Search results for: financial

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  • 23 December 2011

    The Asian Development Bank (ADB) will offer loans of $200 million to Anhui province to improve its transport infrastructure. The loans will be used to upgrade and dredge highways and channels across the Industrial Transfer Demonstration Zone in the Anhui Yangtze River City Belt. Under the auspices of the loan program, seven highroads running over […]

  • 16 June 2015
    Business & Finance

    Ministers Lilianne Ploumen (Foreign Trade and Development Cooperation) and Melanie Schultz van Haegen (Infrastructure and the Environment) today signed an agreement with the Bangladesh government and the World Bank Group, on the development of a financial strategy for investments in a more sustainable protection of Bangladesh’s river delta. The strategy enables the World Bank to […]

  • 12 May 2020
    Business & Finance

    The International Association of Dredging Companies’ (IADC) latest edition of their Terra et Aqua magazine featured a very interesting article named ‘Managing risks: how to select the appropriate dredging contract’.  The contracting environment for dredging and offshore works is diverse. Moreover, increasing financial and/or managerial constraints are requiring contracting parties to change the apportionment of […]

  • 6 August 2015
    Business & Finance

    The Australian Marine Conservation Society (AMCS) has welcomed the Commonwealth Bank’s decision to end their position as financial adviser to the Adani Carmichael coal mine project, which will require the expansion of the mega-port Abbot Point. Cherry Muddle, Great Barrier Reef campaigner for AMCS, said that the decision highlights that the project represents a bad […]

  • 8 February 2014
    Business & Finance, Equipment, Technology

    The Panama Canal Authority (ACP) sent its counterproposal to the Grupo Unidos por el Canal S.A. (GUPC) that will enable the continuation of work in the new locks project. The proposal does not increase the contract price or accepts any of the claims, which must be presented following the mechanisms established in the contract. It is based […]

  • 10 October 2012

    According to the ABC News, the Moyne Shire is seeking solution to fix the erosion problem at the Port Fairy East Beach. They plan to use the sand from the Warrnambool dredging project to replace the greatly damaged beach and dunes at the East Beach. The Moyne Shire officials have asked the Victorian Government to […]

  • 8 August 2012

    The Sault Ste. Marie City Commission approved a bid from Gro America, LLC of Grand Rapids, to complete the Ashmun Bay dredging project. According to the City Manager Spencer Nebel , this dredging project includes digging of the channel to a uniform depth of 6.5 feet connecting the Ashmun Bay Boat Ramp with the shipping […]

  • 15 May 2012

    ADPC has awarded a three year framework contract to Arcadis, the international design, consulting, engineering and management services company, and its subsidiary EC Harris. They will provide business planning, master planning, design, engineering, program management and training services. EC Harris is already providing ADPC project control services for the Taweela-based megaproject Khalifa Port and Khalifa […]

  • 15 August 2014
    Business & Finance, Equipment, Technology

    The 68th Independence Day was celebrated today at Dredging Corporation of India Ltd (DCI) corporate office. Capt. D. K. Mohanty, Chairman and Managing Director of Dredging Corporation of India Ltd congratulated all the employees and their family members for the improved performance for 2013-14 and stated that the company is expected to achieve Excellent MOU […]

  • 12 June 2012

    According to mvtimes.com, Edgartown selectmen agreed Monday to pay a fine to the Massachusetts Department of Environmental Protection, for the unauthorized and unpermitted dredging in January. “We hope, as far as the town is concerned, this is the end of it,” town counsel Ron Rappaport told selectmen at their Monday meeting. “I recommend that you […]

  • 23 November 2010

    British Waterways has awarded a national dredging contract to marine-based civil engineer Land & Water Services Ltd. The initial contract from December 2010 to March 2015, will run up to and beyond the launch of the new waterways charity which is scheduled to take over the custodianship of British Waterways’ canals and rivers in 2012. […]

  • 17 March 2015
    Business & Finance

    The Suez Canal Authority is currently in negotiations with local banks for a bridge loan of $450 million, Egyptian financial daily Al-Mal reported yesterday. The head of Suez Canal Authority Muhab Mamish told the newspaper that the funds would be allocated to pay the firms that will dig the new extensions to the canal. The loan would […]

  • 2 November 2016
    Business & Finance

    Great Lakes Dredge & Dock Corporation (GLDD) today reported financial results for the quarter ended September 30, 2016. For the three months ended September 30, 2016, Great Lakes reported revenue of $198.9 million, net income of $4.6 million and Adjusted EBITDA of $29.1 million. The company recorded the following one-time items during the quarter, positively impacting EBITDA: an […]

