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  • 13 January 2012

    The Government aims to create a port capacity of around 3200 MT by attracting investments to the tune of Rs. 2,87,000 crore to handle the expected traffic of about 2500 MT by 2020 and bring Indian ports on a par with the best international ports in terms of performance and capacity. This was stated by […]

  • 2 March 2012

    An ongoing three-month public-private partnership to improve Waikiki Beach by restoring this valuable and heavily utilized recreational area will shift into active beachbuilding phase beginning March 12. The Department of Land and Natural Resources (DLNR) is conducting a project to restore sand to approximately 1,730 linear feet of shoreline from the west end of the […]

  • 24 January 2019
    Business & Finance

    Louisiana Governor John Bel Edwards has announced his plans to designate more than $350 million in coastal dollars, including $55 million from FY18 surplus dollars to Louisiana’s coastal trust fund.  Within those surplus dollars, $15 million will be allocated to effectively restore the funds previously swept by the previous Administration. Edwards also committed $30 million […]

  • 11 September 2013
    Business & Finance

    Congressman C.A. Dutch Ruppersberger joined U.S. Senators Barbara A. Mikulski and Ben Cardin along with Representatives Elijah Cummings and John Sarbanes (all D-Md.) in announcing that the Maryland Port Administration has been awarded $10 million in federal funding to expand the handling capacity at the Fairfield Marine Terminal at the Port of Baltimore through the […]

  • 3 October 2012

    Congressman Tim Bishop announced yesterday that work to dredge Shinnecock Inlet will begin in November, with 128,000 cubic yards of sand from the dredged inlet to be placed on the badly eroded section of beach known as West of Shinnecock Inlet (WOSI). In June, Bishop announced that he had secured $5.1 million in federal funding […]

  • 17 July 2012

    Premier Ted Baillieu and Minister for Ports Denis Napthine announced trade figures at the Port of Melbourne surged in the 2011-12 financial year with a 9.1 per cent overall increase at Australasia’s busiest container and general cargo port. Mr Baillieu said in the 2011-12 financial year total port trade grew to 87 million revenue tonnes […]

  • 15 August 2014
    Business & Finance, Equipment, Technology

    Transport Secretary Patrick McLoughlin has announced £1.7 million funding to help repair small ports and harbors across England damaged by winter storms. Twenty one communities will benefit ranging from Cornwall to East Riding. McLoughlin said: “Our small ports are vital to the livelihoods of the communities they serve and are the lifeblood of the local […]

  • 20 March 2014

    U.S. Senator Charles E. Schumer urged the Environmental Protection Agency (EPA) to fund a project to restore Braddock Bay, where the boating community, environment and local homeowners have suffered from the blockage of navigations channel, and loss of wetland habitats following the erosion of a former barrier beach that had protected the bay from Lake […]

  • 30 October 2015
    Business & Finance, Project & Tenders

    The Department of Environmental Protection and U.S. Army Corps of Engineers (USACE) have announced the completion of the beach and dune portion of a $57.6 million project to construct beaches and dunes in Cape May County. DEP Commissioner Bob Martin and Lt. Col. Michael Bliss, Commander, Philadelphia District of USACE, were joined this morning by […]

  • 6 June 2014
    Business & Finance, Research & Development

    The State of Florida and St. Lucie County together have committed more than $1 million to stormwater system improvement projects that will help reduce nutrient pollution reaching the St. Lucie River. Specific projects include upgrades to the existing stormwater conveyance system and the construction of a 4-acre detention lake, which will reduce both erosion and […]

  • 19 December 2012
    Business & Finance

    The Honourable Peter Kent, Minister of the Environment, yesterday confirmed the Government of Canada’s funding to clean up contaminated sediment at Randle Reef in Hamilton Harbour. Environment Canada will lead the Randle Reef Contaminated Sediment Remediation Project in partnership with the Province of Ontario, the City of Hamilton, the Hamilton Port Authority, U. S. Steel […]

  • 30 April 2013
    Business & Finance

    U.S. Environmental Protection Agency Regional Administrator Judith A. Enck was joined by New York State Department of Environmental Conservation Deputy Commissioner Eugene Leff today to kick off the start of the fourth season of dredging in the Upper Hudson River. Portions of the Upper Hudson are being dredged to remove sediment contaminated with polychlorinated biphenyls […]

  • 2 January 2013

    Great Lakes Dredge & Dock Corporation (GLDD), the largest provider of dredging services in the United States and a major provider of commercial and industrial demolition and remediation services, today announced it has acquired the assets of Terra Contracting, LLC , one of the nation’s premier providers of a wide variety of essential services for […]

