Bangalore: Private port operator Gujarat Pipavav Port Ltd (GPPL) plans to raise at least Rs500 crore through an initial public offering (IPO), according to two bankers briefed on the matter. The share sale is planned for 2010, the bank officials said on condition of anonymity… Source: Livemint, Dece
NOT one of the 42 cruise ships under construction in dockyards around the world will be able to use the new White Bay passenger terminal announced by the State Government because they are too tall to pass under the Harbour Bridge… Source: Sydney Morning Herald, December 22, 2009;
HOUSTON,USA — J. Ray McDermott, S.A., a subsidiary of McDermott International, announced today the completion of a vessel transaction with Oceanteam ASA for the subsea construction vessel, North Ocean 102 (“NO102”) and a new build vessel, North Ocean 105 (“NO105”)…
USACE awarded Weeks Marine with a $ 7.9 million Cutterhead / Dustpan Dredge Rental Contract for Passes of the Mississippi River, Southwest Pass Maintenance Dredge in Plaquemines Parish, Louisiana… Source: www.fbo.gov
Aberdeen company Subocean has won tens of millions of pounds of funding to allow it to expand overseas. The private equity arm of Lloyds Banking Group (LDC)… Source: BBC News, December 21, 2009
KINGSTON, Tenn. — The Tennessee Valley Authority’s top executive says changing the way waste is stored at its power plants should reduce the risk of another disastrous coal ash spill like the one that tarnished a riverside community a year ago. But he isn’t offering any guarantees… Source: Associate
Following an Adjournment Debate at the House of Commons on off-shore dredging, led by Beverley and Holderness MP Graham Stuart, a government minister has answered a series of questions… Source: Graham Stuart, December 18, 2009;
The work will consist of mechanical and hydraulic construction of containment levees requiring deep excavation to minus 70 feet, shoreline protection, and spilbox rehab to increase the capacity of PA 14 and PA 15, and maintenance and… More info: www.fbo.gov;
EPA discusses dredging, bioremediation plans. The city’s toxic lakefront is getting closer to being repaired to make way for redevelopment… Source: Suburban Chicago News, December 19, 2009
SYDNEY (Dow Jones)–Australia’s New South Wales state government said Friday that Hong Kong’s Hutchison Whampoa Ltd. (0013.HK) has been awarded the right to operate the third container terminal at Sydney’s Port Botany, due to be completed in 2012… Source: The Wall Street journal ,December 18, 2009
Despite a recent outburst by business tycoon Harry Jayewardena who controls the blue chip conglomerate Aitken Spence, against its lead Chinese partner in the new Colombo South Harbour project, the group is dispatching its Maritime arm Chairman Parakrama Dissanayake to… Source: Nation on Sunday ,Dece
Ras Al Khaimah is going to open its first dry dock facility within a few months, an official has said. “Al Jazeera Dry Dock is going to be functional by March-April 2010… Source:Emirates Business, December 20, 2009;
The Commissioner for Waterfront Infrastructure Development, Prince Adesegun Oniru disclosed this at a meeting with management staff of the office of the Special Adviser to the Governor on Mineral Resources Development in his office at Alausa, Ikeja… Source: Sun News,December 19,2009;
THE Australian Maritime College’s (AMC) Maritime Transport Policy Centre (MTPC) and the AMC’s National Centre for Marine Conservation and Resource Sustainability have teamed up to research on what impact climate change will have on Australian ports… Source: Shipping Industry, December 17, 2009
