Outlook: Waiting for the Next ‘Suez-Sized’ Project

Richard Brakenhoff, Industry analyst at Rabobank

“There’s an enormous potential, the dredging sector promises to be very busy in the near future,” says Richard Brakenhoff of Rabobank.

The Sector Specialist is responsible for the financial institute’s Dredging Outlook and spoke to us about the ahead of his presentation at the Dredging Today Conference in October.

Brakenhoff explains that while the dredging sector is relatively slow at the moment, he has positive forecasts. Global warming and rising sea levels underpin these forecasts. “Take Jakarta for instance. There is a great and imminent need for dredging works, as the soil is eroding and large areas flood yearly.” 

“Plans have already been submitted, but the stakeholders are waiting for the go-ahead. This and several other possible projects in the near future could be enormous, comparable to the Suez canal. If one of these gets green-lighted, this would mean a huge upturn for the industry.”

Richard Brakenhoff will share more details and information on his Dredging Outlook at the Dredging Today Conference, 9 & 10 October at RAI Amsterdam.

 

 

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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