Search results for: expected

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  • 5 June 2015
    Business & Finance

    The St. Johns River Water Management District will host a meeting on June 11 in Melbourne to provide the public with an update on the status of the Eau Gallie River dredging project. The 6 p.m. meeting will be held at Melbourne City Hall, 900 E. Strawbridge Ave., Melbourne. The District, in coordination with the […]

  • 2 April 2015
    Business & Finance

    The U.S. Army Corps of Engineers Galveston District, has awarded a small business contract in the amount of $8.3 million to CJW Construction Inc., to conduct maintenance dredging at the Houston Ship Channel between Sims Bayou and the Turning Basin in Harris County, Texas. The contractor will be required to remove approximately 800,000 cubic yards […]

  • 17 May 2015
    Business & Finance, Project & Tenders

                    Isla Grande Terminal Dredging Contract Inked  Crowley Puerto Rico Services, Inc. has further solidified its commitment to Puerto Rico with the execution of a $48.5 million construction contract for a new pier at its Isla Grande Terminal in San Juan, Puerto Rico. Boskalis Reports Good First Quarter  […]

  • 11 September 2014
    Business & Finance, Equipment, Technology

    The Board of Directors of the African Development Bank Group (AfDB) approved a combined US $256 million for the financing of investments in Nigeria and Ethiopia as well as a multinational projects preparation facility. The approvals comprise a US $150-million senior loan to Lekki Port LFTZ Enterprise for the construction of a Greenfield seaport in […]

  • 6 September 2012
    Business & Finance, Vessels

    Singapore Technologies Engineering Ltd (ST Engineering) announced today that its marine sector has won shipbuilding and repair contracts worth about S$179m. These wins include a contract to build two additional Offshore Support Vessels (OSVs) as well as a series of repair and upgrading projects. On ship repairs and upgrading, ST Marine has secured a series […]

  • 7 February 2013
    Business & Finance

    Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States and a major provider of commercial and industrial demolition and remediation services, announced receipt of an award of a $41.4 million contract for the deepening of the Arthur Kill channel in the Ports of New York and New Jersey. […]

  • 27 September 2012

    Kochi port has introduced plans to go in for long-term contract for dredging. According to thehindubusinessline.com, the management has invited expressions of interest from companies and their consortiums or joint ventures for taking up dredging operations for a period of 12 years. The long-term contract is expected to make the work more attractive to dredging […]

  • 10 January 2013
    Business & Finance

    At the end of year 2012 Klaipedos Smelte signed loan agreement with the European Bank for Reconstruction and Development (EBRD) and SEB Bank’s for construction container hub in Klaipeda. The total loan amount is 65 million Euro. The construction of a modern container distribution center in the port of Klaipeda is expected to attract ocean-going […]

  • 22 July 2020
    Business development, Infrastructure

    The ongoing closure of the Dorena-Hickman Ferry is expected to continue through Saturday, July 25, the Kentucky Transportation Cabinet said in their latest announcement.  The ferry – which connects Kentucky 1354 at Hickman with Missouri Route A and Route 77 near Dorena across the Mississippi River – has been closed since July 12, when a hose blew in […]

  • 13 May 2015
    Business & Finance

    Coast protection work has begun which will protect and enhance the Children’s Corner area of the south beach at Lowestoft. The work, which started yesterday, will include protection measures against high erosion pressure, restored beach access and installation of a promenade guard-rail. This is the second part of a two-phase scheme funded by a £2.9m […]

  • 25 March 2015
    Business & Finance

    Efforts to mend the Orchard Homes Levee are scheduled to begin March 30 when U.S. Army Corps of Engineers’ officials begin repairs to a 200-foot-long damaged segment located on the Clark Fork River in Missoula, Mont. The $148,000 project will address scouring, erosion, sloughing and a loss of levee armor as a result of high […]

  • 9 April 2012

    Kenya Ports Authority (KPA) is under pressure to expand and modernize the Mombasa port. Dredging of the Kilindini Harbour is expected to be finished four months earlier. The work of dredging the channel to a depth of 15 metres and width of 500 metres, which is carried out by a Dutch firm Van Oord Dredging […]

  • 21 December 2011

    Sierra Rutile Limited has announced an update on 2011 and 2012 production guidance and execution of its first 2012 sales contracts. To date, production in H2 2011 has been significantly higher than in H1 2011 (27,149 tonnes in H1 versus approximately 39,000 tonnes forecast for H2) as a result of the dredge operating in a […]

