At least three proposed U.S. liquefied natural gas (LNG) export plants have likely found enough customers to receive financial approvals this year, according to Reuters calculations, developments that would make the country the world's largest LNG exporter for years to come.After a dearth of plant approvals last decade
A new electrically powered, autonomously operated ferry service is slated to launch in the Stockholm city center this spring.Norwegian shipping company Torghatten plans to have services in place this spring in Riddarfjärden, between two inner-city quays. The ferry that will operate on the crossing is an autonomously operated electric vessel that runs on batteries.
The first liquefied natural gas (LNG) vessel arrived on Friday at Freeport LNG's long-idled export plant in Texas since the facility shut in a fire in June last year, according to ship tracking data from Refinitiv.The vessel Kmarin Diamond is operated by a unit of oil major BP, one of Freeport's big customers, according to several vessel tracking services.
A significant element of the U.K. government’s levelling up plan to create thousands of jobs, regenerate more deprived areas and attract overseas investors is the introduction of freeports. These special low-tax trading zones allow all kinds of businesses to trade.Under the U.K. model, freeports can encompass two different kinds of sites.
Philly Shipyard held a steel cutting ceremony for the fourth in a series of new training ships it is building for the United States' state maritime academies.Scheduled for delivery to the Texas A&M Maritime Academy in Galveston, Texas in 2025, the new National Security Multi-Mission Vessel (NSMV) is being built under a program for the U.S.
The state of Texas is putting into service a fleet of new, highly capable patrol boats as it works to detect, disrupt and deter criminal activity along the Rio Grande."Now, more than ever, it is imperative that our law enforcement officers and Texas National Guard soldiers adopt innovative solutions
The Port of Corpus Christi reports it set another tonnage record in the third quarter of 2022, driven in large part by record exports of crude oil.The new quarterly tonnage record of 48.3 million tons surpassed the previous tonnage record set in the second quarter of 2022 of 46.4 million tons, a 4% increase on overall tonnage.
A newly announced zero-emissions electric ferry scheduled for launch in 2024 will be the first to service New York City as the marine industry continues to make strides to decarbonize its operations.The high-speed passenger vessel is the result of a partnership between local operator New York Cruise Lines and Stockholm-based Green City Ferries AB (GCF).
A ship carrying a cargo of diesel fuel initially barred from hurricane-hit Puerto Rico anchored at the island's Guayanilla port on Friday to unload under a Biden administration waiver, the Refinitiv Eikon vessel tracking service showed.The Marshall Islands-flagged tanker GH Parks, which loaded in Texas this month, was stopped from discharging four days ago by the Jones Act
The president of a U.S. maritime trade group has slammed a decision by the Biden administration to approve a temporary Jones Act waiver for vessels shipping oil and other essential commodities to Puerto Rico in the wake of hurricane Fiona.“Granting of this waiver rewards calculated and predatory behavior that undermines a dedicated American supply chain for Puerto Rico
U.S. crude shippers are exporting huge amounts of oil to meet strong demand from Europe following Russia's invasion of Ukraine and subsequent sanctions against Moscow. In coming years U.S. oil may find even more buyers overseas, but that could test the capabilities of U.S. export infrastructure.How much crude does the United States typically export?U.S. crude exports averaged 3.
A $1 billion project to expand the Houston Ship Channel kicked off with an official ceremony last week, leading the way for greater safely, efficiency and economic growth in one of America’s busiest waterways.Known locally as Project 11 because it is the eleventh major construction project of the waterway in its more than 100-year history