Tuesday, July 14, 2026

 

Alcoa greenlights Australia gallium plant with US, Japan and domestic backing


Image: Alcoa

Alcoa Corp (NYSE: AA) said on Tuesday it has reached a final investment decision to set up a gallium plant at its Wagerup alumina refinery in Western Australia, with backing from the Australian, Japanese and U.S. governments and industry partners.

The U.S. and Australian governments had said in October they would support Alcoa’s expansion plans in the region, a few months after the company signed a joint development agreement with a venture between the Japanese government and Sojitz Corp 2768.T.

The U.S.-based aluminium producer plans to construct and operate the plant, which could provide up to 10% of the global gallium supply.

“This final investment decision reflects a shared commitment by governments and industry to strengthen critical mineral supply chains among the partners,” said Alcoa President and CEO William F. Oplinger.

Construction activities are expected to begin after final site preparations, the company added.

Gallium, a raw material used in the production of alumina, is a critical mineral for the technology sector, especially the semiconductor and defense industries.

Earlier this month, Alcoa agreed to buy the bulk of South32’s (ASX: S32) aluminum portfolio for an implied enterprise value of up to $5.6 billion to expand its access to upstream assets, including bauxite, alumina and aluminum assets across Brazil, South Africa and Western Australia.

(Reporting by Keshav Singh Chundawat in Bengaluru; Editing by Jonathan Ananda)

 

Genesis boss says Vault merger is the perfect pairing



Leonora operations. (Image courtesy of Vault Minerals.)

Genesis Minerals (ASX: GMD) says its proposed merger with Vault Minerals (ASX: VAU) is the “perfect pairing” to create Australia’s third-largest listed gold producer with A$2 billion in projected synergies.

The all-share and cash transaction values Vault at about A$5.6 billion and will create a Western Australian-focused producer with a pro-forma market capitalization of almost $9 billion (A$12.6 billion). 

Vault shareholders will receive 0.7629 of a new Genesis share plus A47.5¢ in cash for each Vault share, leaving them with about 40.2% of the combined company. The merged group is expected to produce 600,000-700,000 oz. of gold annually, hold 33.6 million oz. in resources and 9.4 million oz. in reserves, ranking behind only Northern Star Resources (ASX: NST) and Evolution Mining (ASX: EVN) among ASX-listed gold producers.

“This will be a globally relevant scale of liquidity sought by global investors, including potential index inclusions and upweighting,” executive chairman Raleigh Finlayson said on a conference call Tuesday. “But to be clear, this is an outcome or reward for shareholders – not a reason for the deal.”

A$2B in synergies

The merger brings together neighbouring operations in Western Australia’s Leonora-Laverton district, where the companies’ flagship assets sit just 35 km apart. Genesis estimates the combination will generate A$2 billion in synergies over 10 years, including A$1.5 billion tied directly to the proximity of the assets. 

Ore from Genesis’ Tower Hill project will be processed through Vault’s King of the Hills mill, eliminating the need to build a new processing plant and expand the Laverton mill, saving an estimated A$715 million in growth capital.

The transaction follows Regis Resources’ (ASX: RRL) decision not to match Genesis’ higher offer for Vault. Genesis expects the combined company to hold A$611 million in pro-forma net cash and A$1.4 billion in liquidity, supported by underlying quarterly cash flow exceeding A$200 million across both businesses.

Finlayson said the merger builds on Genesis’ recent A$669 million acquisition of Magnetic Resources and its 2.2-million-ounce Lady Julie gold deposit, while leaving room for additional operational improvements.

“We have a lot of upfront cost-saving synergies that will come through immediately to make us more robust in a declining gold price environment, but also, we have the second largest resource position in Australia which gives us upside as far as organic growth opportunities in the portfolio,” he said.

Not a “fix-it” job

Genesis expects the transaction, unanimously recommended by the Vault board, to close in November. Finlayson will lead the integration and a strategic review of the combined asset portfolio with an updated corporate plan due in the first half of 2027.

