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).

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

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)

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.  

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

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

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.

Strategic Marine Wins Offshore Cargo Catamaran Contract

Strategic_CAT web.jpg

Western Australian (WA) ship builder Strategic Marine has signed a contract with repeat client Offshore Plant Hire for the construction of a 24 meter heavy duty offshore cargo catamaran. The catamaran will be built at Strategic Marine's Singapore facility which is nearing the end of a major expansion program which will see the shipyard more than double its capacity. The vessel will be completed in the first quarter of 2013 and is expected to operate in WA’s North West

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

HHI Orders Regasification Systems from Wärtsilä

The Wärtsilä regasification module seen here with storage tank and filter/heater module (Photo: Wärtsilä)

South Korean shipyard Hyundai Heavy Industries (HHI) has ordered two seawater/propane based regasification modules from Wärtsilä. The systems are to be installed on floating storage and regasification unit (FSRU) vessels owned by Höegh LNG

DP World Nhava Sheva Helps Enhance Efficiency

Nhava Sheva International Container Terminal is part of DP World’s Subcontinent Region

  DP World Nhava Sheva, well-known for its operational efficiency; once again orchestrated a win-win situation for the trade and maintained normal import and export activities when the port confronted both, natural and manmade crisis.

EC Approves Aid for Finland's First LNG Terminal

Pori LNG terminal Photo: Gasum Oy

 The European Commission has approved under EU state aid rules Finland's plans to grant €23 million to construct a small scale LNG terminal at Pori on Finland's west coast.   The European Commission has concluded that Finland's plans to grant €23 million of public funding for

Kalmar to Upgrade MSC Terminal VLC (Valencia) Cranes

MSC Terminal Valencia - Port of Valencia, Spain

  Kalmar, part of Cargotec, has announced a large contract to heighten and extend the handling capabilities of eight ship-to-shore (STS) cranes at MSC Terminal VLC in Valencia, Spain. The order is the largest ever for Kalmar Crane Upgrades business

Sanction Free Iran to Accrue Strong Investment

After 10 years of diplomatic negotiation, the UN P5+1 countries (the U.S., the U.K., France, China, Russia and Germany) reached an agreement to unwind economic sanctions on Iran in return for significant international control and surveillance over its nuclear activities

Sri Lanka to Establish Terminal for Cruise Ships

Colombo Port. Image by Sri Lanka Ports Authority

 A fully-fledged cruise terminal is to be set up at Colombo port given the increasing number of calls by cruise vessels, according to Lakdas Panagoda, chairman of the Sri Lanka Ports Authority (SLPA).   The SLPA plans to convert the Bandaranaike Quay (BQ) of Colombo port into a

Taimyr Disapprove Oil Terminal "Tanalau"

The indigenous peoples of Taimyr not approved the oil terminal Tanalau on the Yenisei

  Association of Indigenous Peoples of Taimyr refused to sign the conclusion of the public hearings on the project and everything Payyahskogo Severopayyahskogo fields and the construction of the oil terminal "Tanalau." "As a result of re-hearing Association based on its own

FERC Approves Excelerate’s Offshore GasPort

Rendering of the proposed facility, the Aguirre Offshore GasPort (Photo: Excelerate Energy)

Excelerate receives approval to move forward with the construction and operation of LNG terminal   On July 24, 2015, the U.S. Federal Energy Regulatory Commission (FERC) issued its order granting authorization to Excelerate Energy, in cooperation with the Puerto Rico Electric Power

Petronas-led Consortium to Start Construction of B.C. LNG terminal Soon

Gas and Power Regas Terminal. Photo: Petroliam Nasional Berhad (PETRONAS)

 British Columbia's finance minister Michael de Jong said that the construction of Petroliam Nasional Bhd’s (Petronas) $36 billion liquefied natural gas (LNG) export terminal project in Canada is expected to start in September.  

Work Begins on $1.6 bln Container Terminal at Jebel Ali Port

Photo: DP World

DP World Chairman Sultan Ahmed Bin Sulayem announced the start of construction work on a brand new container terminal at Jebel Ali Port, Dubai.   Phase 1 of the Container Terminal 4 (T4) project will deliver new capacity of 3.1 million TEU (twenty-foot equivalent units) by 2018

Egypt to Allow 24-hour Access to East Port Said with New Waterway

Egypt plans to allow smaller vessels in the Mediterranean direct access to East Port Said around the clock instead of just eight hours a day by building a side channel near the Suez Canal, which will speed up shipping movements in the area.  

Redesigned LaGuardia Airport to Include Ferry Terminal

Rendering shows plans for LaGuardias new Marine Air Terminal site (Image: Governor Cuomo’s office)

The Port Authority of New York and New Jersey and Delta Air Lines are set to overhaul New York’s notoriously outdated and publically criticized LaGuardia Airport, replacing four separate terminals with a single, connected one that will include a ferry terminal.  

Egypt Gets FSRU from BW Gas

LNG Carriers of BW. Photo: BW Group

 Norway-based BW Gas will provide Egypt with a liquefied natural gas (LNG) floating import terminal under a five-year contract.   This comes as as the North African country's government grapples with energy shortages.   

Pier Demolition Makes Way for Ferry Terminal

Photo: Washington State Department of Transportation

Pier removal to eliminate 4 percent of toxic creosote left in Puget Sound   Demolition of the Mukilteo tank farm pier has begun. The work makes way for a new terminal to replace Washington State Ferries’ existing, 60-year-old facility in Mukilteo

ICTSI 1H 2015 Net Income Down 1%


  International Container Terminal Services, Inc. (ICTSI) today reported unaudited consolidated financial results for the first half of 2015, posting revenue from port operations of US$552.1million, an increase of eight percent over the US$510

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