Africa
Preparations Underway for Maputo Dredging
Maputo Port Development Company (MPDC) is in the process of selecting the company that will perform dredging of the Maputo Port access channel. The dredging of the channel, that will increase its current 11 meter draft to 14.2 meters, is expected to begin in the third quarter of 2015 after a contrac
Suez Canal Authority to Borrow $450 Million
The Suez Canal Authority is currently in negotiations with local banks for a bridge loan of $450 million, Egyptian financial daily Al-Mal reported yesterday. The head of Suez Canal Authority Muhab Mamish told the newspaper that the funds would be allocated to pay the firms that will dig the new exte
Exclusive Update: DEME’s Dredgers at New Suez Canal
DEME, an international group of specialized companies in the field of capital and maintenance dredging, land reclamation, port infrastructure development, etc. has announced that their part of dredging works on the New Suez Canal are on schedule and 50% of the job is completed. The completion of thi
Exceptional Year for Van Oord
The year 2014 was exceptional in many ways, Van Oord, a Dutch contracting company that specializes in dredging and land reclamation, announced today. From a financial perspective, Van Oord achieved a record turnover of EUR 2.104 billion (2013: EUR 1.641 billion). It is the first time in the company’
FaunaGuard: Scientific Method for Deterring Marine Fauna
Regulators, funding agencies and proponents worldwide are imposing increasingly strict environmental regulations to minimize the potential impact of marine construction activities, and more specifically, the underwater sound generated by such activities. Marine fauna may be adversely affected by mar
News in Photos: New Suez Canal Dredgers
The New Suez Canal development scheme is progressing according to the plan, and is scheduled to be completed this August. The opening of the new waterway will almost double the Suez Canal capacity and is expected to increase annual revenues to $13.5 billion by 2023. The project was launched by the C
Highlights of the Week – Readers’ Choice
Order Placed for World’s Largest Cutter Suction Dredger Jan De Nul Group has placed an order for a large self-propelled cutter suction dredger JDN8069 with the Croatian shipyard Uljanik Brodogradiliste. Boskalis, Van Oord Sign Rio de Janeiro Dredging Contract Edinho Araujo, head of the Special Por
Picture of the Day: 37Pct of New Suez Completed
The New Suez Canal is the name of a new waterway project in Egypt, expanding the existing Suez Canal between the Mediterranean Sea and the Red Sea. This program is part of the Suez Canal mega project, which includes the development of several seaports in the three governorates bordering the canal, S
Boskalis: Strong Performance in 2014
Royal Boskalis Westminster N.V. (Boskalis) achieved net profit of EUR 490 million in 2014 (2013: EUR 366 million). Revenue rose by 1 per cent to EUR 3.2 billion (2013: EUR 3.1 billion). EBITDA rose by 25 per cent to EUR 946 million (2013: EUR 757 million) and the operating result (EBIT) was up 41 pe
New Terra et Aqua Introduced
The International Association of Dredging Companies (IADC) has just published the latest issue of Terra et Aqua, the official quarterly publication of IADC. The magazine is supported solely by the IADC as a service to the world-wide dredging community and represents IADC’s commitment to the highest
Picture of the Day: New Suez Canal Scheme
The Suez Canal dredging scheme comes as a part of the mega New Suez Canal project. Besides dredging, the project includes development of several seaports in the three governorates bordering the canal, Suez, Ismailia and Port Said. Also included in the project is a seaport in the South Sinai city of
Picture of the Day: Photo Shooting at New Suez
The New Suez Canal is the name of a new waterway project in Egypt, expanding the existing Suez Canal between the Mediterranean Sea and the Red Sea. This program is part of the Suez Canal mega project, which includes the development of several seaports in the three governorates bordering the canal, S