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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.


Falling Capesize Rates Weigh on Baltic Index

© Martin Lueke / Adobe Stock

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Wednesday on weaker rates for capesize vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was down 10 points, or 0


Baltic Index Inches Up on Firmer Panamax Rates

Photo: FotoFlite / DS Norden

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, edged up on Thursday as panamax rates increased. The overall index, which also factors in rates for capesize, supramax and handysize vessels, closed up 6 points, or 0.5 percent, at 1,196 points


Baltic Index Rises to Over 4-month High

© Volodymyr Kyrylyuk / Adobe Stock

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, closed at its highest level in more than four months, helped by stronger rates across all vessel segments.   The overall index, which factors in rates for capesize, panamax


Baltic Index Rises on Strong Demand for Larger Vessels

© Lidian Neeleman / Adobe Stock

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, hit a more than two-year high on Monday on higher demand for larger vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Baltic Index Boosted by Stronger Capesize Rates

File Image: A bulk vessel unloading in port (CREDIT: Lidian Neeleman AdobeStock)

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday, helped largely by stronger rates for capesizes.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Baltic Index Climbs to Three-month High

Handysize bulk carrier (Photo: © Pacific Basin)

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, closed at its highest level in three months on Friday, supported by robust capesize rates. The overall index, which factors in rates for capesize, panamax


Fleet's Support Capability Gets Sirius Boost

HMAS Sirius passes the Sydney Opera House to commence her journey back to her home port in Western Australia. Photo: Royal Australian Navy

 The Royal Australian Navy’s replenishment capability is operating at capacity once again with HMAS Sirius back in the brine after four months of maintenance at Captain Cook Graving Dock, Garden Island.   The fleet tanker cut an impressive figure against the city skyline as she


Baltic Index Up for Ninth Straight Session

© Volodymyr Kyrylyuk / Adobe Stock

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for a ninth straight session on Monday, helped by stronger capesize rates. The overall index, which also factors in rates for panamax, supramax and handysize shipping vessels


Baltic Index Up for 10th Straight Session

© momentscatcher / Adobe Stock

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for a tenth straight session on Tuesday, helped by higher rates for capesize vessels. The overall index, which also factors in rates for panamax, supramax and handysize shipping vessels


Baltic Index Gains on Robust Capesize Rates

© EvrenKalinbacak / Adobe Stock

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, jumped to a more-than-three-month high on Wednesday, as rates for capesize vessels soared. The overall index, which also factors in rates for panamax, supramax and handysize shipping vessels


Baltic Index Hits Over 3-month Peak on Capesize Rally

© a_medvedkov / Adobe Stock

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to an over three-month high on Thursday, buoyed by a surge in capesize vessel activity.   The overall index, which factors in rates for capesize, panamax


Irving Shipbuilding Invests in Ocean Technology Programs

Irving Shipbuilding Inc. said it has made a multimillion dollar investment to support marine innovation and commercialization in Nova Scotia and across Canada.    The shipbuilder is investing $4.52 million in the newly established Centre for Ocean Ventures and Entrepreneurship (COVE)


Strong Capesize Rates Keep Baltic Index at over 3-month High

© lidian neeleman / Adobe Stock

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to a fresh over three-month peak on Friday as capezise rates rallied.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Robust Capesize Vessel Rates Buoy Baltic Index

File photo: Star Bulk

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for the 14th straight session on Monday as capesize rates strengthened. The overall index, which also factors in rates for panamax, supramax and handysize shipping vessels, climbed 9 points


Baltic Index Snaps 14-day Winning Streak

© jieophoto / Adobe Stock

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, snapped a 14-session winning streak on Tuesday as rates for larger vessels fell. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels






 
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