Ports of Indiana Announces New Strategic Initiatives
The Ports of Indiana today announced new key initiatives to expand its economic development role. After a year-long strategic planning process involving in-depth research and interviews with industry stakeholders, the organization made the decision to expand its current role and aggressively grow its core business. The Ports of Indiana's new initiatives include spearheading the evaluation of an inland intermodal rail port in Indiana and pursuing increased development financing authority. Indiana's three-port system serves the world's most productive industrial and agricultural region through a combination of strategic locations, intermodal connections and specialized facilities.
Indiana Governor Proposes State Add 4th Port
In the 2016 State of the State Address, Governor Mike Pence called on the Ports of Indiana to "vigorously explore" building the state's fourth port in southeastern Indiana. In Tuesday's State of the State Address, Governor Pence said, "Indiana's ports have also been spectacular catalysts for job growth. The Ports of Indiana is a statewide port authority created by state legislature in 1961 that operates three ports on the Ohio River and Lake Michigan. The three ports include Port…
Site for Indiana's Fourth Port Being Examined
The Ports of Indiana announced that Indiana Michigan Power has agreed to sell its recently retired Tanners Creek coal plant in Lawrenceburg, Ind., to a brownfield redevelopment company that is working with the Ports of Indiana to evaluate the site for use as the state's fourth port. "Infrastructure critical to our state's economy includes more than just roads," said Governor Mike Pence. "Indiana's ports and waterways have been tremendous catalysts for economic growth in this state for decades, and there is great potential here in southeast Indiana to develop a fourth port that will further energize our economy. St. Louis-based Commercial Development Company, Inc.
New Director for Jeffersonville Port
The Ports of Indiana has named Scott Stewart as port director for the Port of Indiana-Jeffersonville. A native of nearby New Albany, Ind., Stewart spent 24 years in positions of increasing responsibility with the Procter & Gamble Company before retiring in 2008 and moving back to Indiana. Upon his return, he served as a senior policy director for Governor Mitch Daniels and most recently as Director of Strategy for the Indiana Department of Transportation on the Ohio River Bridges project. "We're very excited to have someone of Scott's caliber join our team," said Rich Cooper, CEO for the Ports of Indiana. "Scott's management and leadership roles with one of the world's top corporations…
CGB to Invest $30 mln in Indiana Port
Consolidated Grain and Barge Co. (CGB) announced plans today to expand its operations at the Port of Indiana-Mount Vernon, investing more than $31 million to increase its soybean processing capabilities in southwest Indiana. “Indiana is a state known around the world for building things and growing things, and because CGB plays a key role in both, this soybean processor is helping advance our economy,” said Governor Mike Pence. “After processing soybeans in southwest Indiana for nearly twenty years, CGB knows firsthand the benefits of operating in a state that works for business.
Pacesetter Award for Port of Indiana-Burns Harbor
The top federal official presiding over the Great Lakes/St. Lawrence Seaway presented Indiana Governor Mike Pence with its flagship award today in recognition of an increase in international shipping at the Port of Indiana-Burns Harbor. Chief executives from the Great Lakes shipping community visited Indianapolis Wednesday to meet with Gov. Pence, Lt. Gov. Sue Ellspermann as well as public and private leaders from Indiana. During the meetings, U.S. Seaway Administrator Betty Sutton presented the "Robert J. Lewis Pacesetter Award" to Gov.
Indiana Ranks Top 10 for 109 Logistics Categories
The newly released 2016 Indiana Logistics Directory reports that Indiana ranks high nationally in its ability to move freight via truck, rail, water and air. The state is ranked in the top five states in more than 25 logistics-related categories and in the top 10 in 109. The Directory, published by the Ports of Indiana, showcases Indiana's vast transportation infrastructure and includes national logistics rankings, maps and freight statistics. According to the Directory, Indiana ranks first among all states in pass-through interstates…
Holcomb to Speak at Indiana Logistics Summit
Newly-elected Indiana Governor Eric Holcomb will provide special keynote remarks at next week's Indiana Logistics Summit. The two-day event is scheduled for Nov. 16-17 at the Indiana Convention Center and the Governor-elect will speak at 9 a.m. in the Sagamore Ballroom on Thursday, Nov. 17. Hosted by Ports of Indiana, Purdue University and Conexus Indiana, the Summit brings together over 350 executives from the logistics and advanced manufacturing sector to discuss critical issues facing all modes of transportation…
Shipping Boosts Indiana Lakeshore Economy by $14B
A new study released by the Ports of Indiana reports that waterborne shipping along Indiana’s Lake Michigan shoreline contributes $14b per year in economic activity to the state economy and more than 104,000 jobs. The study was conducted by Martin Associates, one of the foremost maritime economic consulting firms in the country, and was peer reviewed by economics professors from Indiana University, University of Notre Dame and Purdue University. The study focused on 2008 and 2009 data, which reflected a significant economic downturn, suggesting that the results are conservative estimates for average annual impacts. • $567m of state and local tax revenue.
