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Deepwater Port News

08 Dec 2023

Bangladesh Puts to use China-built Crude Oil Offloading Facility

Copyright andriano_cz/AdobeStock

Bangladesh started in recent days a large crude oil receiving and offloading facility built by China that allows the south Asian oil importer to significantly reduce the cost of shipping in crude oil.The single-point mooring facility at Chattogram port last Sunday offloaded 82,000 tons (about 600,000 barrels) of crude oil from a 100,000-ton tanker, said an official with state-run Bangladesh Petroleum Corp (BPC).The project is majority-funded by the Chinese government and build by a unit of Chinese state oil major CNPC, said the BPC official who declined to be named as he's not authorized to sp

03 Aug 2023

Harsh Weather Offshore LNG Terminal Firm Crown to Merge with Catcha

Kakinada LNG terminal (Illustration by Aker Solutions)

Crown LNG Holdings AS, a provider of LNG liquefaction and regasification terminal technologies for harsh weather locations, has agreed to merge with Catcha Investment Corp, a publicly traded special purpose acquisition company, that would result in Crown becoming a U.S. publicly listed company. The combined company, named Crown LNG Holdings Limited (“PubCo”), intends to apply to list its shares on the New York Stock Exchange under the new ticker symbol “CGBS”.Crown designs and…

01 Jun 2023

Plans Announced for LNG Export Facility in U.S. Gulf of Mexico

©Grand Isle LNG

Grand Isle LNG is proposing to build an LNG export facility, thirteen miles south of Grand Isle, Louisiana, in Plaquemines Parish, promising significant economic benefits to the region.The proposed deepwater port is a platform-based modular design; its pipeline access, and its nearshore location will result in one of the least expensive and safest operations on the market today. Importantly, all platforms and many components of the facility will be Louisiana made by Louisiana energy workers.Located in federal waters of the West Delta Blocks in depths ranging from 68 to 72 feet…

02 May 2023

Floating Offshore Wind and the Need for High-end AHTS

© Arild / Adobe Stock

As the world continues to scramble for renewable energy, floating offshore wind has emerged as a key capacity enabler in the coming decades. With no major commercial scale projects currently in operations, the segment is largely based on governments and developers ambitious project plans for the future. Nonetheless, this market segment can offer vast opportunities to the world of offshore support vessels in both near- and long-term prospects.In this piece, we will discuss the key opportunities and challenges related to offshore floating wind…

29 Mar 2022

Maersk Warns Shanghai Lockdown to Boost Shipping Costs Further

© Yan / Adobe Stock

Danish shipper Maersk said the Shanghai lockdown will severely hurt trucking services and increase transport costs, as China's intensifying efforts to fight the spread of COVID-19 further rattles global supply chains.The Chinese coastal city, home to some of the world's busiest sea and airports, began locking down half of the city on Monday and intends to do the same to the other half for four days starting Friday in a two-stage testing exercise.While it has kept its airports and deepwater port open…

17 Feb 2022

CGX Energy to Start Dredging, Dock Construction for Port in Guyana

©Zerophoto/AdobeStock

Canada-based oil company CGX Energy OYL.V will begin dredging and building the docks of a key deepwater port at Berbice, in eastern Guyana, planned to serve the South American nation's oil and agriculture sectors, the firm's chairman said on Wednesday.CGX Energy unit Grand Canal Industrial Estates in 2010 acquired a 50-year lease for a 55-acre parcel strategically located near the Berbice River for the project. When complete, it would become Guyana's third oil port and its only deepwater facility."The construction of docks and dredging will begin very shortly…

08 Dec 2021

Offshore Renewable Energy: A Port Puzzle for Floating Offshore Wind

The (current) world’s largest floating offshore wind farm; Kincardine. Sitting off north east Scotland, it has 9.5MW turbines on semisubmersible type foundations moored to the seabed. Photo from Cobra Group.

After being very much on the margins of the offshore wind industry, floating offshore wind now appears to be ready to hit the mainstream. With gigawatt scale developments already on the horizon, what will the infrastructure needed to build and support them look like? Over the past 12 months, the floating offshore wind sector appears to have had a major dose of adrenaline. While the largest development, to date, is the relatively small-scale 50MW Kincardine project off northeast Scotland (which will be outdone by the 88MW Tampen project in Norway later next year [2022])…

05 Nov 2021

Global Logistics Crisis Boosts Smaller UK Ports

Credit: korhil65/AdobeStock

Global supply chain disruption is changing cargo flows coming into Britain and smaller ports such as Liverpool are benefiting as suppliers look for other ways to route cargoes and minimize disruptions, Liverpool port's operator said.Major bottlenecks have formed across the globe in recent months due to a surge in demand for retail goods from people stuck at home under pandemic-related lockdowns and logjams impacting the supply of container ships and boxes to transport cargo.A shortage of truckers has added to difficulties especially in Britain…

