Texas LNG’s Brownsville Project Progressing
Texas LNG appoints BNP Paribas as financial adviser for Brownsville LNG project, progresses FERC pre-filing process and completes over 60 percent of front end engineering and Design for facility. Texas LNG Brownsville LLC announced that BNP Paribas has been appointed as financial adviser for the Brownsville project. BNP Paribas will assist Texas LNG in the raising of equity and debt financing for the total capital requirements of the Project, including the execution of definitive transaction documents for achieving final investment decision (FID) and project construction.
South Texas Coast Guard Receives Response Boat
U.S. Coast Guard crews at Station South Padre Island have completed the qualification and trial run process, Tuesday, for the new 45-foot-Response Boat-Medium that was delivered to the station in late February. The training focused on acclimating the crews to the boat's advanced response capabilities. With twin diesel engines using water-jet propulsion, the RB-M can respond faster than previous boats of similar size and has a top speed in excess of 40 knots. It has advanced search capability with an installed forward-looking infrared search technology. Additionally, with twin jet propulsion, the vessel is extremely maneuverable and is better suited to respond to mariners in distress and law enforcement operations.
Maritime Administrator Matsuda Tours Port of Brownsville
The U.S. Department of Transportation’s Maritime Administrator David Matsuda toured the site of a planned marine cargo dock at the Port of Brownsville that will help transform this vital port into a hub for international trade. The proposed infrastructure improvements are being made possible, in part, through a $12 million TIGER (Transportation Investment Generating Economic Recovery) discretionary grant from the U.S. Department of Transportation (DOT). Administrator Matsuda was joined on his tour by Congressman Filemon Vela, Port Director Eduardo A. Campirano and state officials.
