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A Covington company will begin work this month to restore 8.1 miles of the Pensacola Beach shoreline, according to the Pensacola News Journal. The project will replace sand loss caused by Hurricanes Gustav, Ike, Ida and Isaac, as well as natural background erosion over the last 10 years. The work will be done by the… Read More
China Communications Construction Co. (1800) wants to raise up to HK$7.8 billion in Hong Kong via a float of its dredging unit to finance the acquisition of new ships and to upgrade its existing fleet. It plans to use the rest of the IPO proceeds for overseas business expansion, research and development and establishment of… Read More
Maryland Port Administration (MPA) has appointed Christina E Correale to oversee the dredging programme for its new harbour development. Ms Correale comes to the MPA after five years as principal of the EcoLogix Group, where her duties included serving as a senior advisor to the MPA on dredged material management projects. She was previously chief… Read More
Royal IHC named the MAHURY, a 1.840m3 capacity twin-screw trailing suction hopper dredger (TSHD), on 29 October 2015 at its partner MTG Dolphin’s shipyard in Varna, Bulgaria. The new TSHD is Baggerbedrijf de Boer – Dutch Dredging’s fourth IHC-built vessel. Dutch Dredging named the vessel after its tradition of reusing the names of sold or… Read More
Integral Consulting Inc. (Integral) will use ocean-depth sediment profile imaging (SPI)/plan view camera system to conduct baseline and post-disposal monitoring for a dredging and disposal project in Douglas Harbor, Alaska. The company was awarded the subcontract by Western Marine Construction of Seattle, Washington, who is conducting the dredging, disposal, and capping for the U.S. Army… Read More
Just a few days from now, trailing suction hopper dredge Pelican will begin maintenance dredging of the Lakes Entrance Bar in Victoria, Australia. According to the Gippsland Ports announcement, the Pelican will be carrying out dredging operations on the Lakes Entrance Bar for a period of approximately six weeks starting Friday 6th November 2015. During… Read More
The APM Global Terminal Network will enter China’s fast-growing grain import market as part of a joint venture with Qingdao Port International, continuing APM Terminals’ ongoing expansion into port and terminal operations outside containerized cargo handling. The newly developed Qingdao Port Dongjiakou Multi-Purpose Terminal, in which APM Terminals will hold a 20% share, is located… Read More
Inix Technologies Holdings Bhd is optimistic over outlook, given its diversification initiative into the promising dredging and land reclamation services industry. It is doing this via a 30 per cent stake in Galactic Maritime (M) Sdn Bhd. Executive Director Chow Hung Keey said Inix has also proposed a two-for-one rights issue and detachable warrants to… Read More
Royal IHC has aquired raser Hydraulic Power (FHP) in he UK and Robbins Technology Group (RTG) in Brisbane, Australia. In so doing it has expanded its offshore rental fleet and gained a stronger foothold in the mining market. Founded in 1986, FHP designs and builds systems for laying subsea cables and umbilicals with tracked engines… Read More
Malaysian luxury property developer Eastern & Oriental (E&O) has selected infrastructure giant China Communications Construction Company (CCCC) for major land reclamation works on the second phase of its high-end residential development on Penang Island. Under the contract, worth just over $534m (RM2.320bn), CCCC’s newly formed Malaysian subsidiary will dredge to reclaim 891 acres for phase… Read More
Great Lakes Dredge & Dock Corporation in the US has reported financial results for the quarter ended September 30, 2015 and nine month period to that date. For the quarter ended 30 September 2015, Great Lakes reported revenue of US$220.8 million, net income of US$0.3 million, and adjusted EBITDA of US$23.1 million. During the quarter,… Read More
A consortium of the Netherlands’ Van Oord Dredging and Marine Contracting and India’s JSW Group is the sole remaining bidder for a contract to deepen the channels at state-owned Mormugao Port in Goa, India. The outer channel will be dredged to 19.8 m and the inner channel to 19.5 m to accommodate Capesize vessels. This… Read More
The contractor for the Hanhikivi 1 nuclear power plant, Titan-2, has awarded a contract for dredging of the harbour basin at Hanhikivi to Wasa Dredging Oy Ltd. The contract covers removal of soil and transportation of the dredged material to a marine spoil area in accordance with permits granted by the Regional State Administrative Agency… Read More
HOUSTON, Oct. 27, 2015 (GLOBE NEWSWIRE) — Orion Marine Group, Inc. (NYSE:ORN) (the “Company”) today announced it will release its financial results for the third quarter of 2015 on Thursday, November 5, 2015, at approximately 5:00 a.m. Eastern Time/4:00 a.m. Central Time. The Company will conduct a telephone briefing at 10:00 a.m. Eastern Time/9:00 a.m…. Read More
OAK BROOK, Ill., Oct. 27, 2015 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) today announced that it will release its financial results for the three and nine months ended September 30, 2015 on Tuesday, November 3, 2015 at 7:00 a.m. C.S.T. A conference call with the Company will be held the same… Read More