Search results for: growth

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  • 2 June 2015
    Business & Finance

    Governor Andrew M. Cuomo yesterday announced that more than $181 million in economic development funding has been approved for 24 projects that are spurring growth and opportunity in nine regions of the New York State. The funding, approved by Empire State Development’s Board of Directors, supports projects that are creating 1,524 new jobs and retaining […]

  • 28 May 2015
    Business & Finance

    Cowes Harbor Commission’s Annual Public Meeting, held recently, saw very good attendance at the Island Sailing Club in Cowes with over 70 people turning out to listen to the Harbor Master, Capt. Stuart McIntosh’s presentation of CHC’s Annual Report and key development projects taking place in Cowes Harbor during 2015. Capt. Stuart McIntosh delivered a […]

  • 25 May 2015
    Business & Finance, Equipment, Technology

    With the shoreline of the Cromarty Firth literally changing shape, communities around Invergordon will have an opportunity to see the progress on the port reclamation project, due to be completed in August 2015. A public exhibition will be held by the Port of Cromarty Firth to showcase the major enhancements to their current facilities at […]

  • 25 May 2015
    Business & Finance

    A donor conference, aimed to raise money needed for the improvements of Mombasa Port, was held last Friday, May 22nd, in Mombasa with JICA, Development Bank of South Africa, AfDB, DFID, the World Bank, the EU Delegation to Kenya and USAID taking the part. The conference, organized by TradeMark East Africa (TMEA) together with the Government of Kenya and the National Treasury, showed highest priority […]

  • 22 May 2015
    Business & Finance

    Senator Patty Murray will on Tuesday, May 26th, join officials from the U.S. Army Corps of Engineers (USACE) and the Port of Grays Harbor to celebrate the signing of the Project Partnership Agreement for the Grays Harbor Channel Deepening project. The agreement will allow the Army Corps to move forward with plans to deepen the Grays Harbor […]

  • 22 May 2015
    Business & Finance, Project & Tenders

    CCCC Guangzhou Dredging has won the bid for the Phase 2 of the channel dredging project in Tieshan zone, Beihai Port, Guangxi. The contract, worth approx $117.8 million, includes total dredging volume of 24 million cubic meters and a construction period of 9 months. With a full length of some 18.7 kilometers and designed effective width […]

  • 20 May 2015
    Business & Finance, Equipment, Technology

    Infor, the industry cloud company, today announced that Boskalis, a provider of dredging and maritime solutions, has selected Infor CloudSuite™, a fully integrated, cloud-based solution suite delivering leading-edge core ERP, integration, social, and analytic capabilities. Boskalis has transitioned over the last years from a dredging company to an integrated maritime service provider. Infor CloudSuite will […]

  • 20 May 2015
    Business & Finance

    Port Otago will become the first port in New Zealand to deepen its shipping channel for the next generation of container shipping as part of a $30 million upgrade over the next two years. The infrastructural works program, ‘Next Generation Port Otago’ will allow larger ships to access Port Chalmers while bolstering the port’s services […]

  • 18 May 2015
    Business & Finance, Equipment, Technology

    The Georgia Ports Authority board has approved $141.8 million in capital improvements with passage of its fiscal year 2016 budget. To upgrade existing assets, the board allocated $33.4 million to improve power infrastructure for cranes, paving, increased rail capacity and other terminal improvements at the ports of Savannah and Brunswick. Another $83.4 million will go […]

  • 17 May 2015
    Business & Finance, Project & Tenders

    Janusz Piechocinski, Deputy Prime Minister of Poland, has officially inaugurated the construction of the second deep-water berth in DCT Gdansk (T2). The T2 groundbreaking ceremony took place on Friday, 15th of May, 2015. The inauguration of the construction works was preceded by the round table discussion, which was a good opportunity to raise awareness of Australia’s […]

  • 14 May 2015
    Business & Finance

    Cairns Regional Council will formally request that a final decision on the dredging of Trinity Inlet be deferred in its submission in response to the Cairns Shipping Development Project Environmental Impact Statement. The submission to the Coordinator General recommends that the project be further assessed to determine whether:   the project is supported by the […]

  • 12 May 2015
    Business & Finance

    International dredging conference, Dredge India 2015, will take place on 11 June, 2015 in Trident Hotel, BKC, Mumbai. This event, focusing sharply on emerging opportunities and constraints, will bring together port and inland waterway owners, dredging contractors, equipment suppliers and consultants, dredger designers and builders on a mutually beneficial meeting ground. “This is a time for growth. Depths need to be […]

  • 12 May 2015
    Business & Finance, Project & Tenders

    Taiwan International Ports Corporation (TIPC) is continuing the growth and expansion trend with another major construction contract being awarded last month. In April, TIPC awarded $130 million contract for the land reclamation and reinforcement works at Kaohsiung’s Wharves S4 and S5, coming one step closer to the goal of becoming a major container hub in the region. The contract, […]

