Business development
Business development
EXCLUSIVE: Suez Canal dredging nears end
The annual revenues of Egypt’s Suez Canal Authority (SCA) are at an all-time high – amounting to $9.4 billion during the 2022/2023 fiscal year. This information was revealed by SCA Chief Admiral Osama Rabie yesterday. Rabie also added that a total of 25,887 ships crossed the Suez Canal maritime pass
Business development
AfDB OKs money for modern floating dock facility in Ghana
The Board of Directors of the African Development Bank has approved a $23.04 million loan to Prime Meridian Docks AssetCo Ltd (PMD), a special purpose entity, to co-finance the construction of a modern floating dock ship repair facility in Ghana’s western Takoradi port. The loan will support the com
Business development
AD Ports to deepen the Karachi Gateway Terminal
AD Ports Group and Karachi Port Trust (KPT) announced today the signing of a concession agreement for the development and operation of the Karachi Gateway Terminal Limited (KGTL). Under the terms of the 50-year concession agreement, a Joint Venture between AD Ports Group, as a majority shareholder,
Business development
Agreement signed for Southwest Coastal Louisiana Risk Reduction Project
The U.S. Army Corps of Engineers and the Coastal Protection and Restoration Authority of Louisiana have signed a partnership agreement for the $6.5 billion Southwest Coastal Louisiana hurricane and storm damage risk reduction and coastal ecosystem restoration project. The project will be cost shared
Business development
BREAKING NEWS: Boskalis to create 40 hectares of new land at Maasvlakte 2
Boskalis and the Port of Rotterdam Authority have signed a contract for the construction of approximately 40 hectares of new land in the northwest corner of the Prinses Alexiahaven on Maasvlakte 2. In addition to constructing the site, Boskalis will also build two sand dams. Behind these sand dams,
Business development
Roxbury awarded grant to study Landing Channel project
Roxbury Township was recently awarded a $113,650 grant from the New Jersey Highlands Council to fund a study on a “beneficial reuse and dredging” project in Landing Channel. The project aims to both reduce nutrient-heavy sediment and restore wetland habitat in the cove to improve water quality on La
Business development
William P. Doyle new CEO of Dredging Contractors of America
The Dredging Contactors of America’s (DCA) Board of Directors unanimously voted on June 19, 2023, William P. Doyle as its new Chief Executive Officer and Executive Director. The position commences effective immediately. “On behalf of the Dredging Contractors of America Board of Directors, I am pleas
Business development
CEDA-IADC course Dredging for Sustainable Infrastructure kicks off in Beveren
The CEDA-IADC Dredging for Sustainable Infrastructure course kicked off today in Beveren, Belgium. During the next two and a half days, the participants will learn how to implement the sustainability principles into dredging project practice. Experienced lecturers will inform about the latest thinki
Business development
Dredging at Beer Can Island about to begin
After some delays caused by wildlife, residents and visitors will soon be able to pass through Channel 1A along Greer Island (Beer Can Island). The dredging project will be underway by mid-July, the Observer reports. Currently, a buildup of sand that gradually washed down shore from the beaches has
Business development
Gloucester Docks: The second phase of dredging wraps up
The second phase of the Canal & River Trust’s dredging programme at Gloucester Docks has been completed, Gloucester News Centre said. A total of 9,000m3 of silt, equivalent to 3.6 Olympic swimming pools, has been removed in the latest phase of the £1 million programme that began last November. Throu
Business development
New sea defences planned for Coney Beach
Public notices have been placed throughout Coney Beach in Porthcawl advising residents that Bridgend County Borough Council intends to use some of the land in the waterfront area to deliver new, improved sea defences. The new sea defences planned for Coney Beach are designed to protect businesses an
Business development
TU Delft: Promoting knowledge exchange on nautical depth issues
Back in 2018, TU Delft | Civil Engineering and Geosciences, Port of Rotterdam, and Hamburg Port Authority (HPA) Anstalt öffentlichen Rechts signed a Memorandum of Understanding to promote cooperation and knowledge exchange on nautical depth issues. Based on this MoU, the multidisciplinary academic n
Business development
NSW Government Taskforce advances sand solution for Stockton
A $6.2 million grant from the Federal Government to place sand on Stockton Beach, that was at risk of being lost, has been saved following the intervention of the Minister for Regional NSW Tara Moriarty. The Stockton Beach Taskforce met yesterday for the first time in more than a year with Minister
Business development
Hudayriyat Mega Project: NMDC builds the world’s first manmade mountains
National Marine Dredging Company has just released the latest update on the Hudayriyat Island development scheme. This mega project – to be spearheaded by developer Modon Properties – will span more than 51 million square metres, accounting for more than half of Abu Dhabi Island. NMDC Group’s dredgi