b'4American Journal ofTransportation ajot.com(AHEADcontinued from page 2) the units through Jan. 16, 2047.SPONSORED CONTENT ofBechtel.Itscompletionrein-forces that the United States is then ewt eChnologyClearing the hurdles: How to successfullyresponsiblepartnerMeanwhile,poten-ofchoicefornewtialnext-generation navigate project cargo risks nuclear energy aroundnuclearpowerplants theworld,andmain- are advancing.tains U.S. interests inX-energy, a nuclear By: Andrew Johnson, Account Executive, Roanoke Insurance Group Inc. ensuring strong safety,reactorandfueldesign security, and non-pro- engineering company, is Imagine you have spent six monthsintegraltoprojectcargo,andtheseliferationstandards.developingGeneration planning and bidding the transporta- MSAs may include complex contractThisiswhyVogtlesIV high-temperature gas tionofalargepieceofequipment.language, sometimes requiring prede- impact is much biggercoolednuclearreactors, The shipment travels from origin totermined loss amounts in the form ofthan a single project. as well as developing a port and is loaded onto an awaitingliquidated damages and consequentialBechtelhasbeentri-structuralisotropic vesselfortheoceanvoyagetothedamages.Thesetermsaredifficulta player in the nuclearparticle fuel.destinationport.Theequipmentisrisks to insure. Project cargo movespowerindustrysinceBrendan Bechtel, chairman &Formedin2009, offloaded to a railcar at the destinationofteninvolveunconventionalmodesthe 1950s, creating theCEO of Bechtel theRockville,Mary-port, surveyed, and tied down with nooftransportationwithmultiplecon- worldsfirstreactorland, company founded apparent damages. Upon arrival at thenecting conveyances. Shipments mayto generate electricity. Bechtel hasbyKamGhaffarian,inJanuary rail siding, you are notified of paintrequire millions or tens of millions ofdesigned,built,orprovidedcon- 2016receivedamatchingfive-year transferandun-determineddamagedollars to execute, and these costs maystructionserviceson150nuclearAdvanced Reactor Concept Coopera-to the equipment. Your first step is tobe part of one move or accrue overplantsworldwide,accountingfortive Agreement grant of US$400 mil-notify the cargo owner so they arentthecourseofmanymoves.Uncon- more than 70 GW of nuclear gener- lion to US$4 billion from the DOE to surprised. Next comes a scramble toventionalmodesoftransit,complexating capacity. build a demonstration reactor of their review the terms and conditions of allcontract terms, and the high value ofVogtleUnit3and4ownershipXe-100 design.the contractors and the language of allthe cargo are exacerbated by the cur- breaks down as: Georgia Power, 45.7The Xe-100 is a pebble bed high-signedagreements. Andofcoursearent hard insurance market. It falls topercent;OglethorpePower,30per- temperature gas-cooled nuclear reac-notification has to be sent to the insur- the transportation intermediary to findcent; MEAG Power, 22.7 percent; andtor design, which X-energy says will ance company to start the claims pro- the best way to navigate the risks ofDalton Utilities, 1.6 percent. besmaller,simpler,andsafercom-cess. If navigating through this mazeinsuring project cargo. GeorgiaPowerbeganplanningparedtoconventionaldesigns.The soundsfamiliar,youarentalone.PlantVogtlein1972.Unit1beganreactorisexpectedtogenerate200 Welcome to the intricacies of projectt hef irsth urdle C ontraCtr isk commercialoperationin1987andMWt (thermal megawatts) and about cargo risk management. The contract, or purchase order, isUnit 2 became operational in 1989. At76 MWe (electric megawatts).typically the first item to come acrossthe time the 3,100-acre site along theForfuel,X-energyisdevelop-t heC oMplexities ofp rojeCt the transportation intermediarys deskSavannah River was the states largesting TRISO-X, a proprietary version, C argor isk forbothnewandrepeatbusiness.construction program. which would be pebbles utilizing tri-Projectcargocanbeacompli- Before signing a MSA or contract, theUnits 1 and 2 use a Westinghousestructural isotropic, or TRISO, parti-cated risk to insure, and there are atransportationintermediaryshouldpressurizedwaterreactor,aGeneralcles. The uranium would be enriched numberoffactorsthatatransporta- consult with professionals who under- Electricsteamturbineandelectricto 20%, so the reactor can go longer tionintermediaryshouldconsiderstand the dangers inherent in contractgenerator,toproduceacombinedtimes for refueling.when seeking coverage. Master Ser- language. A trusted insurance brokercapacityof2.43GW.TheNuclearFurther, X-energy has developed a viceAgreements(MSA)areoften(RISKScontinued on page 6) Regulatory Commission has licensed(AHEADcontinued on page 10)Liberty Global Logistics LLCA Leading Ocean Shipping & Logistics Company516-488-8800 LibertyGL.com1979 Marcus Ave # 200, Lake Success, NY 11042'