Archive for: January, 2010

National Marine Dredging Co. (UAE): turning sludge into gold

National Marine Dredging Co. (UAE): turning sludge into gold

National Marine Dredging Company (NMDC) may be in the business of sucking up mud, but for investors the sludge might as well be gold… Source: The Nation, January 27, 2010

Fremantle (Australia) dredging project: water clarity levels exceeded

Fremantle (Australia) dredging project: water clarity levels exceeded

Water monitoring results from the latest round of tests of the multi- million-dollar Fremantle dredging project have revealed that another Environmental Protection Authority guideline was exceeded… Source: The West Australian, January 28, 2010;

Deepening Delaware River shipping channel (USA): It’s a go!

Deepening Delaware River shipping channel (USA): It’s a go!

It’s a go for deepening the Delaware River shipping channel an additional 5 feet… Source: Philly News, January 28, 2010

Indonesia: Jakarta government targets to start dredging works on 13 rivers

Indonesia: Jakarta government targets to start dredging works on 13 rivers

City government targets to start dredging works on 13 rivers in Jakarta by June 2010. The project is to be funded with a loan of Rp 1.5 trillion (around 150 million US dollars) from World Bank. The debt will be shouldered by central government by 59 percent of the total loan, and city government by [...]

UK: Wells harbour dredging on schedule

UK: Wells harbour dredging on schedule

A NEW outer harbour which will extend tidal access times into Wells is taking shape as dredging work enters its second phase… Source: Fakenham & Wells Times, January 27, 2010

Noble Energy Awards Technip with flexible pipeline contract for the Aseng Field (Equatorial Guinea)

Noble Energy Awards Technip with flexible pipeline contract for the Aseng Field (Equatorial Guinea)

Technip has been awarded a contract for the development of the flexible pipe system in the Aseng Field, located in Block I offshore Equatorial Guinea… Source: Pipelines International, January 22, 2010;

Cambodia: Shanghai Co. awarded to build new deep-sea port and deliver lifting equipment

Cambodia: Shanghai Co. awarded to build new deep-sea port and deliver lifting equipment

CHINESE company Shanghai Co has been selected by the government to develop infrastructure at Phnom Penh Autonomous Port (PPAP)… Source: Phnom Phen Post, January 22, 2010

Sand dredging operations suspended by Cambodian government

Sand dredging operations suspended by Cambodian government

AUTHORITIES have temporarily suspended three Kampot province dredging operations for sand to export, a local official confirmed on Tuesday, but confusion remains over the exact reason… Source: Phnom Phen Post, January 27, 2010;

Second Largest Contract of the Panama Canal Expansion ready to be commenced

Second Largest Contract of the Panama Canal Expansion ready to be commenced

Work on the second largest contract of the Panama Canal Expansion Program has begun. The Panama Canal Authority (ACP) issued consortium FCC-ICA-Meco the Notice to Commence the fourth and final dry excavation (PAC-4) contract… Source: MarineLink, January 26, 2010

National Marine Dredging Co. (UAE) 2009 profits up by 55%

National Marine Dredging Co. (UAE) 2009 profits up by 55%

DUBAI – Abu Dhabi-based National Marine Dredging Co., or NMDC, said Wednesday it made a net profit of 413.2 million U.A.E. dirhams ($112.6 million) in 2009, a 55.6% increase on the previous year… Source: Maktoob, January 26, 2010





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