Maritime Cargo News

 

Bellingham Shipping Terminal to Reconnect to Rail with $17.9 Million Grant

Aug 28, 2024

The Port of Bellingham announced it has secured a $17.9 million federal grant from the U.S. Department of Transportation (DOT) to reconnect the Bellingham Shipping Terminal to the BNSF main line and return this asset to a fully functioning multimodal terminal.The new rail connection will create jobs, reduce carbon emissions, and keep supply chains and the economy moving forward by allowing the efficient transportation of marine cargo on over 32…

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…

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…

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…

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…

Plaquemines LNG Plant Nearing Test Mode Startup

Aug 23, 2024

A tanker full of liquefied natural gas (LNG) docked at Venture Global LNG's Plaquemines export plant in Louisiana, according to shipping data from LSEG on Friday, in what energy analysts said was a sign the plant could start up in test mode soon…

Canada Acts Swiftly to End Nationwide Rail Shutdown

Aug 22, 2024

The Canadian government moved quickly on Thursday to end an unprecedented rail stoppage, announcing it would ask the country's industrial relations board to issue a back-to-work order that could come in a few days.Canada's top two railroads had locked out more than 9…

Port of Virginia Wraps Up Rail Yard Expansion

Aug 14, 2024

The Port of Virginia has fully activated its expanded central rail yard, marking the completion of a project that now enables the port to handle 2 million 20-foot equivalent units (TEUs) by rail each year.“Modernizing and expanding the capability…

Partners to Develop LNG Terminal on Mexico's West Coast

Aug 07, 2024

Energy company GFI LNG and energy infrastructure developer Pilot LNG announced a partnership to develop, construct and operate a small-scale liquefied natural gas (LNG) terminal in Salina Cruz, Mexico.The partners said they plan to commence…

Rail Expansion to Boost Container Shipping from Georgia Ports

Aug 07, 2024

The Georgia Ports Authority (GPA) is enhancing its rail cargo capacity to transport containers across the state and into the Midwest more quickly and efficientlyGPA General Manager of Inland Operations Wesley Barrell, speaking at the inaugural…

Logistics News

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

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

Ukraine's Maritime Food Exports Fall in August

Ukraine's Maritime Food Exports Fall in August

Oil Loadings at Russia's Western Ports on the Rise

Oil Loadings at Russia's Western Ports on the Rise

US LNG Export Dominance Tested as Europe's Demand Wilts

US LNG Export Dominance Tested as Europe's Demand Wilts

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