Search results for: FY13

24 results

A list of search results

  • 7 November 2013
    Business & Finance

    The U.S. Army Corps of Engineers, Charleston District, has introduced a list of plans and programs that they have undertaken in fiscal year 2013. “This announcement includes our big accomplishments and also the full list of everything we did for our customers throughout the fiscal year 2013,” they stated. Civil Works Charleston Harbor • Dredging: […]

  • 14 February 2012

    The President’s fiscal year 2013 Civil Works budget released yesterday included $2.8 million for the Savannah Harbor Expansion Project (SHEP). “The funding announced today, along with more than $180 million in state funds that have either been committed or budgeted, will allow this project to stay on track,” said Georgia Governor Nathan Deal. “We plan […]

  • 14 February 2012

      With the release yesterday of President Obama’s fiscal 2013 budget, the American Association of Port Authorities (AAPA)—representing seaports in the United States and throughout the Americas—is expressing both accolades, and some disappointment, over various aspects of the budget pertaining to ports and the efficient and secure movement of freight. Kurt Nagle, AAPA’s president and […]

  • 14 February 2012

    The President’s fiscal year 2013 (FY13) Civil Works budget, released yesterday, contains more than $66 million for projects, analyses, and operations and maintenance in the U.S. Army Corps of Engineers, Savannah District. The President included the funds for the Savannah district in a total civil works request of $4.731 billion he sent to Congress. The […]

  • 29 October 2014
    Business & Finance

    India Ratings & Research (Ind-Ra) has assigned Dredging Corporation of India Limited (DCI) a Long-Term Issuer Rating of ‘IND AA’ with Stable Outlook. The rating reflects DCI’s moderate to strong operational linkages with the government of India (GoI; 78.56% shareholder) and strong market position in the domestic dredging market. DCI’s ownership by GoI has facilitated […]

  • 26 June 2014
    Business & Finance

    The Redwood City Port Commission has approved its fiscal year 2014-2015 budget, projecting operating revenues at $6,627,720 and operating expenses at $4,281,890. Operating income of $2.3 million is offset by $660,000 in net non-operating expenses, primarily due to the interest expense on the Port’s 1999 and 2012 revenue bonds. Subvention of $398,000 to the City […]

  • 18 December 2013
    Business & Finance, Equipment, Technology

    Essar Ports Ltd, part of the $39 billion Essar, announced that Essar Vizag Terminals Ltd., a wholly-owned subsidiary of the company, has entered into a concession agreement with Visakhapatnam Port Trust for development and operations of three iron ore berths at Visakhapatnam Port on BOT basis over a period of 30 years. These three berths […]

  • 31 October 2013
    Business & Finance

    Essar Ports Ltd., part of the Essar Group, today announced its unaudited results for the quarter ended September 2013. Speaking on the key highlights for the quarter, Mr. Rajiv Agarwal, Managing Director, Essar Ports Ltd. said: “Our performance is consistent with the growth targets we have set for ourselves and we are confident of delivering […]

  • 22 July 2013

    In results announced at the regular Board meeting, South Carolina’s public seaport system continued above-market growth during fiscal year 2013. Container business at the Port of Charleston was up nine percent in the fiscal year that ended June 30, with 1.56 million 20-foot equivalent units (TEUs) handled during the past 12 months. “The shipping industry […]

  • 2 July 2013
    Business & Finance

    U.S. Senator Lindsey Graham (R-South Carolina) said Folly Beach will receive $20.4 million in beach renourishment funding. “I appreciate Secretary Darcy working with us to get these funds reprogrammed,” said U.S. Senator Lindsey Graham. “This should allow us to move to construction by the end of October. It’s an important project and I’m glad we’re […]

  • 27 June 2013
    Business & Finance

    The U.S. Army Corps of Engineers Los Angeles District has received guidance that its Fiscal Year 2013 Civil Works program post-sequestration funding will be appropriated at $27,333,649 for construction, investigations and operations and maintenance. Funding for construction projects totals $18,255,415 and includes $5,251,476 for the Tucson Drainage Area in Arizona, and $79,840 for Murrieta Creek, […]

  • 27 June 2013
    Business & Finance

    The U.S. Army Corps of Engineers released its work plans, or spending plans, through the end of Fiscal Year 2013 (FY13) for five appropriation accounts in the Army Civil Works program. President Obama signed the Further Continuing Appropriations Act, 2013, Division F of Public Law 113-6, into law on March 26, 2013. The Act provided […]

