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  • 16 July 2012

    Royal Imtech N.V. (IM-AE, technical services provider in and outside Europe) announces that it has acquired the Belgian maritime technical services provider Van Stappen & Cada NV. This company realises annual revenue of over 3 million euro. The acquisition will be paid in cash and will immediately contribute to the earnings per share. It will […]

  • 11 July 2012

    Congressman Cedric Richmond introduced the DREDGE Act of 2012-Dredging for Restoration and Economic Development for Global Exports. The bill would give the Army Corps of Engineers the authorization to dredge the Mississippi River to 50 feet so that larger vessels transiting the expanded Panama Canal can access the River. In addition, the bill creates a […]

  • 5 July 2012
    Business & Finance

    Manson Construction Co. of Seattle announced the sale of the Company to an Employee Stock Ownership Plan (ESOP) owned S-Corp. Verit Advisors, a Chicago-based investment banking firm, was engaged by Manson and its shareholders to provide expertise in structuring a solution that optimized the company’s and shareholders’ objectives. In 1905, Peter Manson began Manson Construction […]

  • 27 June 2012

    Congressman Cedric Richmond introduced the DREDGE Act of 2012-Dredging for Restoration and Economic Development for Global Exports. The bill would give the Army Corps of Engineers the authorization to dredge the Mississippi River to 50 feet so that larger vessels transiting the expanded Panama Canal can access the River. In addition, the bill creates a […]

  • 26 June 2012
    Business & Finance

    Mr. Robert B. Wetta President of the Western Dredging Association called the meeting to Order at 1:25 pm Tuesday June 12, 2012 and presented the Annual Report that covers the period from June 7, 2011 until June 12, 2012. The President presented the following: “During the period of this report WEDA Membership continues to increase. […]

  • 19 June 2012
    Business & Finance

    In a recently completed survey that the American Association of Port Authorities (AAPA) initiated, U.S. seaport agencies and their private-sector partners plan to invest a combined $46 billion over the next five years in wide-ranging capital improvements to their marine operations and other port properties. While port authorities and their business partners are making major […]

  • 15 June 2012

    Leaders from the Ningbo Port Group and APM Terminals were on hand to sign a major agreement that creates a new level of cooperation in the fastest growing, deepwater, container port in the world. The new agreement reflects a 75%/25% (Ningbo Port Group/APM Terminals) share to jointly invest and operate berths 3, 4, 5, comprising […]

  • 23 April 2012

    The U.S. Army Corps of Engineers, New England District is proposing maintenance dredging of Cuttyhunk Harbor Federal Navigation Project in Gosnold, on Cuttyhunk Island, Mass. The authorized Federal Navigation Project provides for a channel, 10 feet deep and 75 feet wide, from the outer harbor to the westerly terminal in the inner harbor. It also […]

  • 19 April 2012

    Congressman Fred Upton (R-St. Joseph) yesterday praised provisions of H.R. 4348 – a short-term extension of federal surface transportation programs – that provide a path forward for approval of the Keystone XL pipeline project as well as ensure future funding for vital harbor maintenance in southwest Michigan. Specifically, the extension would give the Federal Energy […]

  • 12 April 2012

    After 15 years of study, the United States Army Corps of Engineers (USACE) announced that it had released the final documents for the Savannah Harbor Expansion Project (SHEP) for review by state and federal agencies and the general public. Following the report, some officials made these comments: Rick Gabrielson, Director of International Transportation, Target and […]

  • 2 April 2012

    The U.S. Department of Transportation’s Maritime Administration (MARAD)  awarded a $34.6 million contract for the design and construction of a new facility for eight of the largest government ready reserve fleet cargo ships on the Neches River near Beaumont, Texas. “The Neches River facility means jobs for Beaumont and improved support for our ready reserve […]

  • 1 March 2012

    Advocates of “clean marinas” testified before the General Assembly’s Commerce Committee Tuesday, urging support for a bill that would allow marinas that follow anti-pollution protocols to apply for grants that could pay 40 percent of dredging costs. “Long Island Sound provides more than $9 billion to the regional economy every year,” Leah Schmalz, director of […]

  • 28 February 2012

    Cornwall Wildlife Trust, the local charity that protects wildlife on land and at sea, has announced that it supports an alternative option to develop Falmouth Docks which would save part of a nationally rare marine habitat. This alternative option is outlined in the Docks’ own Masterplan and initial estimates shows it could provide the economic […]

