Search results for: port deepening

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  • 12 August 2019
    Business & Finance

    Florida Department of Transportation Secretary Kevin Thibault toured the ongoing JAXPORT development projects last week, and also received an update on port growth. The visit, hosted by JAXPORT Chief Executive Officer Eric Green and other port executives, included a look at how the projects – from berth enhancements to Mile Point and harbor deepening – […]

  • 6 August 2019
    Business & Finance

    The U. S. Army Corps of Engineers’ Galveston District has released a public notice for the Port of Corpus Christi Authority’s proposed Channel Deepening Project, for which an Environmental Impact Statement will be prepared.  “The Channel Deepening Project was also determined to be a covered project under Title 41 of the Fixing America’s Surface Transportation […]

  • 31 July 2019
    Business & Finance

    Great Lakes Dredge & Dock Corporation (GLDD) today reported financial results for the quarter ended June 30, 2019. According to the company’s Chief Executive Officer, Lasse Petterson, the second quarter was another active period for GLDD, marking their fourth consecutive quarter showing improvement in both revenue and adjusted EBITDA from continuing operations when comparing to […]

  • 11 July 2019
    Business & Finance

    Dublin Port Company (DPC) is lodging an application for permission with An Bord Pleanála for its MP2 Project, the second major capital development project from the Port’s Masterplan 2040. The MP2 Project involves an application for a 15-year permission for phased development works within existing port lands in the north eastern part of the port estate. When […]

  • 9 July 2019
    Business & Finance

    Chairman of Houston Port Commission, Ric Campo, joined Chief of Engineers and Commanding General of USACE, Lt. Gen. Todd T. Semonite, on a helicopter tour of the Houston Ship Channel recently, witnessing first-hand the busiest ship channel in the nation and the constant vessel activity it experiences every day. During the tour, Campo reiterated the […]

  • 19 June 2019
    Business & Finance

    The Port of Brownsville, Texas, is closer to deepening the Brownsville Ship Channel after receiving a key permit from the U.S. Army Corps of Engineers on June 6 to advance the Brazos Island Harbor Channel Improvement Project (BIH) to its construction phase. This permit is the latest milestone in the port’s effort to deepen the […]

  • 16 May 2019
    Business & Finance, Project & Tenders

    The Jacksonville Harbor Deepening Project is gaining momentum with more and more vessels joining the fleet of workboats that are currently stationed in the area. That’s why the Army Corps’ Jacksonville District has just released a notice asking public to use extra caution in the waterways within the Jacksonville Harbor construction area on the St. […]

  • 15 May 2019
    Business & Finance

    H.H. Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, has underlined the paramount importance of boosting the Port of Fujairah’s operations and enhancing its capabilities, the Emirates News Agency informs. Sheikh Hamad made the remarks yesterday, in the presence of H.H. Sheikh Mohammed bin Hamad bin Mohammed Al Sharqi, Crown […]

  • 3 May 2019
    Business & Finance

    Great Lakes Dredge and Dock Company (GLDD) recently hosted a tour of their cutter suction dredger Texas at the Jacksonville Harbor Deepening Project. Great Lakes’ personnel, which included Armand Riehl, Russ Zimmerman, and Captain Joyner, hosted senior officials from the following organizations: Florida Department of Environmental Protection, Florida Department of Transportation, Florida Ports Council, Jacksonville […]

  • 1 May 2019
    Business & Finance

    Great Lakes Dredge & Dock Corporation (GLDD) has just reported financial results for the quarter ended March 31, 2019. Chief Executive Officer Lasse Petterson commented, “The first quarter of 2019 was an exceptional quarter driven by strong project performance, resulting in net income from continuing operations of $20.5 million and an adjusted EBITDA from continuing […]

  • 25 April 2019
    Business & Finance

    NextDecade, a Houston based liquefied natural gas (LNG) company, has entered into an agreement with the Port of Brownsville to deepen nearly half of Brownsville Ship Channel, the Texas Secretary of State’s office said in its latest announcement.  During their April 24th meeting, NextDecade CEO, Matt Schatzman, signed the deal to privately fund the deepening […]

  • 25 April 2019
    Business & Finance

    The Port of Rotterdam Authority has officially inaugurated the deepening of the Nieuwe Waterweg and Botlek basin, making this port complex accessible for ships up to 15 meter draught. The dredging scheme was carried out by Boskalis (Maassluis to the Benelux Tunnel and the Botlek) and Van der Kamp (from the Nieuwe Waterweg Maassluis to […]

  • 10 April 2019
    Business & Finance

    DEME, an international group of specialized companies involved in complex marine engineering works, has won a major contract to carry out the deepening of the Elbe fairway in Germany. The project consists of the widening and deepening of the 116 km long fairway between Cuxhaven and Hamburg to a level of -14.5 m. According to DEME, […]

