• 2024 August 3 11:26

    Norfolk Southern to make strategic investments to grow capacity on a key rail line in Alabama

    Norfolk Southern Corporation is investing to grow capacity on a key rail line in the state of Alabama, the 3B Corridor, which connects markets in northern and central Alabama to the Port of Mobile and destinations worldwide. The more-than $200 million investment positions the line to accommodate expected growth in several sectors as the Southeast progresses as an economic powerhouse for the US economy, American Journal of Transportation (AJOT) reported.

    The 3B Corridor is strategically aligned with the Port of Mobile, which contributes $85 billion in annual economic value to Alabama. The corridor represents an important segment of Norfolk Southern's annual traffic, serving critical industries like agriculture, automotive, chemicals, forestry, and steel. The investments are expected to yield immediate returns when they begin to come online in 2025.

    The project involves a mix of terminal and track-based infrastructure improvements, including capacity projects in central and southwest Alabama, customer-specific projects in north Alabama and locations north of Mobile, yard upgrades in Wilton and a series of grade crossing improvements throughout the region.

    Already, Norfolk Southern is collaborating on a project to allow a high-volume met coal customer to take advantage of the expanded 3B Corridor. This new premium met coal production facility, set to be developed in 2025, will help power global production of metals products, especially for essential infrastructure projects, for decades to come.

    Another customer, Packaging Corporation of America, recently expanded its paper mill located along the corridor, partnering with Norfolk Southern on the project to enhance efficiencies for both companies.


2024 August 4

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14:06 Dorian LPG Ltd. announces revenues of $114.4 million for Q1 FY2025
13:07 CPLP announces approval of corporate conversion and name change as it continues its strategic pivot to the LNG and energy transition business
11:41 MEPC 82: Tiny ammonia gas leaks should trigger alarms on ships - class societies
10:42 Sanmar signs contract to build two powerful tugs for Directorate General of Coastal Safety
09:37 Vard wins contract for design and construction of an ECV for Norwegian firm

2024 August 3

15:51 Austal Australia delivers 7th ECCPB to Royal Australian Navy
12:04 CLIA: Cruise companies show interest in new Greek destinations
11:26 Norfolk Southern to make strategic investments to grow capacity on a key rail line in Alabama
10:13 Taiwanese government to back Yang Ming’s fleet expansion
09:52 Unifeeder launched Egypt-Aegean feeder

2024 August 2

18:00 Panama Canal to allow 36 daily transits by September
17:14 Damen orderbook hits record €11bn
16:57 Tokyo and the Paris Memoranda of Understanding to launch a joint concentrated inspection campaign on crew wages and seafarer employment agreements
16:39 Russia's August western port oil loadings to rise 9% m/m - Reuters
14:23 Petrobras signs a contract to acquire undersea equipment for the Santos and Campos basins
13:42 FPSO Almirante Tamandaré leaves shipyard in China for Brazil
13:18 Newbuilding orders at Chinese shipyards up 43% in H1 2024
12:42 Panama Canal announces new long-term slot allocation method for Neopanamax vessels
12:16 ABP and FibreMax announce Memorandum of Understanding to boost offshore wind sector in the Celtic Sea
11:42 MOL obtains AiP for the design of a membrane LNG Carrier installing Wind Challenger
11:04 Methane slip being eliminated as LNG uptake accelerates
10:38 International Chamber of Shipping launches new hydrogen demand report
10:23 OEG Renewables businesses successfully complete cable burial campaign for Nexans
09:59 Trafigura, Vitol and Glencore awarded tender to supply Egypt with 5 LNG shipments

2024 August 1

18:00 China’s first 10,000 DWT methanol dual-fuel integrated electrically-propelled inland bulk carrier completes sea trial
17:31 Albania launches tender for construction of new Porto Romano port
17:12 Uniper expands green portfolio to include BioLNG
16:47 Mærsk reports an unaudited revenue of USD 12.8bn for Q2 2024
16:26 Jebel ali port welcomes Cosco Shipping’s ‘Min Jiang Kou’
15:53 India's Adani Ports reports 47% jump in Q1 profit on strong cargo volumes
15:24 Red Sea crisis hits volumes at port of Piraeus
14:40 Amogy’s NH3 Kraken completes traditional maritime renaming ceremony
14:00 Crowley accepts delivery of largest U.S.-flagged bunker barge
13:45 European coal imports eye multi-year lows in July – Kpler
13:25 DP World powers Nhava Sheva Terminals with 11 mw green energy, cuts CO2 emissions by 50%
12:48 ClassNK issues world's first approval in principle for bunkering boom for ammonia fuel
12:14 Wartsila to transfer its manufacturing site in Trieste, Italy to shipping company MSC
12:08 Bunker price trends in the world's four largest hubs, Jul 29 - Aug 4 – MABUX
11:52 DEME and OQ join forces with bp for HYPORT Duqm project in Oman
11:23 GTT receives two orders from HD KSOE for the tank design of CMA CGM's 12 LNG-fuelled container ships
10:41 Orizzonte Sistemi Navali signs €1.5 billion contract for two “FREMM EVO” frigates for the Italian Navy
10:10 New Times Shipbuilding invests $692 million to expand production
09:47 LNG bunker sales at the Port of Rotterdam up by 35.1% to 242,931 m3 in Q2 2024

2024 July 31

18:00 Adani mulls $2 bln Danang coastal port project
17:03 Turkey considers own emissions trading scheme
16:32 Oil spill clean-up underway on South Africa’s west coast after the weekend break-up of grounded Panama flagged cargo vessel
15:59 ABB modernizes MS Amera with DC technology and shore connection for improved safety and efficiency
14:46 US Court enforces $200m award against Government of Djibouti over illegal port seizure
13:44 World Shipping Council advances Green Balance Mechanism proposal with new submission to IMO
13:22 Forth Ports successfully trials new deep water berth with the arrival of the Carnival Legend cruise vessel in Leith
12:43 Global schedule reliability continues to stay within 50%-55% in June 2024
12:34 ADNOC’s offshore SARB field commences AI-enabled digital operations
11:59 Ship-to-ship bunkering boom for fuel ammonia obtains AiP from ClassNK
11:34 Hoa Phat provides containers for Hapag-Lloyd Shipping Line
10:50 Enterprise expands Houston Ship Channel Export facility
10:24 European Commission approves €998 million Dutch State aid scheme to support renewable hydrogen production
09:46 DFDS to leave space charter agreement on Dover-Calais

2024 July 30

18:00 EPPO investigates project for liquefied natural gas import terminal in Cyprus
17:32 European Commission launches Ship Financing Portal
17:16 Edison completes first LNG bunkering operation in the Adriatic Sea
16:57 LNG sales at the Port of Rotterdam up 12.9% in Q2 2024
16:47 PETRONAS, Enilive and Euglena reach final investment decision to construct a biorefinery in Malaysia
15:44 Kongsberg Maritime secures contract from Tarntank for its next wind-assisted chemical tanker
15:28 Wartsila signs a 16-year Lifecycle Agreement with Seapeak Maritime (Glasgow)
14:41 MOL introduces dynamic voyage optimization platform "Wayfinder"
14:13 Davie intends to create U.S. shipbuilding presence in alignment with ICE Pact
13:55 Flagship Founders and Studio 30 50 join forces to build the next generation of maritime-tech ventures
13:23 Green Marine UK’s hydrogen Crew Transfer Vessel retrofit initiative awarded AiP by RINA
12:59 Taihan cable launches South Korea's first offshore wind power cable laying vessel