The Georgia Ports Authority on Wednesday unveiled plans to grow capacity at the Port of Brunswick’s autoport and its breakbulk terminal for forest products. “We’re expanding berth and terminal capacity at both Colonel’s Island and Mayor’s Point so that we are ready to take on additional trade,”...
Americas
RWE and National Grid consolidate partnership, announce Community Offshore Wind as name of joint venture
Following the success of their joint bid in the New York Bight offshore lease auction last month, RWE Renewables and National Grid have announced the name of their joint venture, Community Offshore Wind. Their tagline is, “Local clean energy for all.” According to the JV’s new website, RWE and...
Tidewater snaps up Swire Pacific Offshore in $190m deal
Houston-headquartered OSV owner Tidewater has entered into a definitive agreement to acquire all of the outstanding shares of Singapore offshore vessel operator Swire Pacific Offshore (SPO), a subsidiary of Swire Pacific Limited, for approximately $190m. Tidewater said the move will create the...
https://splash247.com/tidewater-snaps-up-swire-pacific-offshore-in-190m-deal/
Siem Offshore secures new well intervention vessel deals with Helix
Norwegian offshore vessel operator Siem Offshore has struck a new deal with Houston-based offshore energy services company Helix Energy Solutions for the 2016-built well intervention vessel duo Siem Helix 1 and Siem Helix 2. The agreements will replace the existing contracts and the new firm period...
https://splash247.com/siem-offshore-secures-new-well-intervention-vessel-deals-with-helix/
Alabama Port Authority receives federal funds for multimodal investments
The US Department of Transportation last week awarded $38m to the Alabama State Port Authority (ASPA) to construct multi-modal transportation assets in Mobile, Ala. The ASPA will invest the funds in an interterminal connector bridge at its container intermodal complex to connect the marine terminal...
https://splash247.com/alabama-port-authority-receives-federal-funds-for-multimodal-investments/
BlackRock increases holding in Clarksons
New York-based BlackRock, the world’s largest asset manager, has emerged as a major shareholder in the world’s biggest shipbroker. A filing with the London Stock Exchange shows BlackRock has upped its holding in Clarksons and now controls 5.21% of the UK broker’s stock. Clarksons revealed earlier...
https://splash247.com/blackrock-increases-holding-in-clarksons/
Colombia to build its first offshore wind farm near Barranquilla
Diego Mesa, Colombia’s Energy Minister, announced on Tuesday that the city of Barranquilla has signed a memorandum of understanding with Denmark’s Copenhagen Infrastructure Partners for the installation of a 350 MW offshore wind farm in the Caribbean Sea, Colombia’s first offshore wind facility....
https://splash247.com/colombia-to-build-its-first-offshore-wind-farm-near-barranquilla/
Government of Canada delays decision on Bay du Nord oil project off Newfoundland
A federal decision on the fate of the Bay du Nord oil and gas project off the coast of Newfoundland and Labrador in eastern Canada has been delayed for 40 days to mid-April – after an earlier 90-day extension from December 2021 – to give Steven Guilbeault, Canada’s Minister of Environment and...
Port of Halifax adding container facility to reduce inspection turn-around times
The Government of Canada plans to contribute $7m from the National Trade Corridors Fund to build a new container examination facility within the Port of Halifax. The Halifax Port Authority will invest $8m, for a total of $15m for the project. The new facility will replace an existing off-site...
US congressional committees question liner pricing
Two subcommittees of the US House of Representatives’ Committee on Oversight and Reform have sent letters to A.P. Moller Maersk, CMA CGM Group and Hapag-Lloyd AG “requesting information about dramatic increases in the prices for shipping containers and reports of exorbitant fees and surcharges,”...
https://splash247.com/us-congressional-committees-question-liner-pricing/