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A CONTROVERSIAL consultation that has divided the Wirral town of Hoylake has closed as the development of a new plan for the area’s famous beach enters its next phase. The consultation asked for residents’ opinions on the future management of Hoylake Beach that sits within the Dee Estuary Special Area of Conservation. It was the… Read More
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), is expanding its capabilities to serve unmanned marine vehicles (UXV) through a licensing agreement with DECK Marine Systems (DECK), a developer of innovative systems to deploy and recover vessels and sensors. Through the agreement, FMD and DECK will co-develop an intelligent launch and… Read More
Algoma Central Corporation (TSX: ALC) today announced that it has entered into a joint venture agreement to construct four dual-fuel ice class 1A 17,999 DWT climate friendly product tankers with Furetank AB (“Furetank”) of Sweden. Algoma will own 50% of the joint venture, which is to be named FureBear. This joint venture, with a leader… Read More
President Abdel-Fattah Al-Sisi issued Republican Decree No. 356 of 2022, appointing Mr. Waleid Gamal El-Dein as a new Chairman for the General Authority of Suez Canal Economic Zone (SCZONE). Mr. Waleid Gamal El-Dein was the Chief executive officer of SCZONE from January 2020, then Vice-Chairman of SCZONE for Investment and Promotion Affairs by a presidential… Read More
Increasing intermodal rail capacity at select ports and developing inland ports are among the goals of projects receiving millions in federal grant money. The funding came from the RAISE grant program, which stands for Rebuilding American Infrastructure with Sustainability and Equity. The program, administered by the U.S. Department of Transportation, awarded more than $2.2 billion to… Read More
President Abdel-Fattah Al-Sisi issued Republican Decree No. 356 of 2022, appointing Waleid Gamal El-Dein as a new Chairman for the General Authority of Suez Canal Economic Zone (SCZONE), according to the company’s release. Waleid Gamal El-Dein was the Chief executive officer of SCZONE from January 2020, then Vice-Chairman of SCZONE for Investment and Promotion Affairs… Read More
In West Michigan, Muskegon Lake will soon be removed from the list of Great Lakes Areas of Concern. The completion of restoration efforts comes after over 30 years and $70 million invested in cleanup. Along with the progress and promise of economic revitalization, there is still work to be done to protect water resources in… Read More
Eastern Kern will be the site of a major goods-movement project expected to help address shipping bottlenecks at ports in Southern California while attracting local investment and possibly new jobs in a sector usually associated with the valley portion of the county. The county Board of Supervisors signed off Tuesday on the Mojave Inland Port,… Read More
New tug receives her Māori name, ‘Tiaki’, in a special blessing ceremony In a major milestone Damen’s first all-electric harbour tug, the RSD-E Tug 2513, was officially delivered to its new owner, Ports of Auckland (POAL). The revolutionary tug was named Sparky and also received her Māori name, ‘Tiaki’, in a special blessing ceremony held in Auckland on… Read More
Our List of the Top 50 Ports by Tonnage Reveals Some Surprises, Unsurprises & Some Un-Ports At first glance, Global Trade’s latest list of top 50 power ports looks pretty much the same as last year’s. The same ports occupy the top 10 slots, although some switched places from year to year. The greatest cluster of power ports… Read More