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Business & Finance, Vessels
A new custom-built cutter suction dredger destined for the Panama Canal has been launched by IHC Merwede on Monday 6 September. The 12,000kW vessel has been designed and built by IHC Beaver Dredgers at its Sliedrecht shipyard in The Netherlands for the Panama Canal Authority* (ACP – the Panama Government’s autonomous agency). QUIBIÁN I was […]
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Business & Finance, Project & Tenders
Orion Marine Group, Inc., a leading heavy civil marine contractor serving the infrastructure sector, today announced a contract award of approximately $23 million. Orion Marine Group’s wholly owned subsidiary, Misener Marine Construction, Inc., was recently awarded a contract by the U.S. Navy to design and build a replacement facility for Wharf Charlie at Naval Station […]
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Orion Marine Group, Inc., a leading heavy civil marine contractor serving the infrastructure sector, today announced the christening of its newest dredge the Linda LaQuay. Orion Marine Group will christen the dredge Linda LaQuay Friday morning, August 27, 2010, in its new north yard in Port Lavaca, TX. The dredge Linda LaQuay, is a 24″ […]
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Orion Marine Group, Inc., a leading heavy civil marine contractor, today reported net income for the three months ended June 30, 2010, of $7.0 million or $0.26 diluted earnings per share (based on 27,200,611 diluted shares outstanding). These results compare to net income of $6.3 million or $0.28 diluted earnings per share (based on 22,148,304 […]
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Orion Marine Group, Inc., a leading heavy civil marine contractor serving the infrastructure sector, today announced a contract award of approximately $13 million. Orion Marine Group’s wholly owned subsidiary, King Fisher Marine Service, LP., was recently awarded a contract by Cameron Parish to dredge approximately 2.7 million cubic yards of material for maintenance dredging and […]
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Business & Finance, Project & Tenders
Aconex is providing its online collaboration solution to the US$3.2 billion Panama Canal Third Set of Locks Project, one of the world’s great engineering projects. Aconex is providing all the organizations engaged on the program with a central platform for managing information and project communication. The new set of locks, at the heart of the […]
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On Saturday 24th July 2010 the scale model (1:50) of the powerful self-propelled ocean going rock cutter dredger ‘D’Artagnan’ was formally handed over by DEME’s C.E.O. Alain Bernard to the Panama Canal Authrorities (ACP) during a ceremony in the Miraflores Locks Visitor Centre. The scale model will be permanently exhibited in the most interesting official […]
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Orion Marine Group, Inc. (NYSE:ORN) (the “Company”) today announced it will release its financial results for the second quarter 2010 on Thursday, August 5, 2010, at approximately 5:00 a.m. Eastern Time/4:00 a.m. Central Time. The Company will conduct a telephone briefing at 10:00 a.m. Eastern Time/9:00 a.m. Central Time on Thursday, August 5, 2010, to […]
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Business & Finance, Project & Tenders
Orion Marine Group, Inc. a leading heavy civil marine contractor serving the infrastructure sector, today announced a project award of approximately $26 million. Orion Marine Group’s wholly owned subsidiary, F. Miller Construction, LLC. recently received a project award from the Louisiana Department of Transportation and Development to replace the fender system for the Interstate 210 […]
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Orion Marine Group, Inc., a leading heavy civil marine contractor serving the infrastructure sector, today announced it has entered into a new $75 million revolving credit facility. An additional $25 million is available under the facility subject to the lenders’ discretion. This new facility replaces the existing debt facility that would have matured in September […]
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These days, everybody wants a new port, with the help of some government cash and perhaps a chunk of change from the federal Atlantic… [mappress] Source: thechronicleherald, June 29, 2010;
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Business & Finance, Project & Tenders
In compliance with its commitment to protect and preserve the environment, the ACP along with the contractors for each component of the program and in coordination with Panama’s National Environmental Authority (ANAM), conducts wildlife rescue and relocation operations as it progresses in the various projects being executed under the Expansion Program. These activities are developed […]
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Business & Finance, Project & Tenders
ACP personnel is responsible for all dredging work to be conducted for the deepening and widening of Gatun Lake, as well as the deepening of Culebra Cut, from which 27 million cubic meters of material will be removed. To complete this project, the ACP is using the drill boats Thor and Baru and dredges Mindi […]
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Business & Finance, Project & Tenders
The Panama Canal is a 77 km (48 mi) ship canal in Panama that joins the Atlantic Ocean and the Pacific Ocean and is a key conduit for international maritime trade. Annual traffic has risen from about 1,000 ships in the canal’s early days to 14,702 vessels in 2008, displacing a total 309.6 million Panama […]
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Deputy Premier Frank Corbett said Wednesday he’s received confirmation from Keith Ashfield, minister responsible for the Atlantic… [mappress] Source: capebretonpost, June 11, 2010;
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International conference and exhibition on Environmental Sediment Dredging And Processing is to be held in Rotterdam in The Netherlands in October. The production of sediments in Europe is estimated at 1.800 million tonnes per year. Of this amount approximately 1.100 million tonnes per year are deposited in the European waterways. The rest disappears in the […]
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Orion Marine Group, Inc.,a leading heavy civil marine contractor serving the infrastructure sector, today announced a contract award of approximately $18 million.Orion Marine Group’s wholly owned subsidiary, F. Miller Construction, LLC. was recently awarded a contract by The Bayou Lafourche Fresh Water District for Phase I of the Restoration of Bayou Lafourche. As part of […]
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Orion Marine Group, Inc. a leading heavy civil marine contractor, today reported net income for the three months ended March 31, 2010, of $4.8 million or $0.18 diluted earnings per share. These results compare to net income of $4.3 million or $0.20 diluted earnings per share for the same period a year ago. “During the […]
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Bolivia will gain access to Atlantic ports in Uruguay in exchange for a pledge of natural gas exports to Montevideo in an agreement signed in La Paz March 14 by presidents Evo Morales and José Mujica. A new road will follow the Paraguay-Paraná river system, while the Andean Development Corporation (CAF)… [mappress] Source:ww4report,March 15,2010;
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The U.S. Army Corps of Engineers awarded a contract option Tuesday for the deepening of the Delaware Bay and River shipping channel. [mappress] Source: Press of Atlantic City, February 23, 2010
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Ocean City’s ongoing beach-fill project will dump about 400,000 more cubic yards of sand than originally planned after harsh weather over the past few months caused more damage to north-end beaches, city Administrator James Rutala said. [mappress] Source: Press of Atlantic City, February 5, 2010
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President Barack Obama’s federal budget includes no money for the planned deepening of the Delaware Bay and River shipping channel. [mappress] Source: Press of Atlantic City, February 1, 2010
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BEACH HAVEN- The Board of Commissioners could adopt a resolution tonight to proceed with plans for a geotube project for severely eroded beaches… Source: Press of Atlantic City, December 14, 2009;
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HARVEY CEDARS – The 24-hours-a-day, seven-days-a-week, estimated $25 million beachfill project is on target to be completed in March despite several setbacks due to inclement weather since work began about a month ago… Source: Press of Atlantic City, December 10, 2009
