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  • 13 September 2011

    Fitch Ratings has assigned an ‘AAA’ rating to the following Port of Houston Authority, Texas’ unlimited tax limited bonds (ULT): -$49.45 million ULT refunding bonds, series 2011 (AMT/Taxable). The series 2011 bonds are scheduled for negotiated sale on Sept. 20, 2011. Proceeds from the sale will be used to refund outstanding bonds for interest savings. […]

  • 7 January 2014
    Business & Finance, Equipment, Technology

    2013 was a remarkable year for global marine terminal operator DP World. Despite challenging market conditions and uncertainties that impacted the industry, the company maintained its focus on improving efficiencies, expanding capacity, enhancing its position as one of the top industry leaders globally and driving profitability. As a premier partner in the UAE’s successful bid […]

  • 11 July 2011

    DEME Group christened the ‘mega’ trailing suction hopper dredger ‘Congo River’ (hopper capacity 30,000 m3) and the DP2 fall pipe vessel ‘Flintstone’ in the outer port of Zeebrugge. Olympic tennis champion Justine Henin is the godmother of the ‘Congo River’. The ‘Flinstone’ was christened by Olympic high jump champion Tia Hellebaut: a unique ‘e-christening’, as […]

  • 17 November 2014
    Business & Finance, Project & Tenders

    The U.S. Army Corps of Engineers, Charleston District, has released a summary of project activities and accomplishments for Fiscal Year 14.  The Charleston District has a unique and varied program that grows larger every year. The programs include the Civil Works, Regulatory, Military, and International and Interagency Support (IIS) programs, serving a diverse group of customers not only […]

  • 1 June 2012

    Dredging and capping of contaminated sediments in Onondaga Lake is set to begin this summer, New York State Department of Environmental Conservation (DEC) Commissioner Joe Martens announced at an event in Syracuse yesterday. The $451 million Superfund remediation project has undergone five years of design and engineering, with preparation for dredging and capping now underway. […]

  • 9 May 2012

    Port of Salalah has welcomed executives and representatives from the shipping world’s largest shipping lines and principal customers in the local market to the handling of its 30 millionth TEU (Twenty Foot Equivalent Unit) container recently. The distinguishing aspects of Port of Salalah, the second largest port in the region, including its direct connections to […]

  • 13 December 2013
    Business & Finance, Equipment, Technology

    Louisiana State Senator A.G. Crowe’s vision of making America more competitive and capitalizing on the Gulf of Mexico’s deep-water resources has taken a major step forward –the Louisiana International Gulf Transfer Terminal Regional Center (LIGTT RC) has received approval from the U.S. Citizenship and Immigration Services (USCIS). This will allow development of the largest transshipment […]

  • 1 March 2012
    Business & Finance

    Orion Marine Group, Inc., a leading heavy civil marine contractor, today reported a net loss for the three months ended December 31, 2011, of $5.2 million ($0.19 diluted loss per share). These results compare to net income of $3.0 million ($0.11 diluted earnings per share) for the same period a year ago. For the full […]

  • 19 September 2012
    Business & Finance, Equipment, Technology

    When it comes to communications on a ship, the ideal situation for crew members is when their shipboard communications, such as e-mail, the Internet, telephone and other applications, work much the way they do in their offices on land. This is an area that Product Manager, Defense Wide Transmission Systems, or PdM DWTS, part of […]

  • 1 December 2011
    Business & Finance, Equipment, Technology

    As port and other infrastructure developments gear up in Vietnam to handle a strongly-growing economy, foreign investment in the manufacture of construction products continues apace. In its first production base for infrastructure materials outside of Japan, Nippon Steel has set up a company for the manufacture of steel pipe piles used for wharf pilings, motorway […]

  • 5 August 2014
    Business & Finance, Equipment, Technology

    Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States and a major provider of environmental and remediation services, today reported financial results for the quarter ended June 30, 2014. For the three months ended June 30, 2014, Great Lakes reported Revenue of $184.7 million, Income from continuing operations […]

  • 18 December 2013

    Governor Bobby Jindal, officials from the Coastal Protection and Restoration Authority (CPRA), Department of Economic Development and the Baton Rouge Area Foundation (BRAF) joined leaders from the City of Baton Rouge, The Water Institute of the Gulf, Louisiana State University and other coastal research institutes to unveil plans for the establishment of The Water Campus […]

  • 17 December 2013
    Business & Finance, Equipment, Technology

    In a year filled with budget cuts, hiring freezes, a reduction in staffing and a government shutdown, the U.S. Army Corps of Engineers Galveston District worked diligently to increase understanding of the Corps’ mission of providing vital public engineering services in peace and war to strengthen the nation’s security, energize the economy and reduce risks […]