  • 7 May 2015
    Business & Finance

    The International Association of Dredging Companies (IADC) is getting ready for the Seminar on Dredging and Reclamation that will be held from June 22-26th at UNESCO-IHE, Delft, the Netherlands. The Seminar has been a best-seller for almost 25 years. More than a 1000 participants can testify to the in-depth learning experience of the week-long course presented by experienced […]

  • 6 May 2015
    Business & Finance

    The Sabine-Neches Navigation District legislation, authored by Senator Brandon Creighton, has passed both chambers of the Texas Legislature and will now be sent to the Governor Greg Abbott for signature. Senate Bill 1137 clarifies existing state statutes and authorizes the District to enter into contracts and agreements necessary to deepen the Sabine-Neches Waterway. “This legislation […]

  • 6 May 2015
    Business & Finance

    The new $85 million Berth 8 facility at the Port of Townsville is now open for business. According to Treasurer Curtis Pitt, the new facility is an important piece of infrastructure that will bring widespread economic benefits to North Queensland. “It’s another sign that Queensland is open for business and of the State Government’s willingness to engage with industry […]

  • 4 May 2015
    Business & Finance

    Not proceeding with the full expansion plans for the Ports of Auckland jeopardizes the fast-growing cruise sector, and will cost Auckland and New Zealand’s economy millions of dollars, according to Cruise New Zealand. The decision means the brand new Ovation of the Seas will not be able to visit Auckland as planned next year. The Ovation’s maiden […]

  • 1 May 2015
    Business & Finance

    Orion Marine Group, Inc. (ORN), a heavy civil marine contractor, has reported net loss for the three months ended March 31, 2015, of $258 thousand ($0.01 diluted loss per share). These results compare to a net loss of $210 thousand for the same period a year ago. During the first quarter 2015, ORN elected to accelerate the […]

  • 1 May 2015
    Business & Finance

    The Korean Government has announced plans to add further 15 berths to its flagship Busan New Port which will increase container capacity by 15.8 million TEU. The new facilities in the south of the country will be a mix of container terminals, feeder terminals and multi-purpose terminals and work will begin in stages based on actual […]

  • 30 April 2015
    Business & Finance

    New Zealand First is taking action to stop any further commercial expansion of Auckland’s port. “With massive opposition in Auckland we have moved quickly with a Bill to freeze the size of the port and push any future growth to other ports,” said New Zealand First Leader and Member for Northland Rt Hon Winston Peters. […]

  • 30 April 2015
    Business & Finance, Equipment, Technology

    PortMiami experienced double-digit container volume growth in March; as well as a 12 percent year to date increase for the first six months of FY 2015. In March PortMiami recorded approximately 84,000 TEUs, compared to the 73,000 TEUs moved during the same period last year, and for the first six months 477,400 TEUs compared to […]

  • 24 April 2015
    Business & Finance, Equipment, Technology, Vessels

    Van Oord, a Dutch contracting company that specializes in dredging and land reclamation, has just published its annual report 2014. The annual report 2014 looks back on an exceptional year, according to CEO Pieter Van Oord: “The year was special because for the first time in our history, our turnover broke the two billion euro […]

  • 23 April 2015
    Business & Finance, Equipment, Technology

    Weeks Marine, Inc., Houma, LA, has announced the completion of two major investments that will increase the competitiveness and efficiency of the company’s dredging, sediment slurry pumping and placement capability in Coastal Louisiana and around the USA. Both cutter suction dredge EW Ellefsen and the Weeks 320 Unloader, a hopper barge unloader that pumps material from […]

  • 22 April 2015
    Business & Finance

    U.S. Senator David Vitter led 18 Senators in a bipartisan letter urging the Senate Appropriations Committee leadership to set the funding levels for harbor maintenance at the levels authorized in the Water Resources Reform and Development Act (WRRDA). “We need to make investments where there will be the greatest impact – and that means ports […]

  • 17 April 2015
    Business & Finance

    The 5th International Conference on Estuaries and Coasts (ICEC), organized by Sultan Qaboos University, will take place on November 2-4, 2015 in Muscat, Sultanate of Oman. The Middle East region is going through an era of rapid coastal development which may be attributed to the strategic location of this region. Usually such developments bring economic […]

  • 16 April 2015
    Business & Finance

    The Coasts & Ports 2015 Conference will be held in Auckland, New Zealand from 15-18 September 2015. The Coasts and Ports Conference series is the pre-eminent forum in the Australasian region for professionals to meet and discuss issues extending across all disciplines relating to coasts and ports. Coasts & Ports 2015 will bring together engineers, […]