Business development
Business development
Appointment of new CEO at Boskalis
Effective 1 April 2025, Peter Berdowski will step down as CEO of Boskalis. He will be succeeded by Theo Baartmans, a member of the Board of Management since 2007. Mr. Berdowski will be appointed Chairman of the Supervisory Board as of the same date. Boskalis’ financial position is very healthy, the
Business development
Boskalis posts record breaking 2024 annual results
Boskalis said this morning that in 2024 they surpassed all previous financial records with an all-time high revenue, result and order book. The revenue amounted to EUR 4.4 billion, with a strong contribution from the Offshore Energy division. EBITDA and net result increased by more than 28% having a
Business development
Trump administration to cancel lease for USACE office in Jacksonville
The Trump administration will terminate the lease for the Army Corps of Engineers Florida office in Jacksonville in August, but has not announced any personnel or program cuts to the 800 federal employees who work there. The administration has not announced plans to close field offices in Palm Beach
Business development
Bob Hall Pier Rebuilding Project remains on schedule
Callan Marine’s Marine Construction Division said that their crew has been hard at work on the Bob Hall Pier Rebuilding Project in Corpus Christi and remains on schedule. After Hurricane Hanna delivered a devastating blow in 2020, Nueces County officials committed to rebuilding the Bob Hall Pier, sa
Business development
Port of Barcelona awards contract for Catalunya wharf project
The Port of Barcelona’s Management Board last week awarded a contract for construction of the embankment of the enclosures of the new Catalunya wharf to the JV Sacyr Construcción, SA – José Antonio Romero Polo, SAU for an amount of €72.3 million. The works will take 27 months to complete and will in
Business development
DEME’s Environmental segment on the rise
The DEME Group’s Environmental segment achieved double digit turnover growth compared to last year, the company said. EBITDA for 2024 was 44 million euro, with an EBITDA margin of 12.9%, down from 16.8% a year ago. EBITDA in 2023 included a non-recurring settlement on a completed project in the Neth
Business development
Construction of Hungarian port kicks off at Trieste, Italy
The construction of the Hungarian port has started at the Adriatic Sea in Trieste, Italy, said Levente Magyar, Parliamentary State Secretary of the Ministry of Foreign Affairs and Trade. Work is set to begin with the construction of a large section of the seawall and a 50,000-cubic meter filling on
Business development
Mega expansion at APM Terminals MVII: First shovel goes into the ground
APM Terminals Maasvlakte II has just announced the official start of the expansion of its terminal. The expansion, realized in close cooperation with the Port of Rotterdam Authority and the CareGo consortium, is set to double the capacity of APM Terminals MVII. According to APM Terminals, this will
Business development
Port of Oxelösund invests big in dredging
The Port of Oxelösund, Sweden, is investing almost SEK 700 million ($65.7 million) in dredging, quay extension works and other marine infrastructure upgrades. According to the Port’s official statement, this is a long-term investment aimed to meet new logistics needs, while creating new business opp
Business development
Port of Salalah invests $300M in expansion program
The APM Terminals-operated Port of Salalah has invested $300 million in expanding and ensuring readiness for the new network under the Gemini-cooperation. The investment has included upgrades to all six existing berths and an expansion of the yard. Also, the expansion has moved the terminal from a c
Business development
DEME announces important milestone at Fehmarnbelt tunnel
DEME Group today announced an important milestone at the Fehmarnbelt tunnel project – the first two massive 73,500-ton tunnel elements for the project have successfully been floated up from the skidding beams in Upper Basin A and carefully transferred to Lower Basin A.This achievement was the result
Business development
Largest vessel to call Port of Charleston arrives at Wando Welch
SC Ports and the Port of Charleston, South Carolina, set a new record yesterday, receiving their largest capacity containership to date – the OOCL Iris – at Wando Welch Terminal. The record was previously held by CMA CGM’s MARCO POLO, which first called on Wando Welch in May 2021 and has a capacity
Business development
JAXPORT wraps up first of two berth expansions at Blount Island
Contractors for the Jacksonville Port Authority (JAXPORT) have completed a year-long construction project to expand vehicle Berth 22 at the port’s Blount Island Marine Terminal. The berth is the first of two vehicle berth projects in a $60 million total initiative to increase efficiencies and accomm
Business development
NMDC Group posts full year financial results for 2024
NMDC Group has just announced its full year financial results for 2024, achieving an exceptional 57% Y-o-Y growth in its revenues. According to the latest news, the company grew its net profits in 4Q24, reporting a net profit of AED 916 million ($249.3 million), reflecting a 43% increase compared to