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150th Anniversary Celebration for Van Oord Starts with the Naming of the First LNG Vessel

United States

With a two-day event on the quay of the Biesboschhaven Zuid harbour in Werkendam, Van Oord will launch its first LNG-powered vessel: the Werkendam. To celebrate Van Oord’s 150th anniversary, this event is taking place in Werkendam, the cradle of the company. On Friday 13 April, school children from the surrounding area were given a… Read More

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Yilport Enters the Terminal Market in North America

United States

Yilport Holding A.S., a subsidiary of Yildirim Group, has signed a letter of intent (LOI) with the Mississippi State Port Authority to allow for due diligence and negotiations regarding the potential location of Yilport at Gulfport, USA., which will become Yilport’s first terminal investment in North America. Strategically located on the northern Gulf of Mexico,… Read More

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CHEC Signs Deal to Upgrade Ukraine’s Black Sea Port

United States

The Beijing-based China Harbor Engineering Company (CHEC) on Friday signed an agreement to implement a dredging project at Ukraine’s southern Black Sea port of Chornomorsk. The deal was inked at the Ukrainian Infrastructure Ministry by Lin Tao, the head of the representative office of the CHEC in Ukraine, and Maksym Shyrokov, the head of the… Read More

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Foth Acquires Assets of Massachusetts-Based CLE Engineering

United States

The Foth Companies (Foth), a science and engineering consulting firm based in Green Bay, WI announced it has acquired the assets of CLE Engineering, Inc., an engineering consulting firm headquartered in Marion, MA and with offices in Novato, CA; and San Diego, CA. “We are excited about the expanded business opportunities this acquisition represents, for… Read More

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DCI to go Ahead with Dredgeryard Project at Antarvedi

United States

Dredging Corporation of India (DCI) Chairman and Managing Director Rajesh Tripathi on Wednesday said they would go ahead with their proposal to set up a repair, skill development and maintenance yard for dredgers at Antarvedi in East Godavari district. Speaking on the concluding day of the two-day conference on enhancing port and coastal infrastructure organised… Read More

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DP World Wins 30-Year Concession for Greenfield Port of Banana in the Democratic Republic of the Congo

United States

DP World has won a 30-year concession with an option of a further 20-year extension for the management and development of a greenfield multi-purpose port project at Banana, Democratic Republic of the Congo (DRC). The Port of Banana will be the first deep-sea port in the country along its small coastline of 37 kilometres, which… Read More

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Boskalis to Build Landmark Polder Development in Singapore Worth EUR 400 Million

United States

Royal Boskalis Westminster N.V. (Boskalis) has received a Letter of Award from the Housing & Development Board of Singapore for the development of a polder at the north western tip of Pulau Tekong. The contract value for the joint venture with Penta Ocean Construction Company is approximately EUR 800 million of which Boskalis’ share is… Read More

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HHLA Acquires Estonia’s Biggest Terminal Operator Transiidikeskuse AS

United States

Hamburger Hafen und Logistik AG (HHLA) acquires Estonia’s biggest terminal operator Transiidikeskuse AS. A corresponding contract was signed on 26 March. The new subsidiary will be allocated contractually and organizationally to HHLA International GmbH. This will make HHLA the market leader in container handling at the Port of Muuga, located close to the Estonian capital… Read More

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Boskalis Land Dredging Works in Singapore

United States

Dutch dredging giant Royal Boskalis Westminster joins a consortium which has been awarded a 1.46bn SGD contract for the port development project Tuas Terminal Phase II in Singapore. Boskalis will deploy a range of dredging plant in executing its 30% share of the project, which is valued at some €300m. Boskalis’ consortium partners include Japan… Read More

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Odyssey Marine Exploration Reports Full Year 2017 Results and Updates Current Projects

United States

Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), a pioneer in the field of deep-ocean exploration, reported results for the full year ended December 31, 2017, and provided an update on current projects. Don Diego Project On March 21, 2018, the 11-judge panel of the Superior Court of the Federal Court of Administrative Justice in Mexico ruled unanimously… Read More

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Nord/LB Privatisation on the Cards

United States

Multiple German news outlets are reporting that yet another big name in German ship finance is being readied to be sold off. Hanover’s Nord/LB, one of the largest commercial banks in Germany, owned by the federal states of Lower Saxony and Saxony-Anhalt, could follow HSH Nordbank in being sold off. The bank’s state owners are… Read More

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New Developments at Rohr-Idreco Dredge Systems Europe

United States

Rohr-Idreco Dredge Systems Europe, with a manufacturing plant in Mannheim Germany and second factory in Doetinchem the Netherlands, is delighted to welcome Thomas Kuhn onboard as its Sales Director for Germany and surrounding countries, representing the complete Rohr-Idreco product portfolio. Previously Kuhn worked for another European dredge manufacturer. Thomas brings with him more than three… Read More

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Cochin Port Employees Organisation Calls for Steps to Revive Willingdon Island

United States

Cochin Port Employees Organisation, one of the five major federations of port and dock workers, has demanded the Shipping Ministry to withdraw the Major Port Authority Bill 2016, as it would lead to corporatisation and privatisation of major ports in the country. Submitting a charter of demands, CD Nandakumar, general secretary, CPEO asked the Ministry… Read More

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Gulf Island Books Navy T-ATS and U.S. Wind Tower Contracts

United States

Gulf Island Fabrication, Inc. (NASDAQ:GIFI), confirmed yesterday through its subsidiary Gulf Island Shipyards, L.L.C., it has signed a contract for the construction and delivery of one Towing, Salvage and Rescue Ship (T-ATS) vessel with the U.S. Navy with an option for seven additional vessels. According to the Department of Defense, the shipyard will receive a… Read More

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2017 a Year of Mixed Fortunes for Van Oord

United States

Dutch dredging, marine and offshore company Van Oord says 2017 was dominated by difficult market conditions in the dredging and offshore oil and gas sectors, but it is doing well in offshore wind. The volume of work in offshore wind was stable, and the market dynamic in the offshore wind sector will generate a lot… Read More

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