  • 28 February 2012

    The Senate Corporations Committee will meet today to hear several bills recommended by a legislative commission to encourage development and marketing of Rhode Island’s ports. On the committee’s calendar are three bills that were among the recommendations of the Special Legislative Commission to Study Potential Economic Opportunities in the Development of Port Facilities in Rhode […]

  • 21 February 2012

    Last Friday, the first waiting berth for short sea and feeder vessels went into use on the Maasvlakte. It involves the former Tor Line berth, which the Port of Rotterdam Authority has made suitable for small container vessels. The waiting berth was used straight away by the 137-metre “Öland”, owned by the shipping company X-Press […]

  • 20 February 2012

    Gladstone Ports Corporation’s (GPC) Western Basin Dredging and Disposal Project is set to become safer with the introduction of Incident Cause Analysis Method (ICAM) training. Western Basin Dredging and Disposal Project Leader Peter O’Sullivan said ICAM has been put in place to train supervisors and safety personal to create a safer working environment. “It’s to […]

  • 19 February 2012

      On any given day, ships carrying cargo from Mexico to China pull into one of the 28 ports along the Texas coast to deliver imported goods ranging from coffee to cars – a maritime industry that generates $135 billion in economic value to the state and creates nearly one million jobs. With Texas ports […]

  • 15 February 2012

    President Obama’s new budget, to be submitted to Congress Monday, includes $31 million for continued deepening of the Delaware River navigation channel, two members of Congress said Sunday night. Supporters say deepening the 102-mile channel by five feet will allow bigger ships – and greater commerce – between Philadelphia and Camden and the Atlantic Ocean. […]

  • 31 January 2012

    A new charity to look after England and Wales’ network of 200-year old canals and rivers will be given over £1 billion of Government help to give it the best possible start, Environment Minister Richard Benyon, announced today. This unprecedented funding for a new charity paves the way for the launch of the new Canal […]

  • 26 January 2012

    Driven by outstanding execution and stronger global demand, Caterpillar Inc. delivered record-breaking 2011 sales and revenues of $60.138 billion, an increase of 41 percent from $42.588 billion in 2010. Profit in 2011 was $4.928 billion, an increase of 83 percent from $2.700 billion in 2010. Profit per share of $7.40 was up 78 percent from […]

  • 26 January 2012

    The Martin County Board of County Commissioners  approved the award of a $6.4 million dollar contract to dredge the St. Lucie Inlet to Norfolk Dredging Company of Virginia. The company met all the requirements of the bidding process and was the lowest qualified bidder, therefore winning the contract. Norfolk Dredging has extensive experience in coastal […]

  • 12 November 2011
    Business & Finance

    Reef Subsea AS announced yesterday that they have acquired from Rotech Group 100% of their Rotech Subsea group of companies headquartered in Aberdeen, Scotland. With this friendly and strategic acquisition, Reef Subsea creates a world leader in Seabed Dredging and Mass Flow Excavation services with offices in the main subsea markets of the North Sea, […]

  • 24 October 2011

    On Saturday morning, Governor Dannel P. Malloy visited the Thames Shipyard and Cross Sound Ferry in New London to view the progress of construction on the site’s capital improvement project and speak with its management team and staff. The project, which received a $2 million in state bond grant in August that triggered a $1.5 […]

  • 24 October 2011
    Business & Finance, Equipment, Technology

    Caterpillar has been awarded a renewed contract by the National Joint Powers Alliance (NJPA) to supply “Construction Equipment together with Related Accessories, Supplies and Services” to NJPA’s more than 30,000 members. NJPA is a municipal agency that creates a business and service relationship alliance between buyers and suppliers, providing the opportunity for members to purchase […]

  • 3 October 2011
    Business & Finance, Project & Tenders

    Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States and a major provider of commercial and industrial demolition services, today announced eight new contract awards totaling approximately $180 million. The awards include a coastal restoration project in Louisiana, port deepening work in New York’s Ambrose channel and six […]

  • 30 September 2011
    Business & Finance

    Orion Marine Group, Inc.a leading heavy civil marine contractor serving the infrastructure sector  is providing its investors an update on the Company’s outlook and end markets. As part of its ongoing communications with investors, the Company is establishing a mid-period update on its outlook and end markets. In the future, investors should expect this update […]