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Shell to Shut Down Philippine Refinery and Turn It into Import Terminal

Illustration only: Credit: MAGNIFIER/AdobeStock

The Philippine unit of Royal Dutch Shell said on Tuesday it will permanently shut one of the country's two oil refineries, blaming a pandemic-led slump in margins, with other regional closures likely to follow, according to analysts.Pilipinas Shell Petroleum Corp said its 110,000-barrel-per-day Tabangao facility in Batangas province,

MAN Cryo Develops Liquefied Methane Terminal in Swedish Port

MAN Energy Solutions has been comissioned to develope and construct a liquefied methane terminal in the port of Oxelösund, Sweden  (Photo: MAN Energy Solutions)

OxGas, a company fully owned by the Port of Oxelösund in Sweden has commissioned MAN Energy Solutions to act as “owners engineer” in the development and construction of a multi-functional terminal for liquefied methane based fuels in the port of Oxelösund. The terminal will

Bulgargaz to Book Capacity at Greek LNG Terminal

© evening_tao / Adobe Stock

Bulgaria's state-owned gas company Bulgargaz will reserve 500 million cubic gas annually for 10 years at the liquefied natural gas (LNG) terminal now being built in northern Greece, the government said on Tuesday.Greek natural gas company Gastrade, which handles the project near the city of Alexandoupolis,

MCT Completes 1st Year of Operations

Image: APM Terminals

The container port in the Limón province of Costa Rica, Terminal de Contenedores de Moín or Moín Container Terminal (MCT), operated by APM Terminals, completed its first year of operations on February 28.A press release from the international container terminal operating company

Citgo: Oil Tanker Caught in Dispute Enters International Waters

© Iza Jaglinska / MarineTraffic.com

U.S. refiner Citgo said the Gerd Knutsen oil tanker, which had been carrying crude claimed by both the company and Venezuelan parent PDVSA, departed Venezuela's Jose Terminal on Thursday and entered international waters on Friday morning.The tanker over the past week discharged its 1 million barrel cargo,

Enestas Plans First Dual LNG Terminal in Mexico

Image: Enestas

Mexican liquefied natural gas (LNG) company Enestas is planning to build the first first dual LNG and liquid ethane port terminal in Mexico.The new facility is located on the Gulf Coast and unloads directly from vessels up to 22,000 m3 in size. The facility features an automated storage and unloading system.

DP World Buys North American Terminal

Image: DP World

Dubai-based port operator DP World announced it has completed the acquisition of Fraser Surrey Docks in Canada from Macquarie Infrastructure Partners (MIP) alongside its partner Caisse de dépôt et placement du Québec (CDPQ).The enabler of global trade said in a press release that

WACT to commence Phase 2 Upgrade

Image: APM Terminals

The West Africa Container Terminal (WACT) is quickly earning a reputation as the gateway to Eastern Nigeria and a strong alternative to ports in Lagos.Investment in the Phase 2 upgrade, due to commence within the next 18 months, will help meet volumes, which have grown consistently over the past three years.

Elengy Acquires Fosmax LNG

Image: Elengy

Elengy, a subsidiary of French energy group Engie, has acquired French energy group Total's 27.5% stake in Fosmax LNG, owner of the liquefied natural gas (LNG) terminal at Fos Cavaou in southern France.Elengy now owns 100% of its three LNG terminals: Fos Cavaou, Fos Tonkin and Montoir-de-Bretagne.

Vado Gateway Welcomes First Ship

Image: APM Terminals

APM Terminals said that its new deep-sea container terminal, Vado Gateway terminal, located in Vado Ligure, Italy, received its first commercial service on 11 February 2020.The ship, M/V Maersk Kota, was the first of seven ships from Maersk’s weekly ME2 service, connecting the Mediterranean with the Middle East and India.

APM Terminals Poti in Expansion Mode

Image: APM Terminals

International container terminal operating company APM Terminals said that its Poti Seaport Terminal in Georgia has re-initiated the process of obtaining the necessary permits with a firm intention to build the new deep-water multipurpose port in Poti.APM Terminals submitted application to the Technical

DP World Acquires Ukraine's TIS Terminal

Sultan Ahmed Bin Sulayem. Photo: DP World

Marine cargo handling company DP World has agreed to acquire a majority 51% stake in TIS Container Terminal in the Port of Yuzhny, Ukraine, subject to the satisfaction of certain conditions, including regulatory approval."Bringing the TIS Container Terminal into DP World's global network of ports,

Mammoet Completes Mexican Terminal Expansion

Image: Mammoet

Mammoet, a Dutch company specialized in engineered heavy lifting and transport of over-sized and heavy objects, said that its  team has successfully completed the second phase of the relocation of several shipping container cranes for Hutchison Ports ICAVE as part of a planned port expansion in Veracruz, Mexico.

DEME JV Wins Kiel Canal Contract

Image: DEME

Belgian dredging group DEME has been awarded a contract as part of a joint venture for the widening of the Kiel Canal in Germany.Two DEME subsidiaries are to carry out marine dredging works for the €99m (£84m) widening of a 4km stretch of the Kiel Canal.  Works started in January 2020 and will run until the end of 2023.

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