Category Infrastructure

Singapore to Build Second LNG Terminal

Singapore plans to build a second terminal for liquefied natural gas (LNG), as it aims to create a regional trading hub for the fuel, Prime Minister Lee Hsien Loong said on Tuesday. The city-state – located strategically on the main shipping route between Europe and Asia – started commercial operations of its first LNG terminal […]

Panama Canal Locks Project Work Resumes

The Panama Canal Authority (ACP) said that Grupo Unidos por el Canal. S.A. (GUPC) has resumed work on the new locks project during the afternoon of Thursday, February 20. “Works have restarted this afternoon,” said Panama Canal Administrator Jorge L. Quijano. “The consortium has guaranteed that it will continue working, which was our main objective […]

BBC News – Nicaragua canal construction ‘will not begin until 2015’

The construction of a canal in Nicaragua linking the Atlantic to the Pacific Ocean has been delayed by a year and will not begin until 2015. The head of the canal authority, Manuel Coronel Kautz, says more time is needed to carry out feasibility studies and choose a route. The estimated cost of the projected […]

Is the Suez Canal Safe for Shipping? – Safety4Sea |

The Shipping Industry must continue to take reasonable security measures through the Suez Canal Shipowners and Charterers should continue to take normal precautionary security measures when transiting through the Suez Canal, said Andrew Varney, Managing Director Port2Port Maritime Security in a recent webcast discussion: “Is the Suez Canal Safe for Shipping?” with the US Journal […]

Mexican military seeks to oust cartel from port

Soldiers standing on the back of pick-up trucks patrol Lazaro Cardenas, one month after ousting the municipal police in this major Mexican port that had become a drug cartel’s cash machine. While troops armed with assault rifles ride in borrowed police vehicles, a vice admiral has taken over the administration of the Pacific port, which […]

Atlantic Basin Crude Oil Surplus Bound for Asian

The growth in crude production in the Atlantic Basin will have a profound impact on regional crude supply/demand balances. According to PIRA Energy Group, a sizeable crude surplus will develop within the region, and crude will be forced to seek markets elsewhere, primarily in the rapidly growing countries in Asia. The Atlantic Basin is broadly […]

Tanzania Considering New LNG Export Facility That Could Rival Qatar | gCaptain ⚓ Maritime & Offshore News

Tanzania is looking at building a massive facility to export liquefied natural gas (LNG) similar to those developed by the world’s biggest gas exporter Qatar and may locate it in the southern Lindi region, a minister said on Wednesday. East Africa has become one of the world’s hottest new oil and gas areas after a […]