Maritime Cargo News - page 4


Libyan Crude Exports Rise Sharply

Sep 16, 2024

Libyan crude exports reached about 550,000 barrels per day last week, a three-fold increase on the previous week, according to data from analytics firm Kpler and a shipping agent.Tankers carrying crude including Flavin, Pacific Pearl, Ghibli…

Loadings Picking up at Russia's Arctic LNG 2

Sep 16, 2024

The fifth cargo of liquefied natural gas (LNG) from Russia's Arctic LNG 2 has been picked up by a vessel managed by a company under U.S. sanctions, according to ship tracking data.The Arctic LNG 2 project by Russia's Novatek is also subject to Western sanctions over Russia's war with Ukraine…

Wallenius Wilhelmsen's Brunswick Facility Welcomes NACUP

Sep 16, 2024

Wallenius Wilhelmsen’s expanded Brunswick, Ga., port facility is now home to Develon and Hyundai Construction’s North American Customization Plant (NACUP), following the move from Savannah, Ga.The move from Savannah to Brunswick allows the NACUP to increase in size by more than 50%…

US Ports Applaud Exemption on Crane Tariffs

Sep 15, 2024

The American Association of Port Authorities (AAPA) has applauded the exemption granted in the United States Trade Representative's (USTR) decision to finalize a 25% tariff on ship-to-shore cranes.The final determination excludes cranes manufactured…

Gas Supply Deal Signed for Galveston LNG Bunker Port

Sep 13, 2024

Galveston LNG Bunker Port (GLBP) announced a gas supply agreement (GSA) with Energy Transfer’s Houston Pipeline Company (HPL), in a new milestone for the development of the region’s first dedicated liquefied natural gas (LNG) bunker terminal…

US LNG Exporters Expected to Escape Brunt of Hurricane Francine

Sep 12, 2024

U.S. liquefied natural gas export terminals on the Louisiana coast may have escaped the brunt of Hurricane Francine and put off a major test of their ability to withstand a direct storm hit to another day.Francine was on track on Wednesday to lash south-central Louisiana…

US Gulf Coast Energy Facilities Brace for Storm Francine

Sep 10, 2024

Energy facilities along the U.S. Gulf Coast have begun scaling back operations and evacuating some production sites as Tropical Storm Francine swept through the energy-rich region, and was poised to strengthen into a hurricane later Tuesday…

Port of Los Angeles Greenlights $52 Million Rail Expansion

Sep 09, 2024

The Los Angeles Harbor Commission has approved a pivotal lease amendment that clears the way for a major $52 million infrastructure enhancement at the Port of Los Angeles’ Pier 300 terminal, managed by Fenix Marine Services. The ambitious project…

West Wharf Upgraded at Plymouth’s Millbay Docks

Sep 09, 2024

Associated British Ports (ABP) has announced the completion of a key phase in the redevelopment of Millbay Docks, part of the Port of Plymouth. The milestone marks the first major project funded by the UK Government's Plymouth and South Devon Freeport seed capital program…

Plaquemines LNG Export Plant Gets Key Regulatory Approval

Sep 09, 2024

Federal regulators on Friday gave Venture Global LNG permission to begin preparations for the start-up of liquefied natural gas equipment at its Plaquemines export plant in Louisiana, taking a step closer to first LNG production for the facility…

US Gulf Coast-bound Fuel Oil Cargoes Hit Five-year Low

Sep 06, 2024

Fuel oil exports bound for the U.S. Gulf Coast slumped to their lowest level since January 2019 last month, a sign of weakened refinery demand as margins have softened, analysts said.Feedstocks like high sulfur fuel oil and other heavy residues…

Oil Loadings at Russia's Western Ports on the Rise

Sep 06, 2024

Russia will increase oil exports via its western ports to 1.98 million barrels per day (bpd) in September, up by just 30,000 bpd from August, despite expected start of seasonal maintenance on Russian refineries, two trade sources said on Friday…

US LNG Export Dominance Tested as Europe's Demand Wilts

Sep 05, 2024

The United States has remained the largest exporter of liquefied natural gas (LNG) so far in 2024, but a steep drop in selling prices and a sharp swing in export volumes to key markets is likely testing exporter appetite to stay on top.The United States shipped a record 56…

Western Group Rebrands as SSA Marine

Sep 05, 2024

Western Group, a logistics provider connecting global trade to Canada's marine, rail, and road transportation corridors, announced that it has rebranded under the SSA Marine name.Since 2006, Western Group has been part of the Carrix family of companies and has worked closely with SSA Marine…

Libya Oil Exports Are Mostly at a Standstill

Sep 05, 2024

Libyan oil exports remained largely halted on Thursday, shipping data showed, but some tankers were being allowed to load crude from storage, with output still curtailed amid a political standoff over the central bank and oil revenue.Oil tanker…

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