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Angola LNG Offers Cargo for Delivery into Asia

Nov 02, 2018

Angola's liquefied natural gas (LNG) export plant has offered to sell a cargo for delivery into Asia in December, two industry sources said on Friday.Bids are due by Nov. 6, and are to remain valid until Nov. 7, one of them said.(Reporting by Jessica Jaganathan, Editing by Sherry Jacob-Phillips)

U.S. Approves LNG Exports from Corpus Christi, Texas Plant

Nov 02, 2018

The U.S. Department of Energy said on Friday it has approved exports of liquefied natural gas exports to non-free trade agreement countries from the Corpus Christi Liquefaction Project in Texas for two years.The approval for 2.1 billion cubic…

Maritime Administrator Welcomes Cadets to Annual Women on the Water Conference

Nov 02, 2018

Maritime Administrator Mark H. Buzby welcomed female cadets from the seven U.S. maritime academies to the 10th annual Women on the Water Conference, held November 1-3 in Castine, Maine. The conference, sponsored by the Maine Maritime Academy (MMA) in partnership with the U…

Marad Taps Buono as USMMA Superintendent

Nov 02, 2018

Maritime Administrator Mark Buzby has announced Jack Buono as the new superintendent for the U.S. Merchant Marine Academy.Buono will take command at the Academy on November 9, having most recently served as President and CEO of ExxonMobil’s shipping subsidiary…

Magellan Bids to Build U.S. GoM Oil Export Terminal

Nov 02, 2018

Magellan Midstream Partners LP on Thursday became the latest company to join a crowded group looking to build an oil export terminal on the U.S. Gulf Coast designed to load supertankers.U.S. oil exports are expanding rapidly, but volumes are…

Big Oil Set to Cash in on IMO 2020 Rules

Nov 02, 2018

The world's biggest oil traders are gearing up to cash in on big disruptions that could hit the shipping fuel market in just over a year due to new U.N.-mandated environmental rules.International Maritime Organization (IMO) regulations will cut the limit for sulphur in marine fuels globally from 3…

Teekay Offshore Settles Dispute with Petrobras

Nov 02, 2018

Bermuda-based marine services company Teekay Offshore Partners announced that certain of its subsidiaries have entered into a settlement agreement with Petrobras with respect to various disputes relating to the previously-terminated charter…

EU Approves State Aid for Lithuania’s Klaipėda LNG Terminal

Nov 02, 2018

The European Commission said that the EC has approved under EU State aid rules the compensation granted by Lithuania to LITGAS for supplying a mandatory quantity of liquefied natural gas (LNG) to the LNG terminal in Klaipėda.In November 2013…

First Aloha-Class Ship Delivered to Matson

Nov 02, 2018

Matson, Inc.  took delivery of the first of two new Aloha Class containerships built for Matson's Hawaii service at Philly Shipyard.Christened 'Daniel K. Inouye' in honor of Hawaii's late senior U.S. Senator, the vessel is the largest containership ever built in the United States…

Port Oakland Opens Cold Storage Facility

Nov 01, 2018

Lineage Logistics  and Dreisbach Enterprises announced the official opening of Lineage Cool Port Oakland, the world’s latest next-generation cold storage and logistics facility.Set on 25 acres at the Port of Oakland’s waterfront, Cool Port will…

APM Terminals Bahrain IPO Aims to Raise USD 30 mln

Nov 01, 2018

Port operator APM Terminals Bahrain plans to raise around BHD12m ($32m) through its planned initial public offering (IPO). This is the first IPO for a transport and logistics company in the Kingdom to list on the Bahrain Bourse. The listing…

Wärtsilä Sells Pumps Business to Solix Group

Nov 01, 2018

Finnish technology group Wärtsilä has divested its pumps business to Solix Group, a Scandinavian investment company with offices in Copenhagen, Denmark and Malmö, Sweden.According to a press release from the marine technology giant, Wärtsilä…

Port Groups Join for Go Green Initiative

Nov 01, 2018

Five global container port operators have jointly undertaken a week-long initiative to promote sustainable resource usage  in their respective port and facility networks through mass recycling.During the fifth annual Go Green Initiative, 8,332 employees of DP World…

London Thamesport Eyes Short-Sea Container Hub Status

Nov 01, 2018

Hutchison Ports London Thamesport’s growing reputation as a short-sea container hub has been further enhanced by Helsinki-based Containerships plc’s introduction of a second weekly service from Gdynia, Poland.Containerships has chosen the Kent…

Port of Los Angeles Issues Statement on Box Incident

Nov 01, 2018

The following information was released by the Port of Los Angeles:Because our facilitation of a safe and secure supply chain is top priority at the Port of Los Angeles, the incident involving an export-bound shipping container that exploded…

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