Search results for: M

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  • 24 September 2018
    Business & Finance

    Goodloe Marine Inc., from Wimauma, Florida, has won a $9.3 million contract for the Atlantic Intracoastal Waterway maintenance dredging project. Bids were solicited via the internet with three received, reports the U.S. Department of Defense (DoD). Work will be performed in Charleston, South Carolina, with an estimated completion date of November 30, 2019, according to DoD. The U.S. Army […]

  • 27 September 2018
    Business & Finance

    Fylde Council has secured another £2 million grant from the Environment Agency to allow for Granny’s Bay to be redeveloped as part of the Sea Defense Project; bringing the overall Scheme value to £21,825,000. The formal grant letter was received on 4th September 2018 and allows the sea defense walls at Granny’s Bay to be […]

  • 21 December 2016
    Business & Finance

    The Christie Administration yesterday announced that Stone Harbor has been awarded a $2.7 million from the Department of Environmental Protection’s Flood Hazard Risk Reduction and Resiliency Grant Program. The funding will be used to protect businesses and homes in the downtown area between 88th and 99th streets, Stone Harbor, NJ. The Borough of Stone Harbor will […]

  • 13 February 2017
    Business & Finance

    Florida Governor Rick Scott visited JAXPORT’s Blount Island Marine Terminal last week to discuss his plans for investing further in state transportation and seaport projects during the coming year. Scott recently proposed a $10.8 billion transportation budget, including $176 million for Florida ports. The governor was joined by JAXPORT CEO Brian Taylor, members of the International […]

  • 13 February 2018
    Business & Finance

    The President Trump has released the budget proposal for Fiscal Year 2019 (FY19) which includes funding for ongoing projects in the U.S. Army Corps of Engineers’ Wilmington District. The FY19 budget provides about $65-million for Operations & Maintenance (O&M) of the district’s projects including maintenance dredging of multiple deep and shallow draft navigation harbors and […]

  • 6 November 2017
    Business & Finance, Project & Tenders

    Manson Construction Co., Seattle, Washington, has been awarded a $26.6 million firm-fixed-price contract for dredging of Morehead City, Wilmington, Savannah and Brunswick harbors, reports the U.S. Department of Defense (DoD). The U.S. Army Corps of Engineers, Wilmington District, expects project to be completed by April 30, 2018. According to the Corps, the Brunswick Harbor maintenance dredging […]

  • 25 March 2016
    Business & Finance

    The Canal & River Trust, has started work on an eight month project to dredge sections of the 46 mile Staffordshire & Worcestershire Canal from Tixall Lock in Staffordshire to Falling Sand Lock near Kidderminster.  The work, which is costing the Trust £1 million, will focus on areas along the Staffordshire & Worcestershire Canal where […]

  • 30 August 2016
    Business & Finance, Project & Tenders

    Norfolk Dredging Company of Chesapeake, Virginia, has won a $10.4 million contract for Wilmington Harbor mid-river and military ocean terminal Sunny Point maintenance dredging. The work, to take place in New Hanover and Brunswick counties in North Carolina, will require the removal and disposal of shoaled material that has accumulated in the channels since they were last dredged. […]

  • 23 August 2016
    Business & Finance, Project & Tenders

    The U.S. Army Corps of Engineers, Galveston District, recently awarded a contract to Manson Construction in the amount of approximately $5.2 million for maintenance dredging within the Entrance Channel of the Sabine-Neches Waterway, Texas. A hopper dredge will remove around 3.15 million cubic yards of sediment from the Sabine-Neches Waterway Entrance Channel beginning in September 2016 […]

  • 19 July 2012

    Shipping in the Houston-Galveston area is expected to increase tremendously with the expansion of the Panama Canal, but the region needs to be sure it is ready to meet the coming tidal wave of new business opportunities, says a Texas A&M University at Galveston professor. William Merrell, holder of the George P. Mitchell Chair at […]

  • 9 September 2014
    Business & Finance, Project & Tenders

    The U.S. Army Corps of Engineers, New York District, has awarded an $8.6 million contract to Great Lakes Dredge and Dock of Oak Brook, Illinois, to carry out maintenance dredging at three discontinuous reaches along the Hudson River Federal Navigation Channel between Coxsackie and Albany. The dredging will focus on shoals in the channel identified […]

  • 21 May 2018
    Business & Finance

    Annastacia Palaszczuk, Premier of Queensland, has announced $13.42 million to fix disaster damage around Mackay. The money will be spent at Lambert’s Beach, St Helens Beach, Midge Point Beach and for the Mackay Bluewater Trail and Queens Park. According to the announcement, $4.562 million is being provided to determine best long-term solutions to help prevent […]

  • 26 February 2020
    Business & Finance

    Wisconsin Governor Tony Evers yesterday announced a $29 million Harbor Assistance Program grant for improvements needed at the Port of Marinette to allow for the production of the next generation of navy ships. Fincantieri Marinette Marine, a premiere shipbuilder located at the port, intends to continue a site improvement project. That project includes the construction […]

