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Westway Terminals $3.8m Expansion in La.

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.


LNG Contract

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.


DNREC Denies BP's Crown Landing Proposed LNG Pier

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.


Offshore Installation at Lerwick

Lerwick port

  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.


Fires Still Raging at Major Libyan Oil Terminal After Attack

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


Hess sells Shannon LNG Terminal

Ireland is the only country in NW Europe without an LNG terminal. Map:  ShannonLNG

 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


Chevron To Hold LNG Open House

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


Gullfaks A Platforms Slash Production

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


CNOOC LNG Terminal Approved

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


US Shipyard to Produce GTT's LNG Membrane Tanks

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


Two Canadian Ferries to be Converted for LNG Operation

Image: Scott Arkell/Wärtsilä

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


Croatia's Floating LNG Terminal Due in 2018

Croatia Economy Minister Tomislav Panenic. Photo: HINA

 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


Largest-ever Diesel Cargo Heads to Europe

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


Repower Brings Ferry into IMO Tier III Compliance

Bastø Fosen I (Photo: GE)

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


Fire Spreads at Libyan Oil Port Terminals

Fires have spread to seven oil tanks at Libya's ports of Ras Lanuf and Es Sider following attacks this week by Islamic State militants, a Petroleum Facilities Guards (PFG) spokesman said on Thursday. Ali al-Hassi said five storage tanks were burning at Es Sider and two at Ras Lanuf.


Petrogas to Establish LNG terminal in Andhra

Pic: Krishnapatnam Port Company Ltd

 Petrogas Private Limited, a joint venture company between Isomeric Holdings Bhd from Malaysia and LEPL Ventures Pvt Ltd (LEPL) from Vijayawada, has signed a facilitation MoU with Krishnapatnam Port Company Ltd (KPCL) and Andhra Pradesh government for setting up a regasification and floating


Cheniere Delays First LNG Shipment from Sabine Pass Terminal

Sabine Pass LNG Terminal. Photo by Cheniere Energy Partners

 The Sabine Pass liquefied natural gas (LNG) terminal will ship its first cargo later than initially thought, according to an announcement by Cheniere Energy Partners LP.   The Houston-based company now forecasts that its first shipment will not leave its Sabine Pass plant until late


Parker Bestobell to Supply Valves for Canadian Tankers

Photo courtesy of Parker Bestobell Marine

Parker Bestobell Marine has received its first order to supply its cryogenic fuel gas valves for new build tankers. The two 15,000-dwt ice-class 1A asphalt and bitumen tankers have been ordered by Groupe Desgagnés of Canada and will be built at Besiktas shipyard in Turkey.


Ras Lanuf Ablaze, Terminal and Port Closed Indefinitely

An attack by suspected Islamic State militants on Thursday has caused fires at four storage tanks at Libya's Ras Lanuf terminal, National Oil Corporation Chairman Mustafa Sanalla said. The terminal, which has been closed since December 2014


LR Bags LAUGFS' Contract in Sri Lanka

Mr. W.K.H. Wegapitiya, Chairman of LAUGFS Holding Photo LR

Lloyd’s Register (LR), world’s leading engineering, technical and business services organization announced today that it has been appointed by LAUGFS Gas PLC (LAUGFS) to handle key safety and quality checks of the LPG terminal at Hambantota Port


Gasoline Traders Begin Using Floating Storage

At least two tankers booked in recent days; Gasoline stocks at record high in Europe, U.S. Traders have begun storing gasoline on tankers off the coast of Europe as land storage tanks near maximum capacity, the latest sign of increasing stress in the refined oil products market.


Low Bunker Prices to Support Tanker Earnings

Image: Hamilton Energy

 Lower oil prices performed wonders for the tanker market in 2015, says  Drewry Maritime Research. Tonnage demand surged and oil trade expanded because of high consumption demand and increased stocking activity.    Tonnage supply was also kept in check as the contango in oil


Asia Tankers-VLCC Rates Rising on Weather, Volume

A VLCC transits the Suez Canal (file image: Suez Canal Authority)

MidEast VLCC rates jump by almost $13,000 a day; Basra cargos could increase daily rates by $9,000. Freight rates on Asian routes for very large crude carriers (VLCCs) are set to climb higher next week as unloading delays and weather-related port congestion in China tighten vessel supply on


Gothenburg Port's Second Oil Storage Cavern Commissioned

The Tor Harbour pier at the Port of Gothenburg. Photo by the port

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.


Huge Tanker Traffic Jam Builds at Basra

file image: A VLCC transits the Suez Canal (Suez Canal Authority)

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






 
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