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Moody’s Investors Service announced today that it assigned an A1 rating to the Port of Corpus Christi Authority’s pending $200 million Senior Lien Revenue Bonds, Series 2018A&B, and concurrently upgraded the Port’s existing $106 million Revenue Bonds, Series 2015, from A1 to Aa3. “We are pleased with Moody’s recognition of the Port of Corpus Christi’s… Read More
The lawyer representing three Mother Nature activists and an official from the NGO Adhoc asked the Supreme Court on Monday to drop the charges against them. Sim Samnang, San Mala and Try Sovikea, all activists with the environmental organisation, were sentenced in 2016 to 18 months in prison and fined a total of $25,500 by… Read More
GeoSpark is one of the fastest growing developer platforms working on a energy efficient location tracking technology with 90% less battery drain for iOS and Android, today announced that it raised €500K. This Seed round was done by Airbridge Equity Partners, an Amsterdam based technology venture capital firm. “Location has become a core fundamental feature… Read More
For years, said Brian Day, executive director of the Port of Little Rock, Ark., various leaders in and around the McClellan-Kerr Arkansas River Navigation System (MKARNS) would dutifully trek to Washington, D.C., to advocate for the needs of the river system. “We would talk to the Department of Transportation and the Corps of Engineers and… Read More
A dredge, a crane, a municipal agreement that crosses town boundaries and two nesting piping plovers with their own set of boundaries: an emergency effort to dredge the channel at Lake Tashmoo this summer has rapidly become a logistical and bureaucratic tangle worthy of a Rube Goldberg drawing. Due to lapsed permits, the channel was… Read More
Despite appearances, we are running out of sand. While that might seem farfetched – sand is seemingly everywhere – there is not only a thriving international trade in the commodity, but it’s the second-most heavily exploited natural resource after water and, by volume, the most heavily extracted solid material in the world. Like any commodity,… Read More
ENVIRONMENT Threat of Another Flood in the Valley Brings Back Nightmares of 2014 Disaster Soon after the devastating deluge, the Center had sanctioned two flood management programs for the region. But after spending hundreds of crores and almost four years, the situation on the ground has only worsened. Threat of Another Flood in the Valley… Read More
A new study released by the Army Corps of Engineers today improves the benefit-cost ratio for building a new lock at the Soo Locks and stresses the economic consequences of not fixing the vital shipping corridor, Gov. Rick Snyder and Lt. Gov. Brian Calley said Friday. All of the iron ore mined in the United… Read More
Several current and former East Hampton Town officials, including Supervisor Peter Van Scoyoc and former Supervisor Jay Schneiderman, have been called to testify in the ongoing trial of a lawsuit filed by a group of Montauk homeowners against the town over erosion in front of their homes west of Culloden Point. The lawsuit was filed… Read More
The Port of Vado Ligure is expanding its capacity. Mounted on the barge “Wise”, the Liebherr duty cycle crawler crane HS 8130 HD is removing sediment from the mouth of the port and is increasing the depth of the water to enable trouble-free shipping. As one of the major hubs for ferry services to Corsica… Read More
“Docking is one of the most challenging boat handling maneuvers—getting it wrong can be embarrassing, expensive and precarious,” said Björn Ingemanson, president of Volvo Penta, which this month revealed self-docking technology for its Inboard Performance System. The system augments joystick-controlled maneuverability with GPS awareness and sensors allowing the boat to see its surroundings, not unlike… Read More
For the past one month, a titanic Dutch sand dredger dubbed the “world’s largest floating vacuum cleaner” has been spotted sailing back-and-forth between Johor and southern Singapore along a sea route well known for its smuggling activity. The 230.71-metre long vessel with 33,423-gross tonnage has been identified as the “Queen of the Netherlands” and was… Read More
The Nigerian Ports Authority has concluded plans to commence the dredging of Escravos Channel, Warri Port. The agency gave this indication on Tuesday when the Managing Director, NPA, Hadiza Usman, paid a courtesy call on the Olu of Warri, Ogiamen Ikenwoli II, in Warri, Delta State. Usman, who was represented by the Executive Director, Marine… Read More
THE reestablishment of mining operations in Karumba is reopening opportunities in the town with a channel dredging program allowing access for live export ships. New Century Mine took control of mining assets in the beginning of 2017 with operations set to resume in August this year. Head of Corporate Affairs Shane Goodwin said the previous… Read More
The passenger terminal building at the Cagayan de Oro port is expected for completion on Dec. 15, the Department of Transportation (DoTr) said. In a statement on Sunday, DoTr said the construction of the terminal, which is the biggest in the country is now in full swing. “This modern two-storey terminal building houses passenger port… Read More