Westway Terminal Company LLC, a wholly-owned subsidiary of Westway Group, Inc. (OTC BB: WTWG), launched a $3.8m expansion to its Port Allen facility today with a groundbreaking ceremony at the Port of Greater Baton Rouge. Expansion plans include the construction of four, one million gallon bulk liquid storage tanks, which will expand the terminal’s capabilities by 25 percent. Upon completion, the terminal will provide 22 bulk liquid storage tanks with a total storage capacity of 21 million gallons. “The project will generate 15 - 20 local construction jobs and add two full-time employees,” according to terminal manager, Terry Fleming. Engineering for the project was provided by Neel-Schaffer Engineering of Baton Rouge, La.; tank foundations will be constructed by Beard Construction Company of Port Allen, La.; contractors for the expansion include Performance Contractors of Baton Rouge, La. providing piping and mechanical work for the project and Pasadena Tanks Corporation of Houston, Texas for tank erection. Westway’s terminal at the Port of Greater Baton Rouge, on the Mississippi River, is a strategic U.S. Gulf South location. The facility has excellent intermodal capabilities with access to ocean-going vessels, barge, rail and truck.
Chicago Bridge & Iron Co. reportedly received a contract valued at more than $100 million to design and construct storage tanks for a new liquefied natural gas import terminal near Port Hawkesbury on Cape Breton, Nova Scotia, Canada. The facility will be owned and operated by Bear Head LNG Corp., a unit of Anadarko Petroleum Corp.
Fires at oil storage tanks in the major Libyan terminal of Ras Lanuf were still raging on Friday more than 24 hours after an attack by Islamic State militants, a firefighting official said. Mustafa Moussi said fires were burning at five of the terminal's 13 storage tanks, one of which was close to collapse. "Even with the best efforts of the firefighters we are expecting the worst in the coming hours," he told Reuters
Department of Natural Resources and Environmental Control Secretary John A. Hughes has determined that the proposed LNG off-loading pier in the Delaware River is prohibited by the State’s Coastal Zone Act. The decision is in response to the Dec. 7, 2004 application of Crown Landing LLC to ascertain if a new pier facility to transfer liquefied natural gas (LNG) from ships in the Delaware River to storage tanks in New Jersey is allowable under the Coastal Zone Act.
A large steel oil storage tank to be installed west of Shetland as part of Premier’s development of the Solan field has arrived in Lerwick onboard a heavy-transport vessel Xiang Yun Kou, to make use of the port’s deep-water quays and anchorage. The vessel is berthed at Holmsgarth 5 and local engineering and logistics companies have been engaged to prepare the tank prior to it being taken to the field.
New York-based energy company Hess has sold Shannon LNG, a proposed gas-import terminal in County Kerry, Ireland’s Sunday Independent has reported. The newspaper did not name the buyer for the site. The identity of the new owner of the proposed liquefied natural gas terminal on the Tarbert-Ballylongford landbank and their plans are not yet clear. Shannon LNG aimed to import LNG through southwest Ireland
Gaztransport & Technigaz (GTT), a designer of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG), via its U.S. subsidiary GTT North America, announced the signing of an agreement with Conrad Shipyard for the future production of LNG membrane tanks using GTT's technology. The signing of an agreement initiates the process of training and preparing Conrad Shipyard, a major U.S
Reuters reports that China National Offshore Oil Corporation (CNOOC) has won approval from the National Development and Reform Commission to build its fourth liquefied natural gas (LNG) receiving terminal and relevant facilities. The first phase of the Zhejiang project, costing around $1.03 billion and developed to receive 3 million tons of LNG per year, was scheduled to be operational in 2012, the parent of CNOOC Ltd said in an announcement on its website
Norway's Gullfaks A and other linked oil platforms in the North Sea were cutting production to about 60,000 bpd on Wednesday from a usual 260,000 bpd due to a storm, state oil firm Statoil said. Heavy seas were preventing tankers from loading at offshore buoys at Gullfaks A and storage tanks in the legs of the platform were almost full. "We hope to be able to load tomorrow," Statoil spokeswoman Else Kathrine Nesmoen said. "If not, weather should improve on Friday and allow loadings
