Maritime Cargo News - page 4

 

US LNG Exporters Expected to Escape Brunt of Hurricane Francine

Sep 12, 2024

U.S. liquefied natural gas export terminals on the Louisiana coast may have escaped the brunt of Hurricane Francine and put off a major test of their ability to withstand a direct storm hit to another day.Francine was on track on Wednesday to lash south-central Louisiana…

US Gulf Coast Energy Facilities Brace for Storm Francine

Sep 10, 2024

Energy facilities along the U.S. Gulf Coast have begun scaling back operations and evacuating some production sites as Tropical Storm Francine swept through the energy-rich region, and was poised to strengthen into a hurricane later Tuesday…

Port of Los Angeles Greenlights $52 Million Rail Expansion

Sep 09, 2024

The Los Angeles Harbor Commission has approved a pivotal lease amendment that clears the way for a major $52 million infrastructure enhancement at the Port of Los Angeles’ Pier 300 terminal, managed by Fenix Marine Services. The ambitious project…

West Wharf Upgraded at Plymouth’s Millbay Docks

Sep 09, 2024

Associated British Ports (ABP) has announced the completion of a key phase in the redevelopment of Millbay Docks, part of the Port of Plymouth. The milestone marks the first major project funded by the UK Government's Plymouth and South Devon Freeport seed capital program…

Plaquemines LNG Export Plant Gets Key Regulatory Approval

Sep 09, 2024

Federal regulators on Friday gave Venture Global LNG permission to begin preparations for the start-up of liquefied natural gas equipment at its Plaquemines export plant in Louisiana, taking a step closer to first LNG production for the facility…

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…

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…

Logistics News

Panama Auditor Files Suit to Scrap CK Hutchison-Controlled Port Contract

Panama Auditor Files Suit to Scrap CK Hutchison-Controlled Port Contract

British Port Association Responds to the Government's Annual Port Trade Statistics

British Port Association Responds to the Government's Annual Port Trade Statistics

Portugal to Invest $4.6b in Port Upgrades by 2035

Portugal to Invest $4.6b in Port Upgrades by 2035

London P&I Club Warns of Incorrect Loading of Flexible Intermediate Bulk Containers

London P&I Club Warns of Incorrect Loading of Flexible Intermediate Bulk Containers

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