Yinson Production, via its joint venture PTSC South East Asia (PTSC SEA), has secured a lease and operate contract for a new floating storage and offloading (FSO) unit for Vietnam’s offshore Block B gas development.The contract was awarded by Phu Quoc Petroleum Operating Company (PQPOC), the operator of Blocks B 48/95 and 52/97, on behalf of state-run Petrovietnam.
ADNOC Logistics & Services (ADNOC L&S) and TA’ZIZ have signed a 50-year strategic agreement to establish United Arab Emirate’s first dedicated chemicals port at the TA’ZIZ Industrial Chemicals Zone in Al Ruwais, supporting the country’s industrialization and chemicals expansion goals.
Today, the Jacksonville Port Authority (JAXPORT) welcomed the maiden voyage of Quetzal, Crowley’s newest LNG-powered containership. With capacity for up to 1,400 20-foot container equivalent units (TEUs), Quetzal provides more cargo capacity than the company’s vessels previously used in the Central American and Caribbean trade with the U.S. and is fueled by lower-emission LNG.