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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
Orion Group Holdings, Inc., a leading specialty construction company, today reported net income of $9.5 million ($0.34 diluted earnings per share) for the three months ended December 31, 2017. These results compare to net loss of $6.3 million, ($0.23 diluted loss per share) for the same period a year ago. Excluding net benefits of $4.3… Read More
A.P. Møller – Mærsk A/S [A.P. Moller – Maersk] has received all regulatory approvals and has completed the sale of Mærsk Olie og Gas A/S [Maersk Oil] to Total S.A. [Total], which was announced on 21 August 2017. A.P. Moller – Maersk has transferred its shares in Maersk Oil to Total and as consideration received… Read More
Australian contractor John Holland has secured a contract worth A$225 million ($174 million) to build a new runway at the Sunshine Coast Airport located in Queensland, Australia. Under the terms of the contract, which was awarded by Sunshine Coast Council, John Holland will construct a new 2,450m x 45m main runway. The new runway will… Read More
The House Committee on Oversight and Government Reform’s Subcommittee on the Interior, Energy and Environment will hold a hearing titled, “Examining the U.S. Army Corps of Engineers (USACE).” Port of Corpus Christi CEO Sean Strawbridge will testify to the crucial role that Port of Corpus Christi plays in facilitating American energy exports and the partnership… Read More
A Quincy businessman has secured a $122 million contract to deepen some of the shipping lanes in Boston Harbor. Jay Cashman, who owns several heavy-construction and dredging companies based in Quincy, will be paid by the Army Corps of Engineers to dredge portions of the harbor to provide access for larger ships. The bid documents… Read More
State-owned port operator Pelindo III has contracted Van Oord to carry out dredging works in the port of Benoa, Bali. Access to this port needs to be improved to accommodate the increasing number of tourists. Execution of the work will start soon and is expected to be completed within the year. The Indonesian island of… Read More
The Danish Energy Agency has issued its approval of A.P. Møller – Mærsk A/S’ [A.P. Moller – Maersk’s] sale of Mærsk Olie & Gas A/S [Maersk Oil] to global oil major Total S.A. [Total], including the conditions for such a transfer. As part of the agreement Total will take over Maersk Oil’s organisation, portfolio, obligations… Read More
According to multiple local media reports, BAE Systems is winding down operations at its Mobile, AL, shipyard. Reportedly, BAE Systems is ceasing ship repair operations at the yard effective immediately. A ship construction project at the yard will continue through the spring, but it is anticipated 155 of 170 employees will depart by the end… Read More