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Cove Point

US Energy Dept OKs Cove Point LNG Export

Cove Point Terminal (Photo: Dominion)

The U.S. Energy Department said Thursday it has given the final approval for Dominion Resources to export liquefied natural gas (LNG) from its Cove Point, Maryland plant.   The Cove Point plant is investing $3.8 billion in new infrastructure to ship up to 0.77 billion cubic feet of LNG starting late in 2017 to countries with which the United States does not have free trade agreements.   The DOE said it conducted "an extensive careful review" of Dominion's applications and considered the economic, energy security and environmental impacts of the plant before approving the Cove Point shipments for 20 years.   Some environmentalists have fought Cove Point, believing the LNG trade would increase pollution from fracking in the United States. Others support greater development of natural gas as a replacement for coal.   The Sierra Club and several other green groups on Thursday filed suit in the District of Columbia Circuit court over a recent decision by the Federal Energy Regulatory Commission to approve the terminal.   Cove Point needs approval from both federal agencies.     (Reporting by Timothy Gardner; Editing by Andrew Hay and Bernadette Baum)


Vessels: The Ghosts of Cove Point Vanish

It was the late 1970s and El Paso Energy ran a liquefied natural gas (LNG) terminal known as Cove Point in the heart of the Chesapeake Bay — midway between the East Coast ports of Baltimore, Md. and Hampton Roads, Va. As the demand for gas waned, the terminal ceased operations after only two years, and it sat dormant for nearly two decades. Today the market for LNG is rising fast, with positive ripple effects being felt across the maritime niche


Chesapeake Bay Enforces Safety and Security Zone

The U.S. Coast Guard is making permanent its current temporary safety and security zones at the Cove Point Liquefied Natural Gas (LNG) Terminal on Chesapeake Bay. Source: HK Law


US Finalizes Overhaul of Natural Gas Export Reviews

The U.S. Energy Department has finalized a plan to revamp its process for approving liquefied natural gas exports, and as originally proposed the changes eliminate conditional approvals for LNG projects. Beginning Thursday, the department will only issue final rulings on whether exports are in the public interest after the Federal Energy Regulatory Commission, or another authorized agency, has completed an environmental review of the project.


GAIL Postpones $7-bn LNG Ship Tender, Again

Image: GAIL India

 GAIL India has deferred a USD 7-billion tender for hiring nine newly-built ships to ferry liquefied natural gas (LNG) from the US by one month. Bids for the tender were to close on February 29 but now have been extended to March 31.   The state gas utility is seeking 9 LNG ships of cargo capacity of 1,50,000-1,80,000 cubic metres to help transport LNG it has tied up from Sabine Pass and Cove Point LNG projects in the US, with supplies slated to start from December 2017. 


Oregon County Mulls LNG Terminal Ban

File Image (CREDIT: AdobeStock / (c) Fotmart)

A coastal Oregon county will vote Tuesday on a ballot measure to block a proposed natural gas terminal, the latest in a series of efforts to thwart energy projects across the Pacific Northwest.   The measure would ban transport of fossil fuels not intended for local use through Coos County, located about 200 miles (322 kms) south of Portland.   Backers have called the initiative a response to a $7.6 billion proposal by Calgary-based Veresen Inc


Weaver's Cove Offers Plan for LNG Shipments

Weaver's Cove Energy plans to use liquefied natural gas transports that are even smaller than the second set of vessels it specified in recent updates to its proposal to operate an LNG plant on the Taunton River and newer, stronger tug boats to guide them, the company said. According to South Coast Today, more LNG tankers, however, will sail to Fall River under the change because of the lower capacity of the vessels and because tankers once earmarked to go to a proposed Providence terminal


Coast Guard Finds Weaver Cove LNG Terminal Waterway Unsuitable

The Coast Guard announced its determination that the waterway approach to the proposed Weaver's Cove Liquefied Natural Gas terminal in Fall River, Mass., is unsuitable for LNG tanker traffic due to navigational safety challenges. In his letter of recommendation, the Captain of the Port and Commander of Coast Guard Sector Southeastern New England, Capt. Roy Nash, said that a segment of the transit route extending from Sandy Point to the Weaver's Cove site


