Equipment
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
India: M/s PSA Investments Bags Jawaharlal Nehru Port Deal
M/s PSA Investments Pvt. Ltd. has won a contract for development of 4th Container Terminal at Jawaharlal Nehru Port, with a quay length of 2000 m. The estimated project cost for development of this terminal on design, build, finance, operate and transfer (DBFOT) basis is Rs.7915. At yesterday’s meet
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
Orion Marine: Identified Bid Opportunities Give Optimism for 2014
Orion Marine Group Inc, a heavy civil marine contractor, today reported net income for the three months ended December 31, 2013, of $2.1 million ($0.08 diluted earnings per share). These results compare to net income of $1.5 million ($0.05 diluted earnings per share) for the same period a year ago.
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
Positive Trends Mark Start to PHA Business Year (USA)
The Port of Houston Authority Executive Director, Roger Guenther, in his first meeting since being named to the post, characterized January’s numbers as “a very exciting start to the new year” with operating revenue of more than $20 million. Guenther cited across-the-board increases in all major are
EPA Finalizes Linden Cleanup Plan (USA)
The U.S. Environmental Protection Agency has finalized its plan to address contaminated soil and ground water at the LCP Chemicals, Inc. Superfund site in Linden, New Jersey. The soil, ground water and sediment from a stream on the site were contaminated with mercury and other pollutants from previo
USA: Wetland Restoration Project Moves Ahead at Buck Pond
In support of Governor Cuomo’s NY is Open for Fishing and Hunting initiative, wetland construction activities began last week to restore and enhance more than 200 acres of coastal fisheries habitat at Buck Pond, part of the Braddock Bay Fish and Wildlife Management Area marsh complex in Monroe Count
Australia: Agreement Signed on Murray-Darling Basin Plan
Murray-Darling Basin irrigators and communities will receive economic and environmental benefits after the Queensland and New South Wales Governments inked the Intergovernmental Agreement on Implementing Water Reform in the Murray-Darling Basin and an amended National Partnership Agreement. Minister
GE Identifies Second Property to Support Dredging in Land-Locked Area
As GE works with EPA to evaluate options for dredging and backfilling in the land-locked area (the stretch of river south of Thompson Island Dam and north of Fort Miller Dam) a modified approach has been identified that revises the original plan described in a December 2013 project fact sheet. Last
Fugro Bags Major Ground Investigation Contract in Hong Kong
Airport Authority Hong Kong has awarded Fugro a contract to carry out a major nearshore geotechnical and environmental ground investigation program in the waters near the Hong Kong International Airport at Chek Lap Kok. The contract, which is worth approximately EUR 8.8 million, will provide essenti
VIDEO: Bradley Beach Replenishment Kicks Off (USA)
The Bradley Beach replenishment program officially commenced last week. Great Lakes Dredging & Dock Company started pumping sand onto the beaches in Bradley Beach between McCabe Avenue and Fletcher Lake. The sand is being recovered from the Sandy Hook offshore areas. [mappress] February 27, 2014
USA: Computer Model to Help Managers with Renourishment Decisions
A computer model developed, in part, by University of Florida researchers can help coastal managers better understand the long-term effects of major storms, sea-level rise and beach restoration activities and possibly save millions of dollars. Researchers used erosion data following tropical storms
Orion Marine: Changes in Management Structure (USA)
Orion Marine Group Inc, a leading heavy civil marine contractor serving the infrastructure sector, today announced changes in its management structure. On February 25, 2014, Mike Pearson, Orion Marine Group’s President and Chief Executive Officer, notified the Company’s Board of Directors of his pla