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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