Igor spins near Canadian coast; another storm develops in the Atlantic
NEW: A hurricane watch is in effect for parts of Newfoundland
Tropical Depression 14 is expected to become a tropical storm Tuesday
Igor could strengthen as it churns toward Newfoundland, forecasters say
Igor could still cause life-threatening surf and rip currents for the U.S. East Coast
Elbow Beach, Bermuda (CNN) -- Fresh off its raucous visit to Bermuda, Hurricane Igor is on track to near the coast of Newfoundland, Canada, on Tuesday.
As of 2 a.m. ET, Igor was about 375 miles (605 kilometers) south-southwest of Cape Race, Newfoundland, according to the National Hurricane Center in Miami, Florida. It was moving northeast at about 30 mph (48 kph).
A hurricane watch is in effect for the coast of Newfoundland from Stone's Cove to Fogo Island. A tropical storm warning is in effect for the coast of Newfoundland from Stone's Cove to Burgeo and from Charlottetown to Triton, as well as the islands of Saint Pierre and Miquelon.
Igor was barely a hurricane, with maximum sustained winds of 75 mph (120 kph), but some strengthening is possible, the hurricane center said.
Igor is expected to dump 4 to 8 inches of rain over the eastern half of Newfoundland and up to 10 inches in isolated areas.
Large swells are expected to continue affecting the East Coast of the United States through Tuesday and the southern coastlines of Nova Scotia and Newfoundland for over the next few days. The swells could cause "life-threatening surf and rip currents," the hurricane center said.
The center of Igor reached its closest point to Bermuda -- about 40 miles (65 kilometers) west of the island -- late Sunday night and continued bringing fierce winds to the island on Monday. There were no reports of serious damage, injuries or deaths from the Category 1 hurricane.
Many on Bermuda felt they had dodged a bullet, despite widespread power outages. At one point, an estimated two-thirds of the island's 67,000 residents were without electricity. Some might not have power restored for weeks, said CNN meteorologist Reynolds Wolf, reporting from Bermuda. The island also experienced flooding, downed trees and branches and closed roads.
Meanwhile, another storm is brewing farther east in the Atlantic Ocean. Tropical Depression 14 is expected to strengthen into a tropical storm called Lisa on Tuesday, CNN meteorologist Sean Morris said. As of late Monday night, the tropical depression was about 530 miles (850 km) west of the Cape Verde Islands and was headed north at about 6 mph (9 kph). It is not expected to reach any major landmass over the next several days.