dividends, risk, profitability, analyst recommendations and valuation. DividendsVOLVO…

Philly Shipyard to build up to four new container-cargo ships

Philly Shipyard announced Thursday that it will build up to four new container ships and is in "advanced discussions" to create a new cargo shipping line to provide transpacific service between the West Coast and Hawaii.The former Aker Philadelphia Shipyard, renamed in December 2015, said the vessels will provide work for 1…

Phnom Penh Port expansion set to boost Kingdom's waterways shipping

The PPAP is set to have a 300,000 TEU-per-year capacity after completion of the second phase of its container terminal. Photo by Heng Chivoan The launch of the 2nd phase of the Phnom Penh Autonomous Port`s (PPAP) container terminal will boost the Kingdom`s waterway shipping through more trade capacity and reduced costs, according to industry insiders.

FPSO Market Estimated to Reach US$ 66 Bn by 2026

offloading of oil and gas. oil tanker or a newly constructed unit. facilities onboard. onshore receiving facilities through a shuttle tanker. (1,500 meters and above) areas. near future. which, in turn, is driving expansion of the FPSO market. boosting the FPSO market. of oil and gas, especially in deepwater and ultra-deepwater areas. exploration activities to offshore deepwater areas.

German upswing continues despite trade conflicts

FILE PHOTO: A container ship is loaded at a terminal in the harbour of Hamburg, Germany September 23, 2012. REUTERS/Fabian BimmerBERLIN (Reuters) - The German economy remains on a growth track due to strong domestic demand, but the upswing is being slowed down by a difficult trade environment and temporary effects in the automobile sector, the Economy Ministry said on Thursday.

Strong winds battering Britain cause maritime chaos

Major operations are under way after strong winds battering Britain saw a Russian cargo ship run aground off the Cornish coast and lorries overturn on a ferry in Scotland. The 16,000-tonne Russian vessel Kuzma Minin grounded off Gyllyngvase Beach in Falmouth at about 5.40am on Tuesday, in what witnesses described as extreme and horrific weather.

Reviewing PFO Global (PFGBQ) and Iridium Communications (IRDM)

Iridium Communications (NASDAQ:IRDM) and PFO Global (OTCMKTS:PFGBQ) are both computer and technology companies, but which is the better investment? We will compare the two businesses based on the strength of their analyst recommendations, institutional ownership, profitability, risk, dividends, valuation and earnings. Volatility and RiskIridium Communications has a beta of 2.04…

'Major incident' on board N.I. ferry - What we know so far

The emergency services are currently at the scene of what they describe as a "major incident" involving a passenger ferry travelling from Northern Ireland to Scotland.This is what we know so far.When and what actually happened?A number of lorries toppled over on board the P&O ferry during severe weather conditions.

As Dominion Midstream LP (DM) Shares Rose, A-D-Beadell Investment Counsel Has Increased Its Position

First Citizens Bank & Trust Co decreased its stake in Splunk Inc (SPLK) by 40.13% based on its latest 2018Q3 regulatory filing with the SEC. First Citizens Bank & Trust Co sold 5,454 shares as the company’s stock declined 13.50% with the market. The hedge fund held 8,138 shares of the prepackaged software company at the end of 2018Q3…

Konecranes Chooses Digital Partners - Port Technology International

Maritime technology start-ups CargoMate and Nyris have announced they will work with industry-leading ports solutions provider Konecranes to pilot their call optimization technology.The announcement comes following Konecranes' start-up programme, REACH, scouted over 2,000 companies to find new technologies that could benefit customers in ports and terminals.

UW Evans School study of Fauntleroy ferry service proposes improvements to technology, engagement

News roundups  |  Politics and government  |  Research  |  UW and the communityDecember 17, 2018Suggested upgrades to technology, training and communication and funding them appropriately lie at the heart of recommendations to the state from researchers at the University of Washington after a months-long study of service…

Reviewing Enviro Technologies (EVTN) & WARTSILA OYJ/ADR (WRTBY)

WARTSILA OYJ/ADR (OTCMKTS:WRTBY) and Enviro Technologies (OTCMKTS:EVTN) are both business services companies, but which is the better stock? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, dividends, valuation, risk, profitability and institutional ownership. Risk and VolatilityWARTSILA OYJ/ADR has a beta of 1.49…

Major Oil Spill In Rotterdam

The Odfjell tanker Bow Jubail struck a jetty at the Port of Rotterdam, rupturing her hull and releasing an estimated 220 tons of bunker fuel into the water. No injuries were reported, and she berthed without further incident. According to a Reuters report, a clean-up operation was underway after an oil freighter punctured its hull while mooring…

First LNG export cargo from Texas headed to Greece: Cheniere

The Maria Energy LNG tanker carrying the first export cargo from Cheniere Energy’s terminal near Corpus Christi, Texas, is headed to Greece, a company spokesman said Thursday.A statement from Greece’s Ministry of Environment and Energy posted on Twitter by the US Embassy in Athens said the country was expecting its first spot LNG cargo from the US to arrive on December 29.

Qatar Buys Mexican Oil Stakes From Eni

Qatar Buys Mexican Oil Stakes From EniMore(Bloomberg) -- Qatar Petroleum is buying stakes in three offshore oil blocks in Mexico from Eni SpA, as the Arab country signs another global expansion deal after leaving OPEC.Eni and the government-owned energy company in Qatar, the worlds biggest exporter of liquefied natural gas…

Gulf Coast VLCC-loading projects move forward amid rising pressure to export US crude

Two planned VLCC-loading projects along the Texas Gulf Coast — one in Corpus Christi and another offshore Freeport — are moving forward as pressure increases to export more US crude on supertankers.Lone Star Ports, a joint venture between The Carlyle Group and The Berry Group, was named to lead the development of the first US onshore export terminal servicing VLCCs on Harbor Island…

Coda Octopus Group (CODA) and Harris (HRS) Critical Survey

Coda Octopus Group (NASDAQ:CODA) and Harris (NYSE:HRS) are both computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their valuation, dividends, risk, institutional ownership, earnings, profitability and analyst recommendations. Harris has higher revenue and earnings than Coda Octopus Group.

One of two petroleum coke piles removed from riverfront

There's one less pile of petroleum coke being stored on the Detroit riverfront.Nicholson Terminal and Dock Company, which manages operations at storage site southwest of the Ambassador Bridge, has reportedly decided to no longer accept pet coke on the site.An official with Detroit's Environmental Affairs Department tells…