The Sandwich Board of Selectmen learned Thursday, August 20, that obtaining sand for eroded Town Neck Beach continues to be a slippery slope. A final draft of the US Army Corps of Engineers study into why Town Neck Beach has lost so much sand was expected to be finished and available this month, but it… Read More
The Bay Bengal Express 2 Service (BBX2)—a new shipping service connecting the ports of Bangladesh, Vietnam and China—begins operations today, expediting shipments of exports between the three countries and the US. Launched by French shipping service CMA-CGM, the new route will use Vietnam as a pit stop as opposed to traditional routes through Singapore, significantly… Read More
Increased tidal flooding, beach erosion and aging sea barriers are among the climate change concerns threatening a famous coastal destination in Massachusetts, according to a report released Thursday by a leading conservation group in the state. The “State of the Coast” report by The Trustees focuses on the threat of rising sea levels and powerful… Read More
KEY FIGURES FIRST HALF YEAR 2020 Revenue: EUR 1.3 billion EBITDA: EUR 204 million Operating result: EUR 72 million Net operating profit: EUR 48 million Extraordinary charges: EUR 148 million Order book: EUR 4.7 billion Positive net cash position of EUR 190 million OUTLOOK 2020 Dredging: stable at current level Offshore Energy contracting: good year… Read More
The Huntington District, U.S. Army Corps of Engineers (USACE), hereby informs the public of the initiation of the process to update the John W. Flannagan Lake and North Fork of Pound River Lake Master Plans into one Regional Master Plan and Integrated Environmental Assessment. USACE defines a master plan as the strategic land use management… Read More
The U.S. Army Corps of Engineers, Buffalo District has awarded a $2.1 million contract to Ryba Marine and Construction to conduct dredging of the federal navigation channel in Maumee Bay, located along Lake Erie in Toledo Harbor, in the city of Toledo, Lucas County, Ohio. The contract calls for dredged material to be placed in… Read More
James Fisher Offshore (JFO) has upscaled its operations to meet the international hydrocarbon sector’s increasing demand for decommissioning expertise. This includes the provision of technology that supports the industry-wide aim for cost-reductions of 35%. In the Persian Gulf, JFO is nearing completion on a high-assurance pipeline and jacket removal project. The company minimised costs and… Read More
UK’s port group PD Ports has officially opened a multi-million pound bulks handling facility at Teesport, a move that is said to represent an important milestone in the revival of the Tees Valley. Teesport Bulks Terminal was opened during a virtual ceremony on 12 August 2020. “PD Ports’ £9.2 million investment to renovate and refurbish… Read More
The deal would effectively be a reverse takeover, with NPCC shareholders holding 69.7% of the company’s equity through new convertible instruments The National Marine Dredging Company received an offer from the shareholders of the National Petroleum Construction Company to combine the two companies. The deal, which would effectively be a reverse takeover, would see NPCC’s… Read More
But NYC needs power to replace Indian Point’s nuclear energy without resorting to new fossil-fuel usage. The last Indian Point reactor is set to shut down next April. While the closure of Indian Point will help the city move towards its goal of relying solely on clean, renewable energy sources over the long run, in… Read More