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Boskalis-Allseas Consortium Lands $1.4 Billion Taiwan Gas Pipeline Project
A 50/50 consortium formed by Boskalis and Allseas has secured a €1.2 billion (US $1.38 billion) contract from CPC Corporation Taiwan to build the second offshore gas pipeline from Yongan to Tongxiao (YT2), the companies announced today.
Investors Bet Li Ka-Shing Will Clinch Controversial Ports Deal
Investors are regaining enthusiasm for CK Hutchison Holdings Ltd. despite a delay in the company’s plan to sell 43 ports, with optimism fueled by news that a Chinese shipping behemoth is finding its way into the global deal.
Kazakh Black Sea Oil Exports Resume as Tankers Given Access
Russia’s FSB security service has started handing out clearance for foreign tankers to access the Black Sea ports, allowing for Kazakhstan’s oil exports to resume after they were halted for nearly a day, four industry sources said on Thursday.
CMA CGM Phoenix Becomes Largest Containership Ever to Fly U.S. Flag
French shipping group CMA CGM marked a major milestone with the official reflagging of the CMA CGM Phoenix under the U.S. flag in Charleston, South Carolina. At 9,300 TEU capacity, the CMA CGM Phoenix becomes the largest containership ever to sail under the American flag.
LNG Canada Ramps Up Exports as PetroChina Takes First Cargo
LNG Canada has loaded its fifth cargo, marking an accelerated ramp-up in exports, according to data from Kpler. The milestone shipment was lifted by PetroChina, which controls the Hong Kong-flagged LNG carrier Wudang, making it the last of the five joint venture participants to receive its inaugural cargo.
Trump Threatens New Sanctions on Russian Exports After Grace Period
Trump outlines a tougher stance on Russia, conditioning peace talks on halting attacks and threatening sanctions on countries buying Russian oil.
