17/07/2014 Fluor Corporation announced yesterday that it was awarded a contract by Gate Terminal BV, a subsidiary of Dutch Vopak and Gasunie, to design and build a liquefied natural gas (LNG) break bulk terminal in Rotterdam, the Netherlands. Fluor will provide engineering, procurement and construction management services for the jetty, loading facilities, boil-off gas compressors, connection to the LNG terminal and other facilities. “This is an excellent opportunity for Fluor to deliver its engineering, procurement and construction expertise for gas projects in Europe. This project will help address Northern Europe’s growing need for LNG as a transportation fuel,” said Taco de Haan, President of Fluor’s Energy & Chemicals business for Europe, Africa and the Middle East. Break bulk terminals split up large-scale LNG shipments into smaller quantities to facilitate the distribution of LNG to be used as fuel for ships and heavy trucks. Gate Terminal anticipates the terminal will be ready for operation in 2016. Source: Business Standard
Lines break in attempts to tow stalled casino boat Escapade
A casino boat carrying about 100 passengers on its maiden trip from Savannah ran aground overnight and remained stranded Wednesday after tow lines broke in the Coast Guard's initial attempts to free it.
The Escapade was supposed to return about 12:30 a.m., and those aboard — wearing life vests — were growing annoyed, though no injuries were reported, according to the Coast Guard and family members awaiting the passengers' return in Savannah.
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Dubai: Western sanctions against Shahid Rajayee port in southern Iran have been lifted and the first foreign cargo ship will berth in the port on July 20, state media reported. Shipping lines from India, Korea, China and Taiwan are all expected to call at the port soon. Located at Bandar Abbas, the container port is one of Iran’s most significant with a capacity of around 4m teu a year. [gulfshipnews 16/07/14]
Royal Boskalis Westminster N.V. has in consortium been awarded work associated with the expansion of the Singapore Tuas Mega Port development. Jurong Town Corporation awarded the reclamation project of Tuas Finger One to the consortium, comprising of Hyundai, Samsung, Penta Ocean, Boskalis and Van Oord. The total contract value is SGD 960 million, and the combined Boskalis / Van Oord share is approximately EUR 100 million. It is expected that the majority of the 24.5 million cubic meters of sand required for this project will be supplied by long distance bulk carriers. In addition to the land reclamation work, the consortium will undertake dredging and construct 3.4 kilometers of quay wall. Work is set to start within the next couple of weeks and will last until late 2018.
Goods backed up at Hai Phong port as new regulation takes effect
Cargo traffic at the Hai Phong port complex, the biggest port in the north, has been seriously congested since the day a regulation on verifying vehicles’ loading capacity took effect on April 1.
A report from the Hai Phong port’s customs agency showed that about 8,000 containers of goods have been left at the ports in Hai Phong. There are also numerous bulk cargo items that cannot be carried to destination points because they are oversized or overloaded.
Approximately 120,000 tons of cargo are stuck at the Hoang Dieu Port Handling Enterprise. At Tan Cang Enterprise, there are 12,000-14,000 TEU of uncleared goods, while the capacity is 8,000-9,000 TEU (twenty foot equivalent unit).
Tanker cargoes disrupted as Yemeni pipeline is blown up
TANKERS face new disruptions to cargo loading, following the blowing up of a major pipeline in Yemen, affecting crude supplies from the pipeline to the Ras Isa export terminal on the Red Sea. The pipeline was blown up by Yemeni tribesmen campaigning for a larger share of jobs and government...
Thessaloniki port takes acquisition bids from 8 contenders
Hellenic Republic Asset Development Fund (HRADF) board has approved of eight potential investors to bid for a 67 per cent stake in Thessaloniki Port Authority.
Qualified are APM Terminals, Deutsche Invest Equity Partners, Duferco Particiption Holding, International Container Terminal Services, Mitsui & Co, DP World, Russian Railways JSC/GEK TERNA and Yilport Holding.
The board also approved the key tender documents including the Request for Proposals (RfP), the draft Sale Purchase Agreement (SPA) and the draft Shareholders Agreement (SHA), reported Reuters.
During the tender phase, the qualified investors will gain access to detailed information about the asset and the terms of the transaction via a virtual data room.
Daewoo Mangalia - Romania’s largest shipyard, busiest commercial shipbuilder in Europe
Daewoo Mangalia Heavy Industries (DMHI), Romania’s largest shipyard, currently has USD 1.34 billion ongoing contracts, which makes it the third largest shipyard in Europe by activity volume and the largest one on the commercial shipbuilding segment, according to Romania’s Economy Ministry.
The shipyard is 51 percent controlled by South Korean group Daewoo, with the remaining 49 percent of its shares controlled by the Romanian state. “Even if we are minority shareholders, we must help the company become the strongest shipbuilder in the Black Sea region and in Europe,” said Romanian economy minister Constantin Nita, who visited the shipyard on Thursday, July 10.
In 2013, the company had a turnover of EUR 271 million and losses of EUR 24 million. It employs 2,600 people directly, but supports a total of 6,800 workplaces directly and indirectly.
The shipyard is working on large scale ships. It recently delivered the largest auto carrier ever built in the Black Sea and Mediterranean basin.
Source: Romania Insider