Search results for: Pct

80 results

A list of search results

  • 25 April 2017
    Business & Finance

    The U.S. Army Corps of Engineers, Norfolk District, has just announced that the Willoughby Spit and Vicinity beach nourishment project is now 69% complete. Nine weeks into the project, the Corps contractor Great Lakes Dredge and Dock Company has placed over 829,000 cubic yards of sand onto the beach. “We now have three dredges working on […]

  • 10 April 2017
    Business & Finance

    The Savannah River entrance channel deepening is approximately 60 percent complete, Griffith V. Lynch, the executive director of the Georgia Ports Authority (GPA), said in the latest project update. In the near future, this portion of the project will benefit ship traffic by opening a wider tidal window and greater scheduling flexibility for neo-Panamax vessels. […]

  • 4 April 2017
    Business & Finance

    An overwhelming 88 percent of Louisiana voters want their legislators to vote for the 2017 Coastal Master Plan, according to a new statewide poll released yesterday, ‘Restore the Mississippi River Delta’ just announced. The master plan is the state’s science-based blueprint for large-scale restoration and protection of Louisiana’s critical coastal areas. The draft plan will […]

  • 14 February 2017
    Business & Finance, Project & Tenders

    The U.S. Army Corps of Engineers, Savannah District, announced few days ago that the Raw Water Storage Impoundment (RWSI) construction project – an important part of the Savannah Harbor Expansion Project (SHEP) – is now roughly 60% complete. The contractor, Thalle Construction Company of Hillsborough, North Carolina, started work on the project in March 2016. USACE […]

  • 20 September 2016
    Business & Finance, Project & Tenders

    At the Georgia Ports Authority board meeting Monday, September 19th, Executive Director Griff Lynch updated the board on the progress of the Savannah Harbor Expansion Project. During the meeting, Lynch said that to date, approximately 25 percent of the SHEP entrance channel dredging has been completed. The $134.5 million contract for the deepening of the […]

  • 6 August 2015
    Business & Finance

    The new Suez Canal in Egypt will be officially opened today. A project for which Jan De Nul Group realized no less than one third of all works. “And that is something we are very proud of,” said Jan Pieter De Nul, CEO of Jan De Nul Group. “This really is an iconic performance. It […]

  • 10 June 2015
    Business & Finance, Equipment, Technology, Vessels

    About 214 million cubic meters of water-saturated sand have been removed so far from the New Suez Canal project, according to the head of the Suez Canal Authority, Mohab Mamish. This figure represents almost 82.7 pct of the targeted 258 million cubic meters, Mamish said. The executive director of dredging works at the project, Wagdi […]

  • 4 May 2015
    Business & Finance

    Up to 157.260 million cubic meters of water-saturated sand have been dredged so far as part of the Suez Canal Development Project, said executive director supervising the dredging process Wagdi Zaki. This rate represents 62.9 percent of a total 250 million cubic meters that should be dredged as part of the program, he added. At […]

  • 12 March 2015
    Business & Finance, Equipment, Technology, Vessels

    The New Suez Canal is the name of a new waterway project in Egypt, expanding the existing Suez Canal between the Mediterranean Sea and the Red Sea. This program is part of the Suez Canal mega project, which includes the development of several seaports in the three governorates bordering the canal, Suez, Ismailia and Port […]

  • 12 February 2015
    Business & Finance

    Following the arrival of Jan De Nul’s cutter suction dredger ‘Niccolo Machiavelli’ on January 2, the Takoradi Port dredging program is already 75 percent complete. This dredging scheme, which will pave the way for other development projects to follow, is on track for completion by late March or early April 2015. When fully finished, the […]

  • 9 February 2015
    Business & Finance

    Mohab Mamish, the chairman of the Suez Canal Authority, stated that 86% of dry digging in the new canal has been completed, explaining that there is no influence on navigation at the Suez Canal. Mamish added that Houthis threats in Yemen to close the Strait of Bab el-Mandeb will not affect navigation in the Suez […]

  • 22 September 2014
    Business & Finance, Equipment, Technology

    Egypt’s President Abdel Fattah El Sisi is closely following up the developments related to the New Suez Canal Project, said Head of the Suez Canal Authority Mohab Mamish. The project is moving in line with the scheduled timeline, he added during a celebration organized by the Arab Academy for Science Technology and Maritime Transport (AASTMT) […]

  • 18 July 2014
    Business & Finance, Equipment, Technology

    The port of Rotterdam achieved steady results in the first half of the year. Total throughput increased by 0.6% compared to the first half of 2013. Turnover in the first half of 2014 increased by € 8.6 million compared to the first half of 2013. This is primarily due to an increase in revenues from […]

  • 4 March 2014
    Business & Finance, Equipment, Technology

    Shares of Great Lakes Dredge & Dock Corporation have gone up 2% since it reported its fourth-quarter and full-year 2013 earnings, according to propertymentorgroup.com. 2013 earnings per share of 33 cents, increased three fold from the year-ago earnings of 11 cents, in line with the Zacks Consensus Estimate. The dredging services provider reported earnings per share of […]

  • 3 March 2014
    Business & Finance, Equipment, Technology

    APM Terminals and fellow Dutch-based global terminal operator, Terminal Investment Limited (TIL), announced the completion of the purchase of a 29% share in APM Terminals Callao by TIL through the acquisition of Callao Port Holding B.V. APM Terminals assumed operational control over the Callao facility in July 2011 under a 30-year concession together with the […]

