Search results for: financial

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  • 3 April 2012

    Plans to provide funds for the development of the Mongla seaport were withdrawn. Due to environmental reasons the Asian Development Bank (ADB) changed their plans to invest Tk 1.0 billion into the port. From the total amount, Tk 800 million was planned for Mongla port while the rest Tk 400 million for Benapole land port, […]

  • 8 June 2011
    Business & Finance

      Royal Boskalis Westminster N.V. (Boskalis) announces that 64.31 percent of the shareholders have elected a stock dividend distributed in the form of ordinary shares. As a result, 2,497,479 new ordinary shares will be issued today. The admission of these shares to trading on NYSE Euronext Amsterdam is required under the rules of Euronext Rulebook […]

  • 16 February 2011
    Business & Finance

      Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) today announced that it will release its financial results for the quarter and year ended December 31, 2010 on Tuesday, February 22, 2011 at 7:00 am CST. A conference call with the Company will be held the same day at 9:00 am CST. The call in […]

  • 28 February 2014

    A ceremony took place on Friday 28 February in Godmanchester, marking the official completion of Godmanchester’s flood risk management scheme. The ground was first broken on Friday 25 May 2012 by Jonathan Djanogly, MP for Huntingdon, and Steve Wheatley, Chair of the Regional Flood and Coastal Committee, who was instrumental in securing approval for the […]

  • 5 November 2015
    Business & Finance

    Orion Marine Group, Inc. (ORN), today reported net loss for the three months ended September 30, 2015, of $7.4 million ($0.27 diluted loss per share). These results compare to net income of $3.0 million ($0.11 diluted earnings per share) for the same period a year ago. “As previously discussed, significant cost increases on five projects […]

  • 17 December 2015
    Business & Finance, Project & Tenders

    U.S. Senator Sherrod Brown has announced that the year-end appropriations bill being considered in Congress this week will include language to prevent the U.S. Army Corps of Engineers from dumping harmful dredged material into Lake Erie. “It’s essential to the Port of Cleveland and northeast Ohio businesses that the Cuyahoga River navigation channel is maintained. […]

  • 28 June 2018
    Business & Finance

    The Hogan Administration has awarded funding to 18 recipients through the Chesapeake and Atlantic Coastal Bays Trust Fund to improve the health of Maryland’s waterways, Maryland Department of Natural Resources said in its latest release.  The “Trust Fund” allows Maryland to accelerate Chesapeake Bay restoration and improve water quality by focusing targeted financial investments and resources on the most […]

  • 28 February 2014
    Business & Finance, Equipment, Technology

    The result of the Port of Rotterdam Authority for 2013 was €227 million. This is €1 million less than the result for 2012. Large investments, especially in Maasvlakte 2, pushed the interest charges and depreciation up considerably. The revenue from port dues decreased. On the other hand, the revenue from the lease of sites increased, […]

  • 15 May 2014
    Business & Finance, Equipment, Technology

    Chatham Rock Phosphate yesterday submitted its formal marine consent application to the Environmental Protection Authority. Should it be accepted as complete, the six-month formal process is expected to lead to a decision in November. The application, representing four years’ work and $25 million in investment, is the second seabed mining proposal under the Exclusive Economic […]

  • 22 November 2012

    The Port of Rotterdam Authority and employers’ organisation Deltalinqs have called on the Dutch government to seek a maximum European contribution to the hinterland connections which are so important for the Netherlands. In the European Union budget negotiations it is of the utmost importance that the Dutch government insists on the modernization of the EU […]

  • 19 March 2013
    Business & Finance

    Block & Leviton LLP, a Boston-based law firm representing investors nationwide, is investigating possible securities law violations involving Great Lakes Dredge & Dock Corp. Just after the close of trading on Thursday, March 14, 2013, GLDD announced that it would restate its second and third quarter 2012 financial results due to improper revenue recognition. The […]

  • 21 March 2012

    Last week the Damen Stan Tug 1205 ‘SWS Essex’ was delivered to the Walsh & Sons Head Office in Brentwood (UK). Walsh ordered the Stan Tug as part of their strategy to transport more cargo by water than by road. In the near future, the total transport capacity of Walsh’s lorry fleet will be exceeded […]

  • 4 March 2014

    The Florida Department of Environmental Protection (DEP) and the South Florida Water Management District (SFWMD) have released the 2014 South Florida Environmental Report detailing a year of science, engineering and environmental restoration progress to improve the Everglades, Lake Okeechobee, the Kissimmee Basin and South Florida coastal areas. The 2014 report marks the 16th year of […]

