Shipping Executive Cautions LNG Charterers
Posted on Apr 5, 2006 in Markets and Competition, Vessel Transportation | Comments Off on Shipping Executive Cautions LNG Charterers
An industry financier says that some shipowners would like LNG industry chartering practices to emphasize quality of service as well as cost. According to Gaurav Seth, head of global LNG shipping at Societe Generale Corporate & Investment Banking, “Trying to proceed just on price is putting off a few shipowners and financiers.” Read more in today’s Lloyd’s...
New Brunswick MP Opposes LNG Traffic in Canadian Waters
Posted on Apr 3, 2006 in Canada & Mexico, Regas Terminals & Capacity, State and Local Issues, Vessel Transportation | Comments Off on New Brunswick MP Opposes LNG Traffic in Canadian Waters
Canadian Veteran Affairs Minister Greg Thompson says that Ottawa will not allow LNG tankers heading toward the three import terminals proposed for Passamaquoddy Bay in Main to transit Canadian waters, which the vessels would have to do in order to reach the proposed terminals. “We have stated that we will use every legal and diplomatic means to defend our position, which is...
Maine Ship Pilots to Attend LNG Ship Training in France
Posted on Mar 31, 2006 in Regas Terminals & Capacity, State and Local Issues, Vessel Transportation | Comments Off on Maine Ship Pilots to Attend LNG Ship Training in France
The Bangor Daily News today reports that two local ship pilots from Perry, Maine will learn how to maneuver LNG vessels at a one-week training course in France. The specialized training will prepare them to guide tankers en route to the three import terminals proposed for Passamaquoddy Bay. The article highlights that while the Maine DOT and the Department of Environmental Protection...
St. Andrews Mayor Opposes LNG Tanker Traffic in Canadian Waters
Posted on Mar 29, 2006 in Canada & Mexico, Regas Terminals & Capacity, State and Local Issues, Vessel Transportation | Comments Off on St. Andrews Mayor Opposes LNG Tanker Traffic in Canadian Waters
A report in today’s Bangor Daily News says that Mayor John Craig of St. Andrews, New Brunswick expressed his opposition to the passage of LNG tankers en route to the proposed Passamaquoddy Bay import terminals. “No LNG tankers will move through Head Harbour Passage, and internal Canadian waters in Passamaquoddy Bay are closed to LNG tankers – period,” Craig said at an...
Growing LNG Trade Spurs Development of Larger Vessels
Posted on Mar 27, 2006 in Markets and Competition, Vessel Transportation | Comments Off on Growing LNG Trade Spurs Development of Larger Vessels
The prospect of longer voyages and increasing international demand for imported natural gas may translate into larger LNG vessels in the future. According to Oil Daily from March 24, some companies are looking into building tankers that are twice the size of current 138,000 m3 vessels because of anticipated economic savings. “The percentage of savings is not linear with ship...
Fall River: Weaver’s Cove Will Need Supplemental EIS
Posted on Mar 22, 2006 in Federal Regulation, Regas Terminals & Capacity, State and Local Issues, Vessel Transportation | Comments Off on Fall River: Weaver’s Cove Will Need Supplemental EIS
One of the attorneys representing Fall River, Mass. asserts that, if FERC chooses to reopen the Weaver’s Cove proceeding, a supplemental DEIS and FEIS may be required. “If it [FERC] is not disposed to dismiss the application, it will have to commence a rather prolonged review process, including allowing additional public comment,” said Edward Berlin. His remarks come...