• 2020 August 5 16:49

    Mississippi River will get deeper

    Gov. John Bel Edwards and Louisiana Department of Transportation and Development Secretary Shawn D. Wilson joined officials with the U.S. Army Corps of Engineers  to announce an agreement for the deepening of the Mississippi River from the Gulf of Mexico through Baton Rouge has been authorized and signed.   

    “This is a great day for the people of Louisiana who depend on the Mississippi River for their livelihood,” said Gov. John Bel Edwards. “When completed, this project will allow larger vessels that can currently use the widened Panama Canal to reach Louisiana ports as far north as Baton Rouge. It will also allow for some vessels to carry heavier loads. Nationwide, industries that depend on this Mississippi River to move goods will benefit greatly from this dredging project.”

    "The Mississippi River has always been a critical economic engine for the United States and connects our Nation’s heartland to the global economy,” said Major General Diana Holland, U.S. Army Corps of Engineers - Mississippi Valley Division Commander. "More capacity means greater efficiency in transportation and less costs for our Nation’s producers. From a benefit cost perspective, that equates to a benefit $7.20 for every dollar spent on operation and maintenance, a significant return on investment."

    The project will deepen the lower portion of the Mississippi River from 45 feet to 50 feet, and in turn, provide deep draft access to the ports at Plaquemines, New Orleans, South Louisiana and Baton Rouge.

    "No single agency can undertake a project of this level, magnitude, and importance without great partners,” said Col. Stephen Murphy, U.S. Army Corps of Engineers – New Orleans District Commander. “The Corps is privileged to have such a partner in the Louisiana Department of Transportation.  Together we look forward on delivering a project that will have immense benefits, not only for Louisiana, but across the nation."  

    “With the signing today, we have taken one step forward toward providing a better future for countless Louisianans,” said DOTD Secretary Shawn Wilson, Ph.D. “If we work together with our natural resources and put a multimodal commerce plan in place, the Mississippi River can be an economic super highway and Louisiana can be a leader in global goods movement.”

    “This is an important step forward for the shipping industry and commerce in our country,” said DOTD Commissioner of Multimodal Commerce Renee Lapeyrolerie. “State, local and federal officials along with other interested parties worked for a common goal that will culminate in benefits across the nation.”

    Funding for the approximately $250 million project has been allocated through a variety of sources. As the non-federal sponsor, DOTD has committed $81 million.

    Once completed, the deepening project will provide and expand global markets for Louisiana farmers, manufacturers and neighbors who rely on goods for jobs and their quality of life. The river and its tributaries account for over $750 billion of the nation’s economy and more than 2.4 million jobs.  In Louisiana, one in every five jobs is port-related with the ports comprising almost 23 percent of the dollar amount for the state’s goods and services.

    “The lower Mississippi River is the number one export region for America’s soybean and corn farmers,” said Mike Steenhoek, Executive Director of the Soy Transportation Coalition. “Enhancing the Mississippi River simultaneously enhances the competitiveness and profitability of American agriculture.  Encouraging this collaborative approach is not only beneficial to farmers and others reliant upon the river, but it also shares the non-federal cost of this project beyond the people of Louisiana.  I am proud that the State of Louisiana is partnering with the farmer leaders of the United Soybean Board, the Soy Transportation Coalition, and others in promoting this project of national significance.”

    One foot of additional depth will allow approximately $1 million in additional cargo, enabling vendors to use the Mississippi River, once completed, and its inland tributaries versus the more expensive land bridges.

    The ceremonial signing of the agreement was held Friday, July 31, 2020 at the United States Army Corps of Engineers – New Orleans District Headquarters.




