Search results for: Highlights

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  • 14 May 2019
    Business & Finance

    The St. Johns River Water Management District, Florida Department of Environmental Protection (DEP), state and local elected officials, and Indian River Lagoon protection advocates yesterday celebrated the completion of a two-year-long muck dredging project in the Eau Gallie River aimed at improving water quality. Attendees gathered at historic Ballard Park at the mouth of the […]

  • 4 April 2019
    Business & Finance

    Sand removed from the Daintree River Ferry channel will be spread across Newell Beach (Queensland, Australia) over the next few days to replenish the coast and help fight erosion, Douglas Shire Council reported today. The first trucks were send yesterday to move sand from the ferry site, where almost 9000 cubic meters of sediment is piled […]

  • 26 March 2019
    Business & Finance

    Van Oord today released their 2018 business results, saying that they recorded EUR 1.88 billion in revenue (2017: EUR 1.53 billion) with a net profit of EUR 92 million (2017: EUR 78 million). The increase in revenue was mainly driven by offshore wind activities, which realized EUR 706 million of revenue (2017: EUR 403 million). […]

  • 27 December 2018
    Business & Finance

    Efforts to construct a new Soo Lock took a big step forward as Michigan and the USACE’s Detroit District have signed a memorandum of agreement officially committing Michigan’s contribution of up to $52 million for the new lock at the Soo Locks facility in Sault Ste. Marie, Michigan. “The Soo Locks are essential to our […]

  • 27 November 2018
    Business & Finance

    The Louisiana Coastal Protection and Restoration Authority (CPRA) yesterday announced a new website tool that highlights past, current and future projects across Louisiana’s 20 coastal parishes. Using the existing website interface of the Coastal Information Management System (CIMS), the Parish Fact Sheets tool generates parish-specific data. The tool features an interactive map that allows users to hover over and identify […]

  • 6 November 2018
    Business & Finance

    Great Lakes Dredge & Dock Corporation (GLDD) today posted financial results for the three months ended September 30, 2018, reporting revenue of $204.3 million, net income from continuing operations of $11.7 million and Adjusted EBITDA from continuing operations of $35.9 million. Commenting the latest news, GLDD Chief Executive Officer, Lasse Petterson, said: “Today we announced continued strong performance including a […]

  • 30 October 2018
    Business & Finance

    UniSite UniSite Group, a Ningbo based company involved in dredging, land reclamation, offshore projects, marine, mechanical engineering and green remediation projects, is currently taking part in the Seatrade Maritime event in Dubai, UAE. As a part of UAE Maritime Week, held under the patronage of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, […]

  • 8 October 2018
    Business & Finance

    As the U.S. Army Corps of Engineers, Kansas City District, has wrapped up final contract awards for fiscal year 2018, saying that the district awarded about 1,360 contracts worth more than $328 million in fiscal year 2018. “I am very proud of the teamwork that was on display as we concluded the fiscal year, as […]

  • 19 September 2018
    Business & Finance

    The International Association of Dredging Companies, the global umbrella organisation for contractors in the private dredging industry, officially released its Annual Report 2017 today.  Prepared on behalf of the Board, the report gives an overview of IADC’s state of affairs and diverse activities which were engaged by the association throughout the year. Key projects as well as […]

  • 17 September 2018
    Business & Finance

    The International Association of Dredging Companies (IADC) has just presented the 2017 edition of Dredging in Figures, an annual review of the global dredging market including the international dredging industry’s revenue. This paper highlights essential information about the dredging industry. Facts and figures are divided into sections addressing sustainability, emissions and safety as well as the drivers […]

  • 15 August 2018
    Business & Finance, Equipment, Technology

    Royal IHC has been selected by Suncor Energy – the largest integrated energy company in Canada – for the rental of seven IHC Beaver® 45 cutter suction dredgers. The contract with Suncor is a landmark for IHC, and highlights how it can help both established and new dredging contractors with equipment and support for an entire […]

  • 14 August 2018
    Business & Finance

    Acta Marine has deployed one of its Ultra Shallow Draft Multipurpose Support Vessels – Coastal Chariot – to assist the start of a pipe pulling project. The company’s Project Manager for the contract, Sinclair McWilliam, highlights the vessel’s key features that are enabling the efficient execution of the operations. “Coastal Chariot has the power; 4000hp and […]

  • 9 August 2018
    Business & Finance, Project & Tenders

    Following the start of the Port of Dover’s iconic Dover Western Docks Revival (DWDR) development program of works back in 2014; a key milestone of having worked one million man-hours in Dover has been exceeded. To date over 15 different contractors have been involved all contributing their own specialist skills at the different stages of […]

