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Business & Finance

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Waterways Council Endorses American Waterworks Act
Business & Finance

Waterways Council Endorses American Waterworks Act

At its Board of Directors meeting held yesterday in Houston, Waterways Council, Inc.’s Board of Directors unanimously endorsed the American Waterworks Act, proposed in late October by Senator Lamar Alexander (R-TN) and Senator Lindsey Graham (R-SC) to modernize America’s inland waterways and ports.

about 13 years ago
USA: Senator Emphasizes Need for Corps Reforms in Next WRDA
Business & Finance

USA: Senator Emphasizes Need for Corps Reforms in Next WRDA

U.S. Sen. David Vitter (R-La.) emphasized the need to include reforms to the U.S. Army Corps of Engineers in the next Water Resources Development Act (WRDA). Sens. Vitter and Jim Inhofe (R-Okla.) along with all Republicans on the Senate Environment and Public Works Committee wrote to Chairman Barbar

about 13 years ago
Belgium: Ackermans & van Haaren Posts Third Quarter Results
Business & Finance

Belgium: Ackermans & van Haaren Posts Third Quarter Results

Ackermans & van Haaren has announced the third quarter results for 2012. Marine Engineering & Infrastructure DEME DEME (AvH 50%) realized a third quarter in line with expectations. Due to a delay in the start-up of the major Wheatstone and New Doha Port sites, they will only contribute to the result

about 13 years ago
Another DMC 1200 Workboat Delivered to Western Africa
Business & Finance

Another DMC 1200 Workboat Delivered to Western Africa

IHC Beaver Dredgers has delivered another Delta Multi Craft (DMC) 1200 workboat to Subsea 7. The workboat will be used in combination with a new IHC Beaver 1200 cutter dredger and set to work in Western Africa. It was supplied from stock to ensure a minimum lead time, and the workboat and dredger ha

about 13 years ago
UAE: DP World Hosts Roundtable of Industry Expert
Business & Finance

UAE: DP World Hosts Roundtable of Industry Expert

Trade and the make or break issues impacting its growth were the focus of a transport and logistics roundtable discussion hosted by DP World this week to contribute to the World Economic Forum Global Agenda Council meetings currently being held in Dubai. In a lively debate under the umbrella theme o

about 14 years ago
Malaysia: MARC Lowers TLP’s Ratings
Business & Finance

Malaysia: MARC Lowers TLP’s Ratings

Malaysian Rating Corp Bhd (MARC) has downgraded the ratings of Tanjung Langsat Port Sdn Bhd’s (TLP) RM250mil bonds and RM135mil debt notes while the outlook on the ratings remains negative. The rating action reflects TLP’s continued losses and weak cash flow arising from a delay in the commencement

about 14 years ago
USA: Officials Update Plan for Emerald Isle Beach Renourishment
Business & Finance

USA: Officials Update Plan for Emerald Isle Beach Renourishment

The Town of Emerald Isle upcoming beach nourishment project is tentatively scheduled to begin in February and be complete by the end of March. Due to budget constraints, the project has been scaled back slightly, and will likely involve the placement of approximately 630,000 cubic yards of sand (com

about 14 years ago
Housatonic River Dredging Underway (USA)
Business & Finance

Housatonic River Dredging Underway (USA)

The Stratford Waterfront and Harbor Management Commission in coordination with the US Army Corps of Engineers announces that the Housatonic River is being dredged. The last time Connecticut’s second longest river was dredged was in 1976. “Leading the efforts to dredge the Housatonic River to improve

about 14 years ago
Equatorial Guinea: Bata Port Reaches Another Milestone
Business & Finance

Equatorial Guinea: Bata Port Reaches Another Milestone

On November 5, a 20000t bulk carrier berthed at Bata Port in Equatorial Guinea, marking the success of the maiden voyage of the 50000t terminal of the port undertaken by CRBC and constructed by CCCC First Harbor Engineering Co., Ltd. The reconstruction and extension of Bata Port is a project under t

about 14 years ago
CCCC Chairman Attends Merrill Lynch China Investment Summit
Business & Finance

CCCC Chairman Attends Merrill Lynch China Investment Summit

On November 8, Zhou Jichang, chairman of CCCC, attended Merrill Lynch China Investment Summit 2012 in Beijing as a special guest, delivering a keynote speech entitled Does China Need More Infrastructure Investment, and exchanging ideas with institutional investors from across the world. Transportati

about 14 years ago
Melbourne Dredging: Achievement of Objectives (Australia)
Business & Finance

Melbourne Dredging: Achievement of Objectives (Australia)

The Port of Melbourne Corporation successfully delivered the Channel Deepening Project (CDP) ahead of time, under budget and in compliance with the environmental approval conditions, except for three minor nonconformances, However, the achievement of CDP’s benefits to date has been affected by the 2

about 14 years ago
Carlsbad Beach Restoration Resumes Soon (USA)
Business & Finance

Carlsbad Beach Restoration Resumes Soon (USA)

At approximately 4:30 p.m. on the afternoon of November 7, an incident involving efforts to clear a clogged onshore pipe occurred at the Fletcher Cove worksite in Solana Beach. There were no injuries as a result of the accident. Great Lakes Dredge and Dock Company immediately shut down work on the p

about 14 years ago
USA: Third Season of Hudson River Dredging Ends
Business & Finance

USA: Third Season of Hudson River Dredging Ends

The U.S. Environmental Protection Agency announced that as the third season of dredging draws to a close later this week, a total of more than 1.3 million cubic yards of sediment contaminated with PCBs will have been removed from the Hudson River. Since dredging began on May 9, 2012, about 650,000 c

about 14 years ago
CAT: New PL421 Supports Comprehensive Equipment Management (USA)
Business & Finance

CAT: New PL421 Supports Comprehensive Equipment Management (USA)

Caterpillar introduces the newest addition to the Cat® Product Link™ suite of hardware offerings. The new PL421 hardware provides customers a lower-cost track-and-trace option to support total fleet monitoring and management capabilities. The PL421 provides basic asset monitoring capability for 12-v

about 14 years ago
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