Search results for: Puerto Rico

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A list of search results

  • 9 April 2019

    In 2018, Puerto Rico’s liquefied natural gas (LNG) imports neared 2016 annual levels, according to the recently released LNG Annual Report by the U.S. Department of Energy’s Office of Fossil Energy. Imports into Puerto Rico were disrupted in 2017 after Hurricane Maria made landfall as a Category 4 hurricane on September 20, 2017. Puerto Rico […]

  • 29 September 2017
    Business & Finance

    US Senators John McCain and Mike Lee have introduced legislation that would permanently exempt Puerto Rico from the Jones Act to aid recovery efforts in the wake of Hurricane Maria and encourage long-term economic growth. While the Trump administration granted a 10-day Jones Act waiver for Puerto Rico on September 28, the senators’ legislation, introduced […]

  • 3 November 2017
    Ports & Logistics

    Liquefied natural gas (LNG) imports to Puerto Rico have resumed after extensive damage from Hurricanes Irma and Maria. Hurricane Maria slammed into Puerto Rico on September 20 bringing devastating winds that knocked the majority of the island into one of its longest power outages since 2004. Several reports suggest that the majority of the island’s […]

  • 12 March 2015
    Business & Finance

    US cargo liner Horizon Lines has sold its San Juan, Puerto Rico container terminal assets and assigned its lease with the Puerto Rico Ports Authority to Luis Ayala Colon Sucrs. The companies entered and executed the Asset Purchase Agreement effective March 11, 2015. The Agreement follows Horizon Lines’ announcement on November 11, 2014 to cease providing […]

  • 12 April 2018
    Business & Finance

    USCG medevacs injured Chinese crewmember from the bulk carrier Bunum Hero on April 10 off Puerto Rico.

  • 17 October 2017
    Business & Finance

    Honolulu-based shipping company Pasha Hawaii intends to provide the US Jones Act vessel Horizon Spirit to ship hundreds of containers from the West Coast in support of hurricane relief and rebuilding efforts in Puerto Rico.  The Horizon Spirit serves as a drydock reserve ship in Pasha Hawaii’s container service between the mainland and Hawaii. In […]

  • 11 May 2015
    Business & Finance

    Crowley Puerto Rico Services, part of Jacksonville-based Crowley Holdings, has signed a USD 48.5 million construction contract for a new pier at its Isla Grande Terminal in San Juan, Puerto Rico. In conjunction with the investment, the company and the Puerto Rico Ports Authority (PRPA) have also concluded a 30-year lease extension for the Isla […]

  • 27 May 2019

    The U.S. Army Corps of Engineers has signed a partnership agreement to move forward to the design phase of the San Juan Harbor Navigation Improvements project in Puerto Rico.

  • 18 November 2015
    Business & Finance

    Crowley Puerto Rico Services, part of Jacksonville-based Crowley Holdings, has broken ground on a USD 48.5 million construction project for a new pier at its Isla Grande Terminal in San Juan, Puerto Rico. The project includes the development of a new 900-foot-long, 114-foot-wide concrete pier and all associated dredging needed to accommodate Crowley’s two new liquefied natural […]

  • 13 August 2013

    The Commonwealth of Puerto Rico imported 12 liquefied natural gas cargoes in the first half of this year, according to the U.S. DOE data. Puerto Rico imports LNG from Trinidad and Tobago via a regasification terminal and combined cycle power plant located in the Guayanilla Bay, near Peñuelas. Howewer, one LNG cargo in June was sourced […]

  • 18 November 2015
    Business & Finance, Equipment, Technology

    Crowley Puerto Rico Services Inc. has broken ground on a $48.5-million construction project for a new pier at its Isla Grande Terminal in San Juan, Puerto Rico. The project includes the development of a new 900-foot-long, 114-foot-wide concrete pier and all associated dredging needed to accommodate Crowley’s two new liquefied natural gas (LNG)-powered Commitment Class […]

