Maritime

Suncor crude tanker to resume journey from Quebec to Gulf Coast

Reuters | October 20, 2014 | Energy | Maritime

A tanker chartered by Canada’s Suncor Energy Inc to ship oil sands crude from Quebec to the U.S. Gulf Coast was expected to receive replacement parts on Friday, enabling it to resume its journey, a Transport Canada spokeswoman said. Read More »

Maersk Supply Service orders six supply vessels from Norway

Reuters | October 16, 2014 | Energy | Maritime | Liner Shipping

Maersk Supply Service, a unit in Danish conglomerate A.P. Moller-Maersk, said on Thursday it has placed an order for six new large anchor-handling tug supply vessels from Kleven Maritime in Norway. Read More »

Tanker sets sail from Algeria to deliver Venezuela’s first crude import

Reuters | October 14, 2014 | Energy | Maritime

The first tanker of imported crude ever bought by Venezuela has sailed from Algeria in a move to reduce costs by the South American state-run oil company PDVSA, according to Reuters ship tracking data and sources close to the deal. Read More »

Kinder Morgan to add oil storage capacity to Houston operations

Reuters | October 14, 2014 | Energy | Maritime

Kinder Morgan Energy Partners, L.P. said it will add 2.1 million barrels of storage at its Pasadena and Galena Park terminals just outside Houston. Read More »

South Korea’s Samsung Heavy to build oil tankers for sanctioned Russian firm

Reuters | October 10, 2014 | Energy | Maritime

South Korean shipbuilder Samsung Heavy Industries plans to build three Arctic tankers for Russian oil company Gazprom Neft, which has been targeted by Western sanctions, sources familiar with the deal said. Read More »

SE Asia authorities search for Vietnamese oil tanker amid hijack fears

Reuters | October 07, 2014 | Energy | Maritime | Liner Shipping

Maritime authorities across Southeast Asia are scouring the seas for a Vietnamese oil tanker, which has not been heard from for six days and is now feared to have been taken by pirates. Read More »

Jones Act tanker idles as Brent-U.S. crude spread collapses

Reuters | October 06, 2014 | Energy | Maritime

A U.S. Jones Act coastal tanker hired this summer by Delta Air Line’s refining arm has been anchored empty for nearly two weeks in the Gulf of Mexico after weaker European crude markets reopened an arbitrage to ship oil more cheaply to the East Coast. Read More »

First Alaskan crude in a decade heads to S.Korea as shale pressures build

Reuters | September 30, 2014 | Energy | Maritime

The first U.S. export of Alaskan crude to South Korea in more than a decade set sail at the weekend, according to a company source and shipping data, marking another milestone as booming shale oil output forces domestic drillers to seek new customers. Read More »

Fire at Sicily’s Milazzo Oil Refinery Hampers Vessels’ Operations

AJOT | September 29, 2014 | Energy | Maritime

Inchcape Shipping Services, the world's leading maritime services provider, is advising of extensive disruption after a fire broke out Friday afternoon (27 September) at Italy’s energy giant Eni and Kuwait Petroleum’s jointly owned Milazzo oil refinery, near the northeast coast of Sicily. Read More »

Suncor sends its first tanker of Western Canada heavy crude to Europe

Reuters | September 23, 2014 | Energy | Maritime

Canada’s largest oil and gas producer, Suncor Energy Inc, is shipping its first ever tanker of Western Canadian heavy crude from Canada’s East Coast to Europe, a company spokeswoman said on Tuesday. Read More »

P&O Maritime buys majority stake in Spain’s Repasa

Reuters | September 11, 2014 | Energy | Maritime | Ports & Terminals

P&O Maritime, a subsidiary of Dubai’s DP World, one of the world’s largest port operators, has bought a majority stake in Spain’s Remolcadores de Puerto y Altura (Repasa), the acquirer said in a statement on Thursday. Read More »

U.S. shippers seek role in transport of LNG, oil exports

Reuters | September 10, 2014 | Energy | Maritime | Liner Shipping

The U.S. government should ensure that international trade of U.S. natural gas, and potentially crude oil, will offer opportunities for the domestic shipping industry, maritime groups said on Wednesday. Read More »

Maersk proposes sale of part of Angola oil stake

Reuters | September 09, 2014 | Energy | Maritime

Maersk Oil, a unit of Denmark’s A.P. Moller-Maersk A/S, has proposed the sale of a part of its stake in the deepwater Chissonga project in Angola, Danish newspaper Jyllands Posten reported, citing sources familiar with the process. Read More »

Kenya plans oil jetty to cut import costs, handle crude exports

Reuters | September 09, 2014 | Energy | Maritime

State-run National Oil Corporation of Kenya (NOCK) is revamping plans for a new oil jetty in the port city of Mombasa so it can both cut the cost of imports and handle crude exports from east Africa. Read More »

CITGO Receives Marine Environmental Stewardship Award

PR Newswire | September 08, 2014 | Energy | Maritime | Liner Shipping

CITGO Petroleum Corporation was recently recognized by American Commercial Lines Inc. with its Marine Environmental Stewardship Award. The award recognized ACL customers that safely handled over two billion gallons of chemicals, petroleum products, and other liquid cargoes with the barge transportation company in 2013. Read More »

MOL and Viken Shipping conclude partnership for long-term charter service for Transpetro of Brazil

AJOT | September 03, 2014 | Energy | Maritime

Mitsui O.S.K. Lines, Ltd. today announced that the company has decided to establish a ship-owning joint venture with Viken Shipping AS and participate in a shuttle tanker project. Read More »

Buckeye buys Trafigura’s prized Texas oil assets

Reuters | September 03, 2014 | Energy | Maritime

Oil logistics specialist Buckeye Partners LP will pay $860 million for control of Trafigura’s prized oil facilities in the Texas shale hub amid expectations Washington will relax its crude oil export ban. Read More »

Mexico’s Cayo Arcas, Dos Bocas oil ports closed due to bad weather

Reuters | September 01, 2014 | Energy | Maritime | Ports & Terminals

Two of Mexico’s major crude oil export hubs along the country’s Gulf coast were closed because of bad weather, the Communications and Transport Ministry said on Monday. Read More »

Disputed Kurdish oil tanker reappears off Texas coast, still full

Reuters | September 01, 2014 | Energy | Maritime

A tanker carrying disputed Iraqi Kurdish crude oil reappeared on satellite tracking on Monday near Texas, days after having gone silent with a $100 million cargo, but the latest vessel data showed it had not offloaded at sea. Read More »

Impasse over Kurdish tanker near Texas to drag on, more tussles likely

Reuters | August 26, 2014 | Energy | Maritime

A tanker loaded with $100 million of Kurdish crude oil cannot be delivered in Texas soon because of risks for buyers as Iraq mulls further legal challenges, so a month-long standoff will drag on, a source close to the matter said on Tuesday. Read More »