News

Vopak firm but cautious - 22/04/2015

Vopak has reported EBITDA of €206m for the first quarter, up 15% on the same period last year.

HCB at FPS - 22/04/2015

The HCB team is in Harrogate this week for the annual @FPSExpo - stop by stand C16 to pick up a copy of the mag and see what else we have on offer.

Terminals on track at Kinder Morgan - 20/04/2015

Kinder Morgan achieved revenues of $1.91bn in the first quarter, in line with the same period of 2014. Net income was down from $601m to $459m as a result of higher interest charges, taxation and depreciation.

DOT takes more action on rail safety - 20/04/2015

The US Department of Transportation has announced a package of targeted actions to address some of the issues identified in recent train accidents involving crude oil and ethanol.

Hoyer to trial LNG fuel - 15/04/15

Hoyer is investing in 34 new Iveco trucks for its Chemilog business, including one fitted to run on LNG as a pilot project.

Another good year for VTG - 14/04/15

VTG AG reports that its turnover rose by 4.4% last year, reaching €818.3m, while operating profit was up 4.0% at €191.0m.

BW LPG picks up resale deal at DSME - 10/04/15

BW LPG has picked up four VLGC newbuilding contracts through a resale deal at Daewoo Shipbuilding and Marine Engineering (DSME).

Concordia takes IMO II to the Max - 09/04/15

Concordia Maritime has taken delivery of the first of ten IMOIIMAX chemical/product tanker newbuildings.

Stolt-Nielsen lifted by bunker price drop - 09/04/15

Stolt-Nielsen Ltd has reported a net profit of $38.7m for its first quarter, ended February 28, up from $13.1m in the prior period, despite a fall in revenues from $532.3m to $487.7m.

MTM adds to chemship orderbook - 08/04/15

MT Maritime Management is reported to have extended its chemical tanker newbuilding programme with four more orders placed with Japanese yards.

Transneft to expand ESPO outlet - 08/04/15

Transneft is planning to build two new storage tanks at its Kozmino crude oil export facility near Nakhokda in Russia’s Far East.

Enterprise adds more LPG loading in Texas - 08/04/15

Enterprise Products Partners has completed expansion of its propane liquefaction and LPG export facility on the Houston Ship Channel.

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  • 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

  • Poos in space

    While we here at HCB Towers have some sympathy with amateur pyromaniacs, we do sometimes wonder if they’ve gone too far. Our friend Greg Sutherland writes from the US with news of a new rocket launch in Michigan