This Day in Coast Guard History – April 26

1898- During the Spanish-American War, Morrill, Hudson, and Hamilton, formerly Revenue Cutters and recently armed for service in the so-called "Mosquito Fleet," passed through Hampton Roads and after asking formal permission of the Commodore, proceeded to Key West.  From that point they joint the Navy ship's of the Cuban blockading fleet. 1899-On April 26, the Revenue Cutter Service signed a lease with two prominent Baltimore landowners for 36 acres of farmland surrounding


F/V Deep Sea Refloated

Bow above water web.jpg

Global Diving & Salvage, Inc. successfully rigged and refloated the sunken 140-foot fishing vessel.   The abandoned and derelict fishing vessel Deep Sea, while at anchor in Penn Cove, WA, caught fire and sank in 60 feet of water. The U.S. Coast Guard and Washington State Department of Ecology (DOE) responded and deployed boom to contain the leaking fuel oil in an effort to protect the world renowned mussel and clam fishery in the cove.


Weaker Panamax Rates Weigh on Baltic Index

File photo: Star Bulk

The Baltic Exchange's main sea freight index fell slightly on Monday, as sliding panamax rates offset gains in capesize earnings.   The Baltic index, which tracks rates for ships carrying dry bulk commodities, was down for the sixth straight session.  


Weaker Vessel Rates Weigh on Baltic Index

© fresh_water / Adobe Stock

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the seventh session on Tuesday, weighed down by falling rates for most vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Weak Demand Drags Down Baltic Index

© sergeevspb / Adobe Stock

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell to its lowest in nearly three months on Wednesday on weaker demand across all vessel segments. The overall index, which factors in rates for capesize, panamax


Baltic Index Falls to Lowest Since Early March

© Volodymyr Kyrylyuk / Adobe Stock

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, on Thursday fell to its lowest since early March as demand slowed across all vessel segments. The overall index, which factors in rates for capesize, panamax


Baltic Index Dips on Panamax, Smaller Vessel Rates

© a_medvedkov / Adobe Stock

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, slipped on Friday, as gains in capesize rates failed to offset lower rates for panamax and smaller vessels. The overall index, which considers rates for capesize, panamax


Baltic Index Halts 13-session Losing Streak

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The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, edged up on Monday to snap a 13-session losing streak, supported by firmer demand for capesize vessels. The overall index — which considers rates for capesize, panamax


Vestdavit Brings New Davit Lifting Force to Market

The new PAP-16000 single point davit from Vestdavit (Photo: Vestdavit)

Vestdavit has completed its largest ever single-point A-frame davit for over the side boat handling, rising to the continuing challenge set by customers to be able to launch and retrieve ever larger workboats from their ships.   The first PAP-16000 davit


Baltic Index Up On Higher Capesize Rates

© norinut / Adobe Stock

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, crawled up for the second straight session on higher rates for capesize vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Baltic Index Dips on Weaker Smaller Vessel Demand

© Khomyakov / Adobe Stock

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, was marginally down on Wednesday as demand for smaller vessels eased. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Baltic Index Gains On Firmer Capesize Rates

File Image (CREDIT: AdobeStock / (c) Lucasz Z)

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, inched higher on Thursday helped by stronger rates for capesize vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Capesize Rates Nudge Baltic Index Up Again

File Image (CREDIT: AdobeStock / (c) Lidia n Neeleman)

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose marginally on Friday on stronger rates for capesize vessels.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up 2 points


Baltic Index Falls on Lower Iron Ore Demand

© corlaffra / Adobe Stock

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell 2 percent on Monday as lower demand for iron ore fixtures hit capesize rates. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Oregon County Won't Block LNG Terminal

File Image: Credit QGTC

A coastal Oregon county overwhelmingly rejected a ballot measure aimed at blocking a proposed natural gas terminal dealing a blow to what was the latest in a series of efforts to thwart energy projects across the Pacific Northwest.   The measure, had it passed


Baltic Index Slides for 4th Straight Day

© jcfmorata / Adobe Stock

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the fourth straight session on Thursday, pressured by lower panamax vessel rates. The overall index, which factors in rates for capesize, panamax


Baltic Index Inches Down

File photo: NORDEN

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, edged lower on Friday on weaker rates for smaller vessels.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels






 
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