Search results for: development

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  • 10 July 2018
    Business & Finance

    The Philippines Government has allocated $18.7 million for a development program at Naval Base Rafael Ramos in Lapu-Lapu City, Cebu, aimed to make the base accessible to the present and future frigates that will be acquired by the Philippine Navy (PN). Commenting the latest announcement, PN spokesperson Cmdr. Jonathan Zata said that the bidding process […]

  • 22 June 2018
    Business & Finance

    Earlier this week, a datasheet for the first in-stock dredger by Italdraghe was released. Active in this business segment since 1952, the Italian manufacturer decided to follow the market tendency of ready-to-ship vessels. “Of course, the company’s core business is still the customized construction of dredging solutions with a main focus on CSDs,” said Cecilia Giorgi […]

  • 20 June 2018
    Business & Finance

    Caledonian Maritime Assets Ltd (CMAL) said in its latest announcement that they will host a public meetings next week to update communities on the harbor revision order (HRO) needed at Tarbert (Harris) to allow the harbor improvement works to begin. According to the official statement, to prepare for the new ferry that has been procured […]

  • 8 June 2018
    Business & Finance

    In voicing their support for the U.S. House of Representatives passing the 2018 Water Resources Development Act (WRDA), the American Association of Port Authorities (AAPA) yesterday hailed this legislation as providing policy revisions to improve and streamline product delivery in the USACE’s navigation program. “By approving WRDA 2018 today (June 6th) by a vote of 408 to […]

  • 7 June 2018
    Business & Finance

    AS Merko Ehitus Eesti, part of AS Merko Ehitus group, said in their latest announcement that they have won a contract for the Hundipea Port Development Project in Estonia. According to the official statement, the works will include a significant amount of dredging operations and reconstruction of quays no 8 and no 9. The contract […]

  • 7 June 2018
    Business & Finance

    The U.S. House of Representatives yesterday approved the Water Resources Development Act (WRDA) of 2018 (H.R. 8), bipartisan legislation that provides for improvements to the Nation’s ports, inland waterways, locks, dams, flood protection, ecosystem restoration, etc. According to the official U.S. House of Representatives’ statement, the bill passed by a vote of 408 to 2. […]

  • 6 June 2018
    Business & Finance

    Montrose Port Authority has just announced that it has received a £1.5 million Ports Mode Shift Grant from the Scottish Government. Following on from a period of significant investment for Montrose Port Authority, the funding feeds into the Port’s strategic growth plans which will allow larger cargo vessels to dock in Montrose. The Grant will […]

  • 24 May 2018
    Business & Finance

    The Transportation and Infrastructure Committee yesterday unanimously approved the bipartisan Water Resources Development Act (WRDA) of 2018, legislation that provides for improvements to the Nation’s ports, inland waterways, locks, dams, flood protection, ecosystem restoration, and other water resources infrastructure. This approval marks the third Water Resources Development Act approved by the Committee under Chairman Shuster’s […]

  • 22 May 2018
    Business & Finance

    The Philippine News Agency (PNA) said in their latest announcement that the Philippine Ports Authority (PPA) will be accelerating the implementation infrastructure projects in ports nationwide, following a robust growth in revenues for the first quarter of the year. The strong financial performance will enable the agency to further improve ports which are heavily congested with […]

  • 21 May 2018
    Business & Finance

    Transportation and Infrastructure Committee leaders last week introduced the bipartisan Water Resources Development Act (WRDA) of 2018, legislation that provides for improvements to the Nation’s ports, inland waterways, locks, dams, flood protection, ecosystem restoration, and other water resources infrastructure. WRDA 2018 (H.R. 8) was introduced by Transportation and Infrastructure Committee Chairman Bill Shuster (R-PA), Transportation […]

  • 8 May 2018
    Business & Finance

    To pass on the latest developments in port management and coastal hydraulic engineering, Deltares has teamed up with STC-Nestra to organize courses for experts from the Laboratoire d’Etudes Maritimes (LEM), a part of the Algerian Ministry of Transport. On the basis of questions from Algeria, Deltares consultants talked to Algerian port experts to share their […]

  • 7 May 2018
    Business & Finance

    Stena Oil has inked an agreement to develop a new marine fuel terminal in the Port of Frederikshavn that will be fully adapted for the new Sulphur Directive 2020. According to the official announcement, the new terminal has been made possible by major investment in recent years to expand and develop the Port of Frederikshavn. […]

