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  • 29 March 2012

      DP World today announces strong financial results from its global portfolio of marine terminals for the twelve months to 31 December 2011, delivering a better than expected profit for the year, after separately disclosed items, of $751 million, 67% ahead of last year. Highlights – Consolidated volumes of 27.5 million TEU (twenty foot equivalent […]

  • 30 October 2014
    Business & Finance

    The U.S. Environmental Protection Agency (EPA) and thirteen other federal partners are teaming up with San Antonio to revitalize the San Antonio River Basin and improve the local community. This partnership will reconnect local communities, particularly those that are overburdened or economically distressed, with their waterways. Improving coordination among federal agencies and collaborating with community-led […]

  • 14 August 2012

    Port Canaveral will get $24.4 million in state funding to complete its harbor widening and deepening project to accommodate larger cruise and cargo ships. The money from the Florida Department of Transportation (FDOT) will allow the project to be completed four years earlier than possible through the federal process. “Port Canaveral is a key component […]

  • 21 March 2012

    Transportation and Infrastructure Committee Chairman John L. Mica (R-FL) received the American Association of Port Authorities (AAPA) “Port Person of the Year” award yesterday, in recognition of his support in improving the nation’s maritime and port infrastructure. Chairman Mica spoke to a gathering of the nation’s port leaders in Washington during AAPA’s 100th anniversary event, […]

  • 29 July 2013

    The first of hundreds of massive boulders will be moved into place at Kirra Point groyne today. Mayor Tom Tate said the work, to reinstate 30 metres of Kirra groyne that was removed in 1996, marks a significant milestone for one of the Gold Coast’s most iconic surf beaches. “The local surfing community asked City […]

  • 13 July 2015
    Business & Finance

    Gail Shea, the Minister of Fisheries and Oceans, has announced that the federal government is investing in a major project to improve the harbor at Skinners Pond, PEI. The project will provide a safer and more efficient working environment for harbor users and local fishermen. This year at Skinners Pond, plans will be developed for extending […]

  • 14 August 2020
    Infrastructure

    The twelfth caisson for Aberdeen Harbor’s expansion project arrived in Aberdeen today, following a 48-hour journey from storage in the Cromarty Firth.  The caisson forms part of the north-facing Castlegate Quay, which is 540 meters long, and will support the international shipping industry, and sectors including renewables and decommissioning.   The caisson is approximately 51-meters […]

  • 17 April 2017
    Business & Finance

    The U.S. Army Corps of Engineers held its first-ever regional collaboration meeting with the Commonwealth of Pennsylvania last week at the Rachel Carson Building in Harrisburg, aimed at increasing awareness of interagency capabilities and strengthening partnerships.  “This workshop is important, so we know what everyone’s piece to play is in the Commonwealth,” said Brig. Gen. Tony […]

  • 4 January 2013
    Business & Finance, Equipment, Technology

    PD Ports has successfully installed a new Terminal Operating System (TOS) at Teesport. The new system, which was built by Navis, a software development company specialising in terminal operating systems, was introduced to further improve efficiency for customers, as well as the speed and agility of operations at Teesport’s container terminal. The implementation of the […]

  • 19 January 2012

    Today, recruitment and crewing agency iPS opens a new office in Scheveningen, The Hague. Director Erwin Broeders said: “Growing market demands and increasing workloads require a full dedication to our offshore activities.” iPS has given the dedicated Offshore team their own identity. This comes with a nice location with eight workstations in the harbour of […]

  • 12 October 2017
    Business & Finance

    Fugro and Global Marine Holdings LLC have signed an agreement under which GMG will acquire Fugro’s trenching and cable laying business in exchange for an equity stake of around 24% in the combined business valued at $65 million, and a one year secured vendor loan of $7.5 million. According to Fugro, the transaction also involves […]

  • 2 July 2018
    Business & Finance

    The Ecuadorian Ministry of Transport and Public Works gave its green light recently for the International Container Terminal Services’ largest port concession in the Americas – Contecon Guayaquil SA (CGSA) – to accommodate mega vessels of up to 305 meters in length at the Port of Guayaquil’s Berths 2 and 3. International Container Terminal Services said […]

  • 10 October 2013
    Business & Finance, Equipment, Technology

    International Association of Dredging Companies IADC has announced its Dredging in Figures 2012. This is an annual review of the global dredging market. The document focusses on the global dredging and maritime construction industry over 2012. The IADC aims to be thorough and precise in estimating the figures presented in this document. The statistics provided […]

