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Business & Finance, Project & Tenders
Work on the construction of a new breakwater structure at the mouth of Cowes Harbour, which will transform the port into a true sheltered harbourage, has successfully moved into the third stage of this vital 18-month coastal protection project. Cowes Harbour Commission’s appointed contractors Boskalis Westminster, world leaders in the design and construction of breakwaters, […]
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Business & Finance, Project & Tenders
Upon request of the Superior Council of the Private Enterprise (COSEP), a group of top managers and engineers from HKND and ERM recently made a four hour long presentation to more than 200 members of COSEP and the Nicaraguan Council of Small and Medium Enterprises (CONIMIPYME) on the Integrated Development Project of the Grand Canal of Nicaragua. […]
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Business & Finance, Equipment, Technology
Bangkok Metropolitan Administration (BMA) officials have gone down to carry out canal dredging and waste removal operations in the Buddha Monthon Sai 4 Road area. BMA Deputy Permanent-Secretary Mr. Sanya Cheenimitr attended a campaign that focuses on cleaning up canals in order to improve their drainage capacities. The event was organized by the Thawee Watthana […]
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Business & Finance, Equipment, Technology
A new independent report has revealed the scale of the contribution made by Associated British Port’s (ABP) Port of Southampton both to the regional and national economy. The latest statistics from consultants Arup show that the port contributes £990 million to the UK economy every year, including £714 million for the Solent region. They also […]
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U.S. Congresswoman Jaime Herrera Beutler voted with a bipartisan majority of her colleagues late Thursday night to advance a responsible spending bill that secures funding for waterway maintenance on the Pacific Coast and Columbia River, as well as Hanford cleanup. The U.S. House of Representatives voted to approve the FY 2015 Energy and Water Appropriations […]
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Business & Finance, Research & Development
In order to prevent future flooding of the Lower Mainland, British Columbia, and ensure economic prosperity and growth of the whole region, infrastructure of Fraser River must be improved, managed and maintained. According to the latest report on the Economic Importance of the Lower Fraser River, released by the Metro Vancouver and Chambers of Commerce, “to […]
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Business & Finance, Equipment, Technology
The Long Beach Board of Harbor Commissioners on Monday, July 14, approved an $858 million budget for the Port of Long Beach in the upcoming fiscal year, with two-thirds of the spending set aside for a robust building and modernization program. For the fiscal year starting Oct. 1, 2014, the Harbor Department plans to spend […]
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Business & Finance, Equipment, Technology
James Fisher, the UK’s leading marine services provider, announced the formation of a new venture with Aberdeen based company KDM Marine, named James Fisher Mass Flow Excavation Ltd, to jointly offer their market-leading subsea excavation capability and resources to the offshore industry in a single entity. JFMFE combines the specialist subsea excavation, de-burial and trenching […]
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Business & Finance, Equipment, Technology
VOSTA LMG successfully delivered Crossover ball joints to several customers in the Middle East. The Crossover ball joint is a new and efficient dredge ball joint that provides optimal flow performance. Through computational fluid dynamics (CFD) the frictional losses and turbulence have been reduced to a minimum. Conventional dredge ball joints act like a ball […]
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Business & Finance, Research & Development
The African Export-Import Bank (Afreximbank) has arranged a EUR 200 million syndicated bridge financing facility for Cote d’Ivoire’s state-owned Port Autonome d’Abidjan (PAA) to enable the company expand facilities at the Abidjan Port. According to the agreement signed by PAA and the participating banks in Cairo and Abidjan, Afreximbank and Société Générale Cote d’Ivoire will […]
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Business & Finance, Vessels
The U.S. Army Corps of Engineers St. Louis District will christen its newest named vessel in honor of the late Thomas George, captain of the Corps’ Dredge Potter, in a ceremony to be attended by his family, his peers and Corps teammates at the St. Louis Service Base July 15. The Spill Barge Thomas N. […]
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According to the latest announcement from Royal BAM Group, the company is expecting project losses totaling approximately €75 million. The main reasons for the losses are: Deterioration of a large civil engineering project in Germany which is one of the handful of lossmaking projects reported last year. The problems are due to adverse ground conditions; […]
