A.P. Moller - Maersk's container terminal operating arm APM Terminals announced the expansion of its Maasvlakte II terminal in Rotterdam, increasing the terminal's capacity by approx. 2 million TEU The project involves a site of approximately 47…
Baltimore-based offshore wind energy development company US Wind, Inc. announced its plan to form a long-term partnership with Haizea Wind Group Management S.L. to manage and operate Sparrows Point Steel, Maryland’s first permanent offshore wind factory in Baltimore County…
The Georgia Ports Authority has agreed to spend $170 million on 55 hybrid-engine rubber-tired gantry cranes to outfit the Port of Savannah’s Ocean Terminal, as it is redeveloped into an all-container facility.“This significant investment in…
APM Terminals engages in a strategic partnership with Vietnamese HATECO group for a project to develop two new deep-water berths at Lach Huyen port in Haiphong City located in the north of Vietnam.As part of the strategic partnership, APM Terminals will provide financial…
Extreme weather events—including both high and low water levels—can wreak havoc on inland waterways transport. In late 2022, severe drought conditions brought the latter to the Mississippi River Basin, underlining the importance of America’s dredging fleet…
The inland waterways report in September 2022 edition of Marine News focused on issues facing the Lower Snake River Dams (LSRD) in the northwest, in U.S. Army Corps of Engineers’ (USACE) Walla Walla District.That report referenced issues and…
Brazil’s privately run Porto Itapoá is investing 'heavily' amid strong cargo volume growth, announced APM Terminals, who holds a 30% share in the terminal on the north coast of Santa Catarina.Volumes at Porto Itapoá grew by more than 14% in 2022 (885…
The Solomon Islands has awarded a multi-million-dollar contract to a Chinese state company to upgrade an international port in Honiara in a project funded by the Asian Development Bank, an official of the island nation said on Wednesday.The United States and its allies…
The U.S. Department of Transportation Maritime Administration (MARAD) recently opened applications for the Port Infrastructure Development Program (PIDP). More than $6.6 million in grant funding is available for projects that include environmental…
A joint venture established by the companies Grimaldi Euromed S.p.A., Minoan Lines S.A. and Investment Construction Commercial And Industrial S.A. (EKEV SA) signed an agreement with the Hellenic Republic Asset Development Fund (HRADF, the fund…
Much has been said both in Congress and by the current administration of the need to restore and enhance our nation’s transportation infrastructure, including its maritime transportation infrastructure. Recent legislation, such as the Infrastructure Investment and Jobs Act (IIJA…
Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States, announced the receipt of several major dredging awards totaling $138.8 million.The awarded work includes Trujillo Alto Design and Build for the Lago Loiza (Carraízo) Dredging Project (Maintenance…
U.S. power and gas utility Sempra Energy said on Monday the first phase of its proposed Port Arthur liquefied natural gas (LNG) export terminal received the financial greenlight to move ahead with investment firm KKR & Co agreeing to a minority stake in the project…
The Great Lakes' 2023 shipping season will commence on March 25 with the opening of the Poe Lock at 12:01 a.m., the U.S. Army Corps of Engineers, Detroit District announced.The operating season is fixed by federal regulation and driven in part…
I. MoneyNo one ever said it’s easy to understand federal budgets and spending plans. Nevertheless, a general sense of clarity and straightforwardness is critical for any review of public expenditures. This becomes more pressing when tracking revenue and expenditures linked to specific users’ fees…