Houston

Spot Gas Prices Recoil as Hurricane Laura Misses Path

  • Spot natural gas prices in the Houston metropolitan area saw a double-digit rebound as Hurricane Laura bypassed the area.
  • Data showed gas demand for power generation in Texas increasing around 400 MMcf, as there was no substantial hurricane-related damage to power infrastructure.
  • The lower inflows were driven partly by a number of pipeline force majeures.
  • Natural Gas Pipe Line and ANR Pipeline declared force majeure citing the imminent storm track of Hurricane Laura and impacting southbound...

https://mfame.guru/spot-gas-prices-recoil-as-hurricane-laura-misses-path/

Hurricane Laura: United Airlines cancels flights, cargo delayed

White jets with blue tails pass each other at Houston's main airport.

A total of 414 flights were canceled at George Bush Intercontinental Airport in Houston as of Wednesday afternoon as Hurricane Laura, now a Category 4 storm, bears down on the Texas coast.

The Houston Airport System also said on its website that 66 flights have been canceled at Hobby Airport.

United Airlines has canceled more than 600 flights across its network, including all flights through its hub at Houston Intercontinental Airport, for Wednesday and Thursday. Flight cancellations also impact...

https://www.freightwaves.com/news/laura

US DOT grants benefit handful of freight rail projects

A photograph of two railcars in a rail yard.

New highway grade crossings affecting BNSF and funding for improvements at the ports of Tulsa, Tampa and Houston are among the projects that have been awarded funding from the U.S. Department of Transportation’s (DOT) Infrastructure for Rebuilding America (INFRA) discretionary grant program.

DOT is awarding $906 million to 20 projects in 20 states involving major highways, bridges, ports and railroads. A full list of the projects that DOT is supporting is available here.

Rail- or...

https://s29755.pcdn.co/news/us-dot-grants-benefit-handful-of-freight-rail-projects

Third tropical storm this season could soon hit US Gulf Coast (with forecast video)

Satellite animation of Tropical Depression Three in the Bay of Campeche.

The second landfall of a tropical cyclone this season could hit the Gulf Coast of the United States near the end of the week. The first was Tropical Storm Bertha in late May, making landfall on the South Carolina coast after flooding parts of Florida for three days.

SONAR Critical Events and satellite: Tuesday, June 2, 2020, 9 a.m. EDT; Tropical Depression Three

The remnants of Tropical Storm Amanda, which formed in the eastern Pacific Ocean last week, moved across Central America last weekend....

https://www.freightwaves.com/news/third-tropical-storm-this-season-could-soon-hit-us-gulf-coast-with-forecast-video

HGG America opens support center in Houston

HGG Profiling Equipment, headquartered in the Netherlands, recently opened a new 6,500 sq. ft. center in Houston, to better service and support the company’s growing list of customers and profile-cutting machine installations in North and South America. Along with providing service and support, HGG’s new center will act as a centralized hub to rapidly deploy technical field service and engineering support.

The new center will employ a customer service manager, administrative and inside sales...

https://www.workboat.com/news/people-and-products/hgg-america-opens-support-center-in-houston/

ACL to file Chapter 11, reaches agreement with lenders

Photo by David Krapf

American Commercial Lines Inc. announced today that it has entered into a restructuring agreement with lenders on a prepackaged plan to recapitalize the business and significantly reduce the company’s debt. Under the terms of the plan, Jeffersonville, Ind.-based ACL will receive $200 million in new capital to support liquidity and investments in the business. In addition, the plan provides for a reduction of funded debt by approximately $1 billion.

To implement the plan, the company expects to...

https://www.workboat.com/news/coastal-inland-waterways/acl-to-file-chapter-11-reaches-agreement-with-lenders/

Euroaméricas refuerza su línea marítima de carga entre Bilbao y EEUU

Euroaméricas, la joint venture entre Onego Shipping y Bergé, ha reforzado la conexión marítima de carga entre Bilbao y EEUU con un nuevo buque, el Mv Onego Mississippi, que formará parte de esta línea regular. En concreto, Onego a través de su agente general Euroaméricas conecta mensualmente la cornisa cantábrica con la costa este estadounidense, el Golfo de México y Caribe. Se trata de un servicio regular para todo tipo de cargas tanto convencionales como de proyecto.

En el caso de este buque,...

http://elvigia.com/euroamericas-refuerza-su-linea-maritima-de-carga-entre-bilbao-y-eeuu/

Shearer Group providing construction oversight for new Texas ferry

In 2017, The Shearer Group Inc. (TSGI), Houston, was awarded a five-year Indefinite Deliverable contract with the Texas Department of Transportation (TxDOT). TSGI was tasked to provide the detail design of a 293’x66’x16′ double-ended diesel-electric ferry with energy storage capable of carrying 495 passengers and 70 cars, providing service from Galveston Island to Bolivar Peninsula.

The ferry is currently being built at Gulf Island Shipyards in Jennings, La. TSGI is providing construction...

https://www.workboat.com/news/shipbuilding/shearer-group-providing-construction-oversight-for-new-texas-ferry/

LR approves innovative ethane transportation solution by Babcock LGE

l tto r: Andrew McKeran, LR’s Commercial Director, awarded Neale Campbell, Babcock’s Managing Director, an AiP for its ecoETHN® solution at Gastech 2019 (Houston, Texas).

LR approves innovative ethane transportation solution by Babcock LGE

LR presents AiP to Babcock for its ecoETHN® solution at Gastech 2019, taking place this week in Houston, Texas.

Today, Lloyd’s Register (LR) has awarded Babcock LGE with Approval in Principle (AiP) for its ecoETHN® solution, an innovative solution designed to...

http://www.allaboutshipping.co.uk/2019/09/18/lr-approves-innovative-ethane-transportation-solution-by-babcock-lge/

LR awards DSME AiP for 98,000 m3 VLEC design with innovative steel and slosh-free tank

Odin Kwon, DSME Executive Vice President and CTO, with Mark Darley, LR’s North Asia President during the AiP ceremony at Gastech 2019 (Houston, Texas).

LR awards DSME AiP for 98,000 m3 VLEC design with innovative steel and slosh-free tank

LR presents AiP to DSME at Gastech 2019, taking place this week in Houston, America.

Today, Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to Daewoo Shipbuilding & Marine Engineering Co., Ltd (DSME) for its 98,000 m3 Very Large Ethane Carrier...

http://www.allaboutshipping.co.uk/2019/09/18/lr-awards-dsme-aip-for-98000-m3-vlec-design-with-innovative-steel-and-slosh-free-tank/

+ More