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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
Dutch dredging majors Van Oord and Boskalis have been awarded a contract by Brazil’s Ministry of Transport, Ports and Civil Aviation for capital and maintenance dredging at the Port of Santos. The joint venture project in South America’s largest port has a total contract value of some €110 million. Studies will be undertaken over the… Read More
Great Lakes Dredge & Dock Corp (GLDD): Carl A Albert , director of Great Lakes Dredge & Dock Corp purchased 2,000 shares on Mar 7, 2017. The Insider buying transaction was reported by the company on Mar 9, 2017 to the Securities and Exchange Commission. The shares were purchased at $4.50 per share for a… Read More
We reported a 68% increase in year-over-year gross margin. We reported an 86% increase in year-over-year EBITDA. During 2016 we bid out approximately $2.8 billion worth of projects winning approximately $ 654 million for win rate of approximately 24%. Within heavy civil marine construction segment approximately 46% of our full year 2016 revenues was generated… Read More
The China Harbour Engineering Company and Sinohydro Corporation have been hired by the government of Angola to carry out construction projects for basic sanitation, infrastructure and stabilisation of slopes in the city of Sumbe, the capital of Kwanza Sul province, according to a presidential order cited by the Africa Monitor newsletter. The work, whose award… Read More
On 19th January 2017, the Port of Rotterdam Authority kindly hosted the 2nd meeting of CEDA’s Dredging Management Commission (DMC) in the World Port Centre, in Rotterdam. Since the first meeting, four months earlier, four new members have joined the commission, bringing the total number of expert participants to 18. As a result, the DMC… Read More
Royal Boskalis Westminster N.V. has published both its Annual Report 2016 and its Corporate Social Responsibility (CSR) report 2016. The Corporate Business Plan 2017-2019 is presented in the annual report. The reports are available as interactive PDF documents and can be downloaded via www.boskalis.com/reports Source: GlobeNewsWire
HOUSTON, March 09, 2017 (GLOBE NEWSWIRE) — Orion Group Holdings, Inc. (NYSE:ORN) (the “Company”), a leading specialty construction company, today reported a net loss for the three months ended December 31, 2016, of $6.3 million ($0.23 diluted loss per share). These results compare to net income of $1.4 million ($0.06 diluted earnings per share) for… Read More
The government is looking to sell a 51 per cent stake in staterun Dredging Corporation of India. A cabinet note has been prepared on this proposal and is being circulated among key ministries for comment, two senior government officials said. “There is enough competition in this sector and therefore the role of a public-sector firm… Read More