Business development
Business development
USACE Work Plan: $280M for Rough River Dam rehab and $1.2M for Eastern KY study
The USACE Louisville District is set to receive a total of approximately $424.9 million in federal funding as part of the USACE Fiscal Year 2025 Work Plan for the Army Civil Works Program. The funds will be used to advance two key projects in Kentucky – the Rough River Dam Safety Modification Projec
Business development
Collins secures $35.3M for Port of Brunswick dredging
House Transportation and Infrastructure Water Resources and Environment Subcommittee Chairman Rep. Mike Collins (R-Ga.) said that $35.3 million has been allocated to the Port of Brunswick in the U.S. Army Corps of Engineers annual fiscal year work plan. “As Chairman of the House Transportation and I
Business development
EXCLUSIVE: Syria, DP World sign $800M port development deal
Syria’s General Authority for Land and Sea Ports and DP World signed a memorandum of understanding (MOU) worth $800 million yesterday, a strategic step aimed at strengthening port infrastructure and logistics services in Syria. According to Syrian state news agency SANA, the contract includes a comp
Business development
Liberia inks landmark port deal with Morocco’s Tanger Med
The Republic of Liberia has taken a major leap toward transforming its maritime and trade infrastructure with the official signing of a landmark port modernization agreement with Tanger Med Engineering, the technical subsidiary of Morocco’s Tanger Med Port Authority. The agreement formalized recentl
Business development
Cameroon’s Kribi Deepwater Port raises the bar
Cameroon’s Kribi Deepwater Port Phase II Project, built by China Communications Construction Company’s (CCCC) subsidiary CHEC, has officially commenced operations. This 715-meter modern terminal, equipped with two container berths, is set to become a crucial trade hub connecting Cameroon and other C
Business development
DEME posts Trading Update for Q1 2025
DEME Group has just announced its Trading Update for Q1 2025, reporting a steady first quarter performance. Highlights first quarter 2025 Dredging & Infra reported revenue of 429 million euros compared to 467 million euros for the first quarter of 2024, with the year-on-year decrease reflecting both
Business development
EXCLUSIVE: DEME kicks off Livorno dredging program
DEME Group took part in the first stone laying ceremony yesterday for the dredging and coastal defense works that mark the start of the Piattaforma Europa project at the Port of Livorno. This ambitious upgrade is set to transform Livorno into an even more powerful logistics hub for Tuscany, with 3 k
Business development
DP World signs $760M Port of Caucedo expansion deal
DP World has signed a $760 million Memorandum of Understanding (MoU) with the government of the Dominican Republic to expand the Port of Caucedo and its Free Trade Zone. The MoU, signed with the Ministry of Industry, Commerce, and MSMES (MICM), initiates negotiations that is set to raise Caucedo’s c
Business development
VIDEO: Port of Funafuti upgrade by Hall Contracting
As Tuvalu’s sole international port, the Port of Funafuti is responsible for importing and exporting domestic and overseas shipments and facilitating crucial inter-island transport. Hall Contracting is delivering an array of upgrades to the port’s facilities on behalf of the Government of Tuvalu and
Business development
BREAKING NEWS: Port Esbjerg fairway deepened to 12.8 meters
The fairway to Port Esbjerg has now been fully deepened. The upgrade is set to enable access for increased cargo volumes, larger vessels and new strategic opportunities in both the energy and defense sectors, the Port said. “The deepening of the fairway marks a major milestone. It expands our overal
Business development
DP World kicks off $165M Maputo project
The $165 million expansion of DP World’s container terminal at the Port of Maputo officially started last week. According to DP World, the port will be equipped with the latest technology and world-class infrastructure to boost operational capacity and efficiency, with the terminal yard and quay und
Business development
Port Canaveral introduces $500M expansion plan
Port Canaveral is investing upwards of $500 million in landside and waterside improvements as part of its comprehensive Port Canaveral Advantage plan to expand capacity and capabilities across all aspects of its business operations. “Port Canaveral has been a driving force for the Central Florida ec
Business development
DEME Group: Oosterweel project moves ahead
The first tunnel element of the Scheldt Tunnel is floating up in the construction dock in Zeebrugge, Belgium – a feat of precision engineering of the TM COTU team (DEME Group, Besix, Jan De Nul Group and Stadsbader Contractors, for their client Lantis), as 60,000 tons of concrete must be balanced to
Business development
Jones Bros, ACCIONA JV starts Scapa Deep Water Quay project
Jones Bros has joined forces with ACCIONA to start delivering the Scapa Deep Water Quay in the Orkney islands after being awarded a Pre-Construction Services Agreement (PCSA). The PCSA, which is set to total an estimated £7.2m, will see a series of activity carried out, including outline design, gro