Product and Technical Innovation
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Four Major Ports Sign MoU to Buy Government Stake in DCI (India - Mumbai)

India

Four major port trusts have signed an MoU among themselves to acquire the government’s 73.44 per cent stake in Dredging Corporation of India (DCI).Under the MoU, Visakhapatnam Port Trust will buy a...

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USACE Plans Jetty Projects Along Oregon Coast

OR, United States

The U.S. Army Corps of Engineers recently held an Oregon Coast Jetties Industry Day, gearing up for a series of jetty and breakwater projects expected to keep construction crews working through 2022....

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Boskalis Buys BoDo's Cable Lay Business

Netherlands

Royal Boskalis Westminster N.V. (Boskalis) has reached an agreement with SPIE for the acquisition of the offshore cable installation activities and assets of Bohlen Doyen GmbH (BoDo). BoDo's offshore...

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U.S. Army Corps of Engineers Releases Work Plan for Fiscal 2019 Civil Works Appropriations

United States

The U.S. Army Corps of Engineers (USACE) delivered to Congress its Fiscal Year 2019 (FY 2019) Work Plan for the Army Civil Works program yesterday. On September 21, 2018, President Trump signed into...

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Van Oord Heavy Lift Installation Vessel Svanen Takes on Another Baltic Project

Netherlands

Rotterdam 20 December 2018 – Van Oord has signed a contract with the Swedish energy company Vattenfall for the transport and installation of the foundations for Kriegers Flak wind farm. Van Oord will...

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Waterking Completed The Delivery Of A Dredging Set For The Ministry Of Agriculture In South America

Netherlands

This week Waterking completed the delivery of a dredging set for the ministry of agriculture in South America  The equipment is purchased for dredging drainage channels  Waterking arranged...

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Valeport - December 2018 Newsletter

United Kingdom

Valeport are finishing the year on a real high with our best ever year for Sales. Despite the uncertainties in the UK with Brexit negotiations continuing, the forecast for 2019 is very positive as we...

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E&E Cutting Jobs as CEO Leaves After Management Shakeup

NY, United States

Gerard A. Gallagher III, who has been Ecology & Environment's chief executive officer since 2015, left his job at the Lancaster environmental services firm on Monday after seeing his role...

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Damen signs with Gerd Stensen for Stan Tug 1606

Netherlands

Gerd Stensen, like Damen, is a family company. Their dredging work includes but is not limited to the extraction of coral sand for the French agricultural industry. They have previously operated a...

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Stantec Selected for $35 Million Critical Infrastructure Design at Portsmouth Naval Shipyard in Maine

ME, United States

Global design firm Stantec has been awarded more than $35 million in assignments for planning and preliminary design of a multi-mission dry dock and other upgrades at Portsmouth Naval Shipyard (PNSY)...

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Laurel Wealth Advisors Inc. Invests $356,000 in Great Lakes Dredge & Dock Co. (GLDD)

IL, United States

Laurel Wealth Advisors Inc. purchased a new position in Great Lakes Dredge & Dock Co. (NASDAQ:GLDD) in the third quarter, according to the company in its most recent 13F filing with the Securities...

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Cheniere Energy, Malaysia's Petronas sign 20-year LNG Deal

TX, United States

Cheniere Energy (LNG, CQP) announced today that Malaysia's Petronas agreed to buy liquefied natural gas for 20 years from its Sabine Pass export terminal in Louisiana.Cheniere says Petronas will...

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Caterpillar Appoints Tom Frake Vice President of the Excavation Division

United States

Caterpillar Inc. (CAT) announced today that Zach Kauk, vice president of the Excavation Division, is leaving the company to pursue other opportunities.Replacing Kauk will be Tom Frake, current vice...

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Sea Machines Raises $10 Million in Series A Funding

MA, United States

Boston-based Sea Machines Robotics announced today that it has closed a $10 million Series A investment led by Accomplice and Eniac Ventures, with participation from Toyota AI Ventures; Brunswick...

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Danish Firm Rambol Acquires US based OBG, Known for Major Lake Restoration Projects in North America

Denmark

COPENHAGEN, Denmark, Dec. 17, 2018 (GLOBE NEWSWIRE) -- The acquisition of OBG is an exciting step forward in Ramboll’s strategic ambition to grow in the US and strengthen its portfolio within water,...