Monthly Archives: September 2016

Shell loads first LNG vessel, using new LNG fuel infrastructure at Gate terminal. The new LNG fuel infrastructure included the construction of a new berth. This new berth has now started operations. The loading of Shell’s chartered LNG vessel, the Coral Methane happened on September 19th.

Bolivian President Evo Morales told the United Nations Human Rights Council on Friday that Chile had restricted access to ports on its coast in violation of free passage treaties, in the latest flare-up of tensions between the traditional rivals.

The Board of Commissioners of the Port of New Orleans has elected Mr. Michael W. Kearney chairman. Mr. Kearney represents Orleans Parish and joined the Board in December of 2012 when he was appointed by former Gov. Bobby Jindal. He succeeds Mr. William T.

The status of Hanjin Shipping and the disruptions caused by its bankruptcy to the American shipping community, as well as global supply chains, was examined closely by the Federal Maritime Commission during the closed session of the September 20, 2016 ...

Cash from top shareholder, executives should cover offload costs. South Korea's government said cash held by Hanjin Shipping Co Ltd and funds pledged by its parent group should meet the costs of unloading some $14 billion in cargo stranded on vessels o...

Owners face difficulty raising rates due to discounted ships. Freight rates for very large crude carriers (VLCCs) are likely to remain under pressure next week as charterers drip-feed cargo in the face of surplus tonnage, shipbrokers said. "The market ...

India's Shipping Ministry on Thursday proposed a new model concession agreement (MCA) to attract more private sector investments in the development of port infrastructure. The proposed MCA will replace the existing agreement which came into existence i...