  • 7 May 2018
    Business & Finance

    The Central Coast Council – serving the Central Coast region of New South Wales, Australia – recently kicked off $2,807,000 of important coastal foreshore and rehabilitation works at the southern end of Avoca Beach. The works, funded by the NSW State Government, will improve the infrastructure and amenity of the area as well as to deliver […]

  • 5 April 2018
    Business & Finance

    A South Korean company, through its Philippine subsidiary, has offered to undertake the expansion and modernization of Port Irene in Santa Ana, Cagayan in a proposal to dredge its harbor and reinforce its pier that would allow large cargo and cruise vessels to dock, the Philippine News Agency (PNA) informs.  Saying that it is “a […]

  • 27 March 2018
    Business & Finance

     Ayia Napa Marina, situated on the southeastern coast of Cyprus, has just released the latest video update on their marina development project.  Phase 2 of construction, which refers to all residential and commercial buildings of the project, started on 1st March 2018, with Terna S.A. and the Ayia Napa Marina engineering teams mobilizing new staff, […]

  • 27 March 2018
    Business & Finance

    Rohr-Idreco Dredge Systems Europe has signed a long-term contract with a sand and gravel company in Germany to deliver and operate a 52 meter digging depth electric dredger where it will be paid on a per tonnage basis. This arrangement will enable the client to optimize and fix its costs, converting a substantial fixed cost […]

  • 26 March 2018

    More production, more profits Generally speaking the more production you achieve with your dredging vessel, the more profit you make. A lot of the costs of a dredging vessel are fixed, so not related to the production. But the weekly turnover is, in most cases, directly related to the weekly production. Increasing the turnover, without […]

  • 15 March 2018
    Business & Finance

    The EcoShape foundation which carries out the public-private Building with Nature innovation program recently released a study on the Mud Motor Koehoal salt marsh development. The Koehoal Salt Marsh Development with a Mud Motor looks at the potential for furthering the development of salt marshes in the Wadden Sea by making optimal use of the […]

  • 8 March 2018
    Business & Finance

    U.S. Congressman C.A. Dutch Ruppersberger, along with U.S. Senators Ben Cardin and Chris Van Hollen (all D-MD), yesterday announced that Baltimore County will receive $20 million in federal funding for the Sparrows Point redevelopment. The funding is made available through to the the Transportation Investment Generating Economic Recovery (TIGER) grant program. “The scale of this project cannot be overstated […]

  • 21 February 2018
    Business & Finance, Project & Tenders

    Royal Boskalis Westminster N.V. has received a Letter of Award from the Maritime and Port Authority of Singapore (MPA) for the port development project Tuas Terminal Phase II in Singapore, also referred to as Tuas Terminal Finger Pier 3. The contract value for the consortium, including Penta Ocean Construction Company and Hyundai Engineering & Construction […]

  • 15 February 2018
    Business & Finance

    The construction activities on an inland port at Bukasa, Uganda, on the shores of Lake Victoria are set to begin next year, the Daily Monitor reports. The official announcement was made by Mr Jochen Scherer, the Projects Director of GAUF Engineering Company, a German firm that is doing the consultancy for the construction of the […]

  • 31 January 2018
    Business & Finance

    The Lekki Port LFTZ Enterprise (LPLE) has started major construction works on the Lekki Deep Sea Port in Lagos State, local media reports. The port construction operations are being carried out by two major companies: China Harbor Engineering Company Limited (CHEC), the engineering and construction arm of China Construction and Communication Company (CCCC) and Louis […]

  • 31 January 2018
    Business & Finance

    The Freeport of Riga Authority said in its latest announcement that they have started work on creation of the ‘Port Development Plan’ for the next decade. According to the Freeport of Riga CEO, Ansis Zeltins, this will be a comprehensive plan highlighting planned development trends for the Port of Riga over the next ten years, […]

  • 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, […]

  • 12 January 2018
    Business & Finance

    Port Newark Container Terminal LLC (PNCT) has secured $298 million in bond proceeds that will be used to refinance existing debt and finance its future terminal development project. The project will expand the terminal footprint by 17 percent to 309 acres and increase the terminal capacity to 1.3 million container lifts (2.3 million twenty-foot equivalent […]

  • 3 January 2018
    Business & Finance, Equipment, Technology

    The International Association of Dredging Companies (IADC) has released in its latest Terra et Aqua an article named ‘Towards Sustainable Port Development’. In the paper, University of Antwerp professor, Patrick Meire, and researchers Annelies Boerema and Katrien Van Der Biest identify and evaluate a broad range of effects of port development for society, marking the first step towards […]