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After two years of record results driven by a surge in volumes, capacity constraints, and port delays, the container shipping industry is starting to show the first signs of weakening. With consumers shifting their spending patterns, rampant global inflation, and fears of a looming recession, signs point to the coming normalization of the market that… Read More
JEFFERSONVILLE, Ind. – The Ports of Indiana-Jeffersonville is celebrating the completion of $24 million in infrastructure enhancement projects. The Port received a $10 million Transportation Investment Generating Economic Recovery (TIGER) grant in 2015 initiating big changes in Jeffersonville. All projects were completed in 2022. The grant provided partial funding for $24 million in infrastructure enhancements that has… Read More
Freeport (Brazoria County) — The recently announced U.S. Army Corps of Engineers (USACE) fiscal year (FY) 2022 work plan includes $73,156,000 in funding for the Freeport Harbor Channel Improvement Project (FHCIP). To date a total of $117 million has been allocated to the project for construction since receiving a “new start” designation and initial construction funding in FY 2020. “The inclusion… Read More
Wilmington, N.C. – North Carolina Port’s container terminal at the Port of Wilmington is ranked as the fourth most productive port in North America by World Bank Group and S&P Global Market Intelligence Container Port Performance Index for 2021. The report also ranks NC Ports as the 49th most productive port in the world. The CPPI rankings are… Read More
Trade specialist Jordan Atkins has a hard time squeezing container shipments out of the Port of Vancouver past the tsunami of inbound containers on transpacific routes, particularly to destinations other than Asia. Demand to bring containers into the port from Asia, then return empty containers to manufacturers to be refilled, is so high other routes… Read More
Jacksonville officially entered the era of deeper water for cargo ships as it became the third Southeast port to complete a mega-dredge so it can handle more cargo containers from fast-growing Asian shippers. A contractor for the U.S. Army Corps of Engineers dropped a clamshell into the St. Johns River on Monday and scooped a… Read More
The South Carolina-based 841st Transportation Battalion and Virginia-based 597th Transportation Brigade – units of the U.S. Army’s Military Surface Deployment and Distribution Command – loaded approximately 750 pieces of military equipment at the Jacksonville Port Authority’s (JAXPORT) Blount Island Marine Terminal on May 19-20. The cargo included multiple helicopters and support equipment in support of the… Read More
Today, U.S. Senators Chris Van Hollen and Ben Cardin and Congressmen Dutch Ruppersberger, John Sarbanes, Kweisi Mfume, and Anthony Brown (all D-Md.) announced $15,680,000 to improve rail infrastructure and safety at the Port of Baltimore. This federal funding from the U.S. Department of Transportation’s Federal Railroad Administration (DOT-FRA) will support the construction of four new working rail tracks totaling 16,000 track feet and two crane… Read More
Nineteen of the nation’s top 20 ports are registering record trade this year as consumers tap into savings and credit cards to keep up their spending amid the highest inflation rate in decades, according to the latest government data. Is this the perfect storm? Record trade, blistering growth in imports, the highest inflation in four… Read More
In exclusive commentary to DredgeWire, Great Lakes Dredge & Dock CEO Lasse Petterson said: “We are pleased to be the contractor for the first phase of this important project. A lot of people have worked long and hard to get to this point and we congratulate the Port leadership, Ric Campo, Roger Guenther, and Charlie… Read More
Retired U.S. Army Gen. Stephen Lyons has been appointed as the new port and supply chain envoy to a group created by the White House last June to mitigate economic problems arising from the COVID-19 pandemic. “We are grateful that Gen. Lyons, formerly commander of the U.S. Transportation Command, will now take on the role… Read More
The South Carolina Ports Authority and the port of Charleston announced a new redevelopment effort for a part of the city’s waterfront that however means Charleston will no longer be serving as a homeport for Carnival Cruise Lines. Residents, fans of the cruises, and local businesses expressed their disappointment but port officials said that with… Read More
Once $93 million, improvements to the controversial State Pier in New London have now increased to $255 million, but the chairman of the Connecticut Port Authority on Thursday assured the State Bond Commission that the $20 million it approved for the public-private partnership should finally ready the site for new life as a hub for the budding… Read More
After dredging its main channel to handle larger ships, the Port of Jacksonville now needs to raise power lines that span the waterway because they limit the size of the vessels that can readily call the port’s second largest container terminal by acreage. The power-line raising would be a coda, and a small percentage of… Read More
Working Waterfront Coalition of Whatcom County Leader wins Puget Sound Maritime Achievement Award Port of Seattle Executive Director Steve Metruck was named Puget Sound Maritime Public Official of the Year, and Debbie Granger, long-time member of the Working Waterfront Coalition of Whatcom County, was presented the annual Puget Sound Maritime Achievement Award during the annual Seattle… Read More