Measutronics and HYPACK will be presenting a practical multibeam survey course which will include on water training in Vancouver, Washington, June 11-15. This course will cover hardware installation, calibration, data acquisition, and post processing using HYPACK/HYSWEEP and PPK Tides in Trimble Business Center (TBC). An overview of POSPac MMS will also be presented. Seating is… Read More
The U.S. Army Corps of Engineers announced today that Maj. Gen. Scott A. Spellmon has assumed his new duties as the Deputy Commanding General for Civil and Emergency Operations at its headquarters. As the DCG-CEO, Spellmon will be responsible for the nationwide USACE Civil Works program which includes water resource development activities such as flood… Read More
Royal Boskalis Westminster N.V. (Boskalis) announces that 72.1% percent of the shareholders will receive a dividend in the form of ordinary shares. As a result, 3,990,974 shares will be distributed as stock dividend. For the stock dividend, Boskalis will issue 2,026,444 new ordinary shares. The remaining 1,964,530 shares were repurchased last year through the share… Read More
Ted Smith is the kind of guy who, if he finds a fork in the road, he takes it. In other words, when opportunity knocks, he opens the door. Silly puns aside, Smith has made a career out of making the right decisions at the right time. His latest? To retire and dismantle his 20-year… Read More
A month after the Union Cabinet approved the proposal for the sale of the entire equity of the government in the Dredging Corporation of India, an employee committed suicide throwing himself before a train. Though the incident caused severe resentment among the 500-odd employees, they continued their peaceful struggle and worked hard to prove their… Read More
On 9 May 2018 the dividend of Royal Boskalis Westminster N.V. (Boskalis) for the financial year 2017 has been determined at EUR 1.00 per ordinary share. This dividend shall be distributed in the form of ordinary shares, unless a shareholder opts to receive the dividend payment in the form of cash. With the dividend distribution… Read More
KfW IPEX-Bank is financing the reinforcement of the Afsluitdijk Project in the Netherlands in cooperation with four other commercial banks and the European Investment Bank (EIB). Within the framework of a complex PPP financing structure, the banks are together providing borrowed funds of around EUR 815 million for the major project. KfW IPEX-Bank is making… Read More
With the company already onsite working for the U.S. Army Corps of Engineers, the Iron County Board of Supervisors awarded the contract for its share of the Saxon Harbor marina’s dredging to Roen Salvage Tuesday. The company — based in Sturgeon Bay, Wis. — was awarded the $2,779,533 contract to dredge approximately 21,100 cubic yards… Read More
The Board of Duke Offshore on May 30 has approved the company to enter into the dredging sector for deepening and widening of rivers, inland waterways and other associated areas. The Board has also recommended issue of bonus shares subject to AGM and other mandatory approvals. Source: BS
DREDGING CORPORATION OF INDIA LTD. has reported financial results for the period ended March 31, 2018. The company has reported net sales of Rs.168.19 crores during the period ended March 31, 2018 as compared to Rs.136.56 crores during the period ended March 31, 2017. The company has posted net profit of Rs.17.11 crores for the… Read More
John T. (KZ) Kondratowicz—the first occupant of the newly built harbormasters’ office at the Sandwich Marina—will be leaving the building. His retirement, after less than two years at the helm, was announced last week by Town Manager George H. (Bud) Dunham. “He has been ready to retire,” Mr. Dunham told the board of selectmen Thursday,… Read More
Imotec Projects, a Dutch company which operates in the maritime and offshore market, and Reliance Naval & Engineering Ltd., signed a MoU to make dredgers in India. The cooperation will involve building dredgers for the local market and for specific applications. Reliance will build the dredgers on their shipyard and Imotec Projects will deliver dredging… Read More
A partnership that once ran industrial and dredging operations on the bayfront, before the Convention Center creeped closer and closer to its operations, will walk away with a more than $32 million payoff if the initiative to expand the Convention Center once more wins in November. On June 12, the City Council and Port commissioners… Read More
It answered a query from the Singapore Exchange to disclose transaction details. Keppel Corporation (Keppel) said that Keppel Singmarine’s contracts with Van Oord to build two high-specification dual-fuel powered Trailing Suction Hopper Dredgers (TSHDs) are valued at $212m. This followed the Singapore Exchange’s (SGX) query on the value of the contacts and the option. Keppel… Read More
The offshore energy industry is constantly moving forward. Despite challenging times in the industry, there are impressive achievements that require celebration. Navingo brings the industry together to celebrate some of these successes with the Offshore Energy Awards. The Award for “Best Innovation in Offshore Energy” is intended to highlight the best innovation in the entire… Read More