Tankers News

 

Gas Starts to Flow to Freeport LNG Export Plant

Jan 17, 2023

Freeport LNG's long-shut liquefied natural gas (LNG) export plant in Texas started receiving pipeline natural gas over the long U.S. Martin Luther King Jr holiday weekend, according to Refinitiv data.U.S. LNG exports have been steadily increasing for years and Freeport…

Kazakhstan Recruits Abu Dhabi Ports to Develop Caspian Tanker Fleet

Jan 17, 2023

United Arab Emirates' Abu Dhabi Ports will help Kazakhstan to build a tanker fleet in the Caspian Sea, reducing the former Soviet republic's dependence on Russian transit, Kazakh state oil company KazMunayGaz said on Tuesday.KazMunayGaz and Abu Dhabi Ports have agreed to set up a joint venture…

Lack of Dredging Could Delay Chevron's Venezuela Oil Exports

Jan 05, 2023

A shipping channel snafu is slowing Chevron Corp’s efforts to load tankers at one of its four Venezuelan joint ventures and bring heavy crude to the United States, three people familiar with the matter said on Wednesday.Washington in November authorized the last major U…

US Poised to Regain Crown as World's Top LNG Exporter

Jan 04, 2023

The United States is on track to become the world's biggest exporter of liquefied natural gas (LNG) this year - ahead of current market leader Australia - once a fire-idled Texas plant is restarted, according to Reuters data.A June fire sidelined Freeport LNG…

Decarbonization Group Seeks Proposals for Carbon Capture Shipping Project

Dec 06, 2022

A Singapore-based decarbonization group said on Tuesday it was seeking proposals to study ways to offload captured carbon dioxide from ships during port calls.The call for proposals is part of the world's first project aimed at building and…

Houthis Attack al-Dhabba Oil Terminal in Yemen

Nov 21, 2022

Yemen's Houthis attacked al-Dhabba oil terminal in Hadhramaut province on Monday, the group and Yemen's internationally recognized government said.The Iran-aligned Houthis fired a projectile from a drone that landed at the entrance of the terminal…

Freeport LNG Restart Delay Causes Vessels to Seek Other Ports

Nov 16, 2022

A few liquefied natural gas (LNG) vessels have turned away from the Freeport LNG export plant in Texas over the past few days on expectations the plant's restart will be delayed until December or later, according to ship tracking data from Refinitiv…

Freeport LNG Blames Valve Testing Faults for June Accident

Nov 15, 2022

Freeport LNG pointed to deficiencies in safety valve testing and operating procedures as the root causes of a pipeline explosion that shut its export plant in Texas on June 8, according to a report released on Tuesday.The fiery explosion at the Texas Gulf Coast plant…

Germany Completes Construction of Floating LNG Terminal

Nov 15, 2022

Germany on Tuesday completed construction of its first floating terminal for liquefied natural gas (LNG) at the North Sea port of Wilhelmshaven as it scrambles to secure more LNG and move away from Russian pipeline gas.'The new LNG landing place is a big step towards a secure energy supply…

Freeport LNG to Miss Restart Target for Fire-damaged Texas Export Plant

Nov 14, 2022

The owner of the second-largest U.S. liquefied natural gas (LNG) export plant has not yet provided regulators with a final repair plan, according to a person familiar with the matter, likely pushing any restart into the first quarter of next year…

Volumes Rising on Great Lakes–St. Lawrence Seaway System

Nov 14, 2022

Shipping across the Great Lakes – St. Lawrence Seaway system topped 4.2 million tons in October, led by strong gains in grain as well as potash, salt and other dry bulk cargos. Overall grain shipments reached 1.5 million tons, a reflection of…

Crude Exports Lift Port of Corpus Christi to Q3 Tonnage Record

Nov 11, 2022

The Port of Corpus Christi reports it set another tonnage record in the third quarter of 2022, driven in large part by record exports of crude oil.The new quarterly tonnage record of 48.3 million tons surpassed the previous tonnage record set in the second quarter of 2022 of 46…

Yemen's Houthis Increase Pressure with Oil Port Attacks

Nov 10, 2022

Yemen's Houthi group is piling on pressure to extract economic gains in U.N.-led talks for an extended truce deal with attacks on oil ports in government-held areas, which officials say have disrupted crude exports, choking state revenues.Yemen's…

Trinidad Designing LNG Hub to Feed the Caribbean

Oct 27, 2022

Trinidad and Tobago's state-owned gas company has started work on designing a small-scale liquefied natural gas (LNG) hub that could help the Caribbean move away from oil-based power generation, the firm told Reuters.Trinidad is Latin America's largest LNG exporter and the project…

Greece's Sole LNG Terminal Ramps Up Imports to Replace Russian Gas

Sep 23, 2022

Greece has cut Russian gas imports by more than half this year thanks to increased deliveries from other producers to its sole liquefied natural gas (LNG) terminal near Athens, the country's gas grid operator said on Thursday.Greece has relied…

Logistics News

Russian Oil Freight Rates to India Ease Further With Increased Tanker Availability

Russian Oil Freight Rates to India Ease Further With Increased Tanker Availability

Russia Grain Exports Plummet 63%

Russia Grain Exports Plummet 63%

Singapore Ship Bunker Sales hit 16-month High

Singapore Ship Bunker Sales hit 16-month High

Unresolved Issues Plague Vietnam-US Trade Talks

Unresolved Issues Plague Vietnam-US Trade Talks

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