Search results for: Capital

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  • 18 November 2015
    Business & Finance

    The Fiscal Year 2016 Operating and Capital Budget was approved Tuesday (November 17) during a special meeting of the Port Commission of the Port of Houston Authority (PHA). Solid financial performance is expected to continue in 2016 with projections by the PHA of revenue growth after a very strong fiscal 2015 in terms of cargo tonnage. […]

  • 1 October 2015
    Business & Finance, Equipment, Technology

    Great Lakes Dredge and Dock Company (GLDD) from Oak Brook, Illinois, has won a $76.8 million firm-fixed-price contract for dredging, rock removal and deepening of the Delaware River main channel. This capital cleanup project will be performed in Chester, Pennsylvania; Pedricktown, New Jersey; and Claymont, Delaware, with an estimated completion date of December 31, 2017. The […]

  • 13 November 2015
    Business & Finance, Equipment, Technology

    DEME Group, a Belgian dredging, environmental and marine engineering company, has secured several international dredging contracts with a total contract value of 150 million euros. It concerns projects that will strongly improve the accessibility of various world ports for international shipping. The execution of the contracts will start immediately and will happen on a tight schedule. […]

  • 13 July 2015
    Business & Finance

    The Commission’s record €13.1 billion investment plan for the transport sector is coming closer to reality, after EU Member States approved the list of projects to receive funding under the Connecting Europe Facility (CEF). Out of the 276 selected, a number of projects will serve the Baltic ports. Whole process of application and evaluation has been coordinated by […]

  • 29 October 2018
    Business & Finance

    The Port of Klaipeda is about to begin a large-scale dredging project in the Malku Bay, reports the State Seaport Authority. “I should characterize the infrastructure development works in Malku Bay as historical ones. The key goal is to reach the depth up to 14.5 meters in order to load to full extent the Panamax type vessels. […]

  • 9 November 2016
    Business & Finance

    The IQPC’s 8th Annual Dredging & Reclamation Summit 2016 will take place from 15th to 17th November in Brisbane. This year’s summit will focus on improving cost efficiency, reducing lead time and ensuring the sustainability of dredging operations across industry. As Federal, State and Local governments move to protect their environmental resources, there is uncertainty […]

  • 23 June 2010

    Senator John Cornyn (R-TX) sent a letter to Admiral Thad Allen today supporting Allegiance Capital’s request for a waiver of the Jones Act. For more than two weeks, Fred McCallister, Vice President of the Dallas-based investment bank, has been requesting a waiver of the Jones Act in order to bring boats from Europe to U.S. […]

  • 4 March 2016
    Business & Finance

    The Irish Government’s Department of Agriculture, Food & the Marine has just announced a tender for the Rossaveel Small Craft Harbor capital dredging works. The dredging operations associated with the small craft harbor will require the removal of approximately 78,000 m³ of material to create a manoeuvring basin and berthing area with a minimum depth of 2.8 m […]

  • 16 September 2016
    Business & Finance

    Boskalis Westminster, with the permission from the Ministry of Defense, will be hosting a CEDA UK visit to the current 3 million m³ capital dredging project at Portsmouth. This site visit, set to take place on Tuesday, October 18th 2016, will explore the dredging operation aimed at granting access to the new Queen Elizabeth Class […]

  • 30 September 2015
    Business & Finance

    Simon Harris, Fine Gael TD for Wicklow and Minister for the Office of Public Works (OPW), has announced details of a €430 million 6 year program of capital investment on flood defense measures as part of the Governments overall Capital Investment Plan 2016–2021. This program will build on the very significant investment that has already […]

  • 5 November 2014
    Business & Finance

    Macquarie Capital, the corporate advisory, principal investing and capital markets arm of Macquarie Group yesterday announced an agreement to form Macquarie Development Corporation, an investment corporation that will invest equity in pre-construction infrastructure development projects in Latin America. Macquarie Capital will partner with foundation shareholders China Communication Construction Company (CCCC) and Banco Modal and expects […]

  • 15 July 2020
    Business & Finance

    Great Lakes Dredge & Dock Corporation (GLDD) is scheduled to present in the Noble Capital Markets Virtual Roadshow Series on Wednesday, July 15, 2020 at 10 a.m. C.D.T. Chief Executive Officer and President, Lasse Petterson, and Chief Financial Officer, Mark Marinko will provide an exclusive corporate presentation. The presentation will be followed by a live […]

  • 30 June 2016
    Business & Finance

    Malaysia’s Federal Government has approved another $82.25 million in funding for Suria Capital Holdings Bhd’s Sapangar Bay container port expansion program, which raises the cost of the entire project to $280 million, according to Deal Street Asia. This approval for the increase in funding from the federal government came following a recommendation by the Value […]

