Search results for: FY15

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  • 7 March 2014
    Business & Finance, Equipment, Technology

    The U.S. President Obama’s Budget for fiscal year 2015 (FY15) included more than $4.561 billion in discretionary funding for the Civil Works program of the U.S. Army Corps of Engineers, with more than $71 million for Detroit District projects around the Great Lakes. The Civil Works budget funds the operation and maintenance program, which includes […]

  • 6 March 2014
    Business & Finance, Equipment, Technology

    The U.S. President Obama’s Budget for fiscal year 2015 has been released and included $825 million in funding for the civil works program of the U.S. Army Corps of Engineers, Mississippi Valley Division. “The fiscal 2015 civil works budget for the U.S. Army Corps of Engineers reflects the Administration’s priorities of supporting and improving the […]

  • 10 March 2014
    Business & Finance, Equipment, Technology

    Last week, Governor Rick Scott issued a statement regarding the U.S. President Obama’s budget that makes significant reductions to the Lake Okeechobee dike system and Everglades projects. “Last year, Florida communities experienced a rainy season that exposed the short comings of the federal government’s inaction in funding projects to protect South Florida estuaries,” said Governor Scott. […]

  • 5 March 2014
    Business & Finance, Equipment, Technology

    The U.S. President Obama’s Budget for fiscal year 2015 (FY15) included $4.561 billion in gross discretionary funding for the Civil Works program of the U.S. Army Corps of Engineers (USACE), which is offset in part by a proposal to cancel $28 million in unobligated carryover of funds previously appropriated. “The fiscal 2015 Civil Works budget […]

  • 5 March 2014
    Business & Finance, Equipment, Technology

    U.S. President Obama’s budget proposal for fiscal year 2015 (FY15) includes funding for ongoing projects in the U.S. Army Corps of Engineers, Wilmington District. The $49.5 million designated for Wilmington District projects continue funding for conduct of one study, construction activities, and operation and maintenance of Federal projects. Under investigations, funding would complete feasibility studies […]

  • 28 March 2014
    Business & Finance, Equipment, Technology

    The Subcommittee on Water Resources and Environment, chaired by U.S. Rep. Bob Gibbs (R-OH), will hold a hearing next week on the U.S. Army Corps of Engineers proposed budget and program priorities for fiscal year (FY) 2015. The Corps provides water resources development projects for the nation, typically through cost-sharing partnerships with non-federal sponsors. Activities […]

  • 6 March 2014
    Business & Finance, Equipment, Technology

    Yesterday, the White House released the U.S. President Obama’s Budget for fiscal year 2015, which included more than $22.7 million for the civil works program of the U.S. Army Corps of Engineers, Charleston District. The budget includes $695,000 for the Charleston Harbor Post 45 project to complete feasibility study efforts, which includes completion of and […]

  • 14 November 2014
    Business & Finance

    Essar Ports Ltd. (Essar Ports), part of the Essar, today announced its unaudited results for the quarter ended September 2014. Here are some highlights of the consolidated results: 1. Revenue for the quarter increased by 1% at Rs. 435.3 crore as against Rs. 431.6 crore during previous quarter (Q1 FY15) and increased by 7% from […]

  • 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 […]

  • 6 February 2015
    Business & Finance

    The FY15 work plan that was released recently by the President Obama will provide additional funding of almost $7 million in operation and maintenance (O&M) for a range of the U.S. Army Corps of Engineers, Wilmington District projects (the District was originally allocated $48.4 million for FY 15 in O&M). For example, the Morehead City Harbor project […]

  • 28 April 2015
    Business & Finance

    The U.S. Army Corps of Engineers (USACE), Seattle District, is seeking interested business sources for a construction project titled ‘Quillayute River Hydraulic Dredging FY15’, located in La Push, Washington. Proposed project will be a firm fixed-price construction project and construction magnitude is estimated to be between $1 million and $5 million. This scheme will include […]

  • 10 September 2014
    Business & Finance, Equipment, Technology

    The Greater Philadelphia Chamber of Commerce (GPCC) has provided a federal legislative update on policy issues important to the region’s business community. The priorities will act as part of the advocacy agenda that the Chamber will discuss with Members of the region’s congressional delegation as well as Executive Branch officials in Washington, D.C. on Wednesday, […]

