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Americas

Set Alert for Lloyd's List Regional :: Americas

DP World acquires key terminal in Canada

Fraser Surrey Docks was founded in the early 1960s and has become the largest modern and multi-purpose terminal on the west coast of North America, operating some 1,200 m of berth and 189 acres of yard
Canada DP World

New marine fuel oil arbitrage routes opening for tankers

Volatile crack spreads — the profit or loss derived from producing different refined products — as well as volatile crude prices, has led to rapidly changing trade flows and new tanker routes

International Europe

Rapid growth of US Gulf crude exports ‘nearly over’

Many shale producers have debt maturing in 2022 estimated at $30bn, and they will divert cash to pay back debt rather than invest in drilling, says Chris Midgley of S&P Global Platts

Tankers and Gas VLCC

Brazilian consultant to SembMarine jailed in bribery and money laundering case

The two executives came to the authorities’ attention in the massive Brazilian anti-corruption campaign Operation Car Wash

Brazil Regulation

Tonne-mile demand for US gulf crude shipments contracted last year

Crude tanker tonne-mile demand for imports and exports out of the US Gulf contracted for the first time in 2019, as gains made in rising exports of shale oil failed to offset those lost via declining imports, according to Lloyd's List Intelligence data.

Tankers and Gas Canada

Seaspan shrugs off coronavirus impact

Chief executive Bing Chen says Seaspan’s business model, which focuses on long-term charters, should insulate the company from any short-term market volatilities

Containers Ports and Logistics

Maersk doubles its US warehouse holdings with $545m purchase

The deal accords with new directions outlined by Maersk chief executive Søren Skou late last year: ‘We need to grow in acquisitions on land warehouses and customs house clearing services’

United States APM Terminals

Venezuela crude exports going ‘dark’ as US imposes sanctions on Rosneft

Rosneft Trading has taken over most of the marketing of Venezuelan crude over the last nine months with oil supplied in return for loan repayments, and subsequent sales brokered with India and China

Sanctions Tankers and Gas
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