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Container trade at the Port of Savannah grew by 32 percent in October, with Garden City Terminal moving 410,000 twenty-foot equivalent container units, an increase of nearly 100,000 TEUs. It was the first time in the port’s history that it topped 400,000 TEUs in a single month. For the fiscal year to date (July 1-Oct…. Read More
Financial investors in North American ports and operating terminals may face difficult choices in the next few years, as margins continue to be squeezed and returns diminish, according to a new report from AlixPartners. Prior to the global recession, scores of institutional investors were lured to the sector and its seemingly risk-free and stable returns…. Read More
The government in Colombia is undertaking a study for the development of terminals across 17 ports, distributed between the country’s Caribbean and Pacific coasts. These are seen as medium-term projects and their establishment would help upgrade existing logistics provision in the country. The various projects would require private sector investment of approximately $1.5bn. Three of… Read More
The European Commission has approved under EU state aid rules the prolongation until end 2022 of various Belgian support measures for maritime transport. To address the risk of flagging out and relocation of shipping companies to low-tax countries outside of the EU, the Commission’s 2004 Guidelines on state aid to maritime transport allow member states… Read More
Concerned that an appeals court stay of the contentious Clean Water Rule is at risk, U.S. EPA and the Army Corps of Engineers are working to delay the effective date of the Obama-era regulation. The White House Office of Information and Regulatory Affairs is considering the proposed amendment to the 2015 standard, also known as… Read More
Dithering on privatisation is not distracting Canadian ports from building their business, says Martin Rushmere Depending on whom you ask, cargo volumes through Canadian ports will rise between five and 10% this year, with containers likely to hit the 6m teu mark and, according to ultra optimists, perhaps reaching 7m teu. Half-year volume figures show… Read More
An EU-funded green initiatives project aims to define the port of the future and its challenges. Consulting firm Circle will manage the ‘DocksTheFuture’ project selected by INEA under the EU Horizon 2020 Programme within the ‘Smart, green and integrated transport’ challenge, which includes areas such as aviation, infrastructure, green vehicles and ‘Blue Growth’. The EUR1.2m… Read More
Caterpillar Marine has introduced its Multi-Engine Optimizer (MEO) tool designed to leverage proprietary performance data and patented control algorithms to provide intelligence for power management systems. “MEO is designed to operate in conjunction with any system, new or retrofit,” said Theodore Wiersema, business process manager for Caterpillar Marine. “The PLC-based system contains proprietary performance data… Read More
The owner of an Ardrossan company has developed technology that should speed the removal of toxic tailings ponds polluting defunct mine and industrial sites around the world. Conventional dredging generally relies on people operating vessels that float on the surface and suck or dig up material from the bottom, but Canada Pump and Power’s underwater… Read More
China has launched Asia’s largest dredging vessel described by local media as a “magic island maker,” the South China Morning Post reported on Saturday. The vessel named Tian Kun Hao has begun its water tests at the coastal province of Jiangsu. The ship was reported to have a deck the size of nine basketball courts… Read More
Defense Secretary Delfin Lorenzana has said they will be monitoring the possible arrival of a Chinese dredging vessel in the disputed islands in the West Philippine Sea (South China Sea) following its launch by the Chinese government. In a press briefing at the AFP Theater at Camp Aguinaldo, Quezon City, shortly after the Department of… Read More
City council is to be asked to consider the wharf at 1 Queen St. as the site of a deepwater dock to accommodate cruise ships. City staff are recommending that Crawford Wharf continue to be used to dock smaller cruise ships and that the city begin discussions with the owner of the 1 Queen St…. Read More
The Gambia Ports Authority has said that the volume of cargo being handled at the country’s seaport has currently experienced an upsurge, which is more than the projected annual average growth. According to Ousman M. Jobarteh, the deputy managing director of The Gambia Ports Authority, this may be attributable to renewed confidence in the market,… Read More
Mud Cat is pleased to introduce the new highly portable and affordable Mud Cat® MC 115D, which boasts unmatched versatility in the mini-dredge product space. The MC 115D maximizes output on its 24 ft. (7.3m) long platform with a 115 HP (85 kW) diesel engine. An optional self-launching hydraulic tilt trailer and built-in pipe rack… Read More
Honda moved 47,700 vehicles across the docks at the Colonel’s Island port terminal in the last fiscal year, nearly tripling the amount of cargo the company shipped through the Port of Brunswick, according to a release from port officials. American Honda Motor Company added 34,700 vehicles to its traffic through the local port in fiscal… Read More