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Chinese chemicals and energy group Jiahua Energy is moving into shipowning with an order for a 35,000 cu m carrier from CIMC Sinopacific Offshore & Engineering. The company has capped total investment in the vessel and pre-operating costs at CNY750m ($111m). Jiahua subsidiary Meifu Port & Storage will fund 60%, with three partners covering the …
BW LNG, a liquefied natural gas (LNG) shipping company that is part of Singapore-based BW Group, has shed more light on its move that pushes LNG carrier capacity beyond the conventional 174,000-cubic-meter (cbm) design with a new 177,000-cbm, three-tank configuration, described as being able to carry more cargo while retaining the flexibility and terminal compatibility of the established vessel class. The post BW LNG builds on 174k LNG carrier workhorse with 177k cbm three-tank design appeared first on Offshore Energy .
Alkagesta posted record first-half 2026 results, with $3.5 billion in revenue and full-year volumes expected to top 10 million tonnes, supported by new product lines, expanded storage and a wider international network.
Navitas Petroleum, an Israeli oil and gas producer and developer that operates a project under development in the North Falkland Basin, is stepping up plans to expand its oil field project in the Falkland Islands through the acquisition of a second floating production, storage, and offloading (FPSO) vessel that could boost daily oil output capacity by thousands of barrels. The post Sea Lion roars into Falklands expansion as Navitas reels in second FPSO appeared first on Offshore Energy .
The Israeli company signed an agreement to acquire a vessel that will be retrofitted to serve as a second floating production, storage and offloading platform for the under-construction Sea Lion oil development in the Falkland Islands.
U.S. refineries have been running at full speed for months to make up for lost fuel supply from the Middle East. Fuel exports from the United States have been breaking records. This may be about to change, and not because of the war. It is oil sands maintenance season in Canada. In September, Canadian crude oil production may drop by 300,000 barrels daily due to maintenance activities in the oil sands, Rystad Energy said this week, as quoted by Bloomberg. Usually, whenever such a seasonal disruption occurs, it gets offset with crude from storage.…
The Iranian crude that reached Asia is being taken. The crude that has not reached it is standing at the strait and behind it, and there is nearly twice as much of that. AXSMarine · Data to 15 August 2026 · All volumes million barrels Iranian crude sitting in Asian waters peaked at 44.4 million ...
Residual fuel cracks have firmed for four consecutive weeks as blenders compete for cutter stock across Mediterranean hubs.
The Emirati state-owned renewables company began commercial operations at a 35-megawatt battery energy storage system in Rochdale, England, its second start-up toward a target of three-gigawatt-hour BESS capacity across the UK.
Japan’s MODEC has announced the arrival of a floating production, storage, and offloading (FPSO) vessel in Guyanese waters ahead of its deployment on a project in the Stabroek block, as the development moves closer to first oil expected later this year. The post MODEC’s FPSO reaches Guyana as ExxonMobil’s fifth oil project nears start-up appeared first on Offshore Energy .
The Malta-based trading company reports higher blended fuel oil volumes moving through regional storage hubs.
Singapore: Maersk Oil Trading leases fuel oil storage at Tankstore Manifold Times
RoadOne IntermodaLogistics announced it has acquired Higgins Transport Service, a Charleston, South Carolina-based provider of port drayage and intermodal transportation services. The deal adds 15 drivers to RoadOne’s Charleston operations along with additional drayage and intermodal capacity to serve the Southeastern market. Financial terms of the transaction were not provided. RoadOne recently opened a 384,000-square-foot facility in Summerville, South Carolina to serve the Port of Charleston. The 100-acre property provides transloading, storage and distribution services across the Southeast
#fwtv_JcPzGTAzAOs .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_JcPzGTAzAOs .fwtv-panel p{margin:0 0 12px}#fwtv_JcPzGTAzAOs .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} Ever wondered how cold storage facilities protect vital goods during a major power outage? Brian Dunn, SVP of Facilities & Engineering and Head of Sustainability at Americold, reveals the incredible engineering and strategic planning that allows their warehouses to maintain sub-zero temperatures for up to a week. Discover how A
Company statement describes tank capacity secured to support regional product blending operations.
Alkagesta signs multi‑year biofuel storage agreement in Belgium Oils & Fats International
Alkagesta Signs Antwerp Biofuel Storage Deal Ship & Bunker
Alkagesta secures multi-year biofuel storage agreement in Antwerp, Belgium MaltaToday
Alkagesta signs multi‑year biofuel storage agreement in Antwerp in Belgium Biofuels International Magazine
ADNOC leases Singapore storage facility for the first time, according to sources Marine News Magazine
EXCLUSIVE: ADNOC leases Singapore fuel oil storage for first time, sources say Reuters
Venezuela’s Fuel Storage Nears Capacity as Sanctions Cripple Oil Exports Pipeline and Gas Journal
Venezuela resorts to floating storage as onshore storage tanks fill up Reuters
PDVSA Turns Tankers Into Floating Storage as U.S. Ship Seizures Choke Exports gCaptain
Analysts dream of $200,000 per day VLCC market as floating storage adds missing ingredient TradeWinds News
China's crude oil storage flows slump in September Reuters
Nala Renewables expands its Battery Energy Storage portfolio in Finland Trafigura
Mercuria plans to take large amounts of aluminium from LME storage, sources say Reuters
Saudi Arabia Launches First Floating Storage Unit for Marine Fuel at Jeddah Islamic Port وكالة الأنباء السعودية
