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Ben LeBlanc always loved the marine life, becoming a scuba diver at age 15 and starting his own one-man diving service in Delcambre, Louisiana, the following year. The idea came from a former Navy diver who lived in his hometown. He taught Ben how to do “wheel jobs,” which involve underwater removal of ropes and… Read More
China Harbour Engineering Company (CHEC) has expressed its interest in investing in the Bulgarian Black sea ports of Varna and Burgas, conservative GERB party, the senior partner in Bulgaria’s government coalition, said. CHEC is interested in establishing an industrial zone for export of grain products, GERB said in a statement, following a meeting of a… Read More
Morrish-Wallace Construction Inc., of Cheboygan, Mich., (d.b.a.) Ryba Marine Construction, was awarded a contract for more than $2.8 million by the U.S. Army Corps of Engineers (USACE), Detroit District to replace MacArthur Lock embedded anchorages at the Soo Locks Complex in Sault Ste. Marie, Mich. “This contract involves removing existing gate anchorages, then fabricating and… Read More
Significant synergies between the two well-established groups mean that Gardline’s global client base and extensive activity in the marine geophysical, offshore geotechnical and environmental survey sectors perfectly complement the services already offered by Boskalis. The acquisition sees Boskalis fulfil its strategic ambitions to establish a position in the offshore survey market and become a specialist… Read More
The Army Corps of Engineers expects to award the contract for upcoming beach replenishment work on Long Beach Island to Weeks Marine Inc. by Sept. 30, the end of the federal government’s fiscal year, according to Public Affairs Officer Steve Rochette. Harvey Cedars, Surf City and from 31st to 57th Street in the Brant Beach… Read More
The U.S. Army Corps of Engineers expects to start dredging the St. Johns River in December after awarding a $22.8 million contract for the first phase of the harbor deepening project. The award to The Dutra Group of San Rafael, Calif., “is a key milestone for an important project that improves port infrastructure so vital… Read More
The Jacksonville Port Authority Board of Directors unanimously voted Monday to hire longtime JAXPORT executive Eric Green as Chief Executive Officer. “Eric Green has demonstrated in his period of service to JAXPORT, and his period as interim CEO, that he will be a great asset to this port as CEO,” said Chairman Jim Citrano in… Read More
Colombian octogenarian Mariano Ospina-Hernandez (MBA 1951) is the resolute visionary behind an ambitious proposal to improve and expand the country’s transportation infrastructure. His foresight could open new possibilities for international commerce and travel by linking some of South America’s largest rivers. “Our biggest problem in Colombia, as in most of our underdeveloped countries, is poverty,”… Read More
Essar Ports is contemplating refinancing its debt of around Rs 3,000 crore to bring down the interest cost. “Essar Ports’s debt is around Rs 3,000 crore with present interest rate of 11%. Ideally, we would like it to be somewhere at 9% and are looking at ways to refinance our debt,” said Rajiv Agarwal, managing… Read More
The Antimonopoly Committee of Ukraine has filed Ligos UA LLC (Mariupol, Donetsk region) and Ukrzviazokhydrobud LLC (Odesa) totally UAH 23 million for collusion resulted in the misrepresentation of the results of the tender to buy dredging works at the Yuzhny seaport (Odesa region) announced in August 2015. According to a decision of the committee issued… Read More
French shipping company CMA CGM has signed shipbuilding contracts for its nine 22,000 TEU Ultra Large Container Vessels (ULCVs) with state-run China State Shipbuilding Corporation (CSSC) Group. The nine vessels will be the largest containerships ever constructed. The shipbuilding contracts come on the heels of CMA CGM confirming its plan to construct the long-rumored vessels… Read More
On the heels of CMA CGM’s order for nine record-breaking 22,000 TEU containerships, Mediterranean Shipping Company has confirmed it has placed its own order for eleven new vessels each with a capacity of 22,000 TEU. Although the newbuilding order has not been officially announced, a spokesperson for MSC has confirmed the order in a statement… Read More
World Marine of Alabama (WMA) has been awarded a contract to drydock and repair the Army Corps of Engineers hopper dredge Wheeler. Since the Wheeler’s commissioning at Avondale Shipyards in 1982, WMA’s facility in Mobile, Ala., has drydocked and repaired the dredge on many occasions, including a complete repowering of the vessel in 2012, the… Read More
Advancing the Tomorrow’s Port Canaveral vision to accommodate future growth for the world’s second-busiest cruise port, Canaveral Port Authority engaged long-time partner CH2M to design a new terminal to support its cruise business, which currently accounts for 80 percent of the Port’s revenue. The new terminal will join the Port’s Cruise Terminal One, also designed… Read More
A.P. Møller – Mærsk A/S [A.P. Moller – Maersk] has signed an agreement to sell Maersk Tankers A/S [Maersk Tankers] to APMH Invest A/S, a subsidiary of A.P. Moller Holding A/S [A.P. Moller Holding] for USD 1,171 mill. in an all-cash transaction. The transaction entails a market upside provision regulating total payment should the product… Read More