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Fincantieri Reports 85% Jump in Underwater Segment Revenue; Bookings Jump to €16B

Fincantieri Reports 85% Jump in Underwater Segment Revenue; Bookings Jump to €16B

Italy

Fincantieri has reported €6.725 billion in revenue for the first nine months of 2025 and reaffirmed its full-year 2025 guidance of approximately €9 billion.  Key 2025 Financial Highlights (as of 9M 2025) Nine-Month Revenue (Jan-Sep): Fincantieri generated €6.725 billion in revenue, a 20.5% increase compared to the same period in 2024. Full-Year Guidance: The company confirmed its target to achieve… Read More

“Team Finland India” Picks Watermaster as a Top Finnish Company in India

“Team Finland India” Picks Watermaster as a Top Finnish Company in India

India

DredgeWire has learned that a Finnish committee has picked Watermaster amongst many leading Finnish companies as a leader in trade relations between Finland and India. Here are the questions that the committee asked to evaluate Watermaster: What are your company’s offerings and solutions for the Indian market? Which sectors do you cater to? The Watermaster… Read More

Ocean Winds to Develop Third Floating Offshore Wind Site in Celtic Sea

Ocean Winds to Develop Third Floating Offshore Wind Site in Celtic Sea

United Kingdom

19th November 2025. Ocean Winds (OW), the 50-50 joint venture between EDPR and ENGIE, is set to be awarded rights for a floating offshore wind site in the Celtic Sea, off the coast of England and Wales, by The Crown Estate – marking a significant milestone in the UK’s journey toward commercial-scale floating offshore wind…. Read More

Steerprop Delivers its Largest Ducted Propulsion Units for Jan de Nul Rock Installation Vessel

Steerprop Delivers its Largest Ducted Propulsion Units for Jan de Nul Rock Installation Vessel

Finland

Finnish propulsion specialist Steerprop has been selected to supply a complete propulsion package—including the largest ducted propulsors ever produced by the company—for a new Rock Installation Vessel ordered by leading dredging and offshore contractor Jan De Nul. The George W. Goethals will become the third rock installation vessel above 30,000 tonnes in the fleet of Jan De… Read More


Company & People News | Dredge Mining

DH Shipbuilding recorded an operating profit margin of 24.3% in the third quarter

Korea, Democratic People's Republic of

DH Shipbuilding recorded an operating profit margin of 24.3% in the third quarter, achieving over 20% for four consecutive quarters and leading a structural shift in profitability across the shipbuilding industry. On the 14th, DH Shipbuilding announced its consolidated third-quarter results, reporting KRW 274 billion in revenue and KRW 66.5 billion in operating profit. This translates to an operating profit… Read More

DH Shipbuilding Achieves Annual Order Target Early Secures Additional Suezmax Crude Oil Carrier Worth About KRW 127.4 Billion

Korea, Democratic People's Republic of

This year’s accumulated orders reach approximately KRW 1.47 trillion — about a 20% increase compared to last year As the global shipbuilding market sees increasing demand for Suezmax crude oil carriers, DH Shipbuilding has secured another construction contract, further accelerating its strong business performance. On the 17th, DH Shipbuilding announced that it won an order… Read More

Fincantieri Reports 85% Jump in Underwater Segment Revenue; Bookings Jump to €16B

Italy

Fincantieri has reported €6.725 billion in revenue for the first nine months of 2025 and reaffirmed its full-year 2025 guidance of approximately €9 billion.  Key 2025 Financial Highlights (as of 9M 2025) Nine-Month Revenue (Jan-Sep): Fincantieri generated €6.725 billion in revenue, a 20.5% increase compared to the same period in 2024. Full-Year Guidance: The company confirmed its target to achieve… Read More

Van Oord: Second WattHub fast charging plaza on Maasvlakte in Rotterdam officially opened

