Broker Wants Lower Insurance Rates for Highly Trained LNG Shipping Crew
Posted on Nov 8, 2005 in Vessel Transportation | Comments Off on Broker Wants Lower Insurance Rates for Highly Trained LNG Shipping Crew
The insurance industry should offer decreased rates to owners of LNG tankers with highly qualified personnel, says Steve Allum, chairman of Aon’s global marine practice. His recommendation coincides with an expanding fleet and the fear that an incompetent crew may compromise the LNG shipping sector’s exceptional track record for safety. Today’s Lloyd’s List has...
Public Hearings for Weaver’s Cove Dredging Request Scheduled for December
Posted on Nov 7, 2005 in Pipelines, Regas Terminals & Capacity, State and Local Issues, Vessel Transportation | Comments Off on Public Hearings for Weaver’s Cove Dredging Request Scheduled for December
The Army Corps of Engineers has scheduled public hearings for Dec. 14 in Fall River, Mass., and Dec. 15 in Bristol, Rhode Island to discuss Weaver’s Cove Energy and Mill River Pipeline’s request to dredge the Mount Hope Bay shipping channel to enable the passage of LNG tankers. The news release is...
Rep. Frank Says Hess LNG Is Distorting the U.S. Constitution
Posted on Nov 4, 2005 in Regas Terminals & Capacity, State and Local Issues, Vessel Transportation | Comments Off on Rep. Frank Says Hess LNG Is Distorting the U.S. Constitution
Hess LNG said in a letter to Secretary Stephen Pritchard of the Massachusetts Environmental Policy Act Office that a provision outlawing the use of federal capital to tear down the old Brightman Street Bridge is constitutionally “flawed”. U.S. Rep. Barney Frank, D-Mass., alleged in a letter to Prichard on Wednesday that Hess’ allegation is a distortion of the U.S....
Incidents in LNG-Shipping Sector Trouble Some Industry Insiders
Posted on Oct 28, 2005 in Vessel Transportation | Comments Off on Incidents in LNG-Shipping Sector Trouble Some Industry Insiders
Some industry officials are wondering if the minor mishaps involving LNG carriers may undermine LNG’s laudable safety record and distance skeptics in the public. An article in today’s TradeWinds has the story. [Subscription...
120 Vessels Expected to Be Built in Next Five Years, Says Lloyd’s List
Posted on Oct 24, 2005 in Vessel Transportation | Comments Off on 120 Vessels Expected to Be Built in Next Five Years, Says Lloyd’s List
Today’s Lloyd’s List reports that approximately 120 LNG tankers are expected to be built in the next five years to satisfy the increasing demand for liquefied natural gas. The new generation of vessels will feature propulsion systems that appear to run more efficiently than conventional steam engines. [Subscription...
FERC May Consider Motion of U.S. Naval Lab to Intevene in Weaver’s Cove Proceeding
Posted on Oct 18, 2005 in Federal Regulation, Regas Terminals & Capacity, Vessel Transportation | Comments Off on FERC May Consider Motion of U.S. Naval Lab to Intevene in Weaver’s Cove Proceeding
On Oct. 13, FERC Chairman Joseph Kelliher sent letters to Massachusetts Representatives Barney Frank and James McGovern regarding the proposed Weaver’s Cove LNG terminal. Kelliher stated that FERC is still considering the late motion of the U.S. Naval Lab to intervene, but noted that the Department of the Navy was aware of the project and participated in the Coast Guard meetings....