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Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) announced that it will release the financial results for its three and twelve months ended December 31, 2017 on Tuesday, February 20, 2018 at 7:00 a.m. C.S.T. A conference call with the Company will be held the same day at 9:00 a.m. C.S.T. The call in number is… Read More
DHI Water & Environment, Inc, a Danish not-for-profit research and consultancy firm regionally headquartered in Denver, CO, has expanded its footprint to now include an Ecology and Environment Department (EED). The EED department will allow DHI to offer a more comprehensive array of ecological and environmental services to their client base in North and South… Read More
Coal transportation and logistics firm Mercator Ltd today reported a consolidated loss of Rs 105.29 crore for the third quarter ended December 2017. The company had reported a Rs 30.42-crore profit after tax during the same period a year ago. Its total income also dropped to Rs 206.90 crore during the reported quarter from Rs… Read More
The Port of Vinton Board of Commissioners voted this week to award the contract for the dredging of the mouth of the Vinton Navigation Channel to Magnolia Dredge & Dock, LLC of Mandeville, La. The successful base bid of $832,672 was the lowest among three bids received by the port during its competitive public bid… Read More
DEME Group’s advanced cable lay vessel Living Stone caught fire while under construction in a shipyard in Santurtzi, Spain. Three persons had to be treated for smoke inhalation on site, a spokesperson for DEME told Offshore WIND. The fire reportedly started on the ship on Thursday, 15 February, at around 4:55 PM local time, and… Read More
Brokerages expect Orion Group Holdings Inc (NYSE:ORN) to post sales of $175.92 million for the current fiscal quarter, Zacks Investment Research reports. Three analysts have made estimates for Orion Group’s earnings. The highest sales estimate is $182.76 million and the lowest is $170.00 million. Orion Group posted sales of $144.30 million in the same quarter… Read More
This conference will be held in Shanghai, China from April 25-29, 2019. The deadline for submission of abstracts is April 10, 2018. The theme of the congress is “Enhance the Harmony between Dredging and Ecology” and the three (3) main forums are: – Environmental dredging makes the world a better place – Towards a new… Read More
The Ukrainian Sea Ports Authority is conducting open tenders for the project of dredging in Chornomorsk port and on February 9 tender bids were disclosed. According to a press release of the agency, among the contestants are four world leaders in dredging: China Harbor Engineering Company Ltd. (China), LTD Novadeal (a subsidiary of DEME Group,… Read More
Organisers have confirmed that one of the main events on the dredging industry calendar, the popular two-day CEDA Dredging Days Conference, will again take place alongside Europort, firmly established amongst the world’s leading maritime exhibitions, in 2019. An agreement between Rotterdam Ahoy, which runs Europort on a biennial basis in the Dutch port city, and… Read More
The Dredging Corporation of India Limited (DCIL) bagged Indian Navy order to the tune of Rs 30.76 crore on Friday. The Indian Navy has invited global tenders for maintenance of dredging of naval sites at Mumbai Port for the year 2018-19. Along with the private operators, the DCIL participated in the bidding process and stood… Read More
“The past year was unusual for A.P. Moller – Maersk, characterized by a cyber-attack and operational challenges in a few hubs. We succeeded in growing the revenue by 13%, improving cash flow and increasing underlying profits from a low 2016 base. However, the financial result shows that significant improvements are still needed. On the other… Read More
DCI reported standalone loss of Rs 22.52 crore for the quarter ended December 2017 due to fall in revenues. However, the company had posted a profit of Rs 14.04 crore in the year-ago period, Dredging Corporation of India said in a filing to BSE. The standalone income of the company declined to Rs 122.90 crore,… Read More
Putting all speculations to rest, the government has approved selling off its entire public stake in the Dredging Corporation of India (DCIL). The move aims to upgrade technology, improve capability, infuse capital to buy necessary dredgers/equipment and instil experienced professional management to optimise operations of the DCIL. The department of investment and public asset management… Read More
The employees of the Dredging Corporation of India (DCI) on Tuesday condemned the statements of Union Minister for Shipping Nitin Gadkari and Minister of State for Shipping Mansukh L Mandaviya to go ahead with disinvestment of the public sector by rejecting their repeated pleas. Mr. Gadkari informed Araku MP K. Geetha that on the recommendation… Read More
A Bay Shore-based dredging crew sprung into action while working on the Nissequogue River in December when a boat capsized, hurling five Town of Smithtown employees into the frigid waters. For their heroic efforts, the seven-man crew, responding medical professionals and first responders, were honored by Smithtown Supervisor Ed Wehrheim (R) during a special ceremony… Read More