Search results for: release

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  • 28 February 2014
    Business & Finance, Equipment, Technology

    In 2013, DEME reached a turnover of EUR 2.53 billion in 2013. Compared to the previous year, this represents an increase of 32% and a record turnover. Ebitda increased by 25% to EUR 437.8 million, and net profit amounted to EUR 109.1 million, an increase of 22% compared to 2012. The order book – well […]

  • 4 August 2020
    Business development, Infrastructure

    Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States, today reported financial results for the quarter ended June 30, 2020, saying that company ended the second quarter with a strong net cash position, balance sheet and substantial liquidity. “At GLDD we have been fortunate to be able to […]

  • 7 November 2013
    Business & Finance

    Ports, shipping and logistics development across India, Pakistan and Sri Lanka will form a key topic of debate at the upcoming TOC Container Supply Chain Middle East conference, taking place on 9-11 December at the Dubai World Trade Centre, UAE. India’s economy is at the threshold of a “golden age of growth”, with the potential […]

  • 24 March 2013
    Business & Finance

    Jan De Nul Group: New Projects in Asia and Australia Several projects have been awarded to Jan De Nul Group: a reclamation project in Indonesia, a capital dredging project in Russia and an offshore project in Australia.   Spain: Minorcan Project Under Fire Oceana has made a formal complaint to UNESCO today, against a project that aims […]

  • 8 January 2015
    Business & Finance, Equipment, Technology

    Global marine terminal operator DP World has announced a video that captures some of the company’s highlights from 2014.  “2014 was yet another great year for DP World. We achieved countless ‘wins’ over the course of 2014 and the film is just a snapshot of some of those successes,” they stated. DP World has a portfolio […]

  • 7 August 2014
    Business & Finance, Equipment, Technology

    Last week an article entitled ‘Floods and climate: emerging perspectives for flood risk assessment and management’ appeared in the professional journal Natural Hazards and Earth System Sciences. In this article, 30 international hydrologists, including Laurens Bouwer of Deltares, advocate the creation of a stronger link between hydrological, climatic and environmental know-how so as to achieve […]

  • 22 May 2014
    Business & Finance, Equipment, Technology

    APM Terminals’ focus on delivering competitive solutions in the market translated into strong first quarter performance. The company announced a profit of USD 215m (USD 166m). ROIC was 14.0% (12.0%). Profit, excluding divestment gains and impairment losses, was USD 217m (USD 161m). Container volumes showed growth of 9% compared to the same quarter last year […]

  • 18 July 2013
    Business & Finance, Equipment, Technology, Vessels

    One of the largest suction dredgers in the world, Inai Kenanga, is to be launched by Inai Kiara SDN BHD, the Malaysian shipping company. VULKAN Couplings has supplied six MESLU clutches for the shift gearboxes of the powerful sand pumps – these couplings are the largest that the company has ever built. The TSHD Inai […]

  • 5 February 2014
    Business & Finance, Equipment, Technology, Vessels

    IHC Merwede has been successful in securing orders worth € 350 million for a wide range of dredging and offshore vessels and equipment. The company’s Dredging division has confirmed new contracts for the delivery of a large custom-built trailing suction hopper dredger, 13 units that will be supplied by IHC Beaver Dredgers and a cutter […]

  • 22 August 2019
    Business & Finance, Project & Tenders

    Governor Andrew M. Cuomo and Attorney General Letitia James have filed a lawsuit against the U.S. Environmental Protection Agency for violating federal law when it issued a “Certificate of Completion” to General Electric Company for Hudson River PCB Cleanup. As reported, the EPA issued the certificate to GE on April 11, 2019, finding that the […]

  • 6 June 2019
    Business & Finance, Project & Tenders

    U.S. Army Corps of Engineers, Savannah District, has completed tests on its Hutchinson Island dissolved oxygen injection system, as an environmental mitigation aspect of the Savannah Harbor Expansion Project. Preliminary assessments of the testing data indicate the plant operates as designed and produces results as anticipated or better, reported the Corps. “We’ve completed the testing […]

  • 20 April 2016
    Business & Finance, Equipment, Technology

    With more than $300 billion paid out by insurers for coastal storm damage in just the past 10 years, losses from natural disasters are reaching all-time highs, according to The Nature Conservancy. As coastal communities seek to maximize the cost-effectiveness of their infrastructure solutions, The World Bank’s Wealth Accounting and Valuation of Ecosystem Services (WAVES) […]

  • 19 July 2018
    Business & Finance

    South Carolina Ports Authority (SCPA) said in its latest release that they achieved strong performance across multiple business segments in fiscal year 2018, accomplishing new records for monthly and annual container volumes as well as progress of key capital projects. “SCPA had an ambitious growth plan for the 2018 fiscal year, and our progress across […]

