LNG Terminals News

Research Report on China Shipbuilding Industry, 2014-2018

MUMBAI, April 8, 2014 /PRNewswire/ --Bharat Book Bureau presents Research Report on China Shipbuilding Industry, 2014-2018. Shipbuilding industry is developing speedily in China. It has greatly contributed to industries such as water transportation, fishery and marine development since China joined WTO. Status of the industry in Chinese economy keeps rising.

Ichthys LNG project buoyancy supplied by Matrix

Matrix Composites & Engineering has entered into an agreement with a subsidiary of McDermott International Inc. in Australia for the supply of production buoyancy on the INPEX-operated Ichthys LNG project.McDermott is the appointed main contractor for the subsea umbilical, riser, flowline project for INPEX. Matrix will…

After dropping anchor in Portland, Iceland’s Eimskip looks to hunker down, expand

In the year since Eimskip, the 100-year-old, Reykjavik-based shipping company, moved its U.S. port of call for its own vessels to Portland from Norfolk, Va., the company already is handling 5,000 containers, has signed 20 export/import business customers and is growing roots in the community through charity and other events.

Libya Oil Sales to Rise as Rebels Agree to Surrender Ports

increase of at least 180,000 barrels a day. dropped in London. Salah Al-Mirghani in a televised press conference in Zueitina. they control, Es Sider and Ras Lanuf, in two to four weeks. Rebel spokesman Ali Al-Hasy confirmed the accord by telephone. protests halted oil fields and ports. in Sydney. two stages, Al-Mirghani said. obstructing work at the ports.

Container Ship Runs Aground Off Hong Kong Island Coast

rough seas in one of the worlds busiest shipping lanes. branch said by phone yesterday. according to the police. is about 193 meters (633 feet) long, is unclear, they said. police said. monsoon signal at 6:45 p.m. website. website. GmbH, according to data compiled by Bloomberg. ship can carry, the data show. neighboring Hong Kong, according to the data. regular business hours.

Seaway, shippers, ports investing heavily on anticipation of growing demand

The St. Lawrence Seaway, shippers and Canadian ports are investing heavily to upgrade their operations on the anticipation that an improving North American economy will continue to propel demand, despite the the vagaries of Mother Nature that delayed this year's start to the shipping season.The seaway plans to spend $500 million through 2018 in Canada and the United States…

KVH mini-VSAT broadband network increases market share lead

MIDDLETOWN, RI  The mini-VSAT Broadband service from KVH Industries, Inc., (Nasdaq: KVHI) increased its dominance of the maritime VSAT market according to the latest edition of a report from Euroconsult, the leading global consulting firm specializing in space markets. Maritime Telecom Solutions by Satellite: Global Market Analysis & Forecasts…
Renny Keal tosses a bag of oil soaked sand into a pickup on Monday March 24, 2014, as crews begin cleaning up oil from the Texas City Dike. More than 160,000 gallons of heavy fuel oil spilled into the bay after a barge collided with a ship Saturday near the dike. Photo: Jennifer Reynolds, Associated Press

29 dead dolphins found since oil spill

A worker gathers oil that spilled onto the sands of the Texas City dike at the site of the wrecked barge that leaked fuel into the Houston Ship Channel, Monday, March 24, 2014, in Texas City. Thousands of gallons of tar-like oil spilled into the major U.S. shipping channel after a barge ran into a ship Saturday. Workers…

Tanker Operator Tanker sector hits Stolt results

This compares with $36.7 mill profit, with revenue of $524.5 mill in the fourth quarter of 2013. Highlights for 1Q14, compared with 4Q13, were:Stolt Tankers reported an operating profit of $9.8 mill, down from $15.8 mill, due to lower contract volumes and increased port delays caused by adverse winter weather conditions.

Tanker Operator KNOT to expand shuttle tankers

As well as building up its fleet of LNGCs, FSRUs, FSOs, etc, NYK also plans to expand it shuttle tanker fleet through Knutsen NYK Offshore Tankers (KNOT) by seven vessels to 34.

