Product and Technical Innovation
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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...

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T. Parker Host Receives Strategic Investment

NY, 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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Army Corps of Engineers to Invest $22.5 million in Mississippi Projects

WA, United States

Sen. Cindy Hyde-Smith announced the U.S. Army Corps of Engineers will invest an additional $22.5 million on 15 projects in Mississippi, including $3.0 million for a Vicksburg wastewater project and...

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WorkBoat Names its 2018 Boat of the Year

ME, United States

WorkBoat recognized the 10 Significant Boats of 2018 and named its Boat of the Year at an awards ceremony at the International WorkBoat Show Thursday morning. The 2018 Boat of the year was the...

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Army Corps says Dredging isn't Solution for Socastee Flooding

SC, United States

Bob Wallace knew what he was getting into when he bought his waterfront house in the Rosewood community.At times, his yard had turned into an extension of the Intracoastal Waterway. But lately, he’s...

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Portuguese Start-up Abyssal has Claimed the First Prize of the Van Oord Innovation Challenge as part of the Quest for New Partnerships

Portugal

Out of more than one hundred submissions, the Dutch offshore contractor nominated 8 participants to the final round.Abyssal specialises in the visualisation and remote control of subsea operations...

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EFCC Releases Report on Controversial N13.7 Billion NPA Dredging Contract

Nigeria

Contrary to the content of a petition it received, the Nigerian Ports Authority did no wrong in the award of a N13.67 billion contract, the anti-graft agency, EFCC, says.The contract was for the...