• ITVI.USA
    14,237.430
    109.200
    0.8%
  • OTRI.USA
    21.810
    -0.160
    -0.7%
  • OTVI.USA
    14,212.180
    102.900
    0.7%
  • TLT.USA
    2.800
    -0.010
    -0.4%
  • TSTOPVRPM.ATLPHL
    2.290
    -0.190
    -7.7%
  • TSTOPVRPM.CHIATL
    2.760
    -0.310
    -10.1%
  • TSTOPVRPM.DALLAX
    1.320
    -0.050
    -3.6%
  • TSTOPVRPM.LAXDAL
    2.040
    -0.240
    -10.5%
  • TSTOPVRPM.PHLCHI
    1.870
    -0.030
    -1.6%
  • TSTOPVRPM.LAXSEA
    2.630
    -0.090
    -3.3%
  • WAIT.USA
    127.000
    0.000
    0%
  • ITVI.USA
    14,237.430
    109.200
    0.8%
  • OTRI.USA
    21.810
    -0.160
    -0.7%
  • OTVI.USA
    14,212.180
    102.900
    0.7%
  • TLT.USA
    2.800
    -0.010
    -0.4%
  • TSTOPVRPM.ATLPHL
    2.290
    -0.190
    -7.7%
  • TSTOPVRPM.CHIATL
    2.760
    -0.310
    -10.1%
  • TSTOPVRPM.DALLAX
    1.320
    -0.050
    -3.6%
  • TSTOPVRPM.LAXDAL
    2.040
    -0.240
    -10.5%
  • TSTOPVRPM.PHLCHI
    1.870
    -0.030
    -1.6%
  • TSTOPVRPM.LAXSEA
    2.630
    -0.090
    -3.3%
  • WAIT.USA
    127.000
    0.000
    0%
American ShipperShippingTrade and Compliance

New York nixes proposed offshore LNG hub

New York Governor Andrew Cuomo expressed concerns a project to build a liquid natural gas terminal 19 miles off Long Island could potentially become a target for terrorism, create problems in a storm, and interfere with a proposed wind farm.

   New York Governor Andrew Cuomo has rejected plans to build an offshore liquefied natural gas terminal 19 miles off of Long Island, according to a statement from his office.
   Cuomo cited security and economic concerns in his decision to kill the Port Ambrose project.
   Proposed by Liberty Natural Gas, the plan needed approval from both Cuomo and New Jersey Governor Chris Christie under the federal Deepwater Port Act.
   Cuomo detailed his opposition in a letter sent Thursday U.S. Maritime Administrator Paul Jaenichen Sr.
   In it, he said Liberty would deliver gas from offshore sources and it was “unclear whether Liberty would provide consistent supply to the natural gas market or only provide supply in the limited instances when it can take advantage of high prices.”
   Cuomo also expressed concerns about terrorism, “potential catastrophic impacts” during extreme weather such as Hurricane Sandy in 2012, disruption to navigation, impacts on fisheries, and a interference with an offshore wind project proposed by the New York Power Authority.

Chris Dupin

Chris Dupin has written about trade and transportation and other business subjects for a variety of publications before joining American Shipper and Freightwaves.