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Displaying 1 to 3 of Records.
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Canaport LNG raises concerns about ship traffic from Energy East
Canaport LNG feels it has received "inadequate consultation" about the proposed Energy East pipeline given its close proximity to the proposed tank farm for the pipeline project.
Fraser Forsythe of Canaport LNG told a National Energy Board public hearing in Saint John that ships coming to Canaport loaded with liquified natural gas for off-loading in Saint John will be close to the approach path for ships coming to the pipeline's export terminal.
"We are quite concerned that we have adequate consultation so we understand what the impacts might be to our terminal," Forsysthe said during Canaport LNG's appearance before the NEB panel as an intervener.
While Irving Oil Ltd. is a partner with TransCanada Corp. in the proposed export terminal for the Energy East project, it is a minority partner with Repsol in the Canaport LNG facility.
"LNG is a rather special commodity to transport," said Forsythe, noting it is stored and shipped in a frozen state.
Forsythe told the hearing Canport LNG is "generally supportive of the project."
Forsythe said "an uninterrupted berthing window" is needed for each ship because of the technical requirements of loading frozen LNG.
Forsythe said the LNG shipments would need to have priority with the approach channel to the area or the facility’s jetty would have to be moved.
TransCanada suggested conflicts between ships could be referred to the Harbour Master.
The NEB is holding three days of public hearings this week in Saint John to hear the thoughts of people and organizations about the proposed $15.7 billion Energy East project.
The pipeline would enable one million barrels of Alberta crude a day to be shipped 4,500 kilometres to a marine terminal in Saint John.
TransCanada Corp. projects paying $6.7 million in property taxes in Saint John if its Energy East pipeline goes ahead, the hearing was told Tuesday.
The City of Saint John would receive $3.7 million of the property taxes paid, with the balance going to the province.
Saint John city council sought details from the company in January on how much in annual city property taxes the company expects to pay if the project is approved.
In the city's October 2015 application for intervener status in the NEB hearings, the city stated the marine terminal and tank farm for Energy East could bring the city $5 million in annual property taxes.
However, the reasoning behind the property tax projection was not clear at the time.
Daphne Lannon lives near the site of the proposed tank farm and told the three-person panel it "has no business being built in my backyard or anybody else's backyard either."
The tank farm would consist of 22 tanks, each about the height of a six-storey building.
Fisherman David Thompson expressed his objections to the project Tuesday "because of the potential of a disaster."
"I think one oil spill would definitely hurt, destroy what I and my family have depended on."
Thompson says he loses about 10 traps a year because of shipping and that costs him thousands of dollars in lost income.
"With 300 tankers coming in, the supporting tugs, pilot boats, it's going to generate and increase in traffic which is going to increase in gear loss," he said. "Will you compensate for gear loss?"
TransCanada officials said the environmental assessment on the project determined "There would not be a significant environmental effect on commercial fisheries."
The public hearings in Saint John will conclude on Wednesday, with J.D. Irving Ltd., the Port of Saint John, and the Assembly of First Nations Chiefs of New Brunswick among the interveners scheduled to appear. A second New Brunswick session is scheduled for Fredericton on Aug. 15.
The regulator is scheduled to hear from 337 interveners in visits to nine cities that conclude in Kingston, Ont., in December.
The NEB is to give the federal government its report by March 16, 2018.
Source: CBC
Posted On:
11-Aug-2016
Credits:
www.hellenicshippingnews.com
Anchor-loss USB available free-of-charge
The root causes of many groundings and collisions, loss anchors are among the top five reasons for claims costs.
Tanker ship anchoringShip anchoringBased on an analysis of damage cases involving anchor and anchor chain losses, the project partners (DNV GL, Gard, and The Swedish Club) issued a report identifying the most frequent technical and operational causes, and some steps crews and operators can take to address them.
"One of the key takeaways of our investigation is the importance of the officers and crew being aware of the environmental loads their equipment is designed for," says Hakon Skaret, Senior Principal Engineer at DNV GL. "If these limits are not taken account of in shipboard anchoring procedures, there can be significant damage to the vessel - even beyond the loss of anchor and chain. Many anchor losses are avoidable if the proper maintenance and handling procedures are adhered to."
Source: The Swedish P&I
Posted On:
11-Aug-2016
Credits:
www.hellenicshippingnews.com
FSC chief rules out aid for Hanjin Shipping
South Korea's top financial regulator said on Aug. 10 that Hanjin Shipping, which is reeling from huge debts, will not be given financial aid and has to stand on its own feet or face court receivership.
"Hanjin Shipping is in talks over ship mortgage loans with 34 financial institutions" in addition to charter rate negotiations and private debt rescheduling efforts, Yim Jong-yong, chairman of the Financial Services Commission, said in a monthly press briefing.
The government will let the company resolve its liquidity crisis on its own and handle the issue in accordance with "principles" in case of failure, he stressed.
Hanjin is expected to suffer a cash shortage of as much as 1.2 trillion won (US$1.10 billion) in the next one and a half years.
Creditors have called on Hanjin to first cover 700-900 billion won through its self-restructuring for any financial support. But the shipping line claims it is hard to finance more than 400 billion won.
Source: The Investor
Posted On:
11-Aug-2016
Credits:
www.hellenicshippingnews.com
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