VANCOUVER, USA For the third year in a row, the Port of Vancouver USA Board of Commissioners has chosen not to take the one percent tax increase ports are allowed annually under Washington state law. The boards Nov. 18 decision keeps the amount of public investment in the port at just under $10 million annually, continuing a trend that started in 2009. Due to increasing Clark County property values, the 2015 port tax levy equates to $90.25 in annual property tax on a $250,000 home, a reduction of $9.50 from 2014. At $98.6 million, the 2015 budget is the largest in the ports 102-year history. Revenues are expected to increase $19 million over 2014, with most additional dollars coming from the ports dedicated rail service, an new program moving goods between Vancouver and the Midcontinent. The rail service is expected to generate $18.5 million in revenue and is offset by $16.6 million in expenses. The projected $1.9 million net profit is part of the ports expected growth for 2015. The port also expects to see increases in marine cargo, including agricultural products, automobiles, ceramic sand, fertilizer and steel.
TACOMA Bamboo grasses sprouting from giant concrete boxes that stretch the length of two football fields are helping to remove pollutants from the stormwater runoff at the Port of Tacomas West Hylebos Log Yard. The plants are a piece of a biofiltration stormwater treatment system designed and built by the port. The system mimics natures filtering processes to remove zinc, copper and other pollutants to improve water quality before it runs into Commencement Bay. It is the first of its kind used to manage stormwater at a log export terminal. To date, the system has removed more than 92 percent of pollutants. Debarking activities at log yards leach high levels of pollutants and make stormwater management a particular challenge. When the log yard failed to meet Washington state's water quality standards in 2010, the port analyzed six treatment options. Biofiltration emerged as the most cost-effective solution. The $2.7 million system measures 600 feet long by 45 feet wide. Completed last December, it moves stormwater through four cells, each targeting a particular pollutant.
OLYMPIA The Port of Olympia reports the Port Plaza landscaping is being renovated to improve public safety, open view corridors, and ensure enjoyment for years to come. The renovation began in mid-October. Since the plazas construction and landscaping in 1998, much of the foliage has overgrown its space, creating potential safety risks and blocking view corridors. The designer of plazas original landscape, Robert W. Droll, created the current landscape renovation plan. Puget Sound Landscaping is the contractor implementing the plan. Work on the project is expected to last approximately 30 days, depending upon the weather.
TOKYO On November 12, Knutsen NYK Offshore Tankers AS (KNOT), of which NYK has a 50 percent share, held a naming ceremony for a new shuttle tanker that is being built at Cosco Zhoushan Shipyard. The ship was christened RAQUEL KNUTSEN. The ceremony was attended by KNOT president Trygve Seglem, NYK senior managing corporate officer Hitoshi Nagasawa, and NYK corporate officer Svein Steimler. The vessel will be delivered to Repsol Sinopec Brasil S.A. and will be chartered for a maximum 15-year period for transportation of crude oil located off Brazil. The ship is a 152,000 DWT Suezmax shuttle tanker equipped with a class 2 dynamic positioning system and a bow-loading system. After this delivery, the KNOT Group will have 29 shuttle tankers in operation and on order.Oman through Ministry of Finance and Oman Oil Company. Currently OSC operates 43 ships of different types and sizes with a total cargo carrying capacity of about eight million tons.
CMA CGM Group has
announced its Citrus Express seasonal service will start
again in November. Spread over two rotations, this
service enables exports of citrus fruits and apples from
the East Mediterranean to the Black Sea. It will call the