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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
Uganda’s environmental watchdog has warned of devastating consequences if Chinese investors insist on mining sand from Lake Victoria. The National Environment Management Authority (Nema) spokesperson, Naomi Karekaho, said Chinese firm Mango Tree Group Ltd was only permitted to manufacture ships and must first seek approval to engage in sand extraction. “We want to categorically state… Read More
Great Lakes Dredge & Dock, the largest provider of dredging services in the United States and a major provider of environmental and remediation services, has announced that the Board of Directors has appointed Lawrence R. Dickerson as Board Chair effective February 1, 2018. Mr. Dickerson is assuming the role from Robert B. Uhler who requested… Read More
Great Lakes Dredge & Dock, the largest provider of dredging services in the United States and a major provider of environmental and remediation services, today announced that Kathleen Mackie LaVoy has been elected Senior Vice President, Chief Legal Officer and Corporate Secretary and Annette Cyr has joined the Great Lakes team as Vice President of… Read More
China Harbour Engineering Co (CHEC) has signed a memorandum of understanding (MOU) with the Sri Lankan government on funding for a building complex on the reclaimed land of the Colombo port city, according to media reports on Wednesday. CHEC will invest $1 billion to build the Colombo International Finance City complex, Sri Lanka’s business newspaper… Read More