  • 17 May 2014
    Business & Finance, Equipment, Technology

    One of the partners of Piedroba Consulting Group (PCG) Mr. Jelle Prins has provided invaluable insight into Piedroba’s business plans in the following interview with Dredging Today. What can you tell us about Piedroba Consulting Group? Piedroba Consulting Group (PCG) is a Miami based marine infrastructure consultancy firm with an emphasis on dredging operations in the […]

  • 22 October 2012
    Business & Finance

    Affected by the international and domestic economic environment and the financial positions of local governments of China, the industry generally faced challenges during the first half of the year. However, the prospect of the market is still promising and the medium-to-long term demand will be robust. In the long run, the “Twelfth Five-Year Plan” and […]

  • 29 September 2014
    Business & Finance

    Dredging Corporation of India Limited (DCI), established in 1976 to provide integrated dredging services to the Major Ports of the country, has reported an impressive 21% growth in the operations for the year 2013-14. This year has been a momentous year in the history of the company with two of the three trailer suction hopper […]

  • 24 September 2012
    Business & Finance

    Sembawang of Singapore – Global Project Underwriters will complete and publish an economic feasibility study to unequivocally prove a casino was necessary for the financial sustainability of its now withdrawn Wavebreak development in the Gold Coast’s Broadwater. Sembawang has cancelled its $4.9 billion mixed-use Wavebreak proposal – including a cruise ship terminal, casino, marine facilities, […]

  • 12 June 2018
    Business & Finance, Project & Tenders

    Progress of the Charleston Harbor Deepening Project will remain on track with $49 million awarded in the Army Corps FY18 Work Plan. According to the South Carolina Ports Authority (SCPA), the critical funds that will be coupled with financial support from the State of South Carolina will further secure the progress of deepening the Charleston Harbor to […]

  • 31 October 2017
    Business & Finance

    U.S. Senator Jon Tester has announced $2.1 million in federal disaster assistance for Fallon County to help the community recover from a highly destructive tornado that touched down in Baker in June of last year. “When disasters strike, we need to help folks on the ground pick up the pieces,” Tester said. “This funding will provide the people of […]

  • 29 April 2015
    Business & Finance

    The 4-year-old daughter of a crane operator who was tragically killed in a December 2014 dredging accident will be taken care of for the rest of her life as a result of attorney Matthew Shaffer’s negotiation of a $2.5 million dollar settlement in a mere 60 days. The single father from Newport News, Va., was […]

  • 9 October 2016
    Business & Finance, Vessels

    Dredging Today brings you an overview of the most popular stories from the past week (October 3-9, 2016).   Peterhead Contract for Boskalis and McLaughlin & Harvey JV A joint venture partnership between Boskalis Westminster N.V. and McLaughlin & Harvey has won a contract for the £30 million inner Peterhead harbor redevelopment project – Peterhead […]

  • 19 June 2020
    Infrastructure

    The Gold Coast’s Sand Bypass System is about to receive a new lease of life with work underway on upgrading its high voltage switch gear. “We’ll invest about $1.9 million in upgrade works over the next 12 months,” said Gold Coast Waterways Authority in their latest release. The upgrade is expected to generate about 20 […]

  • 19 February 2019
    Business & Finance

    Jan De Nul Group’s subsidiary Payra Dredging Company Limited (PDCL) entered into a Public Private Partnership (PPP) agreement with Payra Port Authority (PPA) last month for the capital and maintenance dredging of the Rabnabad Channel at Payra Port in southern Bangladesh. Both parties, PDCL and PPA, are now looking for a consulting engineering company, with […]

  • 9 March 2017
    Business & Finance

    A £2.5 million action plan to provide greater flood protection to more than 300 homes has been agreed by Devon County Council’s Cabinet. Councillors yesterday approved the County Council’s Flood Risk Management Action Plan to target flood improvements in priority areas across Devon, the council said in its latest release. Councillor Stuart Hughes, Devon County Council […]

  • 7 March 2013
    Business & Finance

    In the recent past, the Martin County Taxpayers Association has attempted to outline the options to fund dredging of the St. Lucie Inlet. While time waits for no one, Martin County did proceed with the dredging project while government officials deliberated over jurisdiction and other related matters. Fortunately, the county was able to provide the […]

  • 7 March 2013
    Business & Finance, Equipment, Technology, Vessels

    According to al.com, BAE Systems Southeast Shipyard Alabama LLC in Mobile has held a keel-laying ceremony for the second of two dump scows being built for Great Lakes Dredge & Dock Co. Employees and executives from the company gathered at the foot of the 98 ton keel block as long-time shipyard employee Nick Elmes, an […]