  • 6 August 2018
    Business & Finance

    The Port of Long Beach (POLB) said in their latest release that the third and final phase of the Middle Harbor Terminal Redevelopment Project is underway and on track to be completed on time and on budget. When finished, the facility operated by Long Beach Container Terminal (LBCT) will be a 311-acre modern marvel equipped […]

  • 1 August 2018
    Business & Finance

    Great Lakes Dredge & Dock Corporation (GLDD) has just reported financial results for the three and six months ended June 30, 2018. For the three months ended June 30, 2018, GLDD reported revenue of $150.6 million, net loss from continuing operations of $1.0 million and Adjusted EBITDA from continuing operations of $21.4 million. During the second quarter, GLDD was awarded 46% of […]

  • 17 July 2018
    Business & Finance, Research & Development

    The Soy Transportation Coalition (SCT) recently presented the research that identifies farmer benefit of dredging the Lower Mississippi River. The STC research highlights that shipping costs for soybeans from Mississippi Gulf export terminals would decline 13 cents per bushel ($5 per metric ton) if the lower Mississippi River is dredged to 50 ft. The research […]

  • 29 June 2018
    Business & Finance

     The Town of Kill Devil Hills has just released the latest update on their beach nourishment project. This segment highlights the 2018 follow-up projects that support the town’s beach nourishment project in 2017. As a part of the beach nourishment/beach stabilization project in Kill Devil Hills, Coastal Transplant will be implementing the second phase […]

  • 3 May 2018
    Business & Finance

    Officials representing U.S. Department of Transportation grant programs, industrial land development specialists, economists, planning experts and port authority executives from throughout the Western Hemisphere will assemble in Norfolk, Va., May 8-9, to participate in the 2018 Capital Projects Seminar. Among the conference highlights will be a presentation focusing on how ports can tap into billions of […]

  • 28 March 2018
    Business & Finance

    The dredging operations on the New Bedford lower harbor, undertaken by Cashman Dredging and Marine Contracting Co., are nearing its completion. Cashman Dredging, a heavy-construction company based in Quincy, Massachusetts, won this $15 million contract in May 2017. According to the company, it is estimated that this capital dredging project will be completed during the first half […]

  • 20 March 2018
    Business & Finance

    Van Oord, a Dutch family-owned company with over 150 years of experience as an international marine contractor, today released results for the year-ended 31 December 2017. In 2017, the company recorded €1.53 billion in revenue (2016: €1.71 billion) with a net profit of €78 million (2016: €90 million). The revenue generated by the company’s dredging division […]

  • 13 March 2018
    Business & Finance, Equipment, Technology

    This week Damen Shipyards Group will participate at the Hydro conference in Danang, Vietnam. The Hydropower 2018 show takes place from the 13th to 15th of March 2018 at Ariyana Danang Exhibition and Congress Center and Furama Resort in Danang, Vietnam. On Thursday, March 15th, Olivier Marcus, Product Director Dredging, will present a paper regarding […]

  • 2 January 2018
    Business & Finance, Project & Tenders

    The last year has been a fairly good one for the dredging industry in terms of new vessel orders, shipbuilding and new product developments.  In 2017, the industry placed orders for dozens of new dredgers keeping the shipbuilders very busy throughout the year. The year began with DEME’s 7.950m³ LNG-powered trailing suction hopper dredger, named […]

  • 29 November 2017
    Business & Finance

    The U.S. Army Corps of Engineers, Kansas City District, has wrapped up the final contract awards for fiscal year 2017. The Civil Works mission is to provide quality, responsive service to the nation and assist with water resource development activities including flood risk management, navigation, recreation and infrastructure and environmental stewardship, including emergency response. “The […]

  • 22 November 2017
    Business & Finance, Project & Tenders

    Dare County (NC) has just released highlights from the Board of Commissioners November 20 meeting. At the meeting, the Board approved a reimbursement resolution presented by Finance Director David Clawson for debt issuance related to the Nags Head Beach Nourishment maintenance project. The resolution states the County’s intention to proceed with the project, issue the […]

  • 17 November 2017
    Business & Finance

    Speaking at the recent 88th meeting of the Ocean Studies Board of the National Academies of Science in Washington, the Secretary-General of the International Seabed Authority, Michael Lodge said that ISA had approved 29 contracts for deep sea exploration covering more than 1.3 million square kilometers of the seabed. During the speech, he highlighted the […]

  • 14 November 2017
    Business & Finance

    The University of North Carolina Coastal Studies Institute (UNC CSI) will host a lecture on shoreline erosion control strategies next week as part of its “Science on the Sound” lecture series. The monthly series highlights information on coastal topics and issues in northeast North Carolina. This latest lecture will take place on November 30 at […]