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Sediment Tracing specialists Partrac have been assisting academic staff and researchers from Mississippi State University to implement a beach sediment tracking study on Deer Island, Mississippi, the closest barrier island to the Mississippi Gulf Coast. The study was commissioned and funded by the Mississippi Department of Marine Resources’ (DMR) Mississippi Tidelands Trust Fund Program. It… Read More
Federal environmental regulators fined a Florida real estate company $187,500 and ordered them to restore wetlands after finding evidence of illegal dredging. The Daytona Beach News-Journal reports (http://bit.ly/2aSrn94 ) that the U.S. Environmental Protection Agency and Consolidated-Tomoka Land Company settled a longstanding case related to the illegal dredging on 163 acres of wetlands in Daytona… Read More
Maersk Line, the world’s biggest container shipping company, has decided to stop services to and from 10 ports in China as part of a drive to reduce costs. Maersk Line, a unit of Danish conglomerate A. P. Moller-Maersk, has, like other container shipping companies, been hit by historically low freight rates in the first half… Read More
Idreco BV, a subsidiary of Rohr International Dredge Holdings and Ellicott Dredge Enterprises, announces that Wim Snippe, the Managing Director of Idreco BV, has decided after a long career in designing and building dredges and pumps to retire from Idreco BV and pursue other interests unrelated to Idreco BV and its sister companies’ activities. “We… Read More
Danish shipping giant AP Moller-Maersk has reported a sharp fall in the second-quarter and first-half 2016 net profits on weak container freight rates and the soft oil price with only Damco, its logistics business, improving its performance on a year ago. Group net profit declined to USD118 million in the second quarter from USD1.09 billion… Read More
Abu Dhabi-based National Marine Dredging Co. (NMDC) has announced that it has been awarded a contract worth US$316 million for the engineering, procurement and construction (EPC) of a new LNG terminal in Gujarat, India. This capital development programme will involve major dredging and marine infrastructure works. NMDC will also be involved in land reclamation activities,… Read More
In an industry always searching for bellwethers, the first half financials of Hong Kong’s OOCL offer an indication of what to expect from Maersk Line when the Danish carrier delivers its second quarter results on Friday. Like Maersk Line, OOCL is a member of the exclusive club of container shipping companies that generally make a… Read More
Hapag-Lloyd’s earnings continued to deteriorate in the second quarter, dragging the German container line’s first-half operating result to a loss. Earnings before interest and tax (EBIT) posted a EUR39.7 million shortfall, reversing a EUR267.7 million surplus in the same period last year, despite estimated synergies and cost savings of hundreds of millions of dollars from… Read More
38 members of the US Army Corps of Engineers participated in an “Introduction to Dredging” seminar organized by the Institute for Water Resources, USACOE, and held at the St. Paul District of the Corps. The group traveled to Ellicott’s facility in nearby New Richmond, WI, to see how dredges are designed and built firsthand.
Transport Topics has published an interactive map of dredging projects on the East Coast of the USA. To view current and planned projects, visit http://ttnews.com/dredging2016/ .
Anthony D Bates Partnership (ADBP), an engineering consultancy specialising in dredging and its associated fields, has welcomed David Smart to its team. Mr Smart is a chartered civil engineer with over 40 years’ UK and international experience in the dredging and marine construction industry. Prior to his association with ADBP, he worked for the engineering… Read More
Singapore-based Atlantis Resources Ltd (LON:ARL) said today it has finalised the sale of a 2% stake in its Scottish tidal projects development vehicle to DEME Concessions NV for GBP 2 million (USD 2.6m/EUR 2.3m) in cash. DEME Concessions, part of Belgian offshore construction specialist DEME Group, now owns 2% of Tidal Power Scotland Ltd (TPSL)…. Read More
Royal IHC has announced that on 1 September 2016 Bram Roelse will step down as CEO. On that date Mr Dave Vander Heyde will be appointed by the Supervisory Board as the company’s new CEO. During his time in this role, Mr Roelse has used his in-depth knowledge and experience to determine and roll out… Read More
Mike Hooks, Inc., Westlake, Louisiana, was awarded a $19,530,000 firm-fixed-price contract for maintenance dredging Calcasieu River and pass, mile 5.0 to mile 15.0, and Sabine Unit 1A and Devil’s Elbow, in Calcasieu and Cameron Parishes, Louisiana. Work will be performed in Lake Charles, Louisiana, with an estimated completion date of May 25, 2015. Bids were… Read More
Abu Dhabi-Mubasher: National Marine Dredging Company (NMDC) posted a 67% decline in its second-quarter profits, according to a bourse statement. Profits reached AED 14.79 million ($4.03 million) in Q2-16, compared to AED 44.79 million ($12.19 million) in Q2-15. Contract revenues declined 63.7% to AED 322.28 million in Q2-16, compared to AED 888.05 million in Q2-15…. Read More