Chemicals News

13 Feb 2019

MOL, Den Hartogh Form Chemical Logistics Alliance

Pic: MOL Chemical Tankers

Singapore-based MOL Chemical Tankers (MOLCT) and Dutch Den Hartogh Logistics have established a strategic alliance to jointly develop and streamline liquid chemical logistics services utilizing tank containers, parcel chemical tankers and tank terminals.MOL Chemical Tankers is one of the global leaders in ocean transport, specializing in chemical parcel tankers for bulk liquid chemicals and vegetable oil and animal fats.As strategic partners MOLCT and Den Hartogh Logistics offer their customers in the petrochemical industry truly global supply chain solutions…

12 Feb 2019

Eni, SABIC Form Gas Venture

Image: Eni

Italian multinational oil and gas company Eni and Saudi Arabian chemical giant SABIC have signed a Joint Development Agreement to further develop an innovative technology for natural gas conversion into synthesis gas that can be further transformed into high value fuels and chemicals, such as methanol.The partnership is set to involve the construction of an Industrial Demonstration Plant that will be built and operated inside an Eni industrial premise.The development project will advance the technology…

23 Jan 2019

BIOFUELS: Clariant, ExxonMobil, REG Partners on Research

Photo: Clariant

Clariant  signed a joint research agreement with ExxonMobil and Renewable Energy Group (REG) to evaluate the potential use of cellulosic sugars from sources such as agricultural waste and residues to produce biofuel, which has the potential to play a role in reducing greenhouse gas emissions.The new partnership expands a previously announced agreement[1] for joint research between ExxonMobil and REG, in which the companies successfully validated the ability of REG Life Sciences…

18 Jan 2019

Ineos to Invest $3.4 bln in Antwerp Port

Image:  INEOS

Europe’s largest petrochemicals company Ineos has chosen the Port of Antwerp as the location for a mega-investment of three billion euros ($3.4 billion).The British chemical company's investment will be the biggest in the European chemical industry in two decades.Belgium port will be the location for iIneos' project for an ethane gas cracker and world-scale PDH unit in Europe. The two new factories will employ a total of 500 people.Sir Jim Ratcliffe, CEO and Chairman of Ineos…

14 Jan 2019

MSC Starts Clean up in Dutch Waters after Container Spill

(Photo: Coast Guard Netherlands)

MSC has started cleaning up Dutch sea waters, 10 days after it lost nearly 300 containers from one of its largest cargo vessels in a storm."The clean up will likely take months," Dutch water authorities spokesman Edwin de Feijter said. "The largest part of the debris has been located, but there are still parts missing."291 containers, some holding hazardous chemicals, fell off one of the world's largest container ships, the MSC Zoe, on Jan. 2 in German waters near the island of Borkum during a North Sea storm.Two salvage ships left the harbor at IJmuiden…

14 Jan 2019

Bahri CEO Appointed to Board of ITOPF

Abdullah Aldubaikhi represents the Middle East and North Africa region in the Board of the non-for-profit organization committed to promoting effective spill response globally. Photo:  Bahri

Saudi Arabian shipping company Bahri said that its CEO Abdullah Aldubaikhi has been appointed to the board of directors of ITOPF, the world’s largest ship owner organization providing objective advice on effective response to spills of oil, chemicals and other substances in the marine environment.With the organization’s Board including 23 CEOs of major global tanker owners and operators, ITOPF’s efforts are aimed at improving the preparedness and response to spills of cargo and/or fuel from ships around the world.Effective November 8…

11 Jan 2019

Concor Begins Maiden Coastal Voyage

Piyush Goyal, Union Minister for Railways and Nitin Gadkari, Union Minister for Shipping. Photo: PIB, Govt of India.

India has huge potential for enhancing modal share of coastal shipping and inland water navigation. The current share is only 7% unlike countries like China with 24%  and Germany 11%. India looks to tap this segment in a big way.The maiden coastal voyage of a vessel of Container Corporation of India (Concor) was flagged off by Nitin Gadkari, Union Minister for Shipping and  Piyush Goyal, Union Minister for Railways.CONCOR is a public sector unit (PSU) under Ministry of railways. The vessel SSL Mumbai is sailing from Kandla Port to Tuticorin via Mangalore and Cochin.

