Maritime Cargo News

 

Port Constraints for Canada's Trans Mountain Pipeline May Crimp Oil Exports

May 01, 2024

Logistical constraints at the Port of Vancouver mean waterborne oil exports from the highly anticipated Trans Mountain pipeline expansion due to start up on Wednesday may only be around half what the Canadian government-owned corporation has forecast, traders and shipping sources said.The C$34 billion ($24.82 billion) project to nearly triple the flow of crude from Alberta to Canada's Pacific Coast to 890…

Taliban Plan Regional Energy Trade Hub with Russian Oil in Mind

4 hours ago

The Taliban has agreed with Kazakhstan and Turkmenistan to build a logistics hub in western Afghanistan aimed at making the war-torn nation a major logistics point for regional exports, including oil from Russia to South Asia, the country's commerce minister said…

US LNG Exports Fall for Fourth Straight Month

May 01, 2024

U.S. exports of liquefied natural gas (LNG) fell for a fourth consecutive month to 6.19 million metric tons in April from 7.61 million in March on production outages, preliminary data from financial firm LSEG showed on Wednesday.Recurring mechanical problems have hit Freeport LNG…

Green Light for $3 Billion Oil Port off Texas Expected By Year-end

Apr 30, 2024

Enterprise Products Partners on Tuesday said it expects to have two contracts for its proposed deepwater oil export terminal by May 31 and reach a final investment decision before year-end.Enterprise's ambitious Sea Port Oil Terminal (SPOT)…

Crowley Names Shook SVP & GM of Land Transportation Services

Apr 29, 2024

Crowley has named Phil Shook as senior vice president and general manager of Land Transportation Services to lead the company’s newly created business unit.The formal creation of the business unit reflects Crowley’s growth strategy and opportunity in the sectors…

ICTSI Manila Takes Delivery of New Quay Cranes

Apr 23, 2024

International Container Terminal Services, Inc. (ICTSI) has significantly upgraded its ability to handle foreign ultra-container vessels with the recent arrival of three new quay cranes at its flagship Manila International Container Terminal (MICT)…

First in "Prima Plus Class", Norwegian Aqua Launched

Apr 23, 2024

The uniquely painted Norwegian Aqua was launched at the Fincantieri  Marghera (Venice) shipyard, the first vessel in the Prima Plus class for Norwegian Cruise Line's (NCL).With external work now complete, the yard and its partners will forcus…

China's Imports of Russian Oil Near Record High

Apr 22, 2024

Russia remained China's top oil supplier in March, data showed on Saturday, as refiners snapped up stranded Sokol shipments.China's imports from Russia, including supplies via pipelines and sea-borne shipments, jumped 12.5% on the year to 10…

Corpus Christi Crude Oil Exports Up 6.9% in Q1

Apr 19, 2024

The port of Corpus Christi, Texas, the top U.S. oil export hub, said it exported 6.40 million barrels per day of crude oil in the first quarter, up 6.9% from the same period a year ago.The U.S. Gulf Coast port handles more than half the nation's oil exports…

Ships Docked as Striking Greek Workers Protest Over Rising Costs

Apr 18, 2024

Thousands of Greek striking workers, students and pensioners marched through central Athens on Wednesday to protest over wages which they are not enough to cope with rising living costs.Ships remained docked at Greek ports and train services…

US to Reimpose Oil Sanctions on Venezuela

Apr 17, 2024

The Biden administration said it would not renew a license set to expire early on Thursday that had broadly eased Venezuela oil sanctions, moving to reimpose punitive measures in response to President Nicolas Maduro’s failure to meet his election commitments…

Russia's Seaborne Oil Product Exports Fell in March

Apr 15, 2024

Russia's seaborne oil product exports fell 4.2% in March from the previous month to 10.178 million metric tons due to unplanned maintenance at refineries and a uel export ban, data from industry sources and Reuters calculations showed.Russia's…

European Subsidy for Shore Power at Zeebrugge Cruise Terminal

Apr 10, 2024

Port of Antwerp-Bruges will receive a European grant of 3.2 million euros for a shore power installation for cruise ships in Zeebrugge. From 2026, cruise ships will be able to purchase green electricity when docked. It will be four years before this becomes mandatory across Europe…

Gazprom Uses Replacement Vessel to Maintain Gas Loadings

Apr 01, 2024

Russia's Gazprom is using a replacement vessel for ship-to-ship loadings (STS) of liquefied natural gas from its Portovaya LNG plant on the Baltic Sea while another ship is repaired, LSEG data showed on Monday.The floating storage and regasification…

Asia Crude Imports Surge as China, India Snap Up Russian Oil

Mar 28, 2024

Asia's imports of crude oil are expected to rise to the highest in 10 months as heavyweights China and India lifted arrivals from Russia, but impending maintenance schedules and rising prices mean such levels may not be sustained.The world's top importing region is forecast to see arrivals of 27…

Logistics News

Electric Cars Pile Up at European Ports as Chinese Firms Struggle to Find Buyers

Electric Cars Pile Up at European Ports as Chinese Firms Struggle to Find Buyers

Taliban Plan Regional Energy Trade Hub with Russian Oil in Mind

Taliban Plan Regional Energy Trade Hub with Russian Oil in Mind

Lloyd's Insurers Expect Moderate Baltimore Bridge Claims

Lloyd's Insurers Expect Moderate Baltimore Bridge Claims

Maritime Trafficking: How Balkan Gangsters Became Europe's Top Cocaine Suppliers

Maritime Trafficking: How Balkan Gangsters Became Europe's Top Cocaine Suppliers

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