Search results for: money

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  • 30 January 2020
    Business & Finance

    U.S. Congressman Brian Mast yesterday requested that President Donald Trump include $250 million in funding for Everglades restoration in his FY2021 budget request. This request comes on the heels of President Trump signing into law the Consolidated Appropriations Act of 2020, which at Rep. Mast’s urging, included a historic $200 million for South Florida Ecosystem […]

  • 24 April 2019
    Business & Finance, Equipment, Technology, Vessels

    Jan De Nul Group is demanding the repayment of all installments paid to Croatia’s troubled Uljanik Shipyard, plus interest, after they cancelled an order for Newbuilding 500 – a cutter suction dredger. The Shipbuilding Contract for Hull 500 was signed two years ago between Uljanik d.d. and Dredging and Maritime Management SA (DMM) Luxembourg, the […]

  • 28 December 2018
    Business & Finance

    Early in 2018, the federal government announced a program under the U.S. Water Resources Development Act (WRDA) that would fund ten projects supporting beneficial uses of dredged material. The S.C. Department of Natural Resources (SCDNR) submitted a proposal for this pilot program to cover 100% of the construction costs of restoring the Crab Bank Seabird […]

  • 15 November 2018
    Business & Finance

    The Mississippi Department of Environmental Quality (MDEQ) has announced 10 new and supplemental restoration projects that will add approximately $37.8 million to the total being spent on restoration projects in the wake of the 2010 Deepwater Horizon oil spill. This brings the total to approximately $508 million of restoration projects that have been announced. The announcement […]

  • 25 October 2018
    Business & Finance

    The Bangladeshi Executive Committee of the National Economic (ECNEC) has approved a project to procure some 35 dredgers, costing around $526 million, to keep up navigability in 100 major rivers across the country, Bangladesh Sangbad Sangstha (BSS) reports.  The approval came from the 11th ECNEC meeting of the current fiscal year held at the NEC conference […]

  • 27 June 2018
    Business & Finance

    Earlier this week, the Senate passed the first funding bill for the 2019 fiscal year, which involved a provision that would ensure additional money for deep draft navigation projects, including the Savannah Harbor Expansion Project (SHEP). Commenting the passage of the first package of 2019 funding bills, U.S. Senator David Perdue said: “Congress has moved one […]

  • 23 November 2017
    Business & Finance

    The Department of Environment and Natural Resources (DENR) has allocated around $800.000 for the rehabilitation and development of the historic Malandog River, the Philippine News Agency (PNA) said in their latest announcement.  Provincial Environment and Natural Resources Officer Andres Untal, who met the different heads of national and provincial offices in Antique on Wednesday, said […]

  • 7 August 2017
    Business & Finance

    The Great Lakes Commission (GLC) announced last week that it has received funding to implement restoration projects in two Great Lakes Areas of Concern (AOCs), areas of historic pollution and degradation. The GLC will support the design and restoration of valuable habitat in the Maumee River AOC in Ohio and the Clinton River AOC in Michigan in […]

  • 11 May 2017
    Business & Finance

    Fiji’s Minister for Local Government, Housing and Environment, Parveen Kumar Bala, said that funding for the Vaileka River dredging works will be provided by the Ministry of Agriculture, the Fiji Times reports. Following a stakeholder meeting with Rakiraki residents and business owners earlier this year, the minister said that the removal of silt from the river was […]

  • 1 February 2017
    Business & Finance

    Funding has been confirmed for the development of Redland City Council’s comprehensive Coastal Adaptation Strategy. Council will receive $195,650 from the State Government’s QCoast2100 Program for phases 1-5 of the strategy, which will identify and develop management plans for coastal hazard. Redland City Mayor, Karen Williams, said that the funding, approved by the Local Government […]

  • 3 November 2016
    Business & Finance

    State Representative Timothy Whelan has announced that the Massachusetts Executive Office of Energy and Environmental Affairs will be providing the Town of Yarmouth with $77.500 in grant funds through the Dam and Seawall Repair or Removal Program. The funds granted to the Town of Yarmouth will support planned improvements for an approximately 500 linear foot […]

  • 14 June 2016
    Business & Finance

    As part of the public-safety funding announced in the 2016 provincial budget, the Province is committing $1.6 million in funding toward a flood mitigation project in the City of North Vancouver and the District of North Vancouver that will protect an important, business area and parkland. The $2.4-million project includes $334,666 from the City of […]

  • 10 March 2016
    Business & Finance

    Senators Jack Reed and Sheldon Whitehouse and Congressmen Jim Langevin and David Cicilline have announced $891,243 in federal funding for a partnership between Rhode Island and four other New England states to study the effects of coastal storms and develop tools and solutions to help communities respond to these events. The partnership will include researchers […]

  • 29 February 2016
    Business & Finance

    The Federal Emergency Management Administration (FEMA) will pay the entire $12.8 million cost of the City of Troy Seawall Stabilization Project, according to the U.S. Senator Charles E. Schumer. Schumer initially secured $6.7 million in federal funding in July 2014 so this stabilization project could begin and this damaged seawall would not threaten to undermine the […]

