Maritime Cargo News - page 6

 

Port Constraints for Canada's Trans Mountain Pipeline May Crimp Oil Exports

May 01, 2024

Logistical constraints at the Port of Vancouver mean waterborne oil exports from the highly anticipated Trans Mountain pipeline expansion due to start up on Wednesday may only be around half what the Canadian government-owned corporation has forecast…

Green Light for $3 Billion Oil Port off Texas Expected By Year-end

Apr 30, 2024

Enterprise Products Partners on Tuesday said it expects to have two contracts for its proposed deepwater oil export terminal by May 31 and reach a final investment decision before year-end.Enterprise's ambitious Sea Port Oil Terminal (SPOT)…

Crowley Names Shook SVP & GM of Land Transportation Services

Apr 29, 2024

Crowley has named Phil Shook as senior vice president and general manager of Land Transportation Services to lead the company’s newly created business unit.The formal creation of the business unit reflects Crowley’s growth strategy and opportunity in the sectors…

ICTSI Manila Takes Delivery of New Quay Cranes

Apr 23, 2024

International Container Terminal Services, Inc. (ICTSI) has significantly upgraded its ability to handle foreign ultra-container vessels with the recent arrival of three new quay cranes at its flagship Manila International Container Terminal (MICT)…

First in "Prima Plus Class", Norwegian Aqua Launched

Apr 23, 2024

The uniquely painted Norwegian Aqua was launched at the Fincantieri  Marghera (Venice) shipyard, the first vessel in the Prima Plus class for Norwegian Cruise Line's (NCL).With external work now complete, the yard and its partners will forcus…

China's Imports of Russian Oil Near Record High

Apr 22, 2024

Russia remained China's top oil supplier in March, data showed on Saturday, as refiners snapped up stranded Sokol shipments.China's imports from Russia, including supplies via pipelines and sea-borne shipments, jumped 12.5% on the year to 10…

Ships Docked as Striking Greek Workers Protest Over Rising Costs

Apr 18, 2024

Thousands of Greek striking workers, students and pensioners marched through central Athens on Wednesday to protest over wages which they are not enough to cope with rising living costs.Ships remained docked at Greek ports and train services…

US to Reimpose Oil Sanctions on Venezuela

Apr 17, 2024

The Biden administration said it would not renew a license set to expire early on Thursday that had broadly eased Venezuela oil sanctions, moving to reimpose punitive measures in response to President Nicolas Maduro’s failure to meet his election commitments…

Russia's Seaborne Oil Product Exports Fell in March

Apr 15, 2024

Russia's seaborne oil product exports fell 4.2% in March from the previous month to 10.178 million metric tons due to unplanned maintenance at refineries and a uel export ban, data from industry sources and Reuters calculations showed.Russia's…

European Subsidy for Shore Power at Zeebrugge Cruise Terminal

Apr 10, 2024

Port of Antwerp-Bruges will receive a European grant of 3.2 million euros for a shore power installation for cruise ships in Zeebrugge. From 2026, cruise ships will be able to purchase green electricity when docked. It will be four years before this becomes mandatory across Europe…

Gazprom Uses Replacement Vessel to Maintain Gas Loadings

Apr 01, 2024

Russia's Gazprom is using a replacement vessel for ship-to-ship loadings (STS) of liquefied natural gas from its Portovaya LNG plant on the Baltic Sea while another ship is repaired, LSEG data showed on Monday.The floating storage and regasification…

Asia Crude Imports Surge as China, India Snap Up Russian Oil

Mar 28, 2024

Asia's imports of crude oil are expected to rise to the highest in 10 months as heavyweights China and India lifted arrivals from Russia, but impending maintenance schedules and rising prices mean such levels may not be sustained.The world's top importing region is forecast to see arrivals of 27…

TNPA Invests to Upgrade Road Infrastructure at Port of Durban

Mar 12, 2024

Transnet National Ports Authority (TNPA) to invest R233 million to upgrade road infrastructure that had deteriorated due to an influx of trucks in the Port of Durban.The Port of Durban handles approximately 60% of South Africa’s total container volumes…

Odfjell Completes Terminal Expansion in Houston

Mar 04, 2024

Odfjell Terminals US (OTUS) reports it has completed the construction and commissioning of its Bay 13 at the Houston Terminal (OTH), adding nine new tanks, with a combined capacity of 204,000 barrels. The new tanks are a combination of stainless steel and carbon steel…

US Gulf Coast Fuel Oil Imports Hit Five-year Low

Mar 01, 2024

Imports of fuel oil bound for the U.S. Gulf Coast fell to a five-year low last month as refiners ran more cheap, heavy Canadian crude and geopolitical tensions in the Middle East pressured fuel oil flows.Fuel oil deliveries to the Gulf Coast dwindled in February to just 318…

Logistics News

NOV '24 US Transport Unemployment Up Again, now above Pre-Pandemic benchmark

NOV '24 US Transport Unemployment Up Again, now above Pre-Pandemic benchmark

Massive Wheat Buyer puts Imports in Miltary Agency Hands

Massive Wheat Buyer puts Imports in Miltary Agency Hands

US Diesel Exports to ARA Set to Rise

US Diesel Exports to ARA Set to Rise

Baltic Index Snaps Losing Streak on Larger Vessel Rate Rise

Baltic Index Snaps Losing Streak on Larger Vessel Rate Rise

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