Shell is considering a sale of its Singapore refining and petrochemical plants as part of a broader strategic review and has hired investment bank Goldman Sachs to explore a potential deal, said several sources close to the matter.The global energy major's new CEO…
Throughput capacity at the Gate terminal for liquefied natural gas (LNG) in the port of Rotterdam will be expanded by 4 billion cubic metres (bcm) by 2026, its shareholders Gasunie and Vopak said on Wednesday.The expansion, which requires an investment of around 350 million euros ($380 million)…
Insurance companies have notified charterers of ships operating in Russia's Black Sea ports of an increase in additional payments known as 'war risk premiums', four traders said.A war risk premium was added to the common insurance costs for…
A liquefied natural gas (LNG) cargo from Russia's Gazprom being sent via the Northern Sea Route (NSR) for the first time is destined for the Chinese port of Jingtang, Refinitiv ship tracking data shows.The Velikiy Novgorod tanker was loaded at the Portovaya LNG plant on the Baltic Sea on Aug…
The German government will examine the finances of Deutsche ReGas, the operator of a planned liquefied natural gas (LNG) terminal on the Baltic coast opposed by local authorities, it said in a response to a lawmaker seen by Reuters on Thursday…
APM Terminals Pipavav (GPPL - Gujarat Pipavav Port) has officially kicked off very large gas carrier (VLGC) operations with the maiden berthing of Great Eastern Shipping Company's 230 meters long Jag Viraat earlier this month.The VLGC loaded cargo from Ruwais…
Singapore's marine fuel sales, also known as bunker sales, rebounded in July after a sharp decline in June, while monthly container throughput hit a year-to-date high, official data on Monday showed.Bunker sales at Singapore are a key indicator…
In the business of providing cutting edge software solutions to improve liquid bulk operations, Hans Bobeldijk, CEO, discusses how UAB-Online is a part of the efficiency and decarbonization discussion.
Indonesia's state energy company PT Pertamina said on Tuesday it will develop a fuel storage facility in north Jakarta, following a deadly fire that broke out at a terminal earlier this year and spread into a densely populated residential area…
Paulo Sousa, the president of Cargill's unit in Brazil, said companies should continue making investments in logistics to help Brazil, the world's largest exporter of commodities like soybeans, coffee and sugar, to store and move its agricultural products more efficiently…
Kazakhstan is in talks with Abu Dhabi Ports to set up a joint venture that would help ship Kazakh agricultural exports via Iran and then Gulf ports, the Central Asian nation's government said on Monday.Kazakhstan, a significant exporter of agricultural commodities such as grains and oilseeds…
APM Terminals Pipavav announced it handled 206 trains in July 2023, its highest count for any month this year.Of these, the reminal loaded 166 double stack (DS) trains, surpassing the port's own previous record of loading 157 double stack trains in 2020…
Pakistan is unlikely to meet a target for Russian crude to make up two-thirds of its oil imports, despite attractive prices, hampered by a shortage of foreign currency and limitations at its refineries and ports, officials and analysts say.The…
A Liberian-flagged oil tanker set sail in May from Russia's Ust-Luga port carrying crude on behalf of a little-known trading company based in Hong Kong. Before the ship had even reached its destination in India, the cargo changed hands.The new owner of the 100…
Amsterdam took a first step toward banning large cruise liners under broader plans to reduce mass tourism and pollution, officials said on Friday.Once implemented, the measures adopted by the city council would bring the Dutch capital into line with other high-profile European cities…