Author Archive | nobx

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Brazil Approves US$27 Billion Port Package

Government expects nation’s exports to quadruple by 2030 Brazil’s Congress last week passed legislation that authorizes US$27 billion in investment to improve Brazil’s aging and congested ports. The government said it expects the nation’s exports to quadruple by 2030; its ports are operating at capacity. Under the plan, ports will be open to private investment […]

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GCC invests USD 36 Billion in Port Development

Port investments in GCC Source: The Saudi Gazette, February 16th, 2013 JEDDAH — The GCC countries are allocating $36 billion to further develop their port infrastructure amid increasing foreign non-oil trade volumes. Saudi Arabia is powering ahead with port infrastructure development with more than $750 million allocated to Dammam’s King Abdul Aziz Port, which includes […]

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Shell to build world’s first oil sands CCS project

  Shell to build world’s first oil sands CCS project Posted on September 5, 2012 at 1:05 pm by Simone Sebastian in Canada , Carbon Capture and Sequestration , Environment , Oil Sands Northeastern Alberta is a major oil sands production area. A new initiative, backed by the American Petroleum Institute, is battling critics of […]

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G6 Alliance implements Asia-Europe Winter Program

  G6 Alliance implements Asia-Europe Winter Program SINGAPORE, 3 September 2012: In preparation for the vessel maintenance schedule in the winter and consideration of the forecasted lack of improvements in the market environment in the Asia-Europe trade, the members of the G6 Alliance have decided to temporarily suspend their Loop 3 service between the Far […]

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