Search results for: Second

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  • 7 May 2020
    Business & Finance

    The Charleston Peninsula Coastal Flood Risk Management Study – a three-year, $3 million federal study to develop a feasible peninsula-wide coastal storm risk reduction plan – was released last month. In recognition of the importance of this project and circumstances associated with the COVID-19 pandemic, the standard 30-day comment period was already expanded to the […]

  • 27 March 2020
    Business & Finance, Project & Tenders

    Cape Jaffa Marina is now in the second week of the facility closure and works are progressing as scheduled towards the placement of the submersible discharge pipe, the Kingston District Council announced today. According to the update, there are currently no anticipated delays, with works still aiming to be completed for Easter. The Council and […]

  • 5 March 2020
    Business & Finance

    Royal Boskalis Westminster N.V. ended 2019 well after a difficult first half of the year with EBITDA of EUR 376 million, slightly above its own expectations, the company said in their today’s release. According to Boskalis, net profit came in at EUR 75 million (2018: EUR 436 million loss) and revenue increased by 2.9% compared […]

  • 21 February 2020
    Business & Finance

    Louisiana Governor John Bel Edwards yesterday announced his priorities for the state’s coastal program for his next four years in office. Edwards also announced the state will receive its maximum payment from the Gulf of Mexico Energy Security Act (GOMESA) for the first time. In addition, he committed at least $115 million in state surplus […]

  • 8 January 2020
    Business & Finance

    The Virginia Port Authority (VPA) has just announced that the company will host applicants for the Waterway Maintenance Fund program on Tuesday, February 11, 2020. As reported, applicants are invited to attend this meeting to present new project requests or to provide updates to the community on existing dredging projects. In May 2018, the Virginia […]

  • 26 December 2019
    Business & Finance, Project & Tenders

    BAM Nuttall has just announced that a major modernization program at British Antarctic Survey (BAS) Rothera Research Station begins its second ‘summer season’ this month with the arrival of a 40-plus person team from BAM. As reported, construction work on a new 74m long wharf resumes, and initial groundworks for a new science and operations […]

  • 6 December 2019
    Business & Finance

    International Container Terminal Services, Inc. (ICTSI) has initiated the second phase expansion of its Matadi Gateway Terminal (MGT), located 92 miles upstream on the left bank of the Congo River, Democratic Republic of the Congo (DRC). The Phase 2 expansion will more than double MGT’s existing annual throughput capacity to 400,000TEU/yr. “The expansion of MGT […]

  • 29 November 2019
    Business & Finance, Project & Tenders

    The U.S. Army Corps of Engineers, St. Paul District, has awarded a $59.4 million contract to Ames Construction, Inc. to complete the Wild Rice River structure portion of the Fargo, North Dakota/Moorhead, Minnesota, Metropolitan Area Flood Risk Management Project. The contract for the Wild Rice River structure is the second construction contract to be awarded […]

  • 21 August 2019
    Business & Finance

    In the coming weeks, IADC will publish fourteen nominations in the running to receive the Safety Award 2019 on its website and social media. Today, IADC announced the second nomination – CSpect’s state-of-the-art drones help Jan De Nul safely inspect inaccessible spaces. CSpect’s flying robot is making inspections by rope access, scaffolding and cherry pickers obsolete. As […]

  • 1 August 2019
    Business & Finance

    Orion Group Holdings, Inc. (ORN) has just reported a net loss of $1.6 million ($0.06 diluted loss per share) for the second quarter ended June 30, 2019. According to Mark Stauffer, Orion Group Holding’s President and Chief Executive Officer, the second quarter revenues increased both year-over-year and sequentially as ORN’s Marine business delivered an improved […]

  • 31 July 2019
    Business & Finance

    Great Lakes Dredge & Dock Corporation (GLDD) today reported financial results for the quarter ended June 30, 2019. According to the company’s Chief Executive Officer, Lasse Petterson, the second quarter was another active period for GLDD, marking their fourth consecutive quarter showing improvement in both revenue and adjusted EBITDA from continuing operations when comparing to […]

  • 8 May 2019
    Business & Finance, Project & Tenders

    Manson Construction crews continue their work in the City of Oceanside Harbor (CA), dredging some 110,000 cubic yards of clean sand over the past week. This was stated at the weekly dredge progress meeting held yesterday morning. According to the contractor, there is an additional 170,000 cubic yards left to dredge. Ocean swells have been […]

  • 26 April 2019
    Business & Finance

    Work on the second phase of the John Compton Dam Rehabilitation Project, named ‘JCD02 – Dredging of the Reservoir and Transport of Sediment’, is set to begin in June 2019, WASCO St. Lucia Inc. said in its latest release.  The announcement was made by WASCO’s representatives, as well as the contractor for JCD02, VINCI Construction […]

  • 2 April 2019
    Business & Finance

    Dragados UK, principal contractor for the Aberdeen Harbor Expansion Project, has just installed the second of the 22 enormous concrete units that will form the closed quay sections at Aberdeen South Harbor. These caissons, 50 meters long, 17 meters wide and 16 meters high, have been floated from Cromarty Firth to Nigg Bay, Aberdeen, in a […]

