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Greenfield Site News

12 Jan 2024

APM Terminals to Develop Container Terminal at Plaquemines Port

© Kalyakan / Adobe Stock

Plaquemines Port Harbor and Terminal District announced it signed a letter of intent (LOI) with APM Terminals (APMT) to build a container terminal on the West Bank of Plaquemines Parish, La.Plaquemines Port will lease the land to APM under a 30-year agreement with extension options. APMT, one of the largest terminal operators in the world and is a subsidiary of shipping giant A.P. Moller-Maersk, estimates the initial investment in terminal infrastructure will be approximately $500 million…

07 Feb 2023

Tuas Port Phase 1 Reclamation Project gets Engineering Award Nod

Image courtesy Singaport MPA

For the engineering innovations behind the Tuas Port Phase 1 (TPP1) Reclamation, Wharf Construction & Dredging Project, the Maritime and Port Authority of Singapore (MPA) and project partners were awarded the 2022 World Federation of Engineering Organizations (WFEO) H.J. Sabbagh Prize for Excellence in Engineering Construction.Key design innovations included large-scale reuse of recyclable materials such as dredged seabed material and land-excavated materials, which accounted for more than half of the reclamation fill for TPP1.

07 Nov 2022

GEA Breaks Ground on New U.S. Facility

GEA marked the official start of construction of its new repair, logistics, assembly, production and training facility in Janesville, Wisconsin. Image courtesy GEA

GEA marked the official start of construction of its new repair, logistics, assembly, production and training facility in Janesville, Wis. The groundbreaking ceremony of GEA’s first greenfield site in North America in 50 years was attended by company representatives and officials from the State of Wisconsin and City of Janesville.GEA will invest more than $20 million in the new site in response to growing demand for separators, decanters, valves, pumps and homogenizers which are at the heart of many industrial production processes.The 85…

08 Dec 2017

Putin Okays Loading Start at Yamal LNG

President Vladimir Putin on Friday launched the first loading of liquefied natural gas at the Novatek-led Yamal LNG project in the Arctic, which will further expand Russia's global energy reach. The Yamal project, which required investments of $27 billion, will allow Russia to fulfil a plan to double its share of the global LNG market by 2020 from around 4 percent now. The LNG was loaded onto the ice class tanker "Christophe de Margerie", named after the former head of France's energy major Total, who died in a plane crash in Moscow in 2014. Total holds a 20 percent stake in Yamal LNG. "The loadings will be carried out all year round... "Russia can and should get a decent stake in the market," he told the attendees, who included Saudi Arabia's Energy Minister Khalid al-Falih.

24 Aug 2014

LR Focus on 5 Issues Worrying Oil Executives in North Sea

On the 50th anniversary of the issuing of the first licenses for the extraction of oil and gas from the UK continental shelf (UKCS), Lloyd’s Register asked oil executives what their main concerns were in an increasingly challenging period in the sector’s turbulent history. The consensus was that the industry needs to learn to collaborate if it is to survive these challenges. Production from assets fell by 38 per cent between 2010 and 2013, equating to a drop of around 500 million barrels of oil equivalent (boe) and a drop in tax receipts of approximately £6 billion. In exploration, just 15 wells were drilled on the UKCS last year, compared to 44 in 2008, while operating expenditure rose to a record level of £8.9 billion, and is expected to increase further to about £9.6 billion this year.

09 Jul 2012

Cape Breton Launches Container Terminal Bid

The Cape Breton Regional Municipality (CBRM), located in Sydney, Nova Scotia, Canada, today launched a marketing campaign to promote the strategic advantages of developing a container shipping port terminal in Sydney harbor. The announcement comes after CBRM recently agreed to purchase approximately 500 acres of greenfield waterfront land for the purpose of building a container terminal that will create jobs and lasting economic benefit for the community of Cape Breton. The regional municipality, second largest in Nova Scotia, will explore the potential of entering a long-term concession agreement with an interested terminal operator.