Logistics

Port of Antwerp Throughput up 4.3%

  The port of Antwerp handled 199,012,082 tonnes of freight in 2014, a rise of 4.3% compared with the previous year. The new record that was already announced

CakeBoxx, Globe Tracker Partner for Asset Tracking

Globe Tracker International, a company in global autonomous asset tracking, monitoring, remote management and data sharing services, and CakeBoxx Technologies,

Northeast Winter Storm Disrupts Shipping

Winter Storm Juno, which has brought snow and gale force winds to the North East Coast of the United States, is causing severe disruption to shipping across the entire coastline.

Carnival, China Merchants Sign MOU

MOU will explore both Port & Destination Development and Ship-Owning joint ventures with the goal of potentially launching China’s first world-class domestic cruise brand.

ZIM Launches Monitoring and Tracking Service

ZIM integrated shipping services has announced the launching of a new monitoring, tracking and security services package, specifically designed for valuable and

Australian Tall Ship Rounds Cape Horn

The Royal Australian Navy operated Sail Training Ship Young Endeavour rounded Cape Horn on Australia Day, 36 days into a 12-month circumnavigation of the world.

Maersk Line to Increase Asia-Europe Rates

Maersk Line, part of Denmark's A. P. Moller-Maersk, plans to increase shipping freight rates for transporting containers from ports in Asia to Northern Europe by

2016 Etchells Worlds Comes to Cowes

Cowes Harbour Commission (CHC) has announced  that Governors of the International Etchells Class Association have approved Cowes as the venue for the 2016 Etchells World Championship.

Nyhamna Gas Plant Capacity Cut on Tuesday

Natural gas production capacity at Norway's Nyhamna gas processing plant was reduced by 10 million cubic metres (mcm) per day on Tuesday due to "process problems", gas system operator Gassco said.

Enterprise Contracts to Boost U.S. Crude Exports

Enterprise bumps up exports through annual contracts; signs 2015 contracts with PDS, Vitol; seeks one more term buyer. U.S. exports of condensate have been given

Factors Driving 2015 U.S. Oil Output

Rig counts are a highly imperfect guide to future oil production but they are one of the few readily available statistics on oilfield activity so it is unwise to dismiss their importance entirely.

Global Gas Prices Converge After Five Years

U.S. natgas prices have remained low due to domestic shale boom; Asian LNG prices soar post-Fukushima; rising China demand. Global benchmark prices for natural

Gazprom Eyes New Gas Route to Turkey

Russia's Gazprom plans to supply first gas via a new route to Turkey in December 2016, the company's Chief Executive Alexei Miller said in a statement on Tuesday.

Oil Not High on Obama-Salman Agenda

Oil is not expected to be high on the agenda of a meeting on Tuesday between U.S. President Barack Obama and new Saudi King Salman, Ben Rhodes, deputy national security adviser, told reporters.

Gas Alarm Shutters Norway's Snoehvit LNG Plant

Production at Norway's Snoehvit liquefied natural gas (LNG) plant was stopped on Tuesday due to a gas leak and the duration of the outage was unknown, operator Statoil said.

Saudi Aramco Renegotiating Some Oil Contracts

Saudi Aramco will renegotiate some contracts and postpone some projects due to falling oil prices, the head of Saudi Arabia's state oil company said on Tuesday,

Tighter Supertanker Market Impacts Asian Fuel Supplies

The window to sell Western fuel oil to Asia is starting to close as demand for a limited fleet of supertankers to store cheap crude pushes freight rates to multi-month highs,

Oil Tankers are Front Line of Libya's Struggles

Crew members killed in tanker attack this month; West fears worsening violence could lead to civil war. Oil shippers face higher costs and the possible loss of insurance cover on Libyan voyages,

CFE to Lift Eight LNG Cargoes

Mexican state-owned utility CFE has bought eight cargoes of liquefied natural gas (LNG), four traders said. Swiss trading house Trafigura was awarded the bulk of the volume,

US Wells Shuttered as Prices Better Small Producers

Collapsing crude prices are confronting scores of smaller U.S. oil producers with the grim choice of either shutting older high-cost wells or burning through cash

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