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Since its launch in December 1970, the Tulsa Port of Catoosa has grown from 2,000 virtually empty acres at the head of the McClellan-Kerr Arkansas River Navigation System to a vital economic hub for the entire region. And for the majority of that time the multi-modal shipping complex and industrial park has been linked to… Read More
An icon of the dredging business in Fiji, Hall Pacific, is celebrating ten years of operation in the country. Hall is a very large civil engineering company with extensive operations in several Australian states. This is including road construction, earthworks and clearing and levelling operations, drainage and stabilisation works. In Australia, civil engineering accounts for… Read More
Royal Boskalis Westminster N.V. (Boskalis) has over the last couple of weeks acquired a number of medium sized and various smaller projects in the Netherlands with a combined contract value of more than EUR 200 million. Boskalis was awarded the project for the expansion and doubling of the N62 road (Tractaatweg) in the province Zeeland…. Read More
The International Association of Dredging Companies (IADC) has announced the appointment of Mr. Frank Verhoeven as the new President of the IADC Board of Directors. Mr. Verhoeven was part of the Royal Boskalis Westminster group of companies for 40 years. After graduating with a degree in civil engineering from the Technical University of Delft (TU… Read More
OBG (O’Brien & Gere) announced that it has acquired Natural Resource Technology (NRT), an environmental engineering and consulting firm headquartered in Milwaukee, WI, with regional offices in Chicago, IL, East Lansing, MI, and Bloomington, IL. This strategic positioning with NRT and its leadership supports OBG’s commitment to growing its business and specifically, its focus on… Read More
Nine large companies from China are due to arrive in Sao Tome and Principe to analyse, together with the government, the possibility of implementing large infrastructure projects, announced the Prime Minister of Sao Tome. Patrice Trovoada also said it was possible that a Chinese company would be involved in building a deep water port, a… Read More
Great Lakes Dredge & Dock Corporation the largest provider of dredging services in the United States and a major provider of environmental and remediation services, announced today it has closed on a $250 million three year revolving credit facility; PNC Bank, National Association (PNC) acted as Administrative Agent and Issuing Lender. The bank group consists… Read More
A dredging company is suing the U.S. government, alleging breach of contract and negligence. Weeks Marine Inc. filed a lawsuit Dec. 12 in the Houston Division of the Southern District of Texas against the United States of America, acting in the name of its agency, the U.S. Army Corps of Engineers, alleging the government failed… Read More
A new CEO took the helm of Great Lakes Dredge & Dock Corporation on Wednesday January 4, Mark Marinko. The exec is also the company’s current CFO. News was first seen on the Benzinga Pro real-time newswire around 5:54 p.m. ET. The executive change was later confirmed by Great Lakes Dredge & Dock via a… Read More
The Dutch Directorate General for Public Works and Water Management (Rijkswaterstaat) has awarded a contract for the reinforcement of the Houtrib Dyke in Holland to a joint venture between two major dredging companies, Boskalis and Van Oord. The contract is reported to be valued at €90 million with this amount shared equally between the two… Read More
Toxic dredging has cost Soldiers Point Marina operator $220,000. Coming as something of a shock to the marina industry, the operator of award-winning Soldiers Point Marina at Port Stephens has been ordered to pay $220,000 in fines and clean-up costs. The NSW Environment Protection Authority took action for illegal dredging which apparently disturbed toxic sediment…. Read More
The New Bourbon Regional Port Authority board conducted a meeting in December after all, though last week’s meeting at the Southeast Missouri Regional Planning Commission in Perryville addressed a limited agenda to consider bids for two projects. The board awarded Magruder Construction Company the contract for harbor dredging of 75,000 cubic yards of material. And… Read More
Sime Darby Bhd, which owns and operates Weifang Port in Shandong Province, announced that its indirect subsidiary Weifang Binhai Haiwei Dredging Project Co Ltd (WBHDP) has ceased operations. In a filing with Bursa Malaysia, the conglomerate said WBHDP, whose activities were dredging of embankment projects, excavation, dredging and maintenance of ports and channels, fencing and… Read More
The Board of Directors (the “Board”) of Great Lakes Dredge & Dock Corporation (“Great Lakes”) (NASDAQ:GLDD), the largest provider of dredging services in the United States and a major provider of environmental and remediation services, announced today that Ryan Levenson has been appointed to the Board of Directors, effective December 27, 2016. Mr. Levenson has… Read More
Açu Petróleo S.A., a joint venture company of Prumo Logística S.A. and Oiltanking Gmbh, has awarded the contract for the expansion of the Porto do Açu Oil Transhipment Terminal in Rio de Janeiro State. The expansion comprises the deepening, widening and extension of the access channel and turning basin. In total, approximately 32 million cubic… Read More