Oaktree Bails on TORM Stake Sale
Asset management giant Oaktree Capital Management has abruptly terminated its sale of 5 million Class A common shares in TORM plc (Nasdaq: TRMD or TRMD A), a leading tanker company,...
By Ivelisse Rivera and Ezequiel Abiu Lopez
SAN JUAN, Puerto Rico/SANTO DOMINGO, Dominican Republic, Sept 20 (Reuters) – Hurricane Fiona bore down on Turks and Caicos Islands on Tuesday as a powerful Category 3 storm, slamming the Caribbean archipelago with heavy rains and life-threatening flooding after cutting a path of destruction through the Dominican Republic and Puerto Rico.
U.S. officials said on Tuesday the storm had claimed four lives in Puerto Rico. A fifth person was killed in Guadeloupe earlier in the week.
On Tuesday morning, the storm slammed Grand Turk, the Turks and Caicos’s biggest island, and was moving closer to the main cluster of islands by afternoon, the U.S. National Hurricane Center said in its 11 a.m. Eastern update.
Fiona was on track to head north toward the eastern seaboard of North America, with Canadian officials warning of powerful post-tropical conditions hitting Nova Scotia, Newfoundland, New Brunswick and Price Edward Island by Saturday.
In a telephone interview with Reuters, Turks and Caicos Deputy Governor Anya Williams said power outages had hit five islands but no deaths had yet been reported.
“Shutting the country down early is what helped us save lives,” Williams said. She said her government was communicating with the British Royal Navy and U.S. Coast Guard, with the British Navy patrol vessel HMS Medway expected to arrive Tuesday night to help with rescue efforts.
Jaquan Harvey, 37, a businessman who lives on Grand Turk, said that he and his neighbors learned some lessons from Hurricane Maria five years ago, a massive Category 5 storm, and were well prepared with supplies of food and water, and securing their property.
Harvey said during the worst of Fiona, wind drove rain water through the seams of the windows and doors as the whole house shook. At about 8 a.m. Tuesday, the eye passed over Grand Turk.
“It was very loud, like there were giants outside shouting and roaring,” Harvey said. “You could feel the pressure of the air as everything rattled.”
To the south, the Dominican Republic and Puerto Rico were stunned by the storm’s intensity and were struggling to cope with the aftermath.
Deanne Criswell, head of the Federal Emergency Management Agency (FEMA), arrived in Puerto Rico – a U.S. territory – on Tuesday to assess the damage, agency officials said. Officials said multiple FEMA teams, including two search and rescue units, were being deployed and several hundred FEMA personnel were already on the island.
Hurricane Fiona was a painful reminder of Puerto Rico’s vulnerability. Tuesday marked the five-year anniversary of Hurricane Maria, which killed about 3,000 people and destroyed its power grid.
Thousands of Puerto Ricans still live under makeshift tarpaulin roofs.
Fiona made landfall in Puerto Rico on Sunday afternoon, dumping up to 30 inches (76.2 cm) of rain in some areas.
Nearly 80% of Puerto Rico remained without power on Tuesday, according to Poweroutage.us. Officials said it would take days to reconnect the whole island of 3.3 million people.
“It knocked down many trees, there are downed poles and here in the house we got water where it had never happened before,” said Asbertly Vargas, a 40-year-old mechanic in Yauco, a town along the island’s southern coast.
“A fence in the yard fell down and the land in the back slid a bit towards our house. But I’m fine, I’m alive.”
Puerto Rico power provider LUMA Energy said it had restored electricity to 100,000 customers but that it would take days for full restoration.
Puerto Rico’s grid has long been criticized as unreliable, but residents and consultants have complained that outages have become more frequent since LUMA took over operations last year. The grid is largely owned by the Puerto Rico Electric Power Authority (PREPA).
On the Turks and Caicos Islands, a British Overseas Territory with 40 low-lying coral islands and a population of about 40,000 about 700 miles (1126.54 km) southeast of Florida, the government’s National Emergency Operations Center (NEOC) told residents of three eastern islands to shelter in place, and ordered businesses to close.
Turks and Caicos Premier Washington Misick, who attended the funeral of Queen Elizabeth II, issued a statement from London warning residents to prepare for the storm.
Foreign governments issued travel alerts for the islands, a popular tourist destination.
Similar preparations were under way in the eastern Bahamas, which the storm could skirt on Wednesday, when it was forecast to turn in a northwesterly track toward Bermuda.
It could mushroom into a Category 4 storm in coming days, reaching Canada’s Atlantic coast by late Friday, the NHC said.
Hurricanes are deemed “major” by the National Hurricane Center once they reach Category 3 status, which is wind speeds of between 111mph and 129mph (178kmh-208kmh). A Category 4 storm has “catastrophic” wind speeds of between 130mph and 156mph (209kmh-251kmh). The most powerful Category 5 hurricane has wind speeds exceeding 157mph (252kmh).
In the Dominican Republic, severe flooding limited road access to villages, forced 12,500 people from their homes and knocked out power to hundreds of thousands.
Fiona was the first hurricane to score a direct hit on the Dominican Republic since Jeanne left severe damage in the east of the country in 2004.
Dominican Republic President Luis Abinader canceled plans to attend the United Nations General Assembly to address the emergency.
As of Monday night, the country’s emergency center counted more than 1.1 million people without drinking water as a result of failures in aqueducts and more than 700,000 without electricity, especially in the east of the country.
“It is my main duty to meet the needs and urgencies that are needed at this time in our country,” Abinader said in a video posted Monday night on social networks.
(Reporting by Ivelisse Rivera, Ezequiel Abiu Lopez and Rich McKay in Atlanta; Additional reporting by Tim Reid and Brad Brooks; Writing by Tyler Clifford; Editing by Gerry Doyle, Nick Zieminski and Richard Chang)(c) Copyright Thomson Reuters 2022.
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