01 Sep 2021

Oil Tankers Cluster Off Louisiana as Ports Assess Storm Damages

Illustration only - Credit:MAGNIFIER/AdobeStock

More than two dozen oil vessels were clustered off Louisiana seaports on Tuesday as the U.S. Coast Guard and port operators assessed damages wreaked by Hurricane Ida, according to sources and Refinitiv Eikon data.Dozens of ports from Louisiana to Alabama closed as Ida tore through the Gulf of Mexico and slammed into the coast on Sunday. A few have reopened with restrictions on vessel drafts.Ida made landfall at Port Fourchon, Louisiana, packing 150-mile-per-hour (240 km-per hour) winds that knocked out power to a substantial part of the state.

09 Apr 2021

Port of Gulfport Names Nass CEO

Jon Nass (Photo: Port of Gulfport)

The Mississippi State Port Authority (MSPA) Board of Commissioners has named Jon Nass the new CEO and executive director of the Port of Gulfport, following a national search led by Tim McNamara, head of Odgers Berndtson’s Transportation and Infrastructure Practice in Washington, D.C. His tentative start date is June 1.“After nearly an eight-month process, the MSPA Commission is very pleased to announce we have selected a new executive director to lead the Port of Gulfport team,” said MSPA President E.J. Roberts.

12 Oct 2020

FEED Completed for Delfin FLNG Vessel

Credit: Delfin LNG

Delfin Midstream (“Delfin”) has informed that the FEED has been completed for the Newbuild FLNG Vessel for the Delfin LNG project offshore Louisiana, in cooperation with Samsung Heavy Industries and Black & Veatch.Delfin LNG project has been described as a brownfield Deepwater Port "requiring minimal additional infrastructure investment to support up to four FLNG Vessels producing up to 13 million tonnes of LNG per annum."Commenting on the completion of the FLNG FEED Delfin said: "The tripartite cooperation has been successful in developing a robust…

01 May 2020

MarAD Extends Comment Period for SPOT Terminal Services LLC

The Maritime Administration (MARAD) announced the extension of the period for the public to comment on the Draft Environmental Impact Statement (DEIS) for the proposed SPOT Terminal Services, LLC deepwater port facility. The comment period was initially scheduled to end on March 23, 2020, but is now extended 30-days from the publication date of this Federal Register notice published on Friday, May 1, 2020.Due to the nationwide impacts of COVID-19 and the associated social distancing protocols, MARAD and the U.S. Coast Guard determined that the impact of these protocols have affected the public’s ability to assemble and provide feedback on the SPOT DEIS.

13 Apr 2020

Port of Indiana-Burns Harbor Kicks Off 2020 International Season

(Photo: Port of Indiana-Burns Harbor)

The first ocean-going vessel of 2020 arrived Monday at the Port of Indiana-Burns Harbor, thereby commencing this year's international shipping season at the Great Lakes port.Port officials welcomed the M/V Muntgracht, a 466-foot general cargo carrier, after her five-day voyage through the St. Lawrence Seaway to the deepwater port on Lake Michigan. Due to the current global pandemic precautions, the ceremonial Steel Stein, a long-running tradition at the port, was canceled this…

28 Feb 2020

Trafigura, Phillips 66 to Build Deepwater Texas Oil Port

© Vladimir / Adobe Stock

Global commodities trader Trafigura said on Friday it had formed a joint venture with U.S. refiner Phillips 66 to build a major deepwater port in Texas capable of handling supertankers, ditching its own competing project.The Bluewater Texas Terminal, which will be located 21 nautical miles east of the entrance to Corpus Christi port, will consist of two single point mooring buoys that can load Very Large Crude Carriers (VLCCs) capable of carrying around 2 million barrels of oil.Geneva…

10 Oct 2019

DP World Becomes a Full Logistics Operator in Peru

DP World, a Dubai-based global port operator, announced that it has expanded its business in Peru into a fully-integrated maritime and logistics operation.It has completed the development of the first phase of the deepwater port of Posorja in Ecuador for around $538 million. The whole project is estimated to cost around $1.2 billion.The development of the port by DP World will make Ecuador a trade and logistics hub for South America’s west coast. It will also see large container ships with capabilities exceeding 10, 000 twenty-foot equivalent (teu) arriving at the port of Posorja.Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World…

09 Oct 2019

Sanctioned Vessel Finally Departs American Samoa

Following a five-month stay in the port of Pago Pago, American Samoa, the 580-foot motor vessel Wise Honest, a 17,061-ton, single-hull bulk carrier ship connected to U.S. sanctions violations departed under tow Monday.This action comes after an investigation by the Department of Justice and the sale of the ship in a Southern District of New York Federal Court-directed auction. The Coast Guard’s role in these proceedings was to ensure the safety and security of the Port of Pago Pago and the vessel.Most recently, the Coast Guard captain of the port received, reviewed, and approved the submitted tow plan from the company who purchased the ship…

