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Sean Strawbridge, Chief Executive Officer for the Port of Corpus Christi, has been appointed by Senator John Cornyn (R-Texas) to the United States Maritime Transportation System National Advisory Committee (MTSNAC). MTSNAC is a chartered, non-federal body that advises the U.S. Secretary of Transportation through the Maritime Administrator (MARAD) on matters relating to U.S. maritime transportation… Read More
General Electric (GE -1.1%) is working with bankers on a possible sale of its power conversion business, with a sale process perhaps beginning as soon as next month, Bloomberg reports. The unit formerly known as Converteam could fetch ~$1.5B, below the $3.2B GE paid for the assets in 2011, according to the report. GE reportedly… Read More
At a joint meeting of the Emmetsburg City Council and the Five Island Lake Board on July 25, the two bodies voted to remove the dredge from the lake and to explore methods for preserving the machine for future use. Councilmember Bill Burdick, Jr. opened the meeting by saying he has spoken to “some city… Read More
Claiming that dredging in Aunt Lydia’s Cove last year contributed to damage to his revetment this past winter, a Minister’s Point property owner is threatening to block the town’s plan to clear shoals from the North Inlet. Gerald Milden is asking that before emergency dredging is done across Chatham Harbor from his home, the town… Read More
The public trust doctrine has protected tidal waters for the benefit of the people since Roman times. In the United States, we inherited the responsibility of respecting the public trust from the King of England. The State of New Jersey has promoted the public trust doctrine and claimed ownership of land washed by the tides…. Read More
As fine sand is taken from the Lagos coastlines to provide housing for urban dwellers, the business generates great profits for urban property developers as the waterfront business booms with an increasing need for housing for over 20 million Lagosians. Its impact has also brought despair upon residents who have to deal with the polluted… Read More
You see them every day, as you cross between mainland and island or even travel out to the outskirts of Lagos, miles and miles of pristine yellow beach sand. This sand, while unassuming has borne a thriving industry of miners and itinerant dredgers for almost a century and served as the home for several hundred… Read More
Cat Financial reported second-quarter 2018 revenues of $723 million, an increase of $47 million, or 7 percent, compared with the second quarter of 2017. Second-quarter 2018 profit was $71 million, a $43 million, or 38 percent, decrease from the second quarter of 2017. The increase in revenues was due to a $35 million favorable impact… Read More
Native American tribes that tried to block the Dakota Access oil pipeline during a monthslong standoff with authorities in North Dakota more than a year ago are carrying on their fight in federal court, in what they contend is a symbol of their struggle for tribal sovereignty. “People think Standing Rock has come and gone,”… Read More
The Port of Corpus Christi established a formal Planning Department and welcomed Jeffrey Pollack as its Director of Planning. Pollack specializes in managing urban and industrial growth in coastal zones and brings significant expertise in land use and multi-modal transportation planning. He is certified through the American Institute of Certified Planners and is an Envision… Read More
OAK BROOK, Ill., Aug. 01, 2018 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (GLDD), the largest provider of dredging services in the United States and a major provider of environmental and infrastructure services, today reported financial results for the three and six months ended June 30, 2018. For the three months ended June… Read More
A Trump administration official said Friday that the president wants to avoid small-increment “dibble dabbling” of funding for projects such as the $973 million deepening of Savannah’s busy shipping channel — an encouraging sign for Georgia officials concerned that a lack of commitment from Washington could delay the project. R.D. James, the assistant Army secretary… Read More
One reopening and one continued closure. Oregon Health Authority (OHA) has declared one central Oregon coast beach safe after a water advisory was issued last week, while a famed lighthouse near Florence has its closure extended. At Newport’s Nye Beach, on the central Oregon coast, the public health advisory was lifted after OHA said the… Read More
A $26 million beach nourishment project completed by Southampton Town and oceanfront residents of Water Mill, Bridgehampton and Sagaponack nearly five years ago was named one of the nation’s best “restored beaches” by the American Shore and Beach Preservation Association—the second such project on the South Fork to have been recognized by the group. The… Read More
Software upgrades and crew training are under way as Dunedin’s new dredge prepares to begin its work. Takutai, Port Otago’s $8million backhoe dredge, was in the harbour channel yesterday as it was prepared for work expected to begin next month. Port Otago marine and infrastructure general manager Sean Bolt said some “very complex software” needed… Read More