Finlayson declined to say whether smaller assets such as the Deflector mine in Western Australia or the Sugar Zone project in Canada would remain core to the business.

“To be clear, this merger is not a fix-it job,” he said. “All mines across both portfolios are running well.”

The review will also establish the enlarged company’s culture and values.

“This will be drawn up from the front line, not from the boardroom,” Finlayson said. “Ultimately, we want to get buy-in from the entire workforce, and we want people that own this business to take it forward.”

 

Giant copper mines brace for winter deluge in top producer Chile


El Soldado copper mine in Chile. (Image courtesy of Anglo American |Flickr.)

Chile convened mining companies and industry groups for emergency talks as a powerful winter storm threatens to dump heavy rain across key copper-producing regions, risking disruptions to mines, ports and transport networks. 

Economy and Mining Minister Daniel Mas called a meeting Tuesday with companies including Codelco, Antofagasta Plc and Teck Resources Ltd. to review contingency plans, while regulator Sernageomin activated its crisis committee to monitor the risk of landslides and mudslides.

The deluge in a country that accounts for almost a quarter of the world’s mined copper will be watched closely by traders at a time of tightening global supplies of a metal used in everything from air conditioners to electric vehicles and data centers. The storm is the latest threat to Chilean production, which has already been constrained by operational setbacks and deteriorating ore quality that is forcing miners to invest heavily just to maintain output.

Authorities said the meeting would focus on ensuring mines have emergency protocols, equipment and personnel in place to protect workers, operations and communities as a so-called atmospheric river moves into central Chile later this week. 

Authorities have warned that the prolonged nature of the event — rather than a single storm — could pose the greatest challenge for mining operations and transport links.

Chile has periodically suffered weather-related disruptions to copper production, with heavy rains capable of flooding open pits, damaging roads and interrupting concentrate shipments. The extent of any impact this week will depend on how far north the storm reaches and whether rainfall extends into the country’s main mining districts.

(By James Attwood)

 

Canada bets on digital hub to speed mine permitting


The OSDP provided centralized data to support the review of Red Chris mine expansion. (Mine photo by Newmont)

Canada is using a centralized digital platform to help accelerate reviews of major mining and infrastructure projects by giving regulators, companies, Indigenous communities and the public access to the same authoritative science and regulatory information.

The Open Science and Data Platform (OSDP), developed by Natural Resources Canada, brings together geospatial science, environmental monitoring, mapping tools and regulatory records from federal, provincial and territorial governments into a single online portal.

The platform supports the federal Major Projects Office, launched in 2025 to speed nation-building projects while maintaining environmental standards and reconciliation commitments.

“By providing centralized access to authoritative scientific data, environmental monitoring information and regulatory records, this really makes the impact assessment process more efficient for proponents and regulators, while increasing transparency for all Canadians,” Sonja Kosuta, Senior Director of Impact Assessment and Science Capacity at Natural Resources Canada, told MINING.COM.

“It’s a great example of the digital innovation that’s part of Canada’s broader regulatory modernization.”

One example is Newmont’s (NYSE: NEM) (TSX: NGT) proposed Red Chris mine expansion in British Columbia‘s Golden Triangle, where the OSDP provides a curated collection of information ranging from Treaty boundaries and species at risk to existing infrastructure, transmission lines, watersheds and nearby projects.

Users can layer multiple datasets on an interactive map, download information for further analysis or connect directly to the original data sources, which update automatically through application programming interfaces rather than static uploads.

Fewer duplicate studies

For mining companies, particularly junior explorers with limited budgets, the platform can reduce both time and cost during the early planning stages. Instead of commissioning studies to locate existing environmental information or government datasets, proponents can access much of that material through a single portal before preparing project descriptions.

“Having access to all this data that’s produced through the government system avoids duplication because companies don’t have to reproduce studies or data that’s already publicly available,” Kosuta said. “That helps avoid unnecessary costs and helps fast-track the assessment process.”

