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A 57-year-old Dutch sailor was rescued by a vessel off the Lincolnshire coast. The crew of a Van Oord vessel, Hopper Dredger ‘Ham 316’, were deployed off the coast for the £7 million Lincolnshire Beach Management Project. The vessel was at anchor just after 4am on May 4, when a man in a yacht who… Read More
NORBIT are proud to announce their appointment by the UK Hydrographic Office (UKHO) as the single framework supplier until August 2020 for survey equipment and associated engineering support to enable British Overseas Territories and other Commonwealth Small Island Developing States (SIDS) develop their own hydrographic survey capability to meet IHO standards. NORBIT iWBMS equipment installations… Read More
Developments at Royal Boskalis Westminster N.V. (Boskalis) in 2018 have so far proceeded in line with the market conditions as described during the 2017 annual results presentation. • Revenue virtually unchanged compared to the first quarter of 2017. Continued pressure on margins, particularly at the services activities of Offshore Energy. • Stable fleet utilization at… Read More
Royal Boskalis Westminster N.V. (Boskalis) announces that the Annual General Meeting of Shareholders (the Meeting) held today adopted the 2017 financial statements. All other voting items were also adopted, including: Appointments Mr. J. van der Veer was appointed Chairman of the Supervisory Board succeeding Mr. J.M. Hessels, who resigned as a member of the Supervisory… Read More
A COLERAINE-based waste and environmental specialist has secured a new £3.5 million government contract in the Republic. ATG Group, founded in 2006, has struck the major deal with the Irish Department of Agriculture, Food and the Marine to treat and dispose contaminated dredge material, with work already underway. The contract follows a £1m investment in… Read More
A little Yorkshire Terrier named Gigi is lucky to be alive after he was snatched from the frigid water of New Bedford harbor Tuesday afternoon by a dredging crew working for the EPA. Gigi and his companion, a female chihuahua named Milo, were having a good old time racing around in and out of traffic… Read More
Mercator Ltd intends to highlight an arbitration award it won in the Sethusamudram project in March in an effort to quash a CBI charge-sheet against its Executive Chairman HK Mittal for alleged irregularities in a dredging contract at Paradip Port Trust. In 2007-08, the Dredging Corporation of India Ltd (DCI) chartered three dredgers from Mercator… Read More
Orion Marine Group Inc. (ORN) on Thursday reported first-quarter net income of $4.1 million, after reporting a loss in the same period a year earlier. The Houston-based company said it had net income of 14 cents per share. Losses, adjusted for non-recurring gains, came to 1 cent per share. The results surpassed Wall Street expectations…. Read More
A Starr County man alleges that he was injured twice during his employment on a vessel as a seaman. Adalberto Cepeda filed a complaint on April 17 in the Harris County District Court against Weeks Marine Co. LLC alleging that the vessel owner failed to provide adequate equipment. According to the complaint, the plaintiff alleges… Read More
Thank you and good morning. ….. are now seeing that our restructuring plan is starting to yield results with the first quarter adjusted EBITDA, excluding restructuring increasing to $1 million from the prior year quarter of $11.7 million even though revenues were down quarter-over-quarter. As previously reported, we implemented last year our companywide restructuring plan… Read More
Great Lakes Dredge & Dock Corporation (GLDD), the largest provider of dredging services in the United States and a major provider of environmental and infrastructure services, today reported financial results for the quarter ended March 31, 2018. For the three months ended March 31, 2018, Great Lakes reported revenue of $146.6 million, net loss from… Read More
The state-run Dredging Corporation of India Ltd (DCI) said it “has not violated any provisions of the contract” after the board of trustees of the Central government-owned Mumbai Port Trust scrapped a three-year deal for maintaining the port’s approach channel and other areas. Stung by the termination, the Visakhapatnam-based company also said that its decision… Read More
Royal Boskalis Westminster will now operate its VBMS subsidiary under the Boskalis brand in order to present an integrated offshore energy service offering. The Dutch outfit said its Dockwise and Fairmount subsidiaries will also be run under the Boskalis name. As a first step the company’s Dockwise Vanguard semi-submersible heavy-lift vessel has been renamed BOKA… Read More
Vryhof Anchors has won a number of significant contracts for its Stevshark Rex anchoring solution. Introduced in April 2017, the anchor is available in versions ranging from 3 to 60 tonnes and features radical new fluke and shank geometries “In April 2017 when we launched the Stevshark Rex, we promised that it would redefine the… Read More
Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) today announced that it will release the financial results for its three months ended March 31, 2018 on Wednesday, May 2, 2018 at 7:00 a.m. C.D.T. A conference call with the Company will be held the same day at 9:00 a.m. C.D.T. The call in number is (877)… Read More