Search results for: expected

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  • 24 July 2013
    Business & Finance, Equipment, Technology

    Caterpillar Inc. announced second-quarter 2013 profit per share of $1.45, down from second-quarter 2012 profit per share of $2.54. Sales and revenues were $14.621 billion, down from $17.374 billion in the second quarter of 2012. Profit was $960 million in the second quarter of 2013, down from $1.699 billion in the second quarter of 2012. […]

  • 14 September 2017
    Business & Finance, Research & Development

    Future Market Insights (FMI) recently released a report on the global Dredging market in which they noted that the market is slated to touch a value of nearly $16,500 million in the year 2022. According to the report, as the population of the world keeps on increasing, particularly in the coastal areas, more amount of coastal […]

  • 3 October 2012

    Congressman Tim Bishop announced yesterday that work to dredge Shinnecock Inlet will begin in November, with 128,000 cubic yards of sand from the dredged inlet to be placed on the badly eroded section of beach known as West of Shinnecock Inlet (WOSI). In June, Bishop announced that he had secured $5.1 million in federal funding […]

  • 3 August 2020
    Vessels

    For the last couple of months, the MV Yed Prior has been docked at the Royal Niestern Sander shipyard in Delfzijl for a conversion. The vessel is being converted from a container ship to a gravel dredger for the fa. Spaansen. According to the Niestern Sander, the Yed Prior conversion project is expected to be […]

  • 27 December 2019
    Business & Finance, Vessels

    Jan De Nul Group has just announced that their new trailing suction hopper dredger Galileo Galilei was launched today at COSCO Shipping Heavy Industry in Dalian, China. The 18,000m³ TSHD will be equipped with a two stage highly efficient exhaust gas filter system. This will result in emissions complying with the European Stage V regulations […]

  • 4 April 2012

    According to The Republic, Connecticut lawmakers are coming together to form a bipartisan Long Island Sound Caucus to focus on the concerns of shoreline residents and promote the area’s environmental and economic interests. State representatives and senators who represent towns on the sound will announce the creation of the caucus at a Wednesday afternoon news […]

  • 14 November 2014
    Business & Finance, Equipment, Technology

    Royal Boskalis Westminster N.V. has concluded a good third quarter. Revenue and earnings, adjusted to reflect the deconsolidation of SAAM SMIT Towage, are in line with the first two quarters of 2014. At Dredging the possible settlement of a number of old projects mentioned during the presentation of the half-year numbers has taken place. This […]

  • 5 July 2012

      The CEDA Working Group on Ecosystem Services (WGES) has their first meeting this week in Delft at the CEDA Headquarters. WGES will produce a CEDA Information Paper on ecosystem services in the context of dredging and the construction of marine and fresh water infrastructure. The aim of the paper is to explain ecosystem services […]

  • 31 December 2014
    Business & Finance, Equipment, Technology

    The Panama Canal Board of Directors this week formally approved the development and construction of a transshipment port in Panama’s Corozal region. Upon completion, the port will have the capacity to handle more than five million TEUs within a 120-hectare area at the Canal’s entrance to the Pacific. The project is now awaiting the final […]

  • 20 August 2010

    An ambitious project to dredge the 13 rivers crisscrossing the capital has been delayed to early 2011 from a previous deadline of late this year, pending the release of funds from a foreign loan, Governor Fauzi Bowo said on Thursday. The Jakarta Urgent Flood Mitigation Project is being funded by a $150 million loan from […]

  • 25 August 2011
    Business & Finance

    DP World today announced financial results from its global portfolio of marine terminals for the first six months of 2011, reporting profit after tax before separately disclosed items of S281 million, 36% ahead of the same period last year. After separately disclosed items, which include a significant one off gain from the monetization of 75% […]

  • 4 January 2013
    Business & Finance

    In an effort to prevent petroleum contamination from leaching into Bellingham Bay, crews will clean up a small section of shoreline along the Whatcom Waterway near downtown Bellingham. Crews are moving equipment and supplies into position this week and plan to work nights starting Jan. 7, 2013, when tides will be lowest. This interim project […]

  • 2 June 2014
    Project & Tenders

    The strong winds which create waves over eight feet tall are having a large impact on the Folly Beach renourishment project. The project which began in January is expected to be finalized by the end of June, News2 reports. 1.5 million cubic yards of sand will be dredged from the seafloor and placed along the […]

