Jones Act tanker newbuild program

Anyone else see the article in fox news app. about a Jones Act fleet being planned for all the NG production and how US shipyards are starting back up?

Oh yeah! I posting this thread the otherday which echoes the same great news!

US yards can survive and even thrive provided the Jones Act remains intact. Tell John McCain and Charles Grassley to go EFF themselves!

Would be great news, but I’ll believe it when I see it.

The following was in Marine Log March 5, 2013:
"In the Gulf Coast Corridor, Shell plans to install a small-scale liquefaction unit (0.25 million tons per annum) at its Shell Geismar Chemicals facility in Geismar, Louisiana, in the United States. Once operational, this unit will supply LNG along the Mississippi River, the Intra-Coastal Waterway and to the offshore Gulf of Mexico and the onshore oil and gas exploration areas of Texas and Louisiana.

To service oil and gas and other industrial customers in Texas and Louisiana, Shell is expanding its existing relationship with fuels and lubricants re-seller Martin Energy Services whose publicly traded affiliate, Martin Midstream Partners L.P. will provide terminaling, storage, transportation and distribution of LNG.

Shell has a memorandum of understanding with Edison Chouest Offshore companies (ECO) to supply LNG fuel to marine vessels that operate in the Gulf of Mexico and to provide what is anticipated to be the first LNG barging and bunkering operation in North America at Port Fourchon, Louisiana. The LNG transport barges will move the fuel from the Geismar production site to Port Fourchon where it will be bunkered into customer vessels.

In the Great Lakes Corridor, Shell plans to install a small-scale liquefaction unit (0.25 million tons per annum) at its Shell Sarnia Manufacturing Centre in Sarnia, Ontario, Canada. Once operational, this project will supply LNG fuel to all five Great Lakes, their bordering U.S. states and Canadian provinces and the St. Lawrence Seaway. The Interlake Steamship Company is expected to be the first marine customer in this region, as it begins the conversion of its vessels.

Pending final regulatory permitting, these two new liquefaction units are expected to begin operations and production in about three years."

I have not heard any more about this.

I know that Cheneire has been in the LNG terminal talk for quite some time now.

This is going to be big, folks. And there’s no end in sight.

Well, a lot of newbuilds in the US are going LNG. So the infrastructure to bunker LNG is definitely gonna be needed.