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Business & Finance, Equipment, Technology, Vessels
FSUE Rosmorport and Krasnoye Sormovo Shipyard, part of United Shipbuilding Corporation OJSC, signed a contract for the design and construction of three dredging vessels. Upon completion, the dredgers will be delivered to Ust-Luga Port, Big Port St. Petersburg and Tuapse Port. The agreement was inked with the active participation and assistance of MNP Group. MNP […]
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S. B. Submarine Systems Co., Ltd. (SBSS) is China has completed Panyu Trenching and Liwan Grouting project in South China Sea. After SBSS and its customer, COOEC, signed the contract, SBSS mobilized the Bold Maverick to serve its customer’s needs. The work included 8.4KM Pipeline trenching Work by REEF T8000 Trencher for three segments (Panyu) […]
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Business & Finance, Equipment, Technology
IHC Merwede has successfully named and launched the 23,545kW self-propelled cutter suction dredger ‘AL BAHAR’ C/D HUTA 12 in a ceremony on 8 March 2014 at the company’s shipyard in Kinderdijk, The Netherlands. The ceremony was performed by Ms. Sylvia Wuebbens, the daughter of Mr. M. Wuebbens, the Managing Director of Huta Marine Works. The […]
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ABP Finance Plc announces that ABP Acquisitions UK Limited, a fellow subsidiary of ABPA Holdings Limited, has today signed a £70m loan agreement with the European Investment Bank. Proceeds from the loan will be used to fund part of the costs of the further development of the container terminal at the Port of Southampton. Furthermore, […]
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The Rewa River dredging program has officially commenced, according to fbc.com.fj. Commissioner Central Lt Col Laisenia Tuitubou said that China Development Company, the contractor, is dredging in front of the LWRM office across the Nausori Airport at the moment. “They have signed an agreement for some social projects where these villagers benefit from the dredging,” […]
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Ministry of Housing and Infrastructure signed a contract with Maldives Transport and Contracting Company (MTCC) for the construction of harbor at LH. Kurendhoo Island. The project, which is funded by the Government of Maldives, costs approximately MVR 40 million and the works have to be completed within 365 days. Under this project, harbor will be […]
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Malaysian Maritime and Dredging Corporation is facing government punishment for not completing Karnaphuli capital dredging project, chairman of the Parliamentary Standing Committee (PSC) on Shipping Ministry Rafiqul Islam announced. The Malaysian firm signed a contract with the Chittagong Port Authority on April 28, 2011 to conduct the dredging project, which was supposed to be concluded […]
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On July 5, No. 19 berth and yard project in Mombasa, Kenya, undertaken by China Road & Bridge Corporation (CRBC), was launched. The project is the first port construction project undertaken by CRBC in Kenya, was signed between CRBC and Kenya Ports Authority, and is a project with a spot investment from the Kenyan government, […]
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Business & Finance, Project & Tenders
China Harbour Engineering Company Ltd. (CHEC), a subsidiary of China Communications Construction Company Ltd., has won its first dredging contract in Vietnam. The company recently signed the agreement for the Lot 12 of the Duyen Hai power plant dredging project. The contract, worth approx $9 million, includes removal of over 2 million cubic meters of soil […]
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CCCC has recently concluded a strategic cooperation framework agreement with Rizhao Port Group Co., Ltd. (RZPGC). Wang Haihuai, general manager of the Dredging Division of CCCC and Kong Xianlei, vice chairman and vice general manager of RZPGC signed the agreement on behalf of respective sides. Under the agreement, the two sides will, under the principles […]
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The Jawaharlal Nehru Port Trust (JNPT) has terminated the contract awarded to Singapore’s PSA International to build its fourth container terminal. The JNPT took action as the Singapore government-owned port operator failed to sign a concession agreement; a document that sets the terms and conditions of a contract and puts a project in motion. This […]
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Business & Finance, Equipment, Technology
The South Florida Water Management District Governing Board approved a resolution signing on as the local sponsor of the Central Everglades Planning Project (CEPP) and affirming the District’s financial capability for the project. Regarding this, Governor Rick Scott issued a following statement: “We’re committed to restoring and protecting water quality for families along the St. […]
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The Kulhudhuffushi Airport runway project has been awarded to the Maldives Transport and Contracting Company (MTCC), local media reports. In a ceremony held on 12th February, the Director General of Regional Airports, Saamy Ageel, and CEO of MTCC, Ibrahim Ziyath, signed the $3.3 million agreement. Under the contract, set to be completed within 160 days, the company […]