Colter Kelly, Senior Impact Assessment Officer at Natural Resources Canada, said the platform allows users to build a detailed picture of a project area within minutes by combining information from multiple government sources.

“It creates an ecosystem where the datasets used throughout the assessment process are all in one place,” Kelly said. “Whether you’re looking at roads, land cover, First Nation locations or existing monitoring stations, you can layer everything together or download the raw data for further analysis.”

Unlike conventional databases that rely on static copies, the OSDP remains connected to its original data providers through automated interfaces. As provincial and federal agencies update their information, those changes are reflected on the platform without manual intervention, reducing delays and improving confidence in the data, according to NRCan officials.

Ongoing expansion

The platform continues to expand by roughly 10% annually as new datasets become available. Future plans include incorporating additional authoritative non-government sources, introducing artificial intelligence to improve search capabilities and metadata tagging, and converting historical assessment records into machine-readable formats.

Officials said any future inclusion of Indigenous-owned information would respect Indigenous data sovereignty and the OCAP principles governing ownership, control, access and possession.

Natural Resources Canada estimates the platform now serves about 200,000 unique users, with roughly 70% returning more than once. Officials said growing public use suggests the platform is becoming an increasingly valuable resource for governments, mining companies, researchers and communities seeking trusted information about Canada’s major projects.

Kristi Noem courted by critical minerals firms after DHS ousting

Former Head of Homeland Security Kristi Noem. Credit: Gage Skidmore | Flickr, under Creative Commons licence CC BY-SA 2.0.

Kristi Noem’s tenure leading the Department of Homeland Security is over, but her services as an adviser to critical minerals companies are in demand as miners seek to capitalize on the Trump administration’s efforts to build out domestic supply chains in rare earths and metals.

The former Homeland Security secretary, who was fired in March, received interest from multiple critical minerals companies seeking her services, she said in an interview without specifying any names. In June, Noem joined Vancouver-based NovaRed Mining Inc.’s advisory board as the C$26.9 million ($19.1 million) company races to expand its critical minerals footprint in North America. \\\

“Looking at what my experience has been, where I’ve served and what my background is, I’ve had a variety of different types of businesses reach out to consider some kind of an advisory role,” she said of the inquiries. NovaRed knows “that the relationships that I have could benefit them as to who we could connect with to help their company be better and to grow.”

NovaRed is exploring potential opportunities to acquire a mine in the US, while also working toward eventually supplying copper to the country as President Donald Trump seeks to stockpile the metal, said Noem. Earlier this year, the White House launched Project Vault, a $12 billion critical minerals initiative aimed at insulating manufacturers from supply shocks as the US works to slash its reliance on Chinese rare earths and other metals.

“Knowing that you have a market for your resources is critically important, and they know the United States is interested in that,” said Noem, who is now a special envoy for the Shield of the Americas, a Western Hemisphere security initiative. 

NovaRed has yet to discover a proven copper deposit in Canada and remains in the early exploration phase. The company is preparing for an initial drill program this fall at its Wilmac copper-gold project in British Columbia. 

The company touts its use of artificial intelligence and said in May it filed an application in the US to patent its technology. Shares of the thinly traded NovaRed sank 46% in June and are down more than 30% this month. 

Noem is not the only Trump associate to advise NovaRed, the company also brought Katie Zacharia onto its advisory board in June. Retired US Navy Commander Phil Ehr quit last week to protest Noem’s appointment, according to the Globe and Mail.

The company recruited a string of advisers with ties to the US military and federal government in recent months, including retired US Army Colonel Mark Calabrese and former US Export-Import Bank adviser Ed Kostenski. 

(By Emily Forgash and Sybilla Gross)

 AUSTRALIA

BHP workers to proceed with strike after talks fail


Port Hedland, Australia. Stock image.

Hundreds of workers at BHP’s Port Hedland iron ore operations are set to down tools on Thursday after workers and their elected representatives did not reach agreement with the company, a spokesperson for the Combined BHP Ports Union said.

