Chemical News

 

MOL, Den Hartogh Form Chemical Logistics Alliance

Feb 13, 2019

Singapore-based MOL Chemical Tankers (MOLCT) and Dutch Den Hartogh Logistics have established a strategic alliance to jointly develop and streamline liquid chemical logistics services utilizing tank containers, parcel chemical tankers and tank terminals…

Japan's MOL Acquires Nordic Tankers

Jan 08, 2019

Japanese shipping giant MOL's Chemical Tankers unit has agreed to take full control of Triton-owned Nordic Tankers. The deal expected to close in February 2019.Denmark-based Nordic Tankers said in a press release that its current sole shareholder…

APM Terminals Inland Services Gets Clearance in India

Jan 07, 2019

APM Terminals Inland Services' integrated Inland Container Depot (ICD) and supply chain solutions facility at Chakan, Pune has achieved a significant first after being awarded an environmental clearance certificate by the Indian government.The certification authorises the facility to store…

Chemicals Found on Dutch Beach after Container Spill

Jan 03, 2019

A load of dangerous chemicals that fell off one of the world's largest container ships into the North Sea washed up on a Dutch beach on Thursday, and more debris was expected to land overnight, officials said.The Dutch Defence Ministry said…

Odfjell: Chemical Tanker Market Remains Stable

Nov 09, 2018

Odfjell SE has reported its results for Third Quarter 2018. The results reflect a stable chemical tanker market and stable underlying results from Odfjell Terminals when adjusting for the Rotterdam terminal.Odfjell SE reports EBITDA of USD 32…

Ardmore Shipping Partners With SEDNA

Nov 06, 2018

Product and chemical tanker operator Ardmore Shipping has chosen SEDNA as its new email management and team collaboration platform for their global commercial desks, including operations, chartering and commercial finance teams.According to Ha Eun Ruppelt…

Jacobs Sells ECR Division to WorleyParsons

Oct 25, 2018

Australia's WorleyParsons has entered into a binding agreement to acquire US contractor Jacobs Engineering's  Energy, Chemicals & Resources (ECR) division, a leading global technical services provider across Hydrocarbons, Chemicals and Mining & Minerals…

Stena Bulk Forms Chemical Tanker JV with Bay Crest Management

Oct 11, 2018

Golden-Agri Stena, a joint venture between Sweden based tanker shipping company Stena Bulk and Indonesia’s largest palm oil producer Golden Agri-Resources, has started a new joint venture with Japan's Bay Crest Management for the the operation and commercial management of chemical tankers…

Sale of Rotterdam Terminal Impacts Odfjell

Aug 26, 2018

Tank terminal transactions will further strengthen Odfjell SE but the company experienced another challenging quarter in the chemical tanker markets.The second quarter 2018 results reflect the impact of the sale of the Rotterdam terminal, while…

Chembulk Tankers Hires Two SVPs

Jul 09, 2018

Arthur “Art” Allen and Stuart Peerless have joined the Chembulk Southport and Singapore teams respectively in the positions of Senior Vice President of Trading – West and Senior Vice President of Trading - East. The two will be responsible for oversite of fleet allocation…

Laino Named Chembulk CCO

Jun 26, 2018

Chembulk Tankers named Steve Laino its Chief Commercial Officer, based out of the Southport office and responsible for all facets of our commercial strategy worldwide, including chartering, projects and client relations.  Laino comes to Chembulk…

Bahri Tanker NCC Amal Carries Chemical Cargo to China

Apr 05, 2018

National Shipping Company of Saudi Arabia (Bahri) announced the transportation of the first chemical shipment from Aramco Trading Company (ATC), a wholly-owned subsidiary of Saudi Aramco that trades refined, liquid chemical and polymer products…

Chemical Tankers Market to Grow at a CAGR of 4.5% by 2022

Mar 15, 2018

The chemical tankers market is projected to grow from USD 26.63 billion in 2017 to USD 33.11 billion by 2022, at a CAGR of 4.5% between 2017 and 2022, said a research report. The flourishing chemical industry and increasing use of water…

Team Tankers Buys Two Tanker Carriers

Feb 28, 2018

Team Tankers International announced that it has entered into share purchase agreements to acquire all outstanding shares in each of Laurin Shipping and Anglo-Atlantic Steamship Company.  In combination with associated ship purchases, the…

Navig8 Chemical Tankers Still in Red

Feb 02, 2018

Despite a shift in demand in the chemical shipping sector, Navig8 Chemical Tankers ended the fourth quarter ended 31st December, 2017 with a widened net loss of USD 3.7mln. Revenue for 4Q17 was $43.3 mill, compared to $33.9 mill for 4Q16. “The…

Logistics News

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

Israel Attacks Yemeni Ports, Says Houthi-Run TV Outlet

Israel Attacks Yemeni Ports, Says Houthi-Run TV Outlet

DFDS Reaches 10,000 Sailings in Türkiye

DFDS Reaches 10,000 Sailings in Türkiye

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Israel attacks Yemeni ports, Houth-run television says
Canadian Indigenous group buys $511 million stake in Enbridge Westcoast pipeline
CMA CGM, France, will redeploy its fleet to avoid U.S. Port Fees on Chinese vessels