Port of Rotterdam Records Increased Throughput
Total throughput at the Port of Rotterdam grew by almost 7% in the first half of 2015 thanks to a surge in oil products movements. The port attributed their growth by the increased throughput of oil products, which increased by almost 30% as well as the 8.3% increase in crude oil throughput. "The growth was almost entirely accounted for by the throughput of oil products (+29.7%), crude oil (+8.3%), containers (+3.7% in TEU) and roll-on/roll-off-transport (+9.6%).
China Conducts 8-day Naval Drills in Yellow Sea
China has launched regular military exercises in the Yellow Sea and the Bohai Strait, says the Chinese People's Liberation Army's Daily, the Chinese military's official newspaper. The China's military newspaper reported that eight days of "military missions" had begun on Friday in the northern parts of the Yellow Sea and the Bohai Strait, adjacent to the Korean Peninsula. Until next Friday, China's maritime authorities have banned ships from sailing in the affected areas.
China to Roll out World's Largest Sea Plane
China has started assembling the world's largest amphibious aircraft which it plans to deploy in the disputed South China Sea besides aggressively marketing it abroad, state-run China Daily reported. “Since the first day of its development, the AG-600 has been designed for the global market. We are confident in its market prospects because the aircraft’s overall specifications, such as the maximum takeoff weight and flight range…
Stiff Challenges Await Indian LNG Terminals
India's new LNG import terminals will face major challenges due to price sensitive demand, ICRA said in its latest update on gas utilities sector. "Crowding of regasification terminals could put pressure on utilization levels, regasification charges and returns of new entrants," says ICRA (formerly Investment Information and Credit Rating Agency of India Limited). "Despite high domestic demand-supply deficit…
Shreyas Acquiring Additional Vessels to Expand Fleet
Mumbai-based Shreyas Shipping and Logistics Ltd (SSL), part of global conglomerate Transworld Group, has acquired two container ships to boost its fleet to 8 vessels from earlier 6 vessels. In a filing to the stock exchange, the company said that the newly acquired ships would be plying in domestic as well as international waters. The company also plans to introduce additional 5two vessels within a years’ time.
Uruguay LNG Terminal on Schedule
Uruguay's state-owned Gas Sayago said civil works for an LNG regasification terminal are due to begin again after five months of delays, putting back on track a $1.1 billion project for the country's first such facility. Gas Sayago, a joint venture by two state-owned companies, Ancap and UTE, informed that replacement contractors have been found for Constructora OAS, a Brazilian company that was hired to build a breakwater and wharfs for the terminal…
Ukraine, Frontera Sign Construction of LNG Terminal
Ukraine's NJSC Naftogaz signed a memorandum of understanding with U.S. Frontera Resources on the construction of a liquefied natural gas (LNG) terminal in Ukraine, according to Ukrainian Prime Minister Arseniy Yatsenyuk. "U.S.-based Frontera will begin the construction of an LNG terminal and launch natural gas shipments to Ukraine through this terminal," Yatsenyuk said. He added that the project, which was launched in 2012 but suspended in 2013 due to inadequate investment…
Iran Offers India Bigger Role in Developing Port of Chabahar
The port of Chabahar in southeast Iran is central to India's efforts to circumvent arch-rival Pakistan and open up a route to landlocked Afghanistan where it has developed close security ties and economic interests. According to a Reuter's report, Iranian President Hassan Rouhani has asked India to invest in infrastructure projects worth $8 billion, including an expanded role in developing a strategic port that will open up access to Central Asia…
Cargo Volumes Rise at St Petersburg
In the first half of 2015 the turnover of OJSC “Sea Port of Saint-Petersburg” (SP SPb) amounted to 4.3 mln tons, which is by 5% more than the indicator of the same period during the last year. Positive dynamics was caused by growth of handling volumes of main cargoes – general cargoes, the volumes of which increased by 12% up to 3.5 mln tons. In particular, due to growth of export of Russian metallurgical…
Strong Half Year for Antwerp Port
The port of Antwerp handled 104,529,242 tonnes of freight in the first six months of this year, up 6.4% on the same period last year. The strong performance during the half year was mainly due to the impressive growth in container freight (up 9.5% in TEU and 7.4% in tonnage) and in liquid bulk (also up 7.4%). However, the conventional breakbulk volume lagged behind the overall growth. The container…
Höegh LNG - LNG Libra sold
Höegh LNG Holdings Ltd. has sold the LNG carrier LNG Libra (built 1979) to a Chinese energy company for around USD 20 million. The Company has received 15% of the purchase price and will receive the remaining 85% by the end of the first quarter 2016, after the vessel has completed her current charter with Gas Natural. Höegh LNG's President and Chief Executive Officer, Sveinung J. S. Støhle, said in…
ASV Completes GoM Monitoring
ASV has collaborated with the Littoral Acoustic Demonstration Center Gulf Ecological Monitoring and Modeling (LADC-GEMM) consortium to conduct 10 days of Passive Acoustic Monitoring (PAM) data collection for its BP/Gulf of Mexico Research Initiative (GoMRI) funded project. ASV worked closely with Seiche Measurements Limited to integrate its PAM technology on both the C-Worker 6 and C-Enduro Autonomous Surface Vehicles (ASVs).
Fugro Lands Geotechnical Investigation
The planned 18 kilometre-long immersed tunnel will connect Denmark and Germany as part of the Scandinavian-Mediterranean corridor, one of the EU’s nine priority network corridors. Detailed knowledge of the subsurface soil properties is key for the proper design and execution of this challenging tunnel construction, for which the world’s largest construction and marine dredging companies are amongst the bidders.
Newport International Boat Show to Kick Off
Set for September 17-20th, 2015 on Newport Harbor is the Newport International Boat Show (NIBS), which flaunts its destination and sailing history to attendees making their fall travel plans. NIBS is the kick-off to the boat show season and a prime time to experience fall in New England. It’s also one of the largest in-water boat shows in the country – hosting exhibitors from around the world with an exceptional assortment of sailboats…
CVW 5 Conducts Land Strike Training With RAAF
Carrier Air Wing (CVW) 5, embarked aboard the Nimitz-class aircraft carrier USS George Washington (CVN 73), conducted high-intensity land strike training with the Royal Australian Air Force (RAAF) as part of exercise Talisman Sabre 2015 (TS15), July 16. The land strike training was one of 10 large-force strikes against simulated land adversaries throughout TS15. "The ultimate goal of conducting these exercises is to achieve and maintain interoperability between the U.S.