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Business development

Bob Hall Pier Rebuilding Project remains on schedule
Business development

Bob Hall Pier Rebuilding Project remains on schedule

Callan Marine’s Marine Construction Division said that their crew has been hard at work on the Bob Hall Pier Rebuilding Project in Corpus Christi and remains on schedule. After Hurricane Hanna delivered a devastating blow in 2020, Nueces County officials committed to rebuilding the Bob Hall Pier, sa

about 1 year ago
Port of Barcelona awards contract for Catalunya wharf project
Business development

Port of Barcelona awards contract for Catalunya wharf project

The Port of Barcelona’s Management Board last week awarded a contract for construction of the embankment of the enclosures of the new Catalunya wharf to the JV Sacyr Construcción, SA – José Antonio Romero Polo, SAU for an amount of €72.3 million. The works will take 27 months to complete and will in

about 1 year ago
DEME’s Environmental segment on the rise
Business development

DEME’s Environmental segment on the rise

The DEME Group’s Environmental segment achieved double digit turnover growth compared to last year, the company said. EBITDA for 2024 was 44 million euro, with an EBITDA margin of 12.9%, down from 16.8% a year ago. EBITDA in 2023 included a non-recurring settlement on a completed project in the Neth

about 1 year ago
Construction of Hungarian port kicks off at Trieste, Italy
Business development

Construction of Hungarian port kicks off at Trieste, Italy

The construction of the Hungarian port has started at the Adriatic Sea in Trieste, Italy, said Levente Magyar, Parliamentary State Secretary of the Ministry of Foreign Affairs and Trade. Work is set to begin with the construction of a large section of the seawall and a 50,000-cubic meter filling on

about 1 year ago
Mega expansion at APM Terminals MVII: First shovel goes into the ground
Business development

Mega expansion at APM Terminals MVII: First shovel goes into the ground

APM Terminals Maasvlakte II has just announced the official start of the expansion of its terminal. The expansion, realized in close cooperation with the Port of Rotterdam Authority and the CareGo consortium, is set to double the capacity of APM Terminals MVII. According to APM Terminals, this will

about 1 year ago
Port of Oxelösund invests big in dredging
Business development

Port of Oxelösund invests big in dredging

The Port of Oxelösund, Sweden, is investing almost SEK 700 million ($65.7 million) in dredging, quay extension works and other marine infrastructure upgrades. According to the Port’s official statement, this is a long-term investment aimed to meet new logistics needs, while creating new business opp

about 1 year ago
Port of Salalah invests $300M in expansion program
Business development

Port of Salalah invests $300M in expansion program

The APM Terminals-operated Port of Salalah has invested $300 million in expanding and ensuring readiness for the new network under the Gemini-cooperation. The investment has included upgrades to all six existing berths and an expansion of the yard. Also, the expansion has moved the terminal from a c

about 1 year ago
DEME announces important milestone at Fehmarnbelt tunnel
Business development

DEME announces important milestone at Fehmarnbelt tunnel

DEME Group today announced an important milestone at the Fehmarnbelt tunnel project – the first two massive 73,500-ton tunnel elements for the project have successfully been floated up from the skidding beams in Upper Basin A and carefully transferred to Lower Basin A.This achievement was the result

about 1 year ago
Largest vessel to call Port of Charleston arrives at Wando Welch
Business development

Largest vessel to call Port of Charleston arrives at Wando Welch

SC Ports and the Port of Charleston, South Carolina, set a new record yesterday, receiving their largest capacity containership to date – the OOCL Iris – at Wando Welch Terminal. The record was previously held by CMA CGM’s MARCO POLO, which first called on Wando Welch in May 2021 and has a capacity

about 1 year ago
JAXPORT wraps up first of two berth expansions at Blount Island
Business development

JAXPORT wraps up first of two berth expansions at Blount Island

Contractors for the Jacksonville Port Authority (JAXPORT) have completed a year-long construction project to expand vehicle Berth 22 at the port’s Blount Island Marine Terminal. The berth is the first of two vehicle berth projects in a $60 million total initiative to increase efficiencies and accomm

about 1 year ago
NMDC Group posts full year financial results for 2024
Business development

NMDC Group posts full year financial results for 2024

NMDC Group has just announced its full year financial results for 2024, achieving an exceptional 57% Y-o-Y growth in its revenues. According to the latest news, the company grew its net profits in 4Q24, reporting a net profit of AED 916 million ($249.3 million), reflecting a 43% increase compared to

about 1 year ago
AD Ports, CMA CGM ink deal to develop New East Mole terminal in Pointe Noire
Business development

AD Ports, CMA CGM ink deal to develop New East Mole terminal in Pointe Noire

AD Ports Group has signed a shareholders agreement with the CMA CGM Group – through its subsidiary CMA Terminals – to jointly develop, manage and operate the New East Mole multipurpose terminal in Pointe Noire, Congo-Brazzaville. With the signing, AD Ports Group and the CMA CGM Group formed a joint

about 1 year ago
EXCLUSIVE: Anaklia Port Project advances with hydrodynamic testing
Business development

EXCLUSIVE: Anaklia Port Project advances with hydrodynamic testing

The Ministry of Economy of Georgia said that the Anaklia deep sea port project is advancing to the next stage – the hydrodynamic testing in the Danish capital of Copenhagen. According to the officials, the ongoing multi-day hydrodynamic impact assessment for the marine infrastructure of the port inc

about 1 year ago
Repair work underway at Shelter Island Boat Launch
Business development

Repair work underway at Shelter Island Boat Launch

The Port of San Diego said that the repair work on the west side of the Shelter Island Boat Launch Ramp is underway. Work on the west side of the launch facility will include: In June 2023, the west floating dock sustained significant damage due to sand accumulation underneath it, which caused the d

about 1 year ago
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