Marine link
 

Terminal Project

Status: Long Beach Marine Terminal Project

The U.S. Army Corps of Engineers issued a Notice stating that it intends to prepare a draft Environmental Impact Statement (EIS) for a proposed marine terminal development at Pier S in the Port of Long Beach. 68 Fed. Reg. 53725 (September 12, 2003).


LA – Container Terminal Project

The US Army Corps of Engineers issued a notice stating that it completed an addendum to the Final Environmental Impact Statement for Berths 136-147 (TraPac) Container Terminal Project, Port of Los Angeles. Comments on the addendum should be submitted within the next 30 days. 73 Fed. Reg. 67490 (November 14, 2008). (Source: Holland & Knight)


USACE Issues DEIS for Container Terminal Project

The US Army Corps of Engineers (USACE) issued a notice stating that it is recirculating the Draft Environmental Impact Statement (DEIS) for the Berths 97-109 [China Shipping] Container Terminal Project in the Port of Los Angeles. Comments should be submitted by June 30. Source: HK Law


HP, Mitsubishi Seek Terminal Approval

According to Bloomberg, BHP Billiton may be first in line to persuade Californian Governor Arnold Schwarzenegger to allow construction of the first liquefied natural gas import terminal off the wealthiest U.S. state's coast. An application by Japan's Mitsubishi Corp. may be the state's first to go before federal regulators, who have the final say for onshore plants. North America's West Coast may be limited to three terminals as increased supply cuts gas prices and profit projections


Aker Solutions, IHI Partnership on LNG Terminal

The Aker Solutions and IHI partnership has received a signed Notice of Substantial Completion for Sempra LNG's Cameron LNG liquefied natural gas (LNG) receipt terminal near Lake Charles, La.   The Cameron LNG terminal project combined Aker Solutions' expertise in regasification engineering, construction management, commissioning and start-up with IHI's design and manufacturing knowledge of LNG storage and processing systems.  


Croatia May Choose FLNG Terminal

Image: LNG terminal Krk

 According to Reuters, Croatia may decide to construct a floating LNG (FLNG) vessel for the northern Adriatic – as opposed to an onshore liquefaction plant – in order to begin operations sooner.    At the moment, it is unclear what would become of the plans for a land-based terminal on the northern Adriatic island, Krk. So far, seven non-binding bids from both industrial and financial investors have been made for the onshore project.  


Essar Ports Q2 FY15 Net Profit Up

Essar Ports develops and operates ports and terminals and is one of the largest private sector port companies in India

  Essar Ports Ltd. (Essar Ports), part of the Essar, today announced its unaudited results for the quarter ended September 2014. Highlights of Consolidated Results: *Revenue for the quarter increased by 1% at Rs. 435.3 crore as against Rs. 431.6 crore during previous quarter (Q1 FY15)and  increased by 7% from Rs. 405.1 crore during corresponding quarter of previous year (Q2FY14) *EBITDA for the quarter increased by 4% to Rs. 361.4crore from Rs. 346


IOC LNG Terminal to be Ready by 2018

Photo: Chennai Petroleum Corporation Ltd (CPCL)

 Indian Oil Corporation (IOC) has begun initial works for setting up the Rs 5,150-crore ($830 million) liquefied natural gas (LNG)terminal at Ennore, Chennai.    LNG terminal would be ready by 2018, said the company Chairman B Ashok. The company had inked a MoU with the Tamil Nadu Industrial Development Corporation (TIDCO) for the project.    Ashok said that his company has given contracts for building refrigerated tanks and re-gasification facilities for the LNG


Canada Funds Green Port Project in Prince Rupert

The Honourable Stockwell Day, President of the Treasury Board and Minister for the Asia-Pacific Gateway, today announced that the Government of Canada will invest $2.5m in the Prince Rupert Port Authority’s (PRPA’s) Fairview Terminal project to provide shore power capacity to container ships through an electric cable management system. Prince Rupert will be the first Canadian port to offer shore power for container ships.


Rendell Announces Investment in Southport

Governor Edward G. Rendell announced the investment of up to $25 million dollars in commonwealth capital funds to advance the Southport Marine Terminal project at the Port of Philadelphia. The investment will fund pre-construction activities critical to the project's success. Teams qualified to bid for the right to develop and operate the Southport terminal were notified earlier today that the competitive bid process has been temporarily suspended to allow capital and financial market


Kogas Sign MoU for LNG Terminal in Mexico

Image: Kogas

 South Korea’s Kogas  (Korea Gas Corporation) has signed a memorandum of understanding (MoU) with the Mexican state of Yucatan to construct an liquefied natural gas (LNG) terminal and gas pipelines that would be worth up to $1.5 billion in a package deal.   


South Carolina is Getting Big-ship Ready

SCPA celebrated the arrival of two new super post-Panamax cranes in the Charleston Harbor on Friday. (Photo: SCPA)

The delivery of two super post-Panamax cranes at South Carolina Ports Authority (SCPA) on Friday marked another step in the port’s push for big ship readiness, to be followed in the coming years by the completion of the Wando Welch wharf project and harbor deepening to 52 feet. 