Port Hedland is a major artery through which BHP routes around $80 million of iron ore a day, and the action represents the largest at BHP’s operations in at least three decades, as unions look to secure a toehold in Australia’s iron ore regions.

“Today workers at BHP and their elected representatives conducted a five-hour bargaining session … No agreement was reached,” the union spokesperson said.

“It is the intention of workers and their representatives to proceed with protected industrial action notified for Thursday 16 July.”

The unions have called for the action, an eight-hour work stoppage set for July 16, after six months of negotiations that have failed to reach an agreement on terms for a four-year labour deal. The action is set to run from 2 p.m. to 10 p.m. (06:00 to 14:00 GMT).

Given positive progress on Tuesday, BHP said in a statement to Reuters that “it is disappointing the unions have decided to proceed with their planned industrial action on Thursday.”

“As with all potential disruptions to our business, we have plans in place to ensure operations can safely continue,” it added.

The parties will resume negotiations on Tuesday, July 21, the statement from the union added.

BHP will report its quarterly results on Thursday.

(By Melanie Burton and Shivangi Lahiri; Editing by Janane Venkatraman, Nivedita Bhattacharjee and Louise Heavens)

 

CHART: Mining vs AI – Nvidia sneezes, sheds five BHPs

A pit battle. Image: Definitely AI generated

A year ago this week Nvidia became the first company to touch $4 trillion, and MINING.COM ran the numbers against the combined worth of the world’s 50 most valuable mining companies. It was not even close.

The chip designer was worth 2.7 times the MINING.COM TOP 50 (and since valuations quickly shrink outside that, probably twice the entire global mining industry).

This year Nvidia has been having the kind of quarter miners unfortunately know all too well. 

After peaking at roughly $5.5 trillion in the middle of May, the stock shed about $1 trillion over the next eight weeks. At the bottom of the slide, Nvidia was briefly trading at 18 times forward earnings – below the S&P 500 average, which made the poster child of the AI age, at least technically, a value stock.

The chipmaker’s P/E is now back near 20 times forward earnings, but mining’s majors change hands for barely 13 – cheaper on next year’s profits than Nvidia managed to look even at its bargain-bin bottom and despite all the criticality clamour surrounding mining. 

The TOP 50 had a quarter of its own. A record $2.4 trillion at the end of March, before gold’s slip back below $4,000 an ounce took $228 billion off the ranking, or for the Mag 7 slash Lag 7, a bad Friday afternoon. 

The scoreboard now reads $5.11 trillion versus $2.19 trillion. Nvidia is worth 2.3 times the top 50 miners, down from 2.7 times last July, and for a few sessions this month the multiple flirted with two – territory last visited when cheap and cheerful DeepSeek gave the AI trade its first proper scare

Over the past twelve months mining even outgrew the machine – up 47% against Nvidia’s 27% – a first in the short history of this exercise. 

But to return to theme of mainstream investors not valuing the production of copper the same way as the production of hallucinations about the production of copper, here’s a sobering thought:

What Nvidia shed between mid-May and early July – nearly five BHPs, and BHP has never been worth more – was about what the whole Top 50 was worth for most of this decade.

Renaming everything critical minerals was a good start (and kudos to met coal and lead for making the list), but it’s time to launch a worldwide public/investor awareness campaign. What about this old nugget for a tagline: If it can’t be grown, it has to be mined. 

That includes, for the record, the silicon, copper, gold, silver, tungsten, tantalum, titanium, cobalt, aluminium, tin, nickel, hafnium, ruthenium, molybdenum, indium, palladium, gallium, germanium, arsenic, antimony, bismuth, boron, phosphorus, cerium, lanthanum, yttrium, gadolinium, europium and praseodymium that Nvidia’s chips are made from.

