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Adani Ports Dredging Fleet Emerges as India’s Largest

United States

Adani Ports and Special Economic Zone today said it has added two new dredgers to become the largest fleet in the country. “Adani Ports and Special Economic Zone Limited (APSEZ), India’s largest port developer and part of Adani Group today announced the addition of two new 8000 m3 Trailing Suction Hopper Dredgers (TSHDs),” the company… Read More

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Ellicott Dredges and Caterpillar Marine Celebrate Over Fifty Years of Success Together

United States

Founded in Baltimore, MD in 1885, Ellicott Dredges is the world’s oldest and largest builder of medium-sized cutter suction dredges. A leader in the dredging industry, Ellicott built all of the dredges used in the original construction of the Panama Canal, and through the years, they have been an innovative and influential source for design and… Read More

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Geraldine Knatz, PhD, Joins Dewberry Board of Directors

United States

University of Southern California professor and former executive director of the Port of Los Angeles confirmed during December board meeting. Chairman Barry K. Dewberry and Dewberry Chief Executive Officer Donald E. Stone, Jr., announced the confirmation of Geraldine Knatz, PhD, following the firm’s most recent board meeting. Dewberry is a privately held professional services firm… Read More

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Watershed District Administrator Resigns

United States

The Shell Rock River Watershed District board announced Thursday that District Administrator Brett Behnke resigned effective Wednesday. “It has been my honor to serve 13 years for the district,” Behnke said in a resignation letter read by watershed board Chairman Dan DeBoer Thursday. “Getting the permit for the dredging was a long road, but we… Read More

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YRDL to Acquire Wuhan Economic Development Port Co.

United States

International infrastructure company Yangtze River Development Ltd. (YRDL), which engages in industrial and logistics real estate development in China’s Yangtze River, has an agreement in place to purchase Wuhan Economic Development Port Co. (WEDPC), YRDL confirmed in a filing with the U.S. Securities and Exchange Commission. WEDPC is a large infrastructure development project positioned in… Read More

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Govt Seeks Bids from Advisors for Sale of Dredging Corp, HLL

United States

The government today invited bids from transaction advisors for the sale process of three PSUs, including Dredging Corporation of India. The government plans to sell 100 per cent stake in HLL LifeCare Ltd and Indian Medicines Pharmaceutical Corporation Limited (IMPCL) through strategic sale via a two-stage auction process. Entities willing to act as transaction advisors… Read More

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Great Lakes Announces Changes to Board of Directors

United States

Great Lakes Dredge & Dock Corporation (the “Company” or “Great Lakes”) (NASDAQ:GLDD), the largest provider of dredging services in the United States and a major provider of environmental and remediation services, today announced that Kathleen M. Shanahan and Ronald R. Steger have been appointed to the Board of Directors’ 2018 and 2019 director classes, respectively,… Read More

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A.P. Møller – Mærsk A/S: Maersk Line Obtains Final Regulatory Approval and Closes the Acquisition of Hamburg Süd

United States

On 1 December 2016, Maersk Line announced its intention to acquire Hamburg Süd. The acquisition triggered a regulatory approval process in 23 jurisdictions which was successfully concluded on Tuesday 28 November with the approval of the acquisition by the Korea Fair Trade Commission. “With the final approval of the acquisition we have reached an important… Read More

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Van Oord Receives DPC Innovation Award for Maldives Project

Van Oord has been awarded a DPC Innovation Award for its innovative and sustainable approach to a land reclamation project in the Maldives. During the award ceremony in London, Van Oord won the award in the ‘Innovation in Project Design – Open Water/ Coastal Dredging’ category, the company said in its press release. Van Oord… Read More

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Van Oord Receives DPC Innovation Award for Maldives Project

United States

Van Oord has been awarded a DPC Innovation Award for its innovative and sustainable approach to a land reclamation project in the Maldives. During the award ceremony in London, Van Oord won the award in the ‘Innovation in Project Design – Open Water/ Coastal Dredging’ category, the company said in its press release. Van Oord… Read More

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New CEDA Paper Encourages All Parties to Dredging Contracts to Start Thinking and Keep Thinking

United States

Prepared by members of its new Dredging Management Commission (DMC), the Central Dredging Association – CEDA – has published a new paper entitled “CEDA’s checklist for successful dredging management”. The document is a generic but comprehensive list to help identify and avoid problems with dredging projects at an early project stage, and should benefit all… Read More

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Centre May Go Slow on DCI Sale

United States

Faced with severe criticism from the Opposition parties as well as a section of Telugu Desam Party, which is a part of the BJP-led NDA government at Centre, a fresh talk is doing rounds that there is still a possibility of putting on hold the Union Cabinet’s decision for total disinvestment of Dredging Corporation of… Read More

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Saudi Aramco Inks Pacts to Build Two Industrial Units

United States

Saudi Aramco, the world’s biggest oil producer, signed two agreements with the Royal Commission for Jubail and Yanbu (RCJY), a government body that manages free zones in the country, to set up two industrial projects at Ras Al-Khair Industrial City. The commission will allocate two parcels of land to Aramco where it will build an… Read More

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Confidence in $583M Lindeman Revamp

United States

The owners of Lindeman Island resort have shown their enthusiasm for a $583million revitalisation project by quickly addressing environmental concerns. The Coordinator-General requested the island owner, White Horse Australia Lindeman, provide additional information for its environmental impact statement on October 18. This week the office received the company’s revised plan which scraps major sticking points… Read More

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Firm Reopens Nigerian Dredging Site Sealed for Tax Evasion

United States

The Azikel Group, an indigenous sand dredging firm, has resumed business in spite of the sealing of its site by Bayelsa Board of Internal Revenue (BIR) on December 15, over alleged tax evasion amounting to N30 million. A News Agency of Nigeria correspondent who visited the premises of the firm on Friday reported that the… Read More

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