Search results for: financial

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  • 22 January 2014
    Business & Finance, Equipment, Technology

    CFE has announced that they are expecting that certain companies in the construction and the multitechnics division have incurred further losses. The losses incurred during the second half year will be higher than those recorded during the first half year. Specific difficulties encountered by some entities of the multitechnics division will furthermore lead to an additional goodwill impairment. […]

  • 14 March 2014

    Governor Andrew M. Cuomo announced New York State has allocated $23 million in federal funds to begin the beach stabilization and infrastructure protection project at Robert Moses State Park in Suffolk County, Long Island. The program will nourish park beaches and strengthen the shoreline buffers protecting the Robert Moses traffic circle and Ocean Parkway from […]

  • 16 November 2012
    Business & Finance

    Mercator Limited announced its un-audited financial results for the half year ended September 30, 2012. The total consolidated income for the H1FY13 was Rs. 1917 Cr. against Rs. 1580 Cr. during H1FY12 recording an increase of 21% on YOY basis. The Operating Profit (PBIDT) at Rs. 358 cr increased by 18% compared to Rs. 304 […]

  • 20 August 2015
    Business & Finance

    Royal Boskalis Westminster N.V. (Boskalis) realized a net profit of €306.5 million in the first half of 2015, a rise of 21% (H1 2014: €253.0 million). Revenue in the first half of the year rose 1.6% to €1.57 billion (H1 2014: €1.55 billion). Adjusted for (de)consolidation and currency translation effects, revenue was stable. EBITDA in the first […]

  • 14 August 2012
    Business & Finance

    Mercator Limited announced its un-audited financial results for the quarter ended June 30, 2012. The total consolidated income for the Q1FY13 was Rs. 1095 Cr. against Rs. 799 Cr. during Q1FY12 recording an increase of 37% on YOY basis. The operating profit (PBIDT) at Rs. 182 Cr increased by 18% compared to Rs. 154 Cr […]

  • 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% […]

  • 18 August 2010

    Terminals operator DP World has announced encouraging financial results for the first six months of 2010, with revenue up five percent to… (bairdmaritime) [mappress] Source: bairdmaritime, August 18, 2010

  • 22 February 2013
    Business & Finance

    Funding of €7.4 million for urgent remedial works at six regional harbours has been announced by Minister for Transport, Tourism & Sport Leo Varadkar. The funding will pay for repairs and safety works on essential harbour infrastructure, and is likely to benefit the local economy, promote leisure activities and support the fishing industry. “This funding […]

  • 13 August 2013
    Business & Finance

    Pingtan Marine Enterprise Ltd.,an integrated marine services company in the People’s Republic of China (PRC), announced its unaudited financial results for the second quarter and first six months of 2013. Pingtan’s Board of Directors received an offer from its Chairman and CEO, Mr. Xinrong Zhuo, to acquire the assets of China Dredging Group, or CDGC, […]

  • 25 August 2010
    Business & Finance

    The board of the SMIT Pension fund Foundation (Stichting Pensioenfonds SMIT) has recently been informed by the Dutch Central Bank (De Nederlandse Bank) that it needs to take accelerated measures to improve its financial position. The SMIT Pension fund informed her members this week on the current state of affairs. Boskalis was already aware of […]

  • 25 November 2011

      Chilean logistics firm SAAM aims to invest some US$23mn in a multi-use public terminal at Mexico’s Mazatlán port in west coast state Sinaloa… By Juan Andres Abarca (bnamericas) [mappress] Source: bnamericas, November 25, 2011;

  • 12 September 2012

    The Port of Rotterdam Authority expects to invest tens of millions of euros in the port of Dordrecht in the coming years. Important parts of the revitalisation are the improvement of nautical access, especially the draught, the construction of new jetties for inland shipping and a filling in to create more terminal surface area. This […]

  • 8 August 2014
    Business & Finance, Equipment, Technology

    Energy Minister Fergus Ewing has announced a £4 million grant from Highlands and Islands Enterprise (HIE) for the development of a new deepwater quayside at the Port of Cromarty Firth – bringing the total redevelopment project to £25 million. The 35 acre Invergordon Service Base, operated by the Port of Cromarty Firth, has been close […]