 

Diana Gives Genco Shareholders Two More Weeks on the Tender Offer

bulker at sea
Diana added two more weeks to the tender as it continues to seek control of Genco (Diana file photo)

Published Jul 13, 2026 6:28 PM by The Maritime Executive



Diana Shipping is continuing its battle to acquire Genco despite having been rebuffed by Genco’s board and losing in its attempt to put new directors on the board of directors. The company reports that nearly 30 percent of Genco’s shares have been tendered, and it has now extended the tender deadline from July 10 to July 24.

“We are pleased that additional shareholders have tendered their shares, but this transaction cannot move forward through a tender offer alone,” commented Semiramis Paliou, Diana’s Chief Executive Officer of Diana Shipping. “To unlock the compelling value of this combination, both of our leadership teams and advisors must come together to negotiate in good faith, with a shared commitment to delivering full value for Genco shares at a high point in the shipping cycle.”

The two companies agree that dry bulk shipping is on the upswing, but disagree on how to realize value for the shareholders. The merger would create a leader in the dry bulk space with a fleet that could top 80 vessels. 

Diana asserts it is offering a 53 percent premium to Genco’s share price before it went public with the merger proposals last November. It also asserts it is offering a six percent premium to net asset value (NAV) while noting that values are near or at 15-year highs for the segment.

Diana says it is offering $24.80 in cash per share plus one share of its stock. It reported that 29.7 percent of the shares had been tendered as of the close of business on Friday, July 10. In addition, it continues to own more than 14 percent of Genco’s shares, making it the largest shareholder.

Genco’s board, however, reiterated its assertion that Diana is misleading, as the tender offer has not been revised to add the one share for each shareholder. It says the tender currently is only the $24.80 per share in cash. 

The board calls Diana’s offer ”inadequate” and says it has already unanimously rejected the offer. It has said it is reviewing the higher offer but is waiting for Diana to revise the tender offer.

It repeated its position that the offer “continued to meaningfully undervalue the company and its assets.” The board contends it is below the net asset value and still says it does not include any control premium. Genco’s board points to the strength of the market and, assuming the forward freight rate curve for the balance of the year, notes shareholders would receive a dividend of possibly $2.50 per share this year.

The two companies remain entrenched in their positions, showing no movement or opportunities to discuss a potential agreement. Shareholders are left to decide where they think the best true potential is for their investment.

 

South Korea Launches Arctic Expedition With Focus on Safety of Navigation

Korean icebreaker Araon (Gary Houston / public domain)
Korean icebreaker Araon (Gary Houston / public domain)

Published Jul 12, 2026 9:33 PM by The Maritime Executive



In the last two years, South Korea has made a big bet on Arctic shipping, rolling out massive investments in its port sector for future Arctic logistics. The recent move in this planning phase is launch of a research campaign, which will see South Korean scientists collect additional data to support safe navigation in the Arctic. This will be the focus of South Korea’s 17th Arctic Ocean expedition, flagged off on Saturday at Gwangyang Port in South Jeolla.

The 83-day Arctic expedition - led by the Korea Polar Research Institute (KOPRI) - will be carried out on board the country’s only research icebreaker, R/V Araon. The vessel is expected to sail through the Bering Sea, the East Siberian Sea, the Chukchi Sea and the central Arctic Ocean.

The expedition represents the first field visit of the SAFE-SEA project, a joint Arctic study by the Ministry of Oceans and Fisheries and KOPRI. Launched early this year, Project SAFE-SEA seeks to develop high-resolution datasets to refine prediction tools that track Arctic ice changes. The datasets will help produce monthly and annual navigation scenarios for the Northern Sea Route (NSR), with the aim of supporting safer and more reliable vessel operations in the region. The project researchers added that the high-resolution data will help develop a more detailed assessment of climate risks in polar regions.

Korea is hoping to establish a regular shipping route connecting the country with Europe via the Arctic by 2030. Later this year, the government has planned a pilot containership voyage through the Russian-administered Northern Sea Route. The trial voyage will start from Busan to Rotterdam in Netherlands, reportedly involving a vessel operated by PanStar Line.

