Product and Technical Innovation
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Metalmark Invests in T. Parker Host

United States

T. Parker Host is pleased to announce a strategic investment from Metalmark Capital. Metalmark is a leading private equity firm with a long track record of successfully investing in family and...

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ASL, Parent of Vosta Dredging - Completion Of Third Informal Meeting With Noteholders

Singapore

1. THIRD INFORMAL MEETING WITH NOTEHOLDERSThe Board of Directors of ASL Marine Holdings Ltd. and together with its subsidiaries, refers to the Company’s announcements dated 7 September 2018, 19...

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Konecranes Hybrid RTGs to Port Houston, USA

TX, United States

Port Houston, the international port of Texas, has been a Konecranes customer for over 15 years. The port currently operates 90 Konecranes diesel-electric RTGs. The new RTGs will be hybrid, for...

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Corps Puts Limits On Dredged Sand Disposal

NC, United States

Getting permission to dump sand in federally maintained dredged material disposal areas may not be entirely impossible, but a nationwide policy heavily restricts access for North Carolina coastal...

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High Court Rules Marine Survey Office was not Justified in Detaining Ship

Ireland

The Marine Survey Office was not justified in issuing a detention order for a ship damaged while it was berthing in Greenore port, Co Louth, the High Court has ruled.The Circuit Court had previously...

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DCI Share Sale Agreed

India

The Indian Government has agreed to sell a 73.44% stake in the Dredging Corporation of India (DCI) to a consortium of four state-owned ports, including Visakhapatnam Port Trust, Paradip Port Trust,...

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Coarse Sand Barrier Wins 2018 Water Innovation Award

Netherlands

The coarse sand barrier has won first prize in the Flood Risk Management category of the 2018 Water Innovation Awards. On 29 November, Leo Voogt and Ulrich Förster picked up the award on behalf of the...

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Private Dredging Firms will Lose Out When Port Trusts Become New Owners of Dredging Corp

India

As much as 76 per cent of the ?700 crore maintenance dredging market at India’s state-run major Port Trusts will be out of bounds for private dredging contractors after a consortium of four port...

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Maersk Sets Net Zero Co2 Emission Target By 2050

United States

A.P. Moller - Maersk aims at having carbon neutral vessels commercially viable by 2030 and calls for strong industry involvement.Aimed at accelerating the transition to carbon neutral shipping, Maersk...

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Caterpillar Not the Way to Play U.S.-China Trade Truce

IL, United States

It's easy come easy go for Caterpillar (CAT -4.7%) shares, which have surrendered all of yesterday's gains that followed the U.S.-China trade truce and an upgrade from BofA Merrill Lynch.But Ari Wald,...

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Sentinel Capital Buys Apex

MD, United States

Sentinel Capital Partners, a private equity firm that invests in promising companies in the lower midmarket, today announced the acquisition of Apex Companies, LLC, a water resources, environmental...

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Army Corps of Engineers Releases Plan to Stop Asian Carp Invasion of Great Lakes

IL, United States

The U.S. Army Corps of Engineers last week released The Great Lakes Mississippi River Interbasin Study – Brandon Road Final Integrated Feasibility Study and Environmental Impact Statement...

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Coastal Contracts 1Q Profit Jumps on Forex Gain

Malaysia

Shipbuilder and repair company Coastal Contracts Bhd's net profit jumped five times to RM17.1 million in its first quarter ended Sept 30, 2018, from RM3.27 million a year ago, largely due to the...

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Burnie Port Berth 4 Dredging

Australia

AW Maritime has been engaged by TasPorts to provide specialist consultancy services to assist with planning and delivering its dredging works program. As part of this engagement we have recently...

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Roadbridge UK Wins Deal to Build Port of Cromarty Firth's New £30M Hub

United Kingdom

The hub – announced on Monday – is set to create 16 new full-time jobs through the construction and operation phases, most of which will be in the Highlands and Islands.Building work will start in...