Business development
DEME presents Annual Report
DEME today presented its first Annual Report since listing on Euronext Brussels. In the Annual Report, they articulate how DEME continues to shape the world as it plays a key role in the energy transition and tackles global issues such as rising sea levels, a growing population, a reduction of emiss
New spring issue of the Terra et Aqua magazine
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
VIDEO: This is Neom
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
EXCLUSIVE: Boskalis wins contract for Saudi futuristic city Neom
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 concludes 2022 with sharp increase in profitability
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
DEME: Spotlight on Dredging & Infra Segment
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 achieves two records in 2022
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
Highlights of the Sustainable Financing conference in Dubai (VIDEO)
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
VIDEO: The story of DEME
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
Mawani launches $1.9B container terminal development project
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
Register for the IADC conference on Sustainable Financing in Dubai
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,
NMDC scores $272 million Suez Canal dredging contract
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
Developing Abu Dhabi’s Corniche Beach by NMDC
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
UAE President inaugurates Khalifa Port expansion project
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