KOPRI hopes that the field data collected during this expedition will facilitate planning of these scheduled Arctic voyages.

“We expect the field data acquired by Araon to become a solid foundation for enhancing South Korea’s Arctic science capabilities and the practical value of their use,” said Shin Hyung-chul, President of KOPRI. “This is a meaningful expedition that prepares for the era of Arctic shipping.”

 

Going Green: Energy Ports Diversify Their Cargo

San Diego
Image courtesy Port of San Diego

Published Jul 12, 2026 2:09 PM by Tom Peters

(Article originally published in Mar/Apr 2026 edition.)



It wasn't so long ago that "energy" ports were mainly lined with huge fuel storage tanks and a myriad of pipes intertwined with each other and eventually leading to a dock to load or unload large tankers and barges.

The adjective "green" wasn't much of a factor when it came to energy, but these days there are many "green energy" projects for ports and related marine services, and they're cashing in.

Moreover, there's disruption in the movement of traditional energy products like oil and gas as evidenced by the conflict in the Middle East, so the development and use of other types of power become critical.

WEST COAST LEADER

The Port of San Diego, the nation's specialty cargo gateway to the Pacific, is diving into the green energy effort.

With the space, flexibility and expertise to move cargo that doesn't fit in standardized containers, San Diego's non-fossil fuel energy products have included transformers, solar panels, wind towers/blades/hubs/nacelles, batteries and battery shells and electrolyzers.

"Through our cargo operations we've supported various electrification projects throughout the U.S. Southwest such as solar and wind power," says Michael LaFleur, the port's Chief Operations Officer. "Notably, we're currently working with LG Energy Solution, one of the largest battery manufacturers in the world, on handling lithium batteries for its battery manufacturing complex in Queen Creek, Arizona."

In addition, the port has taken a small section of its Tenth Avenue Marine Terminal and reserved it for the Jankovich Company's petroleum operations.

San Diego's new, all-electric cranes give the port the heaviest lift capability of any port crane system currently in place on the U.S. West Coast. "This enables us to handle cargo previously only handled by Gulf ports that supports solar and wind power projects," notes LaFleur.

The port has secured grant funding for infrastructure design improvements at the Tenth Avenue Marine Terminal that will support the energy sector's logistical needs, including upgrading the existing electrical system to support the use of zero-emissions cargo-handling equipment.

At its National City Marine Terminal, the port and the Pasha Group successfully commissioned a roll-on/roll-off vessel – the MV Jean Anne – for shore power, marking a first-of-its kind achievement in the U.S. and the first-ever shore power connection for a domestic pure car/truck carrier.

San Diego is also working with Skycharger on a proposed zero-emissions truck charging hub. It will serve the port's two marine cargo terminals, the arterial corridor Harbor Drive and the region's freeway network.

LaFleur said the port will continue to work with its partners on streamlining the movement of products and cargo that support future energy projects: "We look forward to further expanding the capacity and infrastructure of our terminals to support this cargo while also advancing the port's own green energy and sustainability goals."

EAST COAST LEADER

In Florida, energy fuels the economy and nearly half the state's gasoline, diesel and jet fuel flows through Port Tampa Bay, whose central location along the I-4 Corridor enables fuel and other products to reach the state's growing population efficiently.

Each year the port handles roughly 15 million tons of petroleum products including gasoline, diesel, jet fuel, asphalt and other specialty items.

As Florida's population grows, now over 23 million, Port Tampa Bay's role as an energy gateway becomes increasingly critical. With more than 5,000 acres of industrially zoned land with deep water access, the port has ample room to expand its energy operations, logistics network and cargo-handling facilities.

The port's most important capital project is a multi-phase channel deepening initiative, which will increase the channel depth to 47 feet, improve access for larger vessels and support future cargo growth.

