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Security at Brazilian Port Reinforced on Invasion Threat

Jan 11, 2023

Brazilian oil workers union FUP said on Wednesday that intelligence staff at state-run Petrobras are aware of a potential plan to invade its Transpetro terminal located in the Maceio port in northeast Brazil.The threat comes as Brazil braces…

Freeport LNG May Extend Texas Plant Restart to February

Jan 11, 2023

Top U.S. gas exporter, Freeport LNG, is expected to further extend the seven-month-long outage of its liquefied natural gas (LNG) export plant in Texas to February, as it awaits regulatory approvals, three sources told Reuters on Wednesday.Accounting for 20% of U…

New Cargo Service Begins at Port Canaveral

Jan 09, 2023

Bulk materials supplier Blue Water Industries has entered into an agreement with Port Canaveral terminal operator Ambassador Services International (ASI) to import between 400,000 to 800,000 metric tons annually of various sized aggregate through Port Canaveral…

Lack of Dredging Could Delay Chevron's Venezuela Oil Exports

Jan 05, 2023

A shipping channel snafu is slowing Chevron Corp’s efforts to load tankers at one of its four Venezuelan joint ventures and bring heavy crude to the United States, three people familiar with the matter said on Wednesday.Washington in November authorized the last major U…

US Poised to Regain Crown as World's Top LNG Exporter

Jan 04, 2023

The United States is on track to become the world's biggest exporter of liquefied natural gas (LNG) this year - ahead of current market leader Australia - once a fire-idled Texas plant is restarted, according to Reuters data.A June fire sidelined Freeport LNG…

FSRU Exemplar Arrives in Finland

Dec 29, 2022

Excelerate Energy's floating storage and regasification unit (“FSRU”) Exemplar arrived at the port of Inkoo, Finland on December 28, 2022. The FSRU was previously loaded with a partial cargo of liquefied natural gas (LNG) which will serve as the initial commissioning cargo for the terminal…

Galveston Mulls Adding Fourth Cruise Terminal

Dec 27, 2022

The Galveston Wharves and cruise company MSC Cruises are negotiating the development of a fourth cruise terminal at the Port of Galveston. The entities signed a non-binding memorandum of understanding (MOU) on December 7 outlining parameters…

MSC Group Completes Purchase of Bolloré Africa Logistics

Dec 21, 2022

French conglomerate Bollore, run by the family of billionaire Vincent Bollore, said on Wednesday it had completed the sale of its Bolloré Africa Logistics arm to shipping company MSC Group.The Bolloré company added the transaction was on the basis of a 5…

Gas Starts to Flow to Freeport LNG Export Plant in Texas

Dec 20, 2022

Freeport LNG’s long-shut liquefied natural gas (LNG) export plant in Texas was on track to receive natural gas on Tuesday, according to data from Refinitiv, a possible sign the plant might meet the company’s projected end-of-the-year return date…

Port of Rotterdam to Allow Mixed Berthing

Dec 20, 2022

The Port of Rotterdam said it will allow mixed berthing from the second week of January, opening up about 50 mixed berths for inland vessels carrying hazardous cargo.The move, which will allow so-called cone ships (named after the 1 or 2 blue…

Boston's Flynn Cruiseport Reports 'Strong Rebound'

Dec 14, 2022

The Massachusetts Port Authority (Massport) reports it saw business bounce back at Flynn Cruiseport Boston this year with 310,767 passengers and 128 cruise ships this season, including 56 homeport vessels and 72 port of calls.The Cruiseport…

Carrix Names Uffe Ostergaard CEO

Dec 14, 2022

Carrix, Inc., the Seattle-based parent company of SSA Marine, Inc., Tideworks Technology, Rail Management Services and other subsidiaries, announced Uffe Ostergaard will be appointed as Chief Executive Officer effective March 2023. The company’s current Chief Executive Officer…

China’s Belt and Road Infrastructure Projects Could Help or Hurt Oceans and Coasts Worldwide

Dec 12, 2022

More than one-third of all people in the world live in cities, towns and villages on coasts. They rely on healthy oceans for many things, including food, income, a stable climate and ready connections to nature.But as coastal populations continue to grow…

Terminal Operators Upgrade Rail-shortsea Connection at Rotterdam

Dec 07, 2022

Procedures have been overhauled in a critical link between Europe’s rail freight and shortsea networks in Rotterdam, in an upgrade responding to customer feedback which also enhances multimodal transport competitiveness.Rail Service Center Rotterdam…

Decarbonization Group Seeks Proposals for Carbon Capture Shipping Project

Dec 06, 2022

A Singapore-based decarbonization group said on Tuesday it was seeking proposals to study ways to offload captured carbon dioxide from ships during port calls.The call for proposals is part of the world's first project aimed at building and…

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Floating Wind to Drive U.S West Coast Port Developments

Venezuela's PDVSA Tightens Oil Prepayment Rules

Venezuela's PDVSA Tightens Oil Prepayment Rules

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Finance: Investors Become Super-Bullish on Oil

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