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One of the largest ports in Latin America, Santos port in São Paulo state, is getting closer to having its administration handed over to the private sector. The process is now very advanced. After a series of projects and analyses, a federal government decree issued at the end of July formally included the Santos Port… Read More
The technology group Wärtsilä will carry out an upgrading project of the electrical and automation systems to ensure optimal reliability of the Kribi power plant in the Republic of Cameroon. The 216 MW plant has been in operation for nearly ten years, operating with 13 Wärtsilä 50DF dual-fuel engines running primarily on natural gas. At… Read More
Construction work has started on the £60m Pembroke Dock Marine project at Pembroke Port. One of the nine projects in the Swansea Bay City Deal, the first phase of the project will see the construction of a new supersize slipway and workboat pontoons at Britain’s biggest energy port, owned and operated by the Port of… Read More
The U.S. Army Corps of Engineers, St. Paul District, is seeking comments on its draft Environmental Assessment, or EA, released today, Aug. 22, for the St. Paul Small Boat Harbor dredging in Ramsey County, Minnesota. The project, located on the lower end of Harriet Island in St. Paul, Minnesota, would promote safer transportation for small… Read More
With passage of the Inflation Reduction Act, which contains US$370 billion for climate and energy programs, policy experts are forecasting a big expansion in clean electricity generation. One source that’s poised for growth is offshore wind power. Today the U.S. has just two operating offshore wind farms, off of Rhode Island and North Carolina, with… Read More
Louisiana elected officials, federal partners and maritime stakeholders joined the Big River Coalition in New Orleans, August 16, to celebrate the U.S. Army Corps of Engineers (USACE) completion of the first two phases of the deepening of the Mississippi River Ship Channel, which presently provides a maximum draft for vessels to the Port of New Orleans at… Read More
First 50-foot Draft Ship Transits Ship Channel Louisiana elected officials, federal partners and maritime stakeholders joined the Big River Coalition to celebrate the U.S. Army Corps of Engineers (USACE) completion of the first two phases of the deepening of the Mississippi River Ship Channel, which presently provides a maximum draft for vessels to the Port… Read More
HOUSTON, Aug. 18, 2022 (GLOBE NEWSWIRE) — Orion Group Holdings, Inc. (NYSE: ORN), a leading specialty construction company, today announced that Travis Boone has been named President and Chief Executive Officer and member of the Board of Directors, effective September 12, 2022. Austin J. Shanfelter will step down as Interim CEO at that time and… Read More
KEY FIGURES FIRST HALF YEAR 2022 Revenue: EUR 1.61 billion (H1 2021: EUR 1.32 billion) EBITDA: EUR 292 million including EUR 50 million exceptional gain (H1 2021: EUR 226 million) Net profit: EUR 116 million including EUR 37 million exceptional items (H1 2021: EUR 72 million) Order book: EUR 5.37 billion (End of 2021: EUR 5.41 billion) OUTLOOK SECOND HALF OF 2022… Read More
Sheboygan has spent millions of dollars to prevent a disaster as devastating as the flood of 1998. But with Lake Michigan water levels expected to rise and continue to undergo extreme fluctuations, the City of Sheboygan and a regional research group are preparing additional planning and projects to address a future with more flooding and erosion. These… Read More