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A bill making its way through the U.S. Senate could ensure the federal government pays its fair share for Charleston Harbor deepening and other projects that are funded in part by states and other entities. A provision in the Water Infrastructure Act of 2018 mandates reimbursement of Uncle Sam’s share for such projects if a… Read More
Bermuda Land Development Company (BLDC) is inviting local and international developers to apply for consideration regarding an international cargo port infrastructure project in Bermuda. The proposed facility, whose establishment will apparently boost capacity and improve the North Atlantic Ocean territory’s ability to offer possible services like international transhipping and fish-processing, is anticipated to exceed $75m… Read More
Potential investors in Djibouti and the Horn of Africa are being warned that corruption, debt and poor governance pose significant investment risk factors. Last month Ethiopia reached a deal to take a share in the Port of Djibouti following the Djibouti government’s seizure of Doraleh Container Terminal (DCT) from DP World in February, however, a… Read More
Hong Kong should take steps to develop its maritime industry, especially in terms of maritime financing and leasing, with the Financial Services Development Council (FSDC) releasing a research report setting out key recommendations for developing the sector in the city. Top among these was a tax cut, with the report suggesting Hong Kong cut profits… Read More
The Union shipping ministry is considering potential acquisitions of stressed private port assets to enhance the country’s port capacity, starting with two ports in Maharashtra. The move, the first such from the shipping ministry, comes in the backdrop of major ports requiring capacity expansion given the substantial rise in the traffic handled by them. “The… Read More
Gov. John Bel Edwards on Tuesday announced the creation of the Council on Watershed Management, with the purpose of adopting regional approaches to flood mitigation and drainage planning. Ultimately the idea is to focus scarce resources on reducing the level of floodwaters, as opposed to traditional hazard mitigation efforts, he said. “What we can’t do… Read More
The Energy Information Administration has lent weight to calls for more and deeper dredging on America’s Gulf Coast by issuing a report saying that lack of deep enough ports is hurting America’s growing potential as a crude exporter. The report, posted May 16, notes that U.S. crude oil exports averaged 1.1. million barrels per day… Read More
Houses on the shore seem to have been ripped open by a giant claw. The corner of an abandoned school is gutted, leaving what looks like a gigantic bite mark. All that is left of a nearby mosque is a flattened pile of concrete blocks and twisted iron rods. The culprit behind this destruction in… Read More
Works at Anaklia are on schedule, with 80% of the early land works of the first phase of the Anaklia Deep Sea Port already complete. The Anaklia Development Consortium (ADC) and land work contractor ‘Black Sea Group’ carried out the work. A 110-hectare area of fertile (humus) soil has so far been removed and 100%… Read More
The Maryland Department of Natural Resources is providing $12.5 million in Waterway Improvement Fund grants to enhance and improve public boating access, facilities and navigation throughout the state. This fiscal year 2019 funding will go toward 57 projects in 18 counties and Baltimore City. “Boating is a cherished way of life our state, both as… Read More
The Cagayan Economic Zone Authority (CEZA) needs P10 billion in investments to develop Port Irene into a world-class port even as it is considering proposals for the expansion of the Cagayan North International Airport (CNIA), according to Raul Lambino, administrator and chief executive officer. Lambino told reporters on the sidelines of the CEZA Investment Summit… Read More
Metro Atlanta and Georgia are far from the finish line in the water wars. Even after the U.S. Supreme Court rules by June 30 on the case brought against Georgia by Florida, three federal lawsuits remain pending. In each of the three cases pending before a U.S. District Court, the defendant is the U.S. Army… Read More
The Victoria Advocate filed a lawsuit Monday asserting the Calhoun Port Authority broke the Texas open meetings law in hiring former Congressman Blake Farenthold as a lobbyist. “Few rights of the public are as important as the right to knowledge about how their government spends taxpayer funds and manages the public’s business. This suit is… Read More
As plans for the commencement of the Benin River Port Project reaches advanced stages after preliminary work by the China Harbour Engineering Company (CHEC), Edo State Governor, Mr. Godwin Obaseki, has assured investors that the state government will not relent in strengthening security on the waterways and ensuring communal support for projects in riverine areas…. Read More
A Crown-owned water and waste water authority is to be established in the Cook Islands as a part of the Mei Te Vai Ki Te Vai (MTVKTV) project now underway in Rarotonga. The establishment of this authority is being led by the Cook Islands Investment Corporation (CIIC). The core aim of the MTVKTV project is… Read More