DOT Announces $703M in Port Funding; 41 Projects in 22 States
U.S. Department of Transportation (DOT) announced more than $703 million to fund 41 projects in 22 states and one territory that designed to help improve port facilities through the Maritime Administration’s Port Infrastructure Development Program. Following is the full list of FY 2022 Port Infrastructure Development Grant Awards:ALASKANorth Extension Stabilization Step 1 Project ($68,700,000), Anchorage, AlaskaThe Project will reconfigure and realign the shoreline within the “North Extension” (the area north of the existing general cargo terminals) at the Port of Alaska in Anchorage, Alaska.
Kalmar Gets Order in Spain
Kalmar, part of Cargotec, has signed an agreement with Noatum Container Terminal Bilbao for delivering two rail-mounted gantry cranes (RMGs) for intermodal operation. This is Kalmar's first RMG delivery since the new offering was launched in September 2017. The order was booked in Cargotec's fourth quarter 2017 intake and the delivery will take place during the first half of 2019. Noatum Container Terminal Bilbao is a large scale container terminal serving as a gateway for container transportation throughout the Iberian Peninsula and south-western France with strong intermodal services in Spain. The new Kalmar RMGs will be used for intermodal operations at the railyard which contains four train tracks, five container stacking rows and a service lane for road trucks.
Canada to Roll Out First Propane Export Terminal
Royal Vopak and AltaGas have entered into a joint venture and will invest together in the development of the Ridley Island Propane Export Terminal (RIPET). RIPET is expected to be the first propane export facility off the west coast of Canada. The project is to be designed to ship 1.2 million tonnes of propane per annum, with approximately 96,000 cubic meters of storage capacity. The facility is expected to be commissioned in Q1 2019. Vopak will take a 30 percent interest in RIPET. Vopak's investment is underpinned by long-term customer contracts and is fully aligned with Vopak's long-term strategy where storage and handling of gas has been earmarked as one of the strategic focus areas.
Port of NY/NJ Deepened for Larger Box Ships
The Port of New York & New Jersey, in partnership with the U.S. Army Corps of Engineers, has completed a $2.1 billion Main Navigation Channel Deepening Program in order to facilitate the next generation of larger containerships calling the port following the expansion of the Panama Canal. The Port of New York and New Jersey serves as the gateway to one of the most concentrated and affluent consumer markets in the world. The Main Navigation Channel Deepening Program creates a safe…
LR Focus on 5 Issues Worrying Oil Executives in North Sea
On the 50th anniversary of the issuing of the first licenses for the extraction of oil and gas from the UK continental shelf (UKCS), Lloyd’s Register asked oil executives what their main concerns were in an increasingly challenging period in the sector’s turbulent history. The consensus was that the industry needs to learn to collaborate if it is to survive these challenges. Production from assets fell by 38 per cent between 2010 and 2013, equating to a drop of around 500 million barrels of oil equivalent (boe) and a drop in tax receipts of approximately £6 billion. In exploration, just 15 wells were drilled on the UKCS last year, compared to 44 in 2008, while operating expenditure rose to a record level of £8.9 billion, and is expected to increase further to about £9.6 billion this year.
Hammond Commends DP World London Gateway
The UK’s Parliamentary Under-Secretary of State for Transport and Wimbledon MP, Rt. Hon. Stephen Hammond MP has paid a visit to DP World London Gateway to congratulate the team on their success. During Hammond’s last visit in January 2013, the port had only just started to install the first of its yard cranes. Since opening in November 2013, DP World London Gateway has seen a continued increase in ship traffic and is due to see a new West Africa service start in a few weeks. During the winter…
Acquisition Boosts RINA Development Services
Acquisition strongly boosts RINA offshore and port development services. By taking control of the D’Appolonia Group, a global engineering consultancy, international classification society RINA has increased its group turnover by almost 50 per cent and significantly strengthened its expertise and range of services in the offshore and port development fields. Says Ugo Salerno, CEO, RINA, “By bringing the D’Appolonia Group’s 580 multidisciplinary staff and Euro87m turnover into RINA we have made a quantum jump in size and capability.
