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Belgian company behind Swansea tidal lagoon concerns named

United States

The Jan de Nul Group is the Belgian company behind concerns over making a Chinese company the preferred bidder to build the Swansea Bay tidal lagoon.  It queried a potential conflict of interest surrounding the award of the contract to China Harbour Engineering. It said it had concerns about a long-term partnership between CHEC and… Read More

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Frogco Gets New Owners

United States

Steve Saucier, CEO of GCSES, said: “Frogco is a first-rate service provider in a unique market, with a reputation for unmatched equipment quality and a customer-centric approach that focuses on providing solutions so projects can be completed in the safest and most cost effective manner.” “In affiliation with GCSES, Frogco will enhance its position in… Read More

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Port City Downsizes

United States

The China Harbour Engineering Company Ltd. (CHEC) Colombo Port City last week claimed that it had downsized its staff and were in the process of paying loans obtained from international finance companies due to the halting of the project. However, the CHEC Port City, a subsidiary of China Communications Construction Company (CCCC) did not divulge… Read More

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Hawaiian Dredging Wins Contract to Build Three Rail Stations in Waipahu

United States

Honolulu Authority for Rapid Transportation awarded Wednesday a construction contract to Hawaiian Dredging Construction Company to build three rail stations in Waipahu. Hawaiian Dredging Construction Company received a $78.9 million contract for the Farrington Highway station group, consisting of the West Loch, Waipahu Transit Center and Leeward Community College stations. Bids for the station group… Read More

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CCCC Founds Dredging Group in Shanghai

United States

China Communications Construction Corporation (CCCC) has set up a dredging group, the first of a series of planned spinoffs as it develops into a holdings companywith subsidiaries across various sectors. Officially founded on 10 June in Shanghai, CCCC Dredging (Group) is registered in the Shanghai Free Trade Zone with a registered capital of CNY11.7 billion… Read More

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Head of DEME Dredging Wins Vlerick Award

United States

Alan Bernard, CEO of dredging and civil engineering firm DEME, has won this year’s Vlerick Award, handed out annually by Vlerick Business School on behalf of its alumni association, which votes for the winner. The theme of this year’s award was “Legacy & Promise”. All the nominees “run a company with a proud history and… Read More

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Great Lakes Dredge & Dock Co. Director Buys $39,970.00 in Stock

United States

Great Lakes Dredge & Dock Co. (NASDAQ:GLDD) Director Nathan Leight bought 7,000 shares of Great Lakes Dredge & Dock Co. stock on the open market in a transaction that occurred on Wednesday, June 3rd. The shares were purchased at an average price of $5.71 per share, for a total transaction of $39,970.00. Following the transaction,… Read More

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Largest Damen Hopper Dredger Delivered In Borneo To PFNM

United States

The delivery in early May of Trailing Suction Hopper Dredger (TSHD) Barito Equator demonstrates how Indonesia’s developing maritime industry is building ever more complex vessels. The 2,500 m3 capacity Damen TSHD 2500 is the first of its kind built in Indonesia and also the largest Damen standard hopper dredger built to date. For Indonesian dredging… Read More

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Dredge Yard ISO 9001 Certified

United States

Dredge Yard, a company dedicated to the market of dredge equipment and dredging technology, has received ISO 9001 certification, the internationally recognized standard for the quality management of businesses worldwide. Dredge Yard’s Finance Officer, Syed Aalishan, said: “By implementing ISO 9001 Quality Management System in Dredge Yard we didn’t only aim for International Quality Recognition,… Read More

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Dredging Corporation of India Ltd Board recommends Dividend of Rs. 3 for 2014-15

United States

The Board of Directors of Dredging Corporation of India Ltd at its meeting held on May 26, 2015, has declared dividend @ 30% on the paid-up share capital of the Company i.e., Rs.3.00 (Three Rupees only) per equity share of Rs. 10/- each. Shares of DREDGING CORPORATION OF INDIA LTD. was last trading in BSE… Read More

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Dredging Corp – Change in Directorate

United States

Dredging Corporation of India Ltd has informed BSE that Shri P. Jayapal, Director (Operations & Technical) has been relieved from the services of the Corporation w.e.f. May 29, 2015 A.N (as May 30, 2015 and May 31, 2015 being weekly off) on attaining the age of superannuation. Shri M. S. Rao assumed charge as Director… Read More

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Argentinian Firm in Deal with Damen for Tug, Dredger

United States

Argentinian company Cooperativa De Trabajos Portuarios Limitada de San Martín has signed a contract for the delivery of two Damen ASD 2810 tugs and one Cutter Section Dredger 500. The two vessels and dredger are to be used in the Argentinian terminal region around Rosario on the Paraná river for towing, mooring, fire-fighting and dredging… Read More

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Great Lakes Dredge & Dock Co. Director Nathan Leight Purchases 12,200 Shares (GLDD)

United States

Great Lakes Dredge & Dock Co. (NASDAQ:GLDD) Director Nathan Leight purchased 12,200 shares of the stock on the open market in a transaction dated Monday, June 1st. The shares were purchased at an average price of $5.57 per share, for a total transaction of $67,954.00. Following the completion of the transaction, the director now directly… Read More

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Dredging Firm Fined $500,000 in Mark Barhanovich Death

United States

A federal judge has fined dredging company C.F. Bean LLC $500,000 for failing to light a dredging pipeline, resulting in the 2012 boating death of Biloxi businessman and philanthropist Mark Barhanovich. The fine is the maximum penalty for what is considered “seaman’s manslaughter.” Chief U.S. District Judge Sul Ozerden sentenced the company Tuesday and imposed… Read More

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