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St. Eustatius Facility Impacted By Hurricane Georges.


DEERFIELD BEACH Deerfield Beach, town (1990 pop. 46,325), Broward co., SE Fla., on the Atlantic coast; inc. 1925. The development of high-technology industry and commerce expanded the town and more than doubled its population between 1970 and 1990. , Fla.--(BUSINESS WIRE)--Sept. 21, 1998--Statia Terminals N.V. ("STNV STNV Star Trek: New Voyages (web-based continuation of the Original Star Trek Series)
STNV Satellite Tobacco Necrosis Virus
"), a subsidiary of Statia Terminals International N.V. ("Statia" or the "Company"), which operates an 11.3 million barrel oil and transshipment Transshipment

The passing goods from one ocean vessel to another.
 facility on the Island of St. Eustatius, Netherlands Antilles, reported today that it was impacted by Hurricane Georges.

Communications received from St. Eustatius this afternoon indicate that STNV personnel sustained no serious injuries or loss of life.

Preliminary reports indicate the eye of Hurricane Georges passed very close to St. Eustatius early Monday morning causing damage to certain of the facility's buildings and equipment. However, these reports do not indicate that the damage is substantial. An inspection team expects to arrive at the terminal tomorrow, Tuesday, September 22, to further assess the damage sustained.

In advance of the storm, the company ceased its operations at the Caribbean terminal and instituted its hurricane preparation and damage prevention plan. Force majure was declared at 19:00 AST (AST Computer, Irvine, CA) A PC manufacturer founded in 1980 by Albert Wong, Safi Quershey and Tom Yuen (A, S and T). It offered a complete line of PCs that sold through its dealer channel.  on Saturday, September 19.

The company believes it is adequately insured to cover windstorm wind·storm  
n.
A storm with high winds or violent gusts but little or no rain.



windstorm  

A storm with high winds or violent gusts but little or no rain.
 damages. However, the financial impact on the company and its results of operations in not known at this time.

The company provides storage, blending, processing and other terminaling services for crude oil, refined products and other bulk liquids to crude oil producers, integrated oil companies, traders, refiners, petrochemical companies and others at its facilities located on the island of St. Eustatius, Netherlands Antilles, and at Point Tupper, Nova Scotia Coordinates:  Point Tupper is a small rural community located in western Cape Breton Island, Nova Scotia on the Strait of Canso. , Canada. The company's facilities, with their deep-water ports, can accommodate substantially all of the world's largest oil tankers. In connection with its terminaling activities, Statia also provides value-added services, including delivery of bunker fuels to vessels, other petroleum product sales, emergency and spill response services, and ship services. The company is headquartered in Curacao, Netherlands Antilles, and maintains an administrative office in Deerfield Beach, Florida Deerfield Beach is a city in Broward County, Florida, USA. The city is named for the numerous deer that once roamed the area. As of 2004, the population estimated by the U.S. Census Bureau is 76,478. .
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Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:5NETH
Date:Sep 22, 1998
Words:307
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