  • 17 March 2015
    Business & Finance

    The 74th meeting of the Inland Waterways Users Board (the Board) was held on February 25, 2015, in Birmingham, Alabama. The meeting was chaired by Mr. Martin Hettel of AEP River Operations and was attended by nine of the ten current Board members. The Deputy Commanding General for Civil & Emergency Operations (DCG-CEO) Major General […]

  • 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 […]

  • 4 February 2015
    Business & Finance, Project & Tenders

    The U.S. Congressman Walter B. Jones has just announced that additional $1.2 million has been granted to dredge Oregon Inlet in Eastern North Carolina.  Last month, Congressman Jones wrote a letter to Assistant Secretary of the Army (Civil Works) Jo-Ellen Darcy and Lt. General Thomas P. Bostick at the Army Corps of Engineers and explained that […]

  • 31 March 2015
    Business & Finance

    If shoaling and weather conditions permit, the U.S. Army Corps of Engineers, Wilmington District, will begin emergency dredging operations at Oregon Inlet tomorrow to remove the shoaling that has been obstructing the federal channel passage for commercial fishing vessels. The U.S. Coast Guard recently closed the Oregon Inlet waters near the Bonner Bridge to any vessels […]

  • 6 February 2015
    Business & Finance

    The U.S. Army Corps of Engineers, Galveston District will receive new feasibility funding for the Houston Ship Channel and Coastal Texas studies; continued funding for the Sabine Pass to Galveston Bay study, as well as continued Operation and Maintenance funding for the Texas waterways in the president’s fiscal year 2016 budget. “The district’s programs are […]

  • 13 February 2015
    Business & Finance, Research & Development

    The U.S. Army Corps of Engineers Galveston District is calling for agency partners, local non-federal sponsors and customers to participate in upcoming listening sessions regarding the 2015 Executive Order, Establishing of a Federal Flood Risk Management Standard (FFRMS). “The executive order, released January 30, 2015, requires all future federal investments in (and affecting) floodplains to meet […]

  • 23 February 2015
    Business & Finance

    The U.S. Army Corps of Engineers, Galveston District, will meet with non-federal sponsors, customers and agency partners to collaborate on best practices regarding programs ranging from environmental to flood risk management, dredging the Texas coast and regulatory oversight of U.S. waters during a Stakeholder Partnering Forum on February 25 at the district’s headquarters building in […]

  • 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 […]

  • 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 […]

  • 17 November 2014
    Business & Finance, Project & Tenders

    The U.S. Army Corps of Engineers, Charleston District, has released a summary of project activities and accomplishments for Fiscal Year 14.  The Charleston District has a unique and varied program that grows larger every year. The programs include the Civil Works, Regulatory, Military, and International and Interagency Support (IIS) programs, serving a diverse group of customers not only […]

  • 29 May 2017
    Business & Finance

    The U.S. Army Corps of Engineers, Wilmington District, announced last Friday the final allocation of $101.6 million for FY 2017 and budget proposal containing $60.5 million for the FY 2018. According to the Corps, the President released both the work plan for fiscal year 2017 (FY17) and his budget proposal for fiscal year 2018 (FY18) which […]

  • 29 September 2016
    Business & Finance, Project & Tenders

    The U.S. Army Corps of Engineers, Philadelphia District has awarded a $15.4 million Cape May beach nourishment contract to Great Lakes Dredge & Dock Company. Work will be performed in Cape May, New Jersey, with an estimated completion date of March 1, 2017. The purpose of this project is to provide hurricane and coastal storm damage reduction […]

  • 1 April 2014
    Business & Finance, Equipment, Technology

    The U.S. Army Corps of Engineers recently released its Fiscal Year 2014 work plans for the Army Civil Works program. The Operation and Maintenance Plan includes nearly $15 million for maintenance dredging of the federal navigation channels used by Oregon’s small coastal ports. The plan also includes $1.2 million to dredge the Skipanon Channel, Ore., […]

  • 18 May 2011
    Business & Finance

    The U.S. Army Corps of Engineers (USACE) released its work plan for the Army Civil Works program through the end of fiscal year 2011 (FY11). The work plan details how USACE will execute the $5.065 billion Civil Works appropriation it received on April 15 when President Barrack Obama signed Public Law 112-10, the Department of […]