U.S. liquefied natural gas (LNG) company Cheniere Energy Inc said it planned to make a final investment decision to build the third liquefaction train at its Corpus Christi LNG export facility in Texas in the first half of 2018:Cheniere said…
South Africa’s first dedicated and customized facility supporting offshore oil and gas activities will be introduced at the Port of Saldanha. This follows the conclusion of an agreement between Transnet National Ports Authority (TNPA) and Saldehco Pty Ltd…
Bangladesh has finalized a 10-year deal to import 1 million tonnes of liquefied natural gas (LNG) annually from Oman Trading International, two energy officials with direct knowledge of the matter told Reuters.The deal with Oman Trading is Bangladesh's…
For the second consecutive year, GAC Dubai has been named the FMCG Supply Chain of the Year in the Logistics Middle East Awards. The 2018 award, like last year’s, acknowledges the company’s service to the Middle East’s busy Fast Moving Consumer Goods (FMCG) sector…
ExxonMobil said its new Mobil SHC Aware HS (Hydraulic System) Series hydraulic oils are specially formulated to offer excellent protection, even in marine operating environments. The oils meet the U.S. Vessel General Permit (VGP) requirements for Environmentally Acceptable Lubricants…
A U.S. national security review has raised concerns about a takeover by China's COSCO Shipping Holdings Co of a large container terminal in Long Beach, California, the Wall Street Journal reported on Friday.The terminal is part of COSCO's planned $6…
Mitsui O.S.K. Lines, Ltd. announced that on April 14, 2018, the MOL-operated/managed crude oil tanker Altair Trader rescued a castaway in the South China Sea.At 19:10 local time on April 14, while underway in the South China Sea toward the port of Kawasaki…
Multipurpose shipping operator AAL announced it is expanding its European team, agency network and service capabilities. Its Hamburg team is bolstered with the appointment of Eike Muentz to General Manager Europe and Jan-Henrik Heyken to Senior Chartering Manager Europe…
Vopak Rotterdam Botlek is investing in 63.000 cbm state-of-the-art stainless steel capacity (15 tanks) for the storage of Styrene and other hazardous chemicals. Styrene is a vital product used in manufacturing of a wide variety of consumer goods serving markets such as packaging…
As part of the government's large-scale rescue plan for shipping sector, the Export-Import Bank of Korea (Korea Eximbank) sets a figure for loans and guarantees to the country's shipping sector. According to Yonhap, Korea Eximbank will funnel more than 800 billion won ($749…
The British Ports Association has written to the Prime Minister calling for funding guarantees for any new border facilities and digital infrastructure, which may be needed after the UK leaves the European Union. There are concerns from…
Hapag-Lloyd is publishing the company’s first sustainability report ever yesterday (April 22) as the world celebrates “Earth Day,” which says that the company had achieved 46 percent reduction between 2007 and 2016. Within the report, the…
Alderman The Lord Mountevans, Maritime UK Vice Chair, called for increased trade between UK and Commonwealth countries at the Commonwealth Head of Governments Meeting (CHOGM). Maritime UK brings together the UK’s shipping, ports, services…
Adani Ports & Special Economic Zone Ltd (APSEZ), India’s largest port developer today said that it had breached the 0.5 Million TEU mark at Hazira Port in FY 2017-18, with year-end throughout touching 500,879 TEUs, corresponding to a remarkable growth rate of 20…
Star Bulk Carriers Corp. agreed to acquire 16 vessels from entities affiliated with Augustea Atlantica SpA and York Capital Management in an all-share transaction. As consideration for the Vessel Acquisition, Star Bulk has agreed to issue approximately 10…