  • 5 May 2016
    Business & Finance, Project & Tenders

    Orion Marine Group, Inc. (ORN), today reported a net loss for the three months ended March 31, 2016, of $1.2 million. These results compare to a net loss of $0.3 million for the same period a year ago. According to Mark Stauffer, Orion Marine Group’s President and Chief Executive Officer, the first quarter has historically been […]

  • 31 May 2012

    The U.S. Army Corps of Engineers Galveston District launched its new website offering visitors quick and easy access to essential information about the district’s missions. The site is number eight of 58 USACE sites to be migrated this year to a cloud-based system, enabling the Corps to create a consistent look and feel and provide […]

  • 8 June 2012

    Congressman Charles W. Boustany, Jr., released the following statement after the House voted to pass the FY 2013 Energy & Water Appropriations bill. This bill continues to ignore South Louisiana’s coastline and wetlands and severely underfunds the U.S. Army Corps of Engineers Operations & Maintenance account at the expense of the nation’s waterways. Boustany, an […]

  • 26 February 2013

    State Rep. Al Pscholka and state Sen. John Proos announce that the Michigan Department of Natural Resources (DNR) Emergency Dredging Plan includes a proposed $105,000 for the St. Joseph West Basin Marina harbor, $1 million for the New Buffalo Municipal Marina and $436,050 for the South Haven Municipal Marina. The DNR 2013 Emergency Dredging Initiative […]

  • 17 September 2020
    Technology

    The Seattle and Denver offices of the Environmental Protection Agency are awarding $2M in grants to 14 organizations, universities, and government agencies to reduce and assess toxics affecting the Columbia River Basin watershed. The grants are the first from the Columbia River Basin Restoration Funding Assistance Program which was established by Congress in 2016. “These […]

  • 4 December 2018
    Business & Finance, Project & Tenders

    The Diversion Board of Authority yesterday accepted a new cost estimate and adjusted funding plans for the FM Diversion Project and endorsed the proposed funding approach. After reviewing the updated costs, design changes from Plan B, and modifications to utility relocates along the channel and revised contingencies, the total project is now estimated to cost $2.75 billion. The […]

  • 22 November 2011

    U.S. Senators Bob Casey, Pat Toomey  and Chris Coons have filed an amendment to an appropriations bill that would increase the potential of securing the Delaware River dredging project federal funding. The amendment would move formerly appropriated funds in the Army Corps of Engineers budget to navigation projects directed towards improving our Nation’s rivers traffic […]

  • 13 May 2013
    Business & Finance

    The Port of Felixstowe has received the prestigious ‘Best Container Terminal in Europe’ Award at the 27th Annual Asian Freight & Supply Chain Awards (the AFSCAs). The award was presented to the Port at a glittering ceremony held in Beijing. Commenting on the award, Clemence Cheng, Chief Executive Officer of Hutchison Ports (UK) Limited, owners […]

  • 29 January 2015
    Business & Finance

    U.S. Representative Brian Babin (TX-36) announced yesterday his selection to several key subcommittees that are critically important to the 36th District of Texas. On the House Transportation and Infrastructure Committee, Babin will serve on the Highways and Transit Subcommittee; the Railroads, Pipelines, and Hazardous Materials Subcommittee; and the Water Resources and Environment Subcommittee. “As a […]

  • 2 October 2019
    Business & Finance

    Mississippi Governor Phil Bryant has announced 17 projects totaling more than $20.85 million that will be funded through the most recent Phase II Gulf of Mexico Energy Security Act (GOMESA) disbursement. GOMESA was created in 2006 by Congress and shares leasing revenues among the four Gulf oil and gas producing states of Alabama, Louisiana, Mississippi, Texas […]

  • 23 February 2012

    Peterson SBS announces a £1.5 million capital investment in its quayside operations at Aberdeen Harbour. The company has leased a further two berths from Aberdeen Harbour Board and has secured additional accommodation, including a transit warehouse for the receipt and containerisation of items and equipment consigned for offshore and international distribution and office accommodation for […]

  • 18 December 2012

    African Minerals has decided to expand existing rail and port infrastructure at Pepel rather than develop a new port at Tagrin Point. This decision follows a scoping level review of expansion options as it continues to ramp up production at the Tonkolili iron ore mine in Sierra Leone. It says this will result in substantial […]

  • 23 May 2013
    Business & Finance

    The European Commission has today launched a new initiative to improve port operations and onward transport connections at 319 key seaports along Europe’s coastline. The guidelines and legal changes being proposed will help port operators upgrade their services and facilities as well as giving them more financial autonomy. 74% of the goods entering or leaving […]