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Announcement Of Unaudited Interim Results For The Six Months Ended 30 June 2015 Interim Results The board of directors of China Dredging Environment Protection Holdings Limited announces the unaudited consolidated interim results of the Company and its subsidiaries (the “Group”) for the six months ended 30 June 2015, together with the unaudited comparative figures for the six months… Read More
Great Lakes Dredge & Dock Co. (NASDAQ:GLDD) Director Nathan Leight acquired 19,000 shares of the business’s stock in a transaction on Monday, August 24th. The shares were purchased at an average cost of $5.28 per share, for a total transaction of $100,320.00. Following the completion of the acquisition, the director now directly owns 251,313 shares… Read More
A hefty fine issued to a company which admitted illegal dumping off the coast of Cornwall does not go far enough, environmental campaigners have said. Westminster Dredging Ltd was ordered to pay a total of more than £43,500, including costs, when it appealed at Plymouth Magistrates Court over its activities in Whitsand Bay. The company… Read More
Portland Harbour in Dorset has joined forces with contractor Jan De Nul in a bid to win work for the up to 970MW Navitus Bay offshore wind farm near the Isle of Wight. The partners will under a memorandum of understanding, and if selected, construct gravity base foundations for Eneco and EDF’s Round 3 project… Read More
Onezhsky Shipyard plans to build dredging equipment to the order of FSUE Rosmorport. This issue was discussed at the meeting of the first deputy head of Karelia Oleg Gromov with the representatives of Rosmorport and Wasa Dredging (Finland), says press center of the Republic of Karelia. Wasa Dredging works as a marine offshore and inland… Read More
A new cutter suction dredger (CSD), designated JDN8069, is being built by Uljanik Brodogradiliste shipyard in Pula, Croatia, for Jan De Nul Group. It is expected to be the world’s biggest cutter suction dredger, when operational in 2017. Jan De Nul Group awarded a contract to Uljanik shipyard for the large self-propelled CSD JDN8069 in… Read More
Royal Boskalis Westminster (Boskalis) has reported a net profit of $338.8m in the first half of 2015, a rise of 21% compared to the same period a year earlier when it posted a $279.6m profit. Revenues in the first half of the year rose 1.6% to $1.73bn compared to H1 2014 of $1.71bn. Results in all… Read More
In just one month, drybulk shipping company DryShips (NASDAQ:DRYS) has dropped almost 45% on the stock market. This is not surprising, as the weakness in the commodity markets has taken a toll on DryShips’ financial performance of late and pushed the stock close to its 52-week lows. In fact, the company released woeful second-quarter results… Read More
Great Lakes Dredge & Dock Co. (NASDAQ:GLDD) Director Nathan Leight bought 13,000 shares of Great Lakes Dredge & Dock Co. stock in a transaction that occurred on Thursday, August 20th. The stock was purchased at an average cost of $5.52 per share, for a total transaction of $71,760.00. Following the acquisition, the director now owns… Read More
Ecology & Environment, the Lancaster-based environmental services firm, is one of seven companies awarded a $90 million contract from the U.S. Army Corps of Engineers. The three-year contract, with an option for a two-year extension, primarily will pay for the cost of studying and designing clean-up projects at federal Superfund sites, as well as some… Read More
Government’s 5 per cent stake sale in Dredging Corporation of India (DCI) got over-subscribed today on strong demand from retail investors, fetching Rs 53 crore to the exchequer. With the third disinvestment of the current fiscal, the government has netted over Rs 3,300 crore though minority stake sale in PS .. The issue generated bids… Read More
After a lifetime of almost 100 years, the Northern lock in IJmuiden needs replacement. Rijkswaterstaat (the Dutch Highways and Waterways Agency) has awarded the construction of the new IJmuiden sea lock, which is located at the entrance to the North Sea Canal, officially to the Consortium OpenIJ. This consortium, consisting of BAM-PGGM and Volker Wessels-DIF… Read More
Navios Maritime Holdings Inc. (BULK) (NYSE: NM) $11 9 . 8 million revenue for Q 2 2015 Dividend of $0.06 per share for Q 2 2015 Chartering captures recovery from first half low Strong balance sheet – $ 181 . 3 million of cash Low o perating expenses – significantly below industry average Diversified investment… Read More
Hawaiian Dredging Construction Co. is owed at least $24.5 million from Hu Honua Bioenergy for work the Honolulu-based general contractor has done at the Big Island biomass plant, Hawaiian Dredging’s general counsel and vice president confirmed to PBN. In December, Hu Honua Bioenergy, which is in the process of refurbishing the power plant originally built… Read More
German manufacturer MAN Diesel & Turbo is to supply the engines for what will be the world’s largest cutter suction dredger (CSD), ordered by Belgium dredging company Jan De Nul. Currently designated JDN8069 and being built at Croatian shipyard Uljanik Brodogradiliste in Pula, the vessel will feature one MAN 14V48/60CR and two MAN 9L48/60CR engines…. Read More