CCCC Shanghai Dredging Co., Ltd. has recently won the bid for Phase 1 dredging project of a 12.5-meter Yangtze River deepwater channel down Nanjing. This channel has a length of some 57 kilometers, an excavated bottom width of 500 meters, a designed depth of 12.5 meters, a minimum turning radius of
APM Terminals has announced its 2013 business results and delivered an increased profit of USD 770m and a return on invested capital of 13.5% (15.2%), reflecting improved underlying performance but also a higher asset base due to the continued high investment level. The expansion into high growth ma
The American Association of Port Authorities (AAPA) yesterday said it commends steps taken this week by President Barack Obama, the House Transportation & Infrastructure Committee, and by House Ways and Means Chairman Dave Camp (R-MI) toward increasing the investment in transportation infrastructure
According to the press-service of the State Enterprise Ukrainian Seaports Authority, all the ports of Ukraine are operating normally. USPA fulfills its obligations before private and public stevedoring companies and preserve an ongoing dialogue with contractors of the enterprise. Partners have exhau
The American Association of Port Authorities (AAPA) 2014 Maritime Economic Development Workshop, hosted by the Port of San Diego, drew nearly 80 economic development professionals from the port community and three of AAPA’s four geographic delegations (the United States, Canada and the Caribbean) to
The Panama Canal Authority (ACP) announced the end of talks with the new locks project contractor Grupo Unidos por el Canal, S.A. (GUPC), through which a conceptual agreement has been reached subject to documentation, review and final signature by the parties. The conceptual agreement falls within t
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
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
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 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.
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
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
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
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
