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HOUSTON–(BUSINESS WIRE)–Jun. 8, 2020– Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”) a leading specialty construction company, today announced it has entered into an amendment to its existing credit agreement with Regions Bank and other lenders, providing for a new $20 million revolving credit facility to supplement its existing $50 million revolver. The new revolver… Read More
MANILA, Philippines — Local government units (LGUs) may now undertake dredging and river restoration projects with the private sector without spending taxpayers’ money. In a recently issued memorandum, the Department of Environment and Natural Resources (DENR) ordered private contractors to shoulder the expenses of dredging operations in river dredging zones (RDZ) in exchange for the… Read More
The Department of Environment and Natural Resources (DENR) has issued an order rationalizing dredging activities in heavily silted river channels across the country to help restore their natural state and flow and reduce flooding. Under DENR Administrative Order (DAO) No. 2020-07 recently signed by Secretary Roy Cimatu, private contractors shall cover all expenses of dredging… Read More
PILLAGING PENGHU: A 7,539-tonne Chinese ship found mining sand in the Formosa Banks area was escorted by several CGA ships to a Kaohsiung harbor The Coast Guard Administration (CGA) yesterday announced that it had dispatched ships to intercept Chinese dredging vessels operating in the nation’s territorial waters near Penghu and detained 10 crew members, who… Read More
EMERALD ISLE — Town Manager Matt Zapp said this week work to replace the handicap access ramp to the beach at the Eastern Ocean Regional Access is complete and the project to repair facilities at the Western Ocean Regional Access is on track to finish and allow the parking lot to reopen by Friday, June… Read More
UAE-based port operator Abu Dhabi Ports has established a new feeder services company, Safeen Feeders, as part of its strategy to facilitate growing trade demands within the Gulf region. As informed, Safeen Feeders will introduce a new feeder service linking Abu Dhabi to ports serving the UAE, the broader Gulf region and Indian subcontinent. The… Read More
A UK maritime organisation is launching a Scarborough branch to represent the interests of North Yorkshire businesses Team Humber Marine Alliance, which has its main office in Hull, works for growth in the regional maritime industry and is an influential player in the offshore wind revolution, galvanising the supply chain to diversify and serve the… Read More
Qatar Petroleum has signed slot reservations with the three largest Korean shipbuilders securing construction capacity for more than 100 LNG carriers valued at over $19 billion. The ships are needed to cater for its LNG growth plans — including exports of U.S. LNG from the Golden Pass project in Texas. Under the agreements, the “Big… Read More
HTF MI Analyst have added a new research study on Title Global Harbor Deepening Market Size, Status and Forecast 2019-2025 with detailed information of Product Types [, Underwater Deepening & Partially Underwater Deepening], Applications [Government Organizations, Private Organizations, Mining & Energy Companies & Oil & Gas Companies] & Key Players Such as Boskalis, Van Oord,… Read More
The Eastern Chapter has been working hard to develop a robust program and great opportunities for our meeting at the Francis Marion Hotel in Charleston, SC. Normally at this point in time, we would be reaching out to you, our members for abstracts, and looking for sponsors. Unfortunately, do the new world we currently live… Read More