Waterways Council, Inc. (WCI) is the national public policy organization that advocates for a modern, efficient inland waterways system. Abiding by our mission has meant success over our 17-year history. In 2020, WCI’s top priority is to conform the cost-share for Inland Waterways Trust Fund (IWTF)-financed construction projects to require 25% of the project cost be derived from the IWTF and the
BP Plc began turning off production at three platforms in the northern Gulf of Mexico and evacuating workers because of the threat from Tropical Storm Cristobal, forecast to make landfall in Louisiana over the weekend, the company said.Norwegian state-oil company Equinor ASA began evacuating non-essential workers on Wednesday and plans to shut production on Friday at its Titan oil platform if
With developments in the current health crisis almost entirely consuming nearly all news reporting, one could be forgiven for thinking that the members of Congress are thinking about and working on little else, and that even if they were, the divisive partisanship of recent years would doom the prospects of much else getting done. Happily, that is not the case for the nation’s inland waterways.
The combination of the coronavirus pandemic and oil price freefall have affected most maritime markets, including inland waterway shipping. Looking at U.S. river transport in particular, the impacts of these two black swan events vary greatly depending on the type of cargo being carried.David Grzebinski, CEO of the America’s largest tank barge operator, Kirby Corp.
As the nation continues to be impacted by COVID-19, there are silver linings to the crisis: family time and togetherness, gratitude for what we had before it was taken away, and a chance to seek opportunities to be better and more productive.As funding bills related to the COVID-19 crisis move forward, there may be an opportunity for the nation to better itself by modernizing its infrastructure.
Two dozen small shipyards in the U.S. have received a combined $19.6 million through the U.S. Department of Transportation’s Maritime Administration (MARAD) Small Shipyard Grant Program to help fund upgrades and expansions that often lead to more competitive operations, quality ship construction and improved employee skill.“This $19.
The Fixing America’s Surface Transportation (FAST) Act was enacted in December 2015. The FAST Act required the U.S. Department of Transportation (DOT) to develop a National Freight Strategic Plan to address multimodal freight transportation. In the Federal Register of December 27, 2019, DOT requested information from the public, including industry trade groups
It is often difficult to push through the federal government morass to focus on the issues that actually matter to the inland operator. While 2020 inevitably will be a contentious year in American politics, it is critical to stay focused on the items that will have direct impact on the U.S. maritime industry.
Inland Dredging Company helps keep commerce flowing on America’s inland waterway system.Dyersburg, Tenn. based Inland Dredging Company completed dredging projects spanning eight states and across four U.S. Army Corps of Engineers Districts. Beginning in July and finishing in December (2019), Inland Dredging crews dredged ports and harbors along the Mighty Mississippi River, Ouachita River
Houston-based Kirby Corporation said it has signed a definitive agreement to acquire Savage Inland Marine's towboat and tank barge fleet for approximately $278 million in cash and the assumption of leases.Kirby will acquire Savage's inland fleet consisting of 46 towboats and 90 tank barges with approximately 2.
Missouri Port Authorities Team Up To Advance Plan For Statewide Initiative That Focuses On Innovative Inland Waterway Container-On-Vessel Freight Service.Missouri Governor Michael Parson visited the Mississippi River town of Herculaneum on August 12 to find out more about statewide efforts to deliver a new option to transport freight along the inland waterways and what role an innovative
Kirby Corporation (“Kirby”) (NYSE: KEX) has announced net earnings attributable to Kirby for the second quarter ended June 30, 2019 of $47.3 million, or $0.79 per share, compared with earnings of $28.6 million, or $0.48 per share, for the 2018 second quarter. Excluding a one-time charge related to the retirement of Kirby’s Executive Chairman