Singapore – Seatrium Limited (“Seatrium”, and together with its subsidiaries, the “Group”) wishes to announce that it has entered into a binding agreement with Brazilian vessel operator, Posidonia Shipping and Trading Ltda, an unrelated third party, to sell 100% equity interest in its indirect wholly-owned subsidiary, Guanabara Navegação Ltda (“GNL”). GNL is a special purpose… Read More
At Indo Pac 2025, Austal Australia and Greenroom Robotics have announced that, following extensive trials and successful testing, future Austal Vessels have the option to include Greenroom’s GAMA and Lookout+ technology to transform them into fully autonomous vessels. Significantly, this unique collaboration aims to achieve rapid autonomy and AI integration, creating intelligent maritime systems in as… Read More
Dredging and coastal protection company Great Lakes Dredge & Dock GLDD missed Wall Street’s revenue expectations in Q3 CY2025 as sales rose 2.1% year on year to $195.2 million. Its GAAP profit of $0.26 per share was 50.7% above analysts’ consensus estimates. Is now the time to buy Great Lakes Dredge & Dock? Find out by accessing our… Read More
A Central Water and Power Research Station report said that dredging from Sangam to Asham will not serve the purpose of flood mitigation. Srinagar: The recent floods in the Kashmir valley which damaged crops and property worth crores triggered a debate on dredging of the river Jhelum as the means of flood mitigation to the valley… Read More
In the Barhalganj area, erosion is taking place near eight villages including the Distwalia-Musadohi road. In Gyankol village, half of a house was washed away in front of the Chief. Top officials of the Irrigation Department camped at the erosion site in Chillupar (Gorakhpur). Efforts to protect villages located in the Diara region of the Barhalganj region… Read More
