Fast-growing energy demand is driving the need for technical support and guidance in new locations, writes Terrance Roberts, Manager, Global Business Development, ABS.Surging appetite for natural gas is accelerating the development of global and regional supply chains, with established producers seeking new markets and emerging suppliers looking to meet demand from local consumers.
Investment holding company Ocean Wilsons has agreed to sell its 56.47% stake in Brazilian unit Wilson Sons to shipping services provider SAS for 4.35 billion reais ($764.9 million), it said on Monday.London-listed Ocean Wilsons, which is the controlling shareholder of shipping firm Wilson Sons, said in a statement it was a "compelling time" for the sale
Crowley, the longest-serving U.S. logistics provider in Puerto Rico, is enhancing the resiliency of its Isla Grande logistics terminal in San Juan with the installation of a microgrid fueled by liquefied natural gas (LNG).The innovative energy system will provide a reliable power supply tailored to support the terminal’s daily operations, such as powering its terminal equipment
Crowley has raised the U.S. flag on American Energy, marking the start of operations of the first domestic liquified natural gas (LNG) carrier to transport U.S.-sourced natural gas to Puerto Rico.Crowley and Naturgy have entered into a multi-year agreement that provides for the regular delivery of the U.S. mainland-sourced LNG to Naturgy’s operating facility in Penuelas, Puerto Rico.
A huge fire that erupted early on Tuesday at an oil tank in Venezuela's La Salina terminal operated by state company PDVSA was extinguished on Wednesday, authorities said.The fire broke out during a storm at the facility used by the state oil company near Venezuela's western city of Cabimas to store and ship crude between domestic ports.
“Year-to-date, Guyana’s oil exports have jumped to 598 thousand barrels per day (kbpd), a 58% year-on-year increase, adding to the growth achieved in previous years. Over the past three years, the average annual growth rate has hit 76%,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.ExxonMobil first started producing from the Liza field in the Starbroek Block in late 2019.
DeepOcean won a contract extension with Diavaz for the vessel, Arbol Grande. The vessel will work on Inspection Maintenance and Repair (IMR) services in Mexico for the next five years.Arbol Grande is a construction and subsea vessel, delivered in 2003 with specifications tailor made for the Mexican market.
Offshore wind developer Corio Generation, a Macquarie Group company, and Brazilian shipyard and marine construction company Estaleiros do Brasil (EBR) have signed a memorandum of understanding (MoU) to explore how EBR’s facilities could support future offshore wind projects off Brazil’s south coast.
The US National Transportation Safety Board (NTSB) has recommended that land-based firefighters be better prepared for marine vessel firefighting following a fatal fire on the roll-on/roll-off container vessel Grande Costa D’Avorio in Newark, New Jersey.The Grande Costa D’Avorio was docked at Port Newark on July 5, 2023
The Philippines is exploring the possibility of converting two islands that were once part of a U.S. navy base into a military reservation, its defence department said on Thursday, a move to bolster its presence in waters facing the South China Sea.Grande and Chiquita islands are located in Subic Bay, which was once a sprawling U.S. base until the Philippines rejected a lease extension in 1991.
Svitzer has begun operations in the Port of Itaqui in São Luís, Maranhão, marking another significant milestone in its expansion across Brazil. Over the past nine years, Svitzer has invested more than R$650 million in the country, reflecting its commitment to the Brazilian market and its strategy of delivering safe and reliable marine services to its customers.
An oil spill, which appeared to originate from Venezuela's El Palito refinery several days ago, has contaminated a bay off the country's north-central coast in the Caribbean Sea, five sources told Reuters on Saturday.Biologist Eduardo Klein posted satellite images on X that he said showed an oil slick of about 225 square kilometers (87 square miles) in the Golfe Triste and completely covering