Wärtsilä, the marine industry’s leading solutions provider, has introduced a more powerful version for marine applications of its popular Wärtsilä 32 engine. First introduced in the 1980s, and with more than 4000 units sold to the marine industry alone, the Wärtsilä 32 engine has proven to be a high
IHC Merwede announced that it has recently secured assignments for vessels and equipment in its core markets of dredging and offshore to the value of €500 million. This further reinforces the group’s belief that there will be continued demand for its innovative vessels, advanced equipment and life-c
GE issued the following statement today regarding certain previously identified fourth-quarter 2010 items that taken together do not change the company’s strong financial outlook for the fiscal year 2010. “As we covered in our December 14th presentation to investors, we anticipated a number of speci
IHC Merwede is delighted to announce that alternative fuels have been used in the dredging process for the first time. The company ran a pilot test in which energy derived from hydrogen was the sole source used to power the electrical equipment on board a dredger. The sustainable energy test took pl
Wärtsilä’s electronic Annual Report 2009 has been selected best annual report in Europe. The prize was handed out at the European Excellence Awards ceremony in Prague, Czech Republic, on 9 December 2010. There were over 1,400 entries in the European Excellence Awards competition this year. The other
Dutch shipbuilding company Damen has launched a new Compact Stan Tug Series. With more than 40 years experience and expertise behind the three tug types, (the Stan Launch 804, Stan Tug 1004 and Stan Tug 1205), the vessels are designed to be strong, highly manoeuvrable and easily manageable for a one
Titanium Resources Group Ltd is pleased to announce the appointment of Mr. Charles Entrekin Ph.D. today as a Non-Executive Director of the Company with immediate effect. Charles Entrekin has over 35 years of experience in the mining and metals sector, acting both as an executive officer level and as
Sietas is to be the first German shipyard to develop and build a jack-up vessel used for offshore wind farm installation. The order, which was signed today in Hamburg, comes from prestigious Dutch-based marine contractor Van Oord, working on dredging, offshore and marine engineering projects worldwi
Dredging Corporation Of India Limited has informed the Exchange that Shri P. Sridharan, Director (Operations & Technical) has retired on … [mappress] Source: nseindia, December 3, 2010;
Biologists and project managers from the Savannah District, U.S. Army Corps of Engineers, will explain the various environmental issues raised by the proposed deepening of the Savannah Harbor during a public workshop to be held 4 p.m. to 8 p.m., Dec. 15, at the Savannah Civic Center. The public may
China Dredging Group Co., Ltd. (“China Dredging”), one of the leading dredging subcontractors in the P.R.C., today announced selected financial and operational results for the three months ended September 30, 2010. Revenue $45.4 million, Income from operations $23.5 million, Net income $17.3 million
Swathe Services sales division is delighted to announce our first UK sale of the SONIC 2024 wideband high resolution shallow water multibeam echosounder. Within a matter of days of announcing the inclusion of the SONIC2024 in our rental pool of survey equipment we immediately supplied two systems fo
Great Lakes Dredge & Dock Corporation announced today that its Board of Directors (“the Board”) has declared a quarterly cash dividend on its common stock. The Board approved a $0.017 per share cash dividend, to be paid on December 17, 2010 to the holders of record of common stock of the Company at
The SURF (subsea umbilical riser and flowline) installation market is expanding and pushing into ever-deeper waters. At the same time IHC Engineering Business (IHC EB) has seen a dramatic expansion of its range of pipe and cable lay systems, with a number of large scale projects delivered, or ongoin
