Product and Technical Innovation
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Damen signs with Gerd Stensen for Stan Tug 1606

Netherlands

Gerd Stensen, like Damen, is a family company. Their dredging work includes but is not limited to the extraction of coral sand for the French agricultural industry. They have previously operated a...

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Stantec Selected for $35 Million Critical Infrastructure Design at Portsmouth Naval Shipyard in Maine

ME, United States

Global design firm Stantec has been awarded more than $35 million in assignments for planning and preliminary design of a multi-mission dry dock and other upgrades at Portsmouth Naval Shipyard (PNSY)...

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Laurel Wealth Advisors Inc. Invests $356,000 in Great Lakes Dredge & Dock Co. (GLDD)

IL, United States

Laurel Wealth Advisors Inc. purchased a new position in Great Lakes Dredge & Dock Co. (NASDAQ:GLDD) in the third quarter, according to the company in its most recent 13F filing with the Securities...

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Cheniere Energy, Malaysia's Petronas sign 20-year LNG Deal

TX, United States

Cheniere Energy (LNG, CQP) announced today that Malaysia's Petronas agreed to buy liquefied natural gas for 20 years from its Sabine Pass export terminal in Louisiana.Cheniere says Petronas will...

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Caterpillar Appoints Tom Frake Vice President of the Excavation Division

United States

Caterpillar Inc. (CAT) announced today that Zach Kauk, vice president of the Excavation Division, is leaving the company to pursue other opportunities.Replacing Kauk will be Tom Frake, current vice...

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Sea Machines Raises $10 Million in Series A Funding

MA, United States

Boston-based Sea Machines Robotics announced today that it has closed a $10 million Series A investment led by Accomplice and Eniac Ventures, with participation from Toyota AI Ventures; Brunswick...

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Danish Firm Rambol Acquires US based OBG, Known for Major Lake Restoration Projects in North America

Denmark

COPENHAGEN, Denmark, Dec. 17, 2018 (GLOBE NEWSWIRE) -- The acquisition of OBG is an exciting step forward in Ramboll’s strategic ambition to grow in the US and strengthen its portfolio within water,...

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U.S. Hopper Dredge CEOs / Owners Meet with Lt. Gen. Todd Semonite, Chief of Engineers and Commanding General US Army Corps of Engineers

WA, United States

U.S. hopper dredge companies visit Washington, DC for a CEOs/Owners Roundtable with General Semonite and staff at U.S. Army Corps of Engineers Headquarters. The Dredging CEOs also attended the...

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DSC Dredge’s Miller Retires

LA, United States

Miller embarked on his career in the early 1980’s when he began working for Kenner Marine & Machinery (KMM). Following several consecutive KMM positions, David completed his final 10 years there...

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Jan De Nul Cleans up Polluted Beaches Along the Coast in Southern France

Luxembourg

France engages the environmental expertise of Jan De Nul Group to clean up the oil-polluted beaches along the Mediterranean Sea. This week, Envisan, the environmental subsidiary of the dredging and...

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Port Houston Salutes Port Commission Chair

TX, United States

HOUSTON--(BUSINESS WIRE)--Port Commission Chairman Janiece Longoria was recognized for her 16 years of service to Port Houston during the Port Commission of the Port of Houston Authority’s last...

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Pleasure Island Beach Nourishment to Repair Damage From Hurricanes

NC, United States

The federal government will soon start a $18 million project to rebuild Pleasure Island's beaches damaged by hurricanes Matthew and Florence, with Washington picking up most of the tab.According to...

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Royal IHC Ready for Next Step in Malaysia

Malaysia

Royal IHC has opened a new office for IHC Engineering Malaysia (IEM). The subsidiary is currently supporting several IHC departments with cost-effective and flexible engineering activities. “Our...

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Caterpillar Board Of Directors Elects CEO Jim Umpleby As Chairman

IL, United States

The Board of Directors of Caterpillar Inc. (NYSE: CAT) elected Jim Umpleby, the company's Chief Executive Officer, to the additional position of Chairman of the Board. Umpleby has been a member of the...

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Dredging Market Top Key Players Royal Boskalis Westminster N.V, China Harbour Engineering Company Ltd., Van Oord NV, DEME Group

Dredging is an important industry with its uses in many spheres. As the population of the world keeps on increasing, particularly in the coastal areas, more amount of coastal land needs to be...