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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
Assemblyman Brian E. Rumpf (R-9th) will sit on the state Beach Erosion Commission. He was appointed last week by the speaker of the New Jersey General Assembly nearly five years after Superstorm Sandy left a wake of destruction through much of the Garden State’s coastal communities. Rumpf said he believes his appointment will help him… Read More
Rohr-Idreco recently completed installation of a RISD350-M 14” (350 mm) electric dredge for application in the sand & gravel market. The customer needed a new and efficient deep-digging electric dredge. As Rohr-Idreco is the leading manufacturer of modular dredges with the latest technology, the customer decided to move forward with the dredge, which has a… Read More
Lasse Petterson on May 1 assumed the role of Chief Executive Officer (CEO) of Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD), the largest provider of dredging services in the U.S. Mr. Pettersen’s selection to be the company’s CEO was announced last December, when he joined the Great Lakes board. At that time it was announced… Read More
The U.S. Army Corps of Engineers, Vicksburg District, recently selected Viviana Berrios Williamson as Engineering and Construction Division’s channel improvement coordinator. In this position, Williamson will be the District’s specialist for matters pertaining to Mississippi River channel improvement and stabilization for flood control and navigation. She will be responsible for managing, conducting and coordinating all… Read More
Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) – Q1 2017 Results Earnings Conference Call Lasse Petterson Thank you, Bob. Good morning everyone. I had a big two weeks. I gained my U.S. citizenship last week and I became the Chief Executive Officer of Great Lakes just this past Monday. Since the Board of Directors chose me… Read More
Great Lakes Dredge & Dock Corporation (GLDD), the largest provider of dredging services in the United States and a major provider of environmental and infrastructure services, today reported financial results for the quarter ended March 31, 2017. For the three months ended March 31, 2017, Great Lakes reported revenue of $170.6 million, net loss from… Read More
The Van Oord Annual Report 2016 is available now. Summary of the table of contents: Key figures Report by the Supervisory Board Report by the Executive Board Operational activities Our employees Sustainability Organisation Annual Financial Statements The Annual Report 2016 is available in print, on their website, and in the Van Oord app. Source: Van Oord
Jan De Nul Group has acquired a contract for the deepening of the Port of Veracruz in Mexico. The contract has a value of approximately EUR 60 million. The areas to be dredged include the access channel and the turning basin. In total more than 13 million cubic meters will be removed and reclaimed. On… Read More