Indiana Port Tonnage at Five Year High
The Ports of Indiana handled 8.1 million tons of cargo in 2011, the largest annual tonnage since 2006. New ethanol and dried distillers grains (DDGs) shipments combined with gains in limestone, salt and steel cargoes fueled a 5 percent increase in total shipments moving through Indiana's three ports. "Despite continued economic uncertainties, this was the fourth consecutive year our ports experienced growth," said Ports of Indiana CEO Rich Cooper. "Our 2011 shipments were nearly a million tons higher than the five year average. We've also seen a significant increase in capital investments by our port companies as they prepare for future growth. The Port of Indiana-Mount Vernon handled its largest annual tonnage since 1994 and the third highest in the port's 36-year history.
Ferguson, Gibson reappointed to Ports of Indiana commission
INDIANAPOLIS (March 21, 2011) – Gov. Mitch Daniels recently reappointed two key leaders for the Ports of Indiana commission, as Marvin Ferguson and Greg Gibson were each called to serve another term. “Our commission includes some of Indiana’s finest business minds,” said Ports of Indiana CEO Rich Cooper. “The governor did our ports another huge favor by reappointing these two men. Ferguson is the longest-serving member on the board, now in his 19th year with the Ports of Indiana. In the organization’s 50-year history, only three out of 37 total commissioners have served longer.
POSCO Plans Port Plant at Indiana-Jeffersonville
POSCO, a multinational company headquartered in Pohang, South Korea, and the fifth-largest steel producer in the world, has announced plans to build a wire rod processing center at the Port of Indiana-Jeffersonville, creating up to 60 high-wage jobs by 2018. POSCO is South Korea's fourth largest company, behind Samsung Electronics, SK Holdings and Hyundai Motors, and is ranked No. 162 in Fortune's Global 500. "Although we are located on different continents, South Korea and Indiana both share a reputation of excellence when it comes to advanced manufacturing," said Governor Mike Pence.
Ports of Indiana Handled $1.89b cargo in 2006
Steel shipments helped the Ports of Indiana set a new record of $1.89b of cargo handled in 2006. This was a 23-percent increase from 2005, which had been the previous 36-year high. Steel accounted for $955 million of the 2006 shipments, a 45 percent increase from the previous year. The Ports of Indiana surpassed $1 billion in cargo shipments for the third consecutive year – the only three years this has been accomplished since Indiana’s first port opened in 1970. All three of Indiana’s ports on Lake Michigan and the Ohio River set individual records for total shipments in 2006 – Mount Vernon: $482 million (+20%), Jeffersonville: $588 million (+30%) and Burns Harbor/Portage: $820 million (+21%).
Port of Indiana 40th Shipping Season
The Port of Indiana-Burns Harbor opens its 40th shipping season on April 9 with the arrival of the first international vessel – the Iryda. For 40 years, this Great Lakes port has provided an international connection for local businesses to reach world markets. The first ship signifies the start of the shipping season, the arrival of vital materials for local business and the start of another work season for longshoremen, crane operators, truckers and businesses that depend on the port. The Iryda was built in 1999 in Chiba, Japan, located on Tokyo Bay. It brings roughly 9,000 tons of steel coils to the port from Ijmuiden, Holland. The ship made a stop in Cleveland on its way to Burns Harbor…
Ports of Indiana Names New Public Affairs Manager
Heather Bunning has joined the Ports of Indiana as the new Public Affairs Manager, and will serve as the primary contact for media inquiries related to all three of the state's public ports as well as statewide maritime, foreign-trade zone and multimodal transportation issues. The Ports of Indiana is a statewide port authority that operates a system of three ports on the Ohio River and Lake Michigan, located in Jeffersonville, Mount Vernon and Burns Harbor/Portage. Bunning will be responsible for coordinating all media releases…
Jeffersonville Port Sets Cargo Record in 2014
The Port of Indiana - Jeffersonville handled over 2.4 million tons of cargo in 2014, up 48 percent from the previous year, according to a news release from the port. This was the first time annual shipments exceeded two million tons in the port’s 29-year history. The 2014 total was 464,000 tons higher than the previous record set in 2006. Another outstanding harvest in 2014 helped push grain tonnage to its highest volume ever breaking the previous record set in 1993. Steel and salt shipments also set all-time records, up 72 percent and 51 percent from 2013, respectively.
