IHS Chemical Week
SHIPPING

ACC, CI sue to stop railroad from imposing new shipping restrictions

11:30 AM MDT | April 15, 2014 | Clay Boswell

The Chlorine Institute and ACC have asked the US District Court for the District of Minnesota to prevent Canadian Pacific Railway from imposing a restrictive new requirement on shippers of chlorine and other toxic inhalation hazard materials. The Fertilizer Institute has joined the complaint....


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Chemical shipping firm postpones IPO

Stalwart Tankers (Athens) has postponed plans to list shares in the United States owing to "market conditions," a Reuters report says. The company filed in February this year with US regulators to raise up to $100 million in an initial public...

Stolt-Nielsen's first-quarter earnings rise

Stolt-Nielsen says its net profit for the first quarter of 2014 soared to $19 million from $1 million in the corresponding period of 2013, on revenue of $517 million, down from $519 million one year earlier. First-quarter 2014 operating profit was $46...

Port of Antwerp strengthens ties with Brazil

 The port of Antwerp intends to strengthen ties with Brazil. Apec-Antwerp/Flanders Port Training Center, a subsidiary of the Antwerp port authority, has signed a declaration of intent with Grupo Bertin (São Paulo), the port says. The agreement is...

Borouge and DP World sign logistics contract

DP World (Dubai), a leading marine terminal operator and logistics provider, and Abu Dhabi Polymers Co. (Borouge), today announced the signing of a contract under which DP will support the distribution of Borouge’s products to export markets. The...

Muntajat signs contract with Milaha to transport petchems from Qatar

Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat; Doha) said today that it signed a two-year agreement with Qatar Navigation (Milaha; Doha) to transport petrochemicals from Qatar. The agreement covers the containerized exports of...

Avance Gas plans IPO, to list on Oslo Stock Exchange

Avance Gas Holding, which operates in the global market for transportation of liquefied petroleum gas (LPG), today announced that it is planning an initial public offering (IPO) of shares and listing on the Oslo Stock Exchange (OSE). Subject to receiving the...

Muntajat opens five trading offices, plans to open many more

Muntajat BV (The Hague), the international marketing arm of Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat; Doha) has opened five international marketing offices based in Amman, Melbourne, Cape Town, Kuala Lumpur, and Istanbul...

Chemicals sector rail traffic declines 4.1%

Chemicals sector rail traffic in North America fell 4.1% year-on-year (YOY) during the week ended 15 February, to 41,369 cars, according to the Association of American Railroads (AAR; Washington). US traffic was down 2.6%, to 29,183 cars. Canadian traffic...

Mitsui OSK to build two methanol carriers for charter to Atlantic Methanol

Mitsui OSK Lines (MOL; Tokyo) says it has received a new building charter contract for two methanol carriers from Atlantic Methanol Production Co. (AMPCO; Equatorial Guinea), based on an offer tendered in 2013. The vessels will be built at Minaminippon...

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