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US DOT Chief: Weighing All Options to Fund Infrastructure

File Image (CREDIT: AdobeStock / Currahee Shutter)

Posted by Joseph Keefe

The Trump administration is weighing a range of options to fund public infrastructure projects, including private-sector investments and a higher tax on gasoline, U.S. Transportation Secretary Elaine Chao said on Tuesday.

Trump will donate his quarterly salary to the Transportation Department to help fund infrastructure projects, White House spokeswoman Sarah Sanders said at a daily White House news briefing.


(Reporting by Steve Holland, Lisa Lambert and Mohammad Zargham; Writing by Susan Heavey; Editing by Leslie Adler)

Feb 13, 2018

 

Dredging

Shipbuilding: Keppel Bags Order for Van Oord Dredgers

Keppel Singmarine Pte won contracts from Van Oord to build two Trailing Suction Hopper Dredgers (with an option for a third), the shipbuilder announced

Europe’s First LNG Dredger Conversion Underway

(Photo: Damen)

Work has kicked off at Damen Shiprepair Dunkerque to convert the trailing suction hopper dredger

Cuba's Mariel Port Preparing for Mega Ships

© donvictori0 / Adobe Stock

Cuba's new Mariel deepwater container terminal hopes to further its plan to become a regional

Finance

World's First Marine Insurance Blockchain Platform Launched

Lars Henneberg. Photo: EY

EY, Guardtime, A.P. Møller-Maersk, Microsoft and insurance industry leaders Willis Towers Watson

Fourth CMA CGM Vessel Handed Over to Seaspan

Image:  Seaspan Corporation

Seaspan Corporation  announced  that it has accepted delivery of the CMA CGM Chennai

CMA CGM Posts 17.1% Hike in Sales in Q1

Photo: CMA CGM

CMA CGM said that its first quarter sales rose $5.41 billion, up 17.1 percent from the

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