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ISTANBUL: Turkey’s talks with state-controlled Abu Dhabi Port (ADP) to set up a joint venture for operating rights of the Aegean port of Izmir are continuing, two sources familiar with the matter told Reuters. In December, Reuters reported that Abu Dhabi was interested in buying a stake to operate Izmir Port, in a possible deal that could be… Read More
Granite Construction Incorporated GVA has acquired Dickerson & Bowen, Inc. (D&B), a leading regional aggregates, asphalt, and highway construction company serving Central and Southern Mississippi, in cash. This bolt-on buyout is highly complementary to GVA’s prior acquisition of Lehman-Roberts Company and Memphis Stone & Gravel (LRC and MSG). This materials-focused business also builds on Granite’s footprint… Read More
The U.S. Department of Commerce has awarded a $1.6 million grant to Port Isabel to expand its commercial dock services and terminal operations at the Texas deepwater port near Brownsville. Commerce Secretary Gina Raimondo recently announced the award as part of $6.9 million in economic development grants to Texas for workforce training and port improvements. The larger… Read More
WASHINGTON – The U.S. Department of Transportation (DOT) today announced that the Port of Oakland and the Northwest Seaport Alliance, which includes the Port of Seattle and Port of Tacoma, are now members of the Freight Logistics Optimization Works (FLOW) initiative, expanding the initiatives reach to the five largest container ports on the West Coast. FLOW is… Read More
Maryland Senators Chris Van Hollen and Ben Cardin have announced over $3-million in funding for two water infrastructure projects – in Charles and Wicomico Counties. They also included critical resources for Army Corps of Engineers projects – for maintenance dredging and construction projects. Additional priorities secured by the Senators in the FY25 Energy and Water Development… Read More
VERMILION, Ohio — The U.S. Army Corps of Engineers, Buffalo District and its contractor, Chicago-based Architectural Consulting Group, Ltd., have started repairs on another section of the Vermilion Harbor West Pier. Vermilion Harbor’s piers ensure the harbor remains economically viable and able to provide safe access for recreation and refuge to boaters on the Great… Read More
PSA Baltics N.V., a subsidiary of global port operator PSA International (PSA), has announced its signing of an agreement to acquire an 85% majority stake in Polish intermodal operator Loconi from Polish freight forwarder ATC Cargo. In a press release, PSA states that the move aims to develop new rail products to support PSA’s European… Read More
Gulf Coast Chapter The Gulf Coast Chapter of WEDA represents Alabama, Florida (West Coast), Georgia (Western), Louisiana, Mississippi, and Texas. REGISTER NOW FOR THE 2024 Gulf Coast Chapter Annual Meeting SEPTEMBER 9-11, 2024 REGISTER NOW Join the Gulf Coast WEDA Chapter this year at the Henderson Beach Resort & Spa for some fun in the late-summer sun!… Read More
Snye dredging will take place beginning on Monday August 12 in Fort McMurray. According to the Regional Municipality of Wood Buffalo, Construction fencing will be installed, with Snye Point closed until mid-September. The mouth of the Snye fills with sediment deposits (silt) brought by the current of the Clearwater River. Each year, this silt is… Read More
PILBARA Ports has broken export tonnage records for the fifth year running. The region recorded 758.3 million tonnes worth an estimated $173 billion for the 2023-2024 financial year. This included 573.6 million tonnes of commodities from Port Hedland confirming its position as one of Australia’s most valuable ports. A State Government media release announcing the… Read More