Search results for: Ink

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  • 19 July 2017
    Business & Finance

    The South Korean east coast is frequently suffering from erosion which threatens its coastal infrastructure and community, Deltares said in its latest announcement.  So far the processes driving the coastal erosion are not well understood and measures such as nourishments, (submerged) breakwaters, groynes and revetments have not always been successful in mitigating the erosion. “Therefore, […]

  • 10 July 2017
    Business & Finance

    U.S. Secretary of the Interior, Ryan Zinke, has announced nearly $32 million in maritime- and boating-related grants that will benefit boating recreation and tourism by improving boating infrastructure, keeping water clean for anglers, and preserving maritime heritage and inland waterways. Secretary Zinke made the announcement at the Yorktown Historic Freight Shed Lawn at the Riverwalk […]

  • 23 June 2017
    Business & Finance

    West Virginia Governor Jim Justice yesterday joined House Speaker Tim Armstead and Senate President Mitch Carmichael to sign House Bill 2935. The bill creates several state flood protection measures. This legislation was passed back on April 8. It establishes a Joint Legislative Committee on Flooding, creates the Resiliency and Flood Protection Planning Act, creates the […]

  • 12 June 2017
    Business & Finance

    The Tanzania Ports Authority (TPA) and China Harbor Engineering Company Ltd (CHEC) have signed a $154 million contract for the Dar es Salaam port expansion program. Under this capital development scheme, which will be implemented in the next three years, berths No 1-7 will be strengthened and deepened to 15.5 meters. The upgrading of the berths will […]

  • 7 June 2017
    Business & Finance

    The U.S. Army Corps of Engineers, St. Paul District, and the Minnehaha Creek Watershed District (MCWD) recently signed an agreement to study the potential for an environmental restoration project in the Painter Creek subwatershed. The Painter Creek subwatershed is located in the northwestern boundary of the Minnehaha Creek Watershed District and includes Painter Creek, Katrina Lake, […]

  • 5 June 2017
    Business & Finance, Project & Tenders

    Plaquemines Parish president Amos Cormier recently signed two agreements with the U. S. Army Corps of Engineers to begin the Spanish Pass projects on Tidewater Road in Venice, LA. The projects are a part of the Beneficial Use of Dredged Material program better known as “BUDMAT”. The parish government set a precedent in 2015 by becoming the […]

  • 17 May 2017
    Business & Finance

    Col. Michael Clancy, commander of the U.S. Army Corps of Engineers’ New Orleans District, and Amos Cormier, president of Plaquemines Parish, have signed an agreement for the second LCA BUDMAT (Beneficial Use of Dredged Material) project which will create a 1 mile ridge and 55 acres of marsh at Tiger Pass. The restoration project has […]

  • 6 April 2017
    Business & Finance

    P&O Ports, Government of Dubai owned port operator, has won a 30-year concession for the management and development of a multi-purpose port project at Bosasso in the Puntland State of Somalia. President of Puntland, H.E. Abdiweli Mohamed Ali, and the chairman of Ports, Customs & Freezone Corporation (PCFC), Sultan Ahmed bin Sulayem, signed the agreement […]

  • 30 March 2017
    Business & Finance

    The Japan International Cooperation Agency (JICA) today signed an agreement with the Government of Ivory Coast in Abidjan to provide a Japanese ODA loan of up to $97.6 million for the Abidjan Port Cereal Berth Construction Project. JICA said in its announcement that, under this project, the government will construct a new cereal berth at […]

  • 1 December 2016
    Business & Finance

    Oman’s Special Economic Zone Authority at Duqm (SEZAD) has signed an agreement with Galfar Engineering and Contracting for the construction of a new fishing port in Duqm. Under the contract, the harbor basin will be dredged up to 6 meters and significant amount of land reclamation activities are expected to take place during the scheme. The works […]

  • 30 November 2016
    Business & Finance

    A ceremonial handover of the agreements concluded between the Port of Gdansk Authority SA and the European Commission took place at the seat of the Ministry of Development in Warsaw last week. The agreements concern the award of an EU grant from the Connecting Europe Facility (CEF) for three projects – two investment projects and […]

  • 12 November 2016
    Business & Finance, Equipment, Technology, Vessels

    Royal IHC has signed a contract for the design, construction and delivery of a 4,200m³ trailing suction hopper dredger (TSHD) with Administración Nacional de Puertos (ANP) in Montevideo, Uruguay. The contract was signed by Mr Alberto Diaz Acosta, President of the Board of Directors of ANP, Mrs Gladis Liliana Peirano Rivero, Interim General Secretary of […]

  • 26 October 2016
    Business & Finance

    The International Association of Dredging Companies (IADC) and the World Association for Waterborne Transport Infrastructure (PIANC) have signed a memorandum of understanding (MoU) to formalize their long-standing working relationship. René Kolman, secretary general of IADC, Geoffroy Caude president of PIANC and Louis Van Schel, secretary general of PIANC signed the MoU on 15 October, 2016. […]

