It's on us. Share your news here.
It's on us. Share your news here.
Port Bronka and Boskalis have signed an agreement on dredging works in 2016. The document was signed within the framework of the 3rd International Forum of Dredging Companies organized by Media-Group PortNews. Access channel of MSCC Bronka consists of two straight parts. The point of turn and conjunction is to be widened. Radius of the… Read More
DP World has signed contracts for civil construction work at its new Container Terminal 4 on a reclaimed island in Jebel Ali Port. Sultan Ahmed Bin Sulayem, DP World Group Chairman and Chief Executive Officer, Zeyad Baker, Executive Director, Dutco Balfour Beatty LLC and Patrick McKinney, Area Manager, Middle East and Gulf, BAM International Abu… Read More
The U.S. Army Corps of Engineers, Vicksburg District recently selected David Wallace as chief of its Design Branch of Engineering Division. In this position, Wallace will be responsible for supervising and managing the branch to provide engineering design activities to support the Vicksburg District’s (District) civil works program. The civil works-engineering program consists of major… Read More
Sergei Milushkin, Director General of Special Economic Zone Lotus PJSC held negotiations on cooperation with a number of companies within the framework of the 3rd International Forum of Dredging Companies organized by Media-Group PortNews and held in Moscow on February 26, 2016. SEZ Lotus PJSC says the negotiations were held with Hydromec, Royal IHC (IHC),… Read More
Belgian dredging major DEME increased its net profit by 18% to EUR199.2 million (USD218.7 million) in 2015. It is a year that it described as “particularly active”, given its work on a large number of major international projects. Turnover fell by 9.1% to EUR2.35 billion after exceptionally activity levels in 2014 but this did not… Read More
Great Lakes Dredge & Dock Co. (NASDAQ:GLDD) released its quarterly earnings data on Tuesday. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.04 by $0.05, AnalystRatings.NET reports. The company had revenue of $222.60 million for the quarter, compared to analyst estimates of $228.60 million. Shares of… Read More
Humpuss Intermoda Transportasi, a shipping services company, plans to expand to dredging this year, looking for works from government port building projects across the archipelago to compensate for a decline in the company’s commodity transport business. The company has set aside $20 million to $100 million in investment to acquire 40 new ships for dredging,… Read More
The remaining tin dredge (Tin Dredge Heritage) – the only one of its kind in the country, in Jalan Tanjung Tualang, Batu Gajah is undergoing rehabilitation work costing RM8.5 million in three phases and is expected to re-open to the public in two years. The giant mining machine known as Tanjung Tualang Dredge No 5… Read More
Dredging company Deme, based in Zwijndrecht, Antwerp province, is part of the consortium selected to carry out the development of Blue Gate Antwerp, a business park to be located on the heavily polluted site of the former Petroleum Zuid. The other partners in the Blue O’pen group are Mechelen’s Bopro management and consultancy group and Dredging… Read More
Singapore-based rig-building and ship repair group Sembcorp Marine‘s debt levels are on the high side and it could struggle to fulfil its debt covenants, sector analysts have cautioned. At 31 December 2015, Sembcorp Marine’s long-term debt stood at SGD2.6 billion (USD1.9 billion), while shareholders’ equity stood at SGD2.5 billion, indicating a gearing ratio of 1.04:1…. Read More
Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD), the largest provider of dredging services in the United States and a major provider of environmental and remediation services, announced today the receipt of three awards with an approximate value of $58 million. Valued at approximately $34.5 million, the first award is for the construction of a protective beach… Read More
The National Marine Dredging Company (NMDC) has announced that hiring UAE nationals is one of its ultimate priorities in all the company’s sectors, especially in engineering and technical fields. This announcement was made during NMDC’s participation in Tawdheef, the leading recruitment event for UAE Nationals that is currently taking place in Abu Dhabi at the… Read More
Building the 3rd swirling Beatrix lock and the widening of the Lekkanaal has been awarded to Sas van Vreeswijk . Sas van Vreeswijk is a combination of contractor Besix and investors Rebel Valley and TDP supported by earthmoving business Martens en Van Oord and Agidens for electro-mechanics. READ FULL ARTICLE HERE
National Marine Dredging recorded a net profit worth AED 58.05 million ($16 million) in the fourth quarter of 2015, compared to AED 88.83 million ($24.2 million) in the same quarter of 2014; a decline of 35%. The company said in a bourse statement that it achieved a surge of 70% to AED 151.9 million ($41.4… Read More
Tower has finished the install of a new crane dredging control system on the UK Dredging vessel Cherry Sand. Our in proprietary crane control system outputs data from the crane to the processing unit on the bridge showing the 3D Model of the current dredge job.