BAM International, the operating company of Royal BAM Group active outside of Europe, has been awarded a contract to construct the marine infrastructure for the phase 3 of the Al-Dabbiya oil field development by client Abu Dhabi Company for Onshore Oil Operations (ADCO). BAM expects to complete this
Ackermans & van Haaren, a diversified group active in 5 key segments: Marine Engineering & Infrastructure (DEME,one of the largest dredging companies in the world), Private Banking, Real Estate, Leisure & Senior Care, Energy & Resources and Development Capital, today announced its 2013 half-year res
As a dredge moves farther away from the discharge point, the pump speed is increased to maintain a proper slurry velocity within the pipeline. Once maximum pump speed has been achieved, further increasing the discharge distance causes the cost-per-ton of material moved to rise, while production decl
Head of the Suez Canal Authority (SCA) Mohab Mamish and United Arab Emirates Minister of State Sultan Ahmed al-Gaber earlier this week gave the green light for the start of dredging works on the new Suez Canal project. Earlier this month, the heavy duty dredger of the National Marine Dredging Compan
Royal Boskalis Westminster N.V. has concluded a good third quarter. Revenue and earnings, adjusted to reflect the deconsolidation of SAAM SMIT Towage, are in line with the first two quarters of 2014. At Dredging the possible settlement of a number of old projects mentioned during the presentation of
Continuous improvement to X-Subsea’s services resulted in a successfully tested ‘launch & recovery’ of a Scandredge – completed in one lift including hoses, rather than several separate lifts. The Scandredge is a standalone subsea dredger operated by customer’s divers or ROVs. This dredger effective
Saudi Arabia is experiencing exponential growth in its ports and shipping sectors with a number of mega infrastructural land and sea projects planned and currently in progress, totaling US$ 30 billion within the government’s current five-year plan. To promote internal and foreign direct investment s
DRAGFLOW, a world player in solid pumping solutions with over 25 years of experience in manufacturing heavy duty pumps and complete dredging equipment, will be present at Big 5 Exhibition, the International Building and Constructor Show, (November 17 – 20) in Dubai World Trade Center, and will revea
The giant container ship “Ever Logic” of Evergreen Shipping Line, with a length of 335 meters and a tonnage of 8452 TEU, berthed at the Port of Aden two days ago to discharge transit containers to neighboring ports. This visit is considered the beginning of regaining container transshipment business
NMDC Dredger Al Mirfa Enters Suez The official commencement of the Suez Canal Expansion Dredging Contract is now one step closer with the arrival of the first Consortium dredger, the National Marine Dredging Company’s ‘Al Mirfa’. Dutch, Egyptian MoU Signed Egypt and the Netherlands have signed [&h
Arab National Bank (ANB) and Huta Marine Works have inked a loan agreement in the amount of $692.8 million, under which ANB will finance the construction and development of the King Abdullah Port project in Saudi Arabia. According to Robert Eid, managing director and CEO, “This deal is part of the b
The official commencement of the Suez Canal Expansion Dredging Contract is now one step closer with the arrival of the first Consortium dredger, the National Marine Dredging Company’s ‘Al Mirfa’. Dignitaries from Egypt, United Arab Emirates, Netherlands and Belgium celebrated the arrival of the vess
