Search results for: financial

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  • 31 October 2012
    Business & Finance

    Fitch Ratings and Moody’s Investor Service both upgraded Port Manatee’s financial ratings in October as part of major debt restructuring by the port. Fitch assigned a AA+ rating to the new bonds and Moody’s scored the bonds at a Aa2 rating – ranking among the highest of Florida’s 15 deepwater seaports. The ratings reflect confidence […]

  • 7 November 2014
    Business & Finance

    Moody’s Investors Service reaffirmed an A1 rating for the SC Port’s Authority’s outstanding debt, citing a strong economy and deep-water harbor as key drivers of the SCPA’s stable financial outlook. In a report released yesterday, Moody’s referenced SCPA’s current harbor depth as a competitive advantage that will be significantly enhanced by the end of the […]

  • 21 February 2012

    The Port of Sept-Îles has announced  the financial support of the federal government for the construction of the multi-user dock in the Bay of Sept-Îles with a maximum contribution of $55 million, which is 25% of the project costs. The announcement was made in the presence of the Honorable Denis Lebel, Minister of Transport, Infrastructure […]

  • 23 June 2016
    Business & Finance

    The Center for Coastal Resources Management (CCRM) has just announced that the Living Shoreline funding assistance applications are now being accepted. The Department of Environmental Quality (DEQ) recently announced the FY 2017 annual solicitation of applications for financial assistance through the Virginia Clean Water Revolving Loan Fund (VCWRLF). This year for the first time governments can […]

  • 26 January 2010
    Project & Tenders

    With private players deliberating on investing in infrastructure projects in the aftermath of the global slowdown, nearly half of the projects for capacity expansion at ports, scheduled for awarding this year, are likely to spill over into the coming financial year (2010-11)… [mappress] Source: Business Standard, January 27, 2010

  • 31 December 2009

    The effects of the economic meltdown and near collapse of the financial markets of late 2008 and early 2009 manifested themselves at the Jacksonville Port Authority (Jaxport) in a reduction of cargo volumes beginning in January of 2009… Source:jaxdailyrecord,December 30,2009; [mappress]

  • 11 February 2016
    Business & Finance

    Jan De Nul has just announced that Sas van Vreeswijk (SPC) achieved financial close of the PPS project ‘Construction 3rd lock chamber Princess Beatrix Lock and widening Lek Canal’. Sas van Vreeswijk consists of TDP NV (in partnership with investment companies TINC and DG Infra Yield), BESIX Group NV, RebelValley B.V., Heijmans Nederland B.V. and […]

  • 12 May 2010

    Gopalpur Ports Limited (GPL), a special purpose vehicle developing Gopalpur into an all-weather port, has achieved financial closure for the… [mappress] Source: business-standard, May 12, 2010;

  • 29 April 2011

    The Martinez Marina is in hot water, financially speaking, and some Martinez officials are ready to close it down and let it return to…   By Jim Caroompas (martinez) [mappress] Source: martinez, April 29, 2011    

  • 3 June 2018
    Business & Finance, Project & Tenders

    Dredging Today brings you an overview of the most popular stories from the past week (May 28 – June 3, 2018).   Rewa River Dredging Program Kicks Off A $670,000 dredging program started last week on the Rewa River to ensure the quick discharge of upstream water in the river and to minimize spillover water […]

  • 28 October 2010
    Business & Finance

    Further to earlier reports concerning the financial position of the SMIT pension fund, Boskalis announces that the board of the SMIT Pension fund Foundation (Stichting Pensioenfonds SMIT) has informed the Board of Directors of SMIT that it intends to reduce the pension entitlements by 13.2% from 1 January 2011 in order to strengthen the fund’s […]

  • 24 March 2014
    Business & Finance

    Port Development Forum (March 25-26, 2014, Shanghai, China) will be hosted by Dalian Maritime University Shipping & Port Research Institution. Over 150 delegates from ports authorities and operators, famous shipping liners, hi-tech providers, port designers and engineers, financial institutions, equipment vendors, construction contractors and relevant vendors will be invited to join this conference. Background The […]

