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
At a time when the economy has gone to “muck,” the Dredging industry is thriving, in large part due to a significant number of government contracts assigned to maintain the country’s waterways and lakes. And one local company is benefiting from the abundance of work: Cavache, a South Florida based d
Sunergy, Inc. is pleased to announce that Alan Trees, Owner of Gold Dredge Builders Warehouse of Riggins, Idaho has joined the Sunergy Advisory Board. Mr. Trees has over 35 years’ experience in successfully building gold recovery equipment and dredges that operate effectively in the harshest environ
CHEC office in South Africa received a letter of acceptance from TRANSNET and was awarded Ngqura Port dredging project , on Nov. 23. The value of the contract is ZAR 135,583,690.68 (approximately equivalent to USD 19.2 million). The project has been the first project which CHEC has successfully bid
Boskalis proposal to SMIT Pension Fund · One-off voluntary deposit of approximately € 30 million · No additional future obligations for further deposits · No reduction in pension entitlements as from 1 January 2011 · Deposit has no impact on Boskalis’ earnings Royal Boskalis Westminster N.V. announc
IHC Merwede’s trailing suction hopper dredger, Vox Máxima, has been awarded Ship of the Year at the fifth annual Maritime Awards Gala. This award is presented to the manufacturer of a vessel which is designed, built and completed in The Netherlands, and which distinguishes itself in the areas of inn
Titanium Resources Group announces that Mr. Raju Jaddoo will step down as a Non-Executive Director from the Board of TRG on 1 December 2010 to devote more time to his other business interests. Commenting on the resignation, Wayne Malouf, Executive Chairman of TRG, said: “The Board would like to than
IHC Hytop, part of IHC Merwede, has announced that its riser pull-in package has successfully pulled in the first three risers on a MODEC FPSO (Floating Production Storage and Offloading) vessel. The FPSO vessel is currently deployed off the coast of Brazil by MODEC and operated by the contractor on
The first –ever Maritime by Holland Pavilion with its 2440 square feet will be making its debut at the International WorkBoat Show. 9 Dutch companies will present themselves in the Maritime by Holland Pavilion to the North American shipbuilding industry that comes together at the International WorkB
Maastank is investing €30 million in the expansion of its terminal in the Botlek area. By 2012, the storage capacity for vegetable oils and fats and for chemicals must have doubled to 65,000 m3. The investment sum was announced during the christening of the inland tanker Piz Palü belonging to the Fl
Dredging Corporation has announced its results for the quarter ended September 2010. It has reported net profit at Rs 2.9 crore as against… (moneycontrol) [mappress] Source: moneycontrol, November 15, 2010
Three well-known companies from the Low Countries have established a common venture for providing maritime services. CTOW will manage these services at dedicated maritime terminals on a worldwide scale, which includes all related port operation activities. Given the combined experience and resources
Wärtsilä’s Sustainability Report has won first prize in the Corporate Responsibility Reporting 2010 competition in which corporations’ responsibility reporting in 2009 was assessed. The sustainability reporting competition is organised by the Confederation of Finnish Industries EK, Finnish Business
Orion Marine Group, Inc., a leading heavy civil marine contractor, today reported net income for the three months ended September 30, 2010, of $7.1 million or $0.26 diluted earnings per share (based on 27,094,326 diluted shares outstanding). These results compare to net income of $5.4 million or $0.