Netherlands

Rotterdam, the Netherlands – WattHub, a partnership between Van Oord and Betuwewind, has officially opened the new fast charging plaza on the Maasvlakte. This state-of-the-art charging plaza of no less than 4,500 m2 is the first fast charging location in the area for trucks, heavy construction equipment and other electric vehicles. The strategically located charging… Read More


Events & Conferences

Arcadis Drives Innovation in Cost Management at Project Cost Management Forum 2025

China

Hong Kong – Arcadis, a global leader in sustainable design, engineering, and consultancy solutions, proudly participated in the Project Cost Management Forum 2025, held on 7 November in Hong Kong. Organized by the Development Bureau of the Government of the Hong Kong Special Administrative Region (HKSAR), the Forum brought together local and international industry leaders… Read More

Visionary Marina Leaders & Frontline Service Heroes Compete in the Expanded 2025 Edition of the Abu Dhabi Maritime Awards

United Arab Emirates

Abu Dhabi, UAE – 07 November 2025: In collaboration with the Integrated Transport Centre (ITC), an affiliate of the emirate’s Department of Municipalities and Transport, Abu Dhabi Maritime, part of AD Ports Group (ADX: ADPORTS), has announced the successful end of the submission period for the third edition of the 2025 Abu Dhabi Maritime Awards…. Read More

Glen Dcosta, Schalk van Zyl, and Daan Koetje representing IHC Mining at IME2025 in Kolkata, India!

India

This week Glen Dcosta, Schalk van Zyl, and Daan Koetje have been representing IHC Mining at #IME2025 in Kolkata, India! With their extensive expertise across the mining value chain, they discussed innovative methods for ore acquisition through 𝗗𝗿𝘆 (𝗠𝗼𝗯𝗶𝗹𝗲 𝗠𝗶𝗻𝗶𝗻𝗴 𝗨𝗻𝗶𝘁𝘀) and 𝗗𝗿𝗲𝗱𝗴𝗲 𝗠𝗶𝗻𝗶𝗻𝗴, and advanced 𝗺𝗶𝗻𝗲𝗿𝗮𝗹 𝗽𝗿𝗼𝗰𝗲𝘀𝘀𝗶𝗻𝗴 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀 in gravity, magnetics, flotation, and electrostatic separation…. Read More


Maritime hires and promotions

Birdon hires Joshua Van Der Heiden

Australia

The Birdon team are thrilled to welcome Joshua Van Der Heiden as General Manager Australia East. Josh brings over 30 years of operational and strategic leadership experience across construction, engineering, telecommunications, environmental, and industrial services. He is widely recognised for driving operational excellence and leading large-scale business transformations. Throughout his career, Josh has successfully led… Read More

VARD Appoints Bjørn Hellebust as VP Ship Repair & Conversion

Norway

We are pleased to share that Bjørn Hellebust has stepped into the role of VP Ship Repair & Conversion at VARD. Bjørn has been with the company since 2011 and brings strong technical and commercial insight to his new position. In his new role, he will continue strengthening VARD’s market share within repair and conversion by maintaining existing customer… Read More

AD Ports Group Appoints Jochen Thewes as CEO of Logistics Cluster to Drive Global Growth

United Arab Emirates

The appointment reflects the Group’s ambition to transform its Logistics Cluster -Group’s largest in terms of international reach- into a leading global logistics player Abu Dhabi, UAE – AD Ports Group (ADX: ADPORTS), a leading global enabler of trade, logistics, and industry, today announced the appointment of seasoned logistics executive Jochen Thewes as the CEO… Read More

Change in Konecranes Leadership Team: Jussi Rautiainen appointed President, Business Area Industrial Equipment

Finland

Konecranes has appointed Jussi Rautiainen President, Business Area Industrial Equipment, and a member of the Konecranes Leadership Team. He succeeds Marko Tulokas, who was appointed President and CEO of Konecranes in June 2025. Rautiainen will start in his new role on January 1, 2026, and will report to Marko Tulokas. Jussi Rautiainen (b. 1978) holds… Read More


