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Categories for Project Updates & Industry Developments

Hampton reopens Buckroe Beach after replenishing sand between Point Comfort, Pilot avenues

VA, United States

Buckroe Beach reopened to the community on Monday, after weeks of a dredging and widening project. Starting in November, Great Lakes Dredge and Dock Company LLC starting bringing in sand from the “horseshoe shoals” area of the Chesapeake Bay, and piling that up between Point Comfort Avenue and Pilot Avenue. The boardwalk stayed open, but people… Read More

Mississippi River getting a refill from storms, moves cargo once again

MS, United States

Barge and ship captains across the Mississippi River are getting an early Christmas gift from Mother Nature – rain and lots of it. Thirsty Ol’ Man River is finally drinking up winter rains, giving hope to the thousands of grounded captains, fearful farmers and stores waiting for the 500 tons of merchandise and commodities the river transports… Read More

Restoring NY-NJ Estuary Will Create Breathtaking Views And More

New York , NJ, United States

I have a vivid memory as a child while living in Brooklyn, New York in the 1970’s. I’m in the car with my family and we’re driving along the Belt Parkway when suddenly the vehicle fills up with a familiar stench that tells me we’ve reached Jamaica Bay. I hold my breath and look out… Read More

VesselsValue names top 10 ship owning nations

World ,

Rebecca Galanopoulos Jones, senior content analyst at online ship valuation and data provider VesselsValue, has analyzed the top 10 global ship owning nations, looking into the total fleet values, S&P activity, and top companies of each country. Here’s her assessment: JAPAN In terms of fleet value, Japan has moved back up to first after falling… Read More

Report Plots Path to a Net Zero Future for UK Shipping

United Kingdom

A report produced by Marine Capital, with the support of UMAS and Lloyd’s Register (LR), estimates that approximately $93 billion of investment over the coming three decades will be required for the UK’s domestic maritime sector to transition to net zero. The UK has committed to reaching net zero by 2050, and this target extends to… Read More

Provisional ETS Agreement Welcomed by European Shipowners

World ,

European shipowners have welcomed the outcome of trilogue negotiation and the provisional agreement on the EU ETS maritime. The Parliament and the Council have embraced the calls of the industry stakeholders to earmark EU ETS revenues back to the maritime sector to support its energy transition. At least 20 million ETS allowances, which correspond to… Read More

Parks Announces New $20 Million Waterfront Space on Lower East Side as Part of East Side Coastal Resiliency Project

NY, United States

On November 29, 2022, officials from the Departments of Parks and Recreation, Design and Construction and NYC Economic Development Corporation joined elected officials and community representatives to celebrate the opening of the new recreational deck at Pier 42 in the Lower East Side. Pier 42 is located off the East River Greenway and is located… Read More

Munich Re estimates 2022 storm losses at $110bn, of which $65bn insured

United States

Reinsurer Munich Re has estimated that, following the 2022 North Atlantic hurricane season, overall losses from all storms amounted to around US $110 billion, with insured losses in the magnitude of $65 billion. Hurricane Ian alone is expected to generate losses of $100 billion, Munich Re said, with $60 billion of these losses to be… Read More

Famous Maui Beach, Kaanapali, Disappears Due to Erosion; Some Call for Relocation of Resorts

HI, United States

One of the most popular and famous beaches in the United States, if not the world, is disappearing: Kaanapali Beach on the Hawaiian Island of Maui has been facing unprecedented beach erosion this year. While local officials and property owners are scrambling on short-term plans, some are calling for the relocation of this resort community,… Read More

West Bank coastal restoration project, one of state’s biggest, topic of 6 meetings

LA, United States

One of the biggest marsh restoration projects proposed in Louisiana’s 50-year, $50 billion coastal master plan will be up for discussion at six public meetings in the next three weeks. The Mid-Barataria sediment diversion project, planned for the West Bank at Myrtle Grove, is aimed at restoring marshlands by diverting sediment through the Mississippi River levee into Barataria Bay. The $1 billion project has strong advocates… Read More

‘Sand is like gold.’ The pricey race to restore Florida beaches before the next hurricane

FL, United States

Florida’s sandy beaches aren’t just beautiful and one of the biggest money-makers in the state’s tourism-based economy. They’re also the first line of defense against storm surge flooding during hurricanes. Now, after hits on both coasts during the 2022 hurricane season that ended Wednesday, those beaches are in desperate need of repair. Even before hurricane… Read More

2023: Peter Obi wants to establish a green army to tap into $3 trillion international climate finance

World ,

In his newly released 2023 presidential election manifesto, Labour Party candidate, Peter Obi promises to identify opportunities and tap into the $3 trillion international climate finance using a green army.  The manifesto tagged “Our Pact with Nigerians: Creating a new Nigeria” was made public during a broadcast on Channels Television on Saturday, December 3.   A part of… Read More

Charleston Harbor Deepening Project complete, McMaster to visit

SC, United States

The Charleston Harbor is now the deepest harbor on the United States’ east coast at 52 feet. Officials with the South Carolina Ports Authority say the Charleston Harbor Deepening Project is completed, and they will mark it with an event Monday. Costing around $600 million dollars, the project was entirely funded through federal, state and… Read More

Hatteras Inlet channel is realigned; now a federal channel for dredging

NC, United States

Just after noon on Friday, Dec. 2, 2022, Steve Coulter, chairman of the Dare County Waterways Commission, called and said “it’s signed, sealed and delivered.” After almost two years, the realignment of Hatteras Inlet is now accomplished. “It’s federal now,” said Coulter. It means that the horseshoe route is now entirely open to federal dredging…. Read More

Race is on to restore Florida beaches; over 50% of beaches “seriously eroded” BEFORE 2022 hurricane season

FL, United States

MIAMI — Florida’s sandy beaches aren’t just beautiful and one of the biggest money-makers in the state’s tourism-based economy. They’re also the first line of defense against storm surge flooding during hurricanes. Now, after hits on both coasts during the 2022 hurricane season, those beaches are in desperate need of repair. Even before hurricane season… Read More

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