  • 26 March 2019
    Business & Finance

    The Swedish Gothenburg Port Authority last week released the company’s annual Sustainability Report – ‘Sustainable Port‘, saying that they will continue in its endeavor to promote long-term sustainable development. During the past year, several important milestones were reached, said the Port Authority. Joint funding by the government was approved for the long-awaited deepening of the fairways, […]

  • 21 March 2019
    Business & Finance

    The Massachusetts Port Authority confirmed last week that $35 million has been secured to help fund the ongoing Boston Harbor Dredging Project. The project is approximately 30 percent complete, and this funding will enable the project to continue on schedule. The scheme is a $350 million partnership between the U.S. Army Corps of Engineers, the […]

  • 21 March 2019
    Business & Finance

    Florida Senator Rick Scott visited JAXPORT earlier this week to highlight his Fighting for Florida budget agenda, which includes more a more than $140 million investment for Florida Ports. Senator Scott also toured Port Tampa Bay, Port Canaveral, Port Panama City and PortMiami throughout the week to highlight his commitment to fighting for the continued success of Florida’s […]

  • 19 March 2019
    Business & Finance

    Thanks to investments like harbor dredging and other port development projects, the Jacksonville Port Authority (JAXPORT) yesterday marked a new record with the arrival of the ZIM vessel Cape Sounio, the largest container ship to ever call Jacksonville. “We are grateful to our 2M alliance partners – ZIM, Maersk, MSC, HMM and Hamburg Süd – […]

  • 13 March 2019
    Business & Finance

    The U.S. Army Corps of Engineers, Charleston District, yesterday announced that they have received $138 million in construction funding for the Charleston Harbor Post 45 Deepening Project in the President’s Budget. “This allows us to stay on schedule with the deepening. We also received operations and maintenance funds of $19.4 million for Charleston Harbor, $3.9 […]

  • 12 March 2019
    Business & Finance, Project & Tenders

    Two Argentinian banks, Banco de Inversión y Comercio Exterior (BICE) and Banco Macro last Friday (March 8) signed a $32.2 million financing agreement for the deepening of the Port of Quequén, Buenos Aires. According to the officials, the deal was signed in the presence of the Management Consortium of Puerto Quequén, Dr Arturo Rojas; Minister Dr. Javier Tizado; Bob […]

  • 8 March 2019
    Business & Finance

    PortMiami has reported its busiest January in history with a total of 104,183 twenty-foot equivalent units of containerized cargo (TEUs) activity, a 17% jump over January 2018 – a record month in its history.   “Port officials attribute January’s results to be a continuation of a healthy balance of global trade combined with successfully deployed capital infrastructure improvements and […]

  • 6 March 2019
    Business & Finance

    Works on widening and deepening the Vridi Canal in Ivory Coast, implemented by China Communications Construction Company’s (CCCC) subsidiary China Harbor Engineering Company (CHEC), are officially completed – eight months ahead of schedule. The inauguration ceremony of the expanded waterway took place on February 21, in the presence of Amadou Gon Coulibaly, the Prime Minister of the […]

  • 5 March 2019
    Business & Finance, Project & Tenders

    The Jacksonville Port Authority (JAXPORT) and SSA Marine have reached a long-term agreement for the development and operation of international container terminal at JAXPORT’s Blount Island Marine Terminal. The facility, SSA Jacksonville International Gateway Terminal, is an expansion of SSA Marine’s current leasehold at Blount Island and will offer deepwater berthing space to accommodate the larger container ships […]

  • 20 February 2019
    Business & Finance

    Great Lakes Dredge & Dock Corporation (GLDD) today reported financial results for the quarter and year ended December 31, 2018. As of December 31, 2018, GLDD concluded that it intends to sell the Environmental and Infrastructure (“E&I”) business during the first half of 2019. Based on this decision, this business has been classified as an […]

  • 1 February 2019
    Business & Finance

    The last year was a year of new beginnings and growth for Port of Coos Bay, the port said in their latest announcement.  They just released a Year in Review letter from Port CEO, John Burns, introducing the accomplishments that have taken place at the Oregon International Port of Coos Bay in the past year. “As […]

  • 8 January 2019
    Business & Finance

    South Carolina Ports Authority (SCPA) yesterday reported 6.4 percent year-over-year container volume growth, with a record 2.3 million twenty-foot equivalent container units (TEUs) handled in 2018. “Last year marked the third consecutive calendar year of record TEU volume for SCPA. The Port moved 199,701 TEUs in December alone, a 9.2 percent increase over December 2017 […]

  • 7 January 2019
    Business & Finance, Vessels

    A maintenance dredging project at New Zealand’s Northport is set to take place this week – for the first time in 17 years.  Work to remove sediment build-up in the ship turning basin near Snake Bank, along Northport’s linear berth and at Refining NZ’s Jetty 1 berth pocket will start today and continue for most of the month. […]