M&A Deals Change the Landscape in the Container Ports Industry

Table: Drewry Shipping Consultants Limited

 Softening demand growth coupled with larger liner shipping alliances and bigger ships is moving the container ports industry towards a value sector from growth sector, albeit still highly profitable, according to the Global Container Terminal Operators Annual Report 2016 published by global


DP World Takes Over Canadian Port

Photo: DP World

 Dubai-based port operator DP World has signed a long-term lease agreement for the expansion and operation of the multi-purpose Rodney Container Terminal (RTC) at Saint John in New Brunswick, Canada.   The global trade enabler will start running existing operations on 1 January 2017


U.S. Awards $61.8 Mln for Port Projects

U.S. Transportation Secretary Anthony Fox today announced 40 awards totaling nearly $500 million in funding for the  FY 2016 Transportation Investment Generating Economic Recovery (TIGER) grants. Of the 585 applications submitted totaling $9.3 billion in requests, six awards totaling $61


DP World takes over Rodney Container Terminal, Canada

Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World at the signing of the long-term lease agreement for the expansion and operation of the multi-purpose Rodney Container Terminal at Saint John, New Brunswick, Canada.

DP World has signed a long-term lease agreement for the expansion and operation of the multi-purpose Rodney Container Terminal at Saint John, New Brunswick, Canada. The global trade enabler will start running existing operations on 1 January 2017 and work in partnership with the Saint John Port


Bangladesh LNG Terminal Edges Closer

Excelerate and Petrobangla Sign Final Agreements for Bangladesh’s First LNG Import Terminal Photo Excelerate Energy

Excelerate Energy L.P. (“Excelerate”), Petrobangla, and the Government of Bangladesh executed the Terminal Use Agreement (“TUA”) and the Implementation Agreement (“IA”) for the construction and operation of Bangladesh’s first LNG import terminal –


IOC Mulls Buying GSPC's Stake in Mundra Terminal

Image: Gujarat State Petroleum Corp

 Indian Oil Corporation (IOC), the country's largest oil company,  is in talks to buy debt-laden Gujarat State Petroleum Corp’s (GSPC) stake in the under-construction Rs.4,500 crore ($669 million) Mundra LNG import terminal, according to PTI.  


ICTSI Australia Secures AUD398 Mln Loan

Photo Courtesy ICTSI Australia unit

On July 15, 2016, Victoria International Container Terminal (VICT) signed a syndicated loan facility worth AUD 398 million (approximately USD 300 million) with seven leading global financial institutions, namely: Citibank N.A., KFW IPEX-Bank


First Shipload of LNG Arrives at Skangas Terminal Finland

First shipload of liquefied natural gas to Finland arrived at Skangas LNG import terminal in Pori. Photo Gasum Oy

Sunday July 10th 2016 the first shipload of liquefied natural gas (LNG) arrived at the Gasum’s subsidiary Skangas LNG terminal in Pori. To be completed in August, the facility is the first LNG import terminal in Finland. LNG was brought with the time chartered Skangas Coral Energy carrier


Pasir Panjang Terminal Phases 3 & 4 Wins Top Engineering Accolade

Pasir Panjang Terminal. Photo by Ministry of Transport, Government of Singapore

 The Pasir Panjang Terminal Phases 3 & 4 development was shortlisted by a panel comprising judges from both the public and private sector and voted by members of the public into “Singapore’s Top 50 Engineering Achievements.”    


APM Terminals Focus on Safety, Productivity

APM Terminals Maasvlakte II Rotterdam photo APM

Speaking on a panel devoted to “Robotics & Automation in Container Terminals” at the TOC Europe’s 40th annual industry gathering devoted to port and terminal technology and operations, APM Terminals Head of Terminal Design and Automation


Virginia Port Sees 2% Volume Growth

Photo Virginia Port

The Port of Virginia processed 219,398 twenty-foot equivalent units (TEUs) in May, bringing the port to 2 percent growth in TEU volume for the calendar year and 2.6 percent growth in the fiscal year, which ends July 1. “Volume for May was not as high when compared with last year


ABS Group Signs on Elba LNG Project

ABSG Consulting Inc., a subsidiary of ABS Group of Companies, Inc. (ABS Group), has been contracted by Kinder Morgan, Inc. to develop a Maintenance and Integrity Program for the liquefied natural gas (LNG) regasification terminal at Elba Island (Elba LNG Project) near Savannah, Georgia.  


Port Canaveral Cruise Terminal Undergoes $48 Mln Makeover

Photo courtesy of Port Canaveral

After undergoing a $48.38 million transformation in order to handle larger and modern ships, Cruise Terminal 5 opened this past weekend hosting the Carnival Valor.   The improvements include an expanded terminal, a longer 120-foot longer pier, a new 1,044-space parking garage






 
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