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A Luxembourg investment vehicle set up by German insurance group Alte Leipziger and Hallesche has bought Van Oord’s 10% stake in the 600MW Gemini offshore wind farm in the Dutch North Sea. WPD Invest advised Alte Leipziger and Hallesche on the deal and said the insurance group is looking to invest in other offshore projects…. Read More
HK Mittal, the Executive Chairman of Mercator Ltd, and four former top officials of State-run Dredging Corporation of India (P Sridharan, MVR Murthy, SS Tripathi and PV Ramana Murthy) have been charge-sheeted by the Central Bureau of Investigation (CBI) in a case relating to the now-stalled Sethusamudram Ship Canal Project, as well as another dredging… Read More
Ellicott Dredge Enterprises has unveiled a new website to provide more detailed information on dredge types, brands and applications. Customers can visit the site at https://www.ellicottdredges.com/; the company has also produced a companion video which can be viewed at https://youtu.be/mVzbqJTwsOM. Ellicott Dredge Enterprises was founded in 1885 and features four different dredging brands – Ellicott… Read More
Royal Boskalis Westminster N.V. (Boskalis) has emerged as best bidder in a tender to construct an artificial island in the IJmeer lake adjacent to the existing IJburg islands. Boskalis was informed about this result by the municipality of Amsterdam, the Netherlands. Based on the current plans the contract is valued at around EUR 85 million…. Read More
Markel Corporate files required reports with the SEC for the period ending March 31, 2018. Full information can be found online. Source: Seeking Alpha
Weir has entered into a binding agreement to acquire ESCO Corporation (“ESCO”), a US company based in Portland, Oregon, for an equity value of US$1,051m and an estimated enterprise value of US$1,285m. ESCO is the global market leader in highly engineered GET for surface mining and construction. ESCO is a global business with 10 manufacturing… Read More
United Development Company (UDC), one of the largest Qatari shareholding companies and master developer of The Pearl-Qatar, has signed three contracts worth QR 334 million for the development of Gewan Island. The Gewan project was unveiled by HE Sheikh Abdullah Bin Nasser Bin Khalifa Al Thani, Prime Minister and Minister of Interior at Cityscape Qatar… Read More
The General Meeting of Shareholders of Van Oord N.V. was held on 19 April 2018. During this meeting the 2017 Annual Report was presented and it was decided to change the composition of the Supervisory Board. Composition of Supervisory Board After twelve years as a member of the Supervisory Board, ten of them as chairperson,… Read More
The CMA CGM Group, a world leader in maritime transport, and Lekki Port LFTZ Enterprise (LPLE), the promoters of Lekki Deep Sea Port, are pleased to announce the signing of a Memorandum of Agreement to operate Lekki Port’s future container terminal. Located in Nigeria, Africa’s largest economy, the future Lekki Deep Sea Port will be… Read More
Substructure was chosen by the environmental dredging contractor to provide hydrograpahic survey support for a multi-phase navigation and environmental dredging project on the Cocheco River in New Hampshire for the USACE New England District. The dredging work for this shallow-water project included both excavator dredging of fine sediments and hoe ram work to remove several… Read More
Partrac Ltd., the Scottish-based Marine Survey and Coastal Consultancy group founded in 2003, is pleased to announce the launch of its US subsidiary, Partrac GeoMarine, Inc. The launch is timed to coincide with the Offshore Technology Conference (OTC) 2018 to be held in Houston from April 30 – May 3. Partrac GeoMarine Inc. is based… Read More
The chairman of real estate developer Sobha Group, PNC Menon, has said that the 25 billion UAE dirham ($6.8 billion) Firdaus Sobha planned for an island in the emirate of Umm Al Quwain will be launched ahead of this year’s Cityscape Global exhibition in October, with infrastructure work likely to start “between June and July”…. Read More
In line with Abu Dhabi Ports’ commitment to promote adoption of international best practices for health, safety, and environment (HSE) in the workplace, the company hosted the first edition of its NEESHAN Awards, which recognises the contributions of departments, individuals, and customers. The NEESHAN awards, held during the same month as World Day for Safety… Read More
US-based Enterprise Products Partners has bought a 65-acre waterfront site on the Houston Ship Channel to facilitate its next phase of expansion at Enterprise Hydrocarbon Terminal (EHT) situated on the channel. The new site is situated to the east of EHT and comprises two docks and dredging infrastructure that will be used for maintenance and… Read More
A leading global shipping line, Hapag – Llyod which is a multi-national German based transportation company, has began its operations to the port of Mombasa. Hapag Llyod is the world’s sixth largest container carrier in terms of vessel capacity. MV Spero Majura, which is a ship operated by Hapag – Llyod made its maiden trip… Read More