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March 12, 2015
The US Coast Guard has announced that the Houston Ship Channel was reopened this morning, after responders completed initial salvage plans on a damaged chemical tanker carrying methyl...
http://www.chemweek.com/services/shipping/Houston-Ship-Channel-fully-reopened_68476.html
March 11, 2015
The Central Texas Coastal Area Committee (CTCAC) said today that responders had begun to execute salvage plans for the damaged chemical tanker Carla Maersk, following its collision...
http://www.chemweek.com/services/shipping/Houston-Ship-Channel-remains-closed-as-salvage-plans-begin-for-damaged-tanker_68457.html
March 11, 2015
Chemical tanker shipping faces another tough year of falling freight rates in 2015 but the industry is expected to recover next year, according to consulting firm Drewry (London)...
http://www.chemweek.com/services/shipping/Chemical-tanker-shipping-industry-faces-a-challenging-year_68458.html
March 10, 2015
The US Coast Guard says that it shut the Houston Ship Channel at Morgan's Point near La Porte, TX, on 9 March following a collision on the water between two vessels. Local news reports...
http://www.chemweek.com/services/shipping/Houston-Ship-Channel-closed-near-La-Porte-after-collision_68398.html
February 24, 2015
Astomos Energy (Tokyo) will buy up to 800,000 m.t. of shale-derived liquefied petroleum gas (LPG) from Targa Resources (Houston) spread over three years from the second half...
http://www.chemweek.com/services/shipping/Japanese-firm-to-buy-800000-m-t-of-LPG-from-Targa-over-2017-20_68032.html
February 17, 2015
Jacob Stolt-Nielsen, founder of Stolt-Nielsen Ltd. (SNL), died on 15 February, aged 83. Stolt-Nielsen retired from the board of SNL in December 2014, 55 years after he founded the...
http://www.chemweek.com/services/shipping/Stolt-Nielsen-founder-dies_67848.html
February 12, 2015
Odfjell reported a net loss of $18 million in the fourth quarter of 2014, an improvement on the $101-million net loss posted by the company in the corresponding period of 2013. Revenue...
http://www.chemweek.com/services/shipping/Odfjells-net-loss-narrows-no-benefit-yet-from-lower-fuel-costs_67768.html
February 5, 2015
Throughput of liquid chemicals in the port of Rotterdam decreased 7.4% in 2014 compared with 2013, to 30.9 million m.t., the Rotterdam port authority says. Incoming liquid chemical...
http://www.chemweek.com/services/shipping/Chemical-traffic-ebbs-at-Rotterdam-flows-at-Antwerp_67502.html
January 29, 2015
Stolt-Nielsen says its fourth-quarter 2014 net profit attributable to shareholders plunged to $13 million from $35 million in the corresponding quarter of 2013, on revenue of $532...
http://www.chemweek.com/services/shipping/Stolt-Nielsen-posts-fourth-quarter-profit-decline-lower-fuel-costs-to-boost-earnings-this-year_67320.html
January 29, 2015
Mitsui & Co. has signed two time-charter contracts for liquefied natural gas (LNG) ships slated for the Cameron LNG export project in Louisiana, the company announced today. The...
http://www.chemweek.com/services/shipping/Mitsui-secures-two-more-ships-for-US-LNG-export-project_67292.html
January 20, 2015
Highfield Resources (Pamplona, Spain) has signed a memorandum of understanding (MOU) with the Port Authority of Bilbao, Spain. The MOU confirms the availability of 25,000 sq...
http://www.chemweek.com/services/shipping/Highfield-Resources-signs-MOU-with-a-second-Spanish-port_66995.html
January 20, 2015
Highfield Resources (Pamplona, Spain) has signed a memorandum of understanding (MOU) with the port authority of Passaia/Pasajés, northern Spain, the company announced...
http://www.chemweek.com/services/shipping/Australian-firm-signs-potash-export-MOU-with-port-authority-in-Spain_66290.html
January 16, 2015
Petrobras concluded the first naphtha shipment out of the company's newly completed Abreu e Lima refinery, in Brazil, earlier this week. The naphtha delivery is for Braskem, Petrobras...
http://www.chemweek.com/services/shipping/Petrobras-ships-first-naphtha-cargo-from-new-Brazil-refinery_66931.html
January 12, 2015
Odfjell says that its board has approved a restructuring program that is expected to result in annualized improvements in the company's net profit of more than $100.0 million by 2016...
http://www.chemweek.com/services/shipping/Odfjell-to-cut-jobs-in-restructuring-plan-CEO-steps-down_66751.html
December 25, 2014
Reliance Industries announced today that it has signed shipping agreements with Mitsui OSK Lines (MOL; Tokyo), one of the world’s largest shipping companies, for transporting...
http://www.chemweek.com/services/shipping/Reliance-inks-shipping-deal-with-Mitsui-OSK-to-import-ethane-from-North-America_66466.html
December 9, 2014
Jacob Stolt-Nielsen will retire from the board of Stolt Nielsen Ltd. (SNL) on 15 December, 55 years to the day since he founded the company. He will continue as honorary chairman of...
http://www.chemweek.com/services/shipping/Stolt-Nielsen-founder-retires-from-companys-board_65990.html
November 13, 2014
Odfjell posted a net loss of $9 million for the third quarter, compared with a $9-million net profit in the corresponding period last year, on revenue of $267 million, up from $259...
http://www.chemweek.com/services/shipping/Odfjell-swings-to-a-net-loss-on-reduced-spot-trading-lower-freight-rates_65352.html
November 13, 2014
Two new liquefied natural gas (LNG) powered sea vessels were launched on Teesside today. Operated by shipowner Anthony Veder, the new ships will carry liquefied ethylene gas from...
http://www.chemweek.com/services/shipping/New-vessels-launched-to-ship-Sabics-ethylene-produced-in-the-UK_65311.html
October 29, 2014
IM Skaugen (IMS; Oslo), part of the Skaugen Group (Oslo), has agreed to sell liquefied petroleum gas (LPG)/ethylene carrier Norgas Napa to a subsidiary of Teekay (Vancouver) for $27...
http://www.chemweek.com/services/shipping/IM-Skaugen-sells-LPGethylene-carrier-to-Canadian-firm_64904.html
October 29, 2014
Stolt-Nielsen plans to relocate its tankers' staff in Norwalk, CT to Houston. The move will consolidate the company's US-based staff in Houston, which is the port most frequently...
http://www.chemweek.com/services/shipping/Stolt-Nielsen-to-relocate-tanker-staff-from-Norwalk-to-Houston_64887.html
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