License Processing Work News

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.