Cargotec and Konecranes on Thursday won EU antitrust clearance for their 4.5-billion-euro ($5 billion) deal to create a global leader in industrial machinery after agreeing to divest some businesses.The companies, which provide road and sea-cargo handling machinery and services to industries…
German logistics and transportation company Hamburger Hafen und Logistik (HHLA) is paying its 480 employees at the port of Odessa a month’s salary in advance so they can stock up on goods after the Ukrainian port was closed on Thursday.“HHLA…
Ukraine's military has suspended commercial shipping at its ports after Russian forces invaded the country, an adviser to the Ukrainian president's chief of staff said, stoking fear of supply disruption from the leading grain and oilseeds exporters…
The U.S. Department of Transportation’s Maritime Administration (MARAD) announced nearly $450 million in newly available grant funding for port-related projects through the Port Infrastructure Development Program (PIDP)—by far the largest investment in the program ever…
Eagle LNG marked a series of firsts when it fueled the 7,500-car carrier SIEM Aristotle from its Talleyrand LNG Bunker Station at the Jacksonville Port Authority (JAXPORT) in Jacksonville, Fla. It was the first time SIEM has refueled the vessel…
The U.S. Army Corps of Engineers’ Huntington District intends to award “Indefinite Delivery Indefinite Quantity Contracts for Design Bid Build Marine-Based Construction Projects” in the Rivers Districts of the Great Lakes and Ohio River Division…
In the last few months, the Army Corps has published requests for information about project labor agreements. A recent notice focuses on a coastal storm risk management project in Staten Island.The Corps seeks to 'gain knowledge of the use and…
Hydrogen as fuel was in the spotlight during the last two weeks. The Senate's Energy and Natural Resources Committee held a hearing on February 10 looking at H challenges in the transportation, utility, industrial, commercial, and residential sectors…
The US Army Corps of Engineers (ACE) announced four upcoming Industry Days. (Check SAM.gov for details).The St. Louis District Industry Day is Wednesday, March 2, 2022, 9:00AM to 5:00PM at the Engineering Center of St. Louis. Topics will cover ACE projects and opportunities within other agencies…
ABB and Ballard are progressing to decarbonize marine transport and have received an AiP from DNV for their high-power fuel cell concept, the development of which was launched in 2018. The high-power fuel cell unit is designed to be a flexible…
The United States will hold its biggest ever sale of offshore wind development rights on Wednesday, in an area covering nearly half a million acres off the coasts of New York and New Jersey.It will be the first offshore wind lease sale under the administration of President Joe Biden…
U.S. grains merchant Archer-Daniels-Midland Co said on Tuesday it has carried out the largest soybean shipment in the history of the Ponta da Montanha Grain Terminal (TGPM), located in the northern Brazilian city of Barcarena, as it shipped 84…
The Port of Beaumont announced its Board of Commissioners have approved a $57.3 million construction bid for a project aimed at increasing the port’s general cargo handling capacity by more than 15%. Phase II of the Main Street Terminal 1 project…
Global Energy Storage (GES) announced it has closed the transaction to acquire part of the Stargate Terminal from Gunvor Group in Europoort, Port of Rotterdam.GES, which signed a binding agreement to take over the site in November 2021, now…
The NEcOLEAP project, led by Meyer Turku, is determined to design and build a climate-neutral cruise ship.Meyer Turku was selected to take part in Business Finland’s financing project for leading companies and their partner ecosystems, which…