  • 8 April 2015
    Business & Finance

    ACI’s European Dredging Summit 2015 (7th and 8th October, Antwerp, Belgium) will be focused on discussing the essential dredging strategies and environmental monitoring for project approval. This meeting will provide a global analysis of dredging projects, environmental regulation and essential recommendations for dredging activity including equipment and contractor selection. The participants will have a chance to […]

  • 1 June 2017
    Business & Finance

    Inland Waterways Authority of India (IWAI) today introduced two hydrographic survey and inspection vessels, set to be deployed in Ganga along the Haldia-Allahabad stretch of National Waterway-1. These specialized survey vessels, SL Ganga and SL Jhanvi, will help identify the nature of dredging requirements and sites to get assured 3 meters draft which the body […]

  • 15 March 2019
    Business & Finance

    The New York City Mayor, Bill de Blasio, has released findings of a study that determined the city’s comprehensive strategy for the Lower Manhattan Coastal Resiliency (LMCR) project. The study evaluated dozens of adaptation measures and identified a set of strategies to build resilience in Lower Manhattan. The recommendations include developing a plan to extend […]

  • 23 January 2019
    Business & Finance

    A plaque was unveiled yesterday to mark the completion of a £2.2 million award winning coastal defense scheme in the North Yorkshire village of Runswick Bay. The Runswick Bay Coastal Protection Trust and local residents joined representatives from Scarborough Borough Council, Environment Agency, Royal HaskoningDHV, JBA Consulting and ESH Construction to celebrate the end of […]

  • 15 July 2020
    Business & Finance

    Great Lakes Dredge & Dock Corporation (GLDD) is scheduled to present in the Noble Capital Markets Virtual Roadshow Series on Wednesday, July 15, 2020 at 10 a.m. C.D.T. Chief Executive Officer and President, Lasse Petterson, and Chief Financial Officer, Mark Marinko will provide an exclusive corporate presentation. The presentation will be followed by a live […]

  • 20 February 2020
    Business & Finance

    Great Lakes Dredge & Dock Corporation yesterday reported financial results for the quarter and year ended December 31, 2019, saying that the gross profit margin percentage increased to 21.0% in the fourth quarter compared with 20.6% in the prior year fourth quarter. Commenting the latest announcement, Chief Executive Officer Lasse Petterson, said: “2019 was an […]

  • 27 March 2018
    Business & Finance

    The Minister for Environment, Hannah Blythyn, announced yesterday a £56 million program to improve flood and coastal erosion defenses and support flood risk management activities across Wales over the next financial year. The program has been prioritized according to risk, considering factors such as the likelihood and impact of a flood, previous events, the number […]

  • 19 November 2014
    Business & Finance

    The Australian Marine Conservation Society (AMCS) has condemned as a totally unacceptable reported plans by Premier Newman to pay for unneeded assets that will damage the Great Barrier Reef. The Newman Government is expected to announce that they will spend hundreds of millions of dollars to assist in the construction of the rail line for […]

  • 5 February 2015
    Business & Finance

    Despite the slow recovery of the global economy and global trade, Hamburger Hafen und Logistik AG (HHLA) managed to increase its revenue and operating result in 2014 financial year. HHLA achieved an operating result of € 169 million – up 10 percent on the previous year. Preliminary figures show that HHLA generated revenue of approximately € […]

  • 21 August 2013
    Business & Finance, Equipment, Technology

    On the heels of announcing its fiscal year 2013 volume results at July’s meeting, including a nine percent gain in container volume and a more than 14 percent increase in non-containerized cargo at its two ports, the South Carolina Ports Authority (SCPA) reported yesterday its financial results for the year that ended June 30. Operating […]

  • 24 September 2014
    Business & Finance, Equipment, Technology

    The Australian Marine Conservation Society (AMCS) has pointed to a new analysis of declining international demand for coal as more reasons why the massive industrial expansion of ports on the Great Barrier Reef’s coastline must stop. The latest report from the Carbon Tracker Initiative, a group of financial analysts specialising in the economic risks of […]

  • 4 December 2017
    Business & Finance

    The European Commission is proposing to invest over €1 billion in 39 key projects that will develop sustainable and innovative transport infrastructure in Europe across all modes. The investment is made via the Connecting Europe Facility (CEF), the EU’s financial mechanism supporting infrastructure networks, and will unlock a total of €4.5 billion of public and […]

  • 19 August 2015
    Business & Finance

    The Laguna Lake Dredging and Sediment Management Project in San Luis Obispo, CA, is now one step closer after the council cleared the first hurdle for the project. The City Council voted unanimously Tuesday to authorize the issuance of a Request for Proposals (RFP) for phase I of this dredging project. According to The Tribune, the request for proposals, which […]