The 2015-built LNG multi-gas carrier JS Ineos Intrepid. Image via INEOS.
Swiss petrochemical company INEOS has announced that the first cargo of ethane to be exported from Enterprise’s Morgan’s Point, Texas terminal has been loaded aboard the multi-gas carrier JS INEOS Intrepidset.
The INEOS Intrepid, built in 2015, is the first ship to export ethane out of Marcus Hook near Philadelphia in March as well as the new Morgan’s Point terminal on the Gulf Coast
The Morgan’s Point ethane export facility, which is the largest of its kind in the world, can load at a rate of 10,000 barrels per hour.
“This is another significant development for INEOS Olefins & Polymers as it secures additional ethane from the USA. It complements our needs for competitive raw materials for our European cracker complexes,” said David Thompson CEO of INEOS Trading and Shipping.
By Susanne Barton Sep 6, 2025 (Bloomberg) –Microsoft Corp. said Saturday it’s no longer detecting issues with its Azure cloud platform after multiple international cables in the Red Sea were cut. ...
COSCO Shipping Ports is facing "challenges" with its international investments amid pressures from the U.S. trade war, its managing director said in Hong Kong on Thursday.
China is threatening to block the sale of more than 40 ports, owned by Hong Kong-based CK Hutchison, to BlackRock and Mediterranean Shipping Company (MSC) if Chinese shipping company Cosco does not get a stake, the Wall Street Journal reported on Thursday, citing unnamed sources.
July 17, 2025
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