Search results for: financial

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  • 22 March 2016
    Business & Finance, Project & Tenders

    North Myrtle Beach City Council on Monday, March 21, passed second reading of an ordinance to approve the “Master Trust Indenture” for the Cherry Grove Dredging Project, which is a step forward in obtaining financing for the project. The ordinance approves a Master Trust Indenture (MTI) for the Cherry Grove project financing, and authorizes the mayor and […]

  • 27 June 2014
    Business & Finance, Equipment, Technology

    On 17 June of this year, the Port of Gdansk Authority SA together with project contractors and building control representatives signed contracts for the execution of works under the project “Expansion of an intermodal container terminal at the Port of Gdansk’s Szczecinskie Quay”. This is the first PGA SA project in a long time that […]

  • 28 January 2016
    Business & Finance

    The City of San Luis Obispo Council approved a contract award to MNS Engineers, Inc. last week, for phase I of the Laguna Lake Dredging and Sediment Management Project. The MNS team will provide engineering design options for this dredging project, expected costs and financing options, as well as environmental review and permitting for the project. Public […]

  • 25 February 2011
    Business & Finance

      DOCKWISE Ltd., today publishes results for the three month period and full year ended 31 December 2010. Financial highlights Q4 2010 Revenues of USD 123 million (Q3 2010: USD 109 million); Adjusted EBITDA of USD 50 million (Q3 2010: USD 46 million); Operating margin of 41% (Q3 2010: 42%); Adjusted net profit of USD 17 […]

  • 2 January 2014
    Business & Finance, Equipment, Technology

    The consortium carrying out a historic expansion of the Panama Canal says it may have to suspend work due to the financial problems, according to Led by Spain’s Sacyr Vallehermoso, the consortium, which also includes Impregilo of Italy, Jan De Nul Group and Panama’s Constructora Urbana, is claiming $1.6 billion (1.16 billion euros). The […]

  • 2 January 2014
    Business & Finance, Equipment, Technology

    The Ghana Ports and Harbours Authority has accepted the proposals of prospective investors in the Tema Port expansion project, for the extension of the period for submission of their technical and financial proposals. Consequently those companies shortlisted in the application for the expression of interest, have been given up to 27th January, 2014 to submit […]

  • 20 December 2011

    Dave Vander Heyde has joined IHC Merwede on 15 December 2011 as the company’s new Finance Director. He has succeeded Fred Brouwer, who has reached the age of retirement. Mr Vander Heyde began his career in the financial sector for what was previously called the Belgische Kredietbank NV. He then went on to work for […]

  • 16 April 2012

    DP World‟s London Gateway project has been awarded the coveted „Global Deal of the Year‟ for 2011 at the Infrastructure Journal Awards. The successful London Gateway team was accompanied by representatives from Allen & Overy, Royal Bank of Scotland and Société Générale, who all played key roles in advising and financing the project. The award […]

  • 19 December 2012

    Moody’s Investors Service has affirmed an A1 rating for the South Carolina Ports Authority’s (SCPA) outstanding debt and provided a stable outlook, citing the agency’s strong operating history, favorable financial performance and distinct advantages such as deep water. The ratings update said that due to the SCPA’s competitive advantages, such as proximity to open ocean, […]

  • 3 May 2012

    ARCADIS, the international design, consulting, engineering and management services company, recently announced that together with its subsidiary EC Harris, it has won a three-year framework contract with Abu Dhabi Ports Company (ADPC) to provide business planning, master planning, design, engineering, program management and training services. Financial details were not disclosed. EC Harris has an existing […]

  • 28 January 2016
    Business & Finance, Project & Tenders

    Wyong Shire Council has denied recent claims that widening the mouth of The Entrance Channel will assist with flood relief, confirming its commitment to keep the channel open to the ocean through its dredging program. According to Council’s Director of Infrastructure and Operations, Mr Greg McDonald, the width of the mouth of the channel has little impact on the […]

  • 13 March 2014
    Business & Finance, Equipment, Technology

    Royal Boskalis Westminster N.V. achieved revenue of EUR 3.5 billion in 2013 (2012: EUR 3.1 billion). Net profit rose sharply to EUR 366 million (2012: EUR 249 million), partly due to a number of extraordinary items amounting to EUR 97 million post tax. Boskalis intends to distribute a dividend of EUR 1.24 per share and […]

  • 17 April 2013
    Business & Finance

    Bernstein Liebhard LLP today announced that approximately five weeks remain – until May 20, 2013 – to file a motion for lead plaintiff in a securities class action that has been commenced in the United States District Court for the Northern District of Illinois on behalf of a class of purchasers of Great Lakes Dredge […]

