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Growth of Halifax’s container business lately has been good news for the Nova Scotia economy, but despite the signs of prosperity there is also a level of concern about the port’s ability to service an ever-expanding business. While Halifax is an ice-free, deep-water port requiring little or no dredging, the key to the success of… Read More
Seaports along the Texas coast shut down Friday as they prepared for heavy rains and winds from Hurricane Harvey, disrupting shipments of energy products and consumer goods along one of the nation’s busiest shipping corridors. (Follow live coverage of the storm.) By midday, terminals at Port Houston, a major shipping hub for petroleum products and… Read More
The Panama Maritime Authority (AMP) and the Port of Hamburg in northern Germany signed a Memorandum of Understanding (MoU) agreement on strategic cooperation last Tuesday. The agreement was signed by Panama’s minister of maritime affairs and administrator of the AMP Jorge Barakat and by Jens Meier, the Port of Hamburg Authority executive president. The document… Read More
Previously occupied by BAE Ship Repair and then Puglia Engineering, the shipyard at Pier 70 in San Francisco is undergoing investments and improvements including dredging and is now up for lease, according to the city and county. The Port of San Francisco is searching for a new tenant for the shipyard at the port’s Pier… Read More
Port Freeport is building a railyard with 21,000 feet of track to serve a 250-acre site that is adjacent to the Texas port and will be used for warehousing and distribution of synthetic resins, automobiles, and other cargo. The site, known as Parcel 14, is part of the port’s effort to expand its container and… Read More
Port of Tauranga posted a 7.9 per cent gain in annual profit, driven by record volumes of cargo, and announced the next instalment of its capital return saying it expects further growth in volumes and earnings this year. Profit rose to $83.4 million in the 12 months ended June 30 from $77.3m a year earlier,… Read More
Kolkata Port Trust chairman MT Krishna Babu informed Chief Minister Mamata Banerjee that KoPT will soon appoint a consultant to prepare TEFR (Techno Economic Feasibility Report) for Tajpur Port which will be ready in three to four months time. Once TEFR is ready, the Union Shipping Ministry will process for Cabinet approval for development of… Read More
A new U.S. Army Corps of Engineers survey vessel will soon be crisscrossing Baltimore’s Inner Harbor. It will work faster and more efficiently than ever before to accomplish its mission. Advertisement “She’s definitely using a lot more new technology, so going from an older no power windows to having a boat that’s got power everything,”… Read More
THE Innovation, a 147-metre ship docked in Rotterdam, looks like a cross between an oil rig and a robot from a “Transformers” film. Her crane has been loading on giant pipes throughout the night. Soon the ship will travel to sea, where an automated hammer will drive the pipes into the ocean floor to support… Read More
Since China Export & Credit Insurance Corporation (Sinosure) was established in 2001 it has played a major role in supporting Chinese foreign trade. According to Sinosure statistics, its total credit and guarantee exposure totalled $2.8 trillion by the end of 2015, with claims paid amounting to $9.5 billion. However, this year there’s been a change… Read More
Five big global marine and inland terminal operators are queuing up for the contract to build Bangladesh’s maiden specialised maritime terminal in Chittagong. A local company is also an aspirant for the terminal project to be implemented on public-private partnership (PPP) model at Laldiar Char, situated adjacent to the Karnaphuli river estuary. The Chittagong Port… Read More
Life in a river basin has its rewards and challenges. A recent tour of the Red River by the Mississippi River Commission on a stop in Shreveport brought with hope for the future of navigation on the river. The motor vessel named the Mississippi docked last week at the Port of Caddo-Bossier and on board… Read More
The battle between Connecticut and New York over the dumping of dredged material in Long Island Sound has intensified with a federal lawsuit by New York challenging a dumping site near New London. Connecticut officials hit back Friday, saying the lawsuit challenging a decision by the U.S. Environmental Protection Agency will hamper shipping in the… Read More
An US operator is to operate a Georgian terminal which could help establish a new corridor between China and Europe. Seattle’s SSA Marine has been appointed a 20-year tenure as operator for the Anaklia Deep Water Black Sea Port’s container terminal by Anaklia Development Consortium (ADC). “Along with our American partners, we have been given… Read More
If private contractors were to bid on and work on projects to clean up the Chesapeake Bay, would it reduce the amount of pollution going into Pennsylvania’s waterways and cost less? Republican State Sen. Richard Alloway of Franklin County thinks so. Sen. Alloway has introduced legislation that would allow private contractors to work on the… Read More