Search results for: financial

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  • 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 […]

  • 16 October 2013
    Business & Finance

    CCCC First Harbor Engineering Co., Ltd. has recently won the bid for Lot 1 of the coastline regulation project and relevant works of the CBD of Qingdao West Coast New Area, with a contract value of 494 million yuan. The project won by the company involves reclamation and temporary road works. With a total planned […]

  • 18 November 2020
    Business development

    Callan Marine has announced the hiring of Matt Sitka, CPA, MBA as the new company Chief Financial Officer (CFO). A 15-year veteran of the industrial services, dredging, and marine construction industry, Sitka brings experience in the petrochemical, refining, power generation, marine, public, and government industries, in addition to four years in public accounting, said the […]

  • 9 January 2017
    Business & Finance

    Great Lakes Dredge & Dock Corporation (GLDD) announced recently that it has closed on a $250 million three year revolving credit facility. PNC Bank, National Association (PNC) acted as Administrative Agent and Issuing Lender, reported GLDD. The bank group consists of PNC, The PrivateBank and Trust Company, Suntrust Robinson Humphrey, Inc., Capital One, Bank of […]

  • 13 March 2015
    Business & Finance

    Government of India has approved a new Central Sector Scheme aimed solely to provide support to Major Ports and create infrastructure that will promote coastal shipping. Under the Scheme, the financial assistance is being given in the form of grant-in-aid for construction/upgradation of coastal berths and capital dredging projects that will deepen the berths and navigational […]

  • 16 April 2012

    According to Ghana Business News, the China Communications Construction Company Limited (CCCC) has expressed interest in investing in Ghana’s roads, railways and harbours expansion projects. The CCCC, the largest construction company in China and Asia, is one of the Chinese companies that the CBD had recommended to Ghana to execute the projects under the terms […]

  • 19 July 2010
    Project & Tenders

    Dredging Corporation of India Ltd., a Public Sector Undertaking, under the Ministry of Shipping, Govt. of India, owning a fleet of dredgers, inviting tenders, to carry out major repairs including dry-docking of vessel DCI Dredge Aquarius, from 3rd week of August 2010. The vessel, built in 1977 by DE MERWEDE, Netherlands is a Cutter Suction […]

  • 22 October 2018
    Business & Finance

    The Central Coast Council has resolved to work with the NSW Government on a long-term dredging plan for the maintenance of the navigation of Ettalong Channel. The resolution follows the recent announcement by the State Government of a $1.225 million funding commitment through the ‘Rescuing Our Waterways’ Program which Council must match dollar for dollar. […]

  • 6 March 2012

    PrimePort Timaru has released its six-month report to December 31, 2011. The projected June 30 year end result is forecasted to show a loss of $200,000, compared to a profit of $2.08 million for the same period the year before. “This is a significant decrease on last year’s profit of $844,000. While this is a […]

  • 11 March 2015
    Business & Finance

    The Philippines Department of Labor and Employment (DOLE) has allotted funds in livelihood projects for 877 financially disadvantaged residents of 61 barangays (villages) in the 3rd District of Negros Occidental. The project, implemented under TUPAD or “Tulong Panghanapbuhay sa Ating Displaced Worker,” is being facilitated by the Office of Third District Rep. Alfredo Benitez. Labor Assistant […]

  • 5 June 2015
    Business & Finance

    Royal Boskalis Westminster N.V. (Boskalis), global dredging and marine expert, has declared dividend of EUR 1.60 per ordinary share for the financial year 2014. This dividend shall be distributed in the form of ordinary shares, unless a shareholder opts to receive the dividend payment in the form of cash. With the dividend distribution as stock, shareholders will receive […]

  • 17 November 2010
    Business & Finance

    Titanium Resources Group  announces that Mr. Raju Jaddoo will step down as a Non-Executive Director from the Board of TRG on 1 December 2010 to devote more time to his other business interests. Commenting on the resignation, Wayne Malouf, Executive Chairman of TRG, said: “The Board would like to thank Raju for the contribution he […]

  • 14 August 2014
    Business & Finance, Equipment, Technology

    Royal Boskalis Westminster N.V. has announced the start of its share buyback program. Within the framework and based on the principles of its business plan for the 2014-2016 period Boskalis intends to execute a buyback program for up to 10 million of its own shares. The program will be executed in the next two and […]

  • 1 October 2012

    During the last financial year, aging dredgers have dragged the performance of Dredging Corporation of India (DCI). DCI announces significant erosion in net profit to Rs 13 crore for the year ended March 31 against Rs 40 crore in the previous year, according to thehindubusinessline.com. Of the 10 trailer suction dredgers that DCI owns, seven […]

