AJOT Digital Edition
Issue #594

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Delaware River Ports

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2014 Media Kit

Breakbulk & Projects

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Kinder Morgan investors approve $44 bn deal to put pipelines under Kinder Morgan Inc.

AJOT | December 11, 2014 | Breakbulk & Projects | Projects | Energy | Pipeline

Kinder Morgan’s diverse base of investors approved on Thursday a $44 billion deal to bring four related pipeline companies under the roof of Kinder Morgan Inc. The approval of the deal heralds the official beginning of a new era for Houston-based Kinder Morgan, which has evolved into the largest midstream company and the third largest energy company in North America by enterprise value since it was formed in 1997. Read More »

US House and Senate bipartisan support for Coast Guard Authorization

AJOT | December 11, 2014 | Breakbulk & Projects | Liner Shipping | Ports & Terminals | Regulatory Issues | Ports

US House and Senate Leaders Issue Statement on Passage of Bipartisan Coast Guard Authorization Ranking Member of the House Transportation and Infrastructure Committee, and Senators John D. (Jay) Rockefeller IV (D-WV) and John Thune (R-SD), the Chairman and Ranking Member of the Senate Commerce, Science, and Transportation Committee, issued the following statement on the passage of the Howard Coble Coast Guard and Maritime Transportation Act of 2014. Read More »

Great Lakes Dredge wins a $25.6 million contract for the Arthur Kill Channel Navigation project

AJOT | December 11, 2014 | Breakbulk & Projects | Projects | Ports & Terminals | Canal and Waterway | Ports | Wet Bulk Port | Dry Bulk Port | Break Bulk Port | Container Port

Great Lakes Dredge & Dock Co., LLC, from Oak Brook, Illinois, has won a $25.6 million firm-fixed-price contract for the Arthur Kill Channel Navigation project. This development program will include the following activities: dredging, blasting and disposal of rock. Read More »

Study finds two-thirds economic benefits from road/transit investment in non-construction sector

AJOT | December 11, 2014 | Breakbulk & Projects | Projects | Intermodal | Road | Rail

Two-thirds of the economic benefits and jobs created by federal highway and transit investment occur in non-construction sectors, according to a new study. The study also finds that every dollar invested through the federal Highway Trust Fund (HTF) in state highway, bridge and public transit infrastructure programs returns 74 cents in tax revenue. Read More »

MHG In Talks with BASF Regarding A Series of Initiatives

AJOT | December 11, 2014 | Breakbulk & Projects | Projects

MHG, the manufacturer of one hundred percent biodegradable plastic, announced they met behind closed doors with BASF, the largest chemical company in the world. Dr. Paul Pereira, CEO and Executive Chairman of the Board of Directors, met with Johannes Becker, Vice President of Strategy in Brussels last week to discuss next steps in a series of initiatives. Read More »

Bunge exec sees no sign Russia will limit wheat exports

Reuters | December 10, 2014 | Breakbulk & Projects | Breakbulk

Bunge Ltd, one of the world’s largest agricultural trading houses, sees no signs that Russia will limit wheat exports as some traders have feared, the company’s managing director of global agribusiness said on Wednesday. Read More »

Diana Shipping announces the acquisition of a new-nuilding Capesize dry bulk vessel

AJOT | December 09, 2014 | Breakbulk & Projects | Breakbulk

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, has announced that it signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to acquire from an unaffiliated third party seller, new-building Capesize dry bulk vessel of approximately 180,000 dwt, built by Qingdao Beihai Shipbuilding Heavy Industry Co., Ltd., Qingdao, People's Republic of China, for a purchase price of US$50 million. Read More »

Port Hedland iron ore shipments to China fall in November

Reuters | December 02, 2014 | Breakbulk & Projects | Breakbulk | Ports & Terminals | Ports | Dry Bulk Port

Australian shipments of iron ore to China from Port Hedland, which handles about a fifth of the world’s seaborne trade, fell 8.5 percent in November from a near-record high in October, port data showed. Read More »

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