PortsNews

Buckeye Plans VLCC-Capable Oil Terminal at Corpus Christi

By MarEx 2018-04-26 18:52:00

Buckeye Partners, Phillips 66 and Andeavor are teaming up on a giant crude storage and loading terminal in Ingleside, Texas, near the entrance to Corpus Christi Bay. It would be the second U.S. Gulf Coast facility capable of fully loading...

Africa Needs to Tackle Port Congestion

By MarEx 2018-04-26 17:18:51

Africa needs to take advantage of the economic potential of its ports if it is to realize its growth ambitions, and investment is not always about building new ports or terminals. That's one of the key findings in an analysis...

Gulftainer Nears Deal for Port of Wilmington Privatization

By MarEx 2018-04-26 15:33:00

On Tuesday, Delaware's legislature approved a plan to privatize the Port of Wilmington and lease it to UAE-based ports firm Gulftainer. The agreement has already been approved by the Diamond State Port Corp., the publicly owned entity that currently operates the...

VW Settlement May Bring More Ro/Ro Cargo to Baltimore

By MarEx 2018-04-26 13:32:00

On Wednesday, the state of Maryland and Volkswagen filed a settlement agreement that will require the German automaker to pay $29 million and to import VW cars through the Port of Baltimore for at least five years. The Maryland consent...

Singapore Tugs: LNG First, Autonomy Next

By MarEx 2018-04-25 23:56:04

Royal Boskalis Westminster joint venture Keppel Smit Towage has named its first LNG dual-fuel harbor tug - the first such tug in the port of Singapore and Southeast Asia. The 65-ton bollard pull LNG dual-fuel azimuth stern drive tug named...

Port of San Diego Collects Cigarette Butts for Recycling

By MarEx 2018-04-25 23:55:13

The Port of San Diego has embarked on a unique project to recycle a type of waste that is often left behind as litter – cigarette butts. The Port is working with TerraCycle, a recycling company that has become a...

Bangladesh Receives First Imported LNG from Qatar

By MarEx 2018-04-24 23:22:30

Excelerate Energy's floating storage and regasification unit (FSRU) Excellence arrived at Bangladesh's Moheshkhali Port on April 23 bringing with it a commissioning cargo from Qatar. The $180 million project was co-developed by Petrobangla, Excelerate Energy and the International Finance Corporation,...

Trump Administration Scrutinizes COSCO Bid for OOCL

By MarEx 2018-04-23 20:28:00

Chinese shipping conglomerate COSCO is seeking to purchase Overseas Orient Container Lines (OOCL), but if it wants approval from the Trump administration for the merger, it may have to spin off OOCL's valuable Long Beach Container Terminal. The U.S. Treasury's Committee on...

American Ports Voice Concern Over Trade War

By MarEx 2018-04-21 21:05:13

The American Association of Port Authorities (AAPA) has written to U.S. Trade Representative Ambassador Robert Lighthizer urging him to carefully consider the negative impacts that trade sanctions and remedies can have on port and other trade-related American jobs nationwide, including...

How Ports Can Help to Cut Shipping CO2

By MarEx 2018-04-19 20:46:15

While the focus is naturally on the ships themselves, portside measures can significantly add to the environmental performance of shipping and the decarbonization of maritime transport, says a new report by the International Transport Forum, an intergovernmental organization with 59...