Business development
Business development
ICTSI outlines vision for Australia’s biggest port
International Container Terminal Services Inc. (ICTSI) has outlined a significant proposal for the expansion of the Victoria International Container Terminal (VICT), its 100 percent owned subsidiary in the Port of Melbourne, Australia. The proposal would dramatically increase efficiencies and pave t
Business development
Withdrawal of Boskalis, DEME, Jan de Nul, Van Oord – a huge challenge for Russia
Russia experienced a considerable increase in the costs of dredging works in 2022. The main reason for this is the withdrawal of top European dredging companies from the Russian market, said Andrey Boldorev, Head of the Department for Investments and Strategic Development, FSUE Rosmorport, at the 6t
Business development
Dhaka, Bangladesh, to host Workboat Seminar in March
Damen Shipyards today invited members of the Bangladeshi maritime community to join the company’s experts for the seminar to be held in the evening of 6th of March 2023 at the Amari hotel in Dhaka, Bangladesh. There, local operators from the private and public sectors will have the opportunity to fi
Business development
GPA, USACE ink agreement for Brunswick Harbor Modifications
Georgia Ports Authority (GPA) Board Chair, Joel Wooten, GPA Executive Director, Griff Lynch, and U.S. Army Corps of Engineers Colonel, Joseph Geary, have signed an agreement to begin the design phase for the Brunswick Harbor Modifications Project. The project will expand the Cedar Hammock Range, all
Business development
New plans for Lake Accotink on display
Fairfax County is holding two public meetings this week to discuss the future of Lake Accotink Park after a new analysis of a multiyear plan for the lake found dredging to be too costly and disruptive. The analysis determined that the annual cost to dredge and maintain Lake Accotink over the next 25
Business development
Dredging Corporation of India posts highest ever Q3 turnover
Dredging Corporation of India (DCI) achieved the highest ever third quarter turnover of ₹372.30 crore (over $45 million), since inception, for the financial year 2022-23. DCI reported a turnaround performance in the third quarter for the present fiscal, making a profit of ₹13.84 crore. The Earning P
Business development
Brennan acquires dredging & dewatering division of IAI
J.F. Brennan Company, Inc. (Brennan) has finalized the asset acquisition of the dredging and dewatering division of Infrastructure Alternatives, Inc. (IAI). The purchase brings dewatering, water treatment, and treatability testing services into the organization for the first time. Environmental serv
Business development
First section of Houston’s Project 11 wraps up
The Houston Ship Channel expansion project, also known as Project 11, continues to make significant progress. Port officials announced yesterday that dredging of the first segment extending from Bolivar Roads to Redfish, known as Segment 1A, is now wrapped up. The work was completed on schedule and
Business development
New Bulacan Airport to boost tourism in the Philippines
Over the years, tourism has been proven to be a lucrative industry that contributes a big chunk to the Philippine economy, the Philippine News Agency (PNA) reports. Data from the Department of Tourism (DOT) showed 2.65 million international visitor arrivals in 2022, surpassing its 1.7 million target
Business development
Van Oord: Reducing carbon footprint at Hansweert dyke project
Van Oord presented the ????????? ???? ????????????? ??????? at InfraTech 2023. Together with KWS, they are reinforcing the dyke over a distance of more than 5 kilometres. Reducing the (carbon) footprint of this project is a leading principle, therefore the work is being carried out as sustainably as
Business development
Utrenny LNG terminal project includes massive dredging operations
The facilities of Utrenny terminal for LNG and gas condensate built in Sabetta seaport on the Yamal peninsula under the Arctic LNG 2 project are to be put into operation in May 2023, according to the official portal for Russia’s national projects. Equipment for the first technological train of about
Business development
Royal IHC releases Annual Report
Royal IHC has published its delayed Annual Report 2021. This delay is due to the outline agreement with the company’s financial stakeholders, concluded at the end of 2022, which had to be incorporated into the report. In 2021, Royal IHC’s focus was on successfully completing the large and complex pr
Business development
President Buhari launches $1.5 billion Lekki Port
Nigerian President Muhammadu Buhari officially commissioned the $1.5 billion newly completed Lekki Deep Seaport yesterday, located at the Ibeju Lekki area of Lagos State. With the official commissioning, the port has become eligible to begin commercial operations of receiving imports and shipping ex
Business development
Largest container vessel berths at Lekki Port ahead of commissioning
Ahead of the commissioning of the Lekki Deep Seaport by President Muhammadu Buhari – set for today – the largest container vessel has already berthed at the port. The Nigerian Ports Authority (NPA) announced the arrival of the vessel, owned and operated by the French shipping firm CMA/CGM, on Sunday