Maritime Cargo News - page 4

 

Germany Builds up LNG Import Terminals

Jan 02, 2024

German utility RWE on Jan. 1 handed over floating liquefied natural gas (LNG) infrastructure at Brunsbuettel on the North Sea to state-owned Deutsche Energy Terminal (DET) as agreed when first imports arrived 10 months ago, it said.DET is now…

Russian LNG Exports to Europe Fell 1.9% in 2023

Jan 02, 2024

Russian exports of liquefied natural gas (LNG) to Europe fell 1.9% to 15.8 million metric tons in 2023, and LNG exports to Asia fell 11% to 14.9 million tons, LSEG data showed on Tuesday.Europe increased purchases of LNG from global producers…

Oil Loadings Resume from Russia's Port of Novorossiisk After Storm

Dec 28, 2023

Oil loadings from Russia's Black Sea port of Novorossiisk have resumed after being suspended due to a storm on Dec. 27, two sources familiar with the matter told Reuters on Thursday.The port will likely be able to ship all the crude volumes scheduled for December…

Lack of Arctic Tankers Puts Russia's LNG Development Dreams on Ice

Dec 22, 2023

Russia is hoping its shipments of liquefied natural gas (LNG) will offset a sharp fall in pipeline gas exports to Europe, but a shortage of gas tankers and sanctions hold back its plans, analysts and industry sources said.Russia wants to boost its share of the LNG market to 20% by 2030 from 8% now…

Nigeria's Port Harcourt Refinery Restart Imminent

Dec 21, 2023

Nigeria's oil refinery in Port Harcourt will restart operations 'after the Christmas break' following an overhaul, the petroleum minister said on Thursday, following several delays.Africa's top oil exporter has for years prioritised the production…

How Could Red Sea Attacks Affect Oil and Gas Shipping?

Dec 19, 2023

Several shipping companies and a few liquefied natural gas (LNG) tankers have decided to avoid the world's main East-West trade route, following attacks launched by Yemen's Houthi group on commercial ships at the southern end of the Red Sea…

Steel Cut on Seventh SunStone Infinity Cruise Ship

Dec 15, 2023

The steel cutting ceremony for the seventh and final vessel in the Infinity series of expedition cruise ships took place at the Haimen shipyard of China Merchants Heavy Industries (CMHI).The PC6 expedition cruise ship, yet to be named, will embark on a long-term charter upon its delivery…

Germany's Stade LNG Project Expects Floating Terminal in February

Dec 13, 2023

Germany's emerging liquefied natural gas (LNG) terminal in the Elbe river port of Stade expects its floating regasification vessel (FSRU) to arrive in February, allowing seaborne gas cargoes to be fed into local pipeline grids, its management said on Wednesday…

JV Aims to Strengthen Shipping Between Middle East and Central Asia

Dec 13, 2023

AD Ports Group has signed an agreement with national railway company Kazakhstan Temir Zholy JSC (Kazakhstan Railways) to form a joint venture to enhance rail connectivity,  maritime shipping services, development of operations in Kazakhstan’s ports…

US LNG Exports Through Panama Canal Shrink, Asia-Europe Spreads Widen

Dec 08, 2023

The number of U.S. liquefied natural gas (LNG) vessels transiting the Panama Canal to Asia halved in November compared with a year ago as Asia prices for the gas this week traded at their steepest premium to European prices in nearly two years…

GPA Invests in Rail Connections, Terminal Capacity

Dec 05, 2023

The Georgia Ports Authority Board has approved expenditure of $127 million to build the Blue Ridge Connector, an inland rail terminal in Gainesville, Ga., linking Northeast Georgia with the Port of Savannah’s 35 global container ship services…

Infrastructure Woes Sour South Africa's Citrus Exports

Nov 22, 2023

South Africa's citrus exports remained flat during the 2023 season, missing an industry target as the country's electricity and logistics problems worsened, the national growers' association said on Wednesday.The world's second biggest citrus exporter after Spain shipped 165…

China Unlikely to Repeat Last Winter's Surge of Fuel Exports

Nov 21, 2023

A surge of diesel and gasoline exports from China in the last northern winter eased then-prevailing fuel shortages in Asia but a repeat performance this year is unlikely.China's exports of refined products have eased from high levels in recent months…

IHI, Vopak Ink Agreement to Develop Ammonia Terminals

Nov 21, 2023

Dutch tank storage company Vopak has signed an initial agreement with Japan's IHI Corporation to explore the development and operation of ammonia terminals, as they expect demand for the low-carbon fuel to grow amid energy transition.The companies…

Transnet Curbs Coal Trucks at Richards Bay Terminal Due to Congestion

Nov 20, 2023

South African state-owned logistics company Transnet said on Monday it was suspending processing trucks carrying coal to its Richards Bay terminal in order to restore order after unprecedented traffic coming into the port.The company is struggling…

Logistics News

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Situational Awareness System Battles Cognitive Fatigue in Watchkeepers

Skanska Set for South Brooklyn Marine Terminal Buildout

Skanska Set for South Brooklyn Marine Terminal Buildout

Dry Bulk Supply/Demand Balance Predicted to Strengthen

Dry Bulk Supply/Demand Balance Predicted to Strengthen

US Military Starts Pier Construction off Gaza

US Military Starts Pier Construction off Gaza

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