International Association of Dredging Companies (IADC) has published the latest issue of the Terra et Aqua magazine. As always, Terra et Aqua talks about the dredging projects as well as the topics of safety, socio-economics, technical innovations and the environment. The spring issue #169 includes
Neom is not a city. It is a place that will be made up of a number of regions – including the linear city The Line, center for advanced and clean industries Oxagon, the mountain destination Trojena and the luxury island resort Sindalah. Neom is arguably the world’s largest and most controversial arc
Boskalis has won a contract for a Red Sea port development to service a new futuristic city in Saudi Arabia – Neom. Early 2023, the Dutch giant was awarded “a significant contract for the development of a port on the Red Sea coastline of Saudi Arabia as the first step in the development of a [&helli
Boskalis concluded 2022 with a sharp increase in profitability with a strong increase in revenue. Compared to last year, revenue increased by 21.0% to EUR 3.58 billion (2021: EUR 2.96 billion). Also, EBITDA increased by 30.7% to EUR 604 million (2021: EUR 462 million) and operating profit increased
Earlier this week, DEME Group released the full year results for the last year. In their official statement, they said that the Dredging & Infra segment achieved a turnover of 1,524 million euro year-to-date, 3% higher than a year ago. While the orderbook decreased 8% it is still at a solid level of
DEME Group has just released the full year results for the last year. According to their official statement, DEME achieved two records in 2022: an orderbook of more than 6 billion euro and an all-time high turnover at 2,655 million euro, an increase of 6% year-over-year. There was healthy demand in
Professionals in the fast changing world of finance, dredging or related sectors visited the IADC conference “Financing Sustainable Marine and Freshwater Infrastructure” which was held on 9 February 2023 in Dubai. All participants recognised the importance of sustainable projects. Investors have gre
Innovation has always been the growth engine for DEME Group. The world leader in the highly specialised fields of dredging, land reclamation, marine infrastructure, offshore energy and environmental remediation, last week released this amazing video named ‘The story of DEME’. According to Luc Vanden
The Saudi Ports Authority (Mawani) yesterday launched a project worth SR7 billion ($1.9 billion) to upgrade and develop two container terminals at the King Abdulaziz Port in Dammam. The project has been awarded to the Saudi Global Ports on a build-operate-transfer basis. Mawani President Omar Hariri
How can private capital accelerate the green transition in marine and freshwater infrastructure, is the overarching question that will be explored at the IADC conference “Financing Sustainable Marine and Freshwater Infrastructure” on Thursday, 9 February 2023 in Dubai, UAE. At this 1-day conference,
National Marine Dredging Company (NMDC) has won a contract worth AED 1 billion ($272 million) for dredging works in Egypt’s Suez Canal. The job will include dredging operations on the waterway’s 122-132 KM section. The project is expected to be completed in 2023, the company said in a bourse filing
National Marine Dredging Company (NMDC) has contributed to the development of the Abu Dhabi Corniche Beach in the UAE. Their work included extending the Corniche to Airport Road, dredging and shaping sand to form new beaches, and protecting the beach by floating barriers and marker buoys. Approximat
His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, inaugurated Khalifa Port’s expansion – a major development project with a total investment of AED 4 billion. His Highness was briefed by His Excellency Falah Mohammed Al Ahbabi, Chairman of AD Ports Group, and Capt. Mohamed Juma
At the UN Water Conference in New York, 22-24 March 2023, a new initiative to accelerate climate adaptation called the International Panel on Deltas and Coastal areas (IPDC) will be launched. This new initiative by the Dutch Ministry of Infrastructure and Water management will focus on solutions tha
