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Ukrainian Sea Ports Authority (USPA) decided to sign an agreement with China Harbor Engineering Company Ltd. about dredging works in the area of berths # 23, 24 and 25 in Yuzhnyi seaport. The agreement value is UAH 1.07 billion. It is expected to be signed in May, reports UkrAgroConsult. As a reminder, on April 20,… Read More
On the orders of South Korea’s Securities & Futures Commission, troubled Daewoo Shipbuilding & Marine Engineering (DSME) has altered its audited accounts from 2008 to the first quarter of 2016, as its figures for this period have been judged as inaccurate. DSME’s operating profit in 2012, stated as KRW486.2 billion (USD430 million), has been corrected… Read More
Black & Veatch-designed desalination effort delivers clean water for world’s largest copper mine Recognizing its size and technical complexity, the Escondida Water Supply (EWS) project in Chile was selected Industrial Desalination Plant of the Year at the 2017 Global Water Summit. The plant increases water supply by creating purified water from seawater and delivering it… Read More
Stantec Inc. is pleased to announce that it has completed the acquisition of Broomfield, Colorado-based MWH Global, Inc. a 6,800-person engineering, consulting and construction management firm focused on water and natural resources for built infrastructure and the environment. With award-winning project work and 187 offices distributed across 26 countries, the Acquisition expands Stantec’s position as… Read More
Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) announced today that it is proposing, subject to market and other conditions, to privately place up to $325 million aggregate principal amount of senior notes due 2022. The actual amount of the 2022 Notes, if any, sold by the Company in connection with the Debt Offering will depend… Read More
ABPmer, a UK-headquartered numerical modelling and dredge specialist, has been commissioned by the Port of Waterford in Ireland to develop hydrodynamic and sediment models of the Waterford Estuary. By replicating present conditions the model will be used to optimise the port’s current dredge commitment along with informing feasibility studies, environmental assessments, designs and construction plans… Read More
Transboundary water systems are shared by two or more nations. They are linked by a complex web of environmental, political, economic and security interdependencies. Transboundary water management is likely to be more complex than that at the national level since the water management regime, priorities and cultures usually differ more between than within countries. Despite… Read More
Holland-based King Company received a contract to dredge material from Grand Haven’s outer harbor. The Detroit District of the U.S. Army Corps of Engineers recently awarded the contract to the company, according to a news release. More than $208,000 will be used to dredge 35,000 cubic yards of material from the harbor and put it… Read More
Dutch dredging giant Royal Boskalis Westminster and its Belgium based counterpart Jan De Nul have signed a joint venture contract valued at some €250m with the Jawaharlal Nehru Port Trust in India. The Phase 2 contract calls for further deepening and widening the approach channel to the port, with the work to be shared equally… Read More
Selangor Dredging Brief: – Unit entered into a share sale agreement with Dato’ Sri Chee Yew Fei for acquiring 20% equity interest of Webcon Mining – The total purchase consideration for the acquisition is rm20 million – Acquisition shall not have any effect on share capital, substantial shareholdings, earnings of sdb group Source: Reuters
As from 9 May 2017, the subsidiaries Eraerts Dragages et Entreprises SA, Envisan International SA and Sol&Val SA will no longer exist within Jan De Nul Group. Eraerts Dragages et Entreprises SA based in Fleurus merges with Jan De Nul NV in Hofstade. Envisan International SA in Fleurus and Sol&Val SA in Saint-Ghislain, merge with… Read More
Belgium’s DEME Group shows determination to maintain its 2016 turnover of nearly €2bn by winning a collection of new dredging contracts across Europe and Africa. DEME’s Bremen based German subsidiary Nordsee Nassbagger und Tiefbau GmbH has won a joint venture two year contract for maintenance dredging of the entire 116 km long fairway of the… Read More
The winner of a tender to implement the project entitled the project “The reconstruction of the maritime approach channel and inland water approaches to the deep-sea quays of Yuzhny seaport (construction and assembly work)” is China Harbour Engineering Company Ltd. The press service of Ukrainian Sea Port Authority reported that earlier Novadeal Ltd, the subsidiary… Read More
Orion Group Holdings, Inc. (NYSE:ORN), a leading specialty construction company, reported a net loss for the three months ended March 31, 2017, of $1.8 million ($0.07 diluted loss per share). These results compare to a net loss of $1.2 million ($0.04 diluted loss per share) for the same period a year ago. First Quarter 2017… Read More
The U.S. Army Corps of Engineers Galveston District awarded a contract in the amount of $855,080 to Environmental Industrial Services Group Inc., for the dewatering of Houston Ship Channel Peggy Lake Placement Area. “The dewatering project will help to drain water from the placement area and dry out material within the site for use in… Read More