Offshore Wind Power News

Boskalis: New teeth for our BOKA Falcon

Poland

𝗡𝗲𝘄 𝘁𝗲𝗲𝘁𝗵 𝗳𝗼𝗿 𝗼𝘂𝗿 𝗕𝗢𝗞𝗔 𝗙𝗮𝗹𝗰𝗼𝗻 Boskalis’ construction support vessel BOKA Falcon has successfully completed the first phase of the Baltica 2 project in Poland. Over the past few months, the vessel was equipped with the large T-rex plough to remove boulders from the seabed, clearing the way for the installation of the offshore wind… Read More

Professor debunks major misconception about wind turbines: ‘Will use much less’

World ,

Using more renewable power sources is essential for our planet’s future. But a common anti-clean energy talking point is that converting to wind turbines and solar panels on a large scale would require a lot of extra land space. Mark Jacobson (@mzj2273), a professor of civil and environmental engineering at Stanford University, posted a TikTok “busting a myth… Read More

First Fixed-Bottom Offshore Wind Project Auctions In The Philippines Secured

Philippines

At the 2025 APAC Wind Energy Summit of the Global Wind Energy Council (GWEC) last September, the Philippines made its strongest commitment yet to building a commercial offshore wind industry (OSW). This month, a breakthrough Green Energy Auction Program Round 5 (GEA-5) confirms that the country’s national pipeline is set for release by the end… Read More

Ocean Winds to Develop Third Floating Offshore Wind Site in Celtic Sea

United Kingdom

19th November 2025. Ocean Winds (OW), the 50-50 joint venture between EDPR and ENGIE, is set to be awarded rights for a floating offshore wind site in the Celtic Sea, off the coast of England and Wales, by The Crown Estate – marking a significant milestone in the UK’s journey toward commercial-scale floating offshore wind…. Read More


Port News

Concession for the port of Ancona signed Fincantieri launches the shipyard development plan

Italy

Multi-decade concession covering over 314,000 sqm and a 40-million-euro investment for the future of the shipyard. Trieste/Ancona – The concession regulating the occupation and use by Fincantieri of a significant portion of the Port of Ancona for its industrial activities has been signed. The agreement was signed by the President of the Central Adriatic Sea… Read More

Shipping Secretary Reviews Ongoing Construction of Sea Port Terminal at Swaraj Dweep

India

Sri Vijaya Puram : Smt. Purva Garg, Secretary (Shipping), Andaman & Nicobar Administration, undertook a detailed review of the ongoing construction of the Sea Port Terminal at Swaraj Dweep on 22.11.2025 and 23.11.2025. The inspection focused on assessing physical progress, identifying bottlenecks and ensuring quality adherence for this important maritime infrastructure project. During the site… Read More

AD Ports Group Signs Agreement with CMA CGM Group to Expand Terminal at Khalifa Port

United Arab Emirates

Strong demand drives expansion of the CMA CGM-AD Ports Group terminal joint venture less than a year after its inauguration CMA Terminals Khalifa Port container capacity to be scaled up by nearly 1 million TEUs to 2.7 million TEUs, a nearly 50% increase Expansion to increase Khalifa Port’s total container handling capacity by 9% to… Read More

Hapag-Lloyd Delegation Visits Sri Lanka Ports Authority

Sri Lanka

A senior delegation from Hapag-Lloyd recently visited the Sri Lanka Ports Authority (SLPA) to strengthen ties and explore opportunities for further cooperation. The delegation included Mr Christiaan Goeman Borgesius, Senior Director – RME Operations; Mr Jubil Thankachan, Director of Marine Operations – RME Operations; and Mr Lloyd De Villers, Director of Procurement. They were accompanied… Read More


Project Updates & Industry Developments

Boskalis: New teeth for our BOKA Falcon

Poland

𝗡𝗲𝘄 𝘁𝗲𝗲𝘁𝗵 𝗳𝗼𝗿 𝗼𝘂𝗿 𝗕𝗢𝗞𝗔 𝗙𝗮𝗹𝗰𝗼𝗻 Boskalis’ construction support vessel BOKA Falcon has successfully completed the first phase of the Baltica 2 project in Poland. Over the past few months, the vessel was equipped with the large T-rex plough to remove boulders from the seabed, clearing the way for the installation of the offshore wind… Read More