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The Jamaica-based International Seabed Authority will commemorate its twentieth anniversary, elect nearly half its executive Council and begin elaboration of a mining code for deep seabed polymetallic nodules in the Area beyond national jurisdiction when it convenes for its annual session in Kingston from 14 to 25 July 2014. The development of the exploitation regulations […]
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Acting Attorney General John J. Hoffman announced that, in another important legal victory for the State’s coastal protection efforts, a jury has determined that a Harvey Cedars couple should receive $300 as compensation for an easement on their property needed to build a sand dune and beachfront protection project – significantly less than the $800,000 […]
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Port Everglades announced the appointment of Jim Pyburn to the position of Director of its Business Development Division. The 36-year industry veteran comes to the state’s leading container port from Port Tampa Bay where he was the director of marketing and business development for Latin America. “Jim has all the great qualities we were looking […]
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Business & Finance, Equipment, Technology
Ballarat will receive new flood flow gauges along key waterways to better inform the area of potential flooding, Minister for Water Peter Walsh announced today. Mr Walsh said the $56,000 project was the first stage in developing a total flood warning system for Ballarat and would involve the installation of two new flow gauges, capable […]
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Business & Finance, Project & Tenders
Tappan Zee Constructors, LLC (TZC) will continue work on the New NY Bridge from Monday, June 30 through Thursday, July 3. In addition, an enhanced marine law enforcement presence on the Hudson River will enforce the rules of the Regulated Navigational Area (RNA), reminding recreational boaters to stay away from construction equipment. Mariners should be […]
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News of Adani’s precarious financial position in The Financial Review calls into question how environmental conditions attached to the Abbot Point coal port expansion approval will be funded. “It’s incredibly concerning that not only do the Abbot Point offsets appear impossible to achieve and are unlikely to be enforced but there might not even be […]
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Business & Finance, Equipment, Technology
The Long Beach Board of Harbor Commissioners is scheduled to vote Monday, June 30, to name Jon W. Slangerup, a veteran corporate executive with extensive experience in global logistics and environmental technologies, as the Port of Long Beach’s new Chief Executive. With the pending expansion of the Panama Canal and the aftermath of the 2008 […]
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Business & Finance, Equipment, Technology
U.S. Senator Debbie Stabenow was appointed as a Vice Chair of the Senate Great Lakes Task Force, which is a bipartisan organization that works to protect the Great Lakes’ ecosystem and develop the region’s economy. Sens. Stabenow and Rob Portman (R-Ohio) were appointed to the newly created positions and will serve with Co-Chairs Sens. Carl […]
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Business & Finance, Equipment, Technology
The Lyttelton Port of Christchurch (LPC) today released their long term vision – the Port Lyttelton Plan and is actively seeking feedback from interested parties. It is estimated that the project cost will be in the order of NZ $1b and could take up to 30 years to be completed. “It makes sense to plan […]
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The Marine Department of the Hong Kong Special Administrative Region (SAR) has announced that marine works involving dredging operations, removal and laying of private moorings will be carried out in Causeway Bay Typhoon Shelter. During the next three months, the works will be carried out by one grab dredger and one hopper barge with some […]
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Business & Finance, Equipment, Technology
Port Canaveral has signed a 35-year agreement with GT USA, the US-business of privately-owned international port operator Gulftainer, to operate and further develop its container and multipurpose cargo terminal. The terminal, set to commence operations in the last quarter of 2014, positions Port Canaveral as the most economical and convenient ocean gateway for containerized cargo […]
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Business & Finance, Project & Tenders
Dredging work at the Yuzhny port is nearing completion, and cargo owners are already analyzing its benefits. Enhancing the capabilities for working with capesize vessels will significantly increase the flows of export, import, and transit cargoes. Access to capesize vessels (over 200,000 deadweight tons) provides a competitive advantage during transportation of ore and coal cargoes. […]
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Business & Finance, Equipment, Technology
Great Lakes Dredge & Dock Corporation announced that Mark Marinko has been appointed Senior Vice President and Chief Financial Officer effective today. Mr. Marinko joins the Company to fill the role vacated in April 2014 and held in interim by the Vice President and Controller, Katherine Hayes. Mr. Marinko will report to the Chief Executive […]
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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, […]
