Latest News - page 171


US East Coast Ports Union Prepping for Possible Strike

Sep 04, 2024

The International Longshoremen's Association union, representing 45,000 workers at major container ports from Texas to Maine, will begin two days of meetings on Wednesday to review wage demands and prepare for a potential strike on Oct. 1.Formal…

Rain Lifts Rhine River Levels in Germany but Shipping Still Limited

Sep 04, 2024

Rain has raised water levels on the Rhine in Germany but most of the river remains too shallow for cargo vessels to sail fully loaded, commodity traders said on Wednesday, following a bout of dry weather in August.Ship operators imposed surcharges…

Fierce Competition Drives Down the Cost of US Dredging Projects

Sep 03, 2024

Heavy competition within the U.S. dredging sector helps to save American taxpayers hundreds of millions of dollars each year, as highlighted by a recent industry report.According to the 'U.S. Dredging Report: An Analysis of the FY23 U.S. Federal Dredging Market'…

Power Outage Hits Port of Rotterdam; Issue Resolved

Sep 03, 2024

A power outage in the Rotterdam port area in the Netherlands briefly interrupted operations at one of Europe's biggest oil refineries on Tuesday, the plant's operator BP said.Electricity grid operator TenneT said the problem was solved shortly after 1000 GMT…

Exxon's Rotterdam Refinery Not Impacted by Power Outage

Sep 03, 2024

U.S. oil major Exxon Mobil said on Tuesday its 190,000-barrels-per-day Rotterdam refinery was not impacted by the power outage.A power outage hit the Rotterdam port area in the Netherlands for several hours on Tuesday, electricity grid operator TenneT said…

LNG Carriers Line Up At Malaysia's Bintulu Complex After Maintenance

Sep 03, 2024

A backlog of liquefied natural gas (LNG) tankers is waiting to load at Malaysia's Bintulu terminal this week after outages and maintenance work disrupted production, according to industry sources and shiptracking data.The Bintulu facility in Sarawak…

Mammoet Launches World’s Strongest Land-Based Crane for Energy Sector

Sep 02, 2024

Heavy lift and transport services firm Mammoet has launched the SK6000 land-based crane, said to be the world’s strongest, capable of handling large offshore wind components and delivering reduced integration times to offshore oil and gas projects…

Russia's Seaborne Diesel Exports Fall to One-year Low

Aug 30, 2024

Russia's seaborne diesel and gasoil exports are expected to fall in August to the lowest since September 2023 at 2.7 million-2.8 million metric tons due to refinery maintenance and domestic fuel demand, LSEG and market sources data show.Russia's…

Romania Looks to Buy Moldova's Danube River Port of Giurgiulesti

Aug 30, 2024

Romania said on Wednesday it aimed to buy neighboring Moldova's Danube River port of Giurgiulesti from the European Bank for Reconstruction and Development (EBRD) as it seeks to boost its logistics role in central and southeast Europe.The port…

Nigeria Seeking Operators for State-owned Oil Refineries

Aug 30, 2024

Nigeria's state-owned NNPC Ltd oil company said it has started the tender process for the operation of the Warri and Kaduna refineries, which are scheduled to begin processing crude this year.The oil refineries, which are being upgraded after being shut for several years…

Adani Ports to Buy $185 Million Stake in Astro Offshore

Aug 30, 2024

Adani Ports and Special Economic Zone said on Friday it will buy a majority stake in an offshore support vessel operator for $185 million, expanding its fleet and diversifying beyond port operations.Astro Offshore, in which Adani Ports will buy an 80% stake…

Traders Shipping Record Diesel Volumes from Asia in VLCCs

Aug 29, 2024

Traders are slated to load record volumes of diesel on very-large crude carriers (VLCCs) from Asia to West of Suez markets in August, a trend likely to continue next month, data from trade sources and shiptrackers showed.Five supertankers - Maran Leo…

New Deepwater Berth Opens to Accommodate Offshore Wind Vessels in New Bedford

Aug 29, 2024

The New Bedford Foss Marine Terminal (NBFMT) this month opened its first deepwater berth to accommodate vessels serving North America’s emerging offshore wind sector.This milestone, reached after two years of demolition and construction, marks…

Freeport LNG Plant in Texas to Return to Service

Aug 29, 2024

U.S. liquefied natural gas (LNG) company Freeport LNG's export plant in Texas was on track to return to service on Thursday after shutting on Wednesday, LSEG data showed.Freeport is one of the most-watched U.S. LNG export plants in the world…

Poland Will Build Port for Nuclear Power Plant

Aug 29, 2024

An agreement regarding the multi-sector project Marine Off-Loading Facility “MOLF”, which is an element of the infrastructure accompanying the construction of the first nuclear power plant in Poland at the Lubiatowo-Kopalino location, was signed in the presence of Dariusz Klimczak…

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