Logistics

UN: Ship Inspections near Somalia for Arms, Charcoal

The United Nations Security Council authorized the inspection of boats suspected of carrying illegal shipments of charcoal or weapons to and from Somalia on Friday,

Rail Collision Blocks Service on Mozambique Line

Two freight trains belonging to South African logistics company Transnet collided in Mozambique on Thursday and the line's service will be closed for three days,

Genesis Energy Acquires Jones Act Tanker

Genesis Energy, L.P. (GEL)  agreed to acquire for approximately $157 million the M/T American Phoenix from Mid Ocean Tanker Company and two related charters and management agreements.

Singapore Bunker Meter Mandate Targets 'Frothy Fuel'

Singapore, the world's biggest bunkering port, plans to end the so-called "cappucino effect" in ship fuelling through new meters designed to stop suppliers from short-changing customers,

Antwerp Port Achieves Highest Throughput

The port of Antwerp handled a freight volume of 148,344,168 tonnes during the first nine months of this year. That’s 3.7% more than the same period last year. Both

Containers, Cruises Help Boost Marseilles Fos

Container throughput at French port Marseilles Fos reached 876,711 teu for the period January to September, an increase of 6% on the first nine months last year.

Iridium Partners with Trimble to Support Expansion

Iridium Communications Inc. announced an agreement with Trimble that expands the company's use of satellite communications in its core Transportation and Logistics

Colombian Professionals to be Trained in Antwerp

  APEC, the training centre for the port of Antwerp, is to provide training for shipping professionals from the port of Santa Marta (Colombia) for the next four years.

PDVSA Charters Another Algerian Crude Cargo

Venezuela's state-run oil company PDVSA has hired a supertanker to load a second 2 million-barrel cargo of Algerian crude, according to preliminary tanker fixture data.

Anything Goes, No Matter the Size

Florida-based Amerijet International, Inc. is a full-service all-cargo carrier providing regional and international, scheduled all-cargo service. The Amerijet group offers a range of air,

NYK Line Joins PNW West Coast Metro Pool

Effective October 20, 2014, NYK Line has become a member of the PNW West Coast Metro Pool (WCMP) operated by Trac Intermodal. The WCMP operates chassis at all major marine terminals,

Poland Plays Hardball over Russian Gas

Poland said Russia failing to supply requested volumes, but Poland does not need the extra gas, storage almost full. When Poland last month accused Russian natural

Shell: "Substantial" Gabon Gas Find

Shell has announced a frontier exploration discovery offshore Gabon, West Africa. The well Leopard-1 encountered a substantial gas column with around 200 metres net gas pay in a pre-salt reservoir.

Oil Above $86, Recovery Holds

U.S. crude stocks rise less than expected - API. Oil edged further above $86 a barrel on Wednesday after an industry report showed a smaller-than-expected rise in U.

Russian Refining Margins to Fall in 2015

Russian Deputy Finance Minister Sergei Shatalov told reporters on Wednesday that oil refining margin, a key measure of profitability, would fall to $20 per tonne in 2015 from $50 currently,

Portugal Could Block EU Climate Deal

Portugal, Spain want 15 percent connection goal; spare Iberian energy stranded by lack of links. Could reduce EU dependency on Russian fuel. Portugal warned

Contracts for BP's Indonesian LNG Project

BP said on Wednesday it had awarded the onshore front-end engineering and design (FEED) contracts for the $12 billion Tangguh LNG expansion project to two Indonesian consortiums.

Angola LNG Delays Plant Restart

The restart of Angola's liquefied natural gas (LNG) export plant has been delayed until late 2015 from an original mid-year target after the facility was shut earlier

Russia: Ukraine Has One Week to Ante Up

Ukraine should be able to find ways of paying for Russian gas supplies within a week, Russian Energy Minister Alexander Novak said on Wednesday, suggesting a standoff

Lukoil's West Qurna-2 at 320,000 bpd

Russia's Lukoil is producing more than 320,000 barrels per day at its Iraqi West Qurna-2 field, Andrey Gaidamaka, the company's vice-president, said on Wednesday.

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