Search results for: growth

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  • 16 March 2015
    Business & Finance, Project & Tenders

    Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract from Compañía Insular Americana, S.A. to construct a second artificial island off the coast of Punta Pacifica in Panama City. This project follows the successful construction of the first island by Boskalis, which was handed over to the client in early 2013. With a contract value […]

  • 16 March 2015
    Business & Finance

    Royal HaskoningDHV, an independent, international engineering and project management consultancy, has achieved a net result of €6.3 million for 2014, a significant improvement compared to a €3.4 million net loss in 2013. The company’s goal of profitability before growth has been achieved through a strong focus on developing and maintaining leading market positions in a […]

  • 13 March 2015
    Business & Finance, Equipment, Technology

    Thanks to a series of significant investments and a commitment to making a positive impact to the economy of the Liverpool City Region, Peel Ports Group scooped the top prize at the Mersey Maritime Awards. The company beat off competition from Cammell Laird and Seatruck Ferries to take home the Business of the Year award, […]

  • 13 March 2015
    Business & Finance

    The Ports of Normandy Authority (PNA) has officially launched large-scale extension works of the port of Cherbourg’s main roadstead, which will be a milestone in the history of the port’s development. The quality and consistency of the project, together with its long-term effects on local growth and employment, have convinced the French government, the European Union (EU) and […]

  • 13 March 2015
    Business & Finance, Equipment, Technology

    U.S. Congressman John Katko (NY-24) has announced that the U.S. Army Corps of Engineers will provide funding for vital dredging at the Port of Oswego. The recently allocated funds will allow the harbor of the Port of Oswego to be sufficiently dredged to its functional channel depths. “As the only deep water port on the U.S. […]

  • 13 March 2015
    Business & Finance, Equipment, Technology

    Port Metro Vancouver, the federal Department of Fisheries and Oceans, the B.C. Ministry of Transportation and Infrastructure, the Corporation of Delta, and the City of Richmond together celebrate the milestone of a $10-million collaboration to dredge the lower Fraser River in Ladner Harbor, Deas Slough, Sea Reach and Cannery Channel. Dredging involves the careful removal […]

  • 12 March 2015
    Business & Finance, Equipment, Technology

    Royal Boskalis Westminster N.V. (Boskalis) achieved net profit of EUR 490 million in 2014 (2013: EUR 366 million). Revenue rose by 1 per cent to EUR 3.2 billion (2013: EUR 3.1 billion). EBITDA rose by 25 per cent to EUR 946 million (2013: EUR 757 million) and the operating result (EBIT) was up 41 per cent at EUR 652 million (2013: EUR 463 million). Across the board, 2014 […]

  • 12 March 2015
    Business & Finance

    WeSubsea, the global ROV and diver dredging company, has appointed Jason Wilson as the new UK managing director. With more than ten years’ experience in the dredging and well abandonment field, Jason is bringing a vast wealth of knowledge to the company, reported WeSubsea in a release. Jason will take on the operational and strategic responsibility for […]

  • 11 March 2015
    Business & Finance

    Envirosystems yesterday announced the appointment of Eugene A. Cookson Jr. as a director to Envirosystems’ Board of Directors. Cookson’s appointment as an independent director is effective immediately. Mike Ryan, Envirosystems Chief Executive Officer said: “His extensive experience in environmental services and the growth and management of multiple location service businesses will complement and strengthen our […]

  • 10 March 2015
    Business & Finance, Equipment, Technology, Vessels

    U.S. Treasury Secretary Jacob J. Lew, joined by Maryland Senator Ben Cardin, yesterday visited Ellicott Dredges, a South Baltimore manufacturer of dredging equipment. The Cabinet secretary toured the company that has designed and made more than 2,500 dredges for customers in more than 80 countries for functions such as harbor and navigation maintenance, river and channel […]

  • 9 March 2015
    Business & Finance, Project & Tenders

    Reconstruction of the first 57 meter section of the Lyttelton Port of Christchurch (LPC) Cashin Quay 2 wharf has been completed, providing a second container vessel berth at the wharf for the first time since the February 2011 earthquake. The rebuilding of Cashin Quay 2, following earthquake damage, is being delivered in stages. By late April the new wharf […]

  • 7 March 2015
    Business & Finance

    The 3rd Annual South-East Asia Port Expansion Summit will take place on March 25-26, 2015, in Jakarta, Indonesia.  At this summit terminal operators, port owners and authorities, government officials, shipping lines and infrastructure experts will discuss how to sustain healthy growth in the sector as well as assure efficient operations inside the ports, and henceforth […]

  • 5 March 2015
    Business & Finance

    At the initiative of the European Community Shipowners’ Associations (ECSA), shipowners and shipping industry leaders have joined forces to launch the inaugural European Shipping Week (ESW) in the first week of March 2015. Centered around a Flagship conference, Europe’s main shipping organisations as well as the European Commission are organizing a series of high level events to […]

