Equipment
New Zealand: CRP Appoints London Corporate Advisers for Capital Raising
Chatham Rock Phosphate has appointed London corporate finance advisers Wimmer Financial to manage an international capital raising over coming weeks. The financing, by private placement, is likely to be determined by a book build process managed in conjunction with Wimmer Financial. The offering, fo
USA: Ocean City Beach Replenishment Plan Moves Ahead
The Army Corps of Engineers will go out to bid in early January for a project to rebuild beaches and dunes at the severely eroded south end of Ocean City, according to Ocean City Business Administrator Mike Dattilo. The project is still on track to start in March or early spring, reports oceancity.p
UAE: ADPC to Manage and Operate Zayed Port from 2014
On 31 December 2013, the concession for the management and operations at Zayed Port will be returned to the port authority, Abu Dhabi Ports Company (ADPC). The concession is being returned to ADPC in line with the original planning for port capacity for the emirate of Abu Dhabi. This planning was ou
Global Ports Completes Acquisition of NCC Group (Russia)
Global Ports Investments PLC (Global Ports or the Company, together with its subsidiaries and joint ventures, the Group; LSE ticker: GLPR) announced that the Group has completed the acquisition of 100% of the share capital of NCC Group Limited (together with its subsidiaries, NCC Group), in a transa
GE Issues Report on Hudson River Dredging Project (USA)
General Electric Co. issued a report on the environmental dredging project the Company is conducting on the Upper Hudson River in New York State. The Company said its completion of the project — expected in 2016 — will fully resolve its remedial liabilities. Any liability for natural resource damage
Top News – December 23 to 29, 2013
New Port of Melbourne CEO Announced (Australia) The Victorian Coalition Government has announced that Nick Easy has been appointed as CEO of the Port of Melbourne Corporation, Minister for Ports David Hodgett announced. AvH Acquires Full Control Over DEME (Belgium) On December 24, 2013, Ackermans
Liberia: Sunergy Management Returns from Successful Visit
Sunergy Inc. has announced that its management has returned from West Africa completing arrangements to commence dredging operations in Liberia and Sierra Leone under the supervision of Dredgemaster David Price. Mr. Price remains in Sierra Leone and is engaged in moving two dredges into operations l
Atlantic Support Bags Point Judith Harbor Jetty Contract (USA)
The Point Judith Harbor east jetty in Narragansett, Rhode Island, will be repaired under the terms of a $627,000.00 contract issued recently by the U.S. Army Corps of Engineers, New England District. Work will be accomplished by Atlantic Support Installations, Inc., of Hopedale, Mass. Construction i
Ukraine: Authorities to Consider Creation of Free Economic Zones
The Deputies Sergey Grinevetsky and Yuriy Kruk developed a bill that proposes creation of a special (free) economic zones in Odessa and Reni (Odessa region). Amendments to the Law “On special (free) economic zone «Porto-Franko» on the territory of Odessa Commercial Sea Port” and “On special economic
Dredge Yard: Dredging Up the Future
General Manager of Dredge Yard, Basel Yousef, recently presented his perspective on dredging market and what has led to a growing demand of dredge equipment in the Middle East. He believes that as a dredging equipment supplier, Dredge Yard has been quick to capitalize on the growing demand in the Mi
Corps Invites Bids for Great Kills Harbor Dredging (USA)
The Army Corps of Engineers, New York District, has announced a plan for the Great Kills Harbor dredging project. The proposed maintenance dredging work is expected to involve the removal of approximately 252,000 cubic yards of sand from the mentioned area, and to create a depth of 10 feet below Mea
USA: Mobile to Host HYPACK 2014 User Training Event
HYPACK Inc. announced that registration is open for the HYPACK 2014 User Training Event. This is the 21st event of its kind that brings together knowledgeable HYPACK employees with their users in the field. This training event will be held January 13th-16th, 2014, at the Renaissance Mobile Riverview
AvH Acquires Full Control Over DEME (Belgium)
Today, on December 24, 2013, Ackermans & van Haaren NV (AvH) proceeded with the closing of the transaction announced and described in the press release issued jointly by AvH and VINCI S.A. (Vinci) on September 19, 2013. The conditions precedent to this transaction (including obtaining merger clearan
USA: DredgeFest Louisiana Set for January 2014
DredgeFest Louisiana workshop, organized by the Dredge Research Collaborative, is scheduled for January 11-17, 2014, in New Orleans and Baton Rouge. The first Dredgefest was held in NYC, one month before Hurricane Sandy made landfall. DredgeFest Louisiana is a symposium, field expedition, and intens