Hooker's Point, home to the REK Petroleum Terminal Complex, is the hub for liquid bulk operations. Upgrades at the complex have expanded storage, streamlined operations and strengthened the port's ability to meet growing energy demands. Tampa Electric Co. (TECO) has invested approximately $5 million to upgrade a substation serving Hooker's Point, further reinforcing the infrastructure for fuel terminals and distribution.

Population growth, expanding transportation networks and increased economic activity will continue to drive demand for gasoline, diesel and jet fuel. Meeting that demand requires ongoing investment in terminals, storage and distribution systems.

"We're seeing tremendous growth across Florida and it's exciting to be at the center of that momentum," states Paul Anderson, Port Tampa Bay's President & CEO. "As the largest economic driver in West Central Florida, every investment we're making – from channel-deepening to critical infrastructure and resiliency improvements – is about ensuring we continue to deliver for the communities and businesses that depend on us every day."

GULF COAST POWERHOUSE

While the Port of Morgan City is not a high-tonnage port, activities include fabrication, manufacturing, shipyards, and recycling and energy support activities. Long a center of the offshore industry, the port hosts the fabrication of offshore mooring piles, production of ROVs that support offshore energy activities, offshore platform and rig decommissioning, and the construction of components for LNG facilities.

Shipyards in Morgan City have been building LNG barges for some time, and LNG support has grown to a new level. Performance Contractors expanded its production capabilities by adding a modular fabrication facility in Morgan City in late 2022. It's delivered 14 process modules to the Venture Global LNG facility in Plaquemines, Louisiana and is currently working on 14 more process modules and five HRSG (heat recovery steam generator) modules.

"It's through our partnership with the Corps of Engineers that the Atchafalaya River and Bayous Boeuf, Black and Chene federally authorized channel is being consistently maintained," says the port's Executive Director, Raymond "Mac" Wade, "allowing energy projects to be transported to the Gulf of America for delivery to industry clients."

Historically, Morgan City has a significant connection with the early energy industry as the birthplace of offshore oil and gas exploration. The first producing offshore oil well – out of sight of land – was completed on November 14, 1947, 43 miles south of Morgan City.

"The energy market has changed significantly over nearly 80 years," says Wade, "and situations throughout the world can impact businesses at the port. However, it's evident that, given Morgan City's strategic location at the intersection of the Atchafalaya River and the Gulf Intracoastal Waterway and the innovative industrial base in the area, Morgan City is poised to support energy-related activities for years to come."

Construction will begin soon on the West Dock expansion project at the port's marine terminal facility on the Gulf Intracoastal Waterway. The multimodal facility will provide 1,900 feet of waterfront, 500,000 square feet of laydown and a storage area with a 20-foot berth depth to support future energy activities.

GOING GREEN

But it's not just ports that are pushing the green effort. Other maritime sectors are also getting in on the action.

Donjon Marine, for example, based in Hillside New Jersey, is a marine services organization that specializes in marine casualty response, dredging and marine support services.

"As marine salvors," says John Witte. Jr., Donjon's President & CEO, "we consider ourselves an important part of the green energy effort as the salvage community provides front-line defense of our environment by responding to casualties that often involve protection of our waterways from numerous pollutants that, if allowed to escape, would cause significant environmental issues."

He adds that "Donjon has provided dredging and construction support for a number of the offshore wind farm facilities that are being prepared," but the effort has slowed due to recent politically driven and practical concerns.

"When and if it begins to ramp up," he notes, "Donjon has plans to try to engage in this work through the addition of assets that will be specifically designed to fill the needs of the continuing green energy efforts. We say this based upon the fact that we own a shipbuilding facility and have preexisting relationships with the groups that are looking to be prime contractors in the construction of green energy facilities."

He concludes by saying, "We will continue to upgrade our marine and land-based assets to be as pro-environment as possible as we understand and agree that we only have one world, so it's in our best interests to make sure we keep it safe for human existence."

Ports columnist Tom Peters writes from Halifax, Nova Scotia.

The opinions expressed herein are the author's and not necessarily those of The Maritime Executive.