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Subdued tidal waves also contribute to the phenomenon: expert The most frequented area in the city — the beachfront area — has increased significantly, thanks to the nourishment of eroded beaches undertaken by the Visakhapatnam Port Trust and the lull in the activity of tidal waves. The phenomenon, which has brought cheers among the locals… Read More
PENSACOLA, Fla. (WKRG) — The National Fish and Wildlife Foundation (NFWF) and NOAA’s Office for Coastal Management announced Tuesday more than $36 million in grants for Panhandle counties impacted by Hurricane Michael. The following projects address two priorities: 1) building coastal resilience through restoration and enhancement; and 2) addressing design and engineering barriers to coastal… Read More
Lowe to entitle portion of Union Pier Terminal for redevelopment Charleston, SC – South Carolina Ports Authority Board of Directors approved today a professional services agreement with Lowe, the owner of the Wild Dunes Resort and developer of the new Cooper Hotel on Charleston Harbor, to entitle and sell the non-maritime portion of Union Pier… Read More
The U.S. Army Corps of Engineers Sacramento District awarded a $64 million construction contract on February 14 to Maloney Odin Joint Venture of Novato, California, for nearly three miles of levee improvements along the Sacramento River East Levee. This project will kick off major construction in the region to complete approximately $1.5 billion of work… Read More
Oman’s logistics provider Asyad Group has decided to integrate its shipping company Oman Shipping Company (OSC) and ship repair yard Oman Drydock Company (ODC). The move is said to be in line with the group’s strategy to offer “integrated and highly efficient services.” According to Asyad, the integration further connects Oman’s shipping services with “a… Read More
An exclusive research report on the Dredging Equipment Market 2020-2026 has been fabricated through the detailed analysis of the Dredging Equipment market dynamics along with some significant aspects of the industry. The world Dredging Equipment market report provides a close summary of the major segments within the Dredging Equipment industry. The quickest, as well as… Read More
CanAm repaid $60 million EB-5 Investment from Philly Shipyard. CanAm Enterprises (“CanAm”) is very proud to announce that a $60 million EB-5 investment that was used by Philly Shipyard to help fund the construction of four ocean-going product tanker vessels was repaid today, representing 120 EB-5 immigrant investors. Philly Shipyard, formerly Aker Philadelphia Shipyard, is… Read More
Flood-control work would benefit homes, beache OCEANSIDE — Oceanside without sand would be like Yosemite without Half Dome or Niagra Falls without the water. The problem is, Oceanside’s sand keeps disappearing. Coastal erosion is eating away the city’s beaches at an increasing pace. The sandy shore where people pitched their tents and parked their cars… Read More
Defense contracts valued at $7 million and above NAVY United Technologies Corp., Pratt and Whitney Engines, East Hartford, Connecticut, is awarded a $319,792,357 modification (P00018) to a previously awarded, firm-fixed-price, fixed-price-incentive-fee, cost-plus-fixed-fee, cost reimbursable contract (N00019-18-C-1021). This modification exercises an option for the production and delivery of 20 F135-PW-100 propulsion systems for the Navy, six… Read More
DredgeWire has learned that top management insiders at Orion continue to buy stock in the business, showing faith in the future of the business. HOUSTON–(BUSINESS WIRE)– Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”) a leading specialty construction company, today announced contract awards totaling approximately $24 million. The Company’s Marine segment has been awarded two… Read More