Top News – March 10 to 16, 2014
- Business & Finance
Van Oord has been awarded a land reclamation project in Kuwait. The client is the Kuwait National Petroleum Company (KNPC) and the contract value amounts to approximately EUR 500 million.
IHC Merwede has successfully named and launched the 23,545kW self-propelled cutter suction dredger ‘AL BAHAR’ C/D HUTA 12 in a ceremony on 8 March 2014 at the company’s shipyard in Kinderdijk, The Netherlands.
Van Oord had a better business result in 2013 than in 2012. The year closed with an almost equal turnover of EUR 1,641 million (2012: EUR 1,676 million).
HollandMT has developed a Plain Suction Dredger (PSD) for the purpose of dredging and deepening of inland lakes, estuaries and mining & tailing ponds.
Royal Boskalis Westminster N.V. achieved revenue of EUR 3.5 billion in 2013 (2012: EUR 3.1 billion). Net profit rose sharply to EUR 366 million (2012: EUR 249 million), partly due to a number of extraordinary items amounting to EUR 97 million post tax.
Dredging at the Visakhapatnam outer harbour has been completed in record time despite the immense complexity and volume of work, reports The Times of India.
Dredging Today Staff, March 16, 2014