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Commissioners OK Port of Los Angeles FY 2018/19 Bugdet
Business & Finance

Commissioners OK Port of Los Angeles FY 2018/19 Bugdet

The Los Angeles Board of Harbor Commissioners has approved a $1.3 billion fiscal year (FY) 2018/19 annual budget for the Port of Los Angeles. The budget focuses on priorities set out earlier this year in the Port’s revised 2018-2022 Strategic Plan, which calls for a focus on growth-supporting infras

about 8 years ago
AAPA Supports Water Resources Development Act
Business & Finance

AAPA Supports Water Resources Development Act

In voicing their support for the U.S. House of Representatives passing the 2018 Water Resources Development Act (WRDA), the American Association of Port Authorities (AAPA) yesterday hailed this legislation as providing policy revisions to improve and streamline product delivery in the USACE’s naviga

about 8 years ago
DSC Dredge and Stichweh Join Forces
Business & Finance

DSC Dredge and Stichweh Join Forces

DSC Dredge LLC and Stichweh LLC have entered into a manufacturer’s cooperation agreement to promote each other’s products. Stichweh, LLC is a joint venture company formed with Andrew Snoby and Richard Snoby and SMT-Stichweh Maschinen & Service GmbH (Germany). The main product of SMT-Stichweh, which

about 8 years ago
Baker-Polito: $1.6M for New Bedford Dredging
Business & Finance

Baker-Polito: $1.6M for New Bedford Dredging

Massachusetts State Representative, William Straus, said in his latest announcement that the Baker-Polito Administration has reached an agreement with the City of New Bedford to fund the planning process for further dredging of the city’s harbor. According to the official release, the state is grant

about 8 years ago
Phase III of Saqr Port Dredging Starts This Month
Business & Finance

Phase III of Saqr Port Dredging Starts This Month

Phase III of dredging work in connection with the Saqr Port Berth Extension Project is scheduled to begin on 24th June. These dredging operations, to be undertaken near RAK Maritime City approaches, are set to last approximately four weeks. According to the latest Notice to Mariners issued by RAK Po

about 8 years ago
Funding Announced for Charlottetown Marine Terminal
Business & Finance

Funding Announced for Charlottetown Marine Terminal

Sean Casey, Member of Parliament for Charlottetown, has announced funding of over $12 million towards the expansion of the Charlottetown Marine Terminal, the Government of Canada said in their recent announcement. The Governments of Canada and Prince Edward Island (PEI) are both contributing up to $

about 8 years ago
Record Dredging Year for Broads Authority
Business & Finance

Record Dredging Year for Broads Authority

The Broads Authority is celebrating a record breaking year for its dredging operations team reaching 110% of their estimated dredging target figure. Each year the Broads Authority Construction Team aims to remove around 50,000m³ of accumulated sediment from the rivers and broads in the national park

about 8 years ago
Merko Ehitus Wins Hundipea Port Development Project
Business & Finance

Merko Ehitus Wins Hundipea Port Development Project

AS Merko Ehitus Eesti, part of AS Merko Ehitus group, said in their latest announcement that they have won a contract for the Hundipea Port Development Project in Estonia. According to the official statement, the works will include a significant amount of dredging operations and reconstruction of qu

about 8 years ago
The IJmuiden Sea Lock Project – June Update
Business & Finance

The IJmuiden Sea Lock Project – June Update

The construction of the lock gate chamber of the outer head, which is part of the IJmuiden Sea Lock Project, is scheduled for near completion in June, reports the Port of Amsterdam. The diaphragm walls for the guard walls will also be constructed this month, just like the flood defense between the n

about 8 years ago
New Electric Bucketwheel Dredge from Ellicott
Business & Finance

New Electric Bucketwheel Dredge from Ellicott

In 2017, a petrochemical customer approached Ellicott Dredges about building a customized electric bucketwheel dredge. The customized dredge had to be designed to withstand desert-like conditions, the Baltimore-based builder of medium sized cutter suction dredges said in its announcement. The most s

about 8 years ago
Bethany Beach Work Kicks Off
Business & Finance

Bethany Beach Work Kicks Off

Repair work began last week on the dune and berm at Bethany Beach, Delaware, to help get the community ready for Hurricane season, the U.S. Army Corps of Engineers’ Philadelphia District said in their latest announcement. USACE’s contractor, Great Lakes Dredge and Dock Company (GLDD), is set to plac

about 8 years ago
Dredge Goetz Removing Sediment from Mississippi River
Business & Finance

Dredge Goetz Removing Sediment from Mississippi River

The U.S. Army Corps of Engineers, St. Paul District, dredging crew is working hard to remove sediment from the Mississippi River channel near Wabasha, Minnesota. The Corps uses dredge Goetz to remove the material, placing it on Crats Island, one of the district’s dredge material placement sites acro

about 8 years ago
U.S. House of Representatives Clears Water Resources Development Act
Business & Finance

U.S. House of Representatives Clears Water Resources Development Act

The U.S. House of Representatives yesterday approved the Water Resources Development Act (WRDA) of 2018 (H.R. 8), bipartisan legislation that provides for improvements to the Nation’s ports, inland waterways, locks, dams, flood protection, ecosystem restoration, etc. According to the official U.S. H

about 8 years ago
Philippines, KEXIM Ink Loan Pact for Cebu Port Project
Business & Finance

Philippines, KEXIM Ink Loan Pact for Cebu Port Project

The Export Import Bank of Korea (KEXIM) has signed a loan grant contract with the Department of Finance of the Philippines to support the Cebu New Port Construction Project with $173 million in the Economic Development Cooperation Fund (EDCF). The capital port development project, to be located in t

about 8 years ago
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