  • 12 February 2020
    Business & Finance

    The U.S. Army Corps of Engineers, St. Paul District, has received $100 million to continue work on the Fargo-Moorhead Metropolitan Flood Risk Management Project in the U.S. Army Corps of Engineers Fiscal Year 2020 Work Plan released. This project is intended to provide flood risk reduction for the more than 230,000 people and 70 square […]

  • 9 August 2019
    Business & Finance

    AB Klaipedos Nafta (KN) and the Klaipeda State Seaport Authority (KSSA) have signed a EUR 22.5 million tripartite agreement with joint venture partners UAB Tilsta and UAB Fegda for the ‘Reconstruction of Klaipeda State Seaport Quay No. 1,’ located at Buriu st. 19 in Klaipeda. On the basis of the tripartite construction agreement inked earlier […]

  • 13 March 2019
    Business & Finance

    The U.S. Army Corps of Engineers, Charleston District, yesterday announced that they have received $138 million in construction funding for the Charleston Harbor Post 45 Deepening Project in the President’s Budget. “This allows us to stay on schedule with the deepening. We also received operations and maintenance funds of $19.4 million for Charleston Harbor, $3.9 […]

  • 22 February 2019
    Business & Finance

    The Government of Western Australia has announced more than $1.6 million in funding for projects that help manage WA’s world-renowned coastline. Coastal Adaptation and Protection (CAP) grants fund projects that identify and adapt to coastal hazards: Coastal Management Plan Assistance Program (CMPAP) supports sustainable use of coastal areas through strategic planning; Coastwest funds projects that […]

  • 27 November 2018
    Business & Finance

    The U.S. Army Corps of Engineers announced its Fiscal Year (FY) 2019 Work Plan, which includes an additional $59 million in funding for the Corpus Christi Ship Channel Improvement Project (CIP). This funding brings the total Federal appropriations for the CIP to $95 million. According to USACE, the estimated CIP cost is $360 million, of […]

  • 2 October 2018
    Business & Finance

    The Dane County Government has announced plans for over $18 million in initiatives designed to recover from damage and to prevent future flooding events. Commenting the latest news, Dane County Executive Joe Parisi said: “This summer’s historic rains brought flooding and destruction to many areas throughout Dane County.”  “Our charge moving forward is to come […]

  • 12 January 2018
    Business & Finance

    Export-Import Bank of India (Exim Bank) has extended a Line of Credit (LOC) of $45.27 million to the Government of Sri Lanka for financing rehabilitation of Kankesanthurai (KKS) Harbor. The agreement was signed in New Delhi on Wednesday, January 10, by Mr. David Rasquinha, Managing Director, on behalf of Exim Bank and Dr. R. H. S. Samaratunga, […]

  • 20 April 2015
    Business & Finance, Equipment, Technology

    The Newburyport Harbor north jetty in Salisbury, Mass., and the south jetty in Newburyport, will be repaired under the terms of an $8.3 million contract issued recently by the U.S. Army Corps of Engineers, New England District. Work will be accomplished by Cashman Equipment Corp., of Braintree, Mass. Construction is scheduled to start in late […]

  • 11 February 2016
    Business & Finance

    Congresswoman Julia Brownley has announced that around $9.85 million in funding has been included in the President’s FY2017 budget request, that will be made available to dredge Channel Islands Harbor and to replenish sand at Hueneme Beach. Funding will come from $7.98 million in President’s FY2017 budget request for the U.S. Army Corps of Engineers. […]

  • 11 February 2016
    Business & Finance

    The president’s budget for fiscal 2017 (FY 2017) includes roughly $109.3 million in gross discretionary funding for the Civil Works program of the U.S. Army Corps of Engineers, Baltimore District. Colonel Edward P. Chamberlayne, Baltimore District Commander, said: “In addition to funding our flood risk management projects across the Mid-Atlantic region, the proposed budget includes […]

  • 5 July 2016
    Project & Tenders

    Pindan Contracting Pty Ltd has been awarded a tender to design and construct the $70.7 million Integrated Marine Operations Center (IMOC) at the port of Port Hedland, Australia. The IMOC has been described as an operations facility with best-in-class vessel traffic services systems and state-of-the-art equipment. The IMOC includes provisions for the Port Harbor Master […]

  • 23 September 2014
    Business & Finance, Project & Tenders

    The U.S. Army Corps of Engineers, Vicksburg District, has awarded a $4.4 million contract for dredging of the Mississippi River to Weeks Marine, Inc., of Covington, Louisiana. The work consists of furnishing, delivering and operating one cutterhead, hydraulic pipeline dredge. The Vicksburg District encompasses 68,000 square miles across three states and seven major river basins. […]

  • 25 September 2013
    Business & Finance

    Governor Rick Scott and members of the Florida Cabinet approved $150 million in bond proceeds which will finance projects at Florida ports through the Seaport Investment Program. The Florida Department of Transportation (FDOT) has programmed $150 million in projects to receive bond proceeds for FY 2014 which will be issued by the Division of Bond […]