10 Jan 2019

UPM to Invest in Montevideo Port Terminal

Pic: Port of Montevideo

Finish forest company UPM is taking part in the international public tendering process in the port of Montevideo organized by the National Ports Administration (ANP) of Uruguay.The scope of the concession tender is the building and operation of a port terminal specialized in the storage and shipping of pulp, chemicals and other inputs related to pulp production with a capacity to handle approximately 2 million tonnes of pulp annually. The tender includes the design, financing, engineering, construction, operation and maintenance of the pulp terminal.

10 Jan 2019

Record Transshipment at Port of Amsterdam in 2018

Pic: Port of Amsterdam

Port of Amsterdam achieved a new transhipment record in 2018 with transhipment totalling 82.3 million tonnes, compared to 81.3 million tonnes in the previous year.Together with the other ports in the North Sea Canal Area, total transhipment consequently amounted to 101.8 million tonnes in 2018, said a press release from the 4th busiest port in Europe by metric tonnes of cargo.This is revealed in the provisional transhipment figures announced today. Transhipment in IJmuiden rose by 1% to 18.6 million tonnes. Beverwijk saw transhipment decline by 9% to 0.7 million tonnes.

09 Jan 2019

Rough Weather Hampers Clean-up of North Sea Container Spill

© oporkka / Adobe Stock

Clean-up efforts after a container ship spill off the Dutch coast are being hampered by rough weather although progress is being made, the Swiss based vessel's owner MSC said on Wednesday.In one of the worst incidents off the coast of the Netherlands, more than 250 containers - some holding hazardous chemicals - fell off the MSC Zoe, one of the world's largest container ships, during a North Sea storm on Jan. 2."This week, a storm is impacting the area being cleaned and unfortunately this will interrupt some operations," MSC said on Wednesday.

09 Jan 2019

InvaSave to be used for Atlantic Blue Port Services Project

Photo: Damen

On Thursday, December 27, an InvaSave 300 Mobile Ballast Water Treatment System was transported from Damen Green Solution’s premises in Gorinchem, the Netherlands, to Las Palmas de Gran Canaria to be used for a demonstration program as part of the “Atlantic Blue Port Services” project, made possible by the INTERREG Atlantic Area Program, funded by the European Regional Development Fund (ERDF).Upon arriving in the port of Las Palmas, the unit will be connected to a vessel’s ballast…

07 Jan 2019

APM Terminals Inland Services Gets Clearance in India

Pic: APM Terminals Inland Services

APM Terminals Inland Services' integrated Inland Container Depot (ICD) and supply chain solutions facility at Chakan, Pune has achieved a significant first after being awarded an environmental clearance certificate by the Indian government.The certification authorises the facility to store, handle, transport, and deliver hazardous chemicals in any form – a critical requirement for all industries dealing with chemicals in domestic and international trade and a key safeguard for…

04 Jan 2019

Dutch Authorities Demand Clean-Up Costs From MSC Line

(Photo: Coast Guard Netherlands)

Dutch authorities will hold Swiss shipping line MSC liable for the cost of cleaning up debris from more than 270 cargo containers that fell off one of its vessels and washed up on shore, officials said on Friday.The Dutch coastguard said a criminal investigation had been launched by prosecutors into the incident, one of the largest of its kind off the coast of the Netherlands.The containers, some holding hazardous chemicals, fell off one of the world's largest container ships…

03 Jan 2019

Chemicals Found on Dutch Beach after Container Spill

(Photo: Coast Guard Netherlands)

A load of dangerous chemicals that fell off one of the world's largest container ships into the North Sea washed up on a Dutch beach on Thursday, and more debris was expected to land overnight, officials said.The Dutch Defence Ministry said the loss of 270 containers from the freighter MSC Zoe on Wednesday, some of them thought to contain hazardous chemicals, was one of the biggest incidents of its kind, they said.It was unclear how many of the containers sank to the sea bottom…

17 Dec 2018

NYK Introduces Its Green Bond Initiatives

Pic: NYK Line

Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK), the first company in the global shipping industry to issue labelled green bonds, presented its initiatives at a seminar conducted by Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. in Tokyo.A green bond is one in which the proceeds are used solely for the purpose of funding environment-friendly projects.The importance of environmental, social, and governance (ESG) initiatives is getting a lot of attention in capital markets…

14 Dec 2018

Navios Acquisition Completes Navios Midstream Merger

Pic: Navios

Greece-based Navios Maritime Acquisition Corporation announced that it completed the acquisition of Navios Maritime Midstream Partners. "Following the close of the market on December 13, Navios Midstream common units no longer are publicly traded on the New York Stock Exchange," said a press release from the owner and operator of tanker vessels focusing on the transportation of petroleum products (clean and dirty) and bulk liquid chemicals.Angeliki Frangou, Chairman and Chief Executive Officer…

