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India’s state-run Dredging Corporation of India (DCI) has won a USD59 million contract to deepen the approach channel, turning circle, and berths 5, 6 and 7 of Mormugao Port to allow capesize ships to dock at the port, which is located on the country’s western coast. READ FULL ARTICLE HERE
Royal Boskalis Westminster N.V. (Boskalis) has reached a heads of agreement with STRABAG SE for the acquisition of the dredging activities and assets of STRABAG Wasserbau GmbH, formerly known as Möbius Wasserbau. STRABAG Wasserbau, based in Hamburg, is the market leader in the German dredging sector. The company has an annual turnover of approximately EUR… Read More
Officials from the Directorate General of Central Excise Intelligence (DGCEI) arrested the executive chairman of KSR Marine Services Pvt Ltd (Akash Dredging and Marine Services Pvt Ltd) on the charge that the firm evaded paying service tax. The company, which is engaged in providing dredging services, had evaded payment of service tax of over Rs… Read More
Dredging Corporation India has reported a standalone total income from operations of Rs 159.91 crore and a net profit of Rs 17.31 crore for the quarter ended Sep ’15. Other income for the quarter was Rs -0.03 crore. For the quarter ended Sep 2014 the standalone total income from operations was Rs 168.96 crore and… Read More
Information technology services provider Inix Technologies Holdings Bhd ( Valuation: 0.00, Fundamental: 2.10) is being cautious about its new foray into the sand dredging and land reclamation business, and is focusing on delivering projects currently under its belt rather than shoring up business. Inix executive director Mohd Anuar Mohd Hanadzlah said today the company is… Read More
Japan’s Toyo Construction Co has won a contract to undertake dredging work at Lach Huyen Port, a large-scale international deepsea port under construction in Haiphong, northern Vietnam, it announced on 21 December. READ FULL ARTICLE HERE
A Texas marine construction company will rebuild one of Port Manatee’s aging ship berths for $9.14 million as part of the ports continuing waterfront modernization program. This week, the proposal for the work submitted by Orion Marine Construction of Houston won a seven-way bid contest to reconstruct Berth 9 at Port Manatee. Its bid came… Read More
CSC Phoenix, formerly the domestic dry bulk shipping arm of state-run logistics giant Sinotrans & CSC, has resumed stock trading today after nearly two years suspended due to a restructuring. CSC Phoenix’s stock was suspended by the exchange in 2014 due to three consecutive years of losses, and the company completed a restructuring through a… Read More
Great Lakes Dredge & Dock Co LLC has been awarded a US$7,105,000 firm-fixed-price contract with options for construction of the New York – New Jersey Harbor Deepening Project Anchorage Channel Utility Corridor and shoal removal. Bids were solicited via the Internet with three received. Work will be performed in Brooklyn and Staten Island, New York;… Read More
The first unit of the HS 8300 HD, Liebherr’s largest duty cycle crawler crane, will be delivered to Chioggia, Italy. Starting in early 2016, the local customer Zeta will use the crane for dredging work in the Mediterranean Sea. The HS 8300 HD, weighing approximately 240t, will be mounted on a pedestal as part of… Read More
The dredger Hang Bo 3001 caught fire on the berth at Haifa Port in Israel. The fire started on the main deck due to wielding works during repairs, which inflamed and extended to the whole vessel. The crew succeeded to abandon the dredger Hang Bo 3001 and safely evacuated to the shore. The firefighting tugs… Read More
Saipem has been awarded new engineering and construction offshore contracts cumulatively valued at US$196 million (€180 million). The most significant initiatives are: Johan Sverdrup Export Pipelines Project Statoil, on behalf of the Johan Sverdrup partners, has awarded Saipem an installation contract for the Johan Sverdrup Export Pipelines Project. The Johan Sverdrup field is located on… Read More
The Savannah District of the U.S. Army Corps of Engineers has awarded another major environmental mitigation contract for the Savannah Harbor Expansion Project, this one for a raw water storage impoundment — or reservoir — for the city of Savannah. Thalle Construction Co. of Hillsborough, N.C., is expected to begin work next summer on the… Read More
Contract for $6,792,950.00 (including options) awarded. https://www.fbo.gov/?s=opportunity&mode=form&id=a8373f74e8a3645ef0d8bf37f9525be3&tab=core&_cview=0
Construction should begin by this summer on a $40.2 million, raw water storage impoundment for the City of Savannah as part of environmental mitigation for the Savannah Harbor Expansion Project. The U.S. Army Corps of Engineers, Savannah District, awarded Thalle Construction Company of Hillsborough, North Carolina, to build the 17-acre impoundment in Effingham County, Georgia,… Read More