DEME Group announced its 3Q2022 Trading Update today. The orderbook remains high reflecting healthy demand, strong market positioning and sizeable wins for both Offshore Energy and Dredging & Infra. On a year-to-date basis, Group turnover grew 14%, led by Offshore Energy and Environmental and slight
Offshore Energy Exhibition & Conference 2022 (OEEC) will open its doors in less than two weeks. On the 29 & 30 November, the entire industry comes together in RAI Amsterdam to connect, discuss, share knowledge, meet and network. Content program Different markets meet under one roof to foster busine
The Saudi Ports Authority (Mawani) has signed two contracts with major contractors PC Marine Services and Modern Building Leaders (MBL), the latter in consortium with HutaHegerfeld Saudia Ltd, to deepen and build new berths at Jeddah Islamic Port with a total of SAR642 million ($170.7 million). The
AD Ports Group has installed the first 90-tonne block for the quay wall of the new CMA Terminals Khalifa Port, marking the major development milestone with a special ceremony. The development of the new terminal is on track with budgeted capital expenditure of AED 3.3 billion ($898 million). The ter
His Royal Highness, Prince Mohammed bin Nasser bin Abdulaziz, the Governor of Jazan Region, inaugurated the Port of Jazan City last week. His Royal Highness, Prince Mohammed bin Abdulaziz, the Deputy Governor, and the Minister of Industry and Mineral Resources, the Minster of Investment as well as o
Finding the balance between protecting coastline structures and conserving the environment is an important task. Nowadays, extreme climate events, such as droughts and flooding, are occurring at an increasingly alarming rate worldwide. Also, sediments and floating debris collect on structures during
James Fisher and Sons (James Fisher) and Abu Dhabi-based National Marine Dredging Company (NMDC) Group have signed a Memorandum of Understanding (MoU) to collaborate on key projects and opportunities in the oil and gas sector as well as decommissioning, offshore wind, and marine civil construction i
A new white paper from Wetlands International, released on June 21, 2022, reveals the critical need to restore wetlands – with urgency and at scale. The report, developed in cooperation with Witteveen+Bos and Deltares, outlines a simplified methodology for quantifying the ecosystem-based carbon foo
AD Ports Group has signed an agreement with the National Marine Dredging Company Group (NMDC Group) to establish a new joint venture. According to their official statement, the new JV will be dedicated to delivering offshore surveys and subsea services in the UAE, across the GCC region, as well as i
Dredging Corporation of India Ltd (DCI), which is under the administrative control of the Ministry of Ports, Shipping and Waterways, and National Marine Dredging Company (NMDC) signed a memorandum of understanding (MoU) a couple of weeks ago. This agreement is set to embark upon projects of mutual b
The National Marine Dredging Company (NMDC) has allowed foreigners to own 49% of the company’s capital, they said in a disclosure on the website of the Abu Dhabi Securities Exchange (ADX) today. The decision will be effective from today, April 28. Eng. Yasser Zaghloul, Group Chief Executive Officer,
Building further on its global partnerships to drive aggressive growth, National Marine Dredging Company has signed a Memorandum of Understanding with Daewoo Engineering & Construction to mutually explore and grow business opportunities across the Middle East and Africa. The MoU was signed by Eng. Y
The official opening ceremony of the Port of Duqm in Oman took place yesterday. The ceremony was held in the presence of His Majesties King Philippe and Queen Mathilde of Belgium and His Majesty Sultan Haitham bin Tarik of Oman. The opening sets a new milestone in the partnership between DEME Group,
Dredging Corporation of India (DCI) and National Maritime Dredging Company (NMDC) entered into a strategic alliance today. The alliance will focus on areas not limited to capital dredging works, project development on BOT basis, operate ports as managers, participate in the public, private partnersh
