Mavi Deniz, an Istanbul based company involved in oil spill response, weed and silt removal, dredging and ship building, has signed an important agreement with UNDP. According to the contract, Mavi Deniz will supply amphibious wetlands mobile vessels and auxiliary equipment for maintenance and clean
Van Oord said in their latest business report that the results for the Dredging Segment were satisfactory, with the 2021 market recovery continuing into 2022. Consequently, revenue increased from EUR 727 million in 2021 to EUR 892 million in 2022, with increased capacity utilisation of the suction h
Dredging plays a crucial role in coastal infrastructure projects and guarantees the navigability of waterways and port access. It is crucial to understand how the process of dredging can be performed safely, efficiently and cost-effectively in combination with attention to the marine ecosystem and i
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
The principal strategic objective of Boskalis is the creation of long-term sustainable profitability. “The systematic execution of the corporate strategy, that is reviewed regularly in light of relevant developments, is key to our success. Our sustainability strategy is derived from the corporate bu
São Paulo State, in partnership with the federal government, will invest 300m reais (US$57m) in the Tietê-Paraná waterway project, BNamericas reports. Investments will be made in dredging operations to improve navigability during dry seasons, the state government said in a press release. The project
Hutchison Ports today announced a significant investment in Ain Sokhna Port, Egypt’s major port, and B100, a new container terminal in the Port of Alexandria. The total investment of the two projects is approximately $700 million, bringing Hutchison Ports’ total investment in Egypt to over $1.5 bill
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
DP World will invest $35 million in 2023 to expand and modernise its facilities located on the left bank of Brazil’s Port of Santos. The port is one of the largest and most modern private multi-purpose port terminals in the country. With the investment, the company plans to increase annual movement
A significant dredging campaign that will improve navigation in the Coomera River will soon get underway, the Queensland Government said. The Coomera River is the primary access way for a wide variety of commercial, industrial, residential, and recreational waterway users. The $2.5 million project i
Michigan Congressman Bill Huizenga yesterday announced that his office helped secure $895,000 in critical funding from the Army Corps of Engineers to ensure Saugatuck will be properly dredged for the upcoming summer season. “Harbors and rivers serve as major sources of economic activity for the comm
Russia’s port infrastructure will see a massive development in the coming years – there are infrastructure projects covering all waterways of the country. According to the Port News, in the North-West Region, Russia will build up the capacity of dry bulk terminals. In the Kaliningrad Region, the con