04 Dec 2018

Ardmore Shipping Refinances Three Vessels

Image: Ardmore Shipping Corporation

Bermuda-based product and chemical tankers owner Ardmore Shipping Corporation announced that it has signed binding agreements for the refinancing of three vessels.The provider of seaborne transportation of petroleum products and chemicals worldwide to oil majors has signed agreements for the sale and leaseback, under a finance lease arrangement, of the Ardmore Exporter and Ardmore Seavanguard, two 2014-built 50,000 Dwt Eco-design MR tankers, with a high-quality financier in China.The lease agreements are for a period of seven years…

19 Nov 2018

Oman Shipping: Strong Domestic Performance

Debasish Mohapatra (Photo: OSC)

Oman Shipping Company (OSC) is reporting strong performance in domestic markets following long-term deals with local refineries and traders including ORPIC and OTI.OSC’s growth in the region is being driven by a 20-year contract to transport condensate for ORPIC (Oman Oil Refineries and Petroleum Industries Company) and a 15-year deal transporting methanol for OTI (Oman Trading International) from Salalah Methanol plant.The company is further supporting the export of LPG from Sohar Refinery to Yemen, Sudan, India, Bangladesh and Sri Lanka.

15 Nov 2018

Bechtel, Cheniere Fires Up Corpus Christi LNG Production

Corpus Christi LNG. Image: Cheniere Energy

The the largest construction company in the United States Bechtel has joined its customer Cheniere Energy to announce production of the first liquefied natural gas (LNG) from the Corpus Christi Liquefaction project in Texas.The leader in project management, engineering, procurement, and construction said in a press release that this production train at the Corpus Christi project is the latest of six trains that Bechtel has delivered with Cheniere at two sites on the U.S. Gulf Coast.The Sabine Pass Liquefaction project in Louisiana produced the first LNG from that site’s fifth train last week…

15 Nov 2018

ADNOC LNG Wins Extension of Gas Supply Contract to 2040

Image: ADNOC

The Abu Dhabi National Oil Company (ADNOC), has agreed, in principle, to extend to 2040 its gas supply agreement with ADNOC LNG, in coordination with ADNOC LNG’s joint venture partners, Mitsui, BP and Total.The the state-owned oil company of the United Arab Emirates said that the new gas supply agreement is scheduled to take effect from April 1, 2019, replacing an existing agreement, due to expire on March 31, 2019.The extension announcement follows the Abu Dhabi’s Supreme Petroleum…

13 Nov 2018

HullWiper Expands into Gibraltar with SCAMP

Arrival of the SCAMP Workboat Palencia II at the Gibraltar Berth after attending to a full cleaning of a 285m commercial vessel. Photo: HullWiper

HullWiper, the hull cleaning solution provider, in partnership with global provider of ship fuel conservation and underwater services SCAMP, is offering an affordable, safe and eco-friendly hull cleaning solution for vessels transiting the Strait of Gibraltar.The agreement marks the latest expansion under HullWiper’s global leasing program, introduced in 2017, to work with partners worldwide to offer ship owners and operators a cost-efficient, brush- and diver-free alternative…

07 Nov 2018

Preventing Maritime Vessel Explosions – The Role of the Marine Chemist

Image: Used with permission, National Fire Protection Association

With advances in technology, increased regulatory requirements for training, and an industry that has been committed to improving working conditions, especially those associated with confined space entry and fire prevention, why are we still seeing maritime related fires and explosions that often include serious injury or loss of life? HistoryFollowing the First World War, as cargo vessels, particularly tank ships, were being converted to carry larger cargos, the incident rate of fires and explosions during shipbuilding, repair, and conversion began to rise.

07 Nov 2018

Bahri Targets Acquisitions in Asia, Middle East

Abdullah Aldubaikhi (Photo: Bahri)

Saudi Arabia's Bahri is targeting acquisitions in Asia and the Middle East as the exclusive oil shipper for state energy giant Saudi Aramco seeks to expand its reach, the chief executive said on Wednesday.Bahri is the world's largest owner and operator of very large crude carriers (VLCCs). Saudi sovereign wealth fund the Public Investment Fund (PIF) owns 22 percent of the company and Aramco has a 20 percent stake."We are looking at multiple acquisitions in the Middle East and Asia worth tens of millions of dollars…

Maritime Reporter Magazine Cover Feb 2019 - Ferry Builders

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