  • 24 June 2013

    According to Prince Ayodeji Aleshinloye, the Chairman of Oluyole Local Government Area of Oyo State, a dredging program on four major rivers in the local government is nearing its completion. Dredging of the AgaraAba Ibeji, Odo-Ona KekereArapaja, Odo-Ona Elewe and Odo-Ona Nla rivers was imperative in order to allow free flow of water when there […]

  • 16 March 2015
    Business & Finance, Equipment, Technology

    Jan De Nul Group, a family-owned Belgian company with the financial headquarters in Luxembourg, has released a video about the AMORAS project. AMORAS is an acronym that stands for ‘Antwerpse Mechanische Ontwatering, Recyclage en Applicatie van Slib’ (Antwerp Mechanical Dewatering, Recycling and Application of Sludge). This program offers a sustainable and long-term solution for treating and storing […]

  • 15 September 2013
    Business & Finance

    Great Lakes Dredge & Dock Corporation has announced that Jonathan Berger, Chief Executive Officer, and William Steckel, Senior Vice President and Chief Financial Officer, will be presenting at the Imperial Capital Global Opportunities Conference in New York on Thursday, September 19, 2013. The presentation is scheduled to begin at 3:45 p.m. (E.D.T.). Great Lakes Dredge […]

  • 13 March 2014
    Business & Finance, Equipment, Technology

    Moray Council has been granted an extension to the deadline for repairs to the damaged seawall at Lossiemouth. The Scottish Government agreed to fund half of the £450,000 estimated cost of a permanent repair to the structure, which was breached by heavy seas during stormy weather in December 2012. However, ministers stipulated that the money […]

  • 16 March 2012

    According to a press release, Dredging Corporation of India Ltd (DCI) has inked a memorandum of understanding with the Union Shipping Ministry in New Delhi on Thursday. Dredging Corporation of India Ltd has taken steps for augmentation of its capacity and increasing the strength of its fleet by purchasing three more dredgers, which are under […]

  • 6 January 2012

    Tony Pratt, DNREC Spokesman, said that the sand replenishment project at the Dewey Beach has been completed. The contractor instantly began the job of landfalling the hydraulic pipe in Rehoboth Beach. Pratt added that the replenishment project at Rehoboth Beach should be completed in less than a month. A total of about 1 million cubic […]

  • 6 July 2012

      The Wisconsin Department of Transportation has approved additional funding to help pay for dredging of Cornucopia Harbor. Back on May 28th, severe storms deposited a significant amount of silt in the Cornucopia harbor and left the channel dangerously shallow. “We are extremely pleased with the cooperation from Transportation Secretary Gottlieb and his staff who […]

  • 16 March 2017
    Business & Finance

    Center for Coastal Resources Management (CCRM) has just announced that the VIMS Tidal Wetlands Workshop will be held Tuesday, May 2, at the College of William & Mary School of Education in Williamsburg, VA. The workshop theme for this year is “Sustainable Shorelines in Action: Successful Applications & Incentive Programs” and the workshop focus will […]

  • 18 November 2015
    Business & Finance

    The Fiscal Year 2016 Operating and Capital Budget was approved Tuesday (November 17) during a special meeting of the Port Commission of the Port of Houston Authority (PHA). Solid financial performance is expected to continue in 2016 with projections by the PHA of revenue growth after a very strong fiscal 2015 in terms of cargo tonnage. […]

  • 9 May 2014
    Business & Finance, Equipment, Technology

    Polaris Minerals Corporation reported financial results for the quarter ended March 31, 2014. The net loss attributable to shareholders was $1.5 million ($0.02 loss per share) in the quarter a reduction of 19% compared with the net loss of $1.9 million ($0.03 loss per share) in the comparative quarter last year. Herb Wilson, President and […]

  • 31 July 2013

    Dundee Energy Limited announced its financial results for the three and six months ended June 30, 2013. When referring to the development plans for 2013 in its report, the Company said: As part of its offshore program, the Corporation intends to reactivate a company-owned dock located in Port Burwell in conjunction with its planned strategy […]

  • 14 September 2012
    Business & Finance

    Great Lakes Dredge & Dock Corporation announced Jonathan W. Berger, Chief Executive Officer, and Bill Steckel, Senior Vice President and Chief Financial Officer, will be presenting at the Imperial Capital 6th Annual Global Opportunities Conference in New York on Thursday, September 20, 2012. The presentation is scheduled to begin at 11:30 a.m. (E.D.T.). The Company […]