Search results for: growth

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  • 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% […]

  • 12 August 2010

    Don’t expect to see dredging machines deepening the Red River any time soon, a Manitoba Conservative MP said Tuesday. Selkirk-Interlake MP James Bezan said despite calls to dredge the river to aid boat navigation and speed up the breakup of spring ice, digging out the bottom of the river in shallow spots would be expensive […]

  • 11 August 2010

    Adventus Group, a global remediation technology enterprise, announces that it has signed an agreement for establishment of a joint venture (JV) with S&B Industrial Minerals. The agreement was signed between Adventus Intellectual Property Inc. (Canada based parent company of Adventus Americas Inc. and EnviroMetal Technologies Inc.), and S&B Industrial Minerals GmbH (Germany based affiliate of […]

  • 11 August 2010

    Port concessionaires, government officials, shipping companies, members of the National Assembly (NASS)and freight forwarders will converged in Calabar next week to address the Calabar channel dredging. Others expected at the forum are port administrators, marine engineers and maritime lawyers amongst several others. The forum is being organised by the Maritime Reporters’ Association of Nigeria. It […]

  • 9 August 2010

    The Maritime and Port Authority of Singapore (MPA) will be extending the port dues concession for all ocean-going ships with a port stay of not more than ten days and harbour craft engaged in commercial activities, for another six months. This will take effect from 1 October 2010 to 31 March 2011. Ocean-going ships will […]

  • 5 August 2010

    Dredging Corporation of India, engaged in providing dredging services to the major ports of the country has posted robust growth of 3.99 times in its net profit at Rs 157.6 million for the June 2010 quarter as against Rs 31.6 million for the June 2009 quarter. Net sales of the company decreased by 31.19% to […]

  • 5 August 2010
    Business & Finance

    Orion Marine Group, Inc., a leading heavy civil marine contractor, today reported net income for the three months ended June 30, 2010, of $7.0 million or $0.26 diluted earnings per share (based on 27,200,611 diluted shares outstanding). These results compare to net income of $6.3 million or $0.28 diluted earnings per share (based on 22,148,304 […]

  • 5 August 2010

    The causeway linking Singapore to the southern tip of the Malaysian peninsula is normally clogged with cars and trucks making the short international journey, but things got particularly bad on Feb. 1, when traffic came to a grinding halt. Thirty-seven trucks were abandoned where they stood on the Malaysian side, just yards away from a […]

  • 3 August 2010
    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 services, today reported financial results for the three and six months ended June 30, 2010. Commentary Douglas B. Mackie, President and Chief Executive Officer, said, “Great Lakes had a […]

  • 2 August 2010

    Mr. V.S. Manf, Chief Financial Officer, of Mercator Lines Limited said, “We are happy to announce a good set of Q1 FY 2011 results with increase in revenues and profits. Our business model is now well rounded and diversified and that our strategy of sustainable and scalable business model has borne the fruit.” Mumbai, July […]

  • 29 July 2010
    Business & Finance

    International workboat operator Acta Marine has successfully obtained certifications of its activities in accordance with the ISO-9001 quality standard and the SCC** safety standard. Acta Marine is the new trade name of the former sister companies Waterweg and Van Stee that recently merged into one company. The obtained double certification confirms that the integration process […]

  • 26 July 2010

    A Burmese-Thai joint development project to build the Dawei (Tavoy ) deep-sea port has sparked hope of growth in logistical and transport… (bangkokpost) [mappress] Source: bangkokpost, July 27, 2010;

  • 23 July 2010
    Business & Finance

    Royal Boskalis Westminster N.V. has successfully closed an inaugural USD 450 million US Private Placement Notes program with 26 institutional investors in the United States and United Kingdom. The significantly oversubscribed program consists of three tranches with maturities of 7, 10 and 12 years and was issued in both US dollars and Sterling. The US […]

  • 20 July 2010

    APM Terminals CEO, Kim Fejfer, met with Minister of Shipping G. K. Vasan and other government officials to discuss existing and new terminal and port development projects in one of the world’s fastest-growing economies. He was in India to review progress at APM Terminals facilities at Gateway Terminals India (GTI) located in Jawaharlal Nehru Port […]

  • 5 July 2010
    Business & Finance, Project & Tenders

    The Belgian dredging- and environmental group DEME has just been awarded two important contracts in Mexico and Malaysia. The new assignment strengthens the position of the group in the growth countries. Mexico: The contract includes the dredging works for an LNG-terminal at the west coast. The works have to be terminated within 365 days and […]