Business development
Business development
Sustainability innovations by Boskalis: Electric testing ground
From electric cranes, bulldozers, trucks and mobile battery containers to diesel-electric inland vessels and hydrogen-powered dredging with the crane pontoon Medusa 2: in 2023, Boskalis is involved in a large number of sustainability innovations for its equipment in the Netherlands. Around the Nethe
Business development
DEME: Environmental Segment continues its steady growth
DEME Group announced the third quarter results earlier this week. On a year-to-date basis, group turnover grew 16%, led by Offshore Energy and Environmental. The Environmental Segment continued its steady growth increasing the top line 62% year-to-date. Soil remediation and water treatment project w
Business development
Interview with Eng. Yasser Zaghloul, NMDC Group CEO: New brand identity and sustainable future
NMDC Group has launched its new brand identity, highlighting the company’s growth plans and vision as one of the world’s fastest-growing EPC and marine dredging firms. The new brand, fusing achievements with a sustainable future, will be applied to all of the Group’s subsidiaries – NMDC Dredging Mar
Business development
MIP unveils $455M project to boost container capacity – EMH2
Mersin International Port Management Inc. (MIP), a joint venture between PSA International, Akfen and IFM, launched its $455 million East Med Hub 2 (EMH2) Project last week. The ceremony was graced by the attendance of Mersin Governor, Ali Hamza Pehlivan, and Deputy Governor, Ibrahim Küçük, Commande
Business development
Bintulu Port Holdings CEO tours Samalaju dredging project
En. Ruslan Bin Abdul Ghani, Group Chief Executive Officer (CEO) at Bintulu Port Holdings Berhad, accompanied by Pn. Zarifina, GM Health Safety & Environment, and En. Safuan, GM Group Maintenance & Reliability, toured the dredging works at the water boundary of Samalaju Port yesterday. According to t
Business development
DEME announces third quarter results
DEME Group announced the third quarter results today. On a year-to-date basis, group turnover grew 16%, led by Offshore Energy and Environmental. “Our orderbook remains high reflecting healthy demand, strong market positioning and sizeable wins in both Offshore Energy and Dredging & Infra,” said the
Business development
Second phase of Tema Port Expansion begins
The second phase of the Tema Port Expansion Project was officially launched last week by Ghana’s President Nana Addo Dankwa Akufo-Addo. The second phase of Tema Port Expansion Project encompasses the paving of an expansive 270,000-square-meter area, expanding the terminal’s footprint from 100 hectar
Business development
Third quarter: Boskalis reports strong performance in all divisions
Royal Boskalis B.V. said that they have completed a historically good third quarter. Boskalis is thereby on course for a very strong full year result on the back of a good first half of the year. Fleet utilization was high and there was an increase in revenue and results at all divisions, particular
Business development
DE Klop joins forces with Machinefabriek De Hollandsche Yssel
DE Klop B.V. has just announced the acquisition of Machinefabriek De Hollandsche Yssel, a renowned name in the dredging industry. According to the officials, the strategic move is an important step towards further growth of both companies and will lead to better service for customers in the dredging
Business development
EXCLUSIVE VIDEO: Improving Gdynia Port accessibility with Jan De Nul dredgers
Jan De Nul Group has just released this amazing video named ‘Gdynia, improving the port’s accessibility with an diverse dredging fleet’. In northern Poland along the Baltic Sea lies Gdynia. Historically a small fishing village, but this changed in the 1920s. Eager to take the region to a higher econ
Business development
Work on DP World London Gateway Berth 4 in full swing
Works are progressing well at the DP World London Gateway Port Berth 4 extension project, McLaughlin & Harvey Ltd said. Due to increasing container trade and container vessel visits, the current port development had reached capacity and the quay needed to be extended and a fourth berth created. New
Business development
U.S. DFC invests $553M in Colombo West Container Terminal
The U.S. International Development Finance Corporation (DFC) has committed more than half a billion dollars to support the development of a deepwater shipping container terminal in the Port of Colombo in Sri Lanka. DFC Chief Executive Officer (CEO), Scott Nathan, traveled to Sri Lanka recently to la
Business development
GLDD reports third quarter 2023 results
Great Lakes Dredge & Dock Corporation (GLDD) today reported financial results for the quarter ended September 30, 2023, saying that the revenue was $117.2 million for the third quarter. Also, total operating loss was $5.1 million for the third quarter, net loss was $6.2 million and adjusted EBITDA w
Business development
Spotlight on Immingham Green Energy Terminal (IGET)
In a prior information notice (PIN) published on 31 October, Associated British Ports (ABP) said that they are looking to appoint a lead contractor or consortium to undertake the construction of the Immingham Green Energy Terminal (IGET) and associated marine infrastructure works. The estimated valu