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A Mandeville-based company will dredge the mouth of the Vinton Navigation Channel to a depth of 10.5 feet, opening the door for recruiting new tenants at the Port of Vinton, port officials said. Earlier this month, the port’s board awarded the work contract to Magnolia Dredge and Dock LLC. The $832,672 bid was the lowest… Read More
The employees of Dredging Corporation of India (DCI) are planning to make a joint bid to buy out the government’s stake in the company that is up for privatisation, a company official has said. ”We are thinking on those lines,” a BusinessLine report quoted B Hanuma Naik, joint general manager (technical) and president of DCI… Read More
Leicestershire construction materials giant Aggregate Industries has a acquired a £25m turnover business based in the South East The aggregates to asphalt, ready-mixed concrete and precast concrete products business based at Bardon Hill, Coalville, has bought aggregates and ready-mix concrete manufacturer and dredging specialist Kendall Group. The acquisition allows Aggregate Industries to expand its operations… Read More
Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD), the largest provider of dredging services in the United States and a major provider of environmental and infrastructure services, today reported financial results for the quarter and year ended December 31, 2017. For the three months ended December 31, 2017, Great Lakes reported revenue of $191.7 million, net… Read More
Great Lakes Dredge & Dock Corp conducted a Q4 2017 Earnings Conference Call on February 20, 2018. Participating were: GLDD Executives: Abigail Sullivan – IR, Lasse Petterson – CEO & Director, Mark Marinko – CFO and Senior VP. Analysts: Jonathan Tanwanteng – CJS Securities, Andrew Casella – Deutsche Bank AG, Benjamin Klieve – NOBLE Capital… Read More
Royal Boskalis Westminster N.V. (Boskalis) has received a Letter of Award from the Maritime and Port Authority of Singapore (MPA) for the port development project Tuas Terminal Phase II in Singapore, also referred to as Tuas Terminal Finger Pier 3. The contract value for the consortium, including Penta Ocean Construction Company and Hyundai Engineering &… Read More
Established as a separate unit under the command of the Ukrainian Sea Ports Administration (USPA), a new branch – “Dredging fleet” – has begun its operations, Interfax-Ukraine reports. According to the administration’s press service, Serhiy Bomchak has been appointed as the head of the division. Bomchak was previously in charge of the Ukrainian River Ports… Read More
The All India Coordination Committee of Public Sector Trade Unions has called upon all trade unions barring BMS to resort to direct action at an appropriate time in protest against disinvestment and other anti-labour policies being pursued by the Central government led by Prime Minister Narenda Modi. A decision to this effect was taken at… Read More
It remains a lengthy process to get all of the necessary permits, but Kent city officials hope to start dredging Mill Creek in 2020 to reduce flooding in the Valley. The groups that must sign off on the estimated $10 million project include the U.S. Army Corps of Engineers, the state Department of Fish &… Read More
At Ellicott Dredges’ southwest Baltimore facility, a variety of dredging equipment in the company’s signature red, white and blue colors are ready to be shipped across the world. Since the company’s start in 1885, Ellicott Dredges has designed and manufactured over 2,000 dredges for customers in over 100 countries — including all of the dredges… Read More
There will be no retrenchment of employees of Dredging Corporation of India Ltd (DCI) for five years after the state-owned company is privatised through the strategic sale route, according to a proposal being weighed by the government, an official said seeking to assuage employees’ concerns over the sale. Mumbai-listed DCI — a profit-making entity —… Read More
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