Business development
Business development
EUR 10 million for Klaipeda dredging
In order to increase the capacity of Klaipėda Seaport, the Lithuanian Ministry of Transport and Communications will allocate an additional EUR 10 million for dredging on the Port’s external and internal navigation channels. Once the project is implemented, the depth of the external channel of Klaipė
Business development
Miami-Dade Coastal Study on display
USACE has released the Draft Integrated Feasibility Report and Environmental Assessment for the Miami-Dade County, Florida, Coastal Storm Risk Management Study. The four-year, $3 million study considers the feasibility of implementing engineering alternatives to manage coastal storm risks along the
Business development
Busy quarter with increase in revenue for Boskalis
Boskalis has closed a busy third quarter. In line with expectations, quarterly revenue was higher than the quarterly average for the first half year, said the company. In the past quarter, projects continue to be affected to a greater or lesser extent by the consequences of the COVID-19 pandemic. “I
Business development
Saving Mersea Island harbour from erosion
Work to protect Mersea Harbour from erosion is officially underway. The Harbour is protected by islands that have been washing away for many years due to the rise in sea levels and storm wave action, increasingly so in recent years. The project will see 98,000m3 of dredged sand and gravel from Harwi
Business development
President Biden tours Port of Baltimore
U.S. President Joe Biden toured the Port of Baltimore yesterday – the largest e-commerce port and one of the busiest ports in the United States. During the visit, Biden touted the passage of a $1.2 trillion infrastructure bill that Democrats hope will allow his administration to regain momentum even
Business development
India Ratings and Research downgrades DCI’s long-term issuer rating
India Ratings and Research (Ind-Ra) has downgraded Dredging Corporation of India (DCI) Long-Term Issuer Rating to ‘IND BBB+’ from ‘IND A’. The Outlook is Negative. According to the rationale report, the downgrade and Negative Outlook reflects the weakening of DCI’s liquidity position in FY21 due to
Business development
DEME’s TSHD Meuse River arrives in Portugal
DEME Group’s dredging crews are back in Portugal. The trailing suction hopper (TSHD) Meuse River has arrived in Leixões, near Porto, DEME said in their latest project update. The dredger just started the first dredging phase of the port extension project which is being executed with their partners T
Business development
Land & Water switches to using 100% HVO fuel
Wet civil engineering firm Land & Water has switched to using 100% HVO fuel in all of its projects as part of its commitment towards reducing its carbon footprint. The UK SME is also aiming to become Carbon Net Zero by 2030. “This forward-thinking and innovative change has been driven by a recent in
Business development
The Middle East’s largest dredger joins Suez Canal expansion work
The cutter suction dredger (CSD) Hussein Tantawy – the newest and largest dredger of the Suez Canal Authority (SCA) – has joined the project to expand and deepen the southern area of the Suez Canal. Both the Hussein Tantawy, and the earlier delivered CSD Mohab Mameesh, are 29,190kW heavy-duty rock c
Business development
Hatch wins the Consulting Engineers Award
At the Construction World Best Projects gala event on November 3, Hatch won the Consulting Engineers award for Kenmare Resources’ (Kenmare) Wet Concentrator Plant B relocation project in Mozambique, Southern Africa. The Moma Titanium Minerals Mine in northern Mozambique, owned and operated by Kenmar
Business development
Council unveils Central Rhyl flood defence plans
Denbighshire County Council has announced the latest plans for the defences at Central Rhyl, between Splash Point and Drift Park. The proposed scheme aims to improve coastal flood defences to protect almost 600 homes and businesses and protect the tourist economy from flooding events and coastal ero
Business development
Several new contracts for MTCC
Maldives Transport and Contracting Company (MTCC) and the Ministry of National Planning, Housing and Infrastructure (MNPHI) have signed new contracts for implementation of several coastal protection and harbour development projects. Number one is the Lh. Kurendhoo Coastal Protection Project. Scope o
Business development
Duterte inaugurates Puerto Princesa Seaport expansion
The Philippines President Rodrigo Duterte led the inauguration of the Puerto Princesa Seaport expansion project last week. In a speech delivered in Puerto Princesa City, Duterte said that he is excited to see the outcome of the opening of the improved seaport. “We welcome this infrastructure develop
Business development
$2.5B earmarked for inland waterways projects
H.R. 3684, the Infrastructure Investment and Jobs Act, passed the House by a vote of 228 to 206 on Friday. The bill is headed to the President to be signed into law. For the U.S. inland waterways system, a historic $2.5 billion of 100% federal funding is provided for construction and major rehabili