Search results for: loan

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  • 6 August 2020
    Business development

    During yesterday’s videoconference, Jacksonville Mayor Lenny Curry signed legislation approved by City Council for additional funding for the ongoing deepening project at JAXPORT. “This bill represents a significant win for our city, the growth of our local economy, and our reputation as a logistics hub for the southeastern United States,” said Curry. “With my signature, […]

  • 31 January 2013

    With reference to the press release of 30 January 2013, in which Boskalis announced its decision to make an all cash mandatory public offer for all the issued and outstanding ordinary shares of Dockwise at a price of EUR 18.50 per share cum dividend, which equals NOK 137 as per the date of this announcement, […]

  • 9 August 2018
    Business & Finance

    Senator John Hoeven yesterday convened a roundtable with local leaders from the Fargo-Moorhead region on efforts to advance comprehensive flood protection in the Red River Valley. Hoeven outlined provisions he recently secured to support flood control efforts, including in the Fiscal Year 2019 Energy and Water funding bill, which was passed by the Senate in June, and the […]

  • 4 September 2013
    Business & Finance

    Two ports, two container ships and 18 landing sites will be constructed as part of the Eastern Corridor Multi-modal Transport project. One of the ports will be sited at Akosombo while the other will be situated at Buipe or Yapei in the north. Government on Monday signed a 314 million dollars contract with the Chinese […]

  • 24 July 2018
    Business & Finance

    Senator John Hoeven, chairman of the Senate Agriculture Appropriations Committee and a member of the Senate Agriculture Committee, yesterday announced that the U.S. Department of Agriculture (USDA) Rural Development has awarded a $128,000 loan and $100,000 grant to the City of Marmarth. The funds will be used to restore the city’s levee, which was damaged […]

  • 19 March 2018
    Business & Finance

    Lamprell has just provided an update on its participation in the joint venture (JV) with its partners, Saudi Aramco Oil Company, the National Shipping Company of Saudi Arabia, and Hyundai Heavy Industries Co. Ltd., for the establishment of the major maritime yard at the Ras Al Khair site in eastern Saudi Arabia. “In relation to […]

  • 31 October 2012

    Seven board members from the Asian Development Bank visited the Colombo Port Expansion Project (CPEP) on 29 October 2012. The delegation consisted of Maurin Sitourus, Ashok K. Lahir, Kazuhiko Koguchi, Jerome Destombes, Richard Edwards, Khin Khin Lwin and Wilson Kamit. Ranjith Pemasiri, Secretary of the Ministry of Ports and Highways, Anuradha Wijekoon, Additional Secretary of […]

  • 20 September 2012
    Business & Finance

    Bank Mandiri and Bank Negara Indonesia (BNI) have agreed to provide loans worth US$105 million to Pelindo II to help the financing of the Kalibaru Port development program. “This credit would significantly accelerate the development of the first phase of the Kalibaru Port, which will become one of the largest container ports in the country […]

  • 27 October 2013
    Business & Finance

    ASL Shipyard Launches Dredger “Cassiopeia V” (Singapore) On Monday the 7th of October 2013, the cutter suction dredger Cassiopeia V, was successfully launched by ASL Shipyard in Singapore for Penta-Ocean Construction Co. Ltd from Japan. VOSTA LMG is responsible for delivery of the engineering and the dredging equipment.   VIDEO: Panama Canal Expansion Program Update […]

  • 18 August 2011

    With a $30-billion national shipyard contract decision coming in September, CBC News has learned that if needed, any Irving shipyard… By Amy Smith (cbc) [mappress] Source: cbc, August 18, 2011

  • 15 December 2010

    The World Bank Board of Executive Directors (WB) approved a US$250 million loan today for the Rio Bogota Environmental Recuperation and Flood Control Project, with the intention of turning it into an environmental asset for the Colombian capital’s metropolitan area.   The project seeks to improve water quality in the river’s middle basin up to […]

  • 30 November 2011

    A newly discovered layer of hard rock increased the cost for a Conwy harbor new jetty to £448,031. According to the initial estimation the cost for the project passed in November 2010 was £210,000, however the Conwy council now has to provide additional £50,000 what will be discussed today. A decision is expected to be […]

  • 23 June 2014
    Business & Finance

    Asian Development Bank (ADB) President Takehiko Nakao has met with Sri Lanka’s President Mahinda Rajapaksa, as well as several ministers and senior officials, to discuss global, regional and bilateral issues, including challenges and opportunities for the Sri Lankan economy over the short to medium term. During the three-day visit, Mr. Nakao also visited Colombo Port, […]

