Industry news

Industry News

8th July 2019

LBC Tank Terminals sells interest in Shanghai terminal

Cosco Shipping has acquired all of LBC Tank Terminals' interests in the Shanghai terminal after the company announce it will divest them.

3rd July 2019

Stolthaven Terminals second quarter results "in line with expectations"

Stolt-Nielsen has reported its net profit in the second quarter was $3.6 million, with revenue of $518.9 million, compared with a net profit of $7.9 million, with revenue of $501.9 million, in the first quarter.

2nd July 2019

U.S. crude to trickle onto new Gulf Coast lines as connections, storage opens: sources

NEW YORK/ HOUSTON (Reuters) - A year-old bottleneck of crude in West Texas is shifting east as new pipelines prepare to begin operations without enough connections or storage for the smooth movement of shale oil to a U.S. Gulf Coast export hub, according to traders and analysts.

5th September 2018

VTTI’s New Terminal in Port Qasim Moves Forward

The new VTTI terminal in Port Qasim, Pakistan, is on its way to becoming a key independent regional terminal in Pakistan as it begins phase one for HSD.