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Middle East

NMDC, Stevin Rock Sign $113 Million Rock Supply Deal
Business & Finance

NMDC, Stevin Rock Sign $113 Million Rock Supply Deal

The Abu Dhabi based National Marine Dredging Company (NMDC) has awarded a $113 million contract to Stevin Rock for the supply of rock to ADNOC’s Ghasha artificial island construction project. Last month, ADNOC awarded a $1.4 billion deal to NMDC for the construction of artificial islands to develop,

about 7 years ago
Eskan Bank Invites Bids for Bandar and Danaat Projects
Business & Finance

Eskan Bank Invites Bids for Bandar and Danaat Projects

Bahrain’s Eskan Bank yesterday announced a tender for the Bandar Al Sayah and Danaat Al Sayah real estate development projects. According to an official Kingdom of Bahrain’s Tender Board Document, Eskan has invited bids from consultants to supervise the land reclamation works for the Bandar Al Sayah

about 7 years ago
Van Oord Announces Recovery of Revenue in 2018
Business & Finance

Van Oord Announces Recovery of Revenue in 2018

Van Oord today released their 2018 business results, saying that they recorded EUR 1.88 billion in revenue (2017: EUR 1.53 billion) with a net profit of EUR 92 million (2017: EUR 78 million). The increase in revenue was mainly driven by offshore wind activities, which realized EUR 706 million of rev

about 7 years ago
Royal IHC Confirms NMDC Deal
Business & Finance

Royal IHC Confirms NMDC Deal

Royal IHC recently signed a contract with National Marine Dredging Company (NMDC, based in Abu Dhabi, UAE) to build yet another state-of-the-art trailing suction hopper dredger (TSHD). According to IHC, the new vessel builds on the excellent partnership & collaboration between the two companies and

about 7 years ago
Royal IHC to Build New TSHD for NMDC
Business & Finance

Royal IHC to Build New TSHD for NMDC

The Abu Dhabi based National Marine Dredging Company (NMDC) and Royal IHC from the Netherlands have signed a contract for a new twin screw 8000m³ trailing suction hopper dredger (TSHD). The new custom built TSHD will be specially designed to work in high ambient temperature with a dredging depth up

about 7 years ago
Highlights of the Week
Business & Finance

Highlights of the Week

Dredging Today brings you an overview of the most popular stories from the past week (March 11-17, 2019). Boskalis Secures Adelaide Deal Boskalis has won a contract for the widening of the Port Adelaide Outer Harbor shipping channel in Australia. PHOTO: 2,500 Tonne Cutter Ladder for CSD Spartacu

about 7 years ago
Boskalis 2018 Results: Relatively Stable Year for Dredging & Inland Infra
Business & Finance

Boskalis 2018 Results: Relatively Stable Year for Dredging & Inland Infra

Boskalis has closed 2018 with a lower result, in line with expectations – net operating profit was EUR 83 million (2017: EUR 150 million). Including an almost entirely non-cash extraordinary charge of EUR 519 million there was a net loss of EUR 436 million, said the company. Revenue rose 10% compare

about 7 years ago
Highlights of the Week
Business & Finance

Highlights of the Week

Dredging Today brings you an overview of the most popular stories from the past week (February 25 – March 3, 2019). PHOTO: IHC Beaver for the Middle East Royal IHC said in its latest announcement that their first IHC Beaver ever built in the Middle East was officially launched last week. Wasa Dr

about 7 years ago
PHOTO: IHC Beaver for the Middle East
Business & Finance

PHOTO: IHC Beaver for the Middle East

Royal IHC said in its latest announcement that their first IHC Beaver ever built in the Middle East was officially launched today. “We are proud of our local project team in Dubai, who did a great job, together with colleagues in the Netherlands,” the Dutch based supplier of equipment, vessels and s

about 7 years ago
Fact.MR: Supportive Initiatives to Enhance Dredging Activities
Business & Finance

Fact.MR: Supportive Initiatives to Enhance Dredging Activities

The dredging market will record a modest 2.7% CAGR between the forecast 2017 and 2022, according to a new Fact.MR study. While dredging seeks extensive application across various areas ranging from trade activity to coastal protection, revenues from dredging activities in urban development will incr

about 7 years ago
Navingo Career Event 2019
Business & Finance

Navingo Career Event 2019

Everyone who is interested or curious about a career in the maritime, offshore and energy sector can register for free as of February 19th to visit the Navingo Career Event on 23 May 2019. At the Navingo Career Event career and development in this innovative sector come together. Visitors meet leadi

about 7 years ago
Highlights of the Week
Business & Finance

Highlights of the Week

Dredging Today brings you an overview of the most popular stories from the past week (February 11-17, 2019). NMDC, Ravestein Ink Deal for New Backhoe Dredger National Marine Dredging Company (NMDC) and Ravestein B.V. from the Netherlands have just signed a contract to design, construct, commission

about 7 years ago
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