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Colonial Oil eyes bunkering halt in Carolinas on Ernesto

Colonial Oil expects to suspend barge marine bunkering operations at Wilmington, North Carolina, and Charleston, South Carolina, late in the afternoon of August 31 for about a day as a precaution against Tropical Storm Ernesto, a company source said.

Colonial's Chatham Towing Co is the sole supplier of marine fuel in Wilmington, Charleston, and in Savannah, Georgia, and Jacksonville, Florida. It has already completed bunkering jobs scheduled for Thursday and anticipates the disruption from Ernesto will be minor.

"As soon as the Coast Guard gives the all-clear, we will resume operations," the source said.

Colonial posts daily price indications for each port for 380 CST, 180 CST and marine diesel (MDO) fuels and also refuels vessels at smaller ports in Georgia and South Carolina. Its postings August 31 for 380 CST and 180 CST bunker fuel at Charleston and Wilmington were "subject to inquiry," with no price listed.

Ernesto is expected to make landfall late the night of August 31 near the border of South Carolina and North Carolina, National Weather Service spokesman Greg Romano said. As of 11 a.m. EDT, its winds were at 55 mph and could strengthen to a "borderline tropical storm-hurricane," with winds as high as 74 mph, by the time it makes landfall, he said.

Ernesto should move inland along the mountains of North Carolina and Virginia, and into the far eastern tip of West Virginia before moving into Pennsylvania. The biggest concern with the storm is heavy rains, projected to bring as much as 6-8 inches in some areas of North Carolina.

The US Coast Guard has closed the ports of Wilmington and Morehead City, North Carolina, as a precaution against Ernesto, and expects the ports will reopen some time Friday, Petty Officer Christopher Evanson of the agency's Atlantic Area office said. The Port of Charleston is closed until 8 a.m. EDT Friday due to "severe weather," according to a recording at the press office of the South Carolina State Ports Authority.

Created: August 31, 2006

Next page: Ernesto spares energy futures another slump after barrage of selling

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Platts Hurricane Watch Colonial Oil eyes bunkering halt in Carolinas on Ernesto 2006-08-29

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