Logistics

Shell CEO: US Should Export Oil, Embrace Global Markets

The head of energy company Royal Dutch Shell said on Tuesday that U.S. policymakers should lift the crude oil export ban because allowing the shipments would make global energy system more stable.

Evergreen Upgrades its Intra-Asia Service Network

Evergreen Line announced it will partner with Mariana Express in launching a joint South China- East Malaysia (SEM) Service. The new initiative will give a boost

Troy Container Line Names Dao Sales Representative

Troy Container Line Ltd., one of the largest American-owned NVOCCs, today announced the appointment of Jason Dao as sales representative. Based in the company’s Red Bank, N.

Trailer Bridge Upgrades Corporate Headquarters

Trailer Bridge, Inc. of Jacksonville, Florida has commenced work on a significant building modernization project at its corporate headquarters located on New Berlin

Logistical Scenario Analysis for Hydrodynamic Applications

To calculate the operability of the whole logistics chain, rather than only individual operations, MARIN has developed the hydrodynamic scenario analysis program ScenSim.

Algeria in Talks to Export Crude to Venezuela

Algeria is in talks to export crude oil to fellow OPEC member Venezuela, Algerian Energy Minister Youcef Yousfi said on Tuesday, confirming a Reuters report. Last week,

Chevron Announces Alliance with Petrol Ofisi

Chevron has signed agreements with the fuel products distribution and lubricants company of Turkey, Petrol Ofisi in Istanbul, that will result in improved supplies

Dakota Plains to Build Third Oil Storage Tank at Rail Terminal

Dakota Plains Holdings Inc said on Tuesday it would build a third, 90,000-barrel storage tank for Bakken crude oil at its Pioneer Rail Terminal in North Dakota.

Rickmers-Linie Appoints Interliner Agencies

Hamburg based Rickmers-Linie has appointed Interliner Agencies as its new agent in South Central Europe. The agency contract covers Slovenia, Austria, Czech Republic,

EU Helping Ukraine with Slovak Gasline

Slovak link could meet 20 pct of Ukraine's gas demand. Long-term EU-Ukraine flows could meet 50 pct of Ukraine's demand. Germany plays key role in supplying Ukraine.

Supply Pressure Cuts EU Spot Prices

High pressure front to boost sunshine, solar production. Demand flat; Curve trades sideways. High solar power levels combined with good thermal and hydroelectric

A stronger Canadian Dollar in the Pipeline?

Over time, the Canadian dollar might prove to be a winner from the conflict in Ukraine, which has highlighted the European Union's reliance on energy supplies from Russia.

Joe Barton: Lift Oil Export Ban

A senior U.S. Congressman from Texas has come out in full support of the United States lifting the 40-year old ban on crude oil exports, putting him at odds with

Dominion Resources, Partners Building Pipeline

Dominion Resources Inc entered into a joint venture with three other U.S. energy companies to build a $4.5-$5 billion pipeline to ship natural gas to North Carolina and Virginia.

Nexen Eyes North Sea Buzzard Restart

The operator of the North Sea Buzzard oilfield is looking at restarting the field later on Tuesday, trading sources said, potentially adding supply to a market

India's Financial Hub Mumbai Hit by Power Cuts

Power cuts hit large areas of Indian financial capital Mumbai on Tuesday following a technical glitch at an electricity generation unit, but back-up generators

Slovakia Opens Gasline to Ukraine

Slovakia opened a pipeline on Tuesday able to deliver gas from the European Union to Ukraine, a link that could potentially supply up to 20 percent of the nation's

Third U.S. Condensate Cargo for Japan Loads

The third cargo of condensate, or ultra-light oil, since the U.S. eased its 40-year export ban has been loaded on a tanker and departed for Japan on Monday, according to shipping sources and data.

Tankship-specific Version of FindaportCD Released

Harbour & terminal information providers, Shipping Guides Ltd, says its latest tanker-specific  addition enables customers to access the most comprehensive port

Bulk Equipment is Delivered to Syzran Refinery

A reactor and a cold high-pressure separator is delivered to the site of Rosneft subsidiary Syzran Refinery for the constructed diesel hydro-treater. The unit

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