Shipping Secretary Reviews Ongoing Construction of Sea Port Terminal at Swaraj Dweep

India

Sri Vijaya Puram : Smt. Purva Garg, Secretary (Shipping), Andaman & Nicobar Administration, undertook a detailed review of the ongoing construction of the Sea Port Terminal at Swaraj Dweep on 22.11.2025 and 23.11.2025. The inspection focused on assessing physical progress, identifying bottlenecks and ensuring quality adherence for this important maritime infrastructure project. During the site… Read More

Philippines: Governor of Lanao del Sur orders to crack down on illegal mining and sand dredging operations and quarrying in the region

Philippines

“Lanao del Sur guv cracks down on illegal mining, quarrying”, 31 July 2025 The governor of Lanao del Sur has ordered the shutdown of illegal mines and sand and gravel quarries in the province effective September 1, 2025 via an executive order he signed on Thursday morning, July 31. Gov. Mamintal Alonto Adiong Jr. sealed… Read More

Dredging completed, focus shifts to sewage pipe repair after Jalan Kenari sinkhole

Malaysia

GEORGE TOWN: Indah Water Konsortium (IWK) Sdn Bhd has completed dredging works following the sinkhole incident at Jalan Kenari, Sungai Ara, on Nov 4. Penang infrastructure, transport and digital committee chairman Zairil Khir Johari said the dredging had reached a depth of eight metres as of 10.30am on Sunday (Nov 23) “The focus will now… Read More


Sand & Gravel News

Pampanga town sand quarry halted over tax hike

Philippines

PORAC, Pampanga, Philippines – The supplies of sand and gravel for the construction sector in Luzon are expected to drop as all 40 quarry operators and 850 haulers in this town, Pampanga’s biggest source of the aggregates, closed their sites since Friday night and gave up at least P128 million of gross sales for two… Read More

Sand, gravel quarrying ban lifted for N. Vizcaya’s typhoon rehabilitation

Philippines

BAYOMBONG, Nueva Vizcaya – The ban on sand and gravel quarrying in Nueva Vizcaya has been lifted to support the government’s rehabilitation and recovery efforts in the province. The decision followed a meeting of the Provincial Mining Regulatory Board (PMRB) on Friday, November 14, in this town in response to requests from the League of Municipalities… Read More

Mining board to issue limited quarry permits

Philippines

BAYOMBONG, Nueva Vizcaya — The Provincial Mining Regulatory Board (PMRB) has announced plans to issue gratuitous permits for the extraction of sand and gravel “exclusively for urgent government projects.” This was in response to requests from the League of Municipalities of Nueva Vizcaya, headed by Mayor Benjamin Cuaresma III, and the two districts of the Department… Read More

TTAPA calls for moratorium on sand and gravel operations

Trinidad and Tobago

President of the Trinidad and Tobago Aggregate Producers Alliance (TTAPA), Nigel Tenia, is calling on the Government to grant an immediate moratorium on sand and gravel operations, as the sector has been operating without formal licences for more than two decades. Speaking on CNC3’s The Morning Brew yesterday, Tenia said the moratorium would provide temporary… Read More


Shipbuilding | Marine Products | Technology

Steel cut for Mercy Ships second new purpose-built hospital ship

China

The steel cutting ceremony of the AFRICA MERCY II newbuilding project was celebrated on 29 October marking the official start of construction for Mercy Ships’ newest purpose-built hospital ship, designed to expand access to free surgical care and medical training across Africa. The day began with a tree planting ceremony at Tongzhou Forest, symbolizing growth,… Read More

