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Mercator Limited (“Mercator or the “Company”) has provided an update regarding legal dispute against Dredging Corporation of India Limited (DCI). The Company has announced that the Dredging Corporation of India Limited had filed an appeal before the courts in London against the arbitration Awards of approx. INR 50 crores payable to Mercator by DCI. On… Read More
(A) THE PROPOSED RENOUNCEABLE NON-UNDERWRITTEN RIGHTS ISSUE OF UP TO 314,633,470 WARRANTS ON THE BASIS OF ONE (1) RIGHTS WARRANT FOR EVERY TWO (2) EXISTING ORDINARY SHARES; AND (B) THE PROPOSED ISSUE OF 300,625,000 NOTEHOLDER WARRANTS TO HOLDERS OF THE SERIES 006 NOTES AND SERIES 007 NOTES 1. INTRODUCTION The board of directors of ASL Marine Holdings… Read More
Thank you, Amy, and good morning. I’d like to begin today by thanking our global team for delivering an outstanding year in 2018. It was the best profit per share performance in our company’s history, which allowed us to return $5.8 billion of capital to shareholders. In 2018 we remained focused on making our customers… Read More
More than 6000 employees in more than 70 countries: Jan De Nul Group likes to spread the word. Many projects appeal to the imagination, because they are impressive or because they bring employees to very exotic places. Two projects stood out in 2018: at 15,500 kilometers from each other, in the far north and in… Read More
Subsea 7’s ‘Seven Pegasus’ features a twin-bell 18-person saturation diving system. Credit: Subsea 7Subsea 7 has finalised the acquisition of multi-purpose offshore construction and dive support vessel ‘Toisa Pegasus’ to support its operations in the North Sea and Asia Pacific. Designed and built in the Netherlands by Royal IHC in 2009, the 133m long vessel,… Read More
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Maritime Contractor Van Oord has entered into a contract with Marine CoordinationServices to support work at the Norther offshore wind project. Van Oord is main contractor at the Belgian site and overseeing its construction. Dutch outfit Marine Coordination Services has deployed a team of four to support the marine coordination centre. Van Oord will put… Read More
Boskalis Westminster (Oman) said work is underway to complete the construction of the oil dock project in the port of Duqm, with the the stage of drilling on land already completed and work underway in the drilling and deepening in the sea. The length of the oil dock – which cost about RO200 million ($518… Read More
Dredge Special Vessels Market Report includes a comprehensive analysis of the current Market. The report starts with the basic Dredge Special Vessels industry overview and then goes into each and every detail. Dredge Special Vessels Report contains in depth information of Major Manufacturers, opportunities, challenges, industry trends and their impact on the Market Forecast till… Read More
In deep diving into the profits for Arcadis NV (ENXTAM:ARCAD) we can see that the trailing 12 months net profit growth stands at 0.24480. The calculation for this number is as follows: 1yr Growth Net Profit = 1 year percentage growth in Net Profit After Tax. Net profit is also referred to as the bottom… Read More
At the end of December 2018, the U.S. Army Corps of Engineers announced its selection of 10 pilot projects for the beneficial use of dredged material. The projects are part of the Water Resources Development Act (WRDA) of 2016, Section 1122, which required the Corps to establish the pilot program. According to the legislation, project… Read More
A Hamburg order for two plug-in hybrid 32m fire-fighting boats has gone to Damen in Holland, writes Tom Todd. Damen Shipyards in Gorinchem won the contract for the boats – designated LB30 and together worth some €19.5 million – from the Hamburg Port Authority (HPA). They follow the 43.5m fire-fighting ship Branddirektor Westphal – LB40… Read More
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Project Details Location: IranYear: 2019 Project Description Working Context description The project is the development of a big port in south of Iran by Diaphragm Wall Construction method to construct permanent in-situ impermeable barriers with depth of 40m and length more than one kilometer. In diaphragm wall construction when grab cuts the soil and makes… Read More
Vishakhapatnam Port Trust, Paradeep Port Trust, Jawahar Lal Nehru Port Trust and Deendayal Port Trust have in principle agreed to acquire 100% of the Government of India’s shares in Dredging Corporation of India Limited for a 73.47% of total shareholding. “Four major ports sign MoU to buy government stake in DCI: To seek exemption from… Read More
AVALON – Avalon Borough Council approved the purchase of wetland mitigation credits Jan. 9 for slightly over $1 million. The expense will allow the borough to meet the state and federal permit requirements related to maintaining the once temporary road through the wetlands which the borough built to support the dredging project begun in 2014…. Read More
HOUSTON–(BUSINESS WIRE)–Houston businessman Ric Campo was appointed Chairman of the Port Commission of the Port of Houston Authority Thursday by the City of Houston and Harris County Commissioners Court. Campo, Chairman and CEO of Camden Property Trust, said he was honored and humbled to be appointed to the position. “The best is yet to come… Read More