Business & Finance
Business & Finance
FY21 Budget Request Includes Full Funding for SHEP
U.S. Senators David Perdue and Kelly Loeffler, U.S. Representative Buddy Carter and the Georgia Ports Authority have applauded President Trump’s budget request for Fiscal Year 2021, which includes full capability funding to keep the Savannah Harbor Expansion Project (SHEP) on track. The Administrati
Business & Finance
Protecting the Maurepas Swamp
Louisiana Governor John Bel Edwards announced yesterday that the RESTORE Council has voted to approve $130 million in Deepwater Horizon oil spill dollars to fund the River Reintroduction into the Maurepas Swamp project. Administered by Louisiana Coastal Protection and Restoration Authority (CPRA), t
Business & Finance
Port Canaveral Gets $14.1M to Upgrade North Cargo Berth 3
The Canaveral Port Authority (CPA) has been awarded a $14.1 million grant from the U.S. Department of Transportation (DOT) Port Infrastructure Development Program to modernize and expand Port Canaveral’s North Cargo Berth 3. “This is the largest federal grant ever awarded to Port Canaveral, and we t
Business & Finance
West African ERB CI Opts for REMU Excavators
A West African company called ERB CI placed a new order recently for four REMU Big Float amphibious excavators that will be mounted on the base of Volvo’s EC210B and Volvo’s EC210B LR. The company from Ivory Coast will be utilizing the REMU Big Float amphibious excavators to safeguard and develop th
Business & Finance
TSHD Yury Maslyukov Joins Rosmorport Fleet
New trailing suction hopper dredger named Yury Maslyukov, built by Karelia-based Onezhsky Shipyard under the design of Damen shipbuilding group, recently joined the FSUE Rosmorport fleet. According to the Russian company, TSHD Yury Maslyukov has arrived to the port of Kaliningrad entering the compan
Business & Finance
Higgins: Industrial Activity Relies on Properly Dredged Waterways
Louisiana Congressman Clay Higgins announced earlier this week that South Louisiana waterway projects received significant funding in the U.S. Army Corps of Engineers FY 2020 Work Plan. Commenting the latest news, Higgins said: “Since coming to Congress, my office has worked closely with the Army Co
Business & Finance
Rye Harbor Included in the Budget
U.S. Senator Jeanne Shaheen, Senator Maggie Hassan and Chris Pappas issued the following statements in response to the Army Corps release of their fiscal year 2020 work plan, which includes $4 million to complete dredging work at Rye Harbor. Just last month, Shaheen led a New Hampshire congressional
Business & Finance
USACE Allocates $274.3 Million to Complete Port of Mobile Project
The U.S. Army Corps of Engineers has allocated $274,300,000 for the Port of Mobile in its Fiscal Year 2020 (FY2020) Work Plan, officially providing the resources to dredge Alabama’s premier port, according to U.S. Senator Richard Shelby. The funding – which accounts for the full federal share of the
Business & Finance
Over $100M Announced for Port of Corpus Christi CIP
In the newly released fiscal year 2021 President’s Budget, the White House included over $100 million for the Port of Corpus Christi’s Ship Channel Improvement Project (CIP) under the U.S. Army Corps of Engineers (USACE) Civil Works Division for Coastal Navigation Construction. This is the third con
Business & Finance
SC Ports Secures $20 Million Infrastructure Grant from DOT
S.C. Ports Authority was awarded a nearly $20 million federal grant yesterday to assist with building vital infrastructure at Wando Welch Terminal in support of the Charleston Harbor Deepening Project. The U.S. Department of Transportation awarded the Port Infrastructure Development Grant for S.C. P
Business & Finance
USACE Increases Funding for Oregon Dredging Projects
Oregon Representative Peter DeFazio has secured an additional $11.7 million from the U.S. Army Corps of Engineers for projects in Oregon’s Fourth Congressional District as part of the Fiscal Year 2020 work plan for the Corps’ Civil Works program. “Our ports and harbors along the Oregon coast are cri
Business & Finance
Scalise Announces $85M for Mississippi River Deepening
Louisiana Representative Steve Scalise has announced that the U.S. Army Corps of Engineers 2020 Work Plan includes critical funding for infrastructure projects in Louisiana, including $85 million to deepen the Mississippi River to 50 feet. “After years of hard work, I’m very glad that the Corps incl
Business & Finance
Fargo-Moorhead Receives $100M in Corps Work Plan
The U.S. Army Corps of Engineers, St. Paul District, has received $100 million to continue work on the Fargo-Moorhead Metropolitan Flood Risk Management Project in the U.S. Army Corps of Engineers Fiscal Year 2020 Work Plan released. This project is intended to provide flood risk reduction for the m
Business & Finance
Boost for Petaluma River Dredging
California Representative Jared Huffman announced earlier this week that over $11 million in long-awaited federal funding has been allocated for river maintenance in the Fiscal Year 2020 Army Corps of Engineers work plan for the North Bay. Roughly $9.7 million will go to dredging the Petaluma River