A Milestone In Sustainable Shipbuilding And Series Production

Netherlands

[Kampen, November 21, 2025] – Royal T Shipyards proudly announces the successful christening and launch of MV Vertom Quina, the tenth vessel in the advanced and energy-efficient LABRAX series for Vertom. The launch marks a remarkable milestone, celebrating the completion of the tenth vessel in the series of next-generation diesel-electric vessels, each contributing to cleaner,… Read More

Repeat order emphasises strength of Wärtsilä hybrid propulsion system for Aasen Shipping’s bulk carrier series

Netherlands

Technology group Wärtsilä will supply an integrated hybrid propulsion system for a bulk carrier vessel being built at the Royal Bodewes shipyard in the Netherlands for Norwegian shipowner Aasen Shipping. This will be the latest in a series of six such vessels to operate with a similar Wärtsilä scope of supply. This order was booked by… Read More

DRAGFLOW finalizing two game-changers: the Dragflow DRM and DRSP hashtag#Amphibious Dredger

Italy

Right now in our workshop, we are finalizing two game-changers: the Dragflow DRM and DRSP #Amphibious Dredger. These aren’t just machines; they are engineered for complexity. Their unique land-to-water transition capability and remarkably low draft allow them to operate where traditional fleets get stuck, ensuring uninterrupted performance in any protected or remote location. You know… Read More


uncategorized

CK Hutchinson Sees Chance of Panama Port Sale Going Through

Panama

Summary Firm hopes for deal capable of getting all regulatory approvals Deal requires approval from China, US, UK, EU, and others Chairman Victor Li misses analyst briefing for first time H1 underlying profit up 11%, net profit down 92% HONG KONG, Aug 14 (Reuters) – CK Hutchison (0001.HK), opens new tab said on Thursday its $22.8 billion… Read More

Royal IHC expands dredge production outside of the Netherlands to VAHALI Shipyards in Serbia

Netherlands

As a result of the growing demand for Beavers®, Royal IHC has decided to expand its production capacity. In addition to their Dutch production capacity, Royal IHC has selected VAHALI Shipyards to build standard cutter suction dredgers (CSD) at its yard in Serbia. The first steel plates were cut last week, marking the official start… Read More

Maersk and Castlery sign multi-year global logistics and fulfilment agreement

Singapore

Maersk has entered into a partnership with Castlery, a Singaporean furniture retailer, for a multi-year global integrated logistics and fulfilment agreement. By leveraging Maersk’s capabilities in managing supply chains amid ongoing disruptions, the partnership will enable Castlery to offer seamless delivery for its customers, reducing wait times for orders to one to two months, approximately… Read More


Upcoming Projects | Contracts | Tenders

Beach expansion work in Southsea begins on 1 October 2025

United Kingdom

As announced earlier this year, the Southsea Coastal Scheme will add around one million tonnes of shingle to the beach between the Pyramids and the Coffee Cup café in Eastney starting next month. Led by Portsmouth City Council and delivered by Coastal Partners and VSBW, this is the largest local authority-led flood defence scheme in the UK…. Read More

Belfast Container Terminal secures seven-year Kalmar Care contract extension to drive future growth

Finland

Kalmar announces the extension of its comprehensive Kalmar Care maintenance contract with long-term customer Belfast Container Terminal Ltd (BCT), part of Irish Continental Group. The contract was booked in Kalmar’s order intake in Q3 2025 and continuing until Q3 2032. The contract ensures the continued supply of dedicated, 24/7 maintenance support personnel to secure the operational availability… Read More

HCM City unveils 370 mln USD canal dredging plan to tackle worsening floods in southern areas

Vietnam

The city People’s Committee has submitted the proposal to the municipal People’s Council for immediate consideration, seeking approval to launch what officials describe as a critical infrastructure intervention to protect the fast-growing southern urban zone from recurring inundation. HCM City – Ho Chi Minh City authorities have proposed a 9.2 trillion VND (370 million USD)… Read More

Maintenance Dredging to Begin Mid-November at Jurien Bay Boat Harbour, Continuing Through April 2026

