Search results for: growth

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A list of search results

  • 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 […]

  • 10 February 2015
    Business & Finance

    The Port of Hamburg is the German economy’s Gateway to the World. Along with the other German seaports, it plays an essential role for seaborne foreign trade as an interface between land and sea transport. Its excellent accessibility by water and overland is crucial for the operation of worldwide transport chains. Consequently the Port of […]

  • 9 February 2015
    Business & Finance, Research & Development

    As one of the world’s most densely populated capitals, Manila struggles with insufficient transport infrastructure. This can slow down economic growth and hinder economic potential. A large-scale transport plan for Manila Bay will help solve the problem by interconnecting air- and seaport facilities. With a GDP growth of 7% per year, the Philippines is among […]

  • 9 February 2015
    Business & Finance, Project & Tenders

    The final phase of the U.S. Army Corps of Engineers, Charleston District’s $30 million Folly Beach Renourishment project is underway. “We fence and grass along the existing dune line to capture the recently placed sand,” said David Warren, project manager. “This concept has proven to be very effective in the past and new dunes up […]

  • 9 February 2015
    Business & Finance

    The 5th Edition of the Leading and Definitive International Maritime Expo in Vietnam and Indochina, INMEX Vietnam, will take place from 18-20 March 2015, at Tan Binh Exhibition and Convention Centre (TBECC) in Ho Chi Minh City. This conference (formerly known as Maritime Vietnam) is the most comprehensive international business platform encompassing all aspects of ship building, ship repairs, shipping, […]

  • 6 February 2015
    Business & Finance

    The U.S. Army Corps of Engineers, Galveston District will receive new feasibility funding for the Houston Ship Channel and Coastal Texas studies; continued funding for the Sabine Pass to Galveston Bay study, as well as continued Operation and Maintenance funding for the Texas waterways in the president’s fiscal year 2016 budget. “The district’s programs are […]

  • 4 February 2015
    Business & Finance, Project & Tenders

    The U.S. Senator Chris Coons has announced that the Delaware River deepening project will be funded through end of 2016. President Obama’s budget proposal for the coming fiscal year reflects progress on a number of priorities of Senator Coons, including the Delaware dredging. “The federal budget is a reflection of our nation’s values and priorities, and what’s clear […]

  • 3 February 2015
    Business & Finance

    The Port of Gdansk once again played host to the delegation of the Dutch architects of KuiperCompagnons B.V., accompanied by representatives of the office of revitalization at the City Hall in Gdansk. Discussions at the meeting with the PGA SA President of the Board, Dorota Raben, focused on the Development Strategy of Gdansk Waterfront and […]

  • 3 February 2015
    Business & Finance

    DP World Limited handled 60 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals during 2014, with gross container volumes growing by 8.9% on reported basis and 8.0% on a like-for-like basis. New volume at London Gateway (UK) and Embraport (Brazil) contributed to the increase in reported volumes. Growth in 2014 was […]

  • 29 January 2015
    Business & Finance, Equipment, Technology

    The month of January begins a year-long celebration of the 50th anniversary of the founding of the International Association of Dredging Companies (IADC). Incorporated in May 1965, the association brought together 60 participants of 38 international dredging contractors from 12 countries. Dredging has always been an invisible industry: the work is done underwater, low-keyed, pragmatic and highly technical. Deeper […]