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Anglers at Kingwood’s River Grove Park couldn’t see the opposite bank of the San Jacinto River as they cast their lines into its murky water one recent morning. The view was obscured by a wall of sand pushed into the channel some 10 months earlier by Hurricane Harvey. The Houston Chronicle reports aerial photographs taken… Read More
Great Lakes Dredge & Dock Corporation (“Great Lakes”) (NASDAQ:GLDD), the largest provider of dredging services in the United States and a major provider of environmental and infrastructure services announced today (July 02 2018) the receipt of a several major dredging awards totaling $164 million. The awarded work includes: – the Long Beach project (Coastal Protection,… Read More
Walvisbay-Surfers from around the world are flocking to the Namibian coastline at Skeleton Coast’s Donkey Bay, to surf on one of the best waves on the planet. The legendary Skeleton Bay surf spot is considered the longest sand-bottomed left hand wave in the world and only rose to prominence in surfers circles in 2008 when… Read More
Former President Lee Myung-bak’s controversial project to refurbish the country’s four major rivers was shoddily planned, with Lee making specific design orders and government ministries blindly obeying them, the state audit agency said Wednesday. The Lee administration spent 22 trillion won (US$20 billion) from 2008-2012 on the Four Rivers Project with the goal of preserving… Read More
The U.S. Army Corps of Engineers has approved its final authorization to dredge and widen the channels leading to the Port of Virginia. The Army Corps’ Chief of Engineers’ Report is the final federal review of the project and clears the way for the deepening and widening of the commercial shipping channels serving the Norfolk… Read More
The Port of Vado Ligure is expanding its capacity. Mounted on the barge “Wise”, the Liebherr duty cycle crawler crane HS 8130 HD is removing sediment from the mouth of the port and is increasing the depth of the water to enable trouble-free shipping. As one of the major hubs for ferry services to Corsica… Read More
The search for a new Sandwich harbormaster netted 19 candidates from across the country, but as it turned out, the best of them was already on the job. The board of selectmen on Thursday, June 28, unanimously approved the appointment of Michael S. (Mick) Dunning as the new harbormaster. Mr. Dunning, who has served as… Read More
Jan De Nul Group was awarded major contracts in two Argentinean ports in the course of June 2018, the company said in its press release. The first contract for the 50-feet deepening dredging works of the Port of Quequén was signed with Jan De Nul on 1 June 2018. The second project concerns the maintenance… Read More
Tetra Tech, Inc. (NASDAQ: TTEK) announced today that the U.S. Army Corps of Engineers, Portland District selected Tetra Tech for a $60 million, five-year, multiple-award contract for engineering and design services throughout the Pacific Northwest. The Portland District is responsible for balancing the region’s competing needs for navigation, flood risk management, hydropower, fish and wildlife… Read More
Great Lakes Dredge & Dock (NASDAQ:GLDD) is up 3.9% after hours following its announcement of $164M in awarded contracts. That includes four deals for coastal protection (in New York, South Carolina, North Carolina and Maryland) along with the Corpus Christi La Quinta Channel Widening Project in Texas and the Delaware River Deepening Variation Order. The… Read More
W. P. Carey Inc. (NYSE: WPC), a leading net lease REIT specializing in corporate sale-leaseback, build-to-suit financing and the acquisition of single-tenant net lease properties, today announced the acquisition of a mission-critical portfolio of 14 logistics assets and one corporate headquarters totaling 1,986,841 square feet (184,582 square meters) for approximately $188 million (DKK 1.2 billion)…. Read More
Crews have begun working on a project that will improve fish habitat in an area polluted by gold dredging on the Yankee Fork tributary of the Salmon River in central Idaho. A dredging operation along a section of the river between 1940 and 1952 successfully removed gold from the valley floor, but it significantly altered… Read More
GoodBulk Ltd. announced that, as a result of adverse market conditions, it has ceased marketing of its proposed initial public offering of its common shares, which had been expected to be listed on the Nasdaq Global Select Market. The Company will evaluate the timing for the proposed offering as market conditions develop. About GoodBulk Ltd…. Read More
Kingston District Council, in partnership with the Cape Jaffa Development Group, has recently taken delivery of a Cutter Suction Dredger (CSD) from Damen Shipyards Group. The CSD350 will be used to dredge along the breakwater at Cape Jaffa, the Cape Jaffa marina and within Maria Creek Boat Launch Facility in Kingston. This is the only… Read More
Secretary Wilbur Ross, United States Department of Commerce, appointed Bob Wetta, President and CEO of DSC Dredge LLC to serve on the President’s Advisory Council on Doing Business in Africa (PAC-DBIA). Bob Wetta named Charlie Sinunu, DSC’s Director of International Dredge Sales to his staff and they will help identify commercial opportunities for the United… Read More