Debt-laden Dutch builder Royal BAM said it had negotiated new covenants and maturities for its loans with banks, paving the way for its planned 250 million euros ($349.5 million) rights issue. Saddled with debt after suffering heavy loses in the property market, the largest listed construction group
Marsa Al Nejoum Real Estate has unveiled the master plan of its waterfront Nujoom Islands project in Sharjah. The firm is the UAE-based development arm of master developer Al Hanoo Holding.The agreement has been signed with Los Angelesbased design firm Creative Kingdom… [mappress] Source:emiratesbus
Titanium Resources Group Ltd is pleased to announce that following the mediation at the end of March, a final settlement has been reached with all remaining insurers in its subsidiary Sierra Rutile Limited’s legal action relating to the capsize of Dredge D2 in July 2008… [mappress] Source:trg,April
Japan’s Itochu Group has submitted a proposal to Vietnam’s Ministry of Transport in cooperation with Vinalines to develop the Lach Huyen port in Hai Phong. Under the proposal, Itochu will invest US$160m to construct two container berths, with the Vietnamese government investing US$260m… [mappress] S
For generations, the islands of Jamaica Bay, the 26-square-mile natural sanctuary off the Brooklyn and Queens shoreline that is home to hundreds of species of migratory birds and marine life, have been disappearing, victims of environmental neglect. A combination of factors, including development… [
Leica Geosystems releases its next-generation, cutting-edge, 3D guidance system for excavating construction machines, Leica PowerDigger 3D. Leica PowerDigger 3D expands Leica Geosystems’ unique PowerSnap concept, which provides total flexibility and interchangeability of machine control… [mappress]
The Volta River Authority (VRA) has completed dredging the estuary of the Volta River at Ada-Foah that it started in February. The dredging is aimed at increasing salinity by sea water intrusion into the river to reduce the incidence of bilharzias and to restore the ecosystem in the area… [mappress]
HENDERSON — Dredging to improve navigation through the small channel connecting Lake Ontario to Henderson Harbor will begin Wednesday. The town of Henderson has received permission needed from Dr. Nak K. Shim, owner of Association Island, to access his property before fish spawning was in full swing
Ideas for improvements at Parnell’s Judges Bay are being sought before a concept design is developed. The Auckland City Council plans to spend $5 million to make the bay more attractive, with a sandy, all-tide beach… [mappress] Source:EastandBaysCourier,April 26,2010;
Environmentalists say whales that stop at Malaga Bay would suffer. Businesses say it would give a vital edge in global trade. Aproposal to build a container port in a pristine bay on Colombia’s coast frequented by humpback whales has raised an outcry among environmentalists who say the project… [map
Twenty years ago, a massive dredging effort to deepen 103 miles of the mighty Columbia River held the promise of securing Oregon’s connection to the rest of the world… [mappress] Source:oregonlive,April 25,2010;
Today marks the closing date for receipt of tenders for the design and building contract for a new harbour development in Doolin… [mappress] Source:clareherald,April 25,2010;
Metro Vancouver’s marine communities complain that rising silt levels in the region’s secondary channels are leaving them high and dry and threatening to cause widespread chaos in the region. At times, commercial fishermen have to wait hours to get into Steveston Harbour to deliver their catch… [map
An initiative has now been launched to halt illegal land reclamation and sand dredging in Bahrain. A fleet of fully equipped boats will soon be roaming the country’s waters to catch and report offenders. Two boats, crewed by environmental experts and inspectors from the Public Commission for the Pro
