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Several state lawmakers on Monday vowed to champion a hurricane protection system for the Texas coast — the Houston region, in particular — by giving money to scientists so they can finalize storm surge barrier proposals, or by working with members of Congress to bypass a lengthy U.S. Army Corps of Engineers process and secure… Read More
India’s ports sector continued its financial recovery in fiscal year 2015 to 2016 after its 12 major state-owned ports, known as major ports, booked an increase in operating profit of 19 percent. The country’s 12 public port trusts registered a combined operating profit of Rs. 4,268 crore ($641.5 million) in the year ending Mar. 31,… Read More
A port funding request that could provide revenues for dredging as the Los Angeles/Long Beach port complex prepares for the new megaships moved forward Tuesday when the House Committee on Appropriations included it in a draft bill. U.S. Rep. Janice Hahn’s request for $1.26 billion — which, if eventually approved, would be divvied up among… Read More
On Saturday, Iran’s official oil and gas media outlet, Shana, announced that India intends to spend $20 billion on developing energy and petrochem projects at the port of Chabahar in southeastern Iran, the closest deepwater Iranian port to the subcontinent. The Indian minister of petroleum and natural gas, Dharmendra Pradhan, said after a meeting with… Read More
Thousands of tonnes of materials have been ordered by the Government to address flood issues in the Shannon region – despite there being no new plan to handle the problem. Locals on the banks of the country’s largest river have been calling for urgent works to be carried out to prevent a recurrence of last… Read More
For the first time since the recession, the city is putting aside money for several years of beach restoration. It will keep the beach from Rudee Inlet to 89th Street on a regular replenishment schedule and reduce some of the concerns among beachfront residents such as Pearson. In this year’s proposed budget, the city plans… Read More
In the next year and a half, Long Beach residents could see a plan take shape that could tear down or otherwise modify the massive breakwater that sits offshore. About 50 people attended a community meeting at Bixby Park Community Center Thursday afternoon hosted by Mayor Robert Garcia and the U.S. Army Corps of Engineers,… Read More
The latest Container Shipping Forecaster from MSI suggests a more positive market outlook for the container shipping sector in 2016 than the analysis of most of its peers. Though its supply-side predictions are broadly aligned with those of Drewry and Alphaliner, MSI makes a more optimistic forecast on the demand side – indeed its trade… Read More
Brazil’s passionate Ports Minister Helder Barbalho announced that the recently delayed second tranche of port privatizations valued at more than 2.8 billion reais ($763.3 million) would go forward on June 5 at the Sao Paulo bourse. In his opening speech at the Intermodal South America conference he said Brazil would be able to overcome the… Read More
After 13 years of accumulated silt building up in the Petaluma River, stranding boats and discouraging shippers and yachters from plying these waters, there is finally some potential for movement toward dredging the river. The action is the culmination of a year of meetings between several regional governments all in the same marooned boat, including… Read More
A federal trial has been scheduled for September to resolve a lawsuit filed seven years ago against General Electric Co. by the town of Halfmoon and the Saratoga County Water Authority over whether they should be reimbursed for the costs of finding alternate water supplies as a result of the Hudson River PCB dredging project…. Read More
BP has been ordered to pay $5.5 billion to settle civil damages claims made by the U.S. as a result of the Deepwater Horizon oil spill. The amount will be paid over the course of 16 years. Despite protests from both Congress and a broad coalition of environmental groups, the final settlement will allow BP… Read More
General Electric CEO Jeff Immelt defended his company when a reporter asked about the polluted Housatonic River it left behind after leaving Pittsfield. GE, which is set to complete the moving of its headquarters to Boston from Connecticut in 2018 and focus on the “??industrial internet,”? once had facilities in Pittsfield. The company’s departure economically… Read More
The future of two area Missouri River dams could receive high priority under a federal program, a U.S. Army Corps of Engineers official said Monday. Paul Boyd, a Corps hydraulic engineer with the Omaha District, addressed the annual meeting of the Missouri Sedimentation Action Coalition (MSAC) in Yankton. Boyd spoke with the Press & Dakotan… Read More
The South Carolina Ports Authority exported the two millionth BMW manufactured in South Carolina, a milestone celebration of the port’s longstanding partnership with the nation’s top vehicle exporter. The two millionth vehicle, a BMW X5 M50d, was loaded for export onto the ELEKTRA vessel operated Wallenius Wilhelmsen Logistics for delivery to a customer in Germany…. Read More