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.
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.
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
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
The Coast Guard, the Environmental Protection Agency and the state of Louisiana are working together with local industries to recover spilled oil and mitigate further environmental damage in the aftermath of Hurricane Katrina. The Coast Guard Sector New Orleans Federal On Scene Coordinator has established a forward operating base in Baton Rouge, La., to coordinate the pollution response efforts. The following industries are responding to product release in the aftermath of Hurricane
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
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
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
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 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.
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
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
The Świnoujscie LNG terminal in northern Poland is ready to receive its first shipment of gas, with a tanker leaving Qatar on its way to Poland. The tanker carrying LNG left Qatar-based Ras Laffan port on last Friday and is heading to the LNG terminal
(John Kemp is a Reuters market analyst. The views expressed are his own) Oil producers may be struggling as a result of low prices but the oil storage business has never been in better shape. U.S. refiners, traders and logistics companies added an extra 11 million barrels
The cost of shipping crude surged to all destinations, amid speculation that bookings are increasing to load crude. According to a report in Bloomberg, the oil tanker rates soared to the highest in seven years amid an acceleration in the number of bookings and signs that the ships
MidEast-Japan rates top $111,000 a day, highest since June 2010. Freight rates in Asian trades for very large crude carriers (VLCCs) are likely to remain firm as vessel supply and charter volumes stay evenly matched, ship brokers said on Friday.
Tankers that took a longer route set to arrive; storage in main hub nearly 70 percent full. Europe's new status as the dumping ground for the world's excess diesel comes to a head this month as mild weather, strong refinery runs and months of building stocks combine.
The response effort to remove a hazardous cargo from the 104-year-old sunken tank barge Argo in Lake Erie officially ended Monday afternoon with the demobilization of all remaining equipment. Contracted by the U.S. Coast Guard as part of a Unified Command effort
Islamic State fighters clashed with security forces near Libya's Es Sider oil export terminal on Monday killing two guards and setting an oil storage tank on fire, witnesses and a Petrol Facilities Guard source said. The source told Reuters that the tank had been hit by a rocket during the
Islamic State militants resumed shelling near the Libyan oil port of Es Sider on Tuesday and an oil storage tank in the port was hit causing a fire, a petroleum guards spokesman and the National Oil Corporation said. The guards spokesman said the militants were 30-40 km (19-25 miles) from the
Fires caused by clashes between Islamic State militants and guards near Libya's biggest oil ports have spread to four oil storage tanks that were still burning on Wednesday, a guards spokesman said. Ali al-Hassi said the Petroleum Facilities Guards were in control of Es Sider and Ras Lanuf ports
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 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