Excerpts from gCaptain:
February is the third-consecutive record-breaking month for the Panama Canal. In December 2016 and January 2017, the waterway set monthly tonnage records after transiting 35.4 million PC/UMS and 36.1 million PC/UMS, respectively.
Approximately 850 Neopanamax vessels have transited the new locks in the first eight months since their inauguration in June 2016, […]
Last week, in a hearing of the House Coast Guard and Maritime Transportation Subcommittee, congressional representatives called for increased funding for the U.S. Coast Guard’s acquisition needs and questioned administrators on the status of America’s merchant fleet.
All present spoke in defense of the Jones Act, America’s cabotage law. Admiral Zukunft emphasized the quality of […]
The US Maritime Administration (MARAD) has announced a US$ 324.6 million loan guarantee for TOTE Shipholdings and Saltchuk Resources for their Marlin Class vessels.
The two new Marlin Class vessels, the world’s first LNG powered containerships, will serve the Puerto Rico trade and will be complete in 2015 and 2016.
This financing is made available […]
From Energy Global:
Research firm Wood Mackenzie expects lengthy delays to the anticipated Panama Canal expansion to impact the coal, liquefied natural gas and petrochemical industries.
Significant disruptions will limit profitability for US LNG producers, create a tighter shipping market and affect the US Gulf Coast petrochemical industry. On the other hand, US coal producers […]
A unit of Kinder Morgan Energy Partners, L.P., Tennessee Gas Pipeline Company, L.L.C., has inked a binding 20-year firm transportation standard agreement with Japan’s Mitsubishi Corporation.
Per the agreement, Mitsubishi will transport 600,000 dekatherms per day of natural gas designated for the planned Cameron LNG liquefaction facility in Hackberry, La. The facility is scheduled to […]
The Northern Sea Route along Russia’s north coast is projected to be more passable than the Northwest Passage, located above Alaska and Canada, in the short term. But as the decades wear on, both may be feasible for more months out of the year, with a trans-polar route in international waters possibly coming into play […]
An Oregon judge has ruled in favor of the Oregon International Port of Coos Bay’s permit for the development of an access channel and multi-purpose vessel slip on the North Spit of lower Coos Bay.
Jordan Cove Energy Project has purchased property and is seeking federal approval to develop a liquefied natural gas export facility, […]
The Energy Department is reviewing 16 applications to build export terminals to ship supplies to countries that don’t have free-trade agreements with the U.S. Among the companies seeking to export gas are Sempra Energy (SRE) of San Diego and Dominion Resources Inc. (D) of Richmond, Virginia. Cheniere Energy Inc. (LNG) has won approval for a […]
Six years after the Panama Canal began a $5.25 billion expansion to capture shipments of Asian-made goods to the U.S. East Coast, the flow of liquefied natural gas in the opposite direction promises to be a better bet.
Shipments of the fuel, along with rising commodity and energy cargoes between the U.S., Latin America and […]
A further step has been taken toward the possible construction of a liquefied natural gas export terminal at Prince Rupert.
Spectra Energy has announced an agreement with BG Group, which has been talking about the project for some time with the Port of Prince Rupert and others.
The two Texas-based companies are proposing to build […]
The Port of Coos Bay wants to expand its business by exporting liquefied natural gas. It’s secured the permits to import liquified natural gas, but now wants to be an export hub for it, as well as for the traditional work at the port.
Eight years after initially proposing to build an import terminal for […]