Marg Karaikal Port, a wholly-owned subsidiary of Chennai-based infrastructure company Marg, may go for initial public offering (IPO) in the next financial year to meet its sales and operational requirements… Source: MyDigitalFC, December 13, 2009
The city’s Public Works Agency (PU) plans to use the first disbursement of a World Bank loan to dredge a dam and two rivers in May, an official said recently… Source: Jakarta Post, December 14, 2009;
Navy officials want to build a deep-draft wharf in Guam’s main harbor that would better accommodate nuclear-powered aircraft carriers when they visit… Source:Navy Times, December 13, 2009;
PORT SALERNO — Lined with marinas and restaurants, boatyards and fueling stations, the Manatee Pocket has long been a busy commercial hub for boating… Source: TC Palm, December 9, 2009;
The Palm Jumeirah is not sinking into the sea, contrary to speculation in recent days, a Nakheel executive says… Source: The National, December 9, 2009
Construction has begun of a new ‘heavy lift’ inland port costing about €32m at Rendsburg on the Kiel Canal, the world’s busiest manmade waterway, linking the Baltic and the North Sea… Source: Maritime Journal, December 9, 2009
SAUDI ARABIA – The proposed development of 100 plus square kilometres to the north of Jazan City, along a Red Sea waterfront stretching 12 kilometres has reportedly commenced despite the current economic downturn. Loans from the Saudi Industrial Development Fund… Source:Handy Shipping Guide, Decembe
LEE COUNTY — It looks like the beach will get wider at Fort Myers Beach, but only part of it. Lee County commissioners are poised to abandon a 4.6-mile, $10.5 million… Source: Naples Daily News, December 7, 2009
The dredger that Councillor Bob Spooner has dubbed Captain Cobourg has begun to pay for itself, he announced at last week’s council meeting… Source:North Umberland Today, December 7, 2009
The expansion of the Panama Canal has prompted Cuba to fund the expansion and modernisation of its three main ports in collaboration with China and Venezuela… Source: Port Strategy, December 8, 2009;
Richard Henry’s sojourns in West Asia had always been jinxed. He went to Abu Dhabi in 1980 to work as a deckhand on a dredger, but returned four years later when the Emirate did some belt-tightening to cope with falling oil revenues… Source: DNA, December 6, 2009;
Judges Bay beach is set to win back its status as a popular family destination after Auckland City Council’s upgrade of the area next year… Source: Stuff; December 4, 2009
Bangladesh will seek Tk 70,000 crore from the international community at the Copenhagen conference to deal with the impacts of climate change, said the chief of a parliamentary committee yesterday… Source: The Daily Star; December 4, 2009;209
OC emergency dune repair planned in next 30-60 days OCEAN CITY — Resort officials say shoreline damage caused by the mid-November nor’easter will double the estimated cost of Ocean City’s 2010 beach replenishment effort from $10 million to about $20 million… Source: Delmarvanow, December 3, 2009;
