Forth Ports, DP World and Associated British Ports (ABP) announce today that Otter Ports Holdings Ltd, owner of Forth Ports, has acquired the 67% ownership of Tilbury Container Services Ltd (TCS) not already owned by Forth Ports from DP World and ABP. Forth Ports has been a one third shareholder in
BMT Consultants India, a subsidiary of BMT Group Ltd, the leading international maritime design, engineering and risk management consultancy, announced yesterday that it has been appointed as Lender’s Engineer by Axis Bank for the PPP (Public Private Partnership) project at Kandla Port, located in t
In a unanimous vote on Wednesday, 111 members of the South Carolina House of Representatives rebuked Gov. Nikki Haley and the SCDHEC Board, which supported a permit allowing the State of Georgia to dredge the Savannah River to deepen port facilities in Savannah. A bipartisan bill sponsored by Charle
The Martin County Board of County Commissioners approved the award of a $6.4 million dollar contract to dredge the St. Lucie Inlet to Norfolk Dredging Company of Virginia. The company met all the requirements of the bidding process and was the lowest qualified bidder, therefore winning the contract.
The UK is set to be amongst the best prepared nations for the implications of climate change following publication of a groundbreaking study into the threats the country faces. The Climate Change Risk Assessment (CCRA) highlights the top 100 challenges to the UK and their economy of a changing clima
Thailand Prime Minister Yingluck Shinawatra on Wednesday expressed desire to double trade with India to USD 14 billion by 2014 and forge … (zeenews) [mappress] Source: zeenews, January 25, 2012;
To avoid a repetition of the events that occurred as a result of the Kura River bursting its banks and in accordance with a presidential decree, the Ministry for Emergency Situations has delivered to Baku suction dredgers CSD-500 manufactured by Damen (Netherlands), as well as tugs, supply vessels a
Brad Richardson, project coordinator for the Carter Lake restoration, stated that the dredging project is set for June and July. “Part of the shoreline work will involve some spot vegetation kills with chemicals and use of a weed harvester,” he added. During the Omaha meeting, Richardson and other o
Kingston Wharves Limited (KW) is seeking to raise $1.8 billion from Jamaica Producers Group (JP), in order to further prepare for the huge… BY CAMILO THAME (jamaicaobserver) [mappress] Source: jamaicaobserver, January 25, 2012; Image: fsl.org
APM Terminals was presented with The Gerald H. Halpin Safety Excellence Award for 2010-2011 by the Signal Mutual Indemnity Association last Friday, as the APM Terminals’ operations in the United States were cited for Signal’s highest award. The Halpin Award is given in special recognition of the Sig
The Southside Belize dredging project has take another major step forward. Two days ago, Minister Anthony “Boots” Martinez, his deputies, and other stakeholders have signed a plan to dredge the canals that run through various sections of Southside Belize City. “We are looking forward to this in term
History has proven that hurricanes have no mercy when it comes to damages and losses, and rebuilding can cost towns millions of dollars… (wect) [mappress] Source: wect, January 25, 2012;
Fitch Ratings expects to rate Caucedo Investments Inc.’s (Caucedo) US$180 million senior secured notes ‘BB-‘. The rating outlook is stable. Caucedo’s geographic location in the Caribbean and adequate intermodal capabilities and inland accessibility enable Caucedo (the port) to lead the port market s
As part of the adaptive approach to manage the dredging project, a voluntary suspension of cutter suction dredging is in place. Yesterday, cutter suction dredging operations were stopped. The decision was taken in response to high turbidity recordings in the Western Basin to allow turbidity levels t
