Geopolitics Alpha

Withdrawal of Notice of Intent To Prepare an Environmental Impact Statement, Port of Iberia, Louisiana

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GEOPOLITICS ALPHAWithdrawal of Notice of Intent ToPrepare an Environmental ImpactStatement, Port of Iberia,…GEOPOLITICS ALPHA

The U.S. Army Corps of Engineers (USACE) is issuing this notice to advise Federal, State, local governmental agencies, and the public and other concerned stakeholders that USACE is withdrawing the Notice of Intent (NOI) for the preparation of an Environmental Impact Statement (EIS) as part of the Port of Iberia (also referred to as `the Port' or `Iberia Port'), Louisiana navigation feasibility study. Since publication of the NOI, study conditions have changed; the USACE has determined that an Environmental Assessment (EA) rather than an EIS is the appropriate level of environmental documentation.

Directly affected

  • No company is named in this report.

Indirectly affected

  • BWET Breakwave Tanker Shipping ETF-3.3% 17d

    Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “port” (container shipping) in this story.

  • IYT iShares U.S. Transportation ETF

    iShares U.S. Transportation ETF: it tracks shipping freight. Linked by “port” (container shipping) in this story.

  • ITA iShares U.S. Aerospace & Defense ETF+0.3% 30d

    iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “army” (defense) in this story.

  • ZIM ZIM Integrated Shipping Services+1.3% 30d

    ZIM Integrated Shipping Services (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “port” (container shipping) in this story.

  • MATX Matson-6.5% 8d

    Matson (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “port” (container shipping) in this story.

  • KEX Kirby+1.3% 30d

    Kirby (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “port” (container shipping) in this story.

  • DAC Danaos

    Danaos (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “port” (container shipping) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
BWETNo price data for this ticker———————
IYTNo price data for this ticker———————
ITANo price data for this ticker———————
ZIMNo price data for this ticker———————
MATXNo price data for this ticker———————
KEXNo price data for this ticker———————
DACNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

The U.S. Army Corps of Engineers (USACE) is issuing this notice to advise Federal, State, local governmental agencies, and the public and other concerned stakeholders that USACE is withdrawing the Notice of Intent (NOI) for the preparation…

Source: Federal Register

This story

25 out of 100

“Withdrawal of Notice of Intent To Prepare an Environmental Impact Statement, Port of Iberia, Louisiana” scores 25 out of 100. The score uses 2 sources.