BlueFive Capital has acquired a 70% stake in Gulf Cobla LLC, a UAE-based dredging and land reclamation company. As part of the transaction, BlueFive Capital will acquire the entire 49% shareholding held by Advanced Dynamics Investments, an affiliate of Saudi Binladin Group, together with a 21% stake
International Association of Dredging Companies (IADC) recently presented the 2021 edition of Dredging in Figures, an annual overview of the global dredging industry’s performance in 2021. Compiled and published by IADC, Dredging in Figures offers insights into the key performance indicators. The 20
The International Association of Dredging Companies (IADC) has announced their decision to postpone the ‘Financing Sustainable Marine and Freshwater Infrastructure’ conference in Dubai. “As IADC, we have been closely monitoring the COVID-19 situation in both Europe and other global regions. Last wee
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
Despite witnessing a downfall in 2020 due to the onset of the COVID-19 pandemic, the dredging market is gradually recovering, and is projected to exhibit steady growth over the coming years, reports the Fact.MR. For example, the United States passed the Coronavirus Aid, Relief, and Economic Security
Royal IHC has received an order for one of their new CT cutter heads with its innovative teeth technology. This 70CT cutter head is a heavy and robust piece of equipment with a total weight of almost 30 ton and is perfectly suitable for the hard soil that it will be applied in. Unique about [&hellip
The International Association of Dredging Companies’ (IADC) latest edition of their Terra et Aqua magazine featured a very interesting article named ‘Can nature-based solutions be mainstream solutions?’ The concept of nature-based solutions (NBS) is relatively recent. It has emerged during discussio
National Marine Dredging Company (NMDC) inaugurated the backhoe dredger Sarb earlier this week in the Netherlands. The inauguration comes as a part of NMDC’s international growth and fleet investment strategy which is aimed at positioning the company as a leader in the industry. The contract for the
National Marine Dredging Company (NMDC) has just announced the inauguration of the backhoe dredger Sarb in the Netherlands. The inauguration comes as a part of NMDC’s international growth and fleet investment strategy which is aimed at positioning the company as a leader in the industry. The contrac
At the Albwady Damen yard in Sharjah, UAE, two standard cutter suction dredgers CSD500 have been built, the company announced today. These two dredgers mark the anniversary of 10-year building Damen cutter suction dredgers at this yard. “The stationary dredgers, built to dredge at max -14m, are read
The International Association of Dredging Companies’ (IADC) latest edition of their Terra et Aqua magazine featured a very interesting article named ‘Managing risks: how to select the appropriate dredging contract’. The contracting environment for dredging and offshore works is diverse. Moreover, in
Dredging Today brings you an overview of the most popular stories from the past week (May 4-10, 2020). Jan De Nul in 2019: Challenging Year for Dredging Jan De Nul Group has just released their business figures for the past year, saying that in line with previous years, 2019 remained a challenging
Royal IHC has signed three contracts with the Jordan-based Arab Potash Company (APC) to deliver two cutter suction dredgers (CSDs) and implement a new maintenance agreement. The first contract comprises the delivery of a custom-built CSD, the second is a three-year maintenance contract for the IHC d
Jan De Nul Group has just released their business figures for the past year, saying that in line with previous years, 2019 remained a challenging year for international dredging activities. Market conditions have not yet revived public and private investments. On the other hand, activity in the offs
