Maritime

Petrobras to use Edison Chouest offshore base at Brazil’s Açu port

Reuters | May 13, 2015 | Energy | Maritime | Ports & Terminals | Ports | Wet Bulk Port

Brazil’s state-run oil company Petrobras will use offshore docks operated by U.S. ship-leasing company Edison Chouest to handle oil-service vessels at the Brazilian Port of Açu, the head of the company that owns the port said on Wednesday. Read More »

Asian jet fuel shipments to US West Coast to pick up in May

Reuters | May 13, 2015 | Energy | Maritime

Asian jet fuel shipments to the United States West Coast region could pick up this month as a prolonged cut in throughput at a California refinery is drawing down inventories, traders said on Wednesday. Read More »

Seattle activist tries to block Shell’s fuel-transfer station

Reuters | May 13, 2015 | Energy | Maritime

An activist perched herself on a 15-foot tripod to try to block the entrance of a Royal Dutch Shell fuel-transfer station on Tuesday, in a harbinger of expected protests over the company’s plan to store Arctic drilling rigs in Seattle. Read More »

Group Management changes further sharpen GAC’s business focus

AJOT | May 04, 2015 | Energy | Maritime | Transport Intermediaries

Global shipping, logistics and marine services company, GAC, is further strengthening its strategic focus on the worldwide energy sector with the appointment of William Hill as its Executive Group Vice President – Oil & Gas. Read More »

Cyclone threat closes Australian port used by Chevron for LNG exports

Reuters | May 01, 2015 | Energy | Maritime | Ports & Terminals | Ports | Wet Bulk Port

An Australian port used by Chevron for liquefied natural gas exports has been forced to close by a cyclone off the country’s west coast. Read More »

Vopak staff to strike at Vlissingen

Reuters | April 15, 2015 | Energy | Maritime | Ports & Terminals | Ports | Wet Bulk Port

Staff at Vopak will strike for at least two hours on Wednesday at the oil and gas storage company’s terminal at the Dutch port of Vlissingen, a union official told Reuters. Read More »

Asia Tankers-VLCC rates face uncertain direction as owners, charterers battle over cargo

Reuters | April 10, 2015 | Energy | Maritime

Rates for very large crude carriers (VLCCs) on key Asian routes face an uncertain week as owners seek to push for higher rates, while charterers could cap fixture activity to cool the recent spike in prices, brokers said. Read More »

Refineries revolution to spur use of oil products supertankers

Reuters | April 09, 2015 | Energy | Maritime | International Trade

The rapid growth of mega refineries is prompting a new class of oil products supertankers, mirroring an earlier revolution in crude oil shipping, as traders look for scale that was previously not economically viable. Read More »

TransCanada looking at oil port sites outside Quebec

Reuters | April 08, 2015 | Energy | Maritime | Ports & Terminals | Ports | Wet Bulk Port

TransCanada Corp will widen its search for sites for an oil-pipeline export terminal outside Quebec after scrapping plans to build one in the province due to environmental concerns, the company’s chief executive said on Wednesday. Read More »

VLCC rates to stay flat as owners, charterers fight to give market direction

Reuters | March 29, 2015 | Energy | Maritime

ASIA-FREIGHT/:Asia Tankers-VLCC rates to stay flat as owners, charterers fight to give market direction Read More »

Asia Tankers-Ample tonnage, few cargoes weigh on VLCC rates

Reuters | March 20, 2015 | Energy | Maritime | Liner Shipping

Rates for very large crude carriers (VLCCs) on key Asian routes will face further pressure next week even as owners resist attempts to push rates lower, brokers said. Read More »

Venezuela aims to reduce $46 mln award in Tidewater ship case

Reuters | March 19, 2015 | Energy | Maritime

Venezuela will seek to reduce a $46 million compensation claim it has been ordered to pay to oil service company Tidewater in a case stemming from the 2009 seizure of vessels, its oil minister said in an interview published on Thursday. Read More »

Brazil’s OSX says received trustee notification on unpaid debt

Reuters | March 18, 2015 | Energy | Maritime

Brazil’s bankrupt ship-leasing company OSX Brasil SA said on Wednesday it had been notified by Nordic Trustee that its subsidiary OSX 3 had failed to pay a debt of $560.1 million on time. Read More »

First supertanker docks at Vopak-Dialog Malaysia oil terminal

Reuters | March 16, 2015 | Energy | Maritime

A supertanker carrying about 1 million barrels of Middle East crude docked on Monday at a terminal jointly run by Vopak and Dialog Group in Malaysia, the companies said. Read More »

First supertanker unloads oil at new Vopak-Dialog terminal in Malaysia

Reuters | March 16, 2015 | Energy | Maritime

A supertanker has docked at a joint-venture terminal between Vopak and Dialog Group in Malaysia and will unload about 1 million barrels of Middle East crude, the companies said on Monday. Read More »

CEVA’s CEO, Xavier Urbain, opens new South East Asia headquarters at West Hub in Singapore

AJOT | March 09, 2015 | Breakbulk & Projects | Energy | Maritime | Refinery | Transport Intermediaries

CEVA’s CEO, Xavier Urbain, opens new South East Asia headquarters at West Hub in Singapore West Hub facility home to new City of Energy, Singapore, and Center of Logistics Excellence. Read More »

Philippines’ First Gen seeks partner for $1 billion LNG import terminal

Reuters | March 06, 2015 | Breakbulk & Projects | Projects | Energy | Maritime | Ports & Terminals | Terminals

The Philippines’ First Gen Corp is talking with potential partners for its proposed $1 billion LNG import terminal, the head of the energy firm said on Friday. Read More »

Conrad Orange Shipyard Receives Order for First Dedicated LNG Bunker Barge for Marine Market

PR Newswire | March 04, 2015 | Energy | Maritime | Liner Shipping

Conrad Industries, Inc. announced today that its subsidiary Conrad Orange Shipyard, Inc. has entered into a contract to construct the first LNG bunker barge to be built for the marine market in North America. The contract signing was hosted at the residence of the French Consulate General Sujiro Seam in Houston, TX. Read More »

BG Group sees its Australian project helping to double LNG supplies

Reuters | March 04, 2015 | Breakbulk & Projects | Projects | Energy | Maritime

A smooth start to operations at BG Group’s Australian project in Queensland is expected to help the British company to roughly double its liquefied natural gas (LNG) supplies in 2015/16, it said on Wednesday. Read More »

Oil storage at sea stalls as profit play fades

Reuters | March 03, 2015 | Energy | Maritime | International Trade

Traders are cutting plans to use tankers to store oil at sea as the price incentive recedes, the global head of oil at mining and commodities group Glencore’s said on Tuesday. Read More »