Business development
Business development
Boskalis reports record-breaking year
Boskalis published its 2023 financial results today. The company said that they have concluded a historic 2023 with both revenue and earnings reaching a record level. Revenue increased by 20% to EUR 4.28 billion, EBITDA increased 68% to EUR 1 billion and EBIT increased 135% to EUR 701 million. Net p
Business development
Padilla secures over $41M for 31 projects across the Bay Area
U.S. Senator Alex Padilla (D-Calif.) said that he has secured over $41.2 million in federal funding for 31 projects across the Bay Area in the first package of FY 2024 appropriations bills. Senator Padilla said: “I am proud to have also secured funding for projects that will improve the quality of
Business development
City of New Haven seeks USACE permit for New Haven Harbor work
The USACE New England District has received a permit application from the City of New Haven Engineering Department for a proposed work in New Haven Harbor waters at Long Wharf Park on Long Wharf Drive in New Haven, Connecticut. The proposed work involves the permanent discharge of up to 11,410 cubic
Business development
BREAKING NEWS: Port of Virginia opens wider shipping channel
The Port of Virginia’s wider shipping channel is now open for two-way passage of ultra-large container vessels (ULCV). Widening the channel is part of the port’s $1.4 billion strategic infrastructure investment package that focuses on creating efficiency, supporting larger cargo volumes and increasi
Business development
VICT completes Phase 3A expansion
Victoria International Container Terminal (VICT) completed Phase 3A of its expansion project recently. With the expansion of VICT, supersized ships can now sail directly into Port Phillip and dock at VICT – the only terminal in Melbourne capable of receiving these. The AUD235 million (Php8.5 billion
Business development
Embassy of Vietnam delegation tours Royal IHC shipyard
A delegation from the Embassy of Vietnam toured Royal IHC shipyard in Kinderdijk earlier this week. Among the guests were Ambassador, Ngo Huong Nam, Second Secretary, Hoang Duc Nam, and Business Development Manager, Emma Nga Nguyen, from FPT Software. “We were delighted to have fruitful discussions
Business development
Aecon: Important milestone for Contrecœur Terminal Expansion project
Contrecoeur Terminal Constructors General Partnership, comprised of Aecon (40%) and Pomerleau (60%), has executed a contract with the Montréal Port Authority for the Contrecœur Terminal Expansion project in-water works under a Progressive Design-Build approach. The collaborative agreement covers a 1
Business development
Atlas Professionals division tours new Royal IHC TSHD
The Marine NL division of Atlas Professionals recently attended the customized introduction into Dredging & Offshore training, organized by Royal IHC in Kinderdijk. Atlas Operational Teams from both Capelle and Urk offices attended the training. During this education session, the teams dived further
Business development
DEME’s job in Sri Lanka wraps up, dredging projects in West Africa move ahead
DEME Group’s Dredging & Infra segment today reported a turnover of 1.6 billion euro, 5% higher than a year ago. Orderbook increased 33% – compared to a year ago. DEME said that the segment finished the works on a container terminal in Sri Lanka and continued working on several projects in West Afric
Business development
Agreement reached to launch Dragflow USA
Technosub Group and DRAGFLOW have joined forces to launch Dragflow USA, elevating pumping and dredging solutions across the United States. The President and CEO of the Technosub Group, Mr. Eric Beaupre, is delighted with this strategic alliance: “The launch of Dragflow USA underscores our commitment
Business development
More time to comment the MKARNS 12-foot channel deepening project
The U.S. Army Corps of Engineers, Little Rock District is extending public comment period for the draft Supplemental Environmental Assessment and draft Finding of No Significant Impact for the McClellan–Kerr Arkansas River Navigation System (MKARNS) 12-foot Channel Deepening Project. According to US
Business development
Prime Minister of Barbados visits Van Oord
The Prime Minister of Barbados, Mia Amor Mottley, visited Van Oord’s Rotterdam office yesterday. The visit was part of her working visit to The Netherlands. As an island state, Barbados is particularly susceptible to the impacts of climate change, including coastal inundation and sea level rise. Pri
Business development
Work on offshore breakwater at Dabhol LNG moves ahead
The construction work on the offshore breakwater on Dabhol LNG port, undertaken by Larsen & Toubro Limited, is moving forward. This 2.3 km long structure aims to reduce the action of the swell on the unloading vessels alongside. Concrete Layer Innovations (CLI) has been working with the contractor t
Business development
Weeks Marine wins Hudson River Ground Stabilization Project
The Gateway Development Commission’s (GDC) Board of Commissioners awarded this week the Hudson River Ground Stabilization (HRGS) Project to Weeks Marine, Inc. for expert professional design-build services. The HRGS marks the first heavy construction contract by GDC on the Hudson Tunnel Project (HTP)