ICL Signs Agreement for New Special Dredger

Image source: Dead Sea Works

ICL, a Tel Aviv based manufacturer of products based on unique minerals, by its subsidiary Dead Sea Works (DSW), has signed an agreement for the first stage of the salt harvesting project at Pond 5, to preserve the pond’s water level.

The agreement was signed with Holland Shallow Seas Dredging Limited who was selected to lead the project.

Under the contract arrangement, the selected company will start building a special dredger dedicated to the harvesting project, in the amount of $280 million.

The dredger is expected to be 120 x 24 meters and will be operated continuously by tens of employees who will be recruited by the contracting company, ICL said in its release.

The dredger will remove approximately 5.5 million cubic meters of salt per year from the southern basin of the Dead Sea.

The salt harvesting project is considered one of the most complex and expensive infrastructure projects in Israel and will cost approximately $2 billion. According to the agreement signed with the State of Israel, ICL will finance 80% of the cost of the project.

Image source: Dead Sea Works

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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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