It's on us. Share your news here.
It's on us. Share your news here.
The Maryland Energy Administration (MEA) announced the return of its two offshore wind grant programs for Fiscal Year 2022 — the Maryland Offshore Wind Capital Expenditure Grant Program and the Maryland Offshore Wind Workforce Training Grant Program. These programs are designed to establish an offshore wind supply chain in Maryland by supporting local businesses —… Read More
EMERALD ISLE — Tuesday night, Emerald Isle commissioners will consider authorizing town manager Matt Zapp to apply for state funds for a dredging project to improve the channel to and from the regional boating access facility on Bogue Sound, just east of town hall. The meeting will begin at 6 p.m. in the commissioners’ meeting… Read More
Boskalis announces that it has been awarded an inter-array cable installation contract by Ørsted for the German Borkum Riffgrund 3 and Gode Wind 3 offshore wind farms. The contract includes the transport, installation and burial of a combined total of 106 inter-array cables. The project will be executed with the Boka Ocean cable laying vessel…. Read More
By Kevin Varley(Bloomberg) –Congestion at many of the world’s major ports offered a snapshot of supply chains trying to avoid unprecedented bottlenecks, as cargo handlers searched for the quickest way to route goods through the clogged arteries of global commerce. The number of container ships off China’s largest trade hub, the combined anchorage area of Shanghai-Ningbo,… Read More
When Joe Biden became president in January of 2020, the Alliance for the Great Lakes made a list of five priorities they felt were needed for environmental investment programs in the Great Lakes. They are: *Prioritize Environmental Justice: Low-income communities and communities of color are disproportionately impacted by pollution. *Increase Drinking Water & Wastewater Infrastructure… Read More
Channels restored to a state of good repair (Trenton) – New Jersey Department of Transportation (NJDOT) officials today announced the completion of dredging in four State navigation channels in Atlantic County. The $3.7 million dollar Lakes Bay Channel Complex project outside of Atlantic City restored safe navigation to Lakes Bay, the Lakes Bay Spur, Tunis… Read More
Village Manager is expecting a favorable announcement this week by the U.S. Army Corps of Engineers, which could result in up to $120 million for Key Biscayne shoreline protection, including the bulk of the construction. In tandem with Miami-Dade County, Key Biscayne’s inclusion into the U.S. Army Corps of Engineers’ Coastal Storm Risk Management Tentatively… Read More
By Megan Eckstein PANAMA CITY, Fla. — Eastern Shipbuilding Group transformed its shipyard and its business practices to win its first-ever U.S. Coast Guard construction program. But now, after suffering extensive damage from Hurricane Michael in 2018, the yard is awaiting word on whether it can keep that deal. In 2016, Eastern Shipbuilding shocked many in the… Read More
CIT Group Inc. (NYSE: CIT) today announced that its Maritime Finance business is providing $70 million in financing to Maritime Asset Partners for the refinancing of Sterling LLC. Maritime Asset Partners is a specialized finance platform focused on leasing, secured lending and structured equity solutions. Sterling owns and operates 11 Handysize dry bulk vessels, a majority of which were previously… Read More
JOHANNESBURG (Reuters) – Regulations governing deep-sea mining will take longer to finalise due to the global pandemic, a group of Latin American countries said, creating uncertainty for companies looking to mine the sea bed for metals, including cobalt and nickel. The delayed negotiations also pose a potential difficulty for companies seeking financing from investors to… Read More