Port of Bellingham Awarded Shipping Terminal Electrification Grant

Port of Bellingham Awarded Shipping Terminal Electrification Grant

The Port of Bellingham has secured a $2.8 million state grant to electrify operations at the Bellingham Shipping Terminal, the port announced Sept. 3. Bellingham was among 11 Washington seaports to obtain funding from the state’s $26.5 port electrification grant program. The project, which the port plans to complete by 2026, would allow vessels docked at the terminal to plug in with shore power. It also builds on a number of modernization projects already in progress, which include fortifying the main dock and deepening the navigation depth to attract a larger range of cargo vessels. The port previously netted a…
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Centerline Logistics Acquires JMB Shipping

Centerline Logistics Acquires JMB Shipping

Seattle-based maritime transportation services provider Centerline Logistics has acquired maritime asset holding firm JMB Shipping from investment firm JMB Capital Partners Lending, giving Centerline ownership and control of sought-after Jones Act maritime assets such as liquid tank barges and tugs, Centerline Logistics announced Feb. 26. “JMB Shipping's assets are among the most unique and desirable in the coastal Jones Act market,” Centerline Logistics CEO Matt Godden said. “Given the growing emphasis on domestic energy security, these assets have been, and will remain, crucial additions to Centerline's fleet.” Before the acquisition, which closed Feb. 23, Centerline leased and managed the JMB…
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