Herculaneum Port Site Cleared for Redevelopment as Intermodal Hub
A 300-acre property along the Mississippi River in Herculaneum, Missouri recently received Port District zoning making way for redevelopment as an intermodal transportation hub and industrial park.Located on the shipping lanes of the Mississippi River, the site has been utilized since the 1700s as a port. With its easy access for barge loading and offloading and the siteâs proximity to early lead mines in adjacent Washington County, under early French ownership the port was utilized to ship lead cannonballs and shot to Europe to support Napoleanâs army.
New Agreement to Kickstart Salem Offshore Wind Terminal
The Massachusetts Clean Energy Center (MassCEC), Crowley Wind Services and the City of Salem announced the transfer of ownership and an agreement for site improvements and ongoing operations for the Salem Offshore Wind Terminal.The agreement will kickstart the transformation of the site into the second port built specifically to support the construction of offshore wind farms in Massachusetts. The Salem Offshore Wind Terminal will also support the construction and installationâŠ
Securing Federal Grant Resources for US Ports
Like many ports, the Alaskan Port of Homer faces aging infrastructure and capital needs well beyond the local funding capacity. The port is a key link in the supply chain for 47 remote, rural, disadvantaged or Alaska Native communities served by Homer, making proposed port infrastructure upgrades critical for shipping statewide as well as for the local community.Enter the Infrastructure Investment and Jobs Act, also known as the Bipartisan Infrastructure Law. This unprecedentedâŠ
Big Money Needed to Develop US Offshore Wind Ports
Much has been written about potential bottlenecks in store for various parts of the U.S. offshore wind industry, from vessels to monopiles. A new report published by the Business Network for Offshore Wind (BNOW) outlines the need for significant investment in and development of port infrastructure to support the industry in its goal of 30 gigawatts (GW) of offshore wind power by 2030 and 110 GW by 2050.The good news is that more than 35 new offshore wind port projects have gone into development or began commercial operations in the U.S.
Russia Hits Ukrainian Port Facilities
Ukrainian officials said Russia struck Ukrainian port infrastructure and grain storage facilities on Tuesday, but also reported some progress on the front lines in the three-month old counteroffensive by its forces.President Volodymyr Zelenskiy spoke of "good details" from the front without further explanation and said Ukraine clearly understood where to apply pressure to make it felt in Moscow."Sanctions are not enough. There will also be more of our own Ukrainian actions against the terrorist state," Zelenskiy said in his nightly video address.
Marine Insurance Market is âStrength and Stability in Turbulent Seasâ
Opening this weekâs International Union of Marine Insurance (IUMI) annual conference in Edinburgh, Scotland, President Frédéric Denèfle explained the conference theme of âstrength and stability in turbulent seasâ saying it is essentially âbusiness as usualâ for marine underwriters.âAs marine underwriters, we are used to managing an array of casualties and losses onboard a variety of vessels and in ports and other shoreside facilities. Dealing with the fall-out from natural catastrophes such as earthquakes and weather events are also workaday issues.
ClassNK Opens Survey Office in Brazil
Japanese classification society ClassNK has opened a new exclusive survey office in Paranagua, Brazil with operations beginning September 1, 2023.The move comes amid increasing number of surveys and audits in the southern Brazil port and the neighboring region as the country continues recent expansion of its port facilities, ClassNK said.ClassNK said it aims to provide more streamlined service in Paranagua, one of Brazil's premier port cities.
Morgan Stanley Gets Behind Crowley's Offshore Wind Push
Morgan Stanley's infrastructure investment arm is teaming up with U.S. maritime, energy and logistics solutions company Crowley to advance offshore wind energy solutions for the United States.Investment funds managed by Morgan Stanley Infrastructure Partners (MSIP), a private infrastructure fund platform within Morgan Stanley Investment Management (MSIM), will hold a majority stake in Crowley Wind Services Holdings, a joint venture combining Crowley's end-to-end maritime and logistics capabilities with the financial strength and expertise of Morgan Stanley.
Russian Warship Damaged in Ukrainian Attack on Novorossiysk Naval Base
A Russian warship was seriously damaged in an overnight Ukrainian naval drone attack on Russia's Black Sea navy base at Novorossiysk, two sources said on Friday, after Russia said it had fended off the attack.The civilian port, which handles 2% of the world's oil supply and also exports grain, temporarily halted all ship movement before resuming normal operations, according to the Caspian Pipeline Consortium which operates an oil terminal there. Russia's Defence Ministry saidâŠ
Russia Strikes Port Facilities in Ukraine's Izmail
Russian state news agency RIA said overnight Russian strikes on the Ukrainian port of Izmail had hit port and grain infrastructure housing foreign mercenaries and military hardware, as well as a naval ship repair yard.RIA cited Sergei Lebedev, a man it described as a coordinator of an underground group in the Ukrainian port city of Mykolaiv and who it said had sources in Izmail, Ukraine's main inland port across the Danube River from Romania.It quoted Lebedev as saying that there had been eight separate Russian strikes on Izmail and that an oil terminal had been hitâŠ
Macquarie Expects $1 Billion from Sale of US Port Terminal Operator Ceres
Australia's Macquarie Group Ltd is looking to sell its North American port facilities business, Ceres Terminals, for about $1 billion, the Wall Street Journal reported on Tuesday citing sources familiar with the matter.The financial conglomerate acquired full control of the general cargo stevedoring operations in 2019 from Tokyo-based shipping and logistics firm Nippon Yusen Kaisha (NYK Line).Ceres moves about 4.3 million containers annually at several major ports in the United States, according to its company website.The shipping industry globally has been under pressure as supply-chain bottl
ClassNK Grants AIP for Offshore Wind Vessel Conversion
Classification society ClassNK announced it has issued an approval in principle (AIP) for the conversion plan of the medium-sized self-elevating platform (SEP) vessel for the installation of large wind turbine generator (WTG) on a semi-sub floater in port jointly developed by TOA Corporation (TOA), NIHON SHIPYARD CO.,LTD. (NSY), and Japan Marine United Corporation (JMU).This project involves a semi-sub floater developed by JMU, and a large WTG to be installed by a converted SEPâŠ
Steps To Take Now For New Maritime Infrastructure Funding Opportunities
Much has been said both in Congress and by the current administration of the need to restore and enhance our nationâs transportation infrastructure, including its maritime transportation infrastructure. Recent legislation, such as the Infrastructure Investment and Jobs Act (IIJA, also known as the Bipartisan Infrastructure Law), the Inflation Reduction Act, the National Defense Authorization Act (NDAA) for fiscal year (FY) 2023, and the related appropriations acts, has shown that Congress is ready to provide substantial funding in support of these stated goals.
