Offshore & Energy

How MARAD Cut Years Off Deepwater Port Reviews Without Changing Environmental Standards

gCaptain
How MARAD Cut Years Off Deepwater Port Reviews Without Changing Environmental Standards

As gCaptain reported earlier this week, the Maritime Administration (MARAD) announced its approval of the $8.2 billion Texas ST LNG export port application, a major development for U.S. energy production. But the announcement also highlighted another significant milestone: the fastest deepwater port license review in more than 20 years.

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