  • 30 May 2018
    Business & Finance, Project & Tenders

    The contract for the design, build, finance and maintenance of the Afsluitdijk project in the Netherlands has reached financial close successfully yesterday afternoon (29 May 2018), reports BAM. The European Investment Bank is providing EUR 330 million in support of the rehabilitation and modernization of the Afsluitdijk dam, running between the provinces of Noord-Holland and […]

  • 25 September 2012

    The Cabinet Committee on Infrastructure approved the proposal of delegation of enhanced financial powers to the Ministry of Shipping for Port Projects in the Public and Private Partnership mode in line with NHDP projects in the roads sector. Henceforth for projects costing more than Rs. 500 crore, approval of the Cabinet Committee on Infrastructure is […]

  • 1 June 2011

    Thanks to a dual effort at the state and federal levels, funds are now available to complete the Sand Key beach nourishment project as…   By BOB McCLURE (tbnweekly) [mappress] Source: tbnweekly, June 1, 2011  

  • 15 March 2013
    Business & Finance

    Hagens Berman Sobol Shapiro LLP, a national investor-rights law firm with an office in Chicago, IL, announced it is investigating Great Lakes Dredge & Dock Corp. following the resignation of the company’s Chief Operating Officer and President Bruce J. Biemeck, a restatement of the company’s financial statements and a subsequent 30 percent drop in the […]

  • 3 January 2012

    The Union Ministry of Shipping is looking into the possibilities of providing financial aid to the Cochin Port Trust (CPT) which is reeling…   (ibnlive) [mappress] Source: ibnlive, January 3, 2012;

  • 8 September 2010

    The Honourable Gail Shea, Minister of Fisheries and Oceans, today announced that four harbours in the Malpeque region will benefit from funding from the Government of Canada’s recent investment in small craft harbours across Prince Edward Island. A slipway construction project is planned for the small craft harbour in North Rustico, while planning work is […]

  • 12 April 2013
    Business & Finance

    Six months into his first year with Port Freeport, Executive Port Director/CEO Glenn Carlson received some very good news: Port Freeport’s financial results continue to meet or exceed our financial plan for fiscal year 2013. “We have not only retained our “A” credit rating, but have posted strong financial results from Port operations. For example, […]

  • 30 December 2013
    Business & Finance, Equipment, Technology

    Chatham Rock Phosphate has appointed London corporate finance advisers Wimmer Financial to manage an international capital raising over coming weeks. The financing, by private placement, is likely to be determined by a book build process managed in conjunction with Wimmer Financial. The offering, for qualified investors, is likely to be the final capital raising required […]

  • 14 May 2013
    Business & Finance

    The Law Offices of Todd M. Garber announced that shareholders of Great Lakes Dredge & Dock Corporation have until May 20, 2013 to move for lead plaintiff status in the shareholder lawsuit filed in the United States District Court for the Northern District of Illinois. The lawsuit was filed on behalf of a class comprising […]

  • 9 April 2013
    Business & Finance

    Hagens Berman Sobol Shapiro LLP reminded investors of an upcoming May 20, 2013 deadline in the investor class-action lawsuit filed against Great Lakes Dredge & Dock Corp. GLDD announced a restatement of financial results on March 14, 2013, impacting both the second and third financial quarters of 2012. The company noted that, “Certain pending change […]

  • 13 August 2014
    Business & Finance, Equipment, Technology

    Transport Secretary Patrick McLoughlin has today announced a £10 million package to improve sea links between Scilly and Cornwall and upgrade roads on St Mary’s. The Minister is visiting the islands today. This new funding involves £7.3 million towards the £12.8 million scheme to improve harbor infrastructure at both St Mary’s and Penzance and £1.8 million […]

  • 11 August 2014
    Business & Finance, Equipment, Technology

    The Honourable John Duncan, Minister of State and Member of Parliament for Vancouver Island North, on behalf of the Honourable Gail Shea, Minister of Fisheries and Oceans, has announced an investment of $2.5 million to support improvement projects at three small craft harbors in British Columbia. Major projects being funded include: – Construction and installation […]

  • 29 November 2013
    Business & Finance

    The Union Cabinet approved the proposal for extension of financial assistance to Kolkata Port Trust (KoPT) to meet the dredging expenditure incurred by KoPT for maintenance of the river/channel. This will make transactions through the port commercially viable for the port users. The scheme of financial assistance to KoPT towards dredging will be continued for […]