  • 10 February 2014
    Business & Finance, Equipment, Technology

    100% Foreign Direct Investment (FDI) under the automatic route is being allowed for port development projects. The Minister of Shipping Shri G.K.Vasan in a written reply in the Lok Sabha today said that the Maritime Agenda 2010-2020 has set a target of over 3130 million tonnes for port capacity by 2020. The existing capacity of […]

  • 4 February 2014
    Business & Finance, Equipment, Technology

      The Philippine Ports Authority (PPA) posted higher net income in the first 10 months of 2013, enabling the agency to donate P20 million to Yolanda-ravaged areas. Latest data showed that net income reached P4.87 billion in the January-October 2013 period or about 58.2% higher compared to the P3.08 billion registered in the same period […]

  • 23 January 2014
    Business & Finance, Equipment, Technology

    Belgium’s Deputy Prime Minister and Minister of the Economy, His Excellency Johan Vande Lanotte, this week visited DP World-operated Saigon Premier Container Terminal (SPCT) as part of his official visit to Vietnam. His Excellency took the time to congratulate Belgian company Dredging, Environmental and Marine Engineering (DEME) on its major dredging work in the Soai […]

  • 2 January 2014
    Business & Finance, Equipment, Technology

    Krishnapatnam Port Container Terminal (KPCT), a world-class container terminal operated by Krishnapatnam Port has set a new benchmark in operational efficiency. On December 24, 2013 during MSC’s weekly service to Colombo from KPCT, its vessel MV MSC SIERRRA-II became part of an historic moment when 641 TEUs were exchanged with the vessel, with a record […]

  • 19 November 2013
    Business & Finance

    Global Ports Holdings has, through privatization, acquired the unlisted 62% share of the Port of Bar. This is the first time a Turkish company acquires the majority ownership of a port operation overseas, as has been indicated by Saygın Narin, the CEO of GPH. GPH, the only operator of three leading commercial and cruise ports […]

  • 26 July 2013
    Business & Finance

    The Panama Canal Expansion is moving forward to achieve its goal of enhancing the waterway’s capacity in order to provide a better service to customers. To date, the Program registers a 60.4% progress. “The Panama Canal Expansion will enhance the value of the Panama route,” Panama Canal Administrator Jorge L. Quijano said. “We are focused […]

  • 13 June 2013
    Business & Finance

    With the completion in late May of “Reach D”, an 11-mile stretch of the Delaware River’s main shipping channel in Delaware, the Delaware River Main Channel Deepening Project is now about 60 percent complete, reported officials of the Philadelphia Regional Port Authority (PRPA) this week. The deepening project, funded by both the federal government and […]

  • 4 June 2013
    Business & Finance

    Royal Boskalis Westminster N.V. announces that 70.19 percent of the shareholders have elected a stock dividend distributed in the form of ordinary shares. As a result, 3,284,415 new ordinary shares will be issued today. The admission of these shares to trading on NYSE Euronext Amsterdam is required under the rules of Euronext Rulebook Book I. […]

  • 24 April 2013
    Business & Finance

    Nakhle Khoda port is a development project under construction by the Ports and Maritime Organization (PMO). This project is located in Hormozgan province in the south of the country bordering Persian Gulf. The main reason for the construction of this port is shortening distance between Bandar Abbas port and Hormoz Island. A port official of […]

  • 14 March 2013
    Business & Finance

    Reference is made to the press release of 8 February 2013, in which Boskalis Holding B.V. (the Offeror), a wholly-owned subsidiary of Boskalis, launched a mandatory cash offer for all issued and outstanding ordinary shares of Dockwise (the Shares) at an offer price of EUR 18.50/ NOK 137.65 per Share cum dividend (the Offer). ACCEPTANCES […]

  • 4 February 2013
    Business & Finance

    Since the Hatteras-Ocracoke ferry route suspended operations Jan. 18, the contractor hired by the U.S. Army Corps of Engineers has removed 102,723 cubic yards of material to a required depth of 10-feet and the project is approximately 65 percent complete by quantity. The Dredge Richmond is currently located in the vicinity of navigation aid 9A. […]

  • 1 February 2013
    Business & Finance

    Royal Boskalis Westminster N.V. announces that it has acquired 182,654 shares in Dockwise in the course of trading yesterday. All these shares were acquired through Euronext Amsterdam and were purchased at an average price of EUR 18.50 per share with a maximum price of EUR 18.50 per share (which equals NOK 137 as per today). […]

  • 28 November 2012
    Business & Finance

    Following a press release issued yesterday morning regarding an intended offer for Dockwise Ltd., Royal Boskalis Westminster N.V. announces that it currently holds a 33.0% stake in Dockwise. As a result, Boskalis is now the largest shareholder in Dockwise. These shares acquired since yesterday morning were purchased at an average price of EUR 17.04 with […]

  • 27 November 2012
    Business & Finance

    Following a press release issued yesterday regarding an intended offer for Dockwise Ltd., Royal Boskalis Westminster N.V. announces that it has acquired approximately 11.5 million shares in Dockwise in the course of trading. This shareholding represents 29% of the shares in Dockwise. As previously announced, HAL Investments B.V. has irrevocably committed to tender its shares […]