Search results for: growth

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  • 10 December 2010
    Vessels

    With a lifting capacity of a total of 2,000 tonnes and speed of 20 knots, it’s the world’s largest heavy lift vessel to date: SAL Schiffahrtskontor Altes Land puts the first of two new buildings of Type 183 into service. The company, which ranks among the leading international heavy lift shipping companies and is based […]

  • 8 December 2010
    Business & Finance, Project & Tenders, Vessels

    Sietas is to be the first German shipyard to develop and build a jack-up vessel used for offshore wind farm installation. The order, which was signed today in Hamburg, comes from prestigious Dutch-based marine contractor Van Oord, working on dredging, offshore and marine engineering projects worldwide. In addition, Van Oord has placed an option for […]

  • 26 November 2010

    C-Power is pleased to announce that it has closed the financing of the second and third phases of the offshore wind farm on the Thornton Bank (located about 30 km in the North Sea off the Belgian coast). A group of 7 commercial lenders: KBC, Rabobank, Société Générale, KfW Ipex-Bank, Commerzbank, Dexia and ASN Bank […]

  • 19 November 2010

    Ultracargo concentrate its activities in the liquid bulk storage business, a segment in which it has a leading position and will continue to seek opportunities to leverage the benefits of a growing demand for logistics infrastructure in Brazil. In October 2010, Ultracargo announced the expansion of the storage capacity of its terminal in Santos by […]

  • 18 November 2010

    Boskalis Q3 2010 Trading Update – Revenue growth resulting from merger with SMIT – Sustained margin strength and good fleet utilization at dredging activities – Order book approximately € 3.2 billion – Earnings outlook raised to at least € 290 million Review of operations Royal Boskalis Westminster N.V. saw further revenue growth in the third […]

  • 17 November 2010

    Panama Canal Authority (ACP) Administrator/CEO Alberto Alemán Zubieta and Port of Galveston Director Steven M. Cernak signed a Memorandum of Understanding (MOU) during an official ceremony in Panama City, Panama today. Held at the ACP Administration Building and attended by senior officials, the event marked the beginning of a new partnership between the two entities. […]

  • 4 November 2010

    Royal Boskalis Westminster N.V. has been awarded three contracts on the African subcontinent with a total value of approximately € 100 million. The largest contract was awarded in Nigeria by Saipem and involves dredging and equipment maintenance support work for an operational oil facility. Two other recently awarded projects located in Morocco and the Republic […]

  • 4 November 2010
    Business & Finance

    Orion Marine Group, Inc., a leading heavy civil marine contractor, today reported net income for the three months ended September 30, 2010, of $7.1 million or $0.26 diluted earnings per share (based on 27,094,326 diluted shares outstanding). These results compare to net income of $5.4 million or $0.22 diluted earnings per share (based on 24,678,251 […]

  • 3 November 2010

    Global marine terminal operator DP World announced the successful completion and official opening of Phase 1 of the expansion of its Spanish terminal, DP World Tarragona. Three Super Post-Panamax cranes capable of handling vessels with a nominal capacity of over 13,800 TEU (twenty foot equivalent container units) were also commissioned, adding to the two Panamax […]

  • 29 October 2010

    Governor Pat Quinn today visited Waukegan to announce $10 million from the U.S. Environmental Protection Agency (U.S. EPA) to fund the continued cleanup of the Waukegan Harbor. The project involves dredging and disposing of contaminated sediments from the former Outboard Marine Corporation (OMC) Superfund Site. “For years, the Waukegan Harbor has been in desperate need […]

  • 28 October 2010

    IMS Dredges, a division of LWT, LLC, is facilitating the creation of a local security zone in the Gulf of Guinea. IMS Dredges’ 7012 HP Versi-dredge is being utilized to develop the bases for the The African Partnership Station in its fight against piracy. The dredged material is creating these foundations as an integral part […]

  • 22 October 2010

    In early September expansion plans at Indonesia’s main port, Tanjung Priok, appeared to be moving forwards with three consortiums vying for a US$110.98mn breakwater and dredging project that will serve as a foundation for the port’s larger expansion project, which covers the development of four terminals. The project, which has been delayed for five years, […]

  • 19 October 2010

    The international dredging group Jan De Nul has just taken on its 500th engineer: Maarten Beckers (23). “It is very special to me that we can engage the 500th engineer in times of crisis,” says Jan Pieter De Nul, CEO of Jan De Nul Group. “There are not many companies in Belgium that employ that […]

