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The board of directors of the Cleveland-Cuyahoga County Port Authority (Port of Cleveland) received a report demonstrating significant growth of Cleveland Harbor’s economic impact in Northeast Ohio. The report, authored by international maritime and logistics consulting firm, Martin Associates, found that maritime commerce in Cleveland produces over $3.5 billion of total economic value annually for… Read More
Highstar Capital, a New York-based private equity firm, is said to be exploring the sale of terminal operator Ports America with an estimated asking price of $1 billion. Ports America is the largest independent terminal operator on the U.S. East Coast. Bloomberg News said that RBC Capital was working with Highstar to find a buyer;… Read More
South Carolina Ports Authority President and Chief Executive Officer Jim Newsome has been recognized as the “Person of the Year” by the Agriculture Transportation Coalition (AgTC), the ports authority announced yesterday. Newsome is the first person in the coalition’s history to receive the award. The AgTC recognized him for pioneering a solution to the Safety… Read More
Col. Robert G. Dixon was recently named commander of the U.S. Army Corps of Engineers, Little Rock district. The district has a staff of about 715 employees and is responsible for a $500 million program annually to maintain the Arkansas River and other waterways. The district has 13 locks and dams, 12 multi-purpose lakes, seven… Read More
Col. Bernard R. Lindstrom, Pittsburgh district engineer, U.S. Army Corps of Engineers, will transfer leadership of the Pittsburgh District to Col. John P. Lloyd during a traditional military change of command ceremony July 29. The ceremony will be held starting at 11 a.m. at the Soldiers & Sailors Memorial Hall & Museum, 4141 Fifth Avenue,… Read More
The new head of the U.S. Army Corps of Engineers Walla Walla District was welcomed to town Friday. In a change-of-command ceremony, Lt. Col. Damon A. Delarosa took over from Lt. Col. Timothy Vail, whose new assignment takes him to the Assistant Secretary of the Army’s office in Washington, D.C. Brig. Gen. Scott A. Spellmon,… Read More
The loss of 24 vessels and 650 jobs worldwide have been announced by dredging and marine infrastructure group Royal Boskalis Westminster, following a fleet rationalisation study announced earlier this year. When it reported its figures for 2015, in March this year, Boskalis said it was tightening up its fleet and organisation, and was alert to… Read More
Col. Richard P. Pannell passed the command of the U.S. Army Corps of Engineers Galveston District to Col. Lars N. Zetterstrom, 53rd district commander, during a change of command ceremony at the USACE Galveston District’s Jadwin Building in Galveston, Texas. USACE Southwestern Division Commander Brig. Gen. David Hill presided over the ceremony. “Thank you for… Read More
Speaking to CNBC-TV18 Rajesh Tripathi, Chairman, Dredging Corporation said the the government’s plan to launch about 231 projects under the Namami Gange will bode well for companies like Dredging. He estimates the total size of the entire Namami Gange project will be about Rs 50-60,000 crore spread across four-five years. “About 10 percent of that… Read More
The US Army Corps of Engineers’ Jacksonville District has awarded a Florida small business an almost $12 million contract to renourish and widen beaches at two Miami Beach hotspots near 46th Street and 54th Street. Eastman Aggregate Enterprises LLC of Lake Worth was awarded the $11,889,480.65 contract last Thursday to focus on more than 3,000… Read More
The U.S. Army Corps of Engineers in Jacksonville awarded a contract for shore protection to Great Lakes Dredge and Dock company, of Oak Brook, Illinois, for $13.6 million. The construction will involve placing 650,000 cubic yards of sand over seven miles of eroded beaches — including Jacksonville, Neptune and part of Atlantic Beach. The goal… Read More
A top official of the U.S. Army Corps of Engineers is slated to visit Minot next week to see the issues facing the community, five years after the record flood of 2011. U.S. Sen. Heidi Heitkamp says Jo-Ellen Darcy, the Assistant Secretary of the Army, is coming to hopefully talk with some of the people… Read More
German industrial group Thyssenkrupp announced a further shakeup of its Industrial Solutions unit, which it is restructuring in the face of weak demand for plant engineering and challenges in its naval business. The unit is Thyssenkrupp’s main heavy manufacturing business whose activities range from shipbuilding to mining technology to automotive engineering systems. But it has… Read More
Fincantieri and China State Shipbuilding Corporation (CSSC), China’s largest shipbuilding conglomerate, have signed an agreement for a joint venture aimed at developing and supporting the growth of the Chinese cruise industry. The agreement, which follows the ones signed with CSSC and Carnival Corporation in November 2014, provides that the joint venture will design and sell… Read More
In the Netherlands, Dutch Dredging has kicked off its year round operation on sustainable “drop-in” marine biofuel out of the Dutch Port of Moerdijk. The Alouette, permanently stationed in the port of Moerdijk will operate on a unique marine fuel which for 30% consists out of a sustainable bio components made out of waste streams…. Read More