IHS Chemical Week

Ferguson Group includes chemical tankers in Norwegian fleet

9:46 AM MDT | May 22, 2015 | Francinia Protti-Alvarez

Ferguson Group (Kintore, UK) has increased its Norwegian product line to include a large fleet of chemical tankers, including cryogenic tanks for storage and transport of liquid nitrogen, the company announced. The new tanks are designed and manufactured...

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North America weekly chemical rail traffic up 3.9% YOY

During the week ended 18 April, chemical railcar traffic in North America increased 3.9% year-over-year (YOY) on continued gains in the United States and Canada. Chemical rail traffic in Mexico remains down YOY....

Lower fuel costs buoy Stolt-Nielsen's profits

Stolt-Nielsen reports first-quarter net profit of $38.8 million, up from $18.6 million in the corresponding period of 2014. Operating profit jumped year-on-year to $71.5 million from $45.8 million on revenue of $487.7 million, down from $516.7 million one...

Brazil's Santos port remains closed as terminal fire still rages

The port of Santos, Brazil, in the state of Sao Paulo, remained closed to traffic on 9 April because of an almost week-long fire that continues to burn at storage tanks there belonging to Groupo Ultra's Ultracargo (Sao Paulo) unit. The fire at the terminal...

China's transport ministry ask ships to evacuate Gulei Port after petchem plant fire

China's Ministry of Transport (Beijing) said today that it has requested that ships in the Port of Gulei, Fujian Province, evacuate from the port as a safety precaution after an explosion and several fires at a nearby petrochemical plant operated by Tenglong...

Houston Ship Channel fully reopened

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 tert-butyl ether (MTBE) and they successfully moved the vessel to Barbour's...

Houston Ship Channel remains closed as salvage plans begin for damaged tanker

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 with another vessel in the Houston Ship Channel on 9 March. The plans include...

Chemical tanker shipping industry faces a challenging year

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). "Uncertainty over the economic outlook and the recent fall in oil prices...

Houston Ship Channel closed near La Porte after collision

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 say that one of the vessels is a chemical tanker carrying about 216,000...

Japanese firm to buy 800,000 m.t. of LPG from Targa over 2017–20

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 of 2017, Astomos said today. About 140,000 m.t. of the LPG will be...

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