MARAD Approves Surrender of Port Dolphin Energy Deepwater Port License
Posted on May 11, 2016 in Federal Regulation, Marine Regulation, Markets and Competition, Regas Terminals & Capacity | Comments Off on MARAD Approves Surrender of Port Dolphin Energy Deepwater Port License
The U.S. Maritime Administration (MARAD) has granted Port Dolphin Energy’s request to surrender and terminate its Deepwater Port License authorizing it to own, construct and operate an LNG deepwater port approximately 28 miles off the western coast of Florida, and approximately 42 miles from Port Manatee, Manatee County, Florida. In October 2015, FERC granted Port Dolphin Energy’s request to vacate its certificate authority to construct and operate the onshore portion of a pipeline, which would interconnect to Port Dolphin Energy’s proposed deepwater port LNG import terminal due to market conditions.