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Tag Archives: shipping

Report: Iran still fails to recover drowned pipelines after over a year

pipeline

Iranian Offshore Engineering and Construction Company (IOEC) has failed to recover a 60-billion rials (some $2.1 million based on the exchange rate of USD at the free market) cargo of pipeline drowned in the Persian Gulf over a year ago, Iran’s PANA News Agency reported on Jan.22. The managing director of IOEC, Ali Taheri, had promised that the cargo would ...

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Oil Company Looks To Great Lakes As Shipping Demand Booms

great lakes

Jack Rendulich/AP/Image Credit North Dakota and western Canada are producing crude oil faster than it can be shipped to refineries. Rail car manufacturers can’t make new tank cars fast enough, and new pipeline proposals face long delays over environmental concerns. So energy companies are looking for new ways to get the heavy crude to market. One proposed solution is to ...

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Great Lakes crude shipping plans put on hold

great lakes

  The Great Lakes have been spared the ignominy of becoming a conveyor for crude oil fracked at North Dakota’s Bakken fields. At least for now. Plans to build a crude shipping terminal at Duluth, Minn., on the western shore of Lake Superior, have been shelved because of a lack of refining capacity on the East Coast. From Wisconsin Public ...

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