General Dynamics NASSCO Sets Its Sights on Offshore Wind
U.S. shipyard General Dynamics NASSCO has signed a memorandum of understanding (MOU) with Navantia Seanergies, the green energy division of Spanish state-owned shipbuilder Navantia, in pursuit of opportunities in U.S. offshore wind.The partners will explore opportunities to manufacture components and assemble floating foundations for offshore wind projects in the U.S., leveraging Navantia's near decade of experience in offshore wind and the capabilities of the San Diego shipyard, as well as nearby port facilities and other locations for future offshore wind projects on the U.S.
Interview: Brendan Smith, President, Seaward Services
Brendan Smith brings more than a decade of maritime experience to his role as president of Seaward Services, a marine services company specializing in the operation, maintenance and repair of government and privately owned vessels. The company is part of the Hornblower Group.During his 6.5 years with the U.S. Navy, he served aboard the nuclear-powered submarine USS Santa Fe, and his roles included chemistry and radiological controls assistant (CRA), quality assurance officer (QAO) and combat operations instructor.
Onshore Funding for US Offshore Wind
Most of the media coverage of offshore wind development in the United States focuses on the leases of the offshore areas where the wind turbines will be located. However, equally important is the landside dimension of these projects, including the manufacture, installation, maintenance and operation of the turbines. Several awards made in the last two rounds of funding under the Port Infrastructure Development Program (PIDP) show how offshore wind now offers an additional direction of port development for which funding is available.
Marine News' Top Vessels of 2022
The November edition of Marine News magazine highlighted the most notable newbuilds delivered in 2022. From sturdy and nimble workboats, to the first new Jones Act laker in a generation, each vessel on display showcases the industryâs engineering prowess and technological ingenuity, with the focus on improving efficiency in operations. The maritime industry has no shortage of challenges to overcome, and each of Marine Newsâ top vessels will, in one way or another, aid efforts to tackle them.Mark W.
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 Administrationâs 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 âNorth Extensionâ (the area north of the existing general cargo terminals) at the Port of Alaska in Anchorage, Alaska.
Navigating Climate Change: How Shipping is Adapting in the St. Lawrence
When compared to other major river navigation routes around the world, the St. Lawrence River is a favored waterway.It flows from the mouth of Lake Ontario, at an altitude of 250 meters. From its source to the Gulf, the river travels 1,197 kilometers, and is fed by several tributaries including the Ottawa, Richelieu, Saint-François and Saguenay rivers.But the effects of climate change are being felt. The marine industry is adapting. It is currently embarking on a shift towardsâŠ
CEO in Focus: Allard Castelein, Port of Rotterdam
The Port of Rotterdam has blazed a path for ports globally in terms of automation, digitalization and decarbonization. As he enters the final year of his tenure, Allard Castelein, CEO, Port of Rotterdam, says there is still much work to do.While many global organizations are adept at âtalking the talkâ, the Port of Rotterdam stands out as âwalking the walkâ in regards to real investment and innovation in robotics, digitalization and infrastructure improvements to facilitate the efficient, effective transfer of shipâs cargo for distribution globally.
CTO in Focus: Henrik Stiesdal, Wind Power Pioneer
Wind power pioneer Henrik Stiesdal built his first wind turbine in 1978. It was one of Denmarkâs first step towards becoming a wind energy powerhouse, with Stiesdal regularly at the helm. Heâs now got wider climate initiatives in his sights, including industrializing floating offshore wind. He reflected with OEâs Elaine Maslin.By 2021, a total of 35 GW of offshore wind had been installed across the world. To meet global climate targets, the International Energy Agency (IEA) says that another 80 GW of it needs to be built per year by 2030.
Inside the St. Lawrence Seaway's Growing Economic Importance
The St. Lawrence Seaway is made up of a broad network of interconnected infrastructures. Channels, canals, port facilities and fleets illustrate the connections between transportation equipment, industrial production and the artificial, human-made environment.This valuable infrastructure represents significant capital investments that have already been amortized. The maintenance, modernization and adaptation of the sea-river network make it possible to meet the demands for capacity, fluidity and reliability imposed by the transport industry.From their position as supply chain nodes, the St.
Russia, Ukraine Agree to Protect Ukraine Grain Shipping Channel
Ships exporting Ukraine grain through the Black Sea will be protected by a 10 nautical mile buffer zone, according to long-awaited procedures agreed by Russia, Ukraine, Turkey and the United Nations on Monday and seen by Reuters.The United Nations and Turkey brokered a deal last month after Russia's Feb. 24 invasion of Ukraine halted grain exports, stoking a global food crisis that the United Nations says has pushed tens of millions more people into hunger.Since then Russia, UkraineâŠ