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Adani Ports, ace investor Rakesh Jhunjhunwala’s Dharti Dredging and Construction, Mercator and a few other domestic dredging players are in the race to buy the government stake in Dredging Corporation of India (DCI). The government has a 73.47% stake in the PSU. “As the central government has decided to divest stake in a few loss… Read More
The Port of Rotterdam Authority and PUMA signed the contract for the construction of the site of the Offshore Center, the port’s press release says. PUMA (Projectorganisatie Uitbreiding Maasvlakte, Project Organisation Expansion Maasvlakte) is a joint venture of the two Dutch hydraulic engineering firms Royal Boskalis Westminster NV and Van Oord NV for the construction… Read More
Philippines port operator ICTSI is to dredge the Congo river to open ports to mainline ships. The company said it will work with Dredging International to deepen the river to an eventual 40ft-plus in the DR Congo. “This will eliminate current draught restrictions in the Divagante area near Boma, and enable direct calls by mainline… Read More
ICTSI Senior Vice-President and Regional Head of Asia Pacific Christian R. Gonzalez said the firm is currently monitoring three port projects in Africa, one in Asia, and another in an undisclosed location. “We’re pushing ahead with… at least five projects… one, I can’t tell you where, but that’s fairly imminent, and then another one also… Read More
A back-of-the-envelope calculation shows that business tycoon Tan Sri Syed Mokhtar Albukhary may have made at least a cool RM210 million from flipping Penang Port Sdn Bhd from his private outfit Seaport Terminal (Johore) Sdn Bhd to his listed flagship MMC Corp Bhd. To be clear, Seaport Terminal is MMC’s largest shareholder, controlling 51.75% of… Read More
The Western Dredging Associations (WEDA) during its recent annual conference in Vancouver, British Columbia, Canada proudly presented Environmental Excellence Awards in three categories: Environmental Dredging, Navigation Dredging, and Mitigation and Adaptation to Climate Change. The 2017 WEDA Environmental Excellence Award for Environmental Dredging was presented to the project team for Onondaga Lake Restoration in Syracuse,… Read More
It is with deep sadness that Conrad Shipyard announces the death of its founder, John Parker Conrad, Sr. Surrounded by family and friends, Parker died peacefully on July 6 at his home in Morgan City, LA. He was 101 years old. A shipbuilding pioneer and a legend along the Gulf of Mexico coast and beyond,… Read More
The U.S. Army Corps of Engineers, Wilmington District, has a new leader. Friday morning, on board the the Battleship North Carolina, Col. Kevin P. Landers Sr. relinquished command. Col. Robert Clark assumed command during the same ceremony. Col. Clark has deployed several times to Iraq. He also holds several master degrees and military awards. Col…. Read More
Arc Surveying & Mapping, Inc. with offices in Jacksonville and Melbourne Florida, and Memphis Tennessee, was one of the presenters at the Western Dredging Conference in Vancouver, British Columbia. At the WEDA conference, Arc presented the results of an electrical resistivity geophysical survey performed at Port Canaveral, Florida. Electrical resistivity is an innovative and highly… Read More
China Harbour Engineering Company Ltd. (CHEC), which won a tender to carry out dredging works at the Yuzhny port, has sent first vessels to Ukraine, Ukrainian Infrastructure Minister Volodymyr Omelyan has said. “In the middle of July works will start and will last until late March 2018,” he wrote on his Facebook page. “Who forgets… Read More
After an intensive tendering procedure the Flemish-Netherlands Scheldt Committee is planning to award the contract for the construction of the New Lock in Terneuzen to the Sassevaart consortium. The following parties belong to this consortium: BAM Infra B.V., DEME Infra Marine Contractors B.V., Dredging International N.V., BAM Contractors N.V. and Algemene Aannemingen Van Laere N.V…. Read More
Van Oord has won a contract to keep the approach channel to the port of Kandla, India, up to depth, for the next three years. The approach channel is a crucial gateway to the port of Kandla, which is one of the major ports in western India. The contract was awarded by the Client Kandla… Read More
A contract to determine which company will oversee beach renourishment in the Grand Strand has been finalized, the U.S. Army Corps of Engineers, Charleston District, announced Wednesday. The contract is worth $26.3 million. The company overseeing the project will be Great Lakes Dredge and Dock Company, LLC, based out of Illinois. Construction will begin July… Read More
Opposing the central government move of disinvestment of 51 per cent share of Dredging Corporation of India Limited (DCIL), the company employees union and officers association jointly demanded the NDA government to roll-back the decision. The DCIL, a mini navaratna company is attending to all the dredging needs of the Indian ports and also bagging… Read More
Ellicott parent Markel Corporation moves up on Fortune 500 list The $1,000 stock club just welcomed another member. On the heels of Amazon.com and Alphabet passing the $1,000 mark, a far-less prominent company called Markel just crossed the threshold too. It hit a new all-time high of $1,000.06 early in Monday trading. For the year,… Read More