Trade war jeopardizes forecast wave of LNG shipments
The escalation of the trade war between the United States and China jeopardizes the construction of several mega LNG projects, likely postponing the forecasted wave of project cargo shipments that are needed to build the...Read more
Inoperable cranes ruin ESL’s experience with new LNG-powered vessels
ESL’s new LNG-powered flagship bulk carriers were unable to operate as planned during the first quarter due to serious technical issues with the cranes. According to the company’s parent Aspo Group, these problems are now...Read more
Strong project cargo shipments increase Wallenius Wilhelmsen’s income
Despite slightly lower volumes, Wallenius Wilhelmsen has increased its income in the first quarter of 2019 thanks to a more favourable cargo mix, strong project cargo shipments in the Atlantic and high fuel cost compensation...Read more
BBC Amethyst first vessel to make crossing to Antwerp’s Brazilian port Açu
Multipurpose vessel BBC Amethyst is the first vessel to make the crossing from Antwerp to Porto do Açu in Brazil, a private port in which Port of Antwerp participates with the ultimate goal to strengthen...Read more
MACS changes terminal in Antwerp
Multipurpose vessel operator MACS has changed its terminal in Antwerp. As from June 1st, all MACS vessel will call at Zuidnatie Breakbulk which is able to handle MACS entire cargo portfolio, the company states. “Zuidnatie’s experienced...Read more
Port of Rotterdam: “We see room to grow our breakbulk throughput”
The Port of Rotterdam saw its conventional breakbulk volumes grow with 3.1% in the first quarter of 2019. The lifting of the American import ban on Russian aluminium had a lot to do with that,...Read more
SAL Heavy Lift expands Italian presence
SAL Heavy Lift has appointed Intermare Group as a partner to officially represent the company’s new branch office SAl Heavy Lift, Italy. The new company will open its doors 1st of May 2019 to existing and...Read more
BP’s profit shrinks, but production is set to grow
BP has booked a 9% lower net profit in the first quarter of 2019, but increased oil and gas production and strong trading results did lead to higher operating cash flow. The oil major started...Read more