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‘Start-ups – often young entrepreneurs – have the energy and freedom to target innovations and new markets. In contrast to large established group companies, they have not a lot to lose at this stage,’ says Paul Smits, CFO of the Port Authority of Rotterdam. ‘We need their innovative power to remain the world’s most innovative… Read More
The U.S. Army Corps of Engineers Galveston District awarded a contract in the amount of $6,147,750 to Goodloe Marine Inc., for pipeline dredging of the Gulf Intracoastal Waterway (GIWW), Texas, Channel to Victoria. The contractor is required to remove 1.3 million cubic yards of material located along the lower and middle reached of the GIWW,… Read More
German container shipping line Hapag-Lloyd AG (HLAG.DE) has agreed a merger deal with United Arab Shipping Company (UASC), creating a group with an estimated value of 7 to 8 billion euros($7.7-8.9 billion), as both seek to weather a market downturn. Hapag-Lloyd said its supervisory board had approved the deal, which would see it take all… Read More
Royal Caribbean announced that it has reached an agreement for the construction and operation of a new cruise terminal at PortMiami on land leased from Miami-Dade County. The terminal will be the home port to a 5,400 passenger Oasis-class cruise ship, the world’s largest. “This new terminal is a symbol of our commitment to Miami,… Read More
Royal Boskalis Westminster has confirmed that the Noorderzijlvest district water board in The Netherlands intends to award a contract for the Eemshaven-Delfzijl dike reinforcement project to a consortium consisting of Boskalis and KWS Infra. The contract has a value of more than Euros 60 million, of which Boskalis’ share is more than Euros 40 million…. Read More
MarineSpace Ltd and Associates commissioned by Peel Ports Group to update Maintenance Dredge Protocol environmental baseline documents and information to inform Marine Protected Area assessments for Mersey and Medway estuaries MarineSpace Ltd, in associate partnership with HR Wallingford and Bright Angel Coastal Consultants Ltd, are delighted to announce that they have been commissioned by Peel… Read More
Tappan Zee Constructors will seek to limit its liability in the three lawsuits filed against it after the tugboat crash on the Hudson River in March. An attorney for TZC, the consortium of contractors tasked with designing and building the new Tappan Zee Bridge, confirmed Tuesday that they did intend to seek the limitation. The… Read More
South Africa’s three biggest shipbuilders are up in arms over the “lack of transparency” in an R80 million plough tug tender which has been delayed by Transnet for at least three years. Southern African Shipyards, based in Durban, and Cape Town-based Damen and Nautic Africa are concerned about the delay in awarding the contract, which… Read More
On Monday, CMA CGM announced that it had reached the ownership threshold required to delist Singapore-based Neptune Orient Lines (NOL) and take it private, a long-expected part of the takeover bid it initiated in December. Since June 6, when CMA opened a general offer for outstanding shares of the firm, it has acquired 90.7 percent… Read More
Col. Sam Calkins will become the new commander and district engineer of the Army Corps of Engineers’ St. Paul District. Calkins will take over from Col. Dan Koprowski, who will serve at the Pentagon in Washington, D.C. A “change of command ceremony” is scheduled for June 30 in St. Paul, according to a press release…. Read More
Col. Sam Calkins will become the new commander and district engineer of the Army Corps of Engineers’ St. Paul District. Calkins will take over from Col. Dan Koprowski, who will serve at the Pentagon in Washington, D.C. A “change of command ceremony” is scheduled for June 30 in St. Paul, according to a press release…. Read More
Now that the U.S. is getting into the business of exporting liquefied natural gas (LNG) , the interest in Floating Storage and Regasification Units (FSRUs) is exploding, said Richard Tyrrell, CEO of Hoegh LNG Partners (HMLP) . ‘To import the commodity you need infrastructure and that’s where FSRUs come in,’ said Tyrrell. ‘Floating is better… Read More
Now that the U.S. is getting into the business of exporting liquefied natural gas (LNG) , the interest in Floating Storage and Regasification Units (FSRUs) is exploding, said Richard Tyrrell, CEO of Hoegh LNG Partners (HMLP) . ‘To import the commodity you need infrastructure and that’s where FSRUs come in,’ said Tyrrell. ‘Floating is better… Read More
Vestcor Companies Inc. Chairman John Rood has resigned from his role as a member of the JAXPORT board of directors. Rood was recently appointed to the Florida Prepaid College Board by Governor Rick Scott. “Ambassador Rood has been a true visionary during his time on the JAXPORT board of directors and I thank him for… Read More
Vestcor Companies Inc. Chairman John Rood has resigned from his role as a member of the JAXPORT board of directors. Rood was recently appointed to the Florida Prepaid College Board by Governor Rick Scott. “Ambassador Rood has been a true visionary during his time on the JAXPORT board of directors and I thank him for… Read More