It's on us. Share your news here.
It's on us. Share your news here.
The Belgian dredging, environmental and marine engineering group DEME has won a €41m dredging contract for the Container Terminal Quay Project at Port Louis Harbour in Mauritius. The contract is DEME’s first win in Mauritius. The Mauritius Ports Authority has launched an extension project for the Mauritius Container Terminal to accommodate larger vessels and to… Read More
Netherlands headquartered dredging and marine services giant Royal Boskalis Westminster N.V. has reported a net profit of €147.5m for the first half of this year despite difficult trading conditions. Revenue in the first half of the year fell 25% compared to the first half of last year to €1.17 billion. In the Dredging & Inland… Read More
Highlights of the interim report include: The Maersk Group delivered an underlying profit of USD 426m in the third quarter of 2016. All business units generated free cash flows of a total of USD 736m and the Group maintains a strong financial position with a liquidity reserve of USD 11.8 bn. The result was positively… Read More
China Harbour Engineering Company (CHEC) has reportedly been contracted by Guinea’s government to upgrade the port in the country’s capital Conakry, marking another major deal for the Chinese company that has been blacklisted by the World Bank. Under the US$774 million contract, CHEC will construct docks, roads and other infrastructure in the port which is… Read More
China Harbour Engineering Co (CHEC) has signed a contract worth $774 million to upgrade a port in Guinea, one of the largest ports in West Africa, a company spokesman confirmed on Sunday. CHEC is a subsidiary of China Communications Construction Co, which is based in the Chinese mainland. Under the contract, CHEC will undertake construction… Read More
The International Association of Dredging Companies (IADC) and the World Association for Waterborne Transport Infrastructure (PIANC) have signed a memorandum of understanding (MoU) to formalise their long-standing working relationship. René Kolman, secretary general of IADC, Geoffroy Caude president of PIANC and Louis Van Schel, secretary general of PIANC signed the MoU on 15 October, 2016…. Read More
The Seoul Central District Court has begun investigations to determine whether Hanjin Shipping’s former chair Choi Eun-young committed any criminal offences while she was at the helm of the liner operator. On 23 October the court said it had suggested to Samil PricewaterhouseCoopers, which has been appointed to audit Hanjin Shipping’s assets and liabilities, to… Read More
The Board of Directors of Ellicott Dredge Enterprises announces two promotions. Heiko Osterchrist is now President of EDE. Most recently he was Managing Director of Rohr International Holdings and Rohr/Idreco operations in the US, Germany, France and Holland. Mr Osterchrist has over 35 years of experience in international sales and business development. He was on… Read More
Dredging ship Belomorsky of Northern Shipping Company OJSC has returned to the port of Arkhangelsk under the flag of Russia. According to the company’s press center, the dredger had been operating for 13 recent year under a long-term charter agreement at the ports of Italy, continental Spain, Canary Islands and Equatorial Guinea under the flag… Read More
The third annual Maritime Standard Awards, held on Monday 24th October at the iconic Atlantis Ballroom, on The Palm, have raised the bar still higher for regional awards ceremonies. Hosted by well-known TV journalist and former CNN anchor, Jim Clancy, and model and presenter, Dubai’s own Rania Ali, the Awards attracted a high calibre audience… Read More
Great Lakes Dredge & Dock Co. LLC, Oakbrook, Illinois was awarded a $ 32,595,369 firm-fixed-price contract for dredging the Delaware Main Channel. Bids were solicited on the Internet with three received. Work will be performed in Philadelphia, Pennsylvania, with an estimated completion date of Oct. 21, 2017. Source: U.S. Dept. of Defense
Italy’s Dragflow Srl has supplied a remote controlled dredge for tailing ponds cleaning in Germany. The RWE open coal mine needed a machine capable of dredging sediments from three ponds where all the storm water of the mine was collected, as well as the water coming from the mining machines. Dragflow supplied a remote controlled… Read More
DEME has opened a new office in Bremen that will serve as headquarters for the company’s operations in Germany. The Belgian dredging, environmental and marine engineering group is consolidating all its German activities in the northern city since last year, it said. The office currently employs about 100 people. They will play a major role… Read More
Orion Group Holdings, Inc. (NYSE:ORN) today announced it will release its financial results for the third quarter 2016 before the market opens on Thursday, November 3, 2016. The Company will host a conference call to discuss results the same day at 10:00 a.m. Eastern Daylight Time/9:00 a.m. Central Daylight Time. To participate in the call,… Read More
As a result of persistently poor market conditions, Royal IHC fine-tunes its strategy by further boosting knowledge-intensive activities – Persistently poor market conditions force a fine-tuning of strategy – The management intends to reduce around 425 permanent and temporary contracts, mainly in indirect and support positions – Dutch-based IHC units to continue to operate as… Read More