Québec, Indiana Partner for Great Lakes Shipping
Québec Minister of International Relations and Francophonie Christine St-Pierre and Indiana Lieutenant Governor Sue Ellspermann today announced that the Province of Québec and the State of Indiana will launch a new partnership to intensify their collaboration in Great Lakes/St. Lawrence System shipping and maritime economic development. Recent studies have shown that for the Great Lakes-St. Lawrence region, maritime transportation accounts for $34 billion in annual economic returns and more than 225,000 jobs.
TIGER Revs Up the Hoosier State
Since 1985, the Port of Indiana-Jeffersonville has played an important role in handling millions of tons of steel, grain, fertilizer, salt and other bulk cargoes for both inbound and outbound markets – domestic and abroad. Located directly across the Ohio River from Louisville, Ky., the port's central location connects the Midwest to the world with the Inland Waterways System, providing year-round access to the Great Lakes as well as ocean vessels in the Gulf of Mexico that can be transloaded with barges coming from or going to Jeffersonville.
Indiana Ports Sets Cargo Record in 2015
INDIANAPOLIS (Feb. 11, 2016) - The Ports of Indiana handled over 12.2 million tons of cargo in 2015, surpassing 2014's record volume by nearly 18 percent. This was the first time annual shipments exceeded 12 million tons in the port authority's 54-year history, and the total was more than 1.8 million tons more than the previous year's record. Shipments of coal, steel, bulk commodities and ethanol-related products helped drive significant increases in annual cargo volumes at the three Ohio River and Lake Michigan ports.
Ship Loading Indiana Steel For Export to Spain
About 11,000 tons of Indiana-made steel will set sail for Spain. The Julietta arrived at the Port of Indiana-Burns Harbor and was being loaded with hot-rolled steel coils from Mittal Steel in East Chicago, Ind. This is the first export shipment of steel through the Port of Indiana since 2005. There were a few export steel shipments between 2003 and 2005 – just over 55,000 tons total. In 1995, the port handled an all-time high 243,000 tons of exported steel. The shipment is destined for Pasajes, Spain. Federal Marine Terminals, which serves as the port’s general cargo stevedore, will load the vessel today and tomorrow. Since the Port of Indiana also has year-round access to the inland river system…
Submarine Indiana Pressure Hull Complete
Huntington Ingalls Industries (HII) announced that its Newport News Shipbuilding division has reached a milestone in the construction of the submarine Indiana (SSN 789). The 16th Virginia-class submarine has reached “pressure hull complete,” signifying that all of its hull sections are joined to form a single, watertight unit. Ship’s Sponsor Diane Donald, wife of Adm. Kirk Donald (U.S. Navy, Ret.), and Ray Shearer, chairman of Indiana’s commissioning committee, visited the shipyard to see the progress being made on the submarine and meet with its crew.
Virginia-Class Submarine Indiana Launched
The Virginia-class submarine Indiana (SSN 789) was launched into the James River at Huntington Ingalls Industries’ (HII) Newport News Shipbuilding division, the shipbuilder announced. The boat was moved to the shipyard’s submarine pier for final outfitting, testing and crew certification. “Launch is a true testament to our shipbuilders’ roughly four years of hard work,” said Matt Needy, Newport News’ vice president of submarines and fleet support. “Over the next several months, we will work closely with the Indiana crew to bring this great ship to life.
Katrina Disrupts River Shipments
Disruptions are expected in some Indiana shipments of grain, steel, fertilizer, iron ore and minerals, according to a Ports of Indiana statement issued on Thursday, according to a report on Business First of Louisville. The New Orleans-Gulf Coast region is home to six of the top 15 tonnage ports in the nation, handling more than 500 million tons of cargo per year. Indiana relies on these ports for transloading the state's shipments between river barges and ocean-going ships for international trade, the statement said. Ports in New Orleans, Mobile, Ala., and Gulfport and Pascagoula, Miss., are closed to ships. River traffic is limited to tugboats, barges and recovery boats, but inspections and depth soundings are needed before the river can open to ships.