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Issue #595

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Project Cargo Bi-Annual

Georgia Ports

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2014 Media Kit


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Libyan protesters shut down Brega oil port

Reuters | July 14, 2014 | Energy | Maritime

Protesters have shut down the eastern Libyan oil port Brega, state firm National Oil Corp (NOC) said on Saturday, days after the government celebrated the reopening of major ports following almost a year of blockage. Read More »

Dubai’s Gulf Navigation cuts capital, eyes new expansion

Reuters | July 09, 2014 | Energy | Maritime

United Arab Emirates shipper Gulf Navigation said on Wednesday it had cut its capital by two-thirds and written off accumulated losses worth 1.1 billion dirhams ($300 million), key parts of a turnaround plan designed to solve its debt problems. Read More »

Gate LNG terminal to add fuel distribution facilities

Reuters | July 03, 2014 | Energy | Maritime

Dutch gas network operator Gasunie and tank storage service provider Vopak will expand their Gate liquefied natural gas (LNG) terminal in Rotterdam to help increase the use of LNG as a transport fuel, the two companies said on Thursday. Read More »

Libya declares oil crisis over after state reclaims ports

Reuters | July 02, 2014 | Energy | Maritime

Libya’s acting Prime Minister Abdullah al-Thinni said the government had reached a deal with a rebel leader controlling oil ports to hand over the last two terminals and end a blockade that crippled the OPEC nation’s petroleum industry. Read More »

Libyan rebels to reopen two remaining oil terminals

Reuters | July 01, 2014 | Energy | Maritime

Libyan rebels blockading key eastern oil ports have agreed to reopen the remaining two terminals at Es Sider and Ras Lanuf on Wednesday, a rebel spokesman said, in a “goodwill gesture” that could restore a big part of the OPEC country’s lost exports. Read More »

Brent rises above $114 on Iraq and supply concerns

Reuters | June 24, 2014 | Energy | Maritime | International Trade

Brent crude held above $114 a barrel on Tuesday, supported by continued fighting in Iraq, supply disruptions in Libya and expectations of a decline in U.S. crude inventories, while U.S. crude prices dipped slightly. Read More »

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