Maritime

Second Algerian light crude cargo arrives at Venezuelan port

Reuters | November 18, 2014 | Energy | Maritime

A tanker carrying Algerian light oil arrived at the Venezuelan port of Jose late on Monday and is waiting to unload up to 2 million barrels in PDVSA’s second crude purchase from state-run Sonatrach, according to Reuters vessel-tracking data. Read More »

Sales of Venezuelan diluted crude to the U.S. jumped in October

Reuters | November 04, 2014 | Energy | Maritime

OIL-VENEZUELA/EXPORTS:Sales of Venezuelan diluted crude to the U.S. jumped in October Read More »

Suncor to regularly consider shipping Western Canada crude overseas

Reuters | November 03, 2014 | Energy | Maritime

Suncor Energy Inc will look regularly at the economics of shipping Western Canadian crude from the country’s East Coast to markets overseas, Chief Executive Officer Steve Williams said on Thursday. Read More »

Locals end protest at Libya’s Sirte Oil in port of Brega

Reuters | October 28, 2014 | Energy | Maritime

A protest has ended in Libya’s eastern oil port of Brega where locals had been demanding jobs at state-run Sirte Oil Co, a lawmaker and company official said. Read More »

Transneft says gradually resuming oil loadings at Russian ports

Reuters | October 28, 2014 | Energy | Maritime

Russian pipeline monopoly Transneft is gradually resuming oil loadings at Russian ports after a suspension due to bad weather, Interfax news agency quoted a company spokesman as saying on Tuesday. Read More »

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 »