  • 20 April 2015
    Business & Finance

    Long term planning and oversight of the U.S Army Corps of Engineers (USACE) dredging operations on the Great Lakes is the responsibility of Brig. Gen. Richard G. Kaiser, USACE Great Lakes and Ohio Rivers Division Commander. Recently Brig. Gen. Kaiser, who grew up in Racine, Wisconsin along the shores of Lake Michigan, explained the challenges, […]

  • 12 February 2018
    Business & Finance

    Sinn Féin Foyle MLA, Karen Mullan, said in its latest announcement that she has welcomed progress from the Department for Infrastructure on carrying out assessments to identify potential flood risks in the Ivy Mead area of Derry. A number of homes were severely damaged in the aftermath of adverse flooding that took place in areas […]

  • 30 March 2015
    Business & Finance, Equipment, Technology, Vessels

    The Dutch dredging vessel Seine arrived at Damietta Port last week to initiate a major deepening operation of the access channel. Damietta Port Authority (DPA) heralded the new year with increasing port’s safe navigation at the access channel to 14 meters instead of the long declared 13,25 meters limit. Practically, Seine’s work is going to […]

  • 3 August 2010
    Business & Finance

    Great Lakes Dredge & Dock Corporation –  the largest provider of dredging services in the United States and a major provider of commercial and industrial demolition services, today reported financial results for the three and six months ended June 30, 2010. Commentary Douglas B. Mackie, President and Chief Executive Officer, said, “Great Lakes had a […]

  • 12 March 2012

    Sinn Féin Foyle MLA Raymond McCartney has written to the British Secretary of State Owen Paterson and the Port and Harbour Commission to ascertain ownership of the seabed of the River Foyle . His call comes following continuing wrangling over ownership of the seabed of the River Foyle and the legal and financial implications that […]

  • 12 April 2012

    After 15 years of study, the United States Army Corps of Engineers (USACE) announced that it had released the final documents for the Savannah Harbor Expansion Project (SHEP) for review by state and federal agencies and the general public. Following the report, some officials made these comments: Rick Gabrielson, Director of International Transportation, Target and […]

  • 27 March 2013

    A government expert said siltation at the mouth of the Cayanga River in San Fabian town has reached an alarming level causing the formation of two islets and impeding river flow. Jose Lignes Jr., senior geologist at the Mines and Geosciences Bureau in the Ilocos Region, said the river needs immediate dredging as several towns […]

  • 19 December 2017
    Business & Finance

    Sinn Fein TD for Wicklow/East Carlow, John Brady, has received an update from the Environmental Protection Agency about the coastal protection works at Bray North Beach landfill. Commenting the latest information on this capital coastal scheme, John Brady said: “After numerous discussions with Dún Laoghaire Rathdown County Council, Wicklow County Council and the EPA for many months, […]

  • 11 April 2013
    Business & Finance

    The Avalon Bor­ough Coun­cil voted unan­i­mously on Wednes­day evening, April 10th, to approve a new study that will exam­ine fea­si­bil­ity of a groin field and other pro­tec­tive mea­sures that would pro­vide greater resiliency for the Bor­ough during future coastal storm events. The res­o­lu­tion to award the con­tract for the study was approved by a unan­i­mous […]

  • 27 June 2014
    Business & Finance

    Sinn Féin Louth TD Gerry Adams has welcomed the decision by the Minister for Agriculture, Food and the Marine, Simon Coveney, to approve a Foreshore Licence for maintenance dredging works at Annagassan Harbour, at Castlebellingham. The Minister has agreed that the licence should be issued to Louth County Council as a priority. Adams said: “Growing […]

  • 23 May 2016
    Business & Finance, Equipment, Technology

    Guwahati Metropolitan Development Authority (GMDA) has started a massive project to refurbish its water bodies. In order to achieve this, GMDA decided to go with REMU Big Float 1400 amphibious excavator that will be used for dredging of the overgrown lake. According to GMDA CEO, Shri. Anurag Sing, one of the reasons to choose the Big Float dredger was its ability […]

  • 13 May 2014
    Business & Finance, Equipment, Technology

    Plans to help prevent significant flooding in parts of Somerset and improve the county’s roads moved a step closer this week after a key decision. Proposals totalling more than £20m were rubber-stamped yesterday by Councillor Harvey Siggs, Somerset County Council’s Cabinet member for Highways. Councillor John Osman, the Leader of Somerset County Council, last month […]

  • 23 November 2011

    Abounding community undertakings and construction projects around Borne are heading into the Thanksgiving Day weekend. One of these ongoing activities is Hen Cove channel dredging in Pocasset. Meanwhile, new steel structural beams have been installed at the Singing Bridge across the Pocasset River at Shore Road. In order to enable full travel flow in both […]