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Cargo Growth Moderates: Cargo at China’s eight major seaports rose by 4% yoy in 4Q23 after gaining 5% in 3Q23. Subdued volume growth at ports in Shenzhen and Xiamen indicated weakness in external demand from ASEAN, Europe and the US. Containers Rise Despite Declining Exports: Throughput at the eight major container ports increased 6% yoy… Read More
Developer of maritime battery systems EST-Floattech receives an investment of 4 million euros from Energy Transition Fund Rotterdam and existing shareholders Rotterdam Port Fund, PDENH, Ponooc, and Yard Energy. This was announced by Chantal Zeegers, the Alderman for Climate, Building, and Housing in Rotterdam. The ‘Energietransitiefonds Rotterdam’ is the investment fund of the municipality of… Read More
On 1 February Jumbo Offshore and Sea Horizon Offshore Marine Services signed a memorandum of understanding (MoU). With this agreement, Sea Horizon Offshore becomes the representative of Jumbo Offshore in the Middle East region. Increased regional support Sea Horizon Offshore, with its broad network of local partners, will represent Jumbo Offshore to potential clients in… Read More
Millions of dollars are being spent to add sand to Southern California beaches—but a new study suggests technology can give a better understanding of how sand moves, offering data decision-makers could use in planning how to fix the eroding coastline. A new paper published recently by University of California, Irvine researchers in the Coastal Engineering Journal analyzed beaches… Read More
The European Commission has approved state aid of up to €6.9 billion from seven member states for the third major project of common European interest in the hydrogen value chain. This includes the Hamburg Green Hydrogen Hub (HGHH), which Hamburger Energiewerke GmbH is implementing together with Luxcara at the Moorburg site in the Port of… Read More
The U.S. Army Corps of Engineers (USACE) will host an open house on Feb. 29, 2024, to share details on a draft revision of the Blue Marsh Lake Master Plan. The open house will be held from 5-7 p.m. at the Berks County Agricultural Center, 1238 County Welfare Road, Leesport, PA 19533. The public open… Read More
For decades, much of Australia’s naval shipbuilding efforts and promises have centred on the Osborne yard in Adelaide’s north-west. From diesel to nuclear powered submarines, frigates, air warfare destroyers and offshore patrol vessels, various programs have been announced, commenced, hit by both time and cost blow outs, or axed all together. Shipbuilding in South Australia… Read More
Millions of dollars are being spent to add sand to local beaches – but a new study suggests technology can give a better understanding of how sand moves, offering data decision-makers could use in planning how to fix the eroding coastline. A new paper published recently by UC Irvine researchers in the Coastal Engineering Journal analyzed beaches… Read More
Petro Sand Solutions, a key player in the frac sand mining industry, is not just making waves in the Permian Basin with its strategic operations. The company’s impact stretches far beyond, catalyzing an economic ripple effect that is felt across various sectors and regions. This article explores how Petro Sand Solutions is contributing to economic growth, driving… Read More
WESTLAKE, La. – Lake Charles Methanol II, LLC (LCM) announced plans to invest $3.24 billion to construct a new manufacturing plant that will produce low-carbon intensity methanol and other chemicals at the Port of Lake Charles. The company plans to use advanced auto thermal gas reforming technology and employ carbon capture and secure geologic storage… Read More