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Natural Gas Boom Likely to Compound Congestion at Ports in Gulf

Posted by PortVision on Jul 18, 2017 1:04:08 PM

With the increase in America’s production and export of natural gas, some industry experts warn of bigger traffic jams among tankers at the busiest ports in the Gulf. The congestion is not exactly on par with an LA freeway at rush hour, but sizable enough to cause costly delays.

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Port Bans by Its Neighbors Isolate Qatar, Impact Shipping and Trade

Posted by PortVision on Jul 11, 2017 6:07:00 AM

The story might sound, at first, a bit like David vs. Goliath: The little country of Qatar, one of the smallest oil producers in the Middle East, is currently locked in a diplomatic conflict with two of OPEC’s largest oil producers—Saudi Arabia and the United Arab Emirates (U.A.E.)—and their cohorts in the area, Bahrain and Egypt. But instead of wielding a slingshot, this “David,” according to its adversaries, is more likely to carry a bomb-filled backpack.

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Lower Costs, Less Congestion Lure Companies away from Houston Ship Channel

Posted by PortVision on Jun 27, 2017 6:07:00 AM

The multi-billion dollar investments currently being made in and near smaller ports along the Gulf Coast by some of the largest energy companies in the country are part of the long history of ports in the area.

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AIS Vessel Tracking Provides View of USS Fitzgerald Collision

Posted by Chris Leslie on Jun 22, 2017 6:07:00 AM

 Early Saturday morning, a US destroyer, the USS Fitzgerald, was hit by a container ship just off the coast of Shimoda, Japan. The collision claimed the lives of seven US Navy Sailors. In the aftermath of this tragedy, both sides are trying to figure out exactly what happened.

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Will OPEC’s extension of production cuts lead to higher oil prices?

Posted by PortVision on Jun 13, 2017 6:07:00 AM

In Vienna on May 25, members of the Organization of the Petroleum Exporting Countries (OPEC) and its allies — including Russia — agreed to extend their cutbacks in oil production in hopes of addressing the glut of oil that’s been keeping down the price-per-barrel.

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New Pipelines and LNG Terminals Boost Natural Gas Exports

Posted by PortVision on May 17, 2017 6:08:00 AM

The “shale revolution,” as it’s been called, has led not only to the construction of new pipelines and LNG terminals, but also to a significant increase in this country’s energy exports. Less than a decade ago, U.S. gas production from conventional fields was in a downward spiral. And experts predicted that the country would become, of necessity, one of the largest importers of natural gas.

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Port Alliances Present New Possibilities

Posted by PortVision on May 9, 2017 6:07:00 AM

With the approval of the Federal Maritime Commission (FMC), several ports that previously competed for market share are now working cooperatively—exploring opportunities, sharing data, promoting cargo-handling efficiencies, expanding infrastructure. This trend among ports to form alliances with other ports in the same geographic region has come in response to the recent alliances formed by shipping companies.

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Strong Demand for LNG Expected to Continue

Posted by PortVision on Apr 25, 2017 6:07:00 AM

According to the LNG Outlook recently published by Shell, things look good for solid growth in the liquefied natural gas industry through 2030, though some indicators in 2016 briefly called that projection into question.

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Barge Revenues Drop in Spite of Record Harvest

Posted by PortVision on Apr 18, 2017 6:07:00 AM

A few years ago, with grain volumes on the rise, adding more barges to the fleet seemed a good idea to many U.S. shippers. More barges. Bigger loads. Larger profits. But things haven’t worked out as planned, even with the recent record-breaking harvests of corn and soybeans.

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Large Fleet of Icebergs Impacting North Atlantic Shipping Lanes

Posted by Chris Leslie on Apr 7, 2017 6:07:00 AM

Over 450 icebergs have drifted down into the North Atlantic shipping lanes, 363 of which have arrived over the past 7 days. This is forcing vessels to either dramatically lower their speed to navigate the icebergs, or take detours which can add up to 400 miles to the trip.

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