Search results for: port deepening

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  • 29 June 2017
    Business & Finance

    U.S. Senator Chris Coons yesterday delivered remarks at the Energy and Water Development Subcommittee hearing on President Trump’s funding request and the budget justification for the Corps of Engineers and the Department of Interior’s Bureau of Reclamation. Following his opening remarks, Senator Coons questioned Lieutenant General Todd Semonite, Commanding General and Chief of Engineers, U.S. […]

  • 20 June 2017
    Business & Finance, Project & Tenders

    Abu Dhabi Ports and the Port of Fujairah have signed a 35 year concession agreement to develop, manage and operate the Fujairah facility, reports the Emirates News Agency. The agreement was signed Monday, June 19, by Mohamed Juma Al Shamisi, CEO of Abu Dhabi Ports and Captain Mousa Murad, General Manager of Port of Fujairah. As part of […]

  • 12 June 2017
    Business & Finance

    The Tanzania Ports Authority (TPA) and China Harbor Engineering Company Ltd (CHEC) have signed a $154 million contract for the Dar es Salaam port expansion program. Under this capital development scheme, which will be implemented in the next three years, berths No 1-7 will be strengthened and deepened to 15.5 meters. The upgrading of the berths will […]

  • 9 June 2017
    Business & Finance

    The U.S. Army Corps of Engineers (USACE), Mobile District, has released the Final Environmental Impact Statement (FEIS) for the proposed Port of Gulfport Expansion Project (PGEP) for 30-day public and agency review. The FEIS presents the results of the USACE’s analysis of the environmental effects of the proposed project. If approved, the USACE determined that […]

  • 31 May 2017
    Business & Finance

    Royal Boskalis Westminster NV is preparing to kick off work on the planned EUR 480 million liquid terminal at the Duqm Port in Oman, according to Times of Oman. This capital development project, scheduled to start within a month, will include the engineering, design, procurement and construction of a bulk liquid berth terminal. The Port […]

  • 25 May 2017
    Business & Finance

    The U.S. Army Corps of Engineers yesterday awarded $17.5 million for the Jacksonville Port deepening project in its FY 2017 Work Plan. This funding will begin construction of the deep draft navigation improvements at JAXPORT. Congressman John Rutherford has urged the Army Corps for funding to deepen the Jacksonville harbor, which would bring larger ships, […]

  • 14 May 2017
    Business & Finance

    On the heels of record-breaking container volumes in March and April, South Carolina Ports Authority yesterday celebrated another milestone with the arrival of the biggest container ship ever to call the US East Coast. “The deployment of 13,000 twenty-foot equivalent (TEU) vessels to East Coast ports marks a new era in the global container shipping […]

  • 10 May 2017
    Business & Finance

    Royal Boskalis Westminster N.V. has just released its latest trading update, saying that the market picture for the coming period would be characterized by continued lower volumes of work and pressure on both utilization levels and margins. Compared to the same period last year, revenue declined at virtually stable fleet utilization rates. Weak market conditions resulted […]

  • 8 May 2017
    Business & Finance

    The Port of Coos Bay is proposing to deepen and widen the Federal navigation channel through its $400 million Coos Bay Channel Modification Project. According to Mike Dunning, port director of maritime operations, the project will expand the existing channel from -37’ depth and 300’ width to -45’ depth and 450’ width from the channel entrance to […]

  • 1 May 2017
    Business & Finance

    Egypt’s Damietta Port and the Armed Forces Engineering Authority last week signed a cooperation protocol for the construction of a new multi-purpose terminal. According to the DPA Chairman, AD./ Ayman Saleh, the new terminal will have a depth of 17m, berths 630m long, and back area of 75,000m². Saleh also said that the construction of […]

  • 6 April 2017
    Business & Finance

    The Texas Senate has unanimously passed Senate Bill 28, the Texas Port Expansion Act, authored by Senator Brandon Creighton and co-authored by Senator Lois Kolkhorst, to provide opportunities for investments and enhancements at Texas Ports. “Texas ports are estimated to be responsible for 25 percent of Texas’ gross domestic product,” said Kolkhorst. “Our ports are […]

  • 3 April 2017
    Business & Finance, Project & Tenders

    Royal Boskalis Westminster N.V. (Boskalis) in joint venture with Jan De Nul has acquired a contract with port operator Jawaharlal Nehru Port Trust for the deepening and widening of the access channel towards Jawaharlal Nehru Port in Mumbai, India. The contract carries a value of approximately EUR 250 million with a 50% share for Boskalis. […]

  • 27 March 2017
    Business & Finance, Project & Tenders

    Work on the U.S. Army Corps of Engineers, Charleston District’s largest navigation scheme, the Post 45 Deepening Project has entered the final phase, according to the Lt. Col. Matthew Luzzatto, the District Engineer. The project recently received authorization to proceed under the Water Infrastructure Improvements for the Nation Act. The WIIN Act was signed into law in […]

