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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
The Dredging Summit & Expo ’18, a technical conference organized by the Western Dredging Association (WEDA) to promote the exchange of knowledge in fields related to dredging, navigation, marine engineering and construction, kicks off June 25-28, 2018 in Norfolk, Virginia. The conference provides a forum for improvement of communications, technology transfer, and cooperation among associations… Read More
The U.S. Army Corps of Engineers Galveston District announced today that RLB Contracting, Inc., was the apparent low bidder in the amount of $33,988,050.00 for emergency dredging of the West Fork of the San Jacinto River. “This emergency project funded by FEMA involves the removal of 1.8 million cubic yards of material within 270 days,”… Read More
The Coastal Zone Management Authority and Institute is celebrating twenty years of existence. The occasion is being celebrated under the theme “Celebrating 20 years of Promoting the Sustainable Use and Management of Belize’s Coastal Zone. The Coastal Zone Management Authority & Institute was birthed out of a need to protect Belize’s natural resources which became… Read More
CHINA Harbour Engineering Company (Chec) has been awarded 23 projects in Papua New Guinea and the Solomon Islands since 2011 with a total contract value of more than US$800 million (K2.6 billion), an official says. Project manager Yuan Huiming said Chec was a subsidiary of China Communications Construction Company Ltd, a state entity. Huiming said… Read More
Carolina Dybeck Happe will assume responsibility as Chief Financial Officer (CFO) of A.P. Møller – Mærsk A/S, effective no later than 1 January 2019. She comes from a position as CFO of ASSA ABLOY, the global leader in door opening solutions. “Carolina Dybeck Happe brings significant experience from a company with a strong organic and… Read More
The IIT Madras National Technology Centre for Ports, Waterways & Coasts (NTCPWC) recently established at the institute as the technological arm of the Union shipping ministry, is doing its best to boost the development of indigenous technology and expertise in India’s port and maritime sector. The unit will be focusing on a host of areas,… Read More
A joint venture between a Filipino investor and a Korean businessman has expressed keen interest in investing in Zambales, particularly in the dredging and desilting projects of its river channels clogged with lahar sand. AJ Marketing and Consultancy Services, a partnership between Filipino businessman Jonathan Mendoza and Korean Andrew Lee, signed a Memorandum of Agreement… Read More