It's on us. Share your news here.
It's on us. Share your news here.
Jan De Nul Group wins the ‘DPC Coastal Port Dredging Project of the Year Award’ for its sustainable approach in port dredging. This award was presented during a ceremony in Amsterdam yesterday evening, organised by IHS Dredging and Port Construction, a leading maritime publication. With these annual awards, DPC is promoting innovation, efficiency and sustainability… Read More
The U.S. Army Corps of Engineers has delivered its Fiscal Year 2019 Work Plan for the Army Civil Works program to Congress. On September 21, 2018, President Donald Trump signed into law the Consolidated Appropriations Act, 2019, which provides $6.999 billion in FY 2019 appropriations for the program. The work plan funds to completion 15… Read More
So the Dredging Corporation of India (DCI) is not being privatised, but its sale to four state-owned Major Port Trusts is not much to celebrate. It is merely a move by the Modi government to meet its disinvestment target while allaying the massive opposition it faced while trying to privatise the DCI, less than a… Read More
Jaxport will receive $46 million to deepen a portion of the St. Johns River, the project’s largest federal contribution to date. The funds were allocated in the U.S. Army Corps of Engineers work plan Wednesday, according to a statement from Sen. Marco Rubio’s office. Jaxport has now been allocated almost $100 million in federal funds… Read More
The big shareholder groups in China Dredging Environment Protection Holdings Limited (HKG:871) have power over the company. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. I generally like to see some degree of insider ownership, even if only a little. As… Read More
A maritime expert and also Chief Executive Officer, Safewater Energy and Environmental Restoration Limited, SWEERGLOBAL, Dr Thaddaeus Thompson, has tasked the Federal Government on dredging and ports’ rehabilitation across the country in order to explore its maritime economy for massive flow of foreign direct investments. Thaddaeus stated this in an interview, while baring his mind… Read More
At the glass house office of Azikel Group of Companies in Ogbogura community of Bayelsa State, the staff are few. But the traffic of tippers loading sand at the dredging site, to a discerning eye, tells the true story of the business that has catapulted Dr. Eruani Azibapu, president of the group, to high-class businessman… Read More
Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States and a major provider of environmental and infrastructure services, reported improved financial results November 6 for the quarter ending September 30. Great Lakes reported revenues of $204.3 million, net income from continuing operations of $11.7 million, and earnings before… Read More
Mario Cordero spoke to FreightWaves last week from Hong Kong, where he was making the rounds with customers following the World Shipping Summit in Shanghai. He talked about record container volumes, tariffs and the status of billions of dollars in Port modernization projects. On the Port’s heady FY 2018 volumes “The record volumes commenced with… Read More
Arcadis NV (AMS:ARCAD), which is in the construction business, and is based in Netherlands, saw significant share price volatility over the past couple of months on the ENXTAM, rising to the highs of €15.79 and falling to the lows of €10.93. This high level of volatility gives investors the opportunity to enter into the stock,… Read More
A ship broker has confirmed that his company is listing the decommissioned U.S. Coast Guard Cutter Bramble for sale. “It’s listed with my office in Fort Lauderdale,” said Randy Kluge with the International Yacht Corporation in Fort Lauderdale, Florida. The decommissioned Coast Guard ship, which is owned by Bob and Sara Klingler of Marine City,… Read More
Quantum Capital Management reduced its holdings in Great Lakes Dredge & Dock Co. (NASDAQ:GLDD) by 78.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 61,350 shares of the construction company’s stock after selling 217,571 shares during the quarter. Quantum Capital… Read More
Salina JournalWhen the Q to Q ferry hit a big of a snag on Tuesday morning, Fraser River Pile and Dredge was quick to come to the rescue. Queensborough resident George Holm and his dog Zoe made their way to the dock for their regular morning ride to the Quay, when he noticed that one… Read More