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Cove Point

US Energy Dept OKs Cove Point LNG Export

Cove Point Terminal (Photo: Dominion)

The U.S. Energy Department said Thursday it has given the final approval for Dominion Resources to export liquefied natural gas (LNG) from its Cove Point, Maryland plant.   The Cove Point plant is investing $3.8 billion in new infrastructure to ship up to 0.77 billion cubic feet of LNG starting late in 2017 to countries with which the United States does not have free trade agreements.   The DOE said it conducted "an extensive careful review" of Dominion's applications and considered the economic, energy security and environmental impacts of the plant before approving the Cove Point shipments for 20 years.   Some environmentalists have fought Cove Point, believing the LNG trade would increase pollution from fracking in the United States. Others support greater development of natural gas as a replacement for coal.   The Sierra Club and several other green groups on Thursday filed suit in the District of Columbia Circuit court over a recent decision by the Federal Energy Regulatory Commission to approve the terminal.   Cove Point needs approval from both federal agencies.     (Reporting by Timothy Gardner; Editing by Andrew Hay and Bernadette Baum)


Vessels: The Ghosts of Cove Point Vanish

It was the late 1970s and El Paso Energy ran a liquefied natural gas (LNG) terminal known as Cove Point in the heart of the Chesapeake Bay — midway between the East Coast ports of Baltimore, Md. and Hampton Roads, Va. As the demand for gas waned, the terminal ceased operations after only two years, and it sat dormant for nearly two decades. Today the market for LNG is rising fast, with positive ripple effects being felt across the maritime niche


Coast Guard Finds Weaver Cove LNG Terminal Waterway Unsuitable

The Coast Guard announced its determination that the waterway approach to the proposed Weaver's Cove Liquefied Natural Gas terminal in Fall River, Mass., is unsuitable for LNG tanker traffic due to navigational safety challenges. In his letter of recommendation, the Captain of the Port and Commander of Coast Guard Sector Southeastern New England, Capt. Roy Nash, said that a segment of the transit route extending from Sandy Point to the Weaver's Cove site


Chesapeake Bay Enforces Safety and Security Zone

The U.S. Coast Guard is making permanent its current temporary safety and security zones at the Cove Point Liquefied Natural Gas (LNG) Terminal on Chesapeake Bay. Source: HK Law


US Finalizes Overhaul of Natural Gas Export Reviews

The U.S. Energy Department has finalized a plan to revamp its process for approving liquefied natural gas exports, and as originally proposed the changes eliminate conditional approvals for LNG projects. Beginning Thursday, the department will only issue final rulings on whether exports are in the public interest after the Federal Energy Regulatory Commission, or another authorized agency, has completed an environmental review of the project.


GAIL Postpones $7-bn LNG Ship Tender, Again

Image: GAIL India

 GAIL India has deferred a USD 7-billion tender for hiring nine newly-built ships to ferry liquefied natural gas (LNG) from the US by one month. Bids for the tender were to close on February 29 but now have been extended to March 31.   The state gas utility is seeking 9 LNG ships of cargo capacity of 1,50,000-1,80,000 cubic metres to help transport LNG it has tied up from Sabine Pass and Cove Point LNG projects in the US, with supplies slated to start from December 2017. 


Weaver's Cove Offers Plan for LNG Shipments

Weaver's Cove Energy plans to use liquefied natural gas transports that are even smaller than the second set of vessels it specified in recent updates to its proposal to operate an LNG plant on the Taunton River and newer, stronger tug boats to guide them, the company said. According to South Coast Today, more LNG tankers, however, will sail to Fall River under the change because of the lower capacity of the vessels and because tankers once earmarked to go to a proposed Providence terminal


NY Security Advisory

The U.S. Coast Guard expanded the advisory notice issued Saturday to include all waters within 100 yards of the southern Manhattan Pierhead Line between the North Cove Yacht Harbor and the Brooklyn Bridge. Recreational vessels are not authorized to operate within this area, except for those requiring access to the North Cove Yacht Harbor. Ferries and charter boats that normally operate in this area and recreational vessels requiring access to the yacht harbor must contact the USCG


This Day in Coast Guard History – April 26

1898- During the Spanish-American War, Morrill, Hudson, and Hamilton, formerly Revenue Cutters and recently armed for service in the so-called "Mosquito Fleet," passed through Hampton Roads and after asking formal permission of the Commodore, proceeded to Key West.  From that point they joint the Navy ship's of the Cuban blockading fleet. 1899-On April 26, the Revenue Cutter Service signed a lease with two prominent Baltimore landowners for 36 acres of farmland surrounding


F/V Deep Sea Refloated

Bow above water web.jpg

Global Diving & Salvage, Inc. successfully rigged and refloated the sunken 140-foot fishing vessel.   The abandoned and derelict fishing vessel Deep Sea, while at anchor in Penn Cove, WA, caught fire and sank in 60 feet of water. The U.S. Coast Guard and Washington State Department of Ecology (DOE) responded and deployed boom to contain the leaking fuel oil in an effort to protect the world renowned mussel and clam fishery in the cove.


Baltic Index Falls for Third Straight Day

File Image: A FedNav Bulk Vessel (FedNav)

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the third straight day on Thursday due to weaker rates for larger vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Baltic Index Falls on Weak Freight Rates

Freight rates across most bulk sectors fell on Monday. File Image (Credit BSM)

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Monday due to weaker rates across all segments, except handysizes. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Broad Declines drag Baltic Index down

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Tuesday on lower rates for capesize, panamax and supramax vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Baltic Index Down as Rates for Large Vessels Stay Weak

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Wednesday on weaker rates for larger vessels and supramaxes.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Baltic Index Continues Rise on Stronger Panamax Demand

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, continued its rise on Wednesday on higher demand for panamax vessels, partially offset by a fall in capesize demand.   The overall index, which factors in rates for capesize, panamax


Higher Panamax Demand Boosts Baltic Index

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday on increased demand for panamax vessels.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up five points, or 0


Baltic Index Rises on Strong Demand for Panamax Vessels

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose further on Friday due to strong demand for panamax vessels.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Baltic Index Rises on Higher Panamax Rates

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose slightly on Monday on higher rates for panamax vessels.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up one point


Higher Panamax Rates Boost Baltic Index

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, gained on Tuesday as rates rose for panamax and smaller vessels.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up 7 points


Baltic Index Rises on Higher Freight Rates

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Wednesday on stronger rates across all vessel sizes.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up 15 points


Baltic Index Rises on Freight Rates

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, extended its rally on Thursday, driven by higher rates across all vessel types.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Higher Rates Continue to Perk Up Baltic Index

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Friday, boosted by stronger rates across all vessel segments.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Baltic Index Firms on Panamax, Smaller Vessels

File image: a Bulk carrier underway (BSM)

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Monday on firmer rates for panamaxes and smaller vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up 3 points, or 0


Baltic Index Dips on Capesize Rates

File image: a typical bulk carrier underway (BSM)

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Tuesday on weaker capesize vessel rates. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was down 2 points, or 0


Capesize, Panamax Vessels Drag down Baltic Index

file image: a so-called ValeMax Bulk Carrier (Vale)

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Wednesday due to weaker rates for capesize and panamax vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels






 
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