  • 1 September 2016
    Business & Finance

    US-based liquefied natural gas company Pivotal LNG signed a multi-year agreement to sell liquefied natural gas (LNG) to Carib Energy, a subsidiary of Crowley Maritime Corp, which will then be shipped to Puerto Rico, according to Crowley. Under the contract, Pivotal will load LNG onto international shipping organization (ISO) containers, authorized by the US Department of Transportation […]

  • 22 March 2013
    Business & Finance

    The long-awaited General Accountability Office (GAO) study on the Jones Act in Puerto Rico shows that the U.S. domestic container shipping fleet has provided regular, reliable service while offering significant rate reductions, according to the American Maritime Partnership (AMP), an industry trade group. “GAO disproved charges that the Jones Act raises prices for consumers in […]

  • 17 October 2014
    Business & Finance, Project & Tenders

    Puerto Rico Government is looking for a major international port operator to partner with on the development of the Port of the Americas, located in Ponce, on the southern coast of the island. The Port of the Americas site sits on over 300 acres, located just 5 miles from Mercedita Airport, representing a tremendous opportunity for […]

  • 10 February 2014
    Business & Finance

    National Shipping of America (NSA), which operates a fortnightly service between Houston, Port Everglades, and Puerto Rico, has partnered with Rickmers-Linie (America) to provide more global connections to Puerto Rico shippers and greatly expand break bulk service opportunities to the island. Rickmers-Linie will also serve as general sales agent for National Shipping in North America. […]

  • 8 June 2005

    Jacksonville based Caribbean Shipping Services has been cited as the largest locally owned shipper to the Puerto Rico market by newly released statistics from the Jacksonville Port Authority. Puerto Rico is the Port of Jacksonville

  • 6 October 2017
    Ports & Logistics

    Cheniere’s Sabine Pass liquefaction terminal in Louisiana, currently the only such a facility to ship U.S. shale gas overseas, exported fewer cargoes of the fuel in the week ending October 5. According to the Energy Information Administration, three vessels with a combined LNG-carrying capacity of 11.2 billion cubic feet (Bcf) have departed the plant since […]

  • 8 August 2008

    SAN JUAN, Puerto Rico, August 6, 2008 – Horizon Lines, Inc., (NYSE:HRZ), the nation’s leading domestic ocean shipping and integrated logistics company, yesterday celebrated 50 years of service in Puerto Rico at an event for customers, vendors, labor leaders, government officials and staff held at the company’s San Juan marine terminal. Speakers at the ceremony […]

  • 8 June 2016

    The American Maritime Partnership (AMP) is opposing Rep. Gary Palmer’s (R-AL) proposed measure to exempt Puerto Rico from the Jones Act. The Palmer amendment to H.R. 5278, the Puerto Rico Oversight Management, and Economic Stability Act (PROMESA), if adopted, would allow foreign vessels to replace American ships and crews in the operation between the island […]

  • 1 May 2012

    Gas Natural Fenosa of Spain said it has started to supply natural gas to the Puerto Rico Electric Power Authority (PREPA), with which it has signed a contract to supply 2 bcm (2 billion cubic metres) over the next two years. This is the first natural gas supply contract signed by Gas Natural Fenosa in Puerto […]

  • 11 October 2017

    US Congressman Gary Palmer and Congresswoman Nydia Velázquez have introduced a legislation which would provide a 5-year moratorium of the Jones Act in Puerto Rico as the island recovers from a series of devastating hurricanes. They said that the Puerto Rico Humanitarian Relief Act would “provide relief from this burdensome regulation and allow Puerto Rico the opportunity […]

  • 4 October 2017
    Business & Finance

    At the direction of the Federal Emergency Management Agency and in support of the Government of Puerto Rico, the U.S Army Corps of Engineers, the Department of Defense, and the Puerto Rico Electric Power Authority (PREPA) took the first steps Sunday toward slowing the erosion of the Guajataca Dam’s damaged spillway.  Keeping the spillway functional is […]