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Despite US import volumes breaking new records last year, ocean carriers’ pricing indiscipline drove spot rates down by 30%. According to the latest monthly Global Port Tracker (GPT) report, US imports are expected to show a 7% jump in 2017 over the previous year, to reach 20.1m teu, on the back of a “strong year”… Read More
In a more regional approach to flood control, Harris and Montgomery counties are pursuing a study that could re-evaluate how reservoirs along the San Jacinto River are operated, an apparent response to Hurricane Harvey when massive water releases inundated thousands of homes and prompted a string of lawsuits. The Harris County Commissioners Court voted unanimously… Read More
APT Global has launched and new and improved line of in-house designed dredge ball joints named Maximus, which will become part of the group’s product portfolio. The Maximus dredge ball joint is the result of Finite Element Analysis and provides more balanced stress levels throughout the design. The lower peak stresses improve the strength of… Read More
Eastern Shipbuilding Group, Inc. recently delivered the trailing suction hopper dredge M/V Magdalen to Weeks Marine, Inc. The 6,540 cu.m TSHD has been designed and engineered by Royal IHC of the Netherlands which supplied key components, such as the principal electrical and dredging systems. The vessel is equipped with IHC’s dynamic positioning/ dynamic tracking system,… Read More
On 19th December in Southampton, Laurence Dagley, Director CEMEX UK Marine Limited signed a contract with Frank de Lange, Regional Sales Director of the Damen Shipyards Group for the delivery of the first Damen Marine Aggregate Dredger (MAD). The vessel, which will be built at Damen Shipyards Galati, in Romania, is designed to extract sand… Read More
If the Houston-Galveston region continues to boom for the next 60 years and sea level rises as scientists predict, a direct hit to Galveston from a massive hurricane could destroy an estimated $31.8 billion worth of homes, a new study says. But Texas A&M researchers found that if the government builds a 17-foot barrier about… Read More
Ports around the world have to confront the increasing size of container ships. Few ports possess the natural water depths of up to 15 metres now required by the very largest of them. Typical solutions include dredging, as is the case of most U.S. East Coast ports, or building new terminals offshore, as is the… Read More
Monaco may be the second smallest country in the world, but it is also one of the richest. Almost a third of its residents are millionaires, lured to the French Riviera city state by its lenient fiscal policy — income tax was abolished in 1869. It is estimated that 70% of the population is foreign-born,… Read More
Greek Shipping Minister Panayiotis Kouroublis praised on Thursday the Sino-Greek cooperation at Piraeus port, speaking to Xinhua on the occasion of the launch of new projects to upgrade Greece’s largest harbor. Work has started to upgrade the harbor ahead of the arrival of the new floating dock “Piraeus III”, at the end of February, in… Read More
Up to €80m is to be spent in the Louth and East Meath region on flood defences – but not a penny in the area most affected by recent damage – Dunleer. The lower part of the town was under water in 2014 but the recent allocation of funding has ignored the problem in Dunleer,… Read More
Shifting economic trends, trade flows and global demographic patterns, in conjunction with changes in port ownership could lead to a “transformative year” for port development, according to law firm Ince & Co. These factors could create a “unique set of commercial opportunities for port operators”, which will also impact the wider ports supply chain. Ince… Read More
Port of Antwerp International (PAI), the consultancy and investment subsidiary of Antwerp Port Authority, has been appointed by the Council of Ministers of the West African country of Benin to modernise the port of Cotonou. This port is the economic heart of Benin, handling an annual freight volume of around 12 million tonnes. In the… Read More
The Alabama State Port Authority (ASPA) and APM Terminals boards of directors in separate actions have approved a $49.5 million expansion of the container facility at the Port of Mobile. The Port Authority and APM Terminals jointly will deliver a Phase 3 expansion that includes a dock extension and an additional 20 acres of improved… Read More
The Army Corps of Engineers says it will go public this summer with a revised plan for managing disposal of sand dredged from the Mississippi River around Alma and Wabasha. A controversial sand management plan released last spring drew opposition from landowners, residents and governmental bodies in Wabasha and Buffalo counties. A 40-year proposed plan… Read More
The port of Beira, in the province of Sofala, Mozambique this year plans to adopt an electronic cargo management system allowing users to register their entries at the terminal in advance, via the Internet, which should improve port efficiency, said the managing director of Cornelder de Moçambique, the port’s management company. Jan de Vries also… Read More