  • 26 June 2013

    The Fiscal Year 2013 Work Plan was released by the Office of Management and Budget and included $20.4 million for the U.S. Army Corps of Engineers, Charleston District to perform a beach renourishment at Folly Beach. The funds received, along with the City of Folly Beach’s 15 percent cost share, will allow the Charleston District […]

  • 14 March 2013
    Business & Finance

    To help better inform citizens on what the 2013 Water Resources Development Act (WRDA) will include, Sen. Vitter’s Press Office compiled several background summaries of provisions of this legislation. This particular background summary is on the Harbor Maintenance Trust Fund language that will likely be included in WRDA. Harbor Maintenance Trust Fund Problem • The […]

  • 13 February 2013
    Business & Finance

    Mercator Limited, a diversified Group today announced its unaudited financial results for the nine months ended December 31, 2012. The total consolidated income for the said period was Rs.2727Cr. against Rs. 2680 Cr. during 9MFY12.The Operating Profit (PBIDT) was Rs. 410cr as compared to Rs. 467cr during 9MFY12. The consolidated net profit after tax and […]

  • 17 January 2013
    Business & Finance

    Essar Ports Ltd., part of the Essar Group, today announced its unaudited results for the quarter ended December 2012. Operational highlights: – The company commissioned the state of the art 16 MMTPA Dry Bulk Terminal at Paradip, with a fully mechanized ship loading system with a capacity of 5,000 tons per hour. It is one […]

  • 16 November 2012
    Business & Finance

    Mercator Limited announced its un-audited financial results for the half year ended September 30, 2012. The total consolidated income for the H1FY13 was Rs. 1917 Cr. against Rs. 1580 Cr. during H1FY12 recording an increase of 21% on YOY basis. The Operating Profit (PBIDT) at Rs. 358 cr increased by 18% compared to Rs. 304 […]

  • 29 August 2012
    Business & Finance

    During the speech at the Annual General Meeting, Mr. H. K. Mittal, the Executive Chairman of the Mercator Limited, shared a snapshot of the performance and challenges that the company experienced recently. “The company’s dredging fleet continues to remain fully employed directly with end users from both public sector ports as well as private sector […]

  • 14 August 2012
    Business & Finance

    Mercator Limited announced its un-audited financial results for the quarter ended June 30, 2012. The total consolidated income for the Q1FY13 was Rs. 1095 Cr. against Rs. 799 Cr. during Q1FY12 recording an increase of 37% on YOY basis. The operating profit (PBIDT) at Rs. 182 Cr increased by 18% compared to Rs. 154 Cr […]

  • 9 August 2012

    Charles G. Kopp, Esq., Chairman of the Philadelphia Regional Port Authority (PRPA), welcomed Pennsylvania Governor Tom Corbett and about a dozen federal, state, and local legislators to the Packer Avenue Marine Terminal, PRPA’s largest cargo facility, on Tuesday, August 7 to laud recent progress of the Delaware River Main Channel Deepening Project, and to keep […]

  • 1 August 2012

    U.S. Senator Mary L. Landrieu, D-La., yesterday announced that the Corps of Engineers will be relocating a cutterhead dredger to the Port of Lake Providence to make the channel navigable again. The cutterhead dredger is expected to arrive in Lake Providence within two weeks. The Corps will continue searching for opportunities to expedite relocation of […]

  • 27 April 2012

    U.S. Senator Mary L. Landrieu, D-La., secured $16.8 million for the Louisiana Coastal Area Program (LCA) to begin construction on LCA Ecosystem Restoration projects and $9.36 million to study future projects. The funding was included during a markup by the Senate Energy and Water Appropriations Subcommittee of the FY13 Energy and Water Development appropriations bill. […]

  • 15 February 2012

      Savannah’s delegation to the United States Congress applauded the announcement that the U.S. Army Corps of Engineers will direct an additional $2.5 million toward the Savannah Harbor Expansion Project. The funding, which will go directly toward project construction, comes from a general fund provided by Congress for the Corps’ ongoing work and is in […]

  • 14 February 2012

      The President’s Budget for fiscal year 2013 (FY13) includes $4.731 billion in discretionary funding for the Civil Works program of the U.S. Army Corps of Engineers (USACE). The Honorable Jo-Ellen Darcy, Assistant Secretary of the Army for Civil Works, said, “The fiscal 2013 Civil Works budget for the U.S. Army Corps of Engineers reflects […]