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Israel Aims to Boost Red Sea Oil Deliveries Despite Environmental Risks

May 30, 2024

Israel plans to allow more oil tankers to dock at a Red Sea port in Eilat despite environmental risks, as it strives to maintain energy security amid conflict on multiple fronts, according to Israeli officials and government documents.Prime Minister Benjamin Netanyahu's office wants to revoke restrictions on the amount of oil that can be unloaded at a jetty in the city, which sits in the middle of a string of resorts and beaches and is adjacent to a fragile coral reef…

Econnect Installs Floating Jetty at German LNG Terminal

Jun 11, 2024

Norway's Econnect Energy is installing a floating jetty for use at Germany's Wilhelmshaven liquefied natural gas (LNG) import terminal, its CEO said in an interview.Norway overtook Russia as Europe's biggest gas supplier in 2022 after Moscow's invasion of Ukraine…

Hengyi Steps Up Fuel Oil Exports from Brunei After Refinery Fire

Jun 11, 2024

China's Hengyi has increased fuel oil exports from its Brunei refinery this month and has delayed loadings of other refined products following a fire at the plant in late May, according to several trade sources and ship-tracking data.The delivery…

Full LNG Production Restored at Gorgon Facility in Australia

Jun 03, 2024

Chevron has resumed full liquefied natural gas (LNG) production at its Gorgon Gas facility in Australia, after a mechanical fault caused one production train to go offline in late April.'Chevron Australia has resumed full LNG production from…

Extreme Asian Heat Spurs LNG Demand Ahead of Summer Months

May 31, 2024

Extreme temperatures across Asia are driving up liquefied natural gas (LNG) demand in the region as importers seek cargoes ahead of summer, with imports in South Asia hitting records.This could tighten available supply and further lift Asian spot prices that have already gained a third since April…

Rumo to Sell Stake in Brazil Port Terminal to Bunge, Zen-Noh for $115 Million

May 29, 2024

Brazilian railway operator Rumo agreed to sell its 50% stake in a terminal at the Santos port to a consortium formed by Bunge's local unit and Zen-Noh Grain Corp for 600 million reais ($115.3 million), it said on Wednesday.In a securities filing…

Russia Planning New Sea Terminal for LPG Exports to Asia

May 22, 2024

Russia will likely open its first liquefied petroleum gas (LPG) terminal on the Pacific Ocean coast with joint investments from China by the end of 2025, two industry sources said on Wednesday.Last week, Russian Direct Investment Fund (RDIF)…

First Canadian Oil Export Cargo from Expanded Trans Mountain Pipeline Set to Load

May 20, 2024

Crude oil tanker Dubai Angel on Monday moored at the Westridge Marine Terminal in Vancouver, preparing to load the first cargo of crude oil from the recently expanded Trans Mountain pipeline (TMX), ship tracking data showed.Chartered by Canadian oil producer Suncor Energy…

World's First Hydrogen Fuel Cell RTG Commences Operation

May 16, 2024

Mitsui E&S and its subsidiary company in the United States, PACECO Corp., have announced the commencement of commercial operations of the world's first hydrogen fuel cell powered rubber-tyred gantry (RTG) crane at the Port of Los Angeles.Mitsui…

Canada's Trudeau Urged to Head Off Port and Rail Strikes

May 14, 2024

The western oil- and grain-producing province of Alberta on Monday urged Canadian Prime Minister Justin Trudeau to do all he could to head off potentially devastating strikes by railway and port workers.Staff represented by the Teamsters union…

Taliban Plan Regional Energy Trade Hub with Russian Oil in Mind

May 02, 2024

The Taliban has agreed with Kazakhstan and Turkmenistan to build a logistics hub in western Afghanistan aimed at making the war-torn nation a major logistics point for regional exports, including oil from Russia to South Asia, the country's commerce minister said…

US LNG Exports Fall for Fourth Straight Month

May 01, 2024

U.S. exports of liquefied natural gas (LNG) fell for a fourth consecutive month to 6.19 million metric tons in April from 7.61 million in March on production outages, preliminary data from financial firm LSEG showed on Wednesday.Recurring mechanical problems have hit Freeport LNG…

Port Constraints for Canada's Trans Mountain Pipeline May Crimp Oil Exports

May 01, 2024

Logistical constraints at the Port of Vancouver mean waterborne oil exports from the highly anticipated Trans Mountain pipeline expansion due to start up on Wednesday may only be around half what the Canadian government-owned corporation has forecast…

Green Light for $3 Billion Oil Port off Texas Expected By Year-end

Apr 30, 2024

Enterprise Products Partners on Tuesday said it expects to have two contracts for its proposed deepwater oil export terminal by May 31 and reach a final investment decision before year-end.Enterprise's ambitious Sea Port Oil Terminal (SPOT)…

Crowley Names Shook SVP & GM of Land Transportation Services

Apr 29, 2024

Crowley has named Phil Shook as senior vice president and general manager of Land Transportation Services to lead the company’s newly created business unit.The formal creation of the business unit reflects Crowley’s growth strategy and opportunity in the sectors…

Logistics News

Ports of Indiana Says It Aims to Develop Container Terminals

Ports of Indiana Says It Aims to Develop Container Terminals

The Path to Zero: Shell Opens MW Charger in Amsterdam

The Path to Zero: Shell Opens MW Charger in Amsterdam

Singapore Oil Spill Spreads Along Coast

Singapore Oil Spill Spreads Along Coast

GAC to Acquire Quadrant Pacific’s Ship Agency Business

GAC to Acquire Quadrant Pacific’s Ship Agency Business

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