  • 1 December 2011

    What is now West Africa’s largest and most modern container terminal, Terminal à Conteneur, developed and operated by global marine terminal operator DP World, was officially opened yesterday (November 30) by HE Abdoulaye Wade, President of Senegal, together with HE Sultan Ahmed Bin Sulayem, Chairman, DP World. Expanded and upgraded by DP World Dakar following […]

  • 11 November 2013
    Business & Finance

    President Barack Obama toured the Napoleon Avenue Container Terminal last week and spoke to a crowd of more than 500 on the importance of growing the nation’s economy through increased exports. “This is one of the busiest port complexes in the entire world,” President Obama told the crowd following a tour of the Napoleon Avenue […]

  • 9 October 2012
    Business & Finance

    The Georgia Ports Authority announced yesterday that the authority posted increases across all reporting categories for the first two months of fiscal year 2013. At its Oct. 8 meeting, the GPA board heard a report from Executive Director Curtis Foltz detailing 5.6 percent growth in tonnage across July and August, with 13.8 percent growth in […]

  • 4 August 2016
    Business & Finance

    Great Lakes Dredge & Dock Corporation (GLDD) today reported financial results for the quarter ended June 30, 2016. For the three months ended June 30, 2016, Great Lakes reported revenue of $192.2 million, net loss of $1.7 million and Adjusted EBITDA of $18.3 million. Chief Executive Officer Jonathan Berger stated, “The Dredging segment performed well on several domestic […]

  • 30 September 2013

    An important milestone for the Randle Reef sediment remediation project has been reached, with the partners announcing today that all legal agreements to fund and implement the project have been completed and signed. The Governments of Canada and Ontario, the City of Hamilton, the Hamilton Port Authority, U.S. Steel Canada, the City of Burlington, and […]

  • 10 July 2014
    Business & Finance

    Orion Marine Group, Inc., a leading heavy civil marine contractor serving the infrastructure sector, today provided an update for investors on the company’s outlook and end markets. Market Outlook The company remains encouraged about the second half of 2014 and beyond, as positive developments in its various end markets continue. As expected, utilization of some […]

  • 23 December 2015
    Business & Finance

    U.S. Senator Barbara A. Mikulski, Vice Chairwoman of the Senate Appropriations Committee, has announced that the Consolidated Appropriations Act of 2016 includes $59 million to invest in the Port of Baltimore. According to Mikulski, the Port of Baltimore is an economic engine for Maryland, supporting thousands of jobs and keeping our economy rolling. “This public investment […]

  • 5 November 2013
    Business & Finance

    The U.S. Army Corps of Engineers, New York District, has awarded two contracts to repair navigation projects in Nassau County totaling approximately $13.5 million. The larger of the two contracts, for $ 9.7 million, was awarded to Weeks Marine of Cranford, N.J., to perform needed maintenance dredging of the Jones Inlet Federal Navigation Channel, with […]

  • 25 February 2011
    Vessels

      Dredging Corporation of India Limited, a Government of India Undertaking under the administrative control of Ministry of Shipping has entered into Contract with IHC, Dredgers B.V., The Netherlands, for design, construction and supply of Trailer Suction Hopper Dredger having capacity of 5500 Cu.M at a total cost of about Rs.500Cr. The vessel is scheduled for delivery in […]

  • 19 December 2012
    Business & Finance

    Congressman Tim Bishop visited the site of the Shinnecock Inlet dredge last week; he was joined by New York State Assemblyman Fred Thiele, Suffolk County Legislator Jay Schneiderman, and officials from the U.S. Army Corps of Engineers and other local officials. The dredge, part of an Army Corps project known as WOSI (West of Shinnecock […]

  • 13 September 2013
    Business & Finance

    In his State of the Port address, Georgia Ports Authority Executive Director Curtis Foltz reported record cargo volumes, an influx of new business, and more than 1 million square feet of distribution center space leased or developed. “Not only did the ports authority achieve strong growth across major segments of our business, but the private […]

  • 18 May 2011
    Business & Finance

    The U.S. Army Corps of Engineers (USACE) released its work plan for the Army Civil Works program through the end of fiscal year 2011 (FY11). The work plan details how USACE will execute the $5.065 billion Civil Works appropriation it received on April 15 when President Barrack Obama signed Public Law 112-10, the Department of […]

  • 30 October 2012
    Business & Finance

    Congressman Brian Higgins and Erie Canal Harbor Development (ECHDC) President Tom Dee marked the start of construction on a demonstration project which could lead to sand beaches along Buffalo’s Outer Harbor. “Anyone visiting Gallagher Beach this past summer knows that the public has been ahead of us on this,” said Congressman Higgins. “People are already […]