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The Dredging Corporation of India (DCI) has registered a 66% increase in profit after tax to Rs 62.40 crore during the 2014-15 fiscal as compared to Rs 37.54 crore in 2013-14. This was despite a lower total income of Rs 743.79 crore for the fiscal as compared to Rs 772.70 crore for 2013-14 According to… Read More
The Pentagon says Weeks Marine Inc., of Covington, Louisiana, has won a $6.5 million contract for maintenance dredging in Texas. It was one of two bidders for the Army Corps of Engineers contract for the Brazos Island Harbor jetty channel and an option for Brazos Island Harbor entrance channel. The estimated completion date is Feb…. Read More
On the order of the Van Oord – Boskalis joint venture, one of Van Oord’s largest trailing suction hopper dredgers, Vox Máxima, has started the dredging work for the creation of Pluit City, an artificial island in the bay of Jakarta, Indonesia. The growth of Jakarta’s population by 800,000 people per year has resulted in… Read More
The Netherlands’ Royal IHC has launched the 1,840m3 capacity twin-screw trailing suction hopper dredger’ Mahury’ at partner shipyard MTG Dolphin Shipyard in Varna, Bulgaria. The vessel is being built for Baggerbedrijf de Boer (Dutch Dredging) and is that company’s fourth IHC-built vessel, following Albatros, Lesse and Amazone. Mahury is an upgraded version of the Albatros,… Read More
This consortium, consisting of BAM-PGGM and Volker Wessels-DIF will be responsible for design, construction, financing and maintenance of the new lock for a period of 26 years. The dredging and dry earth works will be carried out by the Van Oord – Boskalis joint venture. A new, larger lock system will improve the accessibility of… Read More
The company has been awarded the first phase of the Marker Wadden development by the country’s Department of Public Works (Rijkswaterstaat). The project scope includes the construction of an island with underwater landscaping and carries a contract value of €33m, with work commencing early next year. The initiative for a group of islands (Marker Wadden)… Read More
Liebherr has just announced that their first model of the HS 8300 HD, the largest duty cycle crawler crane of Liebherr’s well-known HS series, has been sold to the Chioggia (Italy) based customer Zeta S.r.l. This piece of equipment will be installed on a ship for various dredging jobs in the Mediterranean Sea and it… Read More
IMS is pleased to announce the patent pending 7012 HP JetMaster Versi-Dredge. The new technology allows for heavy duty water jet excavation of consolidated materials, environmental dredging and water injection dredging. dredge-jet-master-1“We designed the JetMaster to increase the versatility of the 7012 HP. There is no other dredge in the world that has the ability… Read More
Royal Boskalis Westminster N.V. (Boskalis) has emerged as the best submitter of the tender to reinforce over 33 kilometers of dike around the Markermeer lake between the towns of Hoorn and Durgerdam, the Netherlands. This was announced by the Hollands Noorderkwartier district water board (HHNK). The project will be structured according to an alliance contract… Read More
Weeks Marine Inc. of Covington, Louisiana, has a $25 million contract to dredge Pascagoula Harbor in Mississippi. The work has an estimated completion date of Oct. 9, 2016, with specific funding to be decided with each order. The contract was among those on the Pentagon’s list of contracts signed Monday. The Pentagon says Weeks Marine… Read More
Jan De Nul has completed the acquisition of the heavylift jack-up vessel Vidar from German construction company Hochtief. The deal, first reported by subscriber-only newsletter reNEWS in July, has officially gone through, the Belgian group confirmed this morning. Vidar was commissioned in 2013 and is designed to install offshore wind farms, boasting a crane that… Read More
The North Dakota Army National Guard will promote Col. Robert A. Fode of Bismarck to brigadier general on Sunday. A 2 p.m. ceremony on Sunday is planned at the Raymond J. Bohn Armory theater in Bismarck. North Dakota adjutant general Maj. Gen. David Sprynczynatyk will preside over the ceremony. Fode is a native of Mobridge…. Read More
Great Lakes Dredge & Dock Corporation GLDD, +1.14% the largest provider of dredging services in the United States and a major provider of environmental and remediation services, today announced that its Board of Directors has approved a share repurchase program authorizing the Company to repurchase up to $15 million of its common stock. Under the authorization,… Read More
DryShips (NASDAQ:DRYS) announced a couple of days ago that it would sell 13 Capesize and 4 Panamax ships to entities affiliated with CEO George Economou. The company has already agreed to sell its entire tanker fleet, also to Economou-controlled entities. Perhaps more surprising, it announced that it was classifying the remaining drybulk ships as “held… Read More
The Netherlands-based Royal IHC is sailing toward more than $125 million in business-to-business e-commerce revenue in 2015. Royal IHC, a manufacturer of dredging and mining vessels and maritime equipment based in the Netherlands, is sailing toward more than $125 million in business-to-business e-commerce revenue in 2015, up 25.6% from $100.22 million in 2014, it projects…. Read More