  • 23 March 2017
    Business & Finance

    Press Information Bureau (PIB) of Government of India has just announced that the Cabinet Committee on Economic Affairs on Wednesday approved fresh estimates for deepening and widening of the Mumbai harbor channel and the Jawaharlal Nehru Port channel – Phase II. The PIB’s release said that the entire project, worth Rs. 2,029 crore (around $309 […]

  • 9 March 2017
    Business & Finance

    New York Senator Charles E. Schumer yesterday urged the Acting Secretary of Army Civil Works to approve an agreement with the U.S. Army Corps of Engineers to release critical funds to dredge the Ogdensburg Harbor. Last dredged in 1984, the Ogdensburg Harbor is still in desperate need of deepening, which will ease congestion, reduce shipping […]

  • 22 February 2017
    Business & Finance

    Great Lakes Dredge & Dock Corporation today released its financial results for the three months ended December 31, 2016, reporting revenue of $213.4 million, net loss of $7.0 million and Adjusted EBITDA of $11.6 million.  “The following non-recurring items totaling $7.3 million negatively impacted results during the fourth quarter of 2016: a loss on an asset held for sale […]

  • 3 February 2017
    Business & Finance

    The JAXPORT CEO, Brian Taylor, expects that, after a decade of discussion and planning, the $684 million project to deepen the St. Johns River shipping channel could begin this year. Mr Taylor made this announcement yesterday in his State of the Port address to the Propeller Club of the United States, according to Jacksonville.com. Deepening the […]

  • 25 January 2017
    Business & Finance

    Port of Rauma (Rauman Satama) has just released a video update about the progress on the Rauma entrance channel deepening scheme. WASA Dredging, a Finnish marine offshore and inland water construction company, is the principal contractor appointed for this dredging program. Under the contract, the waterway will be deepened to 12 meters maximum authorized draught. The newly […]

  • 25 January 2017
    Business & Finance

    The U.S. Army Corps of Engineers, New Orleans District, is hosting a final public meeting to provide an update on the draft integrated General Reevaluation Report and Supplemental Environmental Impact Statement titled “Mississippi River Ship Channel, Gulf to Baton Rouge, Louisiana”. The purpose of the study is to evaluate economic viability as well as alternative […]

  • 23 January 2017
    Business & Finance

    The U.S. Army Corps of Engineers, Jacksonville District, has invited the public to provide their input under the National Environmental Policy Act (NEPA) for the Port Everglades navigation improvement project.    An open comment period started in late September and will end March 24, 2017. The USACE’s Jacksonville District and Port Everglades will host two scoping […]

  • 16 January 2017
    Business & Finance

    Boskalis has received a Letter of Intent to Award (LOI) a contract for the development of the Port of Duqm in Oman. The contract with a value of approximately EUR 480 million will be awarded by Sezad (Special Economic Zone Authority Duqm) and includes the engineering, design, procurement and construction of a bulk liquid berth terminal. […]

  • 12 January 2017
    Business & Finance, Project & Tenders

    After a little over 2 years of deepening and widening the Bayport Channel, the Port Houston dredging is finished. The channel was deepened by five feet to match the 45 ft. depth of the Houston Ship Channel and was also widened between 50 to 100 feet, reported the port. The project will improve navigational safety […]

  • 5 January 2017
    Business & Finance

    Port of Rauma has just released a video update about the progress made during 2016 on the port’s Container Terminal Extension Project. In April 2016, Port of Rauma launched a major building project at the existing container terminal totaling over EUR21 million. The development consists of expanding the current container terminal by building more berths for […]

  • 22 December 2016
    Business & Finance, Project & Tenders

    The long-awaited court decision on the Elbe deepening project will be announced on February 9th 2017, reports the Port of Hamburg. According to the port, the adjustment of the navigation channel on the Lower and Outer Elbe is the most important strategic expansion project for the Port of Hamburg. In view of the rapidly growing ships, […]

  • 22 December 2016
    Project & Tenders

    Governor Tom Wolf and Senator Bob Casey are openly showing their support for the $300 million Capital Investment Program at the Port of Philadelphia. Yesterday, during Gov. Wolf visit to Philadelphia, elected officials and stakeholders talked and exchanged ideas about the comprehensive investment program at the port which was announced in November. According to Gov. Wolf, by investing more than $300 […]

  • 20 December 2016
    Business & Finance, Project & Tenders

    President Barack Obama recently signed into law the Water Resources and Development Act (WRDA) of 2016, authorizing the Brownsville Ship Channel deepening project, making it eligible for federal funding. The Brazos Island Harbor Channel Improvement Project was one of 28 water infrastructure projects nationwide included in the WRDA and submitted by the U.S. Army Corps of […]