  • 22 February 2018
    Business & Finance

    During the 2017 winter season the Maria Creek Boat Launch Facility saw a significant amount of seagrass enter the creek system, which has resulted in the entire facility being closed for the duration of the 2017/18 peak holiday summer season, Kingston District Council said in its latest release.  Dredging seagrass at the Maria Creek is a […]

  • 31 August 2010
    Business & Finance

    GE today submitted comments on the report issued by a panel of independent scientists who evaluated the Hudson River dredging project and recommended major changes after finding that the project did not and could not meet the performance standards established by EPA. GE thanked the panel for setting forth a road map for a process […]

  • 24 August 2017
    Business & Finance, Equipment, Technology

    DEME’s subsidiary MEDCO (Middle East Dredging Company) has been awarded a contract for the Old Doha Port Redevelopment project in Qatar.   In Singapore, DIAP (Dredging International Asia Pacific Pte Ltd) also secured a contract for the Ayer Merbau Reclamation Phase 2 project, DEME said in its latest release. The total value of these contracts […]

  • 17 March 2017
    Business & Finance

    The American Association of Port Authorities (AAPA) is concerned over the potential of significant declines for most federally funded, port-related programs in President Trump’s fiscal 2018 budget, the association said in its latest release. “We’re apprehensive about the fiscal 2018 budget. Adequate federal investments into U.S. port-related infrastructure, both on the landside and waterside, are […]

  • 22 June 2017
    Business & Finance

    The International Association of Dredging Companies (IADC) has just released their latest article named ‘ReefGuard: A Scientific Approach to Active Reef Rehabilitation’. ReefGuard, a mobile coral breeding facility provides a highly controlled environment to aid in integrating the breeding and outplanting of corals. This article gives a detailed look into how proven small-scale coral breeding techniques […]

  • 20 July 2017
    Business & Finance, Equipment, Technology, Vessels

    Weeks Marine Inc. (WMI), a marine construction and dredging contractor based in Cranford, NJ, yesterday announced the construction of a new $60 million ocean-going, 30-inch hydraulic cutter suction dredger, the J.S. Chatry. The dredger is named for Senior Vice President and Manager of Weeks Marine’s Dredging Division, J. Stephen Chatry. Construction is underway in Belle […]

  • 18 July 2014
    Business & Finance, Equipment, Technology

    The expansion of the Panama Canal to accommodate a new generation of huge cargo ships is not likely to be “a game changer” for United States ports, John Reinhart, the CEO and executive director of the Virginia Port Authority, told an international audience of maritime economists in Norfolk on Wednesday, July 16. “But we still […]

  • 14 August 2014
    Business & Finance, Equipment, Technology

    Royal Boskalis Westminster N.V. realized a net profit of EUR 253 million in the first half of 2014 (H1 2013: EUR 123 million). Revenue rose 21% in the first half of the year to EUR 1.5 billion (H1 2013: EUR 1.3 billion). Organic revenue growth was 13.4%. EBITDA amounted to EUR 466 million in the […]

  • 13 March 2014
    Business & Finance, Equipment, Technology

    Royal Boskalis Westminster N.V. achieved revenue of EUR 3.5 billion in 2013 (2012: EUR 3.1 billion). Net profit rose sharply to EUR 366 million (2012: EUR 249 million), partly due to a number of extraordinary items amounting to EUR 97 million post tax. Boskalis intends to distribute a dividend of EUR 1.24 per share and […]

  • 24 November 2014
    Business & Finance, Equipment, Technology

    To dredge simply means to scoop up sediment, often underwater, and move it to another location. While this process is often associated with moving contaminated soils to a place where they can be safely capped, today, dredging is also increasingly about harnessing natural processes to create new landforms and ecological systems. New “dredge landscapes,” man-made […]

  • 8 December 2014
    Business & Finance, Equipment, Technology

    Dredging operations are risky. They are large, sprawling with hidden dangers amongst heavy machinery. The International Association of Dredging Companies (IADC) members are committed to safeguarding their employees and to continuous improvement in guaranteeing a safe and healthy work environment. To encourage this, in 2007 the IADC Board instituted a Safety Award to recognize a […]

  • 28 March 2017
    Business & Finance, Project & Tenders

    Gov. John Bel Edwards has just released details on proposed legislation for protecting and restoring Louisiana’s coast. These proposals are part of the governor’s legislative package that will be considered in the Regular Session that is set to begin on April 10. “This is a plan for all of Louisiana, not just one agency and […]

  • 1 March 2016
    Business & Finance

    The President’s FY17 Budget for the U.S. Army Corps of Engineers’ Civil Works was released earlier this year. According to this document, the USACE, Galveston District, will receive new feasibility funding for the Houston Ship Channel and Coastal Texas studies, continued funding for the Gulf Intracoastal Waterway, Brazos River Flood Gates and Colorado River Locks […]