Logistics

Congestion is Port of Long Beach’s Toughest Issue

Slangerup’s State of the Port address outlines goals for Energy Island, smarter supply chain   In his first-ever State of the Port address, Port of Long Beach

Shippers Must Monitor Greek Government Changes

Moore Stephens says shipping must monitor developments in wake of Greek government change   International accountant and shipping adviser Moore Stephens says

ISS Palumbo UK Acquires Union Transport

ISS Palumbo UK, part of maritime services provider Inchcape Shipping Services (ISS), has acquired U.K. freight forwarding specialist Union Transport (Newcastle) Ltd.

European Shipping Week Announces Speakers

Adam Goldstein, President and COO of Royal Caribbean Cruises, Pierfrancesco Vago, Chairman of CLIA Europe and Executive Chairman of MSC Cruises, and Paolo Tonon,

OPEC January Output Rises

OPEC oil output rises in January as key members stand firm.   OPEC's oil supply has risen this month due to more Angolan exports and steady to higher output

Marquette Transportation Reportedly for Sale

Marquette Transportation Company LLC, a U.S. towboat operator, is exploring a sale that could value it at more than $1 billion and has attracted the interest of

Keystone Bill Passes, Obama Veto Looms

Republicans in the U.S. Senate made good on a pledge to pass the long-pending Keystone XL oil pipeline on Thursday, a measure the White House said President Barack Obama would veto.

Plains 70 mbpd Saskatchewan Terminal Nearing Completion

Plains Midstream Canada, a subsidiary of Plains All American Pipeline, has started looking for workers at its new crude-by-rail unit train terminal in Kerrobert,

Shell 'Optimistic' on U.S. Refinery Contract Talks

Lead industry negotiator Royal Dutch Shell Plc said on Thursday it was "optimistic" a new three-year agreement could be reached with a union representing hourly workers at 63 U.

Statoil: No Barents Sea Drilling in 2015

Norwegian energy firm Statoil will not drill exploration wells in the Arctic Barents Sea this year after a failed campaign in 2014, exploration chief Tim Dodson told Offshore.

Total Slashes 2015 Exploration CapEx by 30 pct

Total's new chief said in a newspaper interview that the French oil company aimed to cut exploration spending by 30 percent in 2015 to cope with falling oil prices.

Europe's Offshore Wind Capacity Growing

New capacity edges down 5 pct from record 2013; industry body forecasts stable growth over 2015/6. Europe's offshore wind capacity kept up a steady rate of growth

BP Quits Indonesian Blocks on Risk Concerns

UK-listed energy giant BP has decided to relinquish two exploration blocks to Indonesia, after a survey of the blocks found them to be high risk, the company said on Friday.

Enterprise Tender Fails on Low Bids

U.S. pipeline company Enterprise Products Partners did not award a tender to sell a year's supply of processed condensate due to low bids, U.S. and Asian trade sources said on Friday.

Long Beach Port to Boost Power, Speed Clearance

  Port of Long Beach Chief Executive Jon Slangerup on Thursday unveiled ambitious plans for congestion-beating smart systems for cargo movement and an all-out

Gazprom, OMV Ink Additional Deal

  Vienna hosted today the signing of an Addendum to the existing contract for gas supply to Austria between Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Gerhard Roiss,

Cosco Profits Boosted by Low Fuel Prices

China Cosco Holdings ended 2014 in profitable territory, growing its net earnings by 50 percent to $56 million on the back of cost cuts, improved revenue and lower bunker fuel prices.

BlueGrace Logistics Appoints New Chief Information Officer

Effective February 2, 2015 Justin Belcher will lead all aspects of information technology and software development as the Chief Information Officer for the Tampa-based company BlueGrace Logistics.

Pennsylvania Governor Bans New Oil/Gas Leases on State Land

Pennsylvania Governor Tom Wolf on Thursday signed an executive order reinstating a moratorium on new leases for oil and natural gas development in state parks and forests.

Stolt-Nielsen Q4 Profit Misses Forecast

Shipping firm Stolt-Nielsen reported fourth quarter earnings below forecasts on Thursday and said it was concerned about the outlook for the chemical tanker market,

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