Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 32 n° 60

Posts Tagged ‘gulf of mexico’

Impact of Canal Expansion on U.S. Grain and Soybean Exports

Posted by fidest press agency su sabato, 29 ottobre 2011

Worker on the Miraflores locks, Panama-Canal, ...

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The Panama Canal set a new record for total cargo volume – 322 million tons – in fiscal 2011, outstripping 2010’s volume by 7.1 percent and breaking the previous record, set in 2007, by 2.9 percent.A transportation study by the United Soybean Board (USB) projects that the total volume of soybean and grain traffic through the canal will increase by 30 percent when the canal opens a third lane of locks in 2014. This new larger, shipping lane will expand the average area for barge transport from 70 to over 150 miles. And assuming the ports will dredge to ensure passage of larger ships, the expansion is expected to save about $.35 cents per bushel on transportation costs for elevators within range of the central Gulf of Mexico ports.The canal’s increased capacity will also allow a Panama ship originating in southern Louisiana to load an additional 13,300 metric tons (524,000 bushels) of corn per trip, increasing each shipment’s value by about $3.4 million. The USB analysis indicates the total volume of grain and soybeans transiting the Panama Canal will increase 30 percent (426 million bushels) by 2020/2021. The U.S. Grains Council will host its annual meeting in Panama City, Panama, Feb. 13-15, 2012. Mark your calendars and don’t miss your opportunity to hear about this and more at this must-attend meeting.

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Panama canal and port Corpus Christi sign agreement

Posted by fidest press agency su giovedì, 15 settembre 2011

Gulf of Mexico, near Corpus Christi, Texas

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Corpus Christi, Texas – The Panama Canal Authority joined the Port in Corpus Christi today at the Congressman Solomon P. Ortiz International Center to celebrate the Port’s 85th anniversary and sign a memorandum of understanding (MOU) to work with one other to promote trade opportunities. With cotton as its first cargo, 85 years ago Port Corpus Christi opened its doors to the world of commerce. With petrochemical products as its primary cargo, Port Corpus Christi has grown to be the 5th largest U.S. port in tonnage.
The Port plans to diversify its cargo base, develop important infrastructure projects, such as the dredging of the extension of the La Quinta Channel and the expansion of the Port’s rail capabilities, which will enable the Port to better serve its customers. These projects, as well as several others, continue to attract new industry to the Port, helping to create new jobs for the region and to open new shipping trade routes opportunities through the Gulf of Mexico. By taking advantages of the opportunities the Panama Canal, Port Corpus Christi will become South Texas’ strategic shipping link to the world through the Gulf of Mexico.
Future private investment projects are expected to impact the growth of the Port in the near future, namely the construction of a steel pipe mill by Tianjin Pipe Corporation, the expansion of the Port’s Bulk Terminal to support long term leases with Ambre and Millennium for the handling of their coal exports operations to Asia, South America and Europe and the future sale of its Ingleside Facility to Canyon Supply & Logistics, Inc., an offshore drilling service company.
The Canal’s expansion is on schedule, following the recent commencement of the permanent concrete work for the new locks. The $5.25 billion project includes the construction of a new set of locks that will allow the transit of longer and wider ships.
About the Panama Canal Authority (ACP) The ACP is the autonomous agency of the Government of Panama in charge of managing, operating and maintaining the Panama Canal. The operation of the ACP is based on its organic law and the regulations approved by its Board of Directors.
About Port Corpus Christi As the primary economic engine of the Coastal Bend, Port Corpus Christi is 5th largest port in the United States in total tonnage. The Port’s mission statement is to “serve as a regional economic development catalyst while protecting and enhancing its existing industrial base and simultaneously working to diversify its international maritime cargo business.” Strategically located on the western Gulf of Mexico, with a straight, 45’ deep channel, the Port provides quick access to the Gulf and the entire United States inland waterway system. The Port delivers outstanding access to overland transportation with on-site and direct connections to three Class-1 railroads and uncongested interstate and state highways. The Port is protected by a state-of-the-art security department and an award-winning Environmental Management System. With outstanding management and operations staff, Port Corpus Christi is clearly “More Than You Can Sea.”

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Gulf of Mexico: devastation

Posted by fidest press agency su domenica, 6 giugno 2010

From Barack Obama. I visited Caminada Bay in Grand Isle, Louisiana — one of the first places to feel the devastation wrought by the oil spill in the Gulf of Mexico. While I was here, at Camerdelle’s Live Bait shop, I met with a group of local residents and small business owners. Folks like Floyd Lasseigne, a fourth-generation oyster fisherman. This is the time of year when he ordinarily earns a lot of his income. But his oyster bed has likely been destroyed by the spill. Terry Vegas had a similar story. He quit the 8th grade to become a shrimper with his grandfather. Ever since, he’s earned his living during shrimping season — working long, grueling days so that he could earn enough money to support himself year-round. But today, the waters where he has worked are closed. And every day, as the spill worsens, he loses hope that he will be able to return to the life he built. Here, this spill has not just damaged livelihoods. It has upended whole communities. And the fury people feel is not just about the money they have lost. It is about the wrenching recognition that this time their lives may never be the same. These people work hard. They meet their responsibilities. But now because of a manmade catastrophe — one that is not their fault and beyond their control — their lives have been thrown into turmoil. It is brutally unfair. And what I told these men and women is that I will stand with the people of the Gulf Coast until they are again made whole. That is why, from the beginning, we have worked to deploy every tool at our disposal to respond to this crisis. Today, there are more than 20,000 people working around the clock to contain and clean up this spill. I have authorized 17,500 National Guard troops to participate in the response. More than 1,900 vessels are aiding in the containment and cleanup effort. We have convened hundreds of top scientists and engineers from around the world. This is the largest response to an environmental disaster of this kind in the history of our country. We have also ordered BP to pay economic injury claims, and this week, the federal government sent BP a preliminary bill for $69 million to pay back American taxpayers for some of the costs of the response so far. In addition, after an emergency safety review, we are putting in place aggressive new operating standards for offshore drilling. And I have appointed a bipartisan commission to look into the causes of this spill. If laws are inadequate, they will be changed. If oversight was lacking, it will be strengthened. And if laws were broken, those responsible will be brought to justice. These are hard times in Louisiana and across the Gulf Coast, an area that has already seen more than its fair share of troubles. The people of this region have met this terrible catastrophe with seemingly boundless strength and character in defense of their way of life. What we owe them is a commitment by our nation to match the resilience they have shown. That is our mission. And it is one we will fulfill. (President Barack Obama)

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