Calypso Withdraws Deepwater Application

Friday, February 27, 2009

On February 25, 2009, Calypso LNG, LLC informed the Maritime Administration and the U.S. Coast Guard it will cease all license processing work on the Calypso Deepwater Port LNG project, fully withdrawing its application from consideration at this time.  As such, Calypso will not pursue the necessary approvals from the Maritime Administration or the state to license their proposed energy receiving facility off the coast of Florida.

In 2007, Calypso (and its parent company, GDF Suez Energy North America) negotiated a landmark LNG tanker U.S.-flag and crew agreement with the Maritime Administration to operate its deepwater port with over 100 highly trained and well paid U.S. citizen mariners when it became operational. 

The Maritime Administration and Calypso remain committed to the long-term value of liquefied natural gas as a new source of clean, reliable and secure energy, and hold out the hope that the company may resubmit the application at a later date and under more favorable conditions.  

The Maritime Administration will continue to actively seek U.S. manning and flagging agreements with its entire pool of applicants. 

Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Ensco Announces Cash Tender Offer

Ensco plc announced today that it has commenced a cash tender offer to purchase any and all of its outstanding 3.25% Senior Notes due 2016 (CUSIP No. 29358QAB5).

Seadrill: Rig Rates Have Not Bottomed

The market for oil and gas drilling rigs continues to deteriorate as oil companies cut back on investments, Seadrill Chief Financial Officer Rune Magnus Lundetrae

‘Blue Queen’ on First Mission

The platform supply vessel 'Blue Queen', an ULSTEIN PX121 design, was named at Ulstein Verft on Friday 27 February. The ship will be working in the spot market.

 
 
Maritime Careers / Shipboard Positions Maritime Security Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1114 sec (9 req/sec)