Global marine terminal operator DP World yesterday announced strong financial results from its global portfolio of marine terminals for the twelve months ended 31 December 2014. Like-for-like revenue grew 11.3% and adjusted EBITDA increased 16.0%, delivering profit attributable to owners of the Comp
Enrique K. Razon Jr., International Container Terminal Services Inc.(ICTSI) chairman and president, recently visited Basra Gateway Terminal (BGT), ICTSI’s subsidiary in the Port of Umm Qasr, Iraq. Razon inspected the continuing upgrade works at Berth 20, the existing facility in Umm Qasr’s North Por
The year 2014 was exceptional in many ways, Van Oord, a Dutch contracting company that specializes in dredging and land reclamation, announced today. From a financial perspective, Van Oord achieved a record turnover of EUR 2.104 billion (2013: EUR 1.641 billion). It is the first time in the company’
Regulators, funding agencies and proponents worldwide are imposing increasingly strict environmental regulations to minimize the potential impact of marine construction activities, and more specifically, the underwater sound generated by such activities. Marine fauna may be adversely affected by mar
Order Placed for World’s Largest Cutter Suction Dredger Jan De Nul Group has placed an order for a large self-propelled cutter suction dredger JDN8069 with the Croatian shipyard Uljanik Brodogradiliste. Boskalis, Van Oord Sign Rio de Janeiro Dredging Contract Edinho Araujo, head of the Special Por
Royal Boskalis Westminster N.V. (Boskalis) achieved net profit of EUR 490 million in 2014 (2013: EUR 366 million). Revenue rose by 1 per cent to EUR 3.2 billion (2013: EUR 3.1 billion). EBITDA rose by 25 per cent to EUR 946 million (2013: EUR 757 million) and the operating result (EBIT) was up 41 pe
The International Association of Dredging Companies (IADC) has just published the latest issue of Terra et Aqua, the official quarterly publication of IADC. The magazine is supported solely by the IADC as a service to the world-wide dredging community and represents IADC’s commitment to the highest
Kuwait National Petroleum Company (KNPC) is building one of the largest oil refining plants in the world. The refinery will be constructed on land reclaimed by Van Oord in ‘sabkha area’, a salt plain near the coast some 30 kilometers north of the Saudi border. The project involves dredging and recla
China Harbour Engineering Company (CHEC) has won a $40.8 million (AED150 million) contract for the marine and infrastructure works at Al Hamra’s Falcon Island project in Ras Al Khaimah, the UAE’s most northern emirate. Designed to house the first LEED Platinum Certified real estate of its kind in th
Order Placed for World’s Largest Cutter Suction Dredger Jan De Nul Group has placed an order for a large self-propelled cutter suction dredger JDN8069 with the Croatian shipyard Uljanik Brodogradiliste. Boskalis, Van Oord Sign Rio de Janeiro Dredging Contract Edinho Araujo, head of the Special Ports
Last Thursday, 26 February 2015, the Deputy Emir of Qatar His Highness Sheikh Abdullah bin Hamad Al Thani officially started the controlled flooding operations for the new Hamad Port Project in the presence of His Highness Abdullah bin Nasser bin Khalifa Al Thani, the Prime Minister and His Excellen
Picture of the Day: Dredgers Crowding New Suez The New Suez Canal project is currently under construction and is scheduled to be delivered next August. Chief Mate Guilty Over Fatal Dredger Collision On the 8th June 2014 the Shoreway, a 98 metre 5000 tonne dredger, owned […]
DEME, the Belgian dredging, hydraulic engineering and environmental solutions group, has secured a number of new contracts worldwide. The total value of these orders is approximately 1.6 billion EUR. Foremost important is a Letter of Award received in Singapore. The Maritime and Port Authority of Si
Picture of the Day: ‘Artemis’ in New Suez Canal The New Suez Canal dredging program is moving ahead. The Van Oord’s self-propelled cutter suction dredger ‘Artemis’ arrived two days ago at the site and started work immediately. VIDEO: Reuse of Dredged Materials by DEME DEME has […]
