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The shipping arm of Danish conglomerate A.P. Moeller-Maersk A/S is looking to buy German peer Hamburg Süd, people with knowledge of the matter said, a deal that would help Maersk Line boost its presence in global trade with Latin America. Maersk Line, the world’s leading container-shipping operator, is interested in acquiring the entire Hamburg Süd… Read More
Jan De Nul saw one of its contracts in Ukraine valued at 35 million euros canceled by the competition authority of the Eastern European country following a complaint by a competitor, a subsidiary of the Dutch Van Oord company. The contract concerned work in the port of Youjne (south-west), on the Black Sea. The cancellation… Read More
Brazil’s Porto do Açu Oil Transhipment Terminal in Rio de Janeiro is on the path of accommodating larger vessels as the depth of its access channel will be increased to 24.5 meters by the end of 2017. At its current depth of 20.5 meters, the terminal’s access channel is capable of receiving Suezmax type vessels…. Read More
CCCC, 3TI and eAmbiente consortium have won the bid for the design of Phase 1 of Venice Offshore Port in Italy. The project is owned by the Venice Port Authority. The project involves the capital construction design of a container terminal in Phase 1 of Venice Offshore Port, including breakwater, container terminal, service zone, electric,… Read More
Great Lakes Dredge & Dock (NASDAQ:GLDD) finished 2.2% higher in today’s trade after Privet Fund Management disclosed a 5.2% active stake and said it had engaged in talks with management. Privet says it plans to continue to meet with GLDD’s management and board about corporate governance, operations, strategic plans and other means to enhance stockholder… Read More
Having carried out large number of dredging operations at various ports along the Indian coastline, Vizag-based Dredging Corporation of India (DCI) is now looking at expanding its presence to the foreign shores. As part of its plans to tap into dredging projects abroad, DCI recently signed a memorandum of understanding (MoU) with a Bahrain-based company… Read More
As it turned out, the well-known European company Jan De Nul Group – through its Ukrainian subsidiary Jan De Nul Ukraine – was involved in that fraud attempt. It is no secret that the former Soviet Union is still rife with corruption, and Ukraine is no exception. But the fact that the corruption scandal hit… Read More
Kristi Trail, a Metairie native and environmental engineer, has been named the new executive director of the Lake Pontchartrain Basin Foundation. The foundation announced her hiring Wednesday (Nov. 16.) “Kristi is the perfect choice to continue LPBF’s successful programs and steer the organization into the future,” said Carlton Dufrechou, a foundation board member who served… Read More
Ellicott Dredge Technologies (EDT) is pleased to announce new technology that will minimize down time by greatly reducing pump and cutterhead clogs in debris rich environments. EDT, through its IMS and Mud Cat™ product lines, is now offering the self-cleaning debris guard called the “Pump Defender” (patent pending) on its entire horizontal cutterhead product line…. Read More
Wärtsilä Sternguard In-Water Serviceable Seal (IWSS) has won its third award. The ground-breaking seal received the award for Innovation in Dredging Equipment at the Dredging & Port Construction (DPC) Innovation Awards 2016. The new recognition comes only days after Wärtsilä Sternguard IWSS won the Technical Innovation Award at the Seatrade Maritime Awards and the Environmental… Read More
CEDA has added a new Commission to its ranks: the Dredging Management Commission (DMC). This commission was set up to provide for initiating and facilitating discussions, innovations and questions from the dredging community on the management of dredging works in the broadest sense. Its aim is to bring together all stakeholders related to dredging management… Read More
Stating Michelle Barczak is leaving a legacy behind is an understatement when describing the departing Corps of Engineers, Buffalo District Chief of Counsel’s 33 years of public service. Ms. Barczak, retiring this December, spent the better part of her career with the U.S. Army Corps of Engineers and first started in the Buffalo District as… Read More
The first IHS DPC Innovations Awards gala dinner was held in London last week, to recognise innovation and outstanding achievement in the dredging and ports construction industry. Many projects, people, and organisations, were honoured for their contributions at a glittering gala dinner on the 10th November at the London Marriott in Grosvenor Square, London. Of… Read More
Abu Dhabi-based National Marine Dredging Company (NMDC) is investing heavily to prepare the business for long term growth. The company has confirmed an order with Royal IHC of the Netherlands for a 6000 cu m trailing suction hoper dredger. Currently at the design stage, the newbuilding is due for delivery in March 2018, when it… Read More
Great Lakes Dredge & Dock Corp. said it has completed the sale of assets associated with the service lines of the Terra Contracting Services, LLC business for $6.1 million in cash. “This sale marks an important step in executing the company’s strategy of focusing on the Environmental and Infrastructure segment’s core strengths and divesting of… Read More