  • 26 October 2016
    Business & Finance

    Louisiana’s Governor John Bel Edwards opened the second of two leadership roundtables yesterday in Baton Rouge, hosted by the America’s WETLAND Foundation (AWF) and the state’s Coastal Protection and Restoration Authority (CPRA), with a focus on financing the State’s master plan for coastal restoration and protection. Introduced by former Governor Kathleen Blanco as the new and highly […]

  • 19 October 2016
    Business & Finance, Project & Tenders

    Puget Sound’s ecosystem health took a leap forward with the recent signing of a U.S. Army Corps of Engineers report, which recommends large-scale restoration projects on three northwest Washington estuaries. The Puget Sound Nearshore Ecosystem Restoration Project (PSNERP) received the Corps approval September 16, 2016, when Lt. Gen. Todd T. Semonite signed the Chief of […]

  • 12 October 2016
    Business & Finance

    A Memorandum of Understanding (MoU) between Port of Damietta Authority and China Harbor Engineering Company Ltd. (CHEC) for the setup of Damietta Port’s 2nd Container Terminal was signed on October 9, 2016. The new terminal will result in 2.225 meters of new berths, with 17 meters depth and 700.000m² of stacking space. Project implementation period is 24 […]

  • 11 October 2016
    Business & Finance

    Bina Puri Holdings Bhd and China Communications Construction Dredging Group Co., Ltd. (CCCC Dredging) signed an agreement yesterday to form a consortium which will build the Kuantan Waterfront Resort City (KWRC). The KWRC project, worth RM15 billion (around $3.6 billion), will be developed entirely on reclaimed land and is designed to be the capital city’s first integrated resort, leisure and […]

  • 7 October 2016
    Business & Finance

    The Ports Development Company, owner and developer of the King Abdullah Port, has announced the signing of a financial agreement with SABB – Saudi British Bank and the Arab National Bank (ANB) worth 2.7 billion SAR (around $720 million). The agreement aims to move forward with the development and expansion of the port’s facilities, thus meeting […]

  • 22 September 2016
    Business & Finance

    Port Corpus Christi Commissioners have approved a Memorandum of Understanding with the U.S. Army Corps of Engineers for work performed prior to execution of a project partnership agreement for the Channel Improvement Project. With the MOU, Port Corpus Christi is able to conduct time-sensitive sampling work at the entrance of the Corpus Christi Ship Channel […]

  • 7 September 2016
    Business & Finance

    The Bureau of Ocean Energy Management (BOEM) has signed an agreement with Dare County, North Carolina, to provide up to 4.825 million cubic yards of sand from federal waters as part of a shoreline management project for the towns of Duck, Kitty Hawk, and Kill Devil Hills. The shore protection project, using sand from the […]

  • 12 August 2016
    Business & Finance, Equipment, Technology

    Dredging Corporation of India (DCI) Ltd. has signed a Memorandum of Understanding with the Government of India for the financial year 2016-17. The paper was signed by Shri Rajive Kumar, the Ministry of Shipping Secretary and Shri Rajesh Tripathi, Chairman and Managing Director of Dredging Corporation of India, in New Delhi. The MoU broadly consists of the performance […]

  • 28 June 2016
    Business & Finance

    The Asian Development Bank (ADB) and Sumitomo Mitsui Banking Corporation (SMBC) have signed an agreement to provide the co-advisory services to the East Container Terminal (ECT) of Colombo Port in Sri Lanka. SMBC will join ADB’s ongoing advisory services for ECT as co-adviser in relation to preparing, structuring and procuring the $500 million project, which […]

  • 26 April 2016
    Business & Finance

    The Netherlands and Indonesia will intensify their maritime collaboration in the field of port development and shipbuilding, according to the Government of the Netherlands’ official website. In regard to this, Melanie Schultz van Haegen, Dutch Minister of Infrastructure and the Environment, signed a collaborative agreement with Indonesian Foreign Affairs Minister Marsudi today. “Indonesia aims to […]

  • 3 March 2016
    Business & Finance, Equipment, Technology, Vessels

    DEME, the Belgian dredging, environmental and marine engineering group, and VITO spin-off Laser Cladding Venture (LCV) have signed a three-year cooperation agreement to strengthen the cutter incisors used to dredge hard soils. The cooperation follows a successful pilot project on laser cladding in 2015 and confirms the confidence DEME has in the innovative potential of […]

  • 24 February 2016
    Business & Finance

    The Asian Development Bank (ADB) and the Sri Lanka Ports Authority (SLPA) have signed a transaction advisory services agreement to develop the East Container Terminal (ECT) of Colombo Port through public–private partnership (PPP). The $500 million project will include operationalization of the existing 400 meters of deep water berth and the full design, build, finance, operation […]

  • 16 December 2015
    Business & Finance

    The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its approval for signing of a Memorandum of Understanding (MoU) between India and Spain on cooperation in the field of port development, according to the Press Information Bureau of India. Recognizing the significant mutual benefit that can be derived from cooperation in the […]