Search results for: loan

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  • 18 July 2014
    Business & Finance, Project & Tenders

    Housing Development Corporation Ltd. (HDC) and Dredging International N.V. (Belgium) have signed the framework agreement that will allow Hulhumale Phase II dredging and reclamation works to carry on. The agreement was signed yesterday at a ceremony in Nasandhura Palace Hotel, by HDC Managing Director, Mr. Suhail Ahmed and Resident Manager – Indian Subcontinent, Mr. Amedeo Peyron […]

  • 6 November 2014
    Business & Finance

    Arab National Bank (ANB) and Huta Marine Works have inked a loan agreement in the amount of $692.8 million, under which ANB will finance the construction and development of the King Abdullah Port project in Saudi Arabia. According to Robert Eid, managing director and CEO, “This deal is part of the bank’s continuous efforts to establish a distinctive footprint in […]

  • 4 July 2018
    Business & Finance

    Nordic Investment Bank (NIB) and the Municipality of Ystad in southern Sweden have inked a 25-year loan agreement worth EUR 48 million to finance the expansion of the city port. The expansion project will allow the port to take advantage of growing traffic volumes along the Ystad – Swinoujscie route and to handle larger vessels as well […]

  • 6 December 2013

    President John Dramani Mahama on Wednesday said the Takoradi Port expansion project, which is slated to be completed in 2016 would create 3,000 jobs for all categories of workers. He said under the Chinese Development Bank loan facility, government would also embark on the Sekondi-Takoradi industrial city project, to create more job opportunities in the […]

  • 30 July 2020
    Business development, Infrastructure

    The Jacksonville City Council has unanimously awarded JAXPORT $75 million for the project – comprised of a $35 million grant and a $40 million loan. “It’s a historic win for our community and the 15,000 jobs that will be created or protected by the Jacksonville Harbor Deepening Project,” said Jacksonville Port Authority in their latest […]

  • 5 July 2013
    Business & Finance

    Bangkok Governor M.R. Sukhumband Boripartra said he is ready to press ahead with his plan to keep Bangkok away from floods, with or without the government’s budget. As many areas of Bangkok were inundated in 2011, a 4- year plan to prevent flooding in the city has been developed. According to M.R. Sukhumband, the Office […]

  • 15 April 2016
    Business & Finance

    The Caribbean Development Bank (CDB) and the Government of Guyana on Wednesday, April 13, launched a $30.9 million Sea and River Defense Project at the Pegasus Hotel in Guyana. The project is expected to provide for the reconstruction and improvement of approximately 5.4 km of sea and river defenses in eight critical areas in Regions […]

  • 17 April 2015
    Business & Finance

    Standard & Poor’s Rating Services and Fitch Ratings, two of the top three U.S. credit analysis agencies, recently assigned “AA” ratings to the City of Long Beach Harbor Department’s upcoming bond issuance and outstanding debt. Both the S&P and Fitch reports stated the AA rating was warranted due to the Port’s strong market position, guaranteed […]

  • 8 October 2013
    Business & Finance

    Conservation groups amended an existing lawsuit yesterday to challenge U.S. funding for a second fossil fuel production and transport facility located inside Australia’s Great Barrier Reef World Heritage Area. The U.S. Export-Import Bank has now committed nearly $5 billion in loans to support construction and operation of the two massive liquefied natural gas facilities. Located […]

  • 13 August 2012

    According to The Hindu, the Merolyn Engineering Works Pvt Ltd is in the race to supply six dredgers worth $600 million (nearly Rs 3,300 crore) to Bangladesh. Kakoli Mitra, the Managing Director of Merolyn, a Kolkata-based company, stated that along with Dutch shipbuilder IHC Merwede and infrastructure major Royal Infraconstru Ltd, Merolyn already bid for […]

  • 28 March 2013
    Business & Finance

    Legislation sponsored by state Rep. Amanda Price that will improve the process of dredging harbors and inland waterways in need of maintenance was signed yesterday by Gov. Rick Snyder. “Making the dredging of our waterways more affordable and feasible is essential to help local communities prepare for tourism season,” said Price, R-Park Twp. “Thanks to […]

  • 21 February 2018
    Business & Finance

    The Joint Venture of Penta-Ocean Construction and Toa Corporation has won a contract for the ‘Construction of Port Facilities for Nacala Port Development Project Phase I and II’ by the Ministry of Transport and Communications of the Republic of Mozambique. This $238 million project will include a significant amount of dredging work on the access […]

  • 10 May 2012

    The European Investment Bank has formally agreed to provide the final part of EUR 900m overall funding to support investment by the Port of Rotterdam Authority in port infrastructure, of which Maasvlakte 2 is by far the most important. The European Union’s long-term lending institution has funded land reclamation and construction of container and specialist […]

