Search results for: Milestone

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  • 7 November 2014
    Business & Finance

    DCT Gdansk has finalized the financing process for the expansion of the biggest container terminal in the Baltic Sea, by volume handled in 2013. The group of commercial and development banks will finance the investment and provide up to €290 million for the project. Conclusion of the financing process, together with the appointment of NV […]

  • 15 May 2020
    Business & Finance, Vessels

    The Suez Canal Authority (SCA) and Royal IHC (IHC) successfully launched cutter suction dredger (CSD) MOHAB MAMEESH today, Friday, 15 May. The launching ceremony took place at IHC’s shipyard in Krimpen a/d IJssel, The Netherlands. The 29,190kW heavy-duty rock CSD has been specifically designed in close cooperation with SCA, and will be used to maintain […]

  • 2 November 2016
    Business & Finance, Project & Tenders

    With the Sandy anniversary a day away, the de Blasio Administration has announced continued progress on the City’s OneNYC resiliency program that will prepare neighborhoods, economy and public services to withstand and emerge stronger from the impacts of climate change and other 21st century threats. Some projects include dunes to protect coasts; storm water management and […]

  • 14 July 2020
    Infrastructure

    The U.S. Army Corps of Engineers, Omaha District closed the first breach along the L-536 levee system Thursday. The “F” breach on the Missouri River Levee System L-536 near River Mile 520 was closed to the 5-yr level of protection, reported the Corps. Typically breach closures are not reported until they reach the 10-yr level […]

  • 29 January 2020
    Business & Finance

    The U.S. Environmental Protection Agency (EPA) has announced the issuance of an administrative order requiring the start of the cleanup of the Gowanus Canal Superfund site in Brooklyn, New York. The order, which covers both the cleanup of the upper canal – denominated as Remediation Target Area (RTA) 1 – and the 1st Street turning […]

  • 10 June 2020
    Business & Finance, Infrastructure, Ports & Logistics

    Aberdeen Harbour Board, after lengthy talks with Dragados UK, announced yesterday that they have reached mutual agreement to cancel contract for the construction of Aberdeen’s South Harbour. According to the joint statement, the mutual agreement has been reached for Dragados UK to withdraw as the principal contractor to complete the construction of the South Harbour. […]

  • 14 May 2019
    Business & Finance

    The U.S. Environmental Protection Agency (EPA) has announced an agreement in principle with the city of Portland and state of Oregon to help fund detailed cleanup plans for the 10-mile Portland Harbor Superfund. “This agreement with the city of Portland and the state of Oregon represents another important milestone in our progress toward cleaning up […]

  • 26 March 2019
    Business & Finance

    New York’s Congressman Lee Zeldin today joined Commanding General of the USACE Headquarters, Lieutenant General Todd Semonite, and New York District’s USACE Commander, Colonel Thomas Asbery, as they surveyed Smith Point County Park, following the emergency dredge of Moriches Inlet and the Long Island Intracoastal Waterway. An upcoming major milestone will be LTG Semonite’s final approval […]

  • 3 March 2019
    Business & Finance, Equipment, Technology, Vessels

    Dredging Today brings you an overview of the most popular stories from the past week (February 25 – March 3, 2019).   PHOTO: IHC Beaver for the Middle East Royal IHC said in its latest announcement that their first IHC Beaver ever built in the Middle East was officially launched last week.   Wasa Dredging […]

  • 23 January 2019
    Business & Finance

    Suffolk County (NY) waterways are now much safer for boaters travelling throughout the Long Island following the completion of the county 2018-2019 Priority Waterway Dredging Program. The County Executive Steve Bellone announced Monday, Jan. 21, that the Department of Public Works has now completed dredge work in seventeen priority waterways across six towns to ensure safe passage […]

  • 28 April 2017
    Business & Finance

    On behalf of the Government of Canada, Maryam Monsef, Member of Parliament for Peterborough-Kawartha and the Minister of Status of Women, has announced four contract awards totaling $330 million for the Trent-Severn Waterway Federal Infrastructure Investment Program in Central Ontario. The contracts include the canal restoration works, repair of dams, locks, canal walls and other […]

  • 12 May 2018
    Business & Finance, Equipment, Technology, Vessels

    Dredging Today brings you an overview of the most popular stories from the past week (May 7-13, 2018).   Jan de Nul and Zublin Consortium Wins Odense Port Contract LINDØ port of ODENSE A/S and a consortium including Jan de Nul and Züblin A/S have signed a $56 million contract for the Lindø Port extension […]

  • 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 […]

