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In light of European sanctions legislation, Boskalis suspended its activities on a Russian LNG project earlier this year. In response to this decision, the client Saren B.V. was of the opinion that there was a breach of contract and consequently made a claim for payment of EUR 39.5 million under the bank guarantees. Today the judge in… Read More
Hurricane season starts next week, and the New Orleans area is now more protected from flooding than ever before. The $14.5 billion New Orleans Hurricane and Storm Damage Risk Reduction System is officially complete. State and local leaders, as well as agencies, gathered at the surge barrier earlier Friday morning to talk about why this… Read More
The Business Network for Offshore Wind today announced the launch of the U.S. Offshore Wind Pathway Program, a new partnership with the Korea SMEs and Startups Agency (KOSME) designed to support the entry of Korean-based offshore wind companies in the fast-growing U.S. offshore wind market. Starting this month, the Network will host ten companies, selected… Read More
After two years of record results driven by a surge in volumes, capacity constraints, and port delays, the container shipping industry is starting to show the first signs of weakening. With consumers shifting their spending patterns, rampant global inflation, and fears of a looming recession, signs point to the coming normalization of the market that… Read More
One could call Merk the original Big Boat Disrespecter. He is the Paris-based administrator for ports and shipping at the International Transport Forum of the Organization for Economic Co-operation and Development (OECD). Merk has led several research inquiries exposing the issues of megaships over the past decade. He was kind enough to take an hour… Read More
AHSAHKA, Idaho —Dworshak Dam is currently releasing approximately 9,600 cubic feet per second (cfs) and will continue to fill over the next 13 days. Releases are expected to increase to approximately 12,200 cfs starting the evening of June 9. Operations at Dworshak will change the height of the Clearwater River downstream of the dam by… Read More
El Segundo, California USA – Performance Team – A Maersk Company continues to expand and integrate end-to-end cold chains with the announcement of a new cold storage facility in Dayton, New Jersey opening in October 2022 to serve imports and exports. We’re adding more cold chain capacity to serve the New York/New Jersey metropolitan area demand. This… Read More
New beach access measures proposed for the railroad right-of-way on the Del Mar bluffs are deepening the rift between the North County Transit District, the city and the California Coastal Commission. The San Diego Association of Governments, or SANDAG, is proposing a mile-long, bluff-top trail, a grade-level pedestrian crossing and a stairway to the beach… Read More
Freeport (Brazoria County) — The recently announced U.S. Army Corps of Engineers (USACE) fiscal year (FY) 2022 work plan includes $73,156,000 in funding for the Freeport Harbor Channel Improvement Project (FHCIP). To date a total of $117 million has been allocated to the project for construction since receiving a “new start” designation and initial construction funding in FY 2020. “The inclusion… Read More
GRAPEVINE, Texas —The Fort Worth District, U.S. Army Corps of Engineers will host a public meeting at 6 p.m., June 9, at The REC of Grapevine, 1175 Municipal Way, Grapevine, TX 76051 to provide information and receive public input on the Draft Grapevine Lake Master Plan and Environmental Assessment. The meeting will begin with a… Read More