Business development
Business development
GLDD posts second quarter results
Great Lakes Dredge & Dock Corporation (GLDD) has reported financial results for the quarter ended June 30, 2021. Second Quarter 2021 Highlights Revenue was $169.9 million in the second quarter; Operating income was $8.8 million in the second quarter; Net income was $2.1 million in the second quarter
Business development
Lekki Port Project progresses according to schedule
The Lekki Deep Sea Port Project is moving forward according to schedule – 58.15% of the construction works have been completed so far. A multi-purpose, Deep Sea Port at the heart of the Lagos Free Trade Zone, Lekki Deep Sea Port is set to be one of the most modern ports in West Africa, offering [&he
Business development
The largest ever land reclamation job in DEME’s history in full swing
The largest ever dredging and land reclamation contract in DEME’s history – the Abu Qir port project in Egypt – is in full swing now. According to the Belgian giant, this project includes the reclamation of 1,000 hectares of new land. It also involves deepening of the port’s approach channel to 23m
Business development
JAXPORT raises the bar
The Jacksonville Port Authority (JAXPORT) has recorded strong container and vehicle volumes during the first three quarters of Fiscal Year 2021. During this time, JAXPORT moved more than one million containers, a 15 percent increase over the same period last year. JAXPORT’s fiscal year runs Oct. 1 –
Business development
Transportation Secretary Buttigieg visits Port of Baltimore
U.S. Transportation Secretary, Pete Buttigieg, made his first visit to a U.S. port since taking office, touring the Port of Baltimore yesterday. “This is a once in a generation opportunity to transform our infrastructure,” Buttigieg said. “You see how much more that could be done if the funding were
Business development
Major milestone in Townsville channel upgrade
The largest infrastructure project in the Port of Townsville’s history has reached a major milestone – completion of the $232 million Channel Upgrade project’s rock wall. According to the Port’s officials, constructing the 2.2-kilometre rock wall is the first critical step in widening Townsville’s s
Business development
Kissimmee River restoration wraps up
The USACE Jacksonville District hosted a ribbon-cutting event yesterday to celebrate the completion of the construction for the Kissimmee River Restoration Project. The scheme restores more than 40 square miles of the river floodplain ecosystem, 20,000 acres of wetlands, and 44 miles of the historic
Business development
Nassau Cruise Port: Dredging, land reclamation underway
Nassau Cruise Port has officially started dredging of several key areas of Nassau Harbour – to significantly boost the economic impact of the port redevelopment project. The works are being conducted in four areas, including: a new Oasis-class berth on the northeastern cruise pier extension; creatio
Business development
Keeping Ettalong Channel safe and accessible
Ettalong Channel is set to benefit from a $6.2 million dredging program to be carried out by the NSW Government. Parliamentary Secretary for the Central Coast and Member for Terrigal, Adam Crouch, said that the Ettalong Channel is one of five key locations to be included in one of the largest fully-
Business development
All set for Manasquan River Complex dredging
New Jersey Department of Transportation (NJDOT) said that a navigation dredging project in the Manasquan River complex in Monmouth and Ocean counties will start next week. The $7.2 million project will restore eight channels to a state of good repair to provide boaters safe access for enhanced recre
Business development
Developing sustainable solutions against coastal erosion
The University of Liverpool is part of a partnership that has been awarded funding by UK Research and Innovation (UKRI) as one of six new research projects that aim to build a sustainable future for the marine environment and all those whose livelihoods depend on it. The ‘Co-Opt’ project, led by the
Business development
Snye dredging about to begin
In the following weeks, the Regional Municipality of Wood Buffalo (RMWB) will conduct dredging work along the mouth the Snye to maintain water access to the Clearwater River. “Beginning July 28, the parking lot and waterfront area at the point of Snye Park will be closed in intermittent periods. The
Business development
Ihavandhoo Harbour development nears end
Maldives Transport and Contracting Company (MTCC) CEO, Adam Azim, inspected the progress on the Ha. Ihavandhoo Harbour development project today. The work includes: dredging and excavation operations – 30,509cbm; construction of a 95m quay wall; a 284m breakwater and a 178m revetment. Additionally,
Business development
Egypt, Jan De Nul discuss maritime cooperation
The President of Egypt, Abdel Fattah El Sisi, has discussed ways of benefiting from Jan De Nul Group’s expertise in the fields of maritime in the Red and Mediterranean seas. This subject was on the table during President’s recent meeting with Jan Pieter De Nul, the company’s CEO. According to Egypt’