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Business & Finance

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Top News – February 24 to March 2, 2014
Business & Finance

Top News – February 24 to March 2, 2014

DEME Delivers Strong 2013 Results In 2013, DEME reached a turnover of EUR 2.53 billion in 2013. Compared to the previous year, this represents an increase of 32% and a record turnover. Australia: Port of Melbourne Maintenance Dredging Kicks Off Port of Melbourne Corporation yesterday commenced mai

about 12 years ago
UK: Officials Seek Contractor for East Cowes Marina Project
Business & Finance

UK: Officials Seek Contractor for East Cowes Marina Project

The Homes and Communities Agency has begun its search for a partner to develop and operate a new 400 berth marina and surrounding waterfront development at East Cowes, Isle of Wight. The marina scheme represents the next important phase in the regeneration of East Cowes. Paul Flatt, HCA Senior Devel

about 12 years ago
The Netherlands: Port of Rotterdam 2013 Profit Slightly Lower
Business & Finance

The Netherlands: Port of Rotterdam 2013 Profit Slightly Lower

The result of the Port of Rotterdam Authority for 2013 was €227 million. This is €1 million less than the result for 2012. Large investments, especially in Maasvlakte 2, pushed the interest charges and depreciation up considerably. The revenue from port dues decreased. On the other hand, the revenue

about 12 years ago
Herbrum Dredging Plan Involves Water Injection Method (Germany)
Business & Finance

Herbrum Dredging Plan Involves Water Injection Method (Germany)

Dredging work, which will be undertaken by the water injection method, is required in the lower outer harbour of Herbrum Lock. Wasser und Schifffahrtsamt Meppen has invited bidders to submit their offers for this project, which is planned for the winter of 2014. Around 100,000m³ of material will be

about 12 years ago
Germany: Stuttgart Military Areas Require Dredging Services
Business & Finance

Germany: Stuttgart Military Areas Require Dredging Services

Wasser und Schifffahrtsamt Stuttgart issued a tender invitation for the Poppenweiler, Obertürkheim and Oberesslingen areas dredging project. This cleanup program will require dredging work with proper disposal of the sediment deposits (approximately 136,500t) recovered from the military areas in Pop

about 12 years ago
Work Begins on New Warkworth Flood Defences (UK)
Business & Finance

Work Begins on New Warkworth Flood Defences (UK)

Thirty-five homes in Warkworth, Northumberland, will be protected from river and tidal flooding thanks to a new Environment Agency flood defence scheme. Preparatory work began this week in advance of the construction of a new flood wall that will protect homes at The Butts area of Warkworth. The pro

about 12 years ago
APM Terminals Achieves Increased Profit in 2013
Business & Finance

APM Terminals Achieves Increased Profit in 2013

APM Terminals has announced its 2013 business results and delivered an increased profit of USD 770m and a return on invested capital of 13.5% (15.2%), reflecting improved underlying performance but also a higher asset base due to the continued high investment level. The expansion into high growth ma

about 12 years ago
Ukrainian Seaports: Preparations for Dredging Move Forward
Business & Finance

Ukrainian Seaports: Preparations for Dredging Move Forward

According to the press-service of the State Enterprise Ukrainian Seaports Authority, all the ports of Ukraine are operating normally. USPA fulfills its obligations before private and public stevedoring companies and preserve an ongoing dialogue with contractors of the enterprise. Partners have exhau

about 12 years ago
Panama Canala Expansion: Conceptual Agreement Reached
Business & Finance

Panama Canala Expansion: Conceptual Agreement Reached

The Panama Canal Authority (ACP) announced the end of talks with the new locks project contractor Grupo Unidos por el Canal, S.A. (GUPC), through which a conceptual agreement has been reached subject to documentation, review and final signature by the parties. The conceptual agreement falls within t

about 12 years ago
DEME Delivers Strong 2013 Results
Business & Finance

DEME Delivers Strong 2013 Results

In 2013, DEME reached a turnover of EUR 2.53 billion in 2013. Compared to the previous year, this represents an increase of 32% and a record turnover. Ebitda increased by 25% to EUR 437.8 million, and net profit amounted to EUR 109.1 million, an increase of 22% compared to 2012. The order book – wel

about 12 years ago
Spain: Port of Mahon Dredging Set for Next Week
Business & Finance

Spain: Port of Mahon Dredging Set for Next Week

The Port Authority of the Balearic Islands (APB) informed the Mahon port community that dredging work at the Port of Mahon is scheduled to start on 3rd March. In an e-mail sent to the main port operators, the APB Chairman, Alberto Pons, explained that, in his view, the dredging work “is a very impor

about 12 years ago
UK: Plan for New Birmingham Canal Welcomed
Business & Finance

UK: Plan for New Birmingham Canal Welcomed

Canal and River trust welcomed proposals unveiled by Birmingham City Council (BCC) for the creation of a new canal quarter as part of the city’s vision for using HS2 as a catalyst for regeneration and growth. “We have been leading the work, alongside BCC and other partners, to ensure the development

about 12 years ago
CARIS to Exhibit at Oceanology International (UK)
Business & Finance

CARIS to Exhibit at Oceanology International (UK)

CARIS will exhibit at Oceanology International (March 11 -13, London, UK), with the main goal to showcase its latest software advancements. This event will bring together thousands of visitors from the marine technology and ocean science global community. “Our team of CARIS experts will be at stand

about 12 years ago
Russia: Volga Group Invests in New Sukhodol Bay Terminal
Business & Finance

Russia: Volga Group Invests in New Sukhodol Bay Terminal

Volga Group, Gennady Timchenko’s investment vehicle, has acquired a 50% stake in Sukhodol LLC, a company which is constructing a new bulk terminal in Sukhodol Bay, in the Primorsky region in Russia’s Far East. Once completed the terminal is expected to have a capacity of 20 million tons per year. Th

about 12 years ago
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