Gulf Coast to Receive USD 1.1 Billion from Transocean ...

Gulf Coast to Receive USD 1.1 Billion from Transocean Settlement

U.S. Senator Mary L. Landrieu, D-La., released the following statement regarding the record $1.4 billion Transocean ...

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Australia: Total Cost of Gladstone LNG Project Remains ...

Total Cost of Gladstone LNG Project Remains USD 1.1 Billion

The Directors of Liquefied Natural Gas Limited announced that the estimated total cost of the Gladstone Fisherman’s ...

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Indonesia Needs USD 46.1 Billion for Ports Development, ...

Leon Muhammad, Director General of the Directorate General of Sea Transportation, said that Indonesia needs ...

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USA: House Recommends USD 1 Billion for Dredging

The U.S. House Energy & Water Appropriations Subcommittee, chaired by Rep. Rodney Frelinghuysen, has approved ...

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Port of Long Beach, OOCL Sign USD 4.6 Billion Middle ...

Port of Long Beach, OOCL Sign USD 4.6 Billion Middle Harbor Lease

  Port of Long Beach Executive Director J. Christopher Lytle and Orient Overseas Container Line CEO Phillip Chow ...

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USA: Budget Provides USD 92 Million for Great Lakes ...

The President’s fiscal year 2013 budget provides $4.7 billion for the U.S. Army Corps of Engineers civil works ...

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USA: Port of Long Beach, OOCL to Sign USD 4.6 Billion ...

Port of Long Beach, OOCL to Sign USD 4.6 Billion Middle Harbor Lease

The Port of Long Beach has reached a tentative agreement on a 40-year, $4.6 billion lease with Orient Overseas ...

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China: CHEC Surpasses 2011 Target

CHEC Surpasses 2011 Target

State-owned China Harbor Engineering Co (CHEC), one of China’s top port builders, sealed new contracts worth ...

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China: Wuhan Plans to Invest USD 13.53 Billion in Port ...

River-city Wuhan in Central China recently worked out a plan according to which the city will spend US$8.33 billion ...

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Peru Plans to Invest USD 3 Billion in Ports

In pursuing efforts to modernize its port network, Peru plans to invest $3bn in the upcoming five years. Half of ...

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USA: Port of Charleston Reveals USD 1.3 Billion ...

The Port of Charleston has announced that it will be making a large investment over the next ten years to become a ...

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USA: Army Corps Needs USD 1 Billion to Repair ...

The Army Corps of Engineers​ says it desperately needs about $1 billion to repair the damage from this year’s ...

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US Ports Demand Access to USD 6 Billion Collected from HMT

US ports are demanding access to a $6 billion fund collected from the controversial Harbour Maintenance Tax ...

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USA: Senate Okays USD 7 Billion Disaster Aid Plan

Setting up a battle with the GOP-controlled House, Senate Democrats on Thursday muscled through a $7 billion bill ...

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USA: Senator Secures USD 1.26 Billion for Louisiana ...

According to a press release issued by the Office of United States Senator Mary L. Landrieu, D-La., the Senator ...

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Dredging Allows USD 1 Billion Warship to Safely Transit ...

Dredging that the Navy says is needed to allow a $1 billion warship to safely transit the Kennebec River is under ...

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UK: DP World to Spend USD 2.5 Billion on London ...

DP World Ltd. is preparing to spend 1.5 billion pounds ($2.5 billion) on Britain’s first deepwater port in at least ...

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Australia: Roy Hill USD 6.6 Billion Iron Ore ...

The West Australian reported that Australia’s richest person Ms Gina Rinehart says she expects construction ...

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Jamaica: Dock Repairs Rise to half-billion Dollars

Petrojam Limited is shelling out an additional J$361 million for repair work on its shipping dock that was damaged ...

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The Netherlands: IHC Merwede Expands Banking Facilites ...

  IHC Merwede has increased its underwriting capacity by more than 50 per cent to €1.5billion. Of this amount, ...

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MPDC Plans USD 1 Billion Investment in ...

Mozambique’s Ports Development Company (MPDC), part-owned by Dubai’s DP World, has announced a $1bn ...

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