  • 6 March 2017
    Business & Finance

    The Government of South Australia, five local councils and the Stormwater Management Authority have reached an agreement on a $140 million infrastructure project to safeguard against flooding in the Brown Hill and Keswick Creek catchment – the most at risk area for flooding in Adelaide. Project Chair and City of West Torrens CEO, Terry Buss, […]

  • 17 December 2014
    Business & Finance, Equipment, Technology

    Diyar Al Muharraq, one of the leading urban developers in the Kingdom of Bahrain, last week announced the completion of land reclamation works for the whole project. The shore protection rock armour work is nearing its completion and is expected to be finished by the 1st quarter of 2015. The reclamation and shore protection services […]

  • 29 December 2014
    Business & Finance, Equipment, Technology

    The largest infrastructure project since the waterway’s original construction, the Panama Canal Expansion Program will create a new lane of traffic along the Canal through the construction of a new set of locks, doubling the waterway’s capacity. To date, the overall program is 83 percent complete, with several major components, such as its dry excavation […]

  • 11 June 2014
    Business & Finance, Equipment, Technology

    The Fargo, North Dakota/Moorhead, Minnesota, diversion channel project achieved another milestone yesterday, when President Barack Obama signed the Water Resource Reform and Development Act of 2014 into law, authorizing construction of the project. This act, last passed in 2000 and 2007, provides authorization for development of projects by the U.S. Army Corps of Engineers across […]

  • 6 September 2016
    Business & Finance, Project & Tenders

    The tender process supporting the Aberdeen Harbor’s Expansion Project has taken a significant step forward with the selection of Dragados as its preferred bidder for the main construction contract. Following a lengthy selection process, which involved an initial five potential tenderers being reduced down to one, Dragados have emerged as the favored principal contractor. “Although […]

  • 23 February 2016
    Business & Finance

    The construction of a second container terminal at JadeWeserPort, approximately 2 kilometers to the north, is not only technically realizable, but also economically prudent in the medium term. This is the key finding of a feasibility study begun at the end of 2013 on behalf of Container Terminal Wilhelmshaven JadeWeserPort Marketing GmbH & Co. KG. […]

  • 27 July 2018
    Business & Finance

    The final phase of works to alleviate flood risk to the communities of Smithton and Culloden has begun, according to the Highland Council. Local firm Morrison Construction are now on site for the largest phase of the Smithton & Culloden Flood Protection Scheme which will protect 129 properties that would otherwise be at risk of a […]

  • 11 June 2014
    Business & Finance, Equipment, Technology

    After a seven-year hiatus in reauthorizing new U.S. water resources legislation, the American Association of Port Authorities (AAPA) commended President Obama for officially signing the 2014 Water Resources Reform and Development Act into law. The president’s signing culminates a series of port visits by the President, Vice President and other top Administration officials over the […]

  • 14 May 2014
    Business & Finance, Equipment, Technology

    The National Fish and Wildlife Foundation (NFWF) recently announced $144.5 million in funding for the second increment of the Caminada Headland Beach and Dune Restoration project in Louisiana. This portion of the project will pump over five million cubic yards of sand from the Gulf of Mexico via pipeline, creating approximately 490 acres of beach […]

  • 9 July 2014
    Business & Finance

    The U.S. Army Corps of Engineers Headquarters in Washington, DC, the Civil Works Review Board approved the release of the Brazos Island Harbor (BIH) Channel Improvement Project Final Integrated Feasibility Report and Environmental Assessment. The panel unanimously agreed that the BIH feasibility study can proceed to State and Agency review. This action by the Civil […]

  • 26 September 2013
    Business & Finance, Equipment, Technology

    Kongsberg Mesotech Ltd., a Kongsberg Maritime subsidiary and a leader in the underwater acoustic industry, announces the release of M3 Sonar Software V1.4 with a split-beam profiling mode and improved GeoTIFF export capabilities. Developed to support various applications, the new software features provide users expanded capabilities of the M3 Sonar in terms of application versatility […]

  • 19 April 2018
    Business & Finance

    The U.S. Army Corps of Engineers has signed an agreement with the state of Florida to accept $50 million of state funds to help with rehabilitation of the Herbert Hoover Dike surrounding Lake Okeechobee.   The agreement is the result of a measure passed by the Florida legislature during their 2017 session. The agreement allows USACE […]

  • 22 May 2020
    Business & Finance, Project & Tenders

    The Army Corps’ Omaha District has awarded a contract to AECOM Technical Services, Inc. of Los Angeles, California, to complete levee repairs on the Missouri River L-536 levee system north of Corning, Missouri. According to USACE, the $8.74 million project will close the remaining breaches and make final repairs on the L-536 levee system. The […]