Infrastructure News

The Panama Canal expects to announce the pre-qualified bidders for a project to build and operate two new container terminals by the end of this year, Administrator Ilya Espino said on Wednesday, advancing a tender process linked to one of the world's most strategic trade corridors.Speaking at the Houston International Maritime Conference, Espino said the canal authority has evaluated initial proposals, and the shortlisted companies will next receive a request for proposals, moving…

Speedcast, a connectivity, IT services and edge intelligence provider for remote operations, announced that it has completed the sale of its teleport infrastructure business to SatPort Infrastructure, a carrier-neutral ground infrastructure platform provider backed by EQT Infrastructure, part of global investment firm EQT.This transaction streamlines Speedcast’s operations through a more asset-light model, giving the business added flexibility to respond to customer needs while sharpening the company’s strategic focus and prioritization of resources toward its core objectives…

The American Association of Port Authorities (AAPA) congratulates the 35 award recipients of the Maritime Administration's (MARAD) Port Infrastructure Development Program (PIDP) grants from the Fiscal Year 2026 (FY26) application cycle.This year, the mainstay port industry grant program, administered by MARAD under the U.S. Department of Transportation (DOT), will invest $498 million to upgrade America’s ports in 19 states. A few project examples funded by this round of awards include:Relocation…

The Port of Oakland will soon begin construction on critical infrastructure improvements across the Oakland Seaport, including upgrades that will enable Matson Terminal to transition to a 100% zero-emission cargo-handling equipment fleet. Once complete, Matson Terminal will be the first marine terminal at the Port of Oakland to achieve this milestone, supported by new charging and electrical infrastructure. The Port celebrated the start of construction today alongside California…

Seatrium announced that it has entered into a Memorandum of Understanding (MoU) with global floating power solutions specialist Karpowership to pursue a joint venture to develop floating power and infrastructure solutions in Singapore, with the potential to extend cooperation to the wider Southeast Asia market.The two companies will create an integrated platform combining infrastructure development, financing, engineering, construction and operations. The collaboration brings together Seatrium’s global offshore engineering…

Seven Japanese companies have agreed to develop an integrated ammonia fuel supply chain and build four ammonia-fueled car carriers, establishing a commercial bunkering operation in Japan's Chubu region to support the vessels when they enter service in 2030.The agreement brings together shipowners NYK Line and Kawasaki Kisen Kaisha (“K” LINE), shipbuilders Imabari Shipbuilding, Shin Kurushima Dockyard, Nihon Shipyard and Kyokuyo Shipyard, as well as energy company JERA.The project encompasses green ammonia procurement…

Mammoet Canada Eastern Ltd., Port of Argentia Inc. and Argentia Capital Inc. (ACI) have signed a Memorandum of Understanding (MOU) to advance plans for a floating dry dock and marine repair facility at the Port of Argentia in Newfoundland and Labrador, Canada.The proposed development would combine Mammoet's heavy lifting, transport and marine engineering capabilities with the port's existing infrastructure, creating additional capacity for vessel maintenance, repair and industrial services.Central to the project is the Tugdock Submersible Platform (TSP)…

HD Hyundai and Kiewit Maritime Co. have announced plans to establish a joint venture to develop a new shipyard in the United States, targeting the start of construction in 2027 and full-scale operations in 2029.The proposed venture, HD Kiewit Shipbuilding LLC, would combine HD Hyundai's shipbuilding technology and shipyard operating expertise with Kiewit's engineering, construction and fabrication capabilities, the companies said.The shipyard is planned for an existing industrial site with deep water and unrestricted access to the Gulf…

Critical infrastructure has never been more connected. Across ports, energy networks and industrial facilities, operators have access to unprecedented volumes of operational data generated by sensors, surveillance systems, satellite imagery, connected equipment and digital monitoring platforms. Every day, these technologies provide valuable insights into the performance, condition and security of critical assets. Yet despite this growing visibility, one challenge continues to persist.The problem is no longer collecting operational data.

The St. Louis Metro Port system remains the nation’s most efficient inland port system, according to the latest U.S. Army Corps of Engineers data, ranking first in cargo tonnage per river mile and fourth in total tonnage among seven major inland port districts.In 2024, the 70-mile port system handled 24.8 million tons of cargo, averaging 354,286 tons per river mile. That figure was more than double the efficiency of each of the three higher-volume inland port districts.“Maintaining…

A Japanese consortium led by shipping giant NYK Line has developed a new port-based floating data center concept designed to accelerate the commercialization of offshore data centers while addressing growing constraints on land availability, electrical power and construction timelines.The consortium, comprising Nippon Yusen Kabushiki Kaisha (NYK), NTT FACILITIES, Eurus Energy Holdings and MUFG Bank, envisions floating data centers moored alongside existing port quays, leveraging…

Norwegian construction company Veidekke has signed a contract worth approximately $10.7 million (NOK 103 million) with Vestland County Council to upgrade two ferry terminals in western Norway.The contract covers the Hatvik and Venjaneset terminals serving the Hatvik–Venjaneset ferry route on county road 552 in Bjørnafjorden Municipality.The project includes the construction of new ferry ramps, extensions to auxiliary quays, foundation works, land reclamation, new abutments and…

Anduril Industries plans to invest $3.7 billion in a new Maryland shipyard to manufacture Virginia-class submarine components and other subsea systems, alongside a U.S. Navy contract worth up to $2.9 billion tied to production targets.The Arsenal-2 facility will be built at Tradepoint Atlantic in Sparrows Point, Baltimore County, with permitting and site preparation beginning immediately and initial operations expected in 2030.The combined public and private investment totals $6.6 billion, with Anduril set to build and operate the site. The U.S.

