Egypt’s Prime Minister Mostafa Madbouli on Sunday attended the signing ceremony of a memorandum of understanding (MOU) on the restoration of the marine ecosystem of Lake Bardawil and the development of the Sinai Peninsula. According to the PM’s office, the MoU was signed between Suez Canal Authority
Despite all the challenges the industry is facing this year, DEME Group managed to achieve strong turnover and healthy results in the first six months of 2022. According to the company, the Group turnover increased 21.5% to 1,291.7 million EUR as compared to the first half year of 2021, with all seg
Royal Boskalis Westminster N.V. has concluded a strong first half year with high utilization of the large vessels and a strong increase in revenue and earnings. In the Dredging & Inland Infra segment, revenue increased by 46% compared to the same period in 2021 with a similar increase in EBITDA resu
DEME Group, a marine engineering company with a global presence, has signed a €20 million sustainable financing agreement with BBVA. The loan is part of an extensive financing package that will enable DEME to finance further investments in its dredging and environmental activities. Based in Zwijndre
Today, the Dutch State, represented by Atradius Dutch State Business (DSB), decided to support the largest project in Boskalis’ history by means of an export credit insurance (ECI). At the end of 2020, Boskalis was awarded a contract for the land development of the new Manila International Airport w
City Bank has arranged an ECA (Export Credit Agency) backed long term financing of EUR 28.63 million to facilitate Western Engineering Limited, a local leading dredging solution provider, importing 10 dredgers from Royal IHC, Netherlands. Under the arrangement, Dutch ECA Atradius Dutch State Busines
W&O Supply has signed a new agreement with one of the world’s leading civil engineering and dredging companies, Jan De Nul Group. The contract expands upon the existing ten-year relationship, and will see W&O supply marine valves and instrumentation to Jan De Nul to meet the needs of its complex and
PortNews Media Group has successfully wrapped up the 5th International Congress “Hydraulic Engineering Structures and Dredging” in Moscow. During the two days of the Congress, which was held at the Chamber of Commerce and Industry of the Russian Federation, participants gathered to share their exper
More interesting topics are being opened on the 5th International Congress “Hydraulic Engineering Structures and Dredging” that launched yesterday at the Chamber of Commerce and Industry of the Russian Federation in Moscow. Following the announcement that Hydrographic Company is planning to invest o
Next week, the 5th International Congress “Hydraulic Engineering Structures and Dredging” will take place at the Chamber of Commerce and Industry of the Russian Federation in Moscow. This dredging congress, which is a unique and highly acclaimed industry focused platform annually gathering stakehold
Earlier this year, International Association of Dredging Companies (IADC) started a new webinar series presented by dredging experts of Boskalis, Jan De Nul and Van Oord. Each webinar focused on a high-profile dredging project like the ones in Manila Bay, The Philippines, Brisbane Airport Dredging a
International shipbuilding group DAMEN (Damen Shipyards Group) recently announced that they will support the next International Congress “Hydraulic Engineering Structures and Dredging” as its general sponsor for the fifth time. The conference will be held on 16-17 February 2022 at the Chamber of Com
The International Association of Dredging Companies (IADC) has officially released its ‘Annual Report 2020’ highlighting the broad spectrum of activities undertaken over the course of the year. Like so many sectors, the dredging industry faced a difficult 2020 in the face of the COVID-19 pandemic. D
The International Association of Dredging Companies (IADC) has just released the latest issue of Terra et Aqua magazine featuring articles covering dredging projects as well as the topics of safety, socio-economics, technical innovations and the environment. The autumn issue includes stories on appl
