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Environmental impact bonds could help the state of Louisiana – and other coastal areas dealing with land loss and sea level rise – restore its rapidly disappearing coast faster, better and for less money, according to a new report released today by Environmental Defense Fund (EDF) and Quantified Ventures. Louisiana has lost nearly 2,000 square… Read More
A public-private partnership that supports wildlife habitat restoration in the Great Lakes region has awarded $6.6 million to 25 projects. The grants come from Sustain Our Great Lakes, a program funded by federal agencies and the steel and mining company ArcelorMittal. Recipients agreed to provide $8.2 million in matching funds. The projects will accomplish objectives… Read More
The construction of new and reconstruction of existing seaports and navigable canals are the main shots in renewal of the dredgers fleet in Russia.The vivid examples are the ports of Ust-Luga and Sabetta.For the benefit of the Republic of Sakha (Yakutia) and the Krasnoyarsk Territory, dredging on the bars of the main rivers was intensified… Read More
In the wake of the devastating flood damage caused by Hurricane Harvey, politicians and community groups have criticised the oversight of the sand mining industry along the San Jacinto River. However, a white paper produced by the Texas Aggregate and Concrete Association has countered that the industry’s activities have had the opposite effect. Which side… Read More
Following several motions calling for an investigation into malpractices in the maritime sector, especially with respect to agencies such as the Nigerian Ports Authority and the National Inland Waterways Authority, the House of Representatives on Monday kicked off its investigation into the allegations. The investigative hearing, which was convened by the House Committee on Ports,… Read More
On the night of Monday, Aug. 6, 2018, drivers in the Theodore area southwest of Mobile experienced a few delays and detours as a massive piece of industrial equipment was moved from the facility where it was built. Here’s a look behind the scenes of that big move. As dusk approached on Monday, Aug. 7,… Read More
The US Trade Representative announced on August 1 that the President directed the USTR to consider raising the level of the additional duty on a list of 6,031 products imported from China from 10 percent to 25 percent. In light of this possible increase in the rate of additional duty, the USTR is extending certain… Read More
Hurricane Harvey swept through the US in September and August 2017, causing $125bn worth of damage and taking 88 lives in Texas alone. Harvey was a once in a thousand years flood event, with more than 60in of rainfall, causing rivers to overflow as floodways and reservoirs failed under the strain of the sheer volume… Read More
Maersk and IBM Introduce TradeLens Blockchain Shipping Solution Industry-wide collaboration announced in January advances as more than 90 organizations participate in the global trade solution. More than 154 million events captured on the platform and growing by one million per day. In a follow up to their January announcement, A.P. Moller – Maersk (MAERSKb.CO) and… Read More
A year to the day since Hurricane Harvey slammed into Texas, Houston area residents are set to vote on whether to overhaul the region’s beleaguered flood-protection system, an election that local officials have cast as critical to the area’s future. On the ballot in Harris County is a $2.5 billion bond backed by property taxes… Read More
Kenya Ports Authority (KPA) has awarded Rotterdam-based Maritime & Transport Business Solutions (MTBS) a contract to plan for the development of 11 ports in the country. MTBS and Runji will develop a master plan study for eight of the 11 potential port sites, with Nairobi-headquartered Runji & Partners, that is expected to facilitate their development…. Read More
A proposal by the U.S. Fish and Wildlife Service to expand the boundaries of protected land in Cape May County’s Hereford Inlet could complicate future beach replenishment projects in Avalon, North Wildwood and Stone Harbor. The proposal would ban the use of nonemergency federal dollars for dredging in Hereford Inlet, which is where the U.S…. Read More
U.K. based Marine Software Ltd have recently supplied Cemex UK Marine with the MPM – Marine Planned Maintenance for Windows software for their new build vessel CEMEX Go Innovation. The contract for this Damen Marine Aggregate Dredger (MAD) 3500 vessel, the first in the next generation of environmentally designed dredgers, was signed by Cemex in… Read More
U.S. ports, which handle hundreds of billions of dollars in merchandise each year, will be the first to feel the pain if the Trump administration’s trade war begins to slow the global economy. So, as the White House threatens to impose higher duties on $200 billion worth of Chinese goods, port managers are bracing for… Read More
Rotterdam based company has been contracted to plan for building of 11 ports in the country. Maritime and Transport Business Solutions (MTBS) is offering consultancy services for developing a master plan for the ports. The Kenya Ports Authority (KPA) announced on its website that MTBS will carry out the project together with Nairobi based Runji… Read More