  • 10 February 2016
    Business & Finance

    Congresswoman Julia Brownley has announced $11.6 million for the Ventura Harbor dredging project. The FY2016 U.S. Army Corps of Engineers work plan includes $7.33 million for the current project, which is already underway. The President’s FY2017 budget request includes $4.3 million for dredging Ventura Harbor next year. “Since coming to Congress, I have been working […]

  • 2 February 2016
    Business & Finance

    The City of West Haven is using a $1.25 million grant, received from the state Department of Energy and Environmental Protection, to replenish beach sand on Beach Street and control beach erosion on Ocean Avenue. “This grant will enable the city to finance two essential beach infrastructure projects at no cost to West Haven taxpayers,” […]

  • 18 January 2016
    Business & Finance

    The city of South Padre Island is about to receive $$1.25 million from the Coastal Erosion Planning and Response Act (CEPRA) Grant for the city’s beach renourishment project. This was announced by Reuben Treviño, Coastal Resource and Parks Administrator, following last week’s Shoreline Task Force meeting. According to the Texas General Land Office (GLO), the purpose of the CEPRA Program is […]

  • 15 December 2015
    Business & Finance

    More than £5 million is to be spent on a project to stabilize cliffs along the coastline at Clacton and Holland-on-Sea, according to the Tendring District Council. Over £2 million of the money has come from a major Coastal Protection Scheme along a 5 kms stretch of the same coastline being completed under budget and […]

  • 18 November 2015
    Business & Finance

    A joint funding agreement between the Department for Transport and Main Roads and Redland City Council will see long awaited dredging work undertaken at William St boat ramp and adjacent Raby Bay channel. The proposed work will deepen the entrance channel and dredge out the basin around the boat launching facilities at William Street, Cleveland. […]

  • 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 […]

  • 28 August 2015
    Business & Finance

    The Asian Development Bank (ADB) has approved a $20 million loan to stem coastal erosion around the popular Black Sea tourist destination of Batumi.  Batumi, the capital of the Autonomous Republic of Adjara, with a population of more than 150,000, is one of the fastest developing cities along the Black Sea coast and plays a […]

  • 11 August 2015
    Business & Finance

    The National Fish and Wildlife Foundation (NFWF) has awarded $5.7 million to be used for Great Lakes restoration through the Sustain Our Great Lakes program, including $950,000 to The Winous Point Marsh Conservancy to restore 175 acres of coastal wetland in Sandusky Bay. The Conservancy has also put forward $1,500,000 in matching funds to pay […]

  • 5 August 2015
    Business & Finance

    ‘Sustain Our Great Lakes’ partners today announced 20 projects selected to receive more than $5.7 million in grant funding for ecological restoration in the Great Lakes basin. With a focus on restoring coastal wetland habitat and improving the quality and connectivity of stream and riparian habitat, this investment will help protect, restore, and enhance the […]

  • 14 July 2015
    Business & Finance

    The Palaszczuk Government will provide an additional $100 million over five years to improve the Great Barrier Reef water quality. Dr Steven Miles, the Minister for Environment and Heritage Protection, National Parks and the Great Barrier Reef, said that the Budget delivered on the Government’s promises to tackle some of the key threats facing the […]

  • 10 July 2015
    Business & Finance

    As part of the Obama Administration’s effort to prepare communities for the impacts of climate change, U. S. Secretary of the Interior Sally Jewell yesterday announced that the Bureau of Indian Affairs (BIA) has awarded $11.8 million in Tribal Climate Resilience Program funding awards. The funding will help federally recognized tribes and tribally chartered organizations […]

  • 9 July 2015
    Business & Finance

    The United States Department of Agriculture’s Natural Resources Conservation Service has announced the availability of $17.5 million in financial and technical assistance nationwide to help eligible conservation partners voluntarily protect, restore and enhance critical wetlands. “USDA has leveraged partnerships to accomplish a great deal on America’s wetlands over the past two decades,” said Agriculture Secretary Tom […]

  • 8 July 2015
    Business & Finance

    Senator David Wells announced today that the Government of Canada will invest in improvement projects at three Newfoundland and Labrador small craft harbors. This funding will provide a safer and more efficient working environment for fishermen and harbor users. “Since 2006, our Government has continuously made major investments that create opportunities for Canadians and encourage […]

  • 7 July 2015
    Business & Finance

    Grants and loans worth $227 million just turned green, creating jobs and protecting waters across Washington state through 162 newly funded projects. “This funding represents critical investments of state and federal resources in improving and protecting the quality of our state’s waters while also supporting the health and vitality of communities throughout the state,” said Heather […]

  • 2 July 2015
    Business & Finance

    Horizons Regional Council’s Sustainable Land Use Initiative (SLUI) will receive a total of $4.76 million from central government’s Hill Country Erosion Fund for the next four years. Administered by the Ministry of Primary Industries, the Hill Country Erosion Fund has $8.8 million available to local authorities for erosion control activities. Horizons chairman Bruce Gordon said […]