Search results for: financial

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  • 5 June 2015
    Business & Finance

    An ongoing maintenance program consisting of both land-based and sea-based dredging methods is set to proceed for the Whakatane Harbor entrance, following approval by the District Council’s Projects and Services Committee. A report to the committee last week discussed the maintenance options investigated by Opus International Consultants, which assessed the feasibility of the available dredging methods. […]

  • 12 October 2015
    Business & Finance, Project & Tenders

    New Jersey State, County and local officials gathered last Friday, October 9th, at the Shark River Hills Marina to outline the journey and acknowledge the efforts that led to the award of a contract to dredge 102,000 cubic yards of sediment from the navigable channels of the Shark River. “Efforts to dredge the Shark River have […]

  • 19 February 2012

      The Ministry of Infrastructure and the Environment is expanding the Maasgeul to prevent waiting times for ships entering the port of Rotterdam. This navigation channel to the North Sea is the access route for sea-going ships that have a draft of more than 14.3 metres. More and more of these ships come to Rotterdam […]

  • 4 August 2015
    Business & Finance

    Great Lakes Dredge & Dock Corporation today reported financial results for the quarter ended June 30, 2015. For the quarter ended June 30, 2015, Great Lakes reported revenue of $238.9 million, net income of $2.7 million, and adjusted EBITDA of $33.4 million. During the second quarter, Great Lakes won $121 million, or 60%, of the […]

  • 17 May 2017
    Business & Finance, Vessels

    The Leland Michigan Chamber of Commerce said that a new cutter suction dredger, built by DSC Dredge for Leland Township Board, was put into the water for the first time on April 8. Fully functional with just one operator, the 68-foot-long Wolverine can reach dredging depths down to 25 feet below the surface and allows […]

  • 16 May 2011

    Industry giants have signed a Memorandum of Understanding with the Laguna Lake Development Authority (LLDA) on a project dubbed as “Adopt-a-River”, a priority venture under the River Rehabilitation Program of LLDA. The program is geared towards the rehabilitation, protection and conservation of the rivers within the Laguna de Bay region. Under the terms of agreement, […]

  • 1 May 2019
    Business & Finance

    Great Lakes Dredge & Dock Corporation (GLDD) has just reported financial results for the quarter ended March 31, 2019. Chief Executive Officer Lasse Petterson commented, “The first quarter of 2019 was an exceptional quarter driven by strong project performance, resulting in net income from continuing operations of $20.5 million and an adjusted EBITDA from continuing […]

  • 16 October 2014
    Business & Finance

    SC Ports Authority has achieved 13 percent year-over-year growth in container volume for the first quarter of the 2015 fiscal year. This was announced yesterday by SCPA president and CEO Jim Newsome who said that SCPA experienced fairly significant growth during the first quarter, and above-plan volumes are reflected in SCPA’s strong financial performance for […]

  • 12 February 2014
    Business & Finance, Equipment, Technology

    North East Business of the Year, Port of Tyne, achieved its highest cargo volumes for over 50 years in 2013, breaking its own records for cargo handling and passenger numbers. In total on the River Tyne 8.1 million tonnes of cargo was handled – the largest volume since 1965. This was a 22% increase on […]

  • 31 October 2013
    Business & Finance

    Colliers International Chief Economist and thought leader K.C. Conway highlighted the S.C. Ports Authority as an emerging dominant port in the East during a conference call focusing on bright spots and blind spots for the nation’s ports. Conway’s comments were discussed on a Stifel Financial Corporation conference call during which Conway emphasized that state support […]

  • 4 September 2013
    Business & Finance

    The newly constructed Oluvil commercial port and fisheries harbour together with the ice manufacturing plant constructed in the Eastern Province with aid from Denmark was vested in the public by President Mahinda Rajapaksa Sunday afternoon. Sri Lankan Government in its plans to give momentum to its economic development under the five hub concept had decided […]

  • 17 May 2012

    APM Terminals’ result was positively affected by volume growth in West Africa and after-tax divestment gains of USD 73m. The global container terminal market measured in TEU increased by 1.4% compared to Q1 2011. The number of containers handled by APM Terminals (measured in crane lifts weighted with APM Terminals’ ownership interest) increased by 10% […]

  • 2 August 2017
    Business & Finance, Project & Tenders

    Great Lakes Dredge & Dock Corporation (GLDD) today reported financial results for the quarter ended June 30, 2017. For the three months ended June 30, 2017, GLDD reported revenue of $176.9 million, net loss from continuing operations of $1.1 million and Adjusted EBITDA from continuing operations of $17.6 million. Chief Executive Officer Lasse Petterson commented, “Operationally, as […]

