Port of Long Beach modernization projects created 5,166 new construction-related jobs in the region in 2012, mainly linked to the award of contracts for the design and building of the Gerald Desmond Bridge replacement and an ongoing terminal makeover. In 2012, the Port awarded a $650 million design-build contract for the bridge project and major [...]
U.S. Senators Charles E. Schumer and Kirsten E. Gillibrand announced that, after their push, the United States Department of Agriculture (USDA) has determined that five Long Island farms are eligible for funding to repair 4.5 miles of levees that were damaged by Superstorm Sandy. The levees protect over 700 acres of farmland and Suffolk County [...]
Governor Andrew M. Cuomo announced that a $32.2 million project to restore Ocean Parkway on Long Island is reaching a milestone this week with the start of pavement reconstruction only four months after Superstorm Sandy devastated the oceanfront roadway and miles of beaches along it. “Ocean Parkway and its connections to Robert Moses State Park [...]
Rigrodsky & Long, P.A. announced that a complaint has been filed in the United States District Court for the Northern District of Illinois on behalf of all persons or entities that purchased the common stock of Great Lakes Dredge & Dock Corporation between August 7, 2012 and March 14, 2013, inclusive, alleging violations of the [...]
CMA CGM, the world’s third-largest container shipping line, has purchased a stake in the Port of Long Beach’s Pier J, a move that will bring an additional 2.6 million container units to the Port and increase Port revenues by about $70 million over the next five years. The investment makes the Marseille, France-based ocean carrier [...]
Officials from the Port of Long Beach and the Panama Canal Authority on Tuesday, December 4, renewed an agreement that promotes more trade between Latin America and the U.S., and facilitates the exchange of ideas for seaport engineering, dredging and environmental practices. With the renewal of the Memorandum of Understanding –first signed in December 2010 [...]
The Washington Department of Ecology (Ecology) is seeking public comment on a proposal to certify the establishment and operation of a privately owned, 76-acre wetland mitigation bank north of the city of Long Beach in Pacific County. The public comment period for the proposed Long Beach Wetland Mitigation Bank is Friday, Nov. 16, through Monday [...]
The Port of Long Beach is setting another record for welcoming the largest megaships in North America with the visit this Sunday, September 30, of the MSC Beatrice. The vessel, 1,200 feet long, 167 feet wide and capable of carrying 13,798 container units, was docked in the early morning at Long Beach’s Pier T on [...]
Kochi port has introduced plans to go in for long-term contract for dredging. According to thehindubusinessline.com, the management has invited expressions of interest from companies and their consortiums or joint ventures for taking up dredging operations for a period of 12 years. The long-term contract is expected to make the work more attractive to dredging [...]
The Port of Long Beach was named the best seaport in North America by Cargonews Asia at the 2012 Asian Freight and Supply Chain Awards in Shanghai. It is the 15th time in the past 17 years that the Port of Long Beach has been recognized as the best on the continent by importers, exporters, [...]