Great Lakes Dredge & Dock (NASDAQ:GLDD) was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating in a report issued on Tuesday, October 23rd. Several other analysts also recently weighed in on GLDD. Zacks Investment Research downgraded Great Lakes Dredge & Dock from a “strong-buy” rating to a “hold” rating in… Read More
Engineering consultancy Arcadis has confirmed two senior appointments in its UK wing, as the firm prepares for a busy 2019. Steve Bromhead takes on the role of Chief Operating Officer, while Tom Morgan will work as Arcadis’ UK Client Development Director. The infrastructure of the future will require new thinking to maximise quality of life… Read More
Thames Water Utilities Ltd., Microvi Biotechnologies, and WesTech Engineering, Inc. are conducting a collaborative demonstration for transformational wastewater treatment at the Thames Water treatment plant in Sherfield-on-Loddon, UK. This demonstration of Microvi’s proprietary treatment technology, Microvi MNE™, was installed and commissioned in June. The Microvi MNE process could work within Thames Water’s existing infrastructure and… Read More
Unaudited Quarterly Financial Statements Announcement For The First Quarter Ended 30 September 2018 1(a)(i) An income statement and statement of comprehensive income, or a statement of comprehensive income for the group, together with a comparative statement for the corresponding period of the immediately preceding financial year.
In the third quarter of 2018, A.P. Moller – Maersk progresses in the strategic business transformation, reporting growth in both Ocean and non-Ocean with a total revenue increase of 31% to USD 10.1bn, 12% excluding Hamburg Süd. Growth in non-Ocean was at 15%, which now contributes 31% of total revenue. In addition, synergy effects where… Read More
Ten charges have been laid against DP World, the Prince Rupert Port Authority and its contractors, Fraser River Pile and Dredge Inc., BelPacific Excavating and Shoring Limited Partnership and Bel Contracting for fisheries violations. Fisheries and Oceans Canada (DFO) wrapped up its investigation looking into allegations that fish were seriously harmed during the Fairview expansion… Read More
A marine construction company in northern Michigan has been awarded more than half a million dollars to dredge in the River Rouge. The U.S. Army Corps of Engineers, Detroit District awarded Ryba Marine Construction Company in Cheboygan $736,000 to dredge the River Rouge in southwest Detroit on Wednesday. According to the Corps, Ryba Marine will… Read More
Rhode Island has received $280,000 in federal funding to help protect the coastline from rising seas and storm surges as part of $29 million in grants announced Friday through the newly created National Coastal Resilience Fund. Officials from the National Fish and Wildlife Foundation and the National Oceanic and Atmospheric Administration announced the 35 grants… Read More
Local officials and economic developers are worried about what lurks in the Old Champlain Canal, but they don’t want state and federal agencies to take years to clean it up. Gary Klawinski, director of the U.S. Environmental Protection Agency’s Hudson River Field Office, said the canal has detectable levels of PCBs, which are industrial chemicals… Read More
Humboldt County’s final election night report, released early Wednesday morning with 87 of 144 precincts reporting, shows incumbent Division 4 Harbor Commissioner Richard Marks with 62.30 percent of the vote against challenger Marian Brady’s 37.55 percent. PREVIOUS UPDATE: Humboldt County’s third election night report, with 66 of 144 precincts reporting, shows incumbent Division 4 Harbor… Read More
Royal Boskalis Westminster N.V. saw revenue increase in the third quarter compared to the quarterly average for the first half of the year. The operating profit (EBIT adjusted for extraordinary charges) also increased compared to the quarterly average for the first half of the year and the order book stood at EUR 3.8 billion, virtually… Read More
There is an estimated 17,000 cubic yards of silt clogging the channel in Neabsco Creek. To put that in perspective, one cubic yard of saturated silt can typically weigh up to 3,000 pounds. That means 51 million pounds of soil or 25,500 tons of silt needs to be removed in order to maintain the channel… Read More
DREDGING CORPORATION OF INDIA LTD. (DREDGECORP.BO) shares are showing positive signals short-term as the stock has finished higher by 17.89% for the week. In taking a look at recent performance, we can see that shares have moved 32.49% over the past 4-weeks, -36.31% over the past half year and -47.86% over the past full year…. Read More
“Big money sentiment for Great Lakes Dredge & Dock Corp (NASDAQ:GLDD) in Q2 2018 increased to 1.2, according to Securities and Exchange Commission filings. So its up 0.32, from 2018Q1’s 0.88. 36 institutional investors started new and increased equity positions, while 30 cut down and sold their holdings in Great Lakes Dredge & Dock Corp… Read More
Markel Corporation (NYSE:MKL) just updated its long list of earnings successes. The best takeaways from the quarter come from the rapidly growing Markel Ventures business. It recently recorded another acquisition, a strong investing performance (boosted by a strong summer for equity securities) and, most importantly, a very promising development in the insurance business, which dodged… Read More