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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.
Project company Sas van Vreeswijk (SPC) achieved financial close of the PPS project ‘Construction 3rd lock chamber Princess Beatrix Lock and widening Lek Canal’. Sas van Vreeswijk consists of TDP NV (in partnership with investment companies TINC and DG Infra Yield), BESIX Group NV, RebelValley B.V., Heijmans Nederland B.V. and Jan De Nul NV. The… Read More
Dredging Corporation India has reported a standalone total income from operations of Rs 161.40 crore and a net profit of Rs 7.97 crore for the quarter ended Dec ’15. Other income for the quarter was Rs -0.07 crore. For the quarter ended Dec 2014 the standalone total income from operations was Rs 185.21 crore and… Read More
ROHR-IDRECO Dredge Systems, a leader in the dredging world for designing and building custom deep digging electric or diesel modular dredges with low energy requirements, has been supplying to sand and gravel, mining, dam operators, governments and contractors for over 50 years. ROHR-IDRECO is well known in the mining industry, especially sand and gravel, for… Read More
Curtis J. Foltz will step down as executive director of the Georgia Ports Authority on June 30 and will be succeeded by Griffith V. Lynch, the agency’s chief operating officer. READ FULL ARTICLE HERE
The decision Monday by Outer Harbor Terminal in Oakland to file for Chapter 11 bankruptcy protection will not deter Ports America from continuing to invest in its other container terminals on both the West and East coasts, the company said Wednesday. READ FULL ARTICLE HERE
The City of Newport Beach will receive two awards from the American Society of Civil Engineers (ACSE) Orange County Branch at the group’s annual awards dinner on February 18. The $36 million Marina Park project was unveiled last month, offering a variety of recreational activities. “We would like to congratulate the City of Newport Beach… Read More
The Russian government is considering the privatization of seven major state-owned enterprises in a bid to plug budget gaps from plummeting oil revenue, with high-level meetings between company officials, government ministries and President Vladimir Putin himself. But of the many companies potentially up for sale, only one firm, shipping operator Sovcomflot, is a stand-out candidate… Read More
Following hard on the heels of its 2014 success on the Medmerry managed realignment project on the Sussex coast, construction consortium Team Van Oord has completed another coastal protection scheme – once again with the help of Kijlstra precast units. READ FULL ARTICLE HERE