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MODEC is a leading company in the offshore oil and gas development industry, engaging in the entire process from Engineering, Procurement, Construction, and Installation (EPCI) of Floating Production, Storage, and Offloading (FPSO) systems to long-term leases and Operations & Maintenance (O&M) for more than 20 years. MOL has long focused on the potential of offshore… Read More
Accelleron today announced that it has entered into an agreement to acquire True North Marine (TNM), established in 2013 and headquartered in Montreal, Canada. TNM provides weather routing guidance and voyage optimization, including consulting services from pre-voyage estimates to post-voyage claims, ensuring safe navigation and cost-efficient execution of voyages. TNM are experts in assessing voyage… Read More
The completion of the Tbilisi Dry Port acquisition makes AD Ports Group the majority stakeholder, owning 60%, and strengthens the Group’s role in the Middle Trade Corridor connecting Asia to EuropeAbu Dhabi, UAE and Tbilisi, Georgia : AD Ports Group (ADX: ADPORTS), a leading facilitator of global trade, logistics, and industry, today announced the completion… Read More
Turkish ports handled 313.3 million tons of cargo in the first seven months of this year, up 2.7 percent from last year, and 7.9 million TEUs of containers, marking a 9.5 percent increase. In a written statement, Transportation and Infrastructure Minister Abdulkadir Uraloğlu emphasized that Türkiye is one of the world’s leading maritime countries, adding that they continue to… Read More
Ocean and Key Ports Update In Europe, recent observations suggest that the traditional peak season will be a lot sooner than seen in previous years due to a number of possible factors. We’ve seen that businesses have been strategically getting cargo to European shores earlier in attempts to avoid any potential future disruption, while consumer… Read More
Massachusetts Governor Maura Healey and Lieutenant Governor Kim Driscoll, with Salem Mayor Dominick Pangallo, joined Crowley Wind Services President and CEO Bob Karl and other leaders to celebrate a significant milestone today with the ceremonial groundbreaking of the Salem Offshore Wind Terminal. This project involves transforming a former oil- and coal-fired power plant into Massachusetts’ second wind… Read More
The U.S. Army Corps of Engineers Memphis District has contracted with the Inland Dredging Company, LLC, for the rental of a 24-inch hydraulic cutterhead dredge, attendant plant, and discharge pipeline for the annual maintenance dredging of ten Mississippi River harbors this year. “The Memphis District is responsible for the maintenance dredging of 10 harbors within… Read More
JACKSONVILLE, Fla (Aug. 14, 2024) – U.S. Army Corps of Engineers Commanding General and 55th Chief of Engineers, Lt. Gen. Scott A. Spellmon signed the Chief’s Report Aug. 14, 2024, for the Tampa Harbor Navigation Improvement Study in a ceremony at USACE Headquarters in Washington, D.C. today. The purpose of the Tampa Harbor Navigation Improvement… Read More
In early July, Worcester County, Maryland, commissioners approved a proposed dredging project to improve navigability in the West Ocean City harbor channel. The project would benefit local fishermen and businesses alike. Officials shared that the harbor hasn’t been dredged since 2011. The channel is why commercial fishermen can operate out of West Ocean City, with… Read More
BALTIMORE — Lt. Gen. Scott A. Spellmon, U.S. Army Corps of Engineers Commanding General and 55th U.S. Army Chief of Engineers, signed a Chief’s Report for Baltimore Coastal Storm Risk Management Study during a ceremony at USACE Headquarters in Washington, D.C., August 5, 2024. The report recommends Congress fund about $77 million for structural floodwalls to manage coastal… Read More