b'JULY 25 - AUGUST 21, 2022BREAKBULK QUARTERLY 15(BOOMINGcontinued fromandloadedoutontoaninstallationCharles in the near future to look atand BHP, and shipments by BHP of page 10) vessel for transit to the offshore site. Athe site. lower-quality ore were elevated. The offshore wind projects expired at thefabrication facility would manufactureIn order to make the wind port alower quality ore, its worth noting, end of last year, which may accountlargecomponents-suchasblades,reality, the consultants recommendedburnsdirtier,jeopardizingindustry forthelackofactivity.Afreshtowersections,turbines,transitionthat the port make some improvementsdecarbonization efforts.package of tax credits is included inpiecesandfoundationsandloadatthesiteofanypotentialfacility.Theswitchtolower-quality the so-called reconciliation bill whichthem for transit to the marshaling portWe would need to dredge along theores,combinedwiththereduction is currently pending before Congress. or installation site. docksideanddosomerepaving,in steel production by some Chinese Fullyassembledoffshorewindnoted Chretien. We would also needproducers, may have also been a play o ffsHorew IndP rojects componentsaretoolargetobeto build a new bulkhead for vessels andto lower input prices, including iron Lastyear,theporthiredthetransportedonrailorroad,thedo some groundwork in the lay downore prices, according to John Tuer, Moffatt & Nichol consulting firm toconsultantsnoted.Thecomponentsareas so that they can accommodateCEO of Labrador Iron Ore Royalty examine the feasibility of developingare therefore moved from location totheveryheavypiecesinvolvedinCorporation,partownerofIron an offshore wind marshalling port and/ location via waterborne transport. Theoffshore wind developments. Ore Company of Canada (IOC), an or a manufacturing port on land parcelsfabrication facilities do require smallerBut for now, the port is concentratedaffiliateoftheAustralia-basedRio thatareavailableormaybecomepieces and raw materials to produce theon making the infrastructure improvementsTinto. available at the ports Industrial Canal.components, and these can be deliveredto replace warehousing facilities destroyedItsalsobeenreportedthat The port is located in close proximityto the site via rail and/or road. in last years hurricane. We are gettingChinaisseekingtosetupaniron to the strong offshore wind resourceAmultipleuseorcollocationalotofinquiries,saidChretien.ore purchasing group to diversify its locatedoffthecoastofTexasandscenariosometimes called an offshoreWere putting up the new buildingssources of supply away from Australia, westernLouisiana,theconsultantswindsupplyhubwillalsobeso that we can handle more cargo. with which it has been having trade reportnoted.SitesattheIndustrialconsidered for Lake Charles. The hubtensions since 2020, and toward other Canalmaybecomeavailabletoscenario can create significant logisticsmajor producers such as Brazilbut support the offshore wind industry asefficiencies,theconsultantsnoted.(PRICEScontinued from page 12) also to exercise bargaining power to a marshaling or staging facility, and/orComponentscanbemanufacturedplummetingiron-orepricesisthenegotiate favorable prices for ore.an offshore wind component factory.and loaded out in adjacent facilities tactictakenbysomeChinesesteel ThepotentialIndustrialCanalsitesand therefore, priority will be given toproducerstobuylower-qualityore,P rIceo utlook fors eaBorneo reinclude 60 acres of waterfront property,developing a hub at one site. whichischeaperthanthehigher- a ttractIve currently subleased through TrunklineWe are looking for offshore windqualityalternativesreflectedinspotForallofthevolatilityseen LNG,and30acresofundevelopeddevelopers and operators and we areprices and industry indexes. Decreasesintheironoremarket,theprice propertyacrossHighway384/Biglooking to partner with them in a jointin spot prices over the last year reflectoutlook for seaborne iron ore remains LakeRoad,currentlyleasedtothedealtodevelopawindport,saidlowerdemandfor62%Fe,oreattractive,accordingtoTuer,who Shaw Group but potentially availableChretien.which is at least 62% iron.added that steel production in China for the project. Some progress has been made onTheworldstop-threeironisexpectedtoincrease.RioTinto, The study analyzed the feasibilitythat front. The Port of Lake Charlesoreminingcompanies,RioTinto,hesaid,isexpecting2022sales oftwotypesofoffshore-windporthasalreadyhostedthreevisitswithVale,andBHP,shippedouthigherforIronOreCompanyofCanada facilities. Awindturbinegenerationan East Coast wind port operator andvolumesinthesecondquarterofofbetween17.0millionand18.7 marshaling port would receive blades,has participated in several conferencethisyearthaninthefirstquarter,million tons. This compares to 16.6 turbines,andtowersectionsfromcallswithEuropeanoffshorewindbut,accordingtotheS&PGlobalmilliontonsofsaleableproduction fabricationsites.Thesecomponentsdevelopers.Chretienexpectsareport,volumesofhigherqualityin2021,henoted,anincreaseof would then be staged, pre-assembled,EuropeandevelopertovisitLakeorewerelowerinthecaseof Vale(PRICEScontinued on page 19)All freights. All weights. All business.When shippers around the globe require efficient, large-scale handling, they rely on The Calcasieu Ship Channelthe Port of Lake Charles and is an ideal connectionthe Calcasieu Ship Channel along the central Gulf Coast. in Louisiana, recognized as Americas Energy Corridor.Our capacity and efficiency have long made us a global choice. We also offer ideal real estate for lease and development. Let us put our capabilities to work for you. SEE US AT BREAKBULK AMERICAS BOOTH D-14PORT OFLAKE CHARLESLAKE CHARLES, LOUISIANA, [email protected]'