Chevron on Thursday is scheduled to hold its second open house for the public to learn about a proposed Pascagoula liquified natural gas terminal. The new depot would be located on 200 acres of unused industrial land within the current Chevron refinery complex. Bayou Casotte Energy, a subsidiary of Chevron, has not yet applied for permits for the project, which will include several major facilities including natural gas storage tanks, processing equipment and a ship docking area
Oil investors are finally buying into the notion that the biggest risk to the price now is likely to be supply falling short of demand, rather than from any stubborn overhang of unwanted crude, the options market shows. The price of Brent crude has hit $52 a barrel
Amec Foster Wheeler has been awarded a contract by Indian Oil LNG Private Ltd. Co. (IOLPL) for the Liquefied Natural Gas (LNG) Terminal in Ennore, Tamil Nadu, on the east coast of India. This award follows the successful completion of a front end engineering and design
Regasifying and storing LNG offshore has allowed customers to import gas without committing to land-based infrastructure. The option also speeds up access to vast amounts of energy. “Wärtsilä focuses on completing the LNG value chain,” says Timo Koponen, Vice President
Libya will resume oil shipments from the port of Marsa El Hariga after an agreement was reached at talks in Vienna between rival oil officials representing the east and west of the country, Libyan oil sources told Reuters. Exports from the port have been blocked since early this month due to a
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Libya's National Oil Corporation (NOC) based in Tripoli said on Thursday it had cancelled two oil cargoes from its May export program because a rival NOC in the east is blocking exports from Marsa al-Hariga. Mohamed el-Harari, spokesman for the NOC in Tripoli said in a statement that the
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that Lakler S.A., 100% subsidiary of MOL has officially agreed to conclude a charter contract, with an eye toward reaching a final deal in June this year, with Gas Sayago
Imagine the following scenario: It is in the middle of winter in the north Atlantic, freezing cold with rough seas, when an emergency onboard a tanker requires the crew to abandon the ship. A lifeboat with its full complement of persons is just getting away from the emergency scene when the
China's biggest liquefied natural gas (LNG) importer CNOOC has started building two storage tanks at a receiving terminal in Fujian province for the super-chilled fuel, the official Xinhua news agency reported. The new tanks are part of a plan to increase the receiving capacity at
Norwegian ferry Bastø Fosen I is the first vessel commissioned with a globally certified International Maritime Organization (IMO) Tier III compliant marine engine that does not need urea based after treatment. The completely refurbished and repowered Bastø Fosen I has been
Europe is expected to receive its largest-ever diesel cargo after French refiner Total booked a super tanker to sail to the region even as it faces brimming storage tanks and wilting demand. Total has chartered the newly-built very large crude carrier (VLCC) tanker Alice to ship 270
Croatia could complete its 2 billion cubic metre per year floating LNG facility in 2018, Economy Minister Tomislav Panenic said. In an interview with Reuters Tomislav said that Croatia intends to complete the construction of a floating LNG terminal in the northern Adriatic by 2018
Wärtsilä has been awarded the contract by Gdansk Shiprepair Yard Remontowa S.A., to supply a scope of engines, propulsion machinery, integrated automation systems, and gas handling systems required for the mid-life upgrading of two RoPax ferries and their conversion to operate on LNG fuel
Nearly 30 large oil tankers waiting to load at Basra; daily VLCC tanker rates have doubled to nearly $75,000. A traffic jam of nearly 30 large oil tankers has built up outside the Iraqi port of Basra due to loading delays, with some waiting up to three weeks and costing ship operators around $75
A new underground cavern is being brought into operation at the Port of Gothenburg. The cavern is 600,000 cubic metres in size and will be used for interim storage of crude oil. The operator will be the independent storage company Scandinavian Tank Storage.