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The Chennai Port Trust here has taken up dredging activities in order to attract large number of cruise vessels and has received Rs 70.24 crore as grant from the Tourism Ministry for the purpose, a top official said. “We have been taking up dredging activities for receiving large cruise vessels. In fact, a maiden cruise… Read More
Ghana and China have signed an agreement for the construction of the Jamestown fishing port complex. The 50-million-dollar project is expected to commence this year (2018). At the signing ceremony in Accra, the Minister of Finance, Ken Ofori-Atta, said the complex when completed will enhance the productivity of the fisherfolk and create about one thousand… Read More
Chennai port has reported a net profit of Rs 32 crore during the financial year 2017-18 against Rs 13 crore in the previous fiscal. Operating surplus was Rs 225 crore against Rs 217 crore in the previous year, a 3.82 per cent increase. Better financial performance was possible due to higher cargo volume of 51.88… Read More
The Connecticut Port Authority (CPA) is relatively new. The authority wasn’t formed until 2015 and didn’t hire the new port director, Evan Mathews, until September of 2016. So, the process of “table setting” for future projects is still in the stage of finding out what’s in the drawer. It’s no easy task as the CPA’s… Read More
The latest in a growing string of Suezmax tankers fully loaded with crude oil left the Port of Corpus Christi this week. Buckeye Partners and Trafigura on Friday announced their first shipment of crude oil by Suezmax tanker from the port’s Buckeye Texas Hub terminal. The companies released an image of the vessel, named the… Read More
New England’s Port. The Port of Boston, specifically Massport’s container facility at Conley Terminal, is New England’s port. For years, it might have been debatable whether the Port of Montreal in Canada or the Port of New York/New Jersey was really New England’s port but not now. That day has passed. What’s changed over a… Read More
Representatives of the U.S. Army Corps of Engineers will hold five public forums along the Missouri River Basin this month, including in Pierre on April 18, to give updates on the “current hydrological conditions and the planned operation of the mainstem reservoir system during the coming months,” according to a news release on Thursday from… Read More
SE “Ukrainian Sea Ports Authority” considers a possibility of dredging water area of Yuzhniy seaport to 21 meters, reports UkrAgroConsult. “Large-scale fleet gets more and more preferable in the world. Now exporters from India and Brazil are building a fleet of more than 400.000 TEU. This leads to the necessity of deepening deeper water ports…. Read More
Environmental Protection Agency (EPA) Administrator Scott Pruitt has signed a directive giving himself more authority to determine environmental regulations for projects near regional waterways, according to a memo released Wednesday. The internal document obtained by the advocacy group Public Employees for Environmental Responsibility (PEER) gives the EPA chief final decisionmaking authority over the protections of… Read More
U.S. Rep. Joe Courtney says he’s working with a broad Connecticut coalition to contest a lawsuit filed by New York state opposing a federal plan to allow dredged sediments to be dumped into Long Island Sound. The Democrat appeared Thursday with regional governmental and marine organizations, local businesses and state officials to announce plans to… Read More
The Republic of Iceland has made commitment to the development and improvement of the Liberian Fishery Sector. Making the commitment during a power-point presentation over the weekend, World Bank Senior Natural Resource Economist said Iceland has agreed to provide technical assistance towards the development of the sector. Madam Jingjie Chu told a gathering of officials… Read More
As a Grand Isle native and former businessman, I’ve witnessed our coastal devastation firsthand. I’ve seen homes flood, productive fisheries disappear, hardworking citizens forced to change careers and move away, and industries relocate. I take this personally, and for me and my fellow citizens of coastal Louisiana, “doing nothing” is not an option. Since 1932,… Read More
The Kolkata Port Trust (KoPT) handled 57.88 million tonnes of cargo in 2017-18 (FY18), achieving a 13.61 per cent growth over 50.95 MT handled in the previous fiscal, an official said on Wednesday. Its operating income, excluding dredging subsidy, increased to Rs 2,046.09 crore during 2017-18, up 15.06 per cent from Rs 1,778.26 crore in… Read More
Protecting Asia-Pacific ports against climate change could cost up to US$49 billion, according to new research commissioned by HSBC from sustainability analysts Asia Research and Engagement (ARE). The report Climate Costs for Asia Pacific Ports evaluates the climate risk of 53 of the Asia Pacific region’s largest ports and estimates costs for adaptation. It also… Read More
The Port of Brownsville plans to get private industry to pay for the deepening of the ship channel, in hopes that the federal government will later reimburse those companies. For over a decade, the Brownsville Navigation District has worked on a project to have the ship channel deepened from the current 42 feet to 52… Read More