This order marks the next phase in QatarEnergy’s ship acquisition program, which supports the expansion of its Golden Pass LNG export and North Field LNG projects.
The funding will go towards improving the movement of goods along navigable U.S. waterways and expanding existing services in Alaska, Illinois, Indiana, Louisiana, Texas, Washington and Wisconsin.
The daily limits have contributed to a backlog of 116 vessels waiting to cross, well above normal, but below the more than 200 ships that were stuck last month.
It could take a while to really cut emissions, because it would still be cheaper to pay for the emissions rather than use more expensive marine biofuels.
The latest news, analysis, services and systems regarding ocean transportation and its impact on global supply chains. Today’s companies are transporting and delivering container shipments in a more efficient manner than ever before using new services and technologies that provide information en route - allowing them to stay ahead of the competition in their industries. As ocean cargo services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using ocean shipping solutions to power their supply chains.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.