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CPI (M) State secretary P. Madhu has requested Chief Minister N. Chandrababu Naidu to stall the attempts to privatise Visakhapatnam-based Dredging Corporation of India (DCI). In a letter to the Chief Minister, Mr. Madhu stated that the Mini Ratna category DCI was playing a crucial role in the development of major and minor ports. “It… Read More
At its 2017 Spring Conference, the American Association of Port Authorities (AAPA)—the unified and recognized voice of seaports in the Americas—elected Steve Cernak, chief executive and port director for Broward County, Fla.’s Port Everglades, to serve as the association’s chairman of the board for the 2017-18 activity year that begins in October. Mr. Cernak is… Read More
Finance Ministry has cancelled a plan to give a 10% cash incentive to Vosta LMG-Karnaphuly Joint Venture Consortium Ltd as the firm does not use local raw materials to produce ships, dredgers and water machines. The joint venture has already taken bond facilities from Chittagong Bond Corporate for importing raw materials to manufacture ships, dredgers… Read More
Consultancy firm Royal HaskoningDHV has been contracted for the detailed design of the Marginal da Corimba reclamation and shore protection project in Angola’s capital city Luanda. This major contract was awarded by the consortium of Angolan Urbinveste Real Estate and Dutch dredging company Van Oord. The detailed design stage is scheduled to be completed in… Read More
Poole Harbour Commissioners (PHC) has appointed Phil Armstrong as its new Harbour Engineer. He joined PHC four years ago, as Engineering Project Manager, and now takes over the role of Harbour Engineer from Andy Ramsbottom, who retires this summer. Commenting on his promotion, Mr Armstrong said: “This is a particularly exciting time for the Port… Read More
Royal Boskalis Westminster N.V. (Boskalis) in joint venture with Jan De Nul has acquired a contract with port operator Jawaharlal Nehru Port Trust for the deepening and widening of the access channel towards Jawaharlal Nehru Port in Mumbai, India. The contract carries a value of approximately EUR 250 million with a 50% share for Boskalis…. Read More
Great Lakes Dredge & Dock, which has not rallied like most infrastructure stocks due to internal issues, has brought in new management, and looks poised for a turnaround in 2017. There are myriad reasons the company looks like it will see brighter horizons over the coming 12 months. These include: a return to profitability at… Read More
A consortium of Jan De Nul NV and Royal Boskalis Westminster NV is set to secure the contract for deepening and widening the channel of Jawaharlal Nehru Port Trust (JNPT), India’s busiest container port. The consortium quoted the lowest rate of about USD300 million for the work dubbed India’s biggest dredging work by value and… Read More
Ukrainian Sea Ports Authority says five leading dredgers took part in public tender for the reconstruction of approach channel and inland water approaches to the deep-water quays of Yuzhny seaport. As of 24 March the following companies have submitted their proposals to participate in the tender: Boskalis International B. V. (Netherlands), China Harbor Engineering company… Read More
The Environment Commission of CEDA is to establish a new Working Group called the CEDA Working Group on Seafloor Integrity (WGSI) and they are seeking suitable experts to join in. The Terms of Reference for the Working Group and the pdf version of the invitation letter can be downloaded below. Interested CEDA members are kindly… Read More
Clearing the air on the alleged government move to privatise Dredging Corporation of India (DCI), a Mini-ratna public sector unit, Union Minister of State for Road Transport and Highways, Shipping and Chemical and Fertilisers Mansukh Laxman Mandaviya on Saturday made it clear that the Centre was not considering any such proposals. The minister, who visited… Read More
Van Oord reported a decline in its 2016 revenue and net profit amid challenging dredging and offshore oil & gas markets. However, same as other similar companies, Van Oord said it sees opportunities for growth in the offshore wind sector. Overall, Dutch dredging and marine contractor’s revenue was at EUR 1.71 billion last year, down… Read More
An Israeli tech startup called Utilis has taken top honors at Imagine H2O this year, for technology that can detect underground leaks in underground, potable water supply systems through analysis of satellite imagery. Americans waste 1 trillion gallons of water every year thanks to leaky faucets, faulty sprinkler systems and other small systems. Utilis’ tech… Read More
Manson Construction was awarded a contract worth nearly $9million by the US Army Corps of Engineers for dredging of the Galveston Ship Channel in Texas, is was announced. The award for $8,921,000.00 covers maintenance dredging of the Galveston Ship Channel entrance, outer and inner bar channel and the Houston Ship Channel. The Fort Worth office… Read More
Director Peter Deutsch acquired 11,000 shares of Great Lakes Dredge & Dock Co. stock in a transaction that occurred on Tuesday, March 14th. The shares were purchased at an average price of $4.16 per share, with a total value of $45,760.00. Following the transaction, the director now owns 122,734 shares of the company’s stock, valued… Read More