Mersin International Port Management Inc. (MIP), a joint venture between PSA International, Akfen and IFM, launched its $455 million East Med Hub 2 (EMH2) Project last week. The ceremony was graced by the attendance of Mersin Governor, Ali Hamza Pehlivan, and Deputy Governor, Ibrahim Küçük, Commande
En. Ruslan Bin Abdul Ghani, Group Chief Executive Officer (CEO) at Bintulu Port Holdings Berhad, accompanied by Pn. Zarifina, GM Health Safety & Environment, and En. Safuan, GM Group Maintenance & Reliability, toured the dredging works at the water boundary of Samalaju Port yesterday. According to t
DEME Group announced the third quarter results today. On a year-to-date basis, group turnover grew 16%, led by Offshore Energy and Environmental. “Our orderbook remains high reflecting healthy demand, strong market positioning and sizeable wins in both Offshore Energy and Dredging & Infra,” said the
The second phase of the Tema Port Expansion Project was officially launched last week by Ghana’s President Nana Addo Dankwa Akufo-Addo. The second phase of Tema Port Expansion Project encompasses the paving of an expansive 270,000-square-meter area, expanding the terminal’s footprint from 100 hectar
Royal Boskalis B.V. said that they have completed a historically good third quarter. Boskalis is thereby on course for a very strong full year result on the back of a good first half of the year. Fleet utilization was high and there was an increase in revenue and results at all divisions, particular
DE Klop B.V. has just announced the acquisition of Machinefabriek De Hollandsche Yssel, a renowned name in the dredging industry. According to the officials, the strategic move is an important step towards further growth of both companies and will lead to better service for customers in the dredging
Jan De Nul Group has just released this amazing video named ‘Gdynia, improving the port’s accessibility with an diverse dredging fleet’. In northern Poland along the Baltic Sea lies Gdynia. Historically a small fishing village, but this changed in the 1920s. Eager to take the region to a higher econ
Works are progressing well at the DP World London Gateway Port Berth 4 extension project, McLaughlin & Harvey Ltd said. Due to increasing container trade and container vessel visits, the current port development had reached capacity and the quay needed to be extended and a fourth berth created. New
The U.S. International Development Finance Corporation (DFC) has committed more than half a billion dollars to support the development of a deepwater shipping container terminal in the Port of Colombo in Sri Lanka. DFC Chief Executive Officer (CEO), Scott Nathan, traveled to Sri Lanka recently to la
Great Lakes Dredge & Dock Corporation (GLDD) today reported financial results for the quarter ended September 30, 2023, saying that the revenue was $117.2 million for the third quarter. Also, total operating loss was $5.1 million for the third quarter, net loss was $6.2 million and adjusted EBITDA w
In a prior information notice (PIN) published on 31 October, Associated British Ports (ABP) said that they are looking to appoint a lead contractor or consortium to undertake the construction of the Immingham Green Energy Terminal (IGET) and associated marine infrastructure works. The estimated valu
Work on the Abu Qir Port Project in Egypt is moving forward. This vast program, undertaken by DEME, included the reclamation of 1,000 hectares of new land, the deepening of the port’s approach channel to 23m and the dredging of a turning basin to 22m. This ambitious megaproject creates land for the
Mxtv today released the latest video update from the New Manila International Airport (NMIA) – the largest land reclamation project in Boskalis’ history. Under this capital development scheme, around 1,700 hectares of land will be developed for the new facilities, located around 20 kilometers north
Urbanco has just announced the successful completion of the first phase of Thilafushi Phase II development project in the Maldives. According to Urbanco, the land reclamation operations – measuring 39.6 hectares – at Area B are now complete, and preparations for the reclamation works of Area A are u