  • 14 October 2010
    Business & Finance

    The dredging industry provides essential support services to ports, harbours, developers, the offshore industry, and environmental and other groups involved in maritime construction. Without the innovative technology of the dredging industry, many of these projects would not be realised. In an effort to quantify this information, and as part of its role to inform the […]

  • 6 October 2010

    The earliest possible development of Webb Dock East as a container terminal is essential if the forecast container growth in Melbourne is to… (bairdmaritime) [mappress] Source: bairdmaritime, October 7, 2010;

  • 23 September 2010

    With the arrival in Maputo harbour of the dredger PALLIETER on Sunday, 19 September, work on dredging the port’s access channels, basins and berths has begun. The dredging is being performed by Mascarenes Dredging & Management Services (‘Mascarenes’) and will take between 4 and 6 months to complete and will result in the depth of […]

  • 22 September 2010

    Cape Town’s Container Terminal is continuing to be transformed by the R5.4 billion expansion programme currently underway that will result in the cargo capacity being almost doubled by 2012. Major dredging, deepening and refurbishment work on the second of four berths is well underway and will be completed by May 2011. The first 100m of […]

  • 14 September 2010

    China Harbour Engineering Company Ltd (“CHEC’’) and Sundance Resources Ltd (“Sundance”) are pleased to announce that they have entered into a Memorandum of Understanding (“MOU”) to establish the scope, cost and delivery programme for the proposed bulk materials port at Lolabe, Republic of Cameroon. The Port is needed to support Sundance’s Mbalam Project in Cameroon […]

  • 13 September 2010

    John Holland today announced it has been awarded a $276 million marine contract which forms part of the early works for Rio Tinto’s Cape Lambert Port B Project in Western Australia’s north-west. The contract package involves the construction of a 920-metre jetty and two-berth wharf, new shiploading facilities and associated piping works. The project, to […]

  • 7 September 2010
    Business & Finance, Vessels

    A new custom-built cutter suction dredger destined for the Panama Canal has been launched by IHC Merwede on Monday 6 September. The 12,000kW vessel has been designed and built by IHC Beaver Dredgers at its Sliedrecht shipyard in The Netherlands for the Panama Canal Authority* (ACP – the Panama Government’s autonomous agency). QUIBIÁN I was […]

  • 7 September 2010

    Today, September 7, Panama Canal Authority (ACP) and Antwerp Port Authority signed an historic Memorandum of Understanding (MOU) to jointly help foster commercial activity between the two authorities. The first of its kind between the ACP and a European port, the MOU will increase cooperation, such as joint marketing and coordination on modernization and expansion […]

  • 4 September 2010
    Business & Finance, Vessels

    Damen Shipyards Group is proud to announce the sale of its first-ever Twin Axe Catamaran, the Damen High Speed Support Vessel (HSSV) 2610, which is particularly suited for the offshore wind industry. Marineco UK, based in Edinburgh, Scotland, recently signed for the new HSSV 2610 with an option for a second. The Scottish firm already […]

  • 3 September 2010
    Business & Finance

    Van Oord was recently awarded the dredging works for the Cape Lambert Port B Project by Hamersley Iron Pty Ltd. The project comprises the construction of a new port facility adjacent to the existing Cape Lambert Port facility in Western Australia. This will involve the construction of a new train unloading infrastructure, stockyard, ship loading […]

  • 26 August 2010

    Lake Gallträsk, situated 15km west of Helsinki, used to be a popular recreational area with beaches and clear water. Unfortunately, it has suffered from major strain caused by habitation and industry. The biggest damage to the area was done between the 1920s and 1970s, when wastewater was released into the lake causing silting up and […]

  • 25 August 2010
    Business & Finance

    The board of directors of Ackermans & van Haaren NV announces that the consolidated net result (group share) for the first half of 2010 increased by 46% (compared to the same period in the previous year) to 73.5 million euros. • Contracting, dredging and concessions: increase of turnover (+37%) and net result (+34%) of DEME […]

  • 19 August 2010
    Business & Finance

    Highlights first half year 2010 · Net profit € 123.9 million (1H 2009: € 102.7 million) · Revenue € 1,135 million (1H 2009: € 989 million) · SMIT activities contribute to first half year earnings · High fleet utilization · Order book at € 3.3 billion Outlook for 2010 · Continued strong performance with 10-15% […]