  • 15 January 2013
    Business & Finance

    Dozens of landowners were among a crowd of more than 200 people who attended a public meeting to learn more about a proposal to build a ring levee for the communities of Oxbow, Bakke and Hickson, ND. The U.S. Army Corps of Engineers and the Diversion Authority hosted the meeting on Tuesday, January 8 at […]

  • 6 February 2017
    Business & Finance, Equipment, Technology

    For the last couple of decades, the Russian dredging market has been growing at a fast pace. Although the global financial crisis has slowed the market’s development, demand for maritime infrastructure and energy-related projects continued to fuel the boom. One of the best examples of this development is Nonius Engineering Company. Being relatively young on the […]

  • 13 December 2012
    Business & Finance

    Minister for Ports Denis Napthine today announced three new appointments to the Port of Melbourne Corporation Board which is tasked to ensure the port can meet the future demands of increased trade. “The Port of Melbourne had a record year in 2011-12 with increases across all cargo types and overall throughput of 87 million revenue […]

  • 21 May 2013
    Business & Finance

    APM Terminals has announced its Q1 2013 financial results. HIGHLIGHTS • Profit of USD 166m (USD 226m). Gains of USD 73m after tax were included in 2012; • RQIC was 12.0% (20.1%); • Cash flow from operating activities was USD 242m (USD 185m); • Number of containers handled was 8.6m TEU (8.6m TEU); • A […]

  • 8 October 2017
    Business & Finance, Vessels

    Great Lakes Dredge & Dock Corporation (GLDD) has announced a number of developments since the company released its second quarter earnings report. According to Chief Executive Officer, Lasse Petterson, GLDD has performed extensive analysis regarding its portfolio composition and asset utilization. The goal of the analysis is to improve the company’s financial results in both domestic and […]

  • 2 August 2018
    Business & Finance

    Orion Group Holdings, Inc. has just reported net income of $2.2 million for the three months ended June 30, 2018. These results compare to net loss of $2.3 million for the same period a year ago. “We are pleased with our results for the second quarter,” said Mark Stauffer, Orion Group Holding’s President and Chief Executive Officer. “Our Marine segment performed […]

  • 30 November 2014
    Business & Finance

    Dunkerque-Port has produced its strategic plan for the 2014-2018 period. This major document sets out the main guidelines and the procedure for implementation of the Port’s development policy over 5 years, following on from the first strategic plan of 2009-2013 and its financial trajectory. It also prepares the future for longer-term projects. This strategic plan […]

  • 14 February 2012

    U.S. Sens. Frank R. Lautenberg (D-NJ) and Robert Menendez (D-NJ) and U.S. Rep. Bill Pascrell, Jr. (D-NJ), applauded President Barack Obama’s allocating $1 million to the U.S. Army Corps of Engineers for the Passaic River Reevaluation Study in his proposed national budget for Fiscal Year 2013. The proposed funding follows the lawmakers’ request to the […]

  • 22 March 2013

    Deltares and the Dutch consultancy and engineering firm Royal HaskoningDHV have revealed details of the Flood and Inundation Management Project for Ho Chi Minh City. The concept is that the city itself will be protected by dikes but controlled flooding will be permitted in outlying areas. In the first instance, a small ring-dike will be […]

  • 4 June 2014
    Research & Development

    Bechtel announced the results of the Research on the Passing Effects on Ships (ROPES) project, a groundbreaking joint-industry study to improve the safety of shipping ports. The results, unveiled at the PIANC World Congress in San Francisco, confirmed that in restricted waters, the wash from passing ships can exert large forces on moored vessels, mooring […]

  • 6 February 2014
    Business & Finance, Equipment, Technology

    The international consortium of leading infrastructure firms constructing the Panama Canal third set of locks expansion project continues to seek a solution for funding the completion of the project and completion of the works in 2015, even as the Autoridad del Canal de Panama (ACP) broke off negotiations, announced gupc.com.pa. The break in negotiations puts the […]

  • 5 May 2020
    Business & Finance

    Great Lakes Dredge & Dock Corporation (GLDD) today reported financial results for the quarter ended March 31, 2020. According to Lasse Petterson, Chief Executive Officer and President, the first quarter of 2020 was an exceptional quarter driven by strong project performance, resulting in net income from continuing operations of $34.0 million and adjusted EBITDA from […]

  • 15 March 2012

      Royal Boskalis Westminster N.V. achieved a record revenue of EUR 2.8 billion in 2011 (2010: EUR 2.7 billion). Net profit declined to EUR 254 million (2010: EUR 311 million), though it should be noted that the 2010 result included exceptional pre-tax gains of EUR 33.6 million. In spite of the decline in net profit […]