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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter July 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Baltic Index Falls on Weak Freight Rates

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Monday due to weaker rates across all segments, except handysizes.

As Market Sours, LPG Tankers Anchor off Singapore

Record U.S. LPG exports to Asia flip market into a glut. Last year, liquefied petroleum gas (LPG) supplied to Asia was being snapped up by petrochemical makers.

Eni Cancels Vessel Deal with Viking Supply Ships

Viking Supply Ships A/S (VSS) has received an early termination notice of the contract for the Ice-class 1A AHTS “Njord Viking”. The vessel has been working for

Ports

Port of Rotterdam Throughput Dips in 2016

Compared to the first half of 2015, which saw throughput increased by 6.8 percent, the Port of Rotterdam handled 3 percent less cargo in the first six months of 2016,

Libyan Deal to End Oil Ports Blockade Needs Signing

Libyan Petroleum Facilities Guard (PFG) commander Ibrahim Jathran said on Monday he was ready to end a blockade at key oil terminals, but the U.N.-backed government

Seago Line Introduces New Vessel to Liverpool Service

Maersk subsidiary Seago Line has introduced a new vessel to its recently created feeder service calling at Liverpool. The Independent Accord has already started

 
 
Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Navigation Offshore Oil Pipelines Port Authority Salvage Sonar Winch
rss | archive | history | articles | privacy | 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: 0.0855 sec (12 req/sec)