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Business & Finance

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Positive Comments for Charleston Deepening
Business & Finance

Positive Comments for Charleston Deepening

The SC Ports Authority has announced October volumes up nearly 17 percent year over year, continuing a strong growth trend in container traffic well above the organization’s financial plan. SCPA handled 164,672 twenty-foot equivalent units (TEUs) in October, up from 141,049 TEUs moved during the sam

about 11 years ago
Secretary-General Backs Up New Exploration Contract
Business & Finance

Secretary-General Backs Up New Exploration Contract

Speaking at the contract signing between the International Seabed Authority (ISA) and Ifremer on Tuesday, November 18, Secretary-General Nii Allotey Odunton said the new contract marked the beginning of a new era in what has been a productive relationship between Ifremer and the ISA. He said the con

about 11 years ago
Port of Skagit Approves 2015 Budget
Business & Finance

Port of Skagit Approves 2015 Budget

The Port of Skagit will focus next year on economic development initiatives aimed at bringing good jobs to the Skagit Valley while investing in infrastructure improvements on its own properties, as outlined in the 2015 operating and capital budgets approved by the port commissioners on November 18.

about 11 years ago
State of Florida: 5 Proposals for 20 Projects
Business & Finance

State of Florida: 5 Proposals for 20 Projects

Governor Rick Scott yesterday announced 5 proposals for 20 projects totaling $77 million were submitted to the Gulf Coast Ecosystem Restoration Council (Council) for consideration under the Council-Selected Restoration Component portion of funding through the Resources and Ecosystems Sustainability,

about 11 years ago
Tests on New Type of Floating Reed Marsh
Business & Finance

Tests on New Type of Floating Reed Marsh

Deltares has tested a new type of floating willow mattress. It keeps the reed marsh that develops on top floating for longer than the present ‘sinking’ reed marshes. The new type provides better wave attenuation than the older structure. As a result, these floating reed marshes help to defend shores

about 11 years ago
GLDD: Pricing of $25M of Senior Notes Due 2019
Business & Finance

GLDD: Pricing of $25M of Senior Notes Due 2019

Great Lakes Dredge & Dock Corporation yesterday announced that it has priced its previously announced offering of $25 million in aggregate principal amount of its 7.375% Senior Notes due 2019 and entered into an agreement to sell the Notes. The closing of the offering is expected to occur on Novembe

about 11 years ago
Grants Announced for Long Island Sound
Business & Finance

Grants Announced for Long Island Sound

The Connecticut congressional delegation yesterday applauded fourteen grants from the National Fish and Wildlife Foundation’s Long Island Sound Futures Fund supporting preservation and restoration of the Long Island Sound in communities across the state. NFWF’s Long Island Sound Futures Fund support

about 11 years ago
X-SUBSEA Delivers Unique Solution
Business & Finance

X-SUBSEA Delivers Unique Solution

X-Subsea has recently completed a scope of work off the West African coast delivering a unique and innovative solution to their client for shore approach trenching. The project scope of work involved the trenching of a 10” pipeline close to the shore with a target burial depth of 2 m for a distance

about 11 years ago
BAM Scores Major Marine Gig in Abu Dhabi
Business & Finance

BAM Scores Major Marine Gig in Abu Dhabi

BAM International, the operating company of Royal BAM Group active outside of Europe, has been awarded a contract to construct the marine infrastructure for the phase 3 of the Al-Dabbiya oil field development by client Abu Dhabi Company for Onshore Oil Operations (ADCO). BAM expects to complete this

about 11 years ago
New Harbor Ruchyi Canal Put into Operation
Business & Finance

New Harbor Ruchyi Canal Put into Operation

The newly reconstructed approach canal in New Harbor Ruchyi has been put into operation in Ust-Luga seaport. The project, carried out under the “Development of Transport system of Russia (2010-2020)” program, was performed by FSUE “Rosmorport”. During the last stage of the works, approx. 405.700 m³

about 11 years ago
Picture of the Day: Van Oord’s Dredger at Koper
Business & Finance

Picture of the Day: Van Oord’s Dredger at Koper

Van Oord recently wrapped up the first phase of the Port of Koper dredging project. During this deepening program, Van Oord removed approximately 230,000 m3 of sea sediments (silt), allowing larger vessels, with a draft of up to 13.5, to enter the port’s Northern part of Basin I. In addition, a new

about 11 years ago
Swansea Channel Dredging Moves Ahead
Business & Finance

Swansea Channel Dredging Moves Ahead

Minister for Natural Resources, Lands and Water, Kevin Humphries and Minister for Roads and Freight Duncan Gay announced that the work is now underway on a $2.5 million dredging project to boost safety for boaters using Swansea Channel. Mr Humphries said the work would provide a more reliable naviga

about 11 years ago
New Video on the Progress of Eko Atlantic
Business & Finance

New Video on the Progress of Eko Atlantic

Eko Atlantic city, a creative and ambitious development project, is about to change the face of Africa, transforming the Lagos State into a megacity. The city, currently under construction off Bar Beach, Victoria Island, will become the new financial epicenter of West Africa by the year 2020. The ne

about 11 years ago
GLDD: Offering of Senior Notes Due 2019
Business & Finance

GLDD: Offering of Senior Notes Due 2019

Great Lakes Dredge & Dock Corporation today announced that it intends to offer up to $25 million in aggregate principal amount of 7.375% Senior Notes due 2019. The Notes, if issued, would be senior unsecured obligations of the Company and its subsidiaries that guarantee the Notes. Each of the Compan

about 11 years ago
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