Business & Finance
Dredging to Boost Traffic at Port Hueneme (USA)
Governor Edmund G. Brown Jr. this week signed AB 2395 by Assemblymember Bonnie Lowenthal (D-Long Beach) into law. AB 2395 increases the Oxnard Harbor District’s borrowing authority from the current $1 million cap to $10 million, but retains key accountability standards, including a two-thirds vote b
UPDATE: Four Abducted Workers Released in Nigeria
Four Nigerian nationals, attached to Setraco Nigeria Ltd., who were kidnapped by unknown gunmen from the dredging site along the Nembe waterways on Saturday (August 16th) are free at last. Spokesman of the Bayelsa State Police Command, Mr.Alex Akhigbe, confirmed yesterday to the NGR Guardian news si
Picture of the Day: Bulldozer Levels Sand at Rockaway Beach
The U.S. Army Corps of Engineers, New York District, in conjunction with the New York City Department of Parks and Recreation and the New York State Department of Environmental Conservation, continue work on a $36.5 million coastline restoration project at Rockaway Beach by placing nearly 3.5 millio
New Equipment Arrives at Suez Canal Project
Around 17.5 million cubic meters of material have been dug so far at the newly-launched Suez Canal Project, military spokesman Brigadier Mohamed Samir said. In a statement, Samir noted that some 52 companies are now working at the project site. He added that new equipment were imported from aboard f
USA: Compass Closes Acquisition of Clean Earth
Compass Diversified Holdings, an owner of leading middle market businesses, announced the closing of the acquisition of Clean Earth Holdings, Inc., pursuant to an agreement it entered into on August 7, 2014. The acquisition, which was completed for a purchase price of $253 million and funded through
EPA Assesses Louisiana’s Coastline and Estuaries (USA)
The U.S. Environmental Protection Agency (EPA) recently awarded $485,000 to the Louisiana Department of Wildlife and Fisheries (LDWF) for testing water quality along the state’s Gulf Coast. The sampling results will contribute to EPA’s National Coastal Conditions Assessment (NCCA). The NCCA is a sur
DP World: Strong Financial Results in 2014
Global marine terminal operator DP World announced strong financial results from its global portfolio of marine terminals for the six months to 30 June 2014, delivering profit attributable to owners of the Company before separately disclosed items of $332 million, 40.8% ahead of the first half of 20
Ackermans & van Haaren Posts 2014 Half-Year Results
Ackermans & van Haaren realized a net profit in the first half of 2014 of 96.4 million euros, an increase by 1.6 million euros (+1.6%) over last year. The increase of the half-year profit is primarily thanks to a substantial improvement (+31.9 million euros) in the result of the participations, amou
Panama Canal Opens Second International Maintenance Congress
The Panama Canal Authority (ACP) yesterday opened the Second International Maintenance Congress with the participation of 26 international and six local experts to promote reliability and sustainability in business practices, based on a maintenance culture. “Maintenance has been fundamental for the
Augustine Beach Boat Ramp to Open for Labor Day Weekend
The Augustine Beach Boat Ramp near Port Penn and adjacent intertidal beach located on the south side of the existing groin, which has been closed for maintenance dredging of the boat ramp access channel, will be open for the long Labor Day weekend. The boat ramp, closed Monday through Thursday each
Downtown Montauk Stabilization Project Open for Comments
The U.S. Army Corps of Engineers, New York District today announced the availability of the Draft Environmental Assessment (DEA) with Draft Finding of No Significant Impact (DFONSI) for the proposed Downtown Montauk Stabilization Project and the opening of a 30-day review period, in which the public
Russia: Enterprise Top Managers Visit Tuapse Seaport
Executive Director FSUE “Rosmorport” Andrey Lavrishchev and Deputy General Director for Capital Construction Alexey Nemkov made a working visit to Tuapse Seaport. In the framework of the visit the top managers conducted a working meeting in the Tuapse Department of the Azovo-Chernomorsky Basin Branc
The Philippines: Kiamba Dredging to Ease Flooding
Officials of the coastal town of Kiamba in Sarangani are set to declare the entire area under the state of calamity following the flash floods on Monday afternoon that affected around 560 families in six barangays. According to initial assessment findings, the floods mainly affected portions of Bara
TSHD Lelystad – Gibdock’s Biggest Project in 2014
One of the biggest projects handled in 2014 by the Gibraltar-based Gibdock has been definitely the docking of Van Oord’s trailing suction hopper dredger Lelystad. This is the second time that 137-meter-long TSHD has been to Gibdock for repairs. The general drydocking project includes steelwork, pipe