Archives :: Services :: Shipping
Displaying 1 - 10 of 376 stories.
April 27, 2016During the week ended 23 April, chemical railcar traffic in North America totaled 43,123 carloads, down 2.5% year-over-year (YOY) and down 3.0% from the previous week, according to data released on 27 April by the Association of American Railroads (AAR). However, chemical traffic continues to outperform, with volume for the year to-date increasing 0.7%, versus a 12.9% decline in all railcar traffic....
April 20, 2016During the week ended 16 April, chemical railcar traffic in North America decreased 1.4% year-over-year (YOY) on lower volumes in Canada and Mexico, according to data released on 20 April by the Association of American Railroads (AAR). North American chemical railcar traffic during the week totaled 44,445 carloads, up 1.8% from the previous week. For the year to date, chemical railcar traffic in North America is up 0.9%, versus a 12.6% decrease in all railcar traffic, according to the AAR....
April 20, 2016Milaha (Doha) has signed a one-year feeder agreement with Qatar Chemical (Doha), and Petrochemical Marketing & Distribution Company (Muntajat; Doha), to transport up to 150,000...
April 8, 2016Stolt-Nielsen reports net profit attributable to shareholders of $30.4 million for its fiscal first quarter, ended 29 February, down from $38.7 million in the corresponding quarter of...
March 17, 2016Ineos is entertaining the possibility of exporting ethylene from the United States. “There’s uncertainty in the wave of ethylene coming on,” says Dennis Seith, CEO and president/olefins and polymers, United States at Ineos. “Perhaps it will be long. We think it could be. Does that mean we have an ethylene tank opportunity in the US?”...
March 14, 2016Waterborne exports of ethane feedstock from the United States are gathering momentum. Sunoco Logistics’ Marcus Hook, PA, terminal launched the first shipment last week—27,500 cubic meters of liquefied ethane from the northeastern United States—carried by the JS Ineos Intrepid and bound for Ineos's Rafnes, Norway, site. Enterprise Products will bring online its Morgan’s Point terminal in the Houston Ship Channel by the end of this year....
February 23, 2016Bulk chemical traffic in the Port of Antwerp increased to 13.5 million m.t. in 2015 from 11.4 million m.t. in 2014, according to the port's recently released statistical yearbook. The...
February 12, 2016Chemical logistics firm Bertschi (Dürrenäsch, Switzerland) officially opened a facility at Jurong Island, Singapore, on 29 January. The facility, the Bertschi Jurong Island Chemical Cluster (JICC), is the group’s first in Southeast Asia....
February 12, 2016Deep-sea chemical tanker market leaders Stolt-Nielsen and Odfjell posted a mixed set of results for the fourth quarter of 2015. Stolt's earnings improved due to lower bunker fuel costs...
February 1, 2016Strong demand and shipping inquiries from Asia have put a strain on cargo space for US petrochemical exports, pushing up freight rates out of the US. The primary driver has been expanding US methanol production capacity, but strong Asian interest in US para-xylene (p-xylene), styrene, ethanol and ethylene dichloride has also contributed to the pinch. Compounding the problem, two major shippers were unable to move any material during January, according to ship brokers Netco....