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Business & Finance

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USA: DCA Urges Senate to Pass Sandy Legislation
Business & Finance

USA: DCA Urges Senate to Pass Sandy Legislation

The Dredging Contractors of America yesterday released the following statement endorsing the Sandy Supplemental and urged the Senate to approve the legislation. The U.S. House of Representatives passed the Sandy Supplemental bill last week. “The Hurricane Sandy Supplemental legislation provides much

about 13 years ago
Dredge Yard: New Production Facilities in Turkey
Business & Finance

Dredge Yard: New Production Facilities in Turkey

This is part of the Dredge Yard’s expansion plan for the production and assembly of several dredging components like ball joints, pumps, valves, turning glands, bow couplings and a lot of other dredging equipment needed for the dredgers and dredge pipe lines. The new production facilities are manage

about 13 years ago
DoD Awards USD 500 Million for Army Corps Dredging Work (USA)
Business & Finance

DoD Awards USD 500 Million for Army Corps Dredging Work (USA)

The Department of Defense announced it has added C.F. Bean to a list of 12 other contractors that are recipients of a $500 million firm-fixed-price, multiple-award contract to conduct “miscellaneous dredging projects.” The U.S. Army Corps of Engineers will be responsible for the projects, the locati

about 13 years ago
Lower Snake River PSMP EIS: Comment Period Extended (USA)
Business & Finance

Lower Snake River PSMP EIS: Comment Period Extended (USA)

The Walla Walla District of the U.S. Army Corps of Engineers has extended the public comment period for the draft Environmental Impact Statement (EIS) for the Lower Snake River Programmatic Sediment Management Plan (PSMP) to March 26, 2013. This extends the previous comment deadline of Feb. 8. An op

about 13 years ago
Congressman Boustany Introduces RAMP Act in 113th Congress (USA)
Business & Finance

Congressman Boustany Introduces RAMP Act in 113th Congress (USA)

Congressman Charles W. Boustany, Jr., M.D., (R-South Louisiana) issued the following statement after introducing the Realize America’s Maritime Promise (RAMP) Act, H.R. 335, in the 113th Congress: “As we begin the 113th Congress, I want to highlight the need to fully allocate funding to keep America

about 13 years ago
Hengqin New Area Integrated Development Project Launched (China)
Business & Finance

Hengqin New Area Integrated Development Project Launched (China)

On January 14, the launch ceremony of the integrated development project of Hengqin New Area & the inaugural ceremony of CCCC South Investment Development Co., Ltd. with a total investment of 38 billion yuan took place in Zhuhai. With a total investment of 38 billion yuan, as CCCC’s largest single i

about 13 years ago
Lack of Transport Infrastructure – Obstacle to Economic Growth (Switzerland)
Business & Finance

Lack of Transport Infrastructure – Obstacle to Economic Growth (Switzerland)

Deficiency in transport and communications infrastructure is one of several supply chain barriers that act as obstacles for speeding up global economic growth. That is the conclusion of a report entitled “Enabling Trade: Valuing Growth Opportunities”, prepared by the World Economic Forum (WEF) in co

about 13 years ago
Cote d’Ivoire: CHEC Signs EPC Contract for Abidjan Port Dredging
Business & Finance

Cote d’Ivoire: CHEC Signs EPC Contract for Abidjan Port Dredging

Recently, CHEC has signed an EPC contract for Abidjan port extension with the Abidjan Port Authority, Cote d’Ivoire, with a contract value of 933 million US dollars. As Abidjan’s integral economic part and a major project in the post-war economic reconstruction project of Cote d’Ivoire, the project

about 13 years ago
China: CCCC Shanghai Bags Zhejiang Land Reclamation Deal
Business & Finance

China: CCCC Shanghai Bags Zhejiang Land Reclamation Deal

At the beginning of the New Year, CCCC Shanghai Dredging Co., Ltd. won the bid for the backfill works (Zone 4) of the Phase 1 reclamation area in Xiaoguoju, Liuheng, Zhejiang Province, with a contract value of 180 million yuan and a construction period of 180 days. Located in Putuo District, Zhousha

about 13 years ago
USA: Avalon’s Major Beach Fill Project Nears End
Business & Finance

USA: Avalon’s Major Beach Fill Project Nears End

Avalon’s major beach fill project is expected to con­clude some­time dur­ing the upcom­ing week­end of Jan­u­ary 26th-27th. Dur­ing a progress meet­ing held in Avalon on Wednes­day, Jan­u­ary 23rd the con­trac­tor for the project announced that the actual pump­ing of sand could wrap up dur­ing the u

about 13 years ago
Corps: Interim Extension of Kansas River Dredging Permits (USA)
Business & Finance

Corps: Interim Extension of Kansas River Dredging Permits (USA)

The U.S. Army Corps of Engineers has extended five permits to extract sand from the Kansas River for one year while a thorough evaluation of potential impacts from the proposed reauthorization continues. Five dredging companies authorized in 2007 to extract sand and gravel for commercial sale from 1

about 13 years ago
USA: CGEI Announces Shareholder Meeting Date
Business & Finance

USA: CGEI Announces Shareholder Meeting Date

China Growth Equity Investment Ltd., a special purpose acquisition company, announced yesterday that its general meeting of shareholders will be held on Thursday, February 21, 2013, at 11 am local time, at the law offices of Reed Smith LLP, 599 Lexington Avenue, 22nd Floor, New York, NY 10022. Share

about 13 years ago
Panama Canal Expansion Moves Ahead
Business & Finance

Panama Canal Expansion Moves Ahead

The Panama Canal Expansion is moving forward to reach its goal of bolstering the waterway’s capacity in order to provide a better service to customers. To date, the program is 50 percent complete. “The program continues to progress and reach milestones while we focus the next phases on building the

about 13 years ago
USA: Great Lakes Dredging Crisis to Remain Atop LCA’s Priorities
Business & Finance

USA: Great Lakes Dredging Crisis to Remain Atop LCA’s Priorities

The dredging crisis on the Great Lakes will again dominate Lake Carriers’ Association’s efforts in 2013. LCA’s 2012 Annual Report released yesterday stressed that inadequate dredging took a real toll on Great Lakes shipping in 2012. “The drought has pushed water levels on Lake Michigan and Huron to

about 13 years ago
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