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Mumbai-based Protocol Insurance Surveyors and Loss Assessors Pvt Ltd, an asset valuer has started assessing the assets of the Dredging Corporation of India (DCI) to go ahead for strategic sale of its equity. The asset valuer visited DCI in Vizag on Monday and they will finish the work by Tuesday evening. Ignoring the protests from… Read More
A.P. Moller – Maersk is accelerating the business transformation after a year of solid progress in becoming the global integrator of container logistics. The areas Finance, Transformation, IT and Digital, which today are organized in one function will be divided into a fully focused finance function and functions focused on IT, Strategy, Digital and Transformation…. Read More
Dear Fellow Stockholder: Our Board of Directors joins me in extending to you a cordial invitation to attend the 2018 Annual Meeting of Stockholders of Great Lakes Dredge & Dock Corporation. The meeting will be held on Wednesday, May 2, 2018, beginning at 1:00 P.M. Central Daylight Time at the Le Méridien Hotel Chicago –… Read More
UAE-based Lamprell, a provider of fabrication, engineering and contracting services, has announced that construction work at its new joint venture maritime yard at Ras Al Khair in eastern Saudi Arabia is under way. The joint venture company, International Maritime Industries Company (IMI) , is a partnership between Lamprell, Saudi Aramco, the National Shipping Company of… Read More
A consortium led by BAM and Van Oord has won a €550m (£485m) project to strengthen a key dyke in the Netherlands. Rijkswaterstaat, which is part of the Dutch Ministry of Infrastructure & the Environment, has awarded the Afsluitdijk project to the Levvel consortium. The JV is formed by Van Oord Aberdeen Infrastructure Partners (46%),… Read More
Deltares, an independent institute, specialising in research in water and sub-surface has been entrusted the project to arrest the beach erosion, said Chairman of Visakhapatnam Port Trust MT Krishna Babu. Deltares is preparing a design, tender estimates and technical support and the DPR is expected to be completed by January 2019. In an official release… Read More
TRC Companies Inc., a leader in engineering, environmental consulting and construction-management services, has been awarded a pair of awards from the Environmental Business Journal – one for business achievement and the other for an innovative remediation project to remove lead sediment from the Mill River in Fairfield, Conn. “Our mandate at TRC is to make… Read More
A new subsidiary of Babcock Power Environmental Inc., a fully integrated environmental company providing solutions to utility power plants, waste-to-energy facilities, and large industrial applications worldwide, has purchased substantially all of the assets of Geo-Synthetics, LLC (GSI), Waukesha, WI. GSI is a leading installer of geosynthetic materials for industries such as energy, waste disposal, agricultural,… Read More
Arc Surveying & Mapping, Inc. and Dredging & Marine Consultants, LLC have combined services forming ArcDMC Sediment Solutions, LLC (DBA ArcDMC). The company located in Melbourne, Florida provides topographic, hydrographic surveying, geophysical surveys as well as engineering and scientific services including planning, environmental permitting, and project management. ArcDMC specializes in environmental restoration project strategies that… Read More
Royal Boskalis Westminster N.V. (Boskalis) announces that CEO Peter Berdowski today acquired 50,000 Boskalis shares. The shares were purchased by Mr Berdowski with his own funds through a bank. This announcement is made in addition to the legal AFM disclosure requirement for share transactions by a board member. Source: Boskalis
The Beijing-based China Harbor Engineering Company (CHEC) has won the tender for a dredging project at Ukraine’s Black Sea port of Chornomorsk, the Ukrainian authorities said on Wednesday. The CHEC beat four companies from Ukraine and Europe with a bid price of about 15.6 million U.S. dollars, the Ukrainian Sea Ports Authority (USPA) said in… Read More
On 14 March 2018, Andrey Tarasenko, Acting Governor of the Primorsky Territory, met Ma Jinlian, head of Moscow office of China Communications Construction Company (CCCC). The parties discussed participation of ???? in construction of Zvezda shipyard at Bolshoy Kamen. In autumn, the Chinese corporation signed a contract on construction of a dry dock and three… Read More
Expect CM to oppose sale of equity Deepening of differences between the TDP and the BJP has given a glimmer of hope among the employees of the Dredging Corporation of India (DCI) that the State will adopt a serious stand over the Centre’s decision to go ahead with the strategic sale of its total equity… Read More
Manson Construction Co. was awarded the 2018-2020 Maintenance Dredging, Anchorage Alaska project, a multi-year contract with options, by the U.S. Army Corps of Engineers, Alaska District. The scope of work involves maintenance dredging approximately 1,100,000 cubic yards of shoaled material annually at the Port of Alaska. Source: Manson
Royal Boskalis Westminster N.V. (Boskalis) achieved a net profit of EUR 150 million in 2017, in line with expectations. This compares to a net loss of EUR 564 million in 2016 as a result of EUR 840 million of non-cash impairment charges. Revenue declined by 10 per cent to EUR 2.34 billion (2016: EUR 2.60… Read More