  • 26 March 2013
    Business & Finance

    The Shareholders Foundation, Inc. announces that a lawsuit was filed on behalf of certain purchasers of Great Lakes Dredge & Dock Corporation (GLDD) common stock over alleged violations of Federal Securities Laws by Great Lakes Dredge & Dock Corporation in connection with certain allegedly false and misleading statements made between August 7, 2012 and March […]

  • 13 June 2013
    Business & Finance

    U.S. Senator Thad Cochran (R-Miss.) reported that Mississippi will receive more than $6.2 million in funding from the U.S. Department of Agriculture to support recovery from recent natural disasters. The USDA this week approved Emergency Watershed Protection (EWP) program funding to assist in the recovery from damages incurred during Hurricane Isaac and flooding in 2012, […]

  • 18 May 2012

    Bintulu Port Holdings Bhd (BPHB) will fund the development of the RM1.8bil Samalaju deepsea port project through a combination of equity and debt. Chief executive officer Datuk Mior Ahmad Baiti Mior Lub Ahmad said the equity to debt ratio would be announced soon after it was finalised with BPHB’s major shareholders. “We have discussed the […]

  • 14 February 2011
    Business & Finance

      M.Sc. (Econ.) Pauliina Tennilä has been appointed Director, Investor Relations at Wärtsilä Corporation as of 1 March 2011. She succeeds Joséphine Mickwitz, who has been appointed HR Director, Wärtsilä Industrial Operations. Tennilä has worked at Wärtsilä since 1998 and has held various positions in the company, among others in Wärtsilä Development & Financial Services […]

  • 9 August 2010
    Project & Tenders

    Dredging of the Broadwater near West Crab Island is expected to start today and the sand will be used to repair damage to Surfers Paradise beach. About 30,000 cubic metres of sand will be dumped on the beach thanks to the $1 million in dredging work, which is due to be completed in October. There […]

  • 22 April 2016
    Business & Finance

    The Highland Council has invited bidders to submit their offers for the Nairn Harbor dredging contract. The cleanup scheme will involve removing about 12,000 cubic meters of accumulated silt, mud and sand that have built up over several decades within the facility’s inner harbor. A temporary ramp will be installed between the basin and the car park, and from the […]

  • 11 February 2013
    Business & Finance

    The Dredging Corporation of India (DCI) has announced the unaudited Financial Results for the quarter/period ended 31st December, 2012. The Dredging Corporation of India Limited (DCI) was established in the year 1976 to provide dredging services to the Major Ports of the country in India. DCI is a pioneer organization in the field of dredging […]

  • 1 April 2015
    Business & Finance

    The EU’s TEN-T Program will co-finance with over €600,000 a market and technical design study to extend Corsica’s Port of Bastia. The project will allow increased traffic to the port, leading to better transport connections between Corsica and the rest of Europe. As the traffic from mainland Europe to the Port of Bastia is steadily […]

  • 12 March 2013
    Business & Finance, Equipment, Technology

    GE Capital, Corporate Finance today announced it provided $16 million in equipment financing to the Dutra Group, Inc. The funds refinance existing debt used to support the company’s marine fleet. Headquartered in San Rafael, CA, the Dutra Group focuses on dredging and marine construction along the west coast, and produces and distributes aggregate materials to […]

  • 21 June 2012

    Western Region to get new offshore shore-base facilities, reports ghanaweb. A locally based company, Gulf Western Group, in partnership with the Ghana Maritime Authority had initiated $120 million investment project wich is expected to create 5,700 jobs for the local people in the next five years. First phase of the project would involve Funko lagoon […]

  • 12 January 2017
    Business & Finance

    The fourteenth annual conference on ‘Ports in India’ named ‘Progress, Potential & the Way Forward’ will take place on January 23-24, 2017, at The ITC Maratha, Mumbai. The mission of this conference is to provide an update on the key trends and developments in the sector, examine recent policy initiatives, highlight the opportunities in the […]

  • 11 April 2014
    Business & Finance, Equipment, Technology

    The South Florida Water Management District Governing Board approved a resolution signing on as the local sponsor of the Central Everglades Planning Project (CEPP) and affirming the District’s financial capability for the project. Regarding this, Governor Rick Scott issued a following statement: “We’re committed to restoring and protecting water quality for families along the St. […]

  • 25 September 2013

    The first ever hydro-automated dredger in Bangladesh, named “United Dredger 1”, will be launched very soon, United Dredging and Engineering Co Ltd announced this week. Regarding this ambitious plan, Ehsan Yusuf, the managing director of United Dredging and Engineering, stated: “With the launch of the dredger, one of my dreams has come true. If it […]