New crude oil export terminal to be built at Texas

Enterprise Products Partners is planning to build an offshore crude oil export terminal off the Texas Gulf Coast. The terminal would be able of loading Very Large Crude Carriers, which have capacities of approximately 2 million barrels. The project could include about 80 miles of 42-inch diameter pipeline to an offshore terminal capable of loading and exporting crude oil at approximately 85,000 barrels per hour.

Port of Antwerp handles almost half of European steel exports to US

The Port of Antwerp port is the biggest steel port in Europe, with approximately 1.1 million tonnes of steel sent to the USA in 2016 and 2017. This amount of exports means that the Antwerp Port is now handling almost 50% of the European steel exports to the USA. During the first quarter of 2018, exports from Antwerp to the US grew by 43% compared to 2017.

US retail imports growing despite threat of tariffs

Despite the prospect of heavy tariffs on goods from China, imports at the US’ major retail container ports are expected to grow steadily throughout the summer of 2018, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

US port restrictions raise crude oil exports costs

US crude oil exports averaged 1.1 million barrels per day in 2017, an increase of 527,000 b/d from 2016. Despite this acceleration in export growth, the US.Gulf Coast ports cannot fully load Very Large Crude Carriers. Instead, export growth was achieved by using smaller and less cost-effective ships. The Louisiana Offshore Oil Port is the only U.S. facility capable of accommodating a fully loaded VLCC.

New terminal at Corpus Christi to welcome VLCCs

Buckeye Partners, Phillips 66 Partners and Andeavor will develop a new deep-water, open access marine terminal in Ingleside, Texas. The South Texas Gateway Terminal will be constructed on a 212 acre waterfront parcel at the mouth of Corpus Christi Bay. The terminal will be capable of berthing VLCC petroleum tankers.

US concerned about COSCO’s acquisition of Long Beach terminal

US are reportedly concerned about a takeover by the Chinese COSCO, regarding a large container terminal in Long Beach, California. The terminal is part of COSCO’s plan to buy the shipping company Orient Overseas International. The expected acquisition of Orient Overseas Container Line is about to be completed until the end of June.

Port of Long Beach launches largest US zero-emissions project

The project is funded mostly by a $9.7 million grant from the California Energy Commission, and will bring 25 vehicles that are zero – or near zero -emissions to Port of Long Beach marine terminals for one year to test their performance in a real-world setting. The project aims to reduce GHG by more than 1,323 tons and smog-causing nitrogen oxides by 27 tons each year.

New Super Post-Panamax cranes arrive at Port of Philadelphia

PhilaPort and Packer Avenue Marine Terminal’s operator “Astro Holdings”, purchased the cranes as part of Governor Tom Wolf’s $300 million Port Development Plan to increase cargo-handling capacity and efficiency. The new cranes will be able of discharging containers from ULCVs and have a cost of $12m each.

Port Corpus Christi to accommodate more Suezmaxes

Port Corpus Christi signed an agreement with CCI Corpus Christi Infrastructure LLC for approximately 55 acres of land on the north side of the Corpus Christi Ship Channel in the Inner Harbor, for constructing and operating a marine terminal facility for export of US crude oil, condensate and refined petroleum products through a new oil dock.

Port related projects in US gained $72.7 million

Of the total 41 projects awarded grants in the Transportation Investment Generating Economic Recovery program, five are port-related, although only two out of 40 port applications submitted, are going to marine port authorities. Namely, port-related projects will receive a total of $72.7 million, amounting to 14.5%.

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