The most recent research on Sand and Gravel (Industrial) Market from 2024 to 2032 provide a Compound Annual Growth Rate (CAGR). This latest research report provides a thorough analysis of the key players in the industry, report offers detailed information on market overview, industry chain analysis, industry competitive analysis, company profiles, and trade statistics across various regions…. Read More
Hagadone Marine Group is pleased to announce the acquisition of Murphy Marine Construction Inc. assets on Lake Coeur d’Alene. This acquisition represents a significant expansion of Hagadone Marine Group’s capabilities, allowing for enhanced marine services and internal project completion. The newly acquired assets adjacent to Blackwell Island Marina include 145 new wet slips, increasing Hagadone… Read More
The Minister of Marine and Blue Economy, Adegboyega Oyetola, yesterday in Lagos commissioned two newly acquired 80 tons bollard pull tugboats to enhance the berthing of vessels at the Dangote Refinery and Lekki Deep Seaport. Named MT IRAGBIJI, and MT BAMA, the vessels are expected to support port security, patrol, and surveillance and to deliver… Read More
MSC has bought BAL Container Line’s two 14,000 teu vessels being built at Jiangnan Shipyard, as the Swiss-Italian mainline operator continues to consolidate its record market leadership (by capacity) position. Shanghai-based BAL, which operates a South-east Asia-Japan service, ordered the ships when it ventured into long-haul lanes during the pandemic-induced boom in 2022. However, BAL’s intermediate holding… Read More
Royal Boskalis B.V. (Boskalis) has signed an agreement to acquire all remaining shares (50%) in Smit Lamnalco. Smit Lamnalco offers terminal services and had an annual revenue of approximately USD 275 million and EBITDA of USD 100 million in 2023. This transaction is subject to customary conditions including the approval of regulatory authorities. Boskalis is… Read More
Agence Française de Développement (AFD), European Investment Bank (EIB) and Afremixbank are putting N768 billion together to support investors to open Lagos- Abdjan waterways for transportation. Findings revealed that AFD and EIB would support the investor with N768 billion (€411 million), while Afreximbank will roll out N94 billion ($61.5 million) for the inland water transport sector. The Team… Read More
This is a report on the global Harbor Deepening market that offers a historical context of the industry’s development, as well as insight into its growth prospects, emerging trends, production capacity, revenue structure and costs and profit margins. It contains information on the current situation in the world Harbor Deepening market such as growth rates, key players… Read More
U.S. ports posted a mixed bag of results for May, with certain facilities seeing volume gains while some of the nation’s largest saw container traffic decline. The Port of Los Angeles said it processed 752,893 20-foot equivalent units for the month, a 3% decline from the 779,140 moved in May 2023. This ended nine consecutive… Read More
SAVANNAH, Ga. – U.S. Army Corps of Engineers, Savannah District, Design Branch Chief, Kate Dixon, was presented the 2024 James Connolly Award during the Society of American Military Engineers Tri-Regional Joint Engineering Training Symposium by SAME Savannah Post President, David Nelson, at the Marriott Riverfront in Savannah, Georgia, June 27, 2024. The Connolly Award is… Read More
CAMP ARIFJAN, Kuwait — The “Always Forward” U.S. Army Corps of Engineers Expeditionary District conducted a combined change of command ceremony welcoming new leadership to the only forward-deployed district serving in the Central Command area of responsibility. Col. Mohammed Z. Rahman relinquished command of the district to Lt. Col. Eder C. Ramirez and Sgt. Maj…. Read More