Ports are looking for affordable, reliable ways to decarbonize while still getting the performance they need. Propane can be part of that entire energy mix — from moving freight to material handling to producing dependable power. Jim Bunsey of the Propane Education Research Council (PERC) visits with Maritime Matters: The MarineLink Podcast, to share insights on how ports, terminals and even the workboat market [with a forthcoming conversion of the Erie class diesel tugboat Cheyenne to a hybrid propane vessel with electric drives] are increasing the uptake on this clean…

"Since the start of July, Panama Canal bulker transits have fallen 22% y/y. Bulkers have faced increased competition for transit slots from other sectors, especially tankers, as the US has boosted energy exports to Asia. El Niño is also expected to lead to lower water levels, which mean transit restrictions and thus heightened competition for available capacity,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO.The canal is commonly used on trade routes between the east and west coasts of the Americas, as well as some routes between the Americas and East Asia or Europe.

Contecon Manzanillo S.A. de C.V. (CMSA), International Container Terminal Services, Inc.'s (ICTSI) Mexican unit, has paved the way for the Port of Manzanillo to accommodate ultra large container vessels after receiving the go-ahead to handle ships with drafts of up to 15.5 meters. CMSA is now the only terminal operator at the Port of Manzanillo with this capability and is now able to serve vessels up to 400 meters long, including ultra large container vessels capable of carrying up to 24…

The Iran war's redrawing of the global trade map is forcing Gulf nations to retool their investment play book, ploughing capital into infrastructure, from energy pipelines to ports, to weather the fallout from the conflict.The war has highlighted the Gulf's overreliance on the Strait of Hormuz, previously a chokepoint for 20% of global oil flows but also subject for decades to Iranian threats of disruption.With the strait virtually blocked for much of the past six months, a burst…

Venezuela's dilapidated oil port terminals are imposing a de facto export cap on the country's resurgent crude production, with tankers having to wait up to 30 days to load because of ageing infrastructure, power outages and quality issues, according to shipping data, sources and documents.The delays are putting roadblocks on a U.S. plan to quickly boost Venezuela's oil exports following a flagship pact with global trading houses. The fight for infrastructure looks likely to intensify…

Hapag-Lloyd reported a recovery in second-quarter 2026 earnings as stronger container volumes and spot rates helped counter roughly $600 million in additional costs stemming from the Middle East conflict.The German container shipping group posted Q2 EBITDA of $829 million, slightly above $820 million a year earlier, while EBIT slipped to $176 million from $189 million. Group profit fell sharply to $83 million from $306 million. Revenue increased to $5.84 billion from $5.27 billion.The improvement from a weak first quarter was driven by strong Asian exports and improved U.S. demand.

Danish shipping group Maersk on Thursday raised its full-year earnings guidance for a second time this year and smashed profit forecasts as global container demand proved resilient in the face of the Middle East conflict.Surging freight rates, fuelled by gridlocked ports and strong Chinese export growth, delivered a windfall that dwarfed the additional costs caused by Middle East disruption, defying fears that the conflict would tip the global economy into recession and dent container demand.Maersk's second-quarter profit before interest…

Ports engineer Bryan Jones has been named HDR’s marine terminals leader.Based in Savannah, Georgia, Jones guides the firm’s growing marine terminals practice worldwide, working with port authorities and terminal operators to address evolving operational demands, infrastructure needs and industry trends.He supports clients in planning and delivering investments that improve efficiency and long-term performance while developing strategies to address changing trade patterns, growing cargo volumes…

The most important advisory body concerning the Nation’s inland waterways infrastructure is the Inland Waterways Users Board (IWUB), a Congressionally mandated, non-discretionary advisory committee established in the Water Resources Development Act (WRDA) of 1986 and codified by 33 U.S.C. § 2251. Comprised of the users and payers of the inland waterways system, the IWUB does not appropriate funds , but its recommendations are critically important to the U.S. Army Corps of Engineers…

"In the first half of 2026, Chinese iron ore mining fell by 7% y/y due to a 6% y/y increase in iron ore net imports and weaker steel production. The country is increasingly sourcing its iron ore from abroad because it is often of higher grade and competitively priced. Iron ore net imports now account for 57% of China’s iron ore supply compared to 50% in the first half of 2022,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO.While China’s iron ore supply slightly increased in the first half of 2026, demand from steel mills weakened.