Logistics

Imperial: Decision on Canadian LNG Project Distant

Imperial Oil Ltd said on Thursday it is not yet close to deciding on whether it will go ahead with a Canadian liquefied natural gas export plant it is exploring

Puma Energy to Build Terminals, Boost Oil Sales in Asia

Puma Energy, partly-owned by Trafigura, expects to get a quarter of its revenue from the Asia-Pacific region in the next few years by building new oil import terminals and raising fuel sales volumes,

Delta SubSea, FoundOcean Ink Pipeline Deal

Delta SubSea LLC and FoundOcean, Inc. signed a strategic agreement today to provide subsea grouting and scour remediation services in Trinidad, Tobago and Venezuelan waters.

Pipeline Sabotage Drops Iraq's March Oil Exports

Iraq's oil exports fell to 2.39 million barrels per day (bpd) on average in March, the oil ministry said, down from a record 2.8 million in February due to repeated sabotage of a northern pipeline.

No Lift for Konecranes as Q1 2014 Profit Slips

Finnish crane maker Konecranes on Thursday reported a 32-percent fall in its core quarterly operating profit amid slow demand and tight competition. January-March 2014 operating profit,

GAO: Limited Commercial Arctic Development Foreseen

Decreasing seasonal sea ice has opened up Arctic waters for longer periods with resulting potential economic opportunities in commercial shipping, cruises, commercial fishing, oil, and mining.

Brokers Marcon Conclude Ocean Deck Barge Sale

Marcon International, Inc. of Coupeville, Washington says that Pacific Coast Maritime, Inc., Seattle, Washington, a subsidiary of Harley Marine Services, Seattle,

Hong Kong Receive BMT Maritime Strategic Study

BMT Asia Pacific (BMT), a subsidiary of BMT Group Ltd, says it has completed a major strategic study - “Enhancing Hong Kong’s Position as an International Maritime Centre (IMC)”,

UASC Introduces New Asia - Europe Network

  UASC has introduced its new Asia – Europe Network with three new services (AEC1, AEC3, AEC4), and two enhanced services (AEC8, AEC9). These services will broaden

Euronav Posts 62% Core Profit Increase

Belgian crude oil shipping group Euronav on Wednesday unveiled a 62 percent rise in first-quarter core profit as daily rates for its fleet rebounded from last year.

Greencarrier Meges Organizations in Norway

Greencarrier AB, which until now has operated as two separate organizations in Norway for its freight forwarding and logistics activities, has decided to merge them as one entity.

Enterprise to Build Texas Coast Ethane Terminal

Enterprise Products Partners L.P. says it plans to build a fully refrigerated ethane export facility on the Texas Gulf Coast. Enterprise has executed long-term

AMSEA Awarded US$33-Million Navy MSC Contract

General Dynamics American Overseas Marine LLC (AMSEA) apprises it has been awarded the USD$32.7 million contract modification to operate and maintain seven large,

Brazilian Soybeans Sold to China Bound for US

Two Brazilian soybean cargoes sold by Japan's Marubeni Corp that were initially sold to China have been switched to the United States, according to port and shipping data updated on Tuesday,

New Scheduled International Cargo Shipping Service

The U.S. Department of Transportation’s Saint Lawrence Seaway Development Corporation (SLSDC) today joined the Port of Cleveland in announcing the launch of the

Two RoadOne Employees Promoted

RoadOne IntermodaLogistics has  announced  that Jessica Cohen and Kendall Kellaway have both been promoted to Director of Business Development positions.  Jessica

Dubai Maritime Vision 2030 Launched

Dubai Maritime City Authority (DMCA) has announced its firm commitment to supporting the Dubai Maritime Vision 2030 plan of creating a vibrant and safe maritime

Barclays to Quit Majority of Commodities Businesses

Barclays Plc said it is quitting the majority of its commodities businesses to join a retreat from the area by a number of banks as tougher regulations make it less profitable.

Gassco: Norway Gas Output to be Reduced on April 23

Norway's gas output will be cut by 26 million cubic metres (mcm) per day on April 23 due to preparations to drill a new well in a gas field, gas system operator Gassco said on Tuesday.

Weak Markets Spike Arch Coal Loss

U.S. coal miner Arch Coal Inc's net loss grew 77 percent in the first quarter due to weak demand and prices for steel-making metallurgical coal and disruptions in rail service.

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