U.S. Army Corps of Engineers, Detroit District New Lock at the Soo Project in Sault Ste. Marie, Michigan is reauthorized in the Water Resources Development Act (WRDA) 2022 on Dec 23, 2022. The project reauthorization amount is $3.219 billion…
Excelerate Energy's floating storage and regasification unit (“FSRU”) Exemplar arrived at the port of Inkoo, Finland on December 28, 2022. The FSRU was previously loaded with a partial cargo of liquefied natural gas (LNG) which will serve as the initial commissioning cargo for the terminal…
The Port of New York and New Jersey has held onto the title as the United States’ busiest container port for a fourth consecutive month.In recent months, U.S. East Coast ports have reported elevated container volumes as trade diverts from the U…
The oceans are inextricably connected to the health of the planet, and of humans: they absorb up to 30% of annual greenhouse gas (GHG) emissions and 90% of excess heat, and over 3 billion people — almost half the global population — depend directly…
Japanese container shipping company Ocean Network Express (ONE) announced it has acquired controlling stakes in three California container terminals amid a push by many of the world's largest global shipping lines to expand their presence in the port infrastructure component of the logistics chain…
Galveston, Texas-based dredging contractor Callan Marine has been awarded a contract from the U.S. Army Corps of Engineers for pipeline deep-draft dredging of the Houston Ship Channel.Callan beat our four other bidders for the project to win the $13…
The Georgia Ports Authority Board has approved a plan to renovate and realign the docks at the Port of Savannah’s Ocean Terminal to better accommodate its expanding container operation.“For nearly 40 years, Ocean Terminal has been handling a mix of container ships and breakbulk vessels…
The Consolidated Appropriations Act of 2023, approved by Congress in December 2022, includes project closeout funding of $157.3 million for the Port of Corpus Christi Ship Channel Improvement Project (CIP) for the U.S. Army Corps of Engineers (USACE)…
The Galveston Wharves and cruise company MSC Cruises are negotiating the development of a fourth cruise terminal at the Port of Galveston. The entities signed a non-binding memorandum of understanding (MOU) on December 7 outlining parameters…
The Harlem Rocket, a new high-speed boat tour on the Hudson River along the famed Harlem and Upper Manhattan waterfront set to launch in the Spring of 2023, announced a sponsorship and collaboration with Raymarine. The Harlem Rocket, to be launched from the West Harlem Piers…
On September 16, a naming ceremony was held at Sakaide Works of Kawasaki Heavy Industries Ltd. for a new VLGC (very large gas carrier) that NYK will charter to Astomos Energy Corporation, the world's pre-eminent liquefied petroleum gas (LPG) company…
Like much of the world, one word adequately describes the ship recycling market in 2022: turbulent.According to GMS, prices reached decade long peaks above $700/LDT in the first quarter of the year before crashing back down by about $200/LDT…
Two, all-electric top picks are operating at the Port of Oakland as part of a demonstration project to create a zero-emissions seaport. The Oakland Seaport has joined a select group of seaports to operate the green technology equipment. Only a handful of these innovative…
The Sailors’ Snug Harbor (SSH) is a charity based out of New York that provides assistance to retired merchant mariners. In 2022, SSH helped more than 400 mariners in 33 states and Puerto Rico. SSH helps mariners live more comfortably by assisting them with their living expenses such as rent…
Brazil's government will not proceed with the privatization of the port of Santos, the largest in Latin America, the incoming minister of ports and airports was quoted as saying on Thursday by a Brazilian newspaper.Marcio Franca, tapped to head…