POLB Gives New Oil Terminal a Green Light

Press Release
Monday, March 11, 2013
Plan Pier 'T': Image credit Port of Long Beach

The Long Beach Board of Harbor Commissioners inks Letter of Intent to study development of a a 28-acre site on Pier T.

The project is to construct a deep-water terminal for crude oil and petroleum products including gasoline, and the port has chosen Vopak Terminals North America Inc. to study the development.

The preliminary agreement between the Port and Vopak sets basic deal terms and green-lights an environmental impact study of a “liquid bulk” terminal for petroleum tanker ships. The terminal would be the fourth crude oil terminal in the Port of Long Beach, and the first in the port complex since 1983. All relevant environmental, safety and security issues would be reviewed as part of the environmental study.

It would take up to 4½ years to do a full environmental review, design, permit and construct the new terminal. If the environmental impact report, or EIR, is certified and plans approved, the Port would conduct about $37 million worth of dredging and other waterside improvements, and Vopak would invest $120 million on land-side improvements for the first phase of construction.

Preliminary estimates show that the first phase would generate nearly 1,200 jobs for the 1½-year construction period. More refined job estimates will follow as construction plans and schedules are further developed for the EIR.

On land, the terminal would be served by nearby pipeline connections to oil and petroleum product distribution facilities and oil refineries.

Vopak is a division of the Rotterdam, Netherlands-based Royal Vopak, the world’s largest operator of liquid bulk marine facilities.

The Port currently has three crude oil terminals: a BP terminal on Pier T, a BP Terminal on Pier B and a Tesoro terminal on Pier B.
In 2010, the Port invited proposals from the industry to develop and lease the “Pier Echo” site, which is part of the former U.S. Navy site. The Port received three proposals, including Vopak’s. The proposed terminal would include the latest safety standards and would help modernize the state’s aging oil-transfer infrastructure.

Estimated annual throughput at the Vopak terminal would range from 21 million to 55 million barrels of oil per year. Currently, about 200 million barrels of oil is brought into the Port of Long Beach each year. Under the preliminary agreement, the Port would receive at least $2.9 million annually in revenue once the terminal is constructed, for phase one. The project would have up to three phases.

 

Maritime Reporter August 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Korea Shipbuilder Wins US$400-M Greek Order

Daewoo Shipbuilding & Marine Engineering Co., South Korea’s second-largest shipbuilder, says it has signed a contract to build 4 tankships for Maran Tankers Management,

Rolls Royce Marine Awarded LCS Engine Repair Contract

U.S. Department of Defense informs that Rolls Royce Marine North America, Walpole, Massachusetts, is being awarded a US$9,000,000 firm-fixed-price repair order

ABS President Wiernicki Signs New MARAD Agreement

The American Bureau of Shipping (ABS) informs that it has entered into a new Memorandum of Agreement (MOA) establishing the policies and procedures regarding the

Ports

Tuco Marine Sells First ProZero Fast Workboat

Tuco Marine Group says that it has sold its first boat shortly after the launch of ProZero, the new range of boats for the professional market. The vessel was sold

Port Of Los Angeles & MBDA at USC Team Up to Promote Trade

The Port of Los Angeles and the U.S. Department of Commerce Minority Business Development Agency (MDBA) Center at the University of Southern California will

Redwood City Sees Cargo Movement Boost

Port of Redwood City reports 19% increase in cargo movement; highest since 2006 and third highest in modern history Reflecting a significant increase in construction

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Repair Ship Simulators 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: 0.1637 sec (6 req/sec)