  • 18 March 2013
    Business & Finance

    Law Offices of Howard G. Smith announces that it is investigating potential claims against Great Lakes Dredge & Dock Corporation concerning possible violations of federal securities laws. The investigation focuses on allegations that certain statements issued by Great Lakes regarding the Company’s operations and financial performance were false and misleading. Great Lakes engages in the […]

  • 10 November 2011

    Barcelona port authority is seeking financial compensation of €97m ($134m) from three construction companies involved in the El Prat… (portstrategy) [mappress] Source: portstrategy, November 10, 2011;

  • 17 November 2016
    Business & Finance

    Central Dredging Association (CEDA) will hold its next webinar – An overview of slurry transport models – on Tuesday, November 22nd 2016. The webinar is the 5th webinar in the CEDA Series of Webinars on Dredging Technology. This Practitioner level webinar is meant for professionals working in the field of dredging or adjacent to it with no formal […]

  • 16 February 2010
    Equipment, Technology, Vessels

    The Japanese financial assistance will be used for buying a medium-size dredger along with dumping barges, repair/up gradation of navigation aids and extension and repair of the breakwater. [mappress] Source: Dawn, February 16, 2010;

  • 25 June 2020
    Business development

    South Carolina Ports Authority said in its latest release that their long-term planning for infrastructure and business has prepared the port to thrive for years to come as it pushes through current economic challenges. “We are in the final year of a six-year capital improvement plan,” S.C. Ports Authority President and CEO Jim Newsome said. […]

  • 14 March 2013
    Business & Finance

    Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States and a major provider of commercial and industrial demolition and remediation services, today reported financial results for the quarter and year ended December 31, 2012. For the three months ended December 31, 2012, Great Lakes reported Revenue of $207.1 […]

  • 26 June 2014
    Business & Finance, Equipment, Technology

    The National Bank of Belgium (NBB) has published an annual update of the study on the economic importance of the Flemish maritime ports – Antwerp, Ghent, Ostend and Zeebrugge -, the Liège port complex and the port of Brussels. The contribution of each port to the national economy is estimated on the basis of the […]

  • 12 August 2016
    Business & Finance, Equipment, Technology

    Dredging Corporation of India (DCI) Ltd. has signed a Memorandum of Understanding with the Government of India for the financial year 2016-17. The paper was signed by Shri Rajive Kumar, the Ministry of Shipping Secretary and Shri Rajesh Tripathi, Chairman and Managing Director of Dredging Corporation of India, in New Delhi. The MoU broadly consists of the performance […]

  • 30 July 2012

    Many dredgers belonging to the Dredging Corporation of India (DCI) are non-operational, reports thehindubusinessline.com. The DCI is also unable to recover payments from clients such as Sethusamudram Corporation Ltd, Kolkata Port and others. The recognised union made the allegation in a petition submitted to the Parliamentary Committee on Assurances which visited the DCI as part […]

  • 22 April 2010

    State officials are proposing the financially troubled Port of Richmond become part of the Virginia Port Authority, a move that could significantly reduce freight traffic on highways and save millions in road construction along Interstate 64… [mappress] Source:styleweekly,April 22,2010;

  • 14 December 2009

    Marg Karaikal Port, a wholly-owned subsidiary of Chennai-based infrastructure company Marg, may go for initial public offering (IPO) in the next financial year to meet its sales and operational requirements… Source: MyDigitalFC, December 13, 2009

  • 29 November 2009
    Project & Tenders

    China Merchant Holdings has virtually by-passed its local partner the Aitken Spence for the first terminal of the new Colombo South Harbour and has unilaterally enhanced its financial bid all round in recent days… Source: The Nation, November 29, 2009

  • 10 April 2013
    Business & Finance

    Lieff Cabraser Heimann & Bernstein, LLP reminds investors of the May 20, 2013 deadline to move for appointment as lead plaintiff in the securities class litigation brought on behalf of purchasers of the securities of Great Lakes Dredge & Dock Corporation between August 7, 2012 and March 14, 2013, inclusive. Located in Oak Brook, Illinois, […]

  • 27 September 2012

    According to dnews.com, the county and beach town officials are planning to discuss financing options for beach renourishment this week. This meeting between the Onslow County Board of Commissioners and the North Topsail Beach Board of Aldermen is set for 11 a.m. at the Town of North Topsail Beach Town Hall, 2008 Loggerhead Court. Dnews.com […]