Australia

Mariners are advised that maintenance dredging works at Jurien Bay Boat Harbour will commence Mid-November 2025 and will proceed until approximately Mid-April 2026. Dredging operations will occur Monday to Saturday between the hours of 0700 and 1900hrs and on Sundays and public holidays between 0900 and 1900 hours. The works are being carried out by… Read More


USACE

USCAE Philadelphia District Awards Norfolk Dredging a $27.6 million Dredge Contract for Maintenance Dredging on Delaware River and Wilmington Harbor

PA, United States

PHILADELPHIA — The U.S. Army Corps of Engineers’ Philadelphia District awarded a contract to Norfolk Dredging Company for $27.6 million to conduct maintenance dredging of portions of the Delaware River and Wilmington Harbor federal shipping channels. Approximately three million cubic yards of sediment will be dredged from the Marcus Hook, Deepwater Point, and New Castle Ranges… Read More

ERDC, USACE host workshop in Botswana to help mitigate lead contamination

Botswana

GABORONE, Botswana—Subject-matter experts from the U.S. Army Engineer Research and Development Center (ERDC) and the U.S. Army Corps of Engineers (USACE), Europe District recently traveled to Gaborone, Botswana to conduct an Environmental Soil Screening Workshop with the Botswana Defense Force (BDF) at their shooting ranges. In support of U.S. Africa Command (AFRICOM) and the U.S…. Read More

Lt. Col. Jason Supnet named 2025 USACE 51C Commissioned Officer of the Year

Korea , LA, United States

USAG HUMPHREYS, South Korea — Lt. Col. Jason A. Supnet, military deputy chief of contracting for the U.S. Army Corps of Engineers – Far East District, has been named the 2025 USACE 51C Commissioned Officer of the Year as part of the USACE Excellence in Contracting Awards Program. The award recognizes Supnet’s contributions to strengthening the… Read More

The Dutra Group Wins $9.1 million Maintenance Dredging Project for Petaluma River Channel in Ca.

CA, United States

The Dutra Group, San Rafael, California, was awarded a firm-fixed-price contract for fiscal year 2025 Petaluma River Channel Maintenance Dredging Project. The amount of this action is $9,165,400. Bids were solicited via the internet with two received. Work will be performed in Petaluma, California, with an estimated completion date of Nov. 29, 2025. Fiscal 2025… Read More


Videos | C-Suite Interviews

IHC Offshore Energy

Netherlands

Introducing IHC Offshore Energy, a leading supplier of reliable and advanced vessels, equipment and services for numerous offshore industries. Drawing on a wealth of knowledge and experience, our high-tech and flexible solutions lead the way towards more efficient and sustainable offshore operations providing a competitive edge to customers worldwide. For more information visit https://www.royalihc.com/offshore-energy … Read More

CK Hutchinson Sees Chance of Panama Port Sale Going Through

Panama

Summary Firm hopes for deal capable of getting all regulatory approvals Deal requires approval from China, US, UK, EU, and others Chairman Victor Li misses analyst briefing for first time H1 underlying profit up 11%, net profit down 92% HONG KONG, Aug 14 (Reuters) – CK Hutchison (0001.HK), opens new tab said on Thursday its $22.8 billion… Read More

Royal IHC expands dredge production outside of the Netherlands to VAHALI Shipyards in Serbia

Netherlands

As a result of the growing demand for Beavers®, Royal IHC has decided to expand its production capacity. In addition to their Dutch production capacity, Royal IHC has selected VAHALI Shipyards to build standard cutter suction dredgers (CSD) at its yard in Serbia. The first steel plates were cut last week, marking the official start… Read More

Containership crashes into cranes in Turkey port; video shows three cranes falling!

Turkey

STORY: Security camera footage from the port showed huge cranes falling over one by one after the first impact. Kocaeli governor said in a statement that there were no injuries or environmental effects reported. Reuters was able to confirm the location from the color and positioning of the cranes, the structure of the port which… Read More

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