The project by Cresta Fund Management-backed Sentinel is one of four proposed ports looking to cash in on a growing and lucrative export market for US crude. However, the large vessels are increasingly popular on even shorter routes, especially as Russia’s war disrupts energy flows and forces buyers to seek out alternative suppliers. The only security system blending human intervention, next-gen cameras, and artificial intelligence to predict and prevent crime. Each customer is provided with their own live guardwho monitors each potential threat via a. Historically, the US has used VLCCs only for longer routes, like between the Gulf Coast and Asia, with shipments to Europe moving on smaller ships carrying up to 1 million barrels. Deep Sentinel is not your average smart home surveillance system. The so-called very large crude carriers, or VLCCs, that will use the dock can haul 2 million barrels of oil. Dubbed Texas GulfLink, the port aims to load up to 1 million barrels of oil per day, helping to usher in the massive growth in US crude exports expected by the end of the decade.Ĭrude shipments from the US Gulf, the nation’s main export hub, will expand by roughly 2 million barrels a day to about 5.5 million by 2030, Ballard said in an interview. The closely held company’s proposed Texas oil dock that will cater to the world’s largest vessels is expecting to receive all permits by next year’s first quarter, with construction to follow, said Sentinel’s Chief Executive Officer Jeff Ballard. Swiss Government Holds Talks on Options to Stabilize Credit SuisseīofA Gets More Than $15 Billion in Deposits After SVB Fails The companys intelligent crime prevention transforms home security from false alarms and ineffective. Traders Dash for Cover as Bank Drama Rattles Globe: Markets Wrap Deep Sentinel is a pioneer in AI-based home protection. Guards call you and local law enforcement. Guards will use your camera’s two-way 104dB audio or built-in siren to let the intruder know someone is watching. Ryan Reynolds-Backed Mint Is Bought by T-Mobile for $1.35 Billion Deep Sentinel guards are engaged, access the video feed, and assess the situation. Prior to Deep Sentinel, Lee was Studio Head of Red Octane Design and VP of Hardware at video game publisher Activision Blizzard. Credit Suisse Reels After Top Shareholder Rules Out Raising Stake
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