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The Sultan of Johor, Sultan Ibrahim Almarhum Sultan Iskandar, said that the RM22bil Mersing Laguna project had been cancelled after the developer failed to fulfil a condition in the agreement. “The developer, Radiant Starfish Development Berhad, had failed to raise the paid-up capital to RM200mil within six months as required under the agreement signed on […]
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An agreement has been signed between the Port of Pascagoula and the U.S. Army Corps of Engineers for initiating a project at the triple barrel dredging material disposal site. This Project Partnership Agreement states that the port and Corps will share the cost of construction worth $5.5 million. The port will secure $977,000 and the […]
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The Republic of Lithuania Port of Klaipeda and the Philadelphia Regional Port Authority (PRPA) signed an historic Memorandum of Understanding that promises to open Philadelphia ports to the European and Asian shipping trade via the ice-free port of Klaipeda, the Lithuanian port city on the eastern coast of the Baltic Sea. Lithuania’s Transport and Communications […]
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The Minister of Shipping Shri G.K. Vasan has dedicated two terminals of the Kandla Port to the nation. Speaking on the occasion at a function in Bangalore two days ago, he said that this port since its inception and especially in the last decade has grown from strength to strength fuelling growth of Kutch, Gujarat […]
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U.S. Senator Mary L. Landrieu, D-La., yesterday celebrated the passage and signing of the RESTORE Act with a five-stop coastal Louisiana tour to highlight the positive impacts of the new law on the state’s parishes and local communities. The RESTORE Act, which was introduced by Sen. Landrieu and will dedicate 80 percent of BP penalties […]
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In last two years, there are many developments and changes in the Middle East and North Africa. Many countries have had problems because of freedom, human rights, fuel fights, politics and many others. One of these countries is Yemen in Middle East. Portunus Port Spares and Services had published a contract signing with DP World […]
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Business & Finance, Equipment, Technology, Vessels
Royal IHC has signed a contract for the design, construction and delivery of a 4,200m³ trailing suction hopper dredger (TSHD) with Administración Nacional de Puertos (ANP) in Montevideo, Uruguay. The contract was signed by Mr Alberto Diaz Acosta, President of the Board of Directors of ANP, Mrs Gladis Liliana Peirano Rivero, Interim General Secretary of […]
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The Minister for Agriculture, Food and the Marine, Michael Creed T.D., last month attended the signing of a contract for a €23.5 million, 216m long quay development project and associated works on Dinish Island, Castletownbere. Commenting the signing of the document with contractor L&M Keating Ltd, Minister Creed said: “This is a very significant investment […]
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The United Arab Emirates, which is the largest foreign direct investor in Sri Lanka among Gulf Cooperation Council countries and the world’s fourth largest oil exporter, is planning to undertake large scale investments in Sri Lanka. The newly-appointed Ambassador for the United Arab Emirates to Sri Lanka Abdul Hamid Abdul Fattah K. Al Mulla has […]
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The USACE New Orleans District Commander Col. Michael Clancy and Coastal Protection and Restoration Authority of Louisiana Board Chairman Chip Kline signed a partnering agreement on January 25 to design hurricane and storm damage risk reduction features in Calcasieu, Cameron and Vermilion parishes. Commenting the latest news, Louisiana Governor John Bel Edwards, said: “Southwest Louisiana […]
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Governor Pat Quinn has signed legislation allowing critical repairs to proceed on the Big Muddy Levee in Jackson County. The county received funds for the project as a result of a referendum approved by voters, but legislative approval was needed to spend those funds on levee repairs. “When it comes to public safety for the […]
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Business & Finance, Equipment, Technology, Vessels
A contract has been signed with the Tianjin Dredging Company, part of the China Communication Construction Company (CCCC) and the recently founded Dredging Group, under which Wartsila will supply the engines and all essential ancillaries for a new self-propelled cutter dredger. The vessel will be one of the largest and most advanced vessels of its […]
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Global maritime contractor Van Oord has signed a five-year partnership agreement with Shell Marine covering the lubrication needs for its entire fleet of vessels. The all-inclusive agreement was acknowledged in a special ceremony, staged at the Van Oord headquarters in Rotterdam, where Jaap de Jong signed on behalf of Van Oord and Inbar van de […]