  • 28 September 2016
    Business & Finance

    Abu Dhabi Ports has awarded a concession to build and operate a new container terminal at Khalifa Port to Cosco Shipping Ports Limited – Abu Dhabi (CSPL SPV), a wholly-owned subsidiary of Cosco Shipping Ports Limited. As per the agreement, the company will be entitled concession rights of Khalifa Port Container Terminal 2 for a span […]

  • 20 December 2012
    Business & Finance

    The headline in Abu Dhabi’s The National newspaper reflected the announcement by Tony Douglas, CEO, ADPC, that enquiries in Khalifa Industrial Zone Abu Dhabi (Kizad) saw a dramatic increase following the launch of the showcase and adjacent Khalifa Port on 12/12/12. A delighted Mr Douglas said of the 420 square kilometre Kizad, which forms part […]

  • 9 October 2019
    Business & Finance

    The Town of Topsail Beach, North Carolina, awarded their channel dredging and beach nourishment project contract to Weeks Marine during a special meeting last week. The $24.6 million project, often referred to as the Local Storm Damage Reduction Plan or SDR, includes dredging the New Topsail Inlet and the side channels in Banks Channel and […]

  • 1 August 2019
    Business & Finance

    New Zealand Prime Minister Jacinda Ardern has this week opened various wharf and ramp structures built by Sunshine Coast dredging and civil construction company Hall Contracting in the remote territory of Tokelau, a dependent territory of New Zealand in the southern Pacific Ocean. The wharves – funded by the New Zealand Ministry of Foreign Affairs […]

  • 28 March 2019
    Business & Finance

    After lots of talk in the past year about starting major dredging projects in the Morgan City area, it is expected that the work will finally be in full swing by the summer, the Louisiana’s Port of Morgan City said in a release. The port officials plan to achieve a decent enough water depth by […]

  • 11 February 2019
    Business & Finance

    RN Dredging Pty Ltd, the Australian subsidiary of Rohde Nielsen A/S, has been awarded the dredging and construction contract for the $127 million Cairns Shipping Development Project. Under the agreement, the company will work alongside Hall Contracting, the largest Queensland-based dredging company, on this project, the State Government announced. Member for Cairns, Michael Healy, said that the […]

  • 18 October 2018
    Business & Finance

    Scarborough Borough Council has approved the appointment of a contractor to design a scheme to repair and improve Robin Hood’s Bay’s main coastal defense asset. Previous studies have shown that the concrete seawall in the popular Yorkshire coast village is in poor condition and has an estimated serviceable life of approximately ten years, said the […]

  • 13 April 2016
    Business & Finance, Equipment, Technology

    The International Association of Dredging Companies (IADC) is currently running a five-day Dredging Seminar in Panama (April 11-15). During the first two days of the seminar, 32 participants from 13 countries visited the artificial islands of Punta Pacifica and a rock loading facility in Vacamonte. The Punta Pacifica land reclamation project, being undertaken by Boskalis, involves […]

  • 20 March 2014

    Bank of Ceylon signed a financing agreement for LKR 10.50 Billion with Sri Lanka Port authority (SLPA) for the development of East Container Terminal (ECT) under Colombo Port Expansion project. This project is facilitated through leading infrastructure development provider Hyndai Engineering and Construction Co. Ltd in Korea. Ltd and is expected to complete in 2015. […]

  • 25 June 2013
    Business & Finance

    Imperial Capital restated their outperform rating on shares of Great Lakes Dredge & Dock Corporation in a report released on Thursday. Imperial Capital currently has a $11.00 price objective on the stock. “We are initiating coverage of GLDD shares with an Outperform rating and a one-year price target of $11, which is 32% above the […]

  • 8 June 2018
    Business & Finance

    Massachusetts State Representative, William Straus, said in his latest announcement that the Baker-Polito Administration has reached an agreement with the City of New Bedford to fund the planning process for further dredging of the city’s harbor. According to the official release, the state is granting $1.6 million for design and permitting of the continued dredging. […]

  • 10 February 2014

    Engineers have estimated that the total cost of the upcoming 2014 – 2015 Concrete Canal Dredging Maintenance project will be approximately $1,898,600, the Town of Ocean Isle Beach announced. During this program, approximately 56,650 cubic yards of material will be removed from these areas and placed in the designated Corps spoil areas. The expected construction […]

  • 27 March 2019
    Business & Finance

    The U.S. President Donald Trump will visit the Lake Okeechobee area on Friday, March 29, to talk about progress on infrastructure projects on and near the lake, local media reports.  White House Deputy Press Secretary, Judd Deere, confirmed the news, indicating that Trump will tout work on repairs to the Herbert Hoover Dike and a long-planned rehabilitation project. […]