07 Oct 2019

Deepwater Port Posorja 1st Phase Opened

The $538 million first phase of the new Deepwater Port of Posorja in Ecuador by global trade enabler, DP World, is now completed and successfully operational.The overall $1.2 billion project will replicate Dubai's Jebel Ali Port and freezone, making Ecuador a trade and logistics hub for South America's west coast, and opening a gateway for large container ships with capacities exceeding 10,000 TEUs.Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World, visited the facility to assess progress of the project, which is one of the largest international investments in Ecuador. The port has already been operational for two months, handling thousands of containers and more than a dozen post-panamax ships.Posorja is expected to welcome an annual volume of 750…

27 Jun 2019

SC Ports Gets New RTG Cranes

South Carolina Ports Authority (SCPA), Southeast's deepwater port, said that five rubber-tired gantry (RTG) cranes arrived at Wando Welch Terminal to further modernize operations.The Port has received 14 of the 24 new cranes ordered for the Wando terminal; the terminal currently has 52 RTGs overall.Meanwhile, SCPA reported its strongest May on record, with 204,457 twenty-foot equivalent container units (TEUs) handled last month.Fiscal year-to-date TEU volume is up 9.7%, with 2,192,689 TEUs handled since the Port’s fiscal year began in July.“Our volumes have been strong this fiscal year compared to fiscal 2018, particularly with SCPA’s container business…

07 Mar 2019

Proposed Deepwater Port in Gulf of Mexico

The Maritime Administration (MARAD) issued a notice stating that a public scoping meeting will be held on 20 March in Lake Jackson, Texas to receive comments on the proposed deepwater port (DWP) in the Gulf of Mexico to be constructed and operated by SPOT Terminal Services LLC. Written comments must be received by 5 April. 84 Fed. Reg. 8401 (3/7/19) https://www.govinfo.gov/content/pkg/FR-2019-03-07/pdf/2019-04101.pdf(Bryant's Maritime Newsletter)

10 Jan 2019

US Oil Export Boom Sparks Battle to Build Texas Ports

© Robert Coy / Adobe Stock

Booming U.S. oil exports have set off a scramble to build Gulf Coast ports to handle more than 3 million barrels per day in new supplies expected over the next five years.Of seven proposed oil-export projects, nowhere is the opportunity greater or the competition more fierce than in Corpus Christi, Texas, where three firms are vying to open the state's first deepwater port.Commodities trader Trafigura has taken an early lead with a planned offshore facility that has an easier…

11 Sep 2018

Ultra-Deepwater Port Location Revealed at Shetland

Scottish Government identifies Dales Voe in Lerwick in Shetland  as “preferred site” for an "ultra deep water" decommissioning port after UK-wide feasibility study.Scotland’s supply chain could be set to win more large scale decommissioning projects, after Dales Voe in Shetland has been identified as the optimal location for an ultra-deep water port.The Lerwick location was selected following a UK-wide feasibility study, conducted by Ernst and Young, has as the optimal and most cost effective location for decommissioning work.The announcement has been made as key figures from oil and gas operators, service companies and other key stakeholders…

07 Aug 2018

Trafigura to Build U.S. Deep-Water Oil Port

Swiss commodities trader Trafigura has applied to build a deep-water port in Corpus Christi, Texas, on the Gulf of Mexico, which will be able to load supertankers, reports FT.The report said that the plan would see the commodity house build an offshore deepwater port facility  with a view to accommodate very large crude carriers (VLCC) capable of carrying more than 2m barrels of crude. It requires approval from the US Department of Transportation’s maritime division.According to a Reuters report, United States began exporting crude oil in 2016 after the ban on exports was lifted but while its production and therefore exports keep hitting new highs…

02 Jul 2018

Sri Lanka Shifts Naval base to China-controlled Port City

Sri Lanka is shifting a naval base to a port built and controlled by China, it said on Monday, a move that will strengthen security at a harbor that foreign powers fear China could use for military purposes.The base currently in the tourist district of Galle will be moved 125 km (80 miles) east along Sri Lanka's southern coast to Hambantota, nearer a main shipping route between Asia and Europe.The $1.5 billion deepwater port is likely to play a major role in China's "Belt and Road" initiative and is under a 99-year lease to China Merchants Port Holdings at a cost of $1.12 billion.Government and diplomatic sources have told Reuters that the United States, India and Japan have raised concerns that China might use the port as a naval base.The Sri Lankan government and Chinese embassy in Colom

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