Plains acquires additional
Capline, tankage interest
 

Plains All American Pipeline LP announced that through a series of transactions it has acquired an additional interest in the Capline Pipeline system and associated tankage for aggregate consideration (net of cash and assumed liabilities) of approximately $64 million. These assets were acquired either directly or indirectly from Chevron, Marathon Oil Corporation, and Shell Pipeline Company LP...

Video from MI addresses
safe handling of methanol
 

The Methanol Institute (MI) has produced a video titled Methanol Safe Handling: A User’s Guide that is now provided as a free DVD...

Aegean takes delivery
of double-hull tanker
 

Aegean Marine Petroleum Network Inc has taken delivery of the Paxoi, a 5,500-dwt double-hull bunkering tanker newbuild from Qingdao Hyundai Shipyard in China. The vessel is expected to be deployed to the company’s market in the United Kingdom...

Container symposium 

Chemical shipments both domestic and international probably will increase modestly in 2010 for US producers...

CF Industries confirms
fatal ammonia release
 

CF Industries Holdings Inc confirmed that a fatal release of anhydrous ammonia occurred during loading operations at its ammonia terminal at Pine Bend MN...

HR 4016 calling for more study of tanker rollovers 

The tank truck rollover issue would get more study if HR 4016, the Hazardous Material Transportation Safety Act of 2009, becomes law. The provision on tank truck rollovers was a late addition to the bill...

Stena Bulk opens Brazilian
office, plans new tankers
 

Stena Sonangol Suezmax Pool has opened a representation office in Rio de Janeiro, Brazil, and Stena Bulk will add two new Suezmax tankers to the pool...

Hoyer 2008 annual report
wins international prize
 

International logistics service provider Hoyer GmbH Internationale Fachspedition, headquartered in Hamburg, Germany, has received the Silver Award in the Transportation & Logistics category, presented by the LACP (League of American Communications Professionals), for its 2008 annual report...

Stolt-Nielsen SA acquires
LPG carrier Althea Gas
 

Stolt-Nielsen SA (SNSA) has agreed to acquire through its subsidiary Stolt-Nielsen Gas Ltd the 82,557-cbm LPG carrier Althea Gas from Iino Kaiun Kaisha of Japan...

Westway Group signs
$175 million credit facility
 

Westway Group Inc announced the signing of a new three-year, $175 million senior secured revolving credit facility. The facility is being provided by a nine-bank syndicate led by JPMorgan Chase Bank NA and was arranged by JPMorgan Securities Inc...

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