Business development
Business development
SOWEC SIM announces Port of Nigg expansion program
The Strategic Investment Model (SIM) Working Group of the Scottish Offshore Wind Energy Consortium (SOWEC) introduced the Port of Nigg West Deepwater Quay Expansion Project yesterday, as a pivotal initiative in Stage 2 of the SIM. The project is set to extend the existing West Quay at Nigg, creating
Business development
BREAKING NEWS: Romania OKs $229M dredging plan for Constanta Port
The Romanian Government has approved a three-year $229 million dredging plan across 400 ha at the Port of Constanta. This dredging program is part of a strategic plan to harness European funds for maritime infrastructure development, ensuring the port remains competitive in the global maritime arena
Business development
NMDC unveils dredging expertise at EGYPES
NMDC Group, a company involved in engineering, procurement, construction, and marine dredging, is showcasing its expertise in both energy and dredging projects at the ongoing Egypt Energy Show (EGYPES) 2024. Eng. Yasser Zaghloul, Group Chief Executive Officer of NMDC Group, said: “EGYPES presents us
Business development
USACE officials at UMIMRA meeting in Quincy, Illinois
Last week, representatives from the Rock Island District and St. Louis District provided district overviews and project updates to attendees at the Upper Mississippi, Illinois & Missouri Rivers Association (UMIMRA) Meeting in Quincy, Illinois. “This annual event is an opportunity for attendees from
Business development
Government invests in coastal protection work in Lax Kw’alaams
The Government of Canada said that the measures are being put in place to stabilize the shoreline in Lax Kw’alaams after an investment of more than $5 million from the federal government. Announced by Minister Jonathan Wilkinson, this project will protect the community’s critical infrastructure and
Business development
SCA Chairman, Dutch Ambassador discuss ways to enhance cooperation
Osama Rabie, the Chairman of the Suez Canal Authority (SCA), this week met with Peter Mollema, the Dutch Ambassador to Cairo, to discuss ways of boosting joint cooperation in the fields of training and green transformation. At the meeting, Rabie expressed appreciation for the extensive cooperation b
Business development
GLDD posts fourth quarter and full year 2023 results
Great Lakes Dredge & Dock Corporation (GLDD) yesterday reported financial results for the quarter and year ended December 31, 2023. Fourth Quarter 2023 Results Full Year 2023 Results Commenting the news, Lasse Petterson, President and Chief Executive Officer, said: “We ended the year strong with sol
Business development
Minister O’Donovan announces funding approval for Ardmore Bay works
Minister of State with responsibility for the Office of Public Works, Mr. Patrick O’Donovan, T.D., has announced the approval of Waterford County Council’s application for funding under the Office of Public Works’ Minor Flood Mitigation Works and Coastal Protection Scheme. A sum of €19,207 had been
Business development
Royal IHC dredging course for Van Oord’s young officers
The last week of January, Royal IHC’s Training Institute hosted a group of young officers from Van Oord. As part of their preparations, a short course about general dredging and Trailing Suction Hopper Dredgers was provided. “In five days, the participants got to know some of their new colleagues, t
Business development
Princess Amaliahaven expansion: Van Oord uses underwater ROV drone
Together with its partners HOCHTIEF CZ a. s. and Ballast Nedam, Van Oord’s crews are working on the expansion of Princess Amaliahaven on behalf of Haven Rotterdam. They are constructing 2.5 kilometres of new inland shipping and deep-sea quays, which will have a depth of max. 20 metres. Part of the p
Business development
NMDC Group reports record growth in revenues and net profits
The UAE-based National Marine Dredging Company Group (NMDC Group) yesterday announced its financial results for the full year 2023, reporting record growth in revenues and net profits compared to the previous year. In FY2023, NMDC recorded a revenue of AED 16.7 billion, a 56% surge from the previous
Business development
Carbon Disclosure Project: A- Score for Van Oord
Van Oord has achieved an A- score for its CDP disclosure of 2022. The Carbon Disclosure Project (CDP) is a global non-profit that runs the world’s environmental disclosure system for companies, cities, states, and regions. “Achieving a high score with CDP reflects an organisation’s transparency in d
Business development
McConalogue announces investment of €29.7M in Fishery Harbour Centres
Minister for Agriculture, Food and the Marine, Charlie McConalogue T.D, last week announced the allocation of almost €29.7m for capital projects in 2024 in Ireland’s six state-owned Fishery Harbour Centres at Killybegs, Ros an Mhíl, An Daingean, Castletownbere, Dunmore East and Howth. Commenting the
Business development
Contractor appointed for coastal protection work in Chichester District
Chichester District councillors have agreed to appoint a specialist contractor to undertake routine maintenance of District’s coastal defence assets. The decision was made at a meeting of Council’s Cabinet on February 6, 2024. The contractor will carry out work on behalf of the council over the next