Hong Kong conglomerate CK Hutchison is planning to raise up to $1.5 billion in a two-tranche dollar bond deal, according to two sources with direct knowledge of the matter.The company is looking at issuing a 5.5-year and 10-year dollar bond…
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…
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…
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…
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…
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…
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…
After completing a four-month trial, Singapore’s MPA now allows the night movement of line-towed container barges to and from Pasir Panjang Terminal (PPT) between 7:00 pm and 6:30 am.Such moves can be used to transport containers on barges into and out of the Port of Singapore and neighboring ports…
The industry body, Cargo Integrity Group, has issued a statement of support for the recent circular issued by the China Maritime Safety Administration (MSA) following the YM Mobility explosion on August 9, 2024, at Ningbo-Zhoushan Port. The vessel was carrying hazardous goods at the time…
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…
The International Longshoremen's Association union, representing 45,000 workers at major container ports from Texas to Maine, will begin two days of meetings on Wednesday to review wage demands and prepare for a potential strike on Oct. 1.Formal…
A power outage in the Rotterdam port area in the Netherlands briefly interrupted operations at one of Europe's biggest oil refineries on Tuesday, the plant's operator BP said.Electricity grid operator TenneT said the problem was solved shortly after 1000 GMT…
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…
Romania said on Wednesday it aimed to buy neighboring Moldova's Danube River port of Giurgiulesti from the European Bank for Reconstruction and Development (EBRD) as it seeks to boost its logistics role in central and southeast Europe.The port…
Nigeria's state-owned NNPC Ltd oil company said it has started the tender process for the operation of the Warri and Kaduna refineries, which are scheduled to begin processing crude this year.The oil refineries, which are being upgraded after being shut for several years…
