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The Mittals-promoted Mercator Ltd has bagged a new contract worth Rs 15 crore for maintenance dredging at the Karaikal port. Mercator said in a statement today that “the company has received a contract for maintenance dredging at Karaikal port. The value of the contract is approximately Rs 15 crore and the work will be completed… Read More
Dredging Corporation of India announced the appointment of Dr. Pradeep Kumar, IAS JS & Financial advisor (JS & FA), Ministry of Shipping as Part-time Official Director on the Board of the Company vice Sanjeev Ranjan, IAS, Additional Secretary and Financial Advisor (AS & FA) from the date of issue of the letter or until further… Read More
Selangor Dredging Bhd (SDB), via its indirect 50% associated company Champsworth Development Pte Ltd, has acquired a parcel of prime land in Draycott Park, Singapore for S$72 million (RM223.2 million). It plans to build exclusive mid-rise apartments on the site, which is located off Stevens Road, minutes away from the shopping belts of Scotts Road… Read More
Glen R. DeWillie has been appointed senior manager of developing markets with Kleinschmidt Associates. He brings more than 30 years of experience in water resources and environmental sciences, according to a press release. DeWillie served with the U.S. Army Corps of Engineers for 20 years, where he commanded and was district engineer of the Buffalo… Read More
Ellicott Dredges is pleased to announce that they were recently awarded three significant contracts with the U.S. government. The first contract is for a customized Ellicott 860SL Swinging Dragon® dredge and support boat for the U.S. Bureau of Reclamation (USBR). This dredge will be used to increase depth and restore water flow in the Colorado River,… Read More
Valeport has reported a surge in sales of tide gauge equipment in its most recent quarter. The UK’s leading manufacturer of oceanographic, hydrographic and hydrometric instrumentation said that sales of tide gauge equipment rose 22% over the same period in 2016. Valeport’s performance and reliability in tide gauges is well renowned and the firm confirm… Read More
Parsons is pleased to announce that the Port of Los Angeles has awarded the corporation an environmental assessment master services agreement to commence spring 2017. The work will include environmental site assessments and monitoring, remedial feasibility studies and action plans, remediation systems operations and maintenance, regulatory agency coordination, and design services. “We welcome this opportunity… Read More
Selangor Dredging’s net profit jumped by more than eight times to RM50.62 million for the fourth quarter ended March 31, 2017 (4QFY17), from RM6.26 million a year earlier, thanks to a revaluation surplus of the group’s investment properties. Earnings per share rose to 11.88 sen from 1.47 sen, the property developer said in a filing… Read More
Royal Boskalis Westminster, a Netherland-based dredging and maritime infrastructure services provider, is set to start work within a month on the planned $513-million liquid terminal at Duqm port in the Al Wusta region of Oman, said report. The construction work will take 32 to 33 months for completion,” reported Times of Oman, citing a top… Read More
Dredging Corporation Of India Ltd – March quarter net profit 37.4 million rupees versus 171.3 million rupees year ago – March quarter total income 1.37 billion rupees versus 1.84 billion rupees year ago Source: REUTERS
Christopher J. Wiernicki, Chairman, President and CEO of ABS, addressed the college graduates, their families, faculty members and honored guests at the Stevens Institute of Technology’s 145th commencement ceremony on 24 May at the Meadowlands Expo Center. “I am honored to congratulate you on your accomplishments as you embark on a new chapter in your… Read More
Keppel Offshore & Marine’s (Keppel O&M) wholly-owned subsidiary Keppel Singmarine Pte Ltd (Keppel Singmarine) has secured contracts from Codralux S.A., a wholly-owned subsidiary of Jan De Nul Group, to build two Trailing Suction Hopper Dredgers (TSHDs). The dredgers are valued at approximately S$120 million, including owner-furnished equipment. Keppel Singmarine is currently building three dredgers for… Read More
Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) announced today the results of its previously-announced cash tender offer to purchase any and all of the $275 million aggregate principal amount of 7.375% Senior Notes due 2019. The terms and conditions of the Tender Offer, which expired at 5:00 p.m., New York City time, on Friday, May… Read More
Caterpillar Marine was selected to power three 3500 m³ trailing suction hopper dredgers for the Jan De Nul Group with Cat 3500E IMO III and EPA Tier 4 certified engines. Cat said the 3500E incorporates selective catalyst reduction (SCR) after-treatment technology with closed-loop NOx sensing and application optimized performance for minimized owning and operating costs…. Read More
Global marine survey company, Partrac Ltd have been awarded a metocean contract by Kincardine Offshore Windfarm Limited (KOWL). Partracwillmonitor oceanographic processes at the Kincardine site located south-east of Aberdeen, approximately 8nm (15km) from the Scottish coastline. The Project will utilise innovative hybrid concrete support structure design combining the features of SPAR and SEMISUBMERSIBLE platforms. Once… Read More