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Monthly Archives: August 2019

LNG Spot Shipping Rates Increase, Says Awilco

In spite of low gas prices due to ample LNG supply growth and muted demand so far in 2019 spot shipping rates have gradually increased over the last few months and are currently about USD 70,000 per day on average, said Awilco LNG Group.According to No...
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GCC Bunkers in Marine Fuel Processing Pact

Houston-based low sulfur specialists, GCC Bunkers (GCC) has reached a processing agreement with Texas International Terminals to produce IMO 2020 compliant 0.5% sulfur bunker fuel oil.The physical supplier of marine fuels said that the parties…
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Amsterdam Port Transhipment Up 12%

Transhipment in the North Sea Canal Area of the seaports of Amsterdam, IJmuiden, Beverwijk and Zaanstad rose in the first half of 2019 to 54.1 million tonnes, an increase of 7%.According to the Netherlands seaport, this was the result of an…
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CN Acquires NY – Quebec Rail Line CSX

Canadian National Railway (CN) announced that it acquired a rail line running between Valleyfield, Quebec, and Woodard, New York, from CSX Corp. (CSX).The Massena rail line represents more than 220 miles of track. The rail line also serves many cities ...
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Yang Ming Launches Japan-Thailand Service

Taiwanese ocean shipping company Yang Ming Marine Transport Corporation enhances its Intra-Asia service network by launching a new Japan–Thailand service (JT1) effective from September 11th, 2019.The JT1 service will call at Shimizu, Tokyo, Yokohama, P...
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Caribbean Builds Oil Spill Response Capability

Developing and maintaining sound capability to respond effectively to marine pollution incidents involving oil, hazardous and noxious substances is a priority in the Caribbean, which is home to many vulnerable ecosystems.In response, the Curacao-based ...
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Singapore Improves Maritime Safety

The number of major incidents in the Port of Singapore has dropped over the last 10 years, with fewer than 0.12 major incidents per 100,000 vessel movements in 2018, down from 0.8 in 2009.Dr Lam Pin Min, Senior Minister of State for Transport and Healt...
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FMC Steps Up Oversight in the Commonwealth

Commission Expresses Concerns about Puerto Rico Terminal Facilities Agreement.An agreement filed at the Federal Maritime Commission allowing a joint venture between two adjacent terminals at the Port of San Juan, Puerto Rico, will go into effect on Aug...
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