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This week Waterking completed the delivery of a dredging set for the ministry of agriculture in South America The equipment is purchased for dredging drainage channels Waterking arranged also a complete training on location. The entire package consists of a pontoon with 4 spud legs, Damen DOP pump 250 with cutter head A Waterking hydraulic… Read More
Valeport are finishing the year on a real high with our best ever year for Sales. Despite the uncertainties in the UK with Brexit negotiations continuing, the forecast for 2019 is very positive as we enter our 50th Anniversary year. Valeport are currently engaging distributors for valuable feedback so that we can continue to improve… Read More
Gerard A. Gallagher III, who has been Ecology & Environment’s chief executive officer since 2015, left his job at the Lancaster environmental services firm on Monday after seeing his role diminished following a management reshuffling earlier in the year. The departure comes as E&E has started a wave of job cuts throughout its operations by… Read More
Gerd Stensen, like Damen, is a family company. Their dredging work includes but is not limited to the extraction of coral sand for the French agricultural industry. They have previously operated a Damen Stan Tug 1, still going strong after 36 years and recently sold to a vessel operator in the Baltics. Fast delivery The… Read More
Global design firm Stantec has been awarded more than $35 million in assignments for planning and preliminary design of a multi-mission dry dock and other upgrades at Portsmouth Naval Shipyard (PNSY) in Kittery, Maine. The projects represent tasks under Stantec’s $60 million indefinite-delivery/indefinite-quantity (IDIQ) contract for multi-discipline waterfront architect-engineering services for the Naval Facilities Engineering… Read More
Laurel Wealth Advisors Inc. purchased a new position in Great Lakes Dredge & Dock Co. (NASDAQ:GLDD) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 57,499 shares of the construction company’s stock, valued at approximately $356,000. Laurel Wealth Advisors Inc. owned… Read More
Cheniere Energy (LNG, CQP) announced today that Malaysia’s Petronas agreed to buy liquefied natural gas for 20 years from its Sabine Pass export terminal in Louisiana. Cheniere says Petronas will purchase ~1.1M metric tons/year of LNG on a free on board basis for a 20-year term following the date of first commercial delivery for the… Read More
Caterpillar Inc. (CAT) announced today that Zach Kauk, vice president of the Excavation Division, is leaving the company to pursue other opportunities. Replacing Kauk will be Tom Frake, current vice president of Global Power Solutions Division (GPSD). Both moves are effective immediately. “Tom’s deep expertise in both the machine and engine businesses, as well as… Read More
Boston-based Sea Machines Robotics announced today that it has closed a $10 million Series A investment led by Accomplice and Eniac Ventures, with participation from Toyota AI Ventures; Brunswick Corp., through investment partner TechNexus Venture Collaborative; NextGen VP, Geekdom Fund; LaunchCapital; LDV Capital and others. The investment marks one of the largest venture rounds for… Read More
COPENHAGEN, Denmark, Dec. 17, 2018 (GLOBE NEWSWIRE) — The acquisition of OBG is an exciting step forward in Ramboll’s strategic ambition to grow in the US and strengthen its portfolio within water, energy and environmental services, making Ramboll a multidisciplinary player in the US. “We are very excited to be welcoming OBG’s 900 experts to… Read More
U.S. hopper dredge companies visit Washington, DC for a CEOs/Owners Roundtable with General Semonite and staff at U.S. Army Corps of Engineers Headquarters. The Dredging CEOs also attended the December board meeting of the American Maritime Partnership. Later in the evening the dredging executives attended a holiday reception at General Semonite’s Quarters on Fort Lesley… Read More
France engages the environmental expertise of Jan De Nul Group to clean up the oil-polluted beaches along the Mediterranean Sea. This week, Envisan, the environmental subsidiary of the dredging and construction company, signed a contract with the French company Le Floch Dépollution for cleaning up the polluted sand using Envisan’s soil treatment centre near Toulon…. Read More
HOUSTON–(BUSINESS WIRE)–Port Commission Chairman Janiece Longoria was recognized for her 16 years of service to Port Houston during the Port Commission of the Port of Houston Authority’s last regular monthly meeting of 2018, which was held Wednesday. Chairman Longoria has volunteered on the Port Commission since 2002. She has served in the position of Chairman… Read More
The federal government will soon start a $18 million project to rebuild Pleasure Island’s beaches damaged by hurricanes Matthew and Florence, with Washington picking up most of the tab. According to the Army Corps of Engineers, the contract includes the periodic nourishment scheduled for Carolina Beach and Kure Beach every three years, but “is unique… Read More
Royal IHC has opened a new office for IHC Engineering Malaysia (IEM). The subsidiary is currently supporting several IHC departments with cost-effective and flexible engineering activities. “Our shipbuilding and mechanical engineers have gained vast experience in their respective fields in the years since IEM was established”, says General Manager Pim Kruis. “Our strength lies in… Read More