Talks of seizing land for Portland cargo terminal drag on

1:00 AM The Maine DOTs plan to allow cargo to go from ships to trains is tied up in eminent domain bargaining that the shoreland owner calls painful. By Randy Billingsrbillings@pressherald.comStaff Writer The Maine Department of Transportation is taking land on West Commercial Street in Portland by eminent domain to expand the International Marine Terminal…

Yanbu Industrial Port handles 14m tons of goods in 2 months

The Yanbu Industrial Port (YIP) has registered record rates in the volume of goods handled with 13.7 million tons of goods and petroleum derivatives in a two-month period. In February, YIP handled more than 6.3 million tons of goods of which 764,900 tons were imported while 5.5 million tons were in the form of exports.In January…

BENICIA, Calif.: Officials concerned about crude-oil rail shipments - Business Breaking News

BENICIA, Calif. Local and state leaders are raising concerns about a San Francisco Bay Area refinery's plan to move as many as 100 train cars of flammable crude oil daily through Northern California cities.The Sacramento Bee reports (http://bit.ly/1mKFu3a ) the Valero Refining Company in Benicia plans to have trains travel…

UN imposes sanctions on vessels involved in illegal oil exports

Tripoli, 19 March 2014:The UN Security Council today voted unanimously to adopt a resolution condemning attempts to illicitly export oil from Libya and imposing sanctions on any vessels attempting to do so.The move came after the tanker Morning Glory successfully loaded a shipment of crude oil from Sidra oil export terminal…

Shipping company ZIM adds Richmond port as stop - ABC 8NEWS - WRIC

RICHMOND, Va. (AP) - Shipping company ZIM USA has added the Port of Richmond as a stop for its container service.ZIM's Americas, Canada and Caribbean-area president, Lea Bogatch-Genossar, says the company will use the inland port to serve furniture and finished product manufacturers from Asia.Gogatch-Genossar says the port…

Iran may raise marine service fees for domestic and foreign shipping lines

Iran may raise marine service fees for domestic and foreign shipping lines, the Mehr News Agency quoted the managing director of Iran's Oil Terminals Company Pirouz Mousavi as saying on March 17. A proposal has been submitted to the National Iranian Oil Company. If approved, fees of marine services to domestic and foreign…

Costa Cruise Passenger Disappears, Found Dead : Cruise Law News

The Pefil newspaper reports that a Brazilian businessman traveling on a Costa cruise ship was reported missing by his wife. He was later found dead on the shores of Rio de la Plata.The newspaper's headline is "Misteriosa muerte del pasajero de un crucero - Un empresario brasileño fue encontrado a 50 metros de la costa del Río de la Plata".Tranlsated…

UN Authorizes Return of Illegal Libyan Oil Exports

The U.N. Security Council condemned the illicit export of crude oil from Libya on Wednesday and authorized U.N. member states to board suspect vessels and return illegally seized oil to the Libyan government. The council unanimously adopted a resolution authorizing the ship inspections three days after U.S. Navy SEAL commandos…

Shipping company ZIM adds Richmond port as stop

Shipping company ZIM USA has added the Port of Richmond as a stop for its container service.ZIM's Americas, Canada and Caribbean-area president, Lea Bogatch-Genossar, says the company will use the inland port to serve furniture and finished product manufacturers from Asia.Gogatch-Genossar says the port also will be used…

V O Chidambaranar port trust handles 1,39,610 tonnes of cargo on August 31

TUTICORIN: The V O Chidambaranar Port Trust handled 1,39,610 tonnes of cargo on August 31, surpassing the previous single day traffic record of 1,17,641 tonnes on July 11, 2009. The major cargos that contributed to this are industrial coal, thermal coal, containers cargo, gypsum, limestone and copper concentrate, a release said.