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Europe & Eurasia

Denmark: Massive Interest for Fehmarnbelt Tunnel Project
Business & Finance

Denmark: Massive Interest for Fehmarnbelt Tunnel Project

The tendering process for the construction of the world’s longest tunnel across the Fehmarnbelt has now entered its next phase. The dialogue with the major tunnel contractors on the conditions for building the concrete tunnel itself began last year. Tendering for the tunnel’s extensive electrical an

about 12 years ago
Russia: Zarubino Seaport Development Contract Signed
Business & Finance

Russia: Zarubino Seaport Development Contract Signed

During the XVIII St. Petersburg International Economic Forum, Andrey Tarasenko, General Director of FSUE “Rosmorport”, and Alexander Vinokurov, the President of the “Summa” group of companies, signed the agreement on cooperation in implementation of investment project for construction of universal a

about 12 years ago
Top News – May 19 to 25, 2014
Business & Finance

Top News – May 19 to 25, 2014

Israel: NGOs Urge Jan De Nul to Abandon Haifa and Ashdod Projects A group of Palestinian and international NGOs have urged the Jan De Nul Group to pull out of a project to build port facilities in Israel, citing concerns about Israel’s continued human rights violations. DEMA: Dredging Could Devast

about 12 years ago
DEME: Solid Order Book
Business & Finance

DEME: Solid Order Book

Since the beginning of 2014, DEME managed to maintain its order book at a fairly high level of about 3.0 billion EUR thanks to new orders, well spread worldwide across dredging, energy related and environmental activities. The total value of these new orders represents approximately 660 million EUR.

about 12 years ago
Italy: Port of Taranto in Need of Dredging
Business & Finance

Italy: Port of Taranto in Need of Dredging

Autorità Portuale di Taranto has issued a tender invitation for the Port of Taranto dredging scheme. According to the project planning, approximately 2,000,000 m3 of sediment will be dredged from the Port of Taranto’s multi-purpose pier area. This development work will also involve construction of a

about 12 years ago
APM Terminals Poti Introduces Future Expansion Plan (Georgia)
Business & Finance

APM Terminals Poti Introduces Future Expansion Plan (Georgia)

APM Terminals Poti has completed a comprehensive engineering study to prepare the port master plan for the future needs of Georgia and the hinterland countries, Armenia and Azerbaijan. The study was triggered by the rapid increase of container throughput which will exceed port capacity by 2017. In 2

about 12 years ago
Deltares: Broad Green Dikes – Alternative to Traditional Stone Dikes
Business & Finance

Deltares: Broad Green Dikes – Alternative to Traditional Stone Dikes

Broad green dikes are cheaper to build and often provide more protection than traditional dikes with stone or asphalt revetments. Generally, they are also a more harmonious match with the surroundings. This alternative should therefore be considered more often during dike upgrades. This is the concl

about 12 years ago
UK: Mysterious Object Found in Wells Harbour
Business & Finance

UK: Mysterious Object Found in Wells Harbour

A mysterious hatch/cover has been dredged up recently in the Wells Harbour by the dredger Kari Hege while carrying out channel maintenance. The brass plaque in the middle of the circular steel, possibly hatch, cover has the “Telegraph Construction & Maintenance Company London” engraved on it. On fur

about 12 years ago
Russia: Putin Holds Meeting on Far East Flood Relief Efforts
Business & Finance

Russia: Putin Holds Meeting on Far East Flood Relief Efforts

President of Russia, Vladimir Putin, during a working trip to Amur Region, hеld a meeting on the clean-up efforts following the devastating floods in the Far Eastern Federal District in 2013. The meeting was held on the grounds of the Nizhne-Bureiskaya Hydroelectric Power Station. “We will hold seve

about 12 years ago
Bolshoy Zarubino Port Agreement Inked (Russia)
Business & Finance

Bolshoy Zarubino Port Agreement Inked (Russia)

President of Summa Group Alexander Vinokurov and the governor of Jilin Bayin Chaolu have signed a cooperation agreement on the Bolshoy Zarubino Port project in Primorsky Krai. The agreement was signed during Russian President Vladimir Putin’s official visit to the People’s Republic of China (PRC). B

about 12 years ago
WASSP WMB-3250 Independent Report Released
Business & Finance

WASSP WMB-3250 Independent Report Released

WASSP Ltd, a leading multi-beam manufacturer, has announced the release of an independent report on their WMB-3250 Multibeam Sonar. Based in New Zealand, WASSP Ltd have been supplying its Multibeam systems globally since 2007 and have over 700 systems being used in the commercial fishing industry an

about 12 years ago
APM Terminals Posts Strong Results
Business & Finance

APM Terminals Posts Strong Results

APM Terminals’ focus on delivering competitive solutions in the market translated into strong first quarter performance. The company announced a profit of USD 215m (USD 166m). ROIC was 14.0% (12.0%). Profit, excluding divestment gains and impairment losses, was USD 217m (USD 161m). Container volumes

about 12 years ago
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