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The Collegium of the Accounts Chamber of the Russian Federation chaired by Tatyana Golikova has considered the findings of the audit on the use of budgetary funds allocated in 2015 and the expired period of 2016 for implementation of measures under sub-programme “Maritime transport” of the Federal Targeted Programme “Development of Russia’s Transport System in… Read More
The Belgian dredging, environmental and marine engineering group DEME has won a more than US$46 million dredging contract for the Container Terminal Quay Project at Port Louis Harbour in Mauritius. The contract is DEME’s first win in Mauritius, confirming its widespread presence and experience on the African continent. The Mauritius Ports Authority has launched an… Read More
The U.S. Army Corps of Engineers Galveston District awarded $54,613,535 in contracts for the following work along the Texas coast: – $26,571,750 awarded to Weeks Marine Inc., for deferred environmental restoration along the Houston Ship Channel. This contract will use material mined from the HSC beneficially to construct marsh dikes at Atkinson Island and provide… Read More
A former executive at shipbuilder ST Marine implicated in one of the largest corporate graft scandals in Singapore was on Monday (Sept 26) sentenced to 20 weeks’ jail and a $100,000 fine. Mok Kim Whang, 65, who was the company’s senior vice-president from June 2000 to July 2004, is the third of seven former ST… Read More
Development of Inland Water Transport is a priority of the Ministry of Shipping. After the declaration of 106 new National Waterways, in addition to the existing 5 National Waterways, under the National Waterways Act, 2016, the responsibilities of Inland Waterways Authority of India (IWAI) have increased manifold. To ensure the development of the National Waterways… Read More
Orion Group Holdings, Inc. (NYSE: ORN) announced its Heavy Civil Marine Construction segment, Orion Marine Group, was recently awarded a $23.3 million contract by the Naval Facilities Engineering Command Southeast (NAVFAC). The project provides for reconstruction of berthing wharfs B-1, B-2 and B-3 on Wharf Bravo at Naval Station Mayport in Jacksonville, Florida. The project… Read More
The Port Corpus Christi Authority has signed a memorandum of understanding with the U.S. Army Corps of Engineers Galveston District for a project partnership to carry out preliminary work for channel improvement at the port. The project will include sediment testing services associated with dredging the entrance channel and is expected to take about 10… Read More
Shares of Selangor Dredging Bhd (SDB) fell 5.64% in thin trade early Friday after its net profit plunged 79% to RM4.6 million in the first quarter ended June 30, 2016 (1QFY17), from RM21.49 million in 1QFY16, primarily because the previous year had recorded a gain of RM13.69 million from land disposal. At 9.19am Friday, SDB… Read More
The Steam Packet is running into problems at its main port in England. The ferry company is blaming a ‘failure of an agreed dredging programme’ for disruption to services from tomorrow (Friday) to Monday. A revised schedule for Ben-my-Chree services has been announced as a combination of tidal conditions and a lack of agreed dredging… Read More
As announced on 23 June 2016, the Board of Directors has tasked the management of A.P. Møller – Mærsk A/S to perform a review focusing on the strategic and structural options for the Maersk Group with the objective of generating growth, increasing agilities and synergies and unlocking and maximising shareholder value with the long-term view…. Read More
A consortium led by Eiffage Génie Civil has won a design-build contract to expand a container terminal in Sierra Leone. The €47m (£40m) project for Freetown Terminal’s subsidiary Bolloré Transport & Logistics involves the construction of a new 270m quay to accommodate vessels with a draught of 13m. Eiffage will be backed by sister company… Read More
City Council authorized several agreements for outside help when it met Thursday, Sept. 8 in City Hall. Officials hired law firm Parker McCay to represent the city in a bid dispute with Wickberg Marine Contracting of Belford, according to city solicitor Dottie McCrosson. The contract states that the city will pay $225 per hour to… Read More
The chairman of Hanjin Group transferred 40 billion won ($36 million) to Hanjin Shipping on Tuesday to help unload cargo stranded on the troubled shipper’s vessels, a spokesman said, but regulators warned securing further funds could take “considerable time”. The parent of Hanjin Shipping pledged last week to raise 100 billion won to help rescue… Read More
Manson Construction Co. was awarded the Redwood City Harbor Channel Maintenance Dredging project for $7,800,000 by the U.S. Army Corps of Engineers, San Francisco District. The project involves maintenance dredging the federal navigation channel of Redwood City Harbor. Source: Manson Construction
Belgian dredging major Jan De Nul NV is part of a consortium that will be responsible for the expansion of the port of Kingston, Jamaica. Over a 25 month period the access channel and the port basin will be deepened, and the berths on the existing quay walls will be reinforced and renovated. Hence, the… Read More