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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
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
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
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
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
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
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
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
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
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
NOAA — the National Oceanic and Atmospheric Administration — is in the process of acquiring two new oceanographic ships as part of its fleet rebuilding effort. Once in service, the new ships will support a wide variety of missions, ranging from general oceanographic research and exploration to marine life, climate and ocean ecosystem studies. Design… Read More