Latest news from Heavy Lift & Project Forwarding International Magazine

Illinois passes USD45 bn construction bill

The US state of Illinois is to spend USD45 billion on the construction and refurbishment of roads, sewers, schools and parks over the next six years.

On signing the bill, Illinois Governor Jay Robert Pritzker said: “Together we passed the largest, most robust capital plan in this state’s history. We are investing USD45 billion over six years to fix what is broken and repair what is needed.”

USD33 billion has been earmarked for transportation projects, while state facilities will receive approximately USD4.3 billion worth of investment. In total, USD4.7 billion has been allocated to environmental and educational projects.

The necessary funds for the state-wide plan will come from a combination of tax increases and legislation changes.

Heavy Lift | News

Straddle carriers arrive in Grangemouth thumbnail image

Straddle carriers arrive in Grangemouth

February 13 - The port of Grangemouth in Scotland has taken delivery of five Kalmar straddle carriers as part of a multi-million-pound investment in its terminal equipment.
Views: 635
Port of Morrow wins federal funding thumbnail image

Port of Morrow wins federal funding

February 5 - The US Department of Transportation (DOT) has awarded USD1.6 million to the port of Morrow for equipment and infrastructure improvements.
Views: 1031
Decarbonising shipping comes at a USD1 tn cost thumbnail image

Decarbonising shipping comes at a USD1 tn cost

January 22 - At least USD1 trillion of capital investment in land-based and ship-related infrastructure is required to reach the 2050 goal of reducing shipping’s greenhouse gas emissions by 50 percent of 2008 levels.
Views: 1675
Consortium to develop ro-ro terminal in Port Saïd  thumbnail image

Consortium to develop ro-ro terminal in Port Saïd 

January 20 - Bolloré Transport & Logistics, Toyota Tsusho Corporation (TTC) and Nippon Yusen Kaisha (NYK) plan to invest USD150 million to develop and operate a ro-ro terminal in Port Saïd, Egypt. 
Views: 1722

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