Seacor to restore Terminal Varreux (Port-au-Prince)
01.26.2010 - NEWS
January 26, 2010 [Lloyd's Register/Fairplay] - Seacor Holdings and Haiti’s WIN Group plan to repair Terminal Varreux in Port-au-Prince, the Haitian tanker imports facility.

NYSE-listed Seacor said the WIN-owned terminal usually receives and stores more than 70% of Haiti’s fuel oil, gasoline, diesel and propane. But it has not been able to unload tankers since the 7.1-intensity earthquake. Fears are rising that a fuel shortage will create panic and hinder relief efforts.

WIN managing partner Youri Mevs said Haiti’s government has urged the terminal owner to “secure repairs” as quickly as possible. WIN signed an emergency response contract with Seacor to speed the project.

No cost estimates or timetables for repairs were offered, except for the assertion that “overall terminal operation will be restored in time to accept marine fuel transfers before Terminal Varreux and the country run out of fuel”.

The project will involve removing debris from the dock and vessel traffic area, replacing collapsed mooring infrastructure with temporary capability, installing a new series of temporary pipes to the tank farm and removing damaged tanks from service.

The response vessel NRC Perseverance of Seacor-subsidiary National Response Corp has been dispatched to Terminal Varreux to support operations.

Terminal Varreux receives and stores about of 70% of Haiti’s fuel and edible oil demand. Terminal Varreux has a minimum of 18 large storage tanks with a total capacity of approximately 45 million gallons.

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