  • 10 June 2018
    Business & Finance, Equipment, Technology, Vessels

    Dredging Today brings you an overview of the most popular stories from the past week (June 4-10, 2018).   Ionada Scrubbing System Onboard Hopper Dredger Lelystad Ionada BV has announced the signing of a Pilot Agreement with Van Oord to conduct trials of Ionada’s Semi-Dry Scrubbing technology onboard the hopper dredger Lelystad.   Merko Ehitus […]

  • 8 January 2013
    Business & Finance

    Yesterday, the Honourable Peter Van Loan, Member of Parliament for York-Simcoe, on behalf of the Honourable Peter Kent, Canada’s Environment Minister, announced that funding is available for clean-up projects through the Lake Simcoe/South-eastern Georgian Bay Clean-Up Fund. The five-year $29 million fund aims torestore the ecological health of Lake Simcoe and South-eastern Georgian Bay and […]

  • 10 August 2012

      In June, Ex-Im Bank approved a $7 million loan guarantee supporting the export of dredging equipment and spare parts from Dredging Supply Co., in Reserve. La., to Japaul Oil and Maritime Services PLC in Port Harcourt, Nigeria. Ex-Im Bank is guaranteeing a medium-term loan from RB International Finance (USA) LLC in Bethel, Conn., to […]

  • 20 September 2010

    The World Bank has agreed to lend $115.8m to the Karachi port improvement project in Pakistan. The money will fund works to deepen the channel and harbour at the port, reconstruct old and shallow berths, and construct cross-harbour bridges. The port, which handled 38.7 million tons of cargo in 2008-09, constitutes approximately 60% of Pakistan’s […]

  • 28 December 2015
    Business & Finance

    The King Abdullah Port development program, undertaken by Huta Marine Works Ltd, is progressing steadily. Last year, Arab National Bank (ANB) and Huta Marine Works inked a loan agreement in the amount of $692.8 million, under which ANB will finance this capital development scheme. King Abdullah Port is the first port in Saudi Arabia to […]

  • 26 April 2018
    Business & Finance

    European Investment Bank (EIB), the European Union and the Seychelles Ports Authority have signed agreements related to the financing, the rehabilitation and expansion of the Port Victoria harbor. On the same occasion, the French development agency (AFD) also signed a memorandum pledging a loan in support of the project. The project entails the detailed design […]

  • 3 September 2013
    Business & Finance, Vessels

    Maguindanao Governor Esmael Mangudadatu expects more scholars under the provincial government’s MagPEACE scholarship program. Mangudadatu on Monday declared the provincial government’s continued support to the scholarship program. Mangudadatu said included in the proposed loan were allotments of P200-M for a palm oil processing plant and P100-M to purchase a dredging machine needed to address problems […]

  • 13 August 2012

    The Ocean City Council on Thursday unanimously approved borrowing $617,500 to pay for the city’s upcoming beach replenishment project. “The current conditions out there would tell the Army Corps that the project will extend to somewhere in the 14th to 17th street areas only,” City business administrator Mike Dattilo said. According to oceancity.patch.com, this project […]

  • 5 March 2013

    Michigan marinas would be able to obtain low-interest loans for the purpose of dredging their harbors under recently introduced legislation co-sponsored by Sen. John Proos. “Record-low water levels in the Great Lakes are beginning to impact the state’s recreational marinas and pose a threat to the state’s billion-dollar tourism industry,” said Proos, R-St. Joseph. “This […]

  • 16 September 2013

    China National Aero-Technology Import & Export Corporation handed over a total of 19 dredgers and supporting vessels to Myanmar at the commissioning ceremony held at Nanthida Jetty of Yangon on Saturday, 14 September. The dredgers and supporting vessels imported from China CATIC Co., Ltd with assistance of a preferential loan provided by the China EXIM […]

  • 29 November 2018
    Business & Finance, Project & Tenders

    The Ports of Civitavecchia and Fiumicino are about to receive the first trench of the €195 million European Investment Bank (EIB) loan for the development of its facilities near Rome, reports the EIB. The agreement for the first tranche of EUR 50 million financing was signed today by EIB Vice-president Dario Scannapieco and the President of the Port Authority Francesco Maria di […]

  • 20 August 2010

    An ambitious project to dredge the 13 rivers crisscrossing the capital has been delayed to early 2011 from a previous deadline of late this year, pending the release of funds from a foreign loan, Governor Fauzi Bowo said on Thursday. The Jakarta Urgent Flood Mitigation Project is being funded by a $150 million loan from […]

  • 16 April 2013

    The Asian Development Bank (ADB) joined the Government and people of the Cook Islands to officially open the upgraded Avatiu Port, which was substantially improved by the Avatiu Port Development Project. “The project has not only extended the life of Avatiu Port, but has already boosted the safety and efficiency of port operations in Cook […]