  • 19 April 2019
    Business & Finance

    Royal HaskoningDHV recently looked back on a very successful Dutch trade mission to Vietnam with specific focus on climate resilience and socio-economic development through improved inland waterway transport. During the mission Royal HaskoningDHV signed a multimillion-euro World Bank funded contract to make the Mekong Delta, which is home to millions of people, more resilient to […]

  • 9 November 2016
    Business & Finance

    The Baker-Polito Administration has announced over $10 million to assist communities and groups across the Commonwealth in addressing deteriorating dams and refurbishing critical coastal infrastructure.  The awards, funded by the Dam and Seawall Repair or Removal Fund and the Governor’s annual capital budget, include engineering or construction phase support for seven dam repair projects, five […]

  • 6 December 2015
    Business & Finance

    Dredging Today brings you an overview of the most popular stories from the past week (November 29 – December 6).   VIDEO: Honeymoon Beachfill Wrapped Up The City of Dunedin, Florida, has just announced that the $4.6 million beach renourishment work on Honeymoon Island is now completed.   Anchorage Park Scheme Opens The Eastern Solent […]

  • 2 March 2017
    Business & Finance

    Earlier this week, a delegation from Germany visited the construction site of the future ‘Container Terminal Odessa’, which is owned by Hamburg Port Consulting. State Secretary of the Federal Ministry of Transport and Digital Infrastructure Mr. Rainer Bomba visited the construction site at the Quarantine Mole in Odessa seaport. During the visit, Mr. Bomba discussed […]

  • 8 November 2014
    Business & Finance, Equipment, Technology

                    NMDC Dredger Al Mirfa Enters Suez The official commencement of the Suez Canal Expansion Dredging Contract is now one step closer with the arrival of the first Consortium dredger, the National Marine Dredging Company’s ‘Al Mirfa’.   Dutch, Egyptian MoU Signed Egypt and the Netherlands have signed […]

  • 27 May 2012

    Metro Manila and suburbs will enjoy more supply and stable prices of fresh and quality fish with the upgrading of the 35-year old Navotas Fish Port Complex (NFPC), according to the Philippine Information Agency. The upgrading of the NFPC, costing P2.7 billion, is one of the five big infrastructure projects recently endorsed and submitted by […]

  • 24 November 2011

    The European Bank for Reconstruction and Development (EBRD) has approved a $155 million credit to Rosmorport, the Bank said. The loan is granted for modernization of Rosmorport’s fleet of environmental service fleet; procurement of oil boom laying workboats, skimmers, vessels for collection of shipboard wastes, dredgers, and other equipment. Categorised B in accordance with the […]

  • 12 January 2012

    A government spokesperson stated that the government had already acknowledged in principle of the Royal Act regarding reconstruction after flood – debt of Financial Institution Development Fund. She also elaborated that those two Royal Acts are parts of financial preparation for an investment on water management system and country’s future building. Mrs. Titima Chaiseang, Office […]

  • 17 December 2013
    Business & Finance, Equipment, Technology

    The EBRD is providing a $92 million loan for Turkey’s first trans-shipment container terminal AsyaPort, as the country continues to improve its infrastructure to create the conditions for sustaining its strong economic growth. The Bank’s financing will be used to design, build, operate and maintain a new container terminal in the town of Barbaros, Tekirdag […]

  • 8 May 2020
    Business & Finance, Project & Tenders

    The Diversion Authority Finance Committee Chair Fargo Commissioner Tony Grindberg, and Board Chair Fargo Mayor Tim Mahoney yesterday thanked Sen. John Hoeven for his recent work to secure Water Infrastructure Finance and Innovation Act (WIFIA) financing for the FM Area Diversion Project. The Senator announced that the Project’s WIFIA application is now ready to be […]

  • 20 October 2015
    Business & Finance, Project & Tenders

    Rijkswaterstaat and the OpenIJ consortium – consisting of BAM-PGGM, VolkerWessels and DIF – have reached financial close for the contract to design, construct, finance and maintain a new sea lock at IJmuiden. Construction activities will be carried out by a BAM Infra and VolkerWessels joint venture. The work will commence early 2016 with the new […]

  • 22 August 2013
    Business & Finance

    Deputy Managing Director for the Development of Management & Resources of the PMO said that, with a view to renovate national fleet and development of port and maritime services, PMO has provided financial support for about 304 port projects up to the end of previous Iranian calendar year (March 2012) in various fields such as […]

  • 7 July 2010

    State Enterprise “Sea Commercial Port of Illichivsk” has received the loan from the European Bank for Reconstruction and Development towards the cost of Illichivsk Commercial Sea Port Infrastructure Development Project. The project consists of a reconstruction of three existing berths, procurement of cargo handling equipment and carrying out dredging works to increase the depth of […]