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The U.S. Department of Transportation’s Maritime Administration (MARAD) announced a $14 million “port improvement project” at the Portland International Marine Terminal (IMT). Funding for the project comes from the Port Infrastructure Development Program (PIDP), a more than $663 million “discretionary grant program administered by the Maritime Administration.” Projects eligible for PIDP grants “improve the safety, efficiency,… Read More
Organized labor is having a moment. Unions representing port workers, parcel deliverers, auto workers, writers, actors, teachers and others are securing or seeking to secure hefty salary increases by striking or threatening to strike. Container shipping flows to the U.S. have been affected by labor negotiations this year — and could be even more affected… Read More
Three design teams competing for Oceanside’s sand replenishment and retention project will make their final pitch to the community Dec. 13, with hopes the city will choose one of the proposals in January. Participants in the city’s Re:Beach competition will present their ideas refined with suggestions collected from the public at two previous community meetings. Nearly 250… Read More
Third Quarter 2023 Highlights Revenue of $299.3 million, a 39.2% increase from the second quarter of 2023 Average day rate increased to $17,865 per day, $1,823 higher than the second quarter of 2023 Composite leading edge term contract day rate up 21.7% to $28,609 Net income of $26.2 million, an increase of $3.6 million from… Read More
Today, the U.S. Department of Transportation’s Maritime Administration (MARAD) announced over $653 million to fund 41 port improvement projects across the nation under the Port Infrastructure Development Program (PIDP). As part of President Biden’s Investing in America agenda – a key pillar of Bidenomics – this funding will help grow capacity and increase efficiency at… Read More
Three design teams competing for Oceanside’s sand replenishment and retention project will make their final pitch to the community Dec. 13, with hopes the city will choose one of the proposals in January. Participants in the city’s Re:Beach competition will present their ideas refined with suggestions collected from the public at two previous community meetings. Nearly 250… Read More
COLUMBIA, S.C. – South Carolina Governor Henry McMaster and Georgia Governor Brian Kemp have filed a brief in support of the SC State Ports Authority (SCSPA)’s petition for a writ of certiorari in SC State Ports Authority v. National Labor Relations Board submitted. The governors’ brief asks the U.S. Supreme Court to grant the petition,… Read More
The world is gradually getting back on track with the introduction of immunization and the acceptance of new rules. Dredging Market Overview Maximize Market Research has unveiled a highly informative report on the “Dredging Market” Dredging is an excavation operation that is generally done at least partially underwater in shallow water locations to collect bottom sediments and… Read More
Hamburg Port Authority CEO Jens Meier began his two-year term as president of the International Association of Ports and Harbors yesterday. The naming of the new president took place at the 2023 World Ports Conference in Abu Dhabi on November 2. Capt. K. Subranamiam, GM of Port Klang Authority, Malaysia, preceded Meier in the role. Over the… Read More
Today, the U.S. Department of Transportation’s Maritime Administration (MARAD) announced over $47 million to fund a port improvement project in Baltimore, Maryland under the Port Infrastructure Development Program (PIDP). As part of President Biden’s Investing in America agenda – a key pillar of Bidenomics – this funding will help grow capacity and increase efficiency at… Read More