Search results for: DCI

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  • 28 May 2020
  • 28 May 2020
  • 28 May 2020
  • 28 May 2020
  • 28 May 2020
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  • 28 May 2020
  • 6 February 2020
    Business & Finance

    Dredging Corporation of India Ltd (DCI) has won a Naval Dockyard’s (Mumbai) contract for dredging work at the naval sites in Mumbai area.   The project involves a one year maintenance dredging program at a cost of $9.3 million. The contract agreement between DCI and Indian Navy was signed yesterday. Under the project schedule, DCI plans […]

  • 5 September 2019
    Business & Finance

    Dredging Corporation of India Limited (DCI) has capacity to meet the lion’s share of India’s maintenance and capital dredging market, according to the DCI’s Managing Director, Shri Rajesh Tripathi. Addressing the delegates of the ‘Tenth Annual Conference on Dredging in India’ in Mumbai, he said that after the takeover of DCI by a consortium of […]

  • 3 September 2019
    Business & Finance

    New Mangalore Port Trust (NMPT) has selected Dredging Corporation of India (DCI) to perform the post-monsoon maintenance dredging of the port, informs the NMPT. Under the contract, DCI will carry out the post monsoon dredging operations, including the dredging at berth no 16. Port officials expect dredging to begin from mid-September 2019. The contractor will […]

  • 20 May 2019
    Business & Finance

    Dredging Corporation of India (DCI) has won the annual maintenance dredging contracts from Paradip Port Trust and Cochin Port Trust, The Hindu Business Line reports.  These are the first contracts since the central public sector undertaking was acquired by a consortium of four major port trusts – Visakhapatnam Port Trust, Paradip Port Trust, Jawaharlal Nehru […]

  • 28 January 2019
    Business & Finance

    Mercator, one of India’s diversified conglomerates with interests in coal, oil and gas, shipping and dredging, said in its latest release that the Dredging Corporation of India (DCI) had filed an appeal before the courts in London against the arbitration awards of approx. $7 million payable to Mercator by DCI.  On 25 January 2019, the appeals filed by DCI have been dismissed with […]

  • 10 December 2018
    Business & Finance

    The U.S.-Flag dredging industry is commemorating the 77th anniversary of the Japanese air raid on the United States Naval Base at Pearl Harbor, highlighting the critical need for a robust American shipbuilding capacity to ensure for the preparedness of the nation. “The American-Flag dredging industry is building ships, creating jobs, and ensuring the economic and national […]

  • 5 February 2018
    Business & Finance

    The Government has decided to sell off its entire public stake in Dredging Corporation of India (DCI). The information was given today by the Minister of State for Road Transport and Highways, Shipping and Chemical & Fertilizers Shri Mansukh L Mandaviya. According to the minister, this decision aims to upgrade technology, improve capability, infuse capital […]

  • 29 January 2018
    Business & Finance

    The Visakhapatnam Port Trust (VPT) has started the pipeline laying operations for the Visakhapatnam beach nourishment scheme, The Hindu reports.  The coastal protection project, undertaken by Dredging Corporation of India and set to last one month, will include placement of a significant amount of new sand onto the eroded beaches in Visakhapatnam. On the recommendation of Deltares, a Netherlands-based independent […]

  • 11 January 2018
    Business & Finance

    Dredging Corporation of India Limited (DCI) has won a contract to carry out the $13.9 million maintenance dredging works at the Cochin Port for the year 2017-18, the Bombay Stock Exchange (BSE) said in their latest announcement.  In August 2017, the Cochin Port Trust announced tender for the 2017-18 maintenance dredging program, which is one of […]

  • 3 January 2018
    Business & Finance

    The agitation by the employees of the public sector Dredging Corporation of India (DCI) against the proposed strategic sale of equity has entered its 37th day, local media reports.  “A decision for going on an indefinite camp will be taken shortly after consulting all the unions,” a spokesperson for ‘Save DCI JAC’ said. Ignoring the protests from the employees and political parties, the […]

  • 13 December 2017
    Business & Finance

    A Memorandum of Understanding (MoU) was signed yesterday between Dredging Corporation of India (DCI) and National Highways Authority of India (NHAI) for facilitating the supply of sand for highways construction work. The Government reported that concessionaires working on highways projects have been facing a shortage of sand at many sites. This MoU aims to fill […]

  • 7 December 2017
    Business & Finance

    Actor and Jana Sena Party (JSP) founder, Mr. Pawan Kalyan, extended his support to the employees of Dredging Corporation of India (DCI) in Visakhapatnam yesterday, local media reports. The JSP chief joined the employees in their fight to stop privatization of Dredging Corporation of India (DCI). Pawan has also written a letter of appeal to the Prime […]

  • 5 December 2017
    Business & Finance

    The ongoing agitation of the Dredging Corporation of India’s employees against the proposed sale of equity has intensified after an employee of DCI reportedly ended his life in Vizianagaram district yesterday in protest against the move, The Hindu Business Line informs. The body of N. Venkatesh (29) was found near the railway track near Nellimarla in Vizianagaram […]

  • 19 June 2017
    Business & Finance

    The Indian government is planning an outright sale of the Dredging Corporation of India (DCI) through auction, according to the local media. Besides DCI, there is also a proposal to sell 100% government holding in four unlisted companies: Kamarajar Port, HLL Lifecare, Indian Medicines and Karnataka Antibiotics. The core group of secretaries on disinvestment, headed […]

  • 31 March 2017
    Business & Finance, Equipment, Technology, Vessels

    HR Wallingford has been awarded a contract to work in partnership with M/S Dredging Solutions to support the expansion of the dredging activities of the Indian Government-owned Dredging Corporation of India (DCI). Working as Technical and Project Consultants, HR Wallingford will share its expertise in project design, as well as its knowledge and experience in […]