Latest market news

Freezing weather keeps Texas ports shut

  • : Agriculture, Biofuels, Chemicals, Coal, Coking coal, Crude oil, Freight, LPG, Metals, Natural gas, Oil products, Petrochemicals, Petroleum coke
  • 21/02/17

The Houston Ship Chanel and Port of Houston were closed to all vessel traffic at 7:30pm ET yesterday because of freezing weather in the area, according to the US Coast Guard.

As of 8:30am ET today six vessels were waiting to enter the channel, and four vessels were waiting to exit the channel, according to shipping agency Moran Shipping.

The Texas ports of Galveston and Texas City, which closed to all vessel traffic at 7pm ET on 14 February, remained closed today. The ports of Port Arthur, Beaumont and Orange closed to all vessel traffic yesterday at 4:30pm ET, while Corpus Christi closed to all vessel traffic yesterday at 11:50pm ET and Freeport closed today at 7:45am ET.

Today is the fourth straight day that Texas ports have been restricted because of freezing weather.


Business intelligence reports

Get concise, trustworthy and unbiased analysis of the latest trends and developments in oil and energy markets. These reports are specially created for decision makers who don’t have time to track markets day-by-day, minute-by-minute.

Learn more