It's on us. Share your news here.
It's on us. Share your news here.
Savannah, Ga., is about to get a 6.5 million-square-foot injection of industrial inventory, which the market desperately needs. SJP Properties, Chesterfield and Atalaya Capital Management have broken ground on the first of 12 buildings at a $550 million industrial park, which will be known as the Georgia International Commerce Centre. That should help accelerate supply chains that depend on the… Read More
Port of Seattle has released its proposed 2023 budget, and along with it a $82.7 million dollar property tax levy that would see Seattle property taxes rise by an average of $78.42 per homeowner annually. This per-homeowner cost is based on a median Seattle home value of $830,000 and comes to 9 cents per $1000 of… Read More
Good news for the Port of South Louisiana: The Federal Emergency Management Agency (FEMA) has awarded the Port nearly $700,000 to upgrade its cybersecurity framework in the face of the ever-evolving threat landscape. Together with the Port’s 25% funding match, this means that nearly a million dollars will be earmarked for new, updated, and ongoing… Read More
A Coast Guard Air Station Clearwater MH-60 Jayhawk helicopter crew conducts assessments after the path of tropical storm Nicole November 11, 2022 in the southwest Florida areas. Personnel from the Seventh Coast Guard District are responding to the aftermath of Hurricane Nicole, Friday. Hurricane Nicole has been downgraded to Tropical Depression Nicole. Crews from Coast… Read More
Security concerns related to Chinese investments in overseas ports are mounting as the country’s firms acquire more stakes at shipping hubs around the world and geopolitical tensions rise. Chinese companies have expanded investments at foreign ports in recent years and now run major container terminals in locations including Belgium, Israel, Spain, Sri Lanka and the United Arab Emirates. All told,… Read More
Great Lakes Dredge & Dock Company, LLC, who are currently dredging segment 3/4a of the #HoustonShipChannel Expansion-Project 11, rescued 3 men earlier this week in Galveston Bay. The 3 men had a 25-foot oyster boat that caught fire and the crew of the Master Dylan quickly rendered assistance. https://lnkd.in/d6QXUxiT Source
The Maritime and Port Authority of Singapore (MPA) and California’s San Pedro Bay ports of Los Angeles and Long Beach have begun discussions to establish a green and digital shipping corridor between Singapore and the San Pedro Bay port complex. The corridor will focus on low- and zero-carbon fuels for bunkering, as well as digital… Read More
As global trade continues to slow, its is impact the shipping industry as well as ports and related businesses. The effects are beginning to show in more forecasts with the National Retail Federation, for example, today lowering its projection for U.S. imports. While still forecasting a “healthy” and “positive” holiday retailing season in the United… Read More
Bayonne Dry Dock & Repair Corp. has become the newest participant in Green Marine, the comprehensive voluntary environmental certification program for North America’s maritime industry. Situated just miles from the Verrazan-Narrows Bridge, in Bayonne, N.J., the shipyard has no air draft restrictions and is ideally located for both commercial and government vessels. “At Bayonne Dry… Read More
The Port of Rotterdam has started to think about how to manage the airspace occupied by drones A vision of the future where unmanned drones abound, making deliveries and picking up cargo samples for early analysis, has prompted the Port of Rotterdam to start a trial of an unmanned traffic management system With more than… Read More
With the announcement last week of a $10.1 million federal grant, the Port of Green Bay has now secured a majority of the funding to transform the former Pulliam Power Plant property into a state-of-the-art port facility, which clears the way for other developments upriver including the eventual elimination of coal piles south of the Mason Street… Read More
Dredging for the Houston Ship Channel Expansion-Project 11 continues! Port Houston is expediting the work by employing multiple dredge companies. Great Lakes Dredge & Dock Company, LLC is currently dredging Segment 1A, from Bolivar Roads to Redfish, which will widen the Houston Ship Channel to 700 feet. Curtin Maritime, Corp. via DB Avalon, the largest clamshell dredge in North America, commenced… Read More
With no letting up of the surge in container volume passing through Port Houston, the Port Commission of the Port of Houston Authority authorized its first container dwell fee designed to reduce long-dwelling import containers sitting at the port’s two terminals. Houston joins other ports such as Oakland, California which reduced the free time for… Read More
Crowley and the Port of Jacksonville, Fla., (JAXPORT) have been awarded a federal grant to support a $14.6 million project to reduce emissions and add electric-power equipment at Crowley’s terminal. The U.S. Department of Transportation and the Maritime Administration (MARAD) awarded the grant under the Port Infrastructure Development Program. The funding will pay 50 percent… Read More
NEW ORLEANS–(BUSINESS WIRE)–International-Matex Tank Terminals (IMTT) announced today that it has closed on the sale of the company’s two Savannah, Georgia terminals to Colonial Group, Inc. in a cash transaction for an undisclosed amount. The Savannah North and Savannah South terminals are located on the Savannah River and have approximately two million barrels of storage… Read More