2020 September 21

12:01 Fincantieri launches the first patrol vessel for Qatar
11:00 BeHydro dual-fuel hydrogen engine awarded Approval in Principle by LR
10:39 Remote audits discussed to avoid further disruption to audit schedule
10:02 Philippine Ports Authority launches COVID-19 contact tracing system for all port users, community
09:41 Oil prices are slightly up
09:23 MABUX: Bunker market this morning, Sep 21
09:08 Baltic Dry Index as of September 18

2020 September 20

16:27 Innovative vacuum cleaner removes plastic from nature reserve in the port of Antwerp
15:33 Master and chief engineer plead guilty in MV Funing case
14:07 World’s largest LNG bunkering vessel arrives in Rotterdam
12:38 Austal Australia delivers 7th GCPB
11:14 ABS to class another four VLEC for Zhejiang Satellite Petrochemical
10:49 MBZ and Boluda Towage Europe ink the 5-year concession agreement for providing sustainable towage service in the Port of Zeebrugge

2020 September 19

15:04 Vroon to recycle three PSVs
14:11 Limited openings at Erasmus Bridge for tall vessels
13:46 The construction of Finnnline's second hybrid ro-ro vessel started
12:33 USCG offloads estimated $216 million of cocaine, marijuana at Port Everglades
11:17 New Maritime Minister visits Port of Southampton

2020 September 18

18:53 Russian ports switch to unified digital platform for daily scheduling of vessels layout and traffic
18:17 KR issues world’s first cyber security class notation to HHI for very large LPG carriers
17:59 Rosmorport takes part in TRANSTEC International Transport Corridors Forum
17:37 Land purchase in Saint Petersburg: new service center for SCHOTTEL in Russia
17:26 Start-ups invited to enter competition to win £75,000 grant to develop innovate port technology
17:11 New high-speed passenger ship put into operation in Yamal-Nenets Autonomous District
17:06 SEACOR Marine forms new Sustainability Council to lead enhanced ESG program
16:51 District awards $15.4 million contract to dredge Freeport Lower Stauffer Reach channel
16:48 DP World and Dubai Customs to assess opportunities to develop trade links between UAE and Israel
16:30 Gazprom Nedra and Marine Rescue Service test SeaDrone MG in Arctic conditions
16:09 SG-STAR Fund: First global tripartite initiative to support countries for crew change
16:02 IUMI raises concerns over increased accumulation risk for yachts and inland vessels
15:43 USCG releases new plan to protect global maritime security
15:08 CMA CGM informs of revised port charges in Ghana
14:51 Bunker prices are stable at the Port of Saint-Petersburg, Russia (graph)
14:24 Goods traffic between North Sea Port and hinterland by inland waterways continues to increase
14:07 Vostochny Port installs four more dust capturing units
13:10 Last jackets to leave Dubai and head for the Moray East offshore wind farm
12:53 Admiralteiskie Verfi shipyard starts assembling major equipment on two trawlers for RFC
12:22 Reconstruction of Klaipeda Seaport breakwaters to increase competitiveness of economy in Lithuania
12:01 Kalmar to support DP World’s continuing expansion at Caucedo with new terminal tractors and empty container handlers
11:03 Naming ceremony held for Japan’s first LNG bunkering vessel
10:48 BIMCO introduces new PIs and KPIs to help improve performance
10:16 ECSA publishes study on implications of EU ETS for shipping
10:10 Keel laying of Tallink’s newest vessel MyStar takes place in Rauma shipyard, Finland
09:54 Port of Oakland import volume up for third straight month
09:51 MABUX: Bunker market this morning, Sept 16
09:47 Tallink Grupp’s vessel Baltic Queen arrives in Riga for the first time
09:23 Oil prices rise after a recent decrease
09:09 Baltic Dry Index as of September 17

2020 September 17

18:05 Digital Twin Ready certification awarded to Furuno
17:54 Damen launches Marine Aggregate Dredger for Hanson
17:52 Verifavia launches industry’s first “3-Way Plug & Play” dashboard
17:41 Nord Star officially listed as first resident of RF Arctic Zone
17:30 ITF and IMEC contribute US$500,000 to the Singapore Shipping Tripartite Alliance Resilience
17:06 Azerbaijan State Marine Academy offers skills development and advanced training courses for ASCO employees
16:43 Ship banned in Australia for AUD $118,000 in unpaid crew wages
16:15 COVID-19 is negatively impacting the offshore energy insurance sector, but market is beginning to harden, says IUMI
16:00 Gasum secures contract with Celsa Armeringsstål AS including LNG deliveries and new terminal
15:42 Diana Shipping announces the sale of a Panamax dry bulk vessel
15:28 FESCO launches regular intermodal service for seafood delivery from Far East to China
15:18 MABUX releases Bunker Weekly Overview