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Great Lakes Dredge & Dock Corporation Signs Contract with Philly Shipyard, Inc. to Build the First Jones-Act Compliant Subsea Rock Installation Vessel for U.S. Offshore Wind Historic milestone for domestic offshore wind industry, will create hundreds of U.S. jobs. Major step in establishing U.S.-based rock supply chain for the offshore wind industry. Vessel expected to… Read More
Boskalis and its co-shareholder KS Investments Pte. Ltd. (Keppel) have signed an agreement relating to the sale of their harbor towage activities in Singapore and Malaysia to Rimorchiatori Mediterranei S.p.A. The sale transaction relates to Keppel Smit Towage Private Limited (KST) and Maju Maritime Pte Ltd (Maju). Under the terms of the agreement, Boskalis expects… Read More
Boskalis has been awarded a contract for the transportation and installation of the monopile foundations and substations for an offshore wind farm development with a value of approximately EUR 450 million. Boskalis’ successful track record in offshore wind energy is founded in Europe and has expanded to Asia in recent years and more recently to… Read More
The passage of the $1.2 trillion infrastructure spending package is setting off a mad dash from states and counties seeking federal funds to repair and replace the nation’s crumbling bridges, roads and ports. The legislation will deliver $550 billion of new federal investments to projects over the next five years. Many infrastructure plans have been… Read More
EDF and nearly 100 organizations and experts send a call to action urging the Corps to usher in a new era of comprehensive, equitable and nature-based flood risk reduction (WASHINGTON, DC – Nov. 10, 2021) As a rapidly changing climate fuels stronger hurricanes, more intense rainfall and sea level rise, EDF and nearly 100 organizations… Read More
THIRD-QUARTER HIGHLIGHTS Busy quarter with an increase in revenue Higher utilization in both Dredging and Offshore Energy Salvage: exceptionally quiet quarter Order book: EUR 5.1 billion Solid stable net cash position OUTLOOK FOR 2021 Dredging: busy second half of the year with high hopper fleet utilization Offshore Energy: stable market picture in line with first… Read More
NEAR WINONA, Minn. (KTTC) – The U.S. Army Corps of Engineers has been dredging the Mississippi River for the last few months and this week they’ve started to move thousands of cubic yards of sand near Winona. The corps dredges the river every year from April-November. Removing sand and increasing the river’s depth so barges… Read More
The Hong Kong government vowed to steadfastly encourage the local maritime industry to use of clean energy, while driving the development of smart port initiatives for operational efficiency. “While we seek to expand our maritime industry, we have not forgotten our commitment to sustainable development,” said Hong Kong Chief Executive Carrie Lam. “We have already… Read More
Relationship ushers in new era of engineering innovation for supply chains. Florham Park, New Jersey and Cambridge, Massachusetts – Maersk North America’s warehousing and distribution (WnD) business, called Performance Team – A Maersk Company has signed an agreement with the MassachusettsInstitute of Technology’s Center for Transportation & Logistics (MIT CTL) to accelerate the company’s innovative… Read More
CLEVELAND HEIGHTS, Ohio — City Council plans to move forward as early as next week on a proposed “resolution of concurrence” allowing for the removal of Horseshoe Lake dam, as recommended by the Northeast Ohio Regional Sewer District (NEORSD). The directive to the city law department came Monday (Nov. 8) during a follow-up meeting with… Read More