ILTA sees STB demurrage billing proposal as ‘positive development,’ hopes to work with the board moving forward

Arlington, VA, October 7, 2019—Kathryn Clay, president of the International Liquid Terminals Association, today welcomed the Surface Transportation Board’s October 7 proposed rule to address unfair demurrage billing practices but cautioned that the proposal may not go far enough in practice to solve the problems faced by some in the terminal industry. “ILTA appreciates that…

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Press Release: Topaz’s Caspian Voyager enters Extended Dry-Docking Scheme with ABS

Topaz was an exhibitor at the recent Breakbulk conference held in Houston. 24 September 2019 Delivered Through Visionary Partnership with Azerbaijan State Maritime Agency (DUBAI) – 24 September  2019 – ABS and Topaz Energy and Marine, a leading offshore energy logistics company, have, together with the State Maritime Agency under the Ministry of Transport, Communications…

Press Release From CompressorTech2 Magazine: INNIO Makes More Cuts At Waukesha Facility

INNIO Waukesha is “instituting a partial business closing” of its facility in Waukesha, Wisconsin, which produces Waukesha gas engines. The move will eliminate 75 to 120 hourly positions from the facility’s current 153, the company told the state of Wisconsin in its layoff notice. The company will begin eliminating positions Dec. 31. General Electric formerly…

Marshall Herds Rice Into A Loss, 20 – 7

Rice and Marshall squared off for a football contest at Rice Stadium on November 2, 2019.  Marshall is a university located in Huntington, West Virginia.  I remember them because I used to live in NW West Virginia.  Going into this game, I really thought this could be a win for Rice, but I was wrong.…

By The Numbers, 10/30/2019

The EIA published its Weekly Petroleum Status Report.  Here are some highlights.  All items are in millions of barrels per day except inventories, which is billions total.  Dates are defined as week ending averages, except utilization rate which is a four week ending average.  The full report can be found here. Item 10/25/19 10/18/19 Refinery…