News

NuStar reaps benefits in Corpus Christi - 26/07/2015

NuStar Energy has reported second quarter EBITDA of $143.0m, slightly up on the $140.1m recorded for the same period last year.

Vopak sells Finnish sites to Oiltanking - 16/07/2015

Oiltanking has acquired Vopak Chemicals Logistics Finland Oy, which operates two terminals in the country.

Gastech LNG news - 14/07/2015

At the World Gas Conference in Paris last month, Chevron chief executive John Watson highlighted the need for investors and stakeholders in prospective LNG projects to remain focused on the long-term goals ahead, warning them not to defer new developments due the anticipated wave of cheap US LNG. 

Stolt Tankers' improvement only cosmetic - 02/07/15

Stolt Tankers has reported a significant improvement in operating profit for the second quarter, with the result of $30.4m well up on the $19.0m recorded in the first quarter.

Exmar builds a bigger LNG platform - 01/07/15

Exmar has reached agreement with Flex LNG and Geveran Trading, a company controlled by trusts related to John Fredriksen, to merge their LNG operations into a new company, Exmar LNG.

IM Skaugen to concentrate on core gas business - 01/07/15

IM Skaugen has agreed to sell its 50% stake in the ship-to-ship transfer and lightering operation SPT to its partner Teekay.

FMCSA looks for comments on SMS tweaks - 29/06/15

US FMCSA has issued a notice requesting public comments on proposed enhancements to its Safety Measurement System (SMS) methodology.

Magellan/LBC jv to develop crude terminal in Texas - 29/06/15

Magellan Midstream Partners and LBC Tank Terminals have formed a 50/50 joint venture, Seabrook Logistics LLC, to build an operate a new 700,000-bbl crude oil terminal in Seabrook, Texas.

Univar bags the cash - 23/06/15

Univar has raised $770m from its IPO on the New York Stock Exchange, valuing the company at around $3bn.

Odfjell out of Europe - 23/06/15

Odfjell has exited the European shortsea market, selling its last three 5,800-dwt vessels operating in the trade.

Ahlers and Tigro set up joint venture - 20/06/15

Belgium's Ahlers and compatriot firm Tigro Industries are to form a joint venture under the new Altigra banner.

Not Otherwise Specified

  • Follow the leader

    There are enough tragedies reported in the pages of HCB, you might think, to make it unnecessary to follow the trend here, where we are supposed to consider ‘lighter’ matters. But still, we like to think that by learning from the misfortunes of others, whatever levels of stupidity or sheer bad luck they may display, will help us manage our own activities more safely.

  • Take the money and run

    Prison fulfils many functions: it keeps miscreants off the streets, it punishes them for their misdeeds, and it allows society to take a measure of revenge. It should also offer the change of rehabilitation – ideally, the prisoner should complete his or her sentence a better person. But that doesn’t always work…

  • What’s going on?

    We are constantly surprised at the limits of knowledge displayed by journalists in the non-specialist press. Not only do few seem to understand much about chemicals, but they often lack the curiosity to investigate