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Middle East

Boskalis: Strong Performance in 2014
Business & Finance

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

about 11 years ago
New Terra et Aqua Introduced
Business & Finance

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

about 11 years ago
Picture of the day: ‘Athena’ in Kuwait
Business & Finance

Picture of the day: ‘Athena’ in Kuwait

Kuwait National Petroleum Company (KNPC) is building one of the largest oil refining plants in the world. The refinery will be constructed on land reclaimed by Van Oord in ‘sabkha area’, a salt plain near the coast some 30 kilometers north of the Saudi border. The project involves dredging and recla

about 11 years ago
CHEC Nabs Falcon Island Dredging Contract
Business & Finance

CHEC Nabs Falcon Island Dredging Contract

China Harbour Engineering Company (CHEC) has won a $40.8 million (AED150 million) contract for the marine and infrastructure works at Al Hamra’s Falcon Island project in Ras Al Khaimah, the UAE’s most northern emirate. Designed to house the first LEED Platinum Certified real estate of its kind in th

about 11 years ago
Highlights of the Week – Readers’ Choice
Business & Finance

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 Ports

about 11 years ago
New Hamad Port Project Ahead of Schedule
Business & Finance

New Hamad Port Project Ahead of Schedule

Last Thursday, 26 February 2015, the Deputy Emir of Qatar His Highness Sheikh Abdullah bin Hamad Al Thani officially started the controlled flooding operations for the new Hamad Port Project in the presence of His Highness Abdullah bin Nasser bin Khalifa Al Thani, the Prime Minister and His Excellen

about 11 years ago
Highlights of the Week – Readers’ Choice
Business & Finance

Highlights of the Week – Readers’ Choice

Picture of the Day: Dredgers Crowding New Suez The New Suez Canal project is currently under construction and is scheduled to be delivered next August. Chief Mate Guilty Over Fatal Dredger Collision On the 8th June 2014 the Shoreway, a 98 metre 5000 tonne dredger, owned […]

about 11 years ago
DEME: New Contracts Worth 1.6 Billion EUR
Business & Finance

DEME: New Contracts Worth 1.6 Billion EUR

DEME, the Belgian dredging, hydraulic engineering and environmental solutions group, has secured a number of new contracts worldwide. The total value of these orders is approximately 1.6 billion EUR. Foremost important is a Letter of Award received in Singapore. The Maritime and Port Authority of Si

about 11 years ago
Highlights of the Week – Readers’ Choice
Business & Finance

Highlights of the Week – Readers’ Choice

Picture of the Day: ‘Artemis’ in New Suez Canal The New Suez Canal dredging program is moving ahead. The Van Oord’s self-propelled cutter suction dredger ‘Artemis’ arrived two days ago at the site and started work immediately. VIDEO: Reuse of Dredged Materials by DEME DEME has […]

about 11 years ago
IADC Kicks Off Photo Contest
Business & Finance

IADC Kicks Off Photo Contest

To celebrate the International Association of Dredging Companies’ 50th anniversary, IADC is assembling a comprehensive photographic book with impressive pictures of the major dredging projects over the last 50 years. “Beyond Sand and Sea: 50 years – maritime masterpieces” will be published as a limi

about 11 years ago
DP World Announces New Developments
Business & Finance

DP World Announces New Developments

DP World Limited handled 60 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals during 2014, with gross container volumes growing by 8.9% on reported basis and 8.0% on a like-for-like basis. New volume at London Gateway (UK) and Embraport (Brazil) contribute

about 11 years ago
Highlights of the Week – Readers’ Choice
Business & Finance

Highlights of the Week – Readers’ Choice

VIDEO: Panama Canal Expansion – January 2015 The largest infrastructure project since the waterway’s original construction, the Panama Canal Expansion Program will create a new lane of traffic along the Canal through the construction of a new set of locks, doubling the waterway’s capacity. Van Oor

about 11 years ago
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