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Orders Drop 6% at Boskalis

United States

Royal Boskalis Westminster’s order book fell 6.1% in the third quarter of 2015 to €2.8bn, according to the company’s latest results. The company said its operating profit was lower than quarterly result achieved in the first half of the year and he same period last year. However, this was in line with expectations because of… Read More

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VolkerStevin JV Wins £21M Ipswich Tidal Barrier

United States

Under a £21m contract, VBA is set to start building later this month a 30m wide tidal barrier gate across the River Orwell in the city. The scheme involves the construction of piled flood defence walls on either side of the barrier, a control building, the installation of mechanical and electrical equipment, flood gates on… Read More

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DEME Secures New Dredging Contracts in Egypt, Panama and Turkey

United States

The Belgian dredging, environmental and marine engineering group DEME secures several international dredging contracts with a total contract value of 150 million euros, the company said in its press release. It concerns projects that will strongly improve the accessibility of various world ports for international shipping. The execution of the contracts will start immediately and… Read More

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DeRidder Native Takes Position with U.S. Army Corps of Engineers

United States

Johnny Walker of DeRidder has recently accepted a position with the Kansas City District, U.S. Army Corps of Engineers. Walker joins the Kansas City District from the New Orleans District, U.S. Army Corps of Engineers. His new position will be as a senior structural engineer with responsibilities for civil works and military construction missions. He… Read More

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Two Ellicott Dredges Working on Port Expansion Project in Latin America

United States

Two Ellicott cutter suction dredges are currently being used in the expansion of a major port in Latin America. This is part of a project to increase the port’s container handling capacity and accommodate Post-Panamax vessels. The first Ellicott dredge, a Series 370 with a 12″ x 10″ (300 x 250 mm) pump and 440… Read More

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Two Chinese Firms Aim to Raise Up to $2.6 Billion in Hong Kong IPOs

United States

Two Chinese state-owned companies are looking to raise a combined total of as much as US$2.6 billion in initial public offerings in Hong Kong in December, betting on signs of improving investor sentiment as markets bounce back, according to people with direct knowledge of the matter READ FULL ARTICLE HERE

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DEME Secures Several New Dredging Contracts in Egypt, Panama and Turkey

United States

The Belgian dredging, environmental and marine engineering group DEME secures several international dredging contracts with a total contract value of 150 million euros, the company said in its press release. It concerns projects that will strongly improve the accessibility of various world ports for international shipping. The execution of the contracts will start immediately and… Read More

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Dutch Marine Engineering Award for Maasvlakte 2

United States

The construction of Maasvlakte 2 has been recognised by the award of the prof. dr. ir. J.F. Agema prize, which is awarded every five years to an innovative marine engineering work that was designed or constructed by a Dutch party. Rotterdam, the Netherlands, 10 November 2015 – The construction of Maasvlakte 2 has been recognised… Read More

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Dredging Corporation Gains 4.4%

United States

The company said its net profit rose 434% to Rs.17.31 crore in the September quarter compared with Rs.3.24 crore a year ago. Dredging Corporation of India zoomed 4.4% to Rs.352.50 on BSE. The company said its net profit rose 434% to Rs.17.31 crore in the September quarter compared with Rs.3.24 crore a year ago. The… Read More

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Massachusetts Company Awarded Florida ICW Dredging Contract

United States

The Florida Inland Navigation District, which oversees the navigability of Florida’s Atlantic ICW, announced Wednesday at a press conference at Lauderdale Marina on the ICW that it awarded a $20 million contract to Cashman Dredging of Quincy, Massachusetts, to dredge the ICW to a depth of 17 feet from the 17th Street Causeway Bridge to… Read More

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Frankfort Company Dredging St. Clair River Channel

United States

The tugs Erich R. Luedtke and Kurt Luedtke and several barges from Luedtke Engineering in Frankfort are dredging the shipping channel in the St. Clair River. Lynn Rose, a spokeswoman for the U.S. Army Corps of Engineers, said the work could continue into 2016. “We’re at the beginning of the winter,” she said. “I’m sure… Read More

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PHI Group Signs Agreement in Principle With Philippine Spartan Mining and Development Corp. to Form Joint Venture for Dredging Zamales Rivers

United States

NEW YORK and MANILA, Philippines, Nov. 5, 2015 (GLOBE NEWSWIRE) — PHI Group, Inc. (Pink Sheets: PHIL), a U.S. public company engaged in energy and natural resources, announced today that the Company has signed an agreement in principle covering business cooperation and investment with a Filipino Company, Spartan Mining and Development Corporation. The agreement covers… Read More

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MPA Names New Director for Harbor Dredging Program

United States

With steamships getting bigger, dredging is increasingly critical to seaports such as Maryland Port Administration’s Port of Baltimore. “Dredging has become a very critical component of furthering the MPA’s mission of promoting waterborne commerce through Maryland in a way that provides economic benefits for our state,” said MPA Executive Director James J. White. “Without continuous… Read More

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DP World Burnie Deal Signed

United States

DP World Australia has entered into an exclusive agreement with the Tasmanian Ports Corporation, Tasports, under which the two parties will work together to provide an international container terminal at the Port of Burnie in North West Tasmania. Announcing the plan, Tasports CEO Paul Weedon welcomed the commitment by DP World Australia to progress their… Read More

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K.Himmafushi, GDh.Thinadhoo and S.Feydhoo Dredging, Reclamation and Civil Works Contract Signed with Van Oord Dredging and Marine Contractor

United States

Ministry has signed a contract with Van Oord Dredging and Marine contractor for the dredging, reclamation and civil works of Gdh.Thinadhoo, S.Feydhoo and K.Himmafushi, The ceremony on 5th November 2015 at Ministry of Housing and Infrastructure was attended by Minister of Housing and Infrastructure, Dr. Mohamed Muizzu and Area manager of Van Oord Dredging and… Read More

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