Greenland Technologies Holding Corporation (NASDAQ: GTEC) (“Greenland” or the “Company”), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announced that it won a bid from Maryland’s Port of Baltimore, under which Greenland will help facilitate the Port of Baltimore’s ambitious plan to electrify port equipment, including planned sales of the Company’s new… Read More
US engineering and construction giant Bechtel is moving forward with initial construction work on the first phase of Sempra’s Port Arthur LNG export project in Texas worth about $13 billion. LNG player Sempra Infrastructure, a unit of Sempra, took a final investment decision on March 20 for the first phase of its Port Arthur LNG export project…. Read More
The Port of Los Angeles made significant progress to reduce emissions in 2022 compared with its efforts in 2021, according to a report released Thursday. The port’s Inventory of Air Emissions report showed emissions in 2022 were down from all-port related sources in part to a reduction of ships at anchor and ongoing environmental initiatives. “The latest… Read More
The plan to bring an inland port to Southwest Virginia is moving forward. The Virginia General Assembly approved a budget deal on Wednesday, which includes $10 million in funding going towards the inland port. Del. Israel O’Quinn told News 5 a study performed by the Virginia Port Authority and Virginia Economic Development Partnership found Southwest… Read More
A recent study has revealed that some of the world’s largest ports could become inoperable by 2050 due to rising sea levels caused by climate change. The study, titled “Global Maritime Trends 2050,” was commissioned by Lloyd’s Register and Lloyd’s Register Foundation, leading entities in the shipping services sector, Reuters reported. The study highlights that… Read More
The Port of New Orleans was awarded $947,280 in recently announced Port Security Grant funding from the Federal Emergency Management Agency (FEMA) to support the expansion and enhancement of emergency services for Port NOLA’s maritime and industrial operations. With this funding award, Port NOLA will invest in physical and technological upgrades to the Port’s Emergency… Read More
Ports in Europe are racing to win a key role in the bloc’s ambitious climate strategy as they try to evolve from entry points for fossil-fuel imports into industrial clusters for clean energy. In the region’s biggest seaport in Rotterdam, port authorities and major energy companies are developing a large-scale network that will include clean… Read More
South Carolina Ports enters fiscal year 2024 showing signs of strength. SC Ports handled 208,134 TEUs and 115,422 pier containers in July. Imports flowing into the Port of Charleston outperformed U.S. volumes with a 12% increase from June and a 3% increase year-over-year. Exports were up 9% from last year. Total container volume was down… Read More
West Coast ports have a new labor agreement in hand but they face big hurdles in their efforts to get U.S. importers to bring their supply chains fully back through the gateways. New manufacturing strategies along with geopolitical tensions and China’s lagging economic growth are casting clouds over the ports that have long been a… Read More
Aug 31 (Reuters) – U.S. dockworkers ratified a six-year contract that improved pay and benefits for 22,000 employees at 29 ports stretching from California to Washington State, the International Longshore and Warehouse Union (ILWU) said on Thursday. Members of the ILWU voted 75% in favor of approving the West Coast port worker agreement that will… Read More
By Sofia Gerace Sep 2, 2023 (Bloomberg) –Ports in Europe are racing to win a key role in the bloc’s ambitious climate strategy as they try to evolve from entry points for fossil-fuel imports into industrial clusters for clean energy. In the region’s biggest seaport in Rotterdam, port authorities and major energy companies are developing a large-scale… Read More
Bollinger Shipyards has christened the USNS Navajo, a towing, salvage and rescue vessel. The ship is the first in the Navy’s new class of towing, salvage and rescue ships. The vessels are named in honor of the Navajo tribe and its contributions to national defense. The Navajo is the first of nine planned ships. Bollinger… Read More
JACKSONVILLE, Fla — Florida Legislators presented JAXPORT with a $30 million check during the port’s monthly Board of Directors meeting, said JaxPort in a news release. The funding will be used to purchase two new container cranes for the port’s Blount Island Marine Terminal. The new cranes will increase JAXPORT’s cargo handling efficiencies, allowing more… Read More
The PCIP is considered to be a project of national significance by creating a new gateway for west coast imports and exports for the movement of containers through the Port of Coos Bay. Total investment is anticipated to be over $2 billion and will result in the creation of thousands of jobs while adding much… Read More
Galveston City Council failed to approve a port plan to issue $50m in bonds to help pay for improvements to Cruise Terminal 25, the future home of Carnival Jubilee. According to the Galveston Daily News, five of seven council members voted in favor of the debt issue but six votes were needed to pass in this… Read More