  • 29 October 2012

    Israel Ports Development & Assets Co introduced plans for the construction of the “Hadarom Port Project” in Ashdod Israel and/or construction of the “Hamifratz Port Project” in Haifa Israel. The works, for each port project, basically consist of the following: a. Construction of a Staging Harbour (only for the Hadarom Port Project in Ashdod.) b. […]

  • 7 October 2015
    Business & Finance, Equipment, Technology

    During planning processes for dealing with flood risk management, the early identification of the economic and ecological benefits delivered by nature-inclusive solutions results in different choices. The Natural Dutch Capital approach – which is based on the identification, valuation and capitalization of ecosystem services – is a useful method here. Deltares and Alterra arrived at […]

  • 23 June 2014
    Business & Finance, Project & Tenders

    Vietnamese Deputy Prime Minister Hoang Trung Hai, Ho Chi Minh City Party Committee Secretary Le Thanh Hai and Deputy Ambassador of Belgium in Vietnam Geert Vansintjan initiated the second phase of the Soai Rap River dredging project on Saturday, June 21, reported vietnamnews.vn. The 54 kilometer long route of the Soai Rap Waterway dredging project, […]

  • 16 November 2012

    The state-run Taiwan International Ports Corporation (TIPC) signed agreements Friday with 18 local companies that have pledged to invest a combined total of NT$55.4 billion (US$1.89 billion) in major harbors in Taiwan. TIPC said the investments are expected to create about 5,600 jobs and generate NT$30.6 billion in tax revenue for the government over the […]

  • 30 August 2016
    Business & Finance

    The Ministry of Shipping of India has formulated a revised Central Sector Scheme aimed to provide financial support for the creation of infrastructure that will promote movement of cargo/passengers by sea or National Waterways. This is in line with the ministry’s port-led- development program – Sagarmala – for creating better infrastructure and promoting coastal shipping for […]

  • 2 August 2012

    Royal Boskalis Westminster N.V. has acquired a contract with port operator Jawaharlal Nehru Port Trust (JNPT) for deepening and widening the port and access channel of JNPT in Mumbai, India. The contract has a total value of approximately EUR 175 million. The dredging work will commence in September 2012 and is expected to take two […]

  • 6 July 2011

    The Chittagong Port Authority (CPA) has launched a capital dredging project at the port…   (bdnews24) [mappress] Source: bdnews24, July 6, 2011;

  • 25 August 2015
    Business & Finance

    Recent funding announcements from the Canadian and New Brunswick governments and Port Saint John include a major harbor deepening program that will eliminate tidal challenges for cruise ships. The seven-year, $205 million project, which is a 3-way funding partnership, involves major capital work at the Port’s West Side cargo handling piers and facilities but will also […]

  • 16 March 2015
    Business & Finance

    The Federal Government is taking the next vital step to protect the Great Barrier Reef with the release of details of the plan to ban capital dredge material disposal in the Great Barrier Reef Marine Park. “We are delivering on our commitment to end this century-old practice. This demonstrates our commitment to the Reef and […]

  • 9 October 2017
    Business & Finance

    Bangladesh Shipping Minister Shahjahan Khan yesterday inaugurated the capital dredging work that will take place along ‘Daudkandi-Homna-Ramkrishnapur’ river routes. According to the minister, the government will soon set up a modern river port at Daudkandi. He also said that the country’s rivers have been losing their navigability due to negligence of the previous governments, “but the […]

  • 22 December 2016
    Project & Tenders

    Governor Tom Wolf and Senator Bob Casey are openly showing their support for the $300 million Capital Investment Program at the Port of Philadelphia. Yesterday, during Gov. Wolf visit to Philadelphia, elected officials and stakeholders talked and exchanged ideas about the comprehensive investment program at the port which was announced in November. According to Gov. Wolf, by investing more than $300 […]

  • 14 September 2012
    Business & Finance

    Great Lakes Dredge & Dock Corporation announced Jonathan W. Berger, Chief Executive Officer, and Bill Steckel, Senior Vice President and Chief Financial Officer, will be presenting at the Imperial Capital 6th Annual Global Opportunities Conference in New York on Thursday, September 20, 2012. The presentation is scheduled to begin at 11:30 a.m. (E.D.T.). The Company […]

  • 23 May 2012

    The Financial Express reports that the government has backtracked from its electoral pledge of implementing Tk 114.73 billion (Tk 11,473 crore) capital dredging project during its tenure due to fund constraint. The Awami League-led alliance government undertook a mega project in 2009, but no river route has yet experienced dredging. According to the original plan […]