The UAE-based National Marine Dredging Company Group (NMDC Group) yesterday announced its financial results for the full year 2023, reporting record growth in revenues and net profits compared to the previous year. In FY2023, NMDC recorded a revenue of AED 16.7 billion, a 56% surge from the previous
Pakistan’s Caretaker Prime Minister, Anwaar-ul-Haq Kakar, met Sultan Ahmed bin Sulayem, Group Chairman and CEO of UAE-based DP World, at the World Economic Forum this week. The Prime Minister witnessed the signing of Inter-Governmental Framework Agreements between the Ministries of Communications, R
Abu Dhabi’s National Marine Dredging Company (NMDC) Group has won a contract worth over $136 million from Abu Dhabi National Oil Company (ADNOC) to build an artificial island in Al Nouf. The state-owned oil giant has sent a letter of award to NMDC for the construction of the island, with an estimate
The Dredging Today editorial team wishes you a happy and prosperous holiday season and new 2024!
Holyhead Towing Co. Ltd has just released these amazing photos of its multicat Bardsey Island working with Van Oord on the iconic Palm Jumeirah, UAE. Project developer Nakheel contracted Van Oord to raise and shape the beaches on the Palm over a length of 55 kilometres by half a metre and to create
Following the construction of Palm Jumeirah, in Dubai, UAE, that started in 2001, Van Oord has now successfully completed the first major maintenance works on the Palm’s trunk, 16 palm leaves and crescent. The beaches have been restored and shaped with quality sand. In the past decades, erosion caus
The Dredging for Sustainable Infrastructure course in Abu Dhabi, hosted by CEDA and IADC with the support of NMDC, is about to begin. During the course, participants will learn how to implement the sustainability principles into dredging project practice, through answers to the following questions:
A consortium of Saudi Archirodon and DEME has won the second phase of transformation work for the Port of NEOM, the primary seaport of entry to northwest Saudi Arabia. Based in Oxagon, Port of NEOM is strategically located along the coast of the Red Sea and is adjacent to the nearby Suez Canal, thro
In a major boost to global efforts to mitigate climate change and adapt its worsening impacts on societies and economies, more than 30 countries yesterday signed up to the Freshwater Challenge – the world’s largest initiative to restore degraded rivers, lakes and wetlands and to protect vital freshw
Five workers, staff of a dredging company, trapped in a crude oil reservoir in western Iran died due to gas poisoning, IRNA reported today. The workers were trapped in a 20-liter crude reservoir at an oil transfer center of the Kuhdasht County, the Iranian province of Lorestan, public relations dire
Boskalis launched the tenth issue of its Creating New HORIZONS magazine today. The magazine features articles and videos on groundbreaking projects and activities through which Boskalis fulfils its purpose: creating and protecting prosperity and advancing the energy transition. In the magazine are t
Boskalis and Bahrain have been closely linked since the early 1980s. The company has participated in almost every medium and large land reclamation project in the kingdom since that period. The result: Boskalis dredging vessels have been continuously active in Bahrain for some forty years. An import
