Indonesia's government controlled PT Pertamina said that the first LNG cargo produced with the gas sourced at the field has been delivered to the Nusantara Regas’ Nusantara FSRU in the Jakarta Bay. The shipment is the first LNG cargo…
BW Offshore has signed an agreement with Petrorio for a one-year extension for the lease and operation of the FPSO Polvo. The firm period has been extended to Q3 2019 (from Q3 2018), with options until Q3 2022. The company has also announced…
The major ports in India have recorded a growth of 3.64% and together handled 499.41 Million Tonnes of cargo during the period April to December, 2017 as against 481.87 Million Tonnes handled during the corresponding period of previous year…
The Port of Rotterdam Authority signed agreements with two contractors relating to what is known as the port’s dry infrastructure. One contract covers maintenance of the roads in the port and the other maintenance of the green spaces. Following a tendering procedure…
Continuing its growth trajectory, Indian Register of Shipping has concluded 2017 on a successful note with increased class fleet, growing global recognition, improved geographical presence and strengthened its capabilities through several new initiatives…
The members of the SMART PORT steering committee adopted a first series of projects designed to take advantage of the digital transition with a view to affirming and consolidating the importance of the Aix-Marseille Provence Metropolis as a seaport…
Canadian crude shipments to the United States by rail could rise more than 60 percent this year on demand by Gulf Coast refiners for the heavy crudes and the wide differential between Canadian grades and the U.S. benchmark. The rail shipments could reach as much as 350…
The U.S. trade deficit increased more than expected in November as imports of goods surged to a record high amid strong domestic demand, making it likely that trade will subtract from economic growth in the fourth quarter. The Commerce Department said on Friday the trade gap widened 3…
Solar modules worth more than $150 million are stuck at various Indian ports due to a dispute over their classification and the import tax applicable to them, sources said, which could delay Prime Minister Narendra Modi's clean energy goals…
Trading house Trafigura has hired Dan Stirk, formerly a North Sea crude oil trader at commodity trader Noble Group, to join its crude desk, according to trading sources.Stirk started his new job this week, one of the sources said.He served as North Sea trader at Noble starting in July 2016…
Odfjell SE has appointed Harald Fotland as chief operations officer (COO), effective January 5, 2018. The Norwegian tanker shipping firm said it is introducing a COO function to ensure full integration between ship management and commercial operations…
Street crews in the U.S. Northeast raced through the night into Friday to clear snow-clogged streets after a powerful blizzard and restore power to homes ahead of a brutal cold spell that has killed more than a dozen people.From Baltimore to Caribou…
Shipments of limestone on the Great Lakes totaled 28 million tons in 2017, an increase of 6.4 percent compared to 2016, the Lake Carriers’ Association (LCA) reported. 2017’s loadings were also 2.1 percent above the trade’s five-year average…
The integration of RasGas with Qatargas will enable the world’s largest LNG exporter to save QR2bn ($550 million) a year, Qatar Petroleum (QP), the state-owned energy giant, announced. Saad Sherida Al-Kaabi, President & CEO of Qatar Petroleum…
NYK president Tadaaki Naito called for promoting environmental issues and the utilization of IoT. 'I hope to advance the group’s activities with a focus particularly on the keywords 'green' and 'digitalization' this year,' he said. 'We are already making progress in both fields…