  • 1 June 2012

    The SS Keewatin was launched yesterday afternoon on a journey back to its port of origin in Georgian Bay, WHTC reports. Two tug boats slowly towed the 105-year-old, 350-foot vintage steamship through Kalamazoo Lake, and the vessel is expected to get into the waters of Lake Michigan sometime today. Canadian interests paid more than a […]

  • 28 December 2011

    On Dec. 9, the state of Florida issued a permit that would allow Lee County to dredge Blind Pass. The county expects a federal permit sometime in January. County officials hope to remove 100,000 cubic yards of sand that has flowed into the pass since it was opened by a $3.2 million project in 2009. […]

  • 23 January 2015
    Business & Finance

    The Hamble Point Marina maintenance dredging operations will start during the week commencing 26 January 2015. Depending on the weather, the expected completion date for these works is 13 February 2015. The dredger will then return to the Royal Southern Yacht Club to complete the dredging in this area. The estimated completion date for this […]

  • 24 January 2013
    Business & Finance

    The Department of Defense announced it has added C.F. Bean to a list of 12 other contractors that are recipients of a $500 million firm-fixed-price, multiple-award contract to conduct “miscellaneous dredging projects.” The U.S. Army Corps of Engineers will be responsible for the projects, the locations of which will be “determined with each order.” All […]

  • 6 June 2017
    Business & Finance

    A £50,000 coastal defense repair scheme at Portaferry Road in Greyabbey is officially underway, the Northern Ireland’s Department for Infrastructure said in its latest release. The scheme will greatly improve the structural stability of the existing seawall and thereby lessen the risk of undermining the carriageway of this important A Class Road on the Ards Peninsula […]

  • 5 September 2012

    The Jawaharlal Nehru Port channel dredging project will commence this month and is expected to take two years to complete. The expansion comprises the deepening and widening of the 33.5 km long access channel, the port basins and turning basins. In total, approximately 67 million cubic meters of sand, silt, clay and rock will be […]

  • 19 May 2017
    Business & Finance

    Great Lakes Dredge & Dock Corporation yesterday announced the pricing of its previously-announced offering of $325 million aggregate principal amount of senior notes due 2022. According to the release, the 2022 Notes were priced at par with a coupon rate of 8.000%. The 2022 Notes will mature on May 15, 2022. Each of GLDD’s existing […]

  • 23 October 2015
    Business & Finance

    Great Lakes Dredge & Dock Corporation has announced the receipt of an award for a $103 million contract for the construction of the National Resources Damage Assessment Caillou Lake Headlands project from the State of Louisiana Coastal Protection and Restoration Authority. The company is also the apparent successful bidder for the $28 million Chenier Ronquille […]

  • 29 July 2011

    The Container Terminal Dortmund (CTD) expects to transfer 300,000 TEU this year, 5% more than the 287,000 TEU of 2010 when a growth of more than 13% was recorded. It is expected that the limit of the terminal capacity will be reached in about two years, with 190,000 movements, or around 325,000 TEU. Expansion is […]

  • 13 June 2013
    Business & Finance

    New Buffalo Harbor will be open for boating this season. This year Lake Michigan water levels are at an all-time low and levels are expected to continue dropping this summer, adversely affecting boating throughout the Great Lakes. Despite this, New Buffalo Mayor Warren Peterson is resolute, “safe navigation in New Buffalo Harbor is a top […]

  • 13 March 2015
    Business & Finance

    A major dredging project is currently underway at Cowes Yacht Haven, which will allow the marina to continue to cater for small superyachts and large boats over coming years. Substantial investment has been made in dredging, which started on Monday (March 9) and is being carried out by Jenkins Marine. Once the dredging is complete, […]

  • 13 February 2015
    Business & Finance

    The Randle Reef project partners have announced that a path forward has been established for the project. In the summer of 2014, extensive consultation occurred with industry experts to determine options to advance the project within the current budget envelope. After careful consideration of all information received from industry, the project partners have identified modifications […]

  • 27 June 2011
    Business & Finance

    Miclyn Express Offshore Limited (“MIO”) announced the purchase of two 330 foot Barges. The Barges will be immediately deployed as part of the fleet executing the transportation project for the infrastructure development of the LNG export facilities at Barrow Island in North West Australia. It is envisaged that the new Barges will be fully utilised […]