Repairs to reinforce the sills of the Panama Canal's new locks, which were found to be deficient earlier this year, will be completed by January 2016, the Canal Authority of Panama (ACP) said Tuesday. During routine operational testing of ...
Tags: ACPH, Locks, LNG-tanker traffic
Despite expectations of a seasonal pickup in the Medium Range tanker market in the Americas in the fourth quarter -- particularly from November onward -- charterers were able to pressure freight rates lower Wednesday, with Medium Range ...
Tags: Freight Rate, USGC-Europe, LR1 tanker
CHARLESTON, S.C. — East Coast ports are looking to attract shipments from Asia in light of the soon-to-be-expanded Panama Canal and congestion on the West Coast earlier this year, and the Port of Charleston has cleared a hurdle in ...
Tags: furniture, furniture transport
A proposed free trade agreement between Canada and South Korea would remove the current 3% to 8% tariff that Canadian oil and gas producers have to pay for exports into that Asian nation, a Canadian government spokeswoman said Monday. ...
Tags: LNG Exports, Oil Exports
Enterprise Products Partners offered more details on its Texas Gulf Coast ethane export terminal during a first-quarter earnings call Thursday. Enterprise, which has hinted at an ethane terminal project for over six months, announced ...
Tags: Chemicals
The new Conti EcoPlus HS3 steer tire completes the company's line of third generation fuel efficient truck tires in North America The 2014 Mid-America Trucking Show (MATS) is over. But there is still plenty to look forward to, says Paul ...
Tags: truck tire, tire, tyre, Auto Parts
Gas buyers in Asia are facing the same problems of high prices and a monopolistic market that their counterparts in Europe faced a decade or so ago, but there is no equivalent regulatory body that can force suppliers to change their ...
Tags: Gas Markets, Europe's Dilemma
MHI receives order for very large LPG carrier from Astomos Energy, identical to ship type ordered late last year Wednesday, Mar 26, 2014 Mitsubishi Heavy Industries, Ltd. (MHI) has received an order from Astomos Energy Corporation for a ...
Tags: LPG Carrier, MHI, Ship Type
The Nicaraguan government has granted a concession to a mysterious Chinese company owned by Jing Wang, a little-known Hong-Kong based businessman, to build an inter-oceanic canal. This would provide an alternative to the Panama Canal that, ...
Tags: Consumer Electronics, Construction
Holland America Line named 'Best Overall Cruise Value' by World Ocean & Cruise Liner Society for 21st year Wednesday, Feb 05, 2014 SEATTLE, Feb. 3, 2014 /CNW/ - World Ocean & Cruise Liner Society (WOCLS) members named Holland America Line ...
Tags: Liner, Holland America Line
Mar. corn closed at $4.25, down 1 and 3/4 cents Jan. soybeans closed at $13.24, down 22 and 1/2 cents Jan. soybean meal closed at $441.20, down $6.80 Jan. soybean oil closed at 39.06, down 25 points Mar. wheat closed at $6.12 and ...
Tags: Corn, Soybean Prices
Mitsubishi Heavy Industries, Ltd. (MHI) has received an order from Astomos Energy Corporation for a very large liquefied petroleum gas (LPG) carrier. The LPG carrier on order features its world-class energy efficiency and outstanding ...
Tags: Oil and Gas News, MHI, Astomos Energy
The Los Angeles jet fuel differential tumbled 2.50 cents in the last week, including 75 points Monday, as the arrival of a larger-than-normal vessel weighed on the market. Platts assessed Los Angeles at NYMEX December minus 6.25 cents/gal ...
Tags: Jet Fuel, Metallurgy
Increased liquefied natural gas (LNG) exports could have some impact on the US natural gas price, but it may not be as high as the chemical industry fears, the chief economist for the American Petroleum Institute said in Houston Wednesday. ...
Tags: Natural Gas, LNG Exports
A panel of intermodal experts attending the 2013 Surface Transportation Summit, held Oct. 16 by Transportation Media with Dan Goodwill & Associates, shed light on where this mode of transport is headed going into 2014. The panel, ...
Tags: Transportation, Auto Parts