  • 5 March 2015
    Business & Finance

    As part of a review process by the Washington State Department of Ecology, the public is encouraged to review and comment on the city of Puyallup’s updated Shoreline Master Plan. The updated proposal, approved by the Puyallup City Council in November 2014, replaces the city’s 1987 shoreline master program. It addresses uses and development along […]

  • 5 March 2015
    Business & Finance, Equipment, Technology

    Deepening the Savannah harbor can begin following the award of a $134.5 million contract to Great Lakes Dredge and Dock Company of Oak Brook, Illinois, by the Savannah District, U.S. Army Corps of Engineers. The contract covers deepening of the outer harbor, from approximately Fort Pulaski for 18.5 miles into the Atlantic Ocean. Dredging the […]

  • 27 February 2015
    Business & Finance

    TorQuest Partners announced yesterday that it has partnered with management and other co-investors to acquire a majority interest in Envirosystems Inc. from Thornridge Holdings Limited, a privately held investment firm. Headquartered in Dartmouth, Nova Scotia, Envirosystems is one of the fastest growing industrial services organizations in North America with over 1,000 employees in more than […]

  • 26 February 2015
    Business & Finance, Equipment, Technology

    Orion Marine Group, Inc., a heavy civil marine contractor, today reported net income for the three months ended December 31, 2014, of $5.3 million ($0.19 diluted earnings per share). For the full year 2014, Orion Marine Group reported net income of $6.9 million ($0.25 diluted earnings per share), which compares to the prior full year […]

  • 26 February 2015
    Business & Finance

    Lyttelton Port of Christchurch (LPC) achieved a significant increase in trade for the six months ended 31 December 2014 with container volumes up 3%, driven by strong import growth of 9%. LPC Chief Executive Peter Davie said that the Port continues to have volume growth ahead of expectation. “While full export volumes have declined slightly, […]

  • 25 February 2015
    Business & Finance

    The Port of Philadelphia has reported a 16 percent in cargo in 2014, marking the fifth consecutive year of double-digit cargo growth along the city’s Delaware River waterfront.  Final cargo figures for 2014, compiled by the Philadelphia Regional Port Authority (PRPA), reveal that 5,950,319 metric tons of cargo were handed at the Port of Philadelphia’s […]

  • 23 February 2015
    Business & Finance

    The Coasts and Marine Structures conference will take place from 23-25 March, 2015, at Pullman Brisbane King George Square, Brisbane, Queensland, Australia. Times are changing for the Coast and Marine industry and over the last 15 years the mining construction boom has allowed the industry to expand rapidly and enjoy record-breaking demands for increased services. But […]

  • 19 February 2015
    Business & Finance

    Vice President Joe Biden and Secretary of Transportation Anthony Foxx yesterday visited the Wando Welch Terminal to discuss the facility’s upcoming wharf improvement project, which received a 10.8 million dollar Transportation Infrastructure Generating Economic Recovery (TIGER) grant in September. “The future is a choice, and Charleston will seize the opportunities the future holds by preparing […]

  • 19 February 2015
    Business & Finance, Equipment, Technology

    Port of Tauranga has reported continued consolidation of national freight traffic across its wharves, reinforcing its position as New Zealand’s pre-eminent freight gateway. In the six months to 31 December 2014, Port of Tauranga handled 426,512 TEUs (up 11.9% on the prior year), while total cargo volumes increased 1.2% to 10 million tonnes. Meanwhile, trans-shipped […]

  • 13 February 2015
    Business & Finance, Project & Tenders

    Work continues on the final phase of the U.S. Army Corps of Engineers, Charleston District’s $30 million Folly Beach Renourishment project. Much of the fence has been rolled out and attached to the posts that were put in the ground a couple of weeks ago. The fence’s design will trap wind-blown sand to form dunes […]

  • 13 February 2015
    Business & Finance

    U.S. Sen. Sherrod Brown (D-OH) yesterday announced the introduction of the Great Lakes Ecological and Economic Protection Act (GLEEPA), bipartisan legislation aimed at preserving the Great Lakes and bolstering economic growth throughout the Great Lakes region. GLEEPA would protect the Great Lakes – and the millions of jobs they support – from a variety of […]

  • 13 February 2015
    Business & Finance

    Moffatt & Nichol, an infrastructure advisor specializing in the planning and design of facilities that shape the coastlines, harbors and rivers, has named a new Coasts, Water and the Environment Practice Leader and new supporting leadership roles. The firm elected Senior Coastal Engineer Jeffrey G. Shelden, PE, to serve as overall Practice Leader. Mr. Shelden […]

  • 10 February 2015
    Business & Finance, Equipment, Technology

    DP World London Gateway has announced plans to move forward with a third berth at the UK’s new deep-sea hub port, located 25 miles from central London. The Secretary of State for Transport, Patrick McLoughlin MP, visited the state-of-the-art port with local MPs. He climbed one of the world’s tallest quay cranes to view the […]