  • 6 February 2019
    Business & Finance

    As the Environmental Protection Agency is about to release a second five-year review of the Hudson River Superfund site to determine whether the dredging remedy is complete, U.S. Senators Charles E. Schumer and Kirsten Gillibrand are calling on EPA Acting Administrator Andrew Wheeler to deny a certificate of completion to General Electric at this time. […]

  • 23 January 2019
    Business & Finance

    Sri Lanka’s CHEC Port City Colombo marked another significant milestone last week with the completion of land reclamation operations.  At a ceremony held on January 16, Xin Hai Long, the last of the four state-of-the-art dredgers used for the sand mining operation left the project site. The 269 hectares of land from the ocean is […]

  • 11 December 2018
    Business & Finance

    Work is well underway on the second phase of the £27 million Ouse Washes flood defense scheme, according to the civil engineering firm Jackson. This £27 million project involves raising the Middle Level Barrier Bank from Earith to the Welmore Lake Sluice just past Welney, and will take four summers to complete. The works will see […]

  • 2 August 2018
    Business & Finance

    Orion Group Holdings, Inc. has just reported net income of $2.2 million for the three months ended June 30, 2018. These results compare to net loss of $2.3 million for the same period a year ago. “We are pleased with our results for the second quarter,” said Mark Stauffer, Orion Group Holding’s President and Chief Executive Officer. “Our Marine segment performed […]

  • 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 […]

  • 13 December 2017
    Business & Finance

    Following the first call in mid-November, the Western Dredging Association (WEDA) has posted the “Second Call for Papers” for the Dredging Summit & Expo scheduled to be held at the Hilton Norfolk The Main Hotel from June 25-28, 2018. The theme for this year’s conference is “Navigating the Future in Dredging“, which will focus on dredging presentations […]

  • 9 October 2017
    Business & Finance, Project & Tenders

    International Association of Dredging Companies (IADC) has just reported that a new version of the Standard Form of Contract for Dredging and Reclamation in 2016 has been published by FIDIC. IADC also added that two members of the responsible FIDIC task group will share their knowledge of the changes in the IADC’s upcoming webinar. The webinar […]

  • 18 September 2017
    Business & Finance, Project & Tenders, Vessels

    Royal IHC shipyard in Krimpen aan den IJssel, the Netherlands, recently launched Adani’s 8,000m³ Beagle trailing suction hopper dredger (TSHD) – the SHANTI SAGAR 18. This is the second of two Beagle 8 TSHDs for Adani – the first (Shanti Sagar 17) was launched in March 2017. The dredger has a total length of 104.5 meters […]

  • 11 September 2017
    Business & Finance, Project & Tenders

    Meraas has announced that Dubai Harbor will have a second cruise terminal in addition to the one already revealed in January 2017. Dubai Harbor will be the first cruise destination to build two terminals simultaneously which when completed will accommodate 1,200,000 passengers annually. “Each terminal will be approximately 14,000 square meters in size with one single […]

  • 18 August 2017
    Business & Finance, Project & Tenders

    Weeks Marine cutterhead dredge C.R. McCaskill has finally resumed pumping operations in Buxton, according to the Dare County. The county announced that pumping resumed Wednesday afternoon around 3 p.m. and that the work in the section of beach just north of the subline has been completed. “Also, crews will flip the pipeline and begin working south towards […]

  • 16 August 2017
    Business & Finance

    Dare County yesterday announced the latest update on their Buxton Beach Nourishment Project, saying that Weeks Marine has worked intermittently over the last few days, as marine conditions allowed. “With Hurricane Gert forecasted to pass offshore, high waves are expected today and tomorrow. Weeks Marine is closely monitoring the weather,” said the county. Once the […]

  • 11 August 2017
    Business & Finance, Project & Tenders, Vessels

    Weeks Marine has resumed Buxton Beach Nourishment operations after two days of being shut down due to weather, reports Dare County. According to the update, the contractor resumed pumping sand yesterday around 9:30. The current marine forecast looks favorable for pumping the next several days. “The cutterhead dredge McCaskill will work on filling a 900-foot section […]

  • 2 August 2017
    Business & Finance, Project & Tenders

    Great Lakes Dredge & Dock Corporation (GLDD) today reported financial results for the quarter ended June 30, 2017. For the three months ended June 30, 2017, GLDD reported revenue of $176.9 million, net loss from continuing operations of $1.1 million and Adjusted EBITDA from continuing operations of $17.6 million. Chief Executive Officer Lasse Petterson commented, “Operationally, as […]

  • 27 July 2017
    Business & Finance

    The Surfside Beach renourishment scheme, conducted by Great Lakes Dredge and Dock Company (GLDD), is moving forward according to plan.  The contractor continues to shift the operation northward as progress is made, the Town of Surfside Beach, SC, said in its latest release. The second hopper dredger arrived yesterday and is now actively engaged in the […]

  • 12 July 2017
    Business & Finance

    The second season of dredging of the Manasquan Channels in Ocean and Monmouth County officially resumed last week, according to the New Jersey Department of Transportation’s (NJDOT) latest announcement.  This is a continuation of the $3.4 million project that began in the fall of 2016 in which dredging of the Lower Manasquan River Channel and […]