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Business & Finance

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Dredging to Boost Traffic at Port Hueneme (USA)
Business & Finance

Dredging to Boost Traffic at Port Hueneme (USA)

Governor Edmund G. Brown Jr. this week signed AB 2395 by Assemblymember Bonnie Lowenthal (D-Long Beach) into law. AB 2395 increases the Oxnard Harbor District’s borrowing authority from the current $1 million cap to $10 million, but retains key accountability standards, including a two-thirds vote b

about 12 years ago
UPDATE: Four Abducted Workers Released in Nigeria
Business & Finance

UPDATE: Four Abducted Workers Released in Nigeria

Four Nigerian nationals, attached to Setraco Nigeria Ltd., who were kidnapped by unknown gunmen from the dredging site along the Nembe waterways on Saturday (August 16th) are free at last. Spokesman of the Bayelsa State Police Command, Mr.Alex Akhigbe, confirmed yesterday to the NGR Guardian news si

about 12 years ago
Picture of the Day: Bulldozer Levels Sand at Rockaway Beach
Business & Finance

Picture of the Day: Bulldozer Levels Sand at Rockaway Beach

The U.S. Army Corps of Engineers, New York District, in conjunction with the New York City Department of Parks and Recreation and the New York State Department of Environmental Conservation, continue work on a $36.5 million coastline restoration project at Rockaway Beach by placing nearly 3.5 millio

about 12 years ago
New Equipment Arrives at Suez Canal Project
Business & Finance

New Equipment Arrives at Suez Canal Project

Around 17.5 million cubic meters of material have been dug so far at the newly-launched Suez Canal Project, military spokesman Brigadier Mohamed Samir said. In a statement, Samir noted that some 52 companies are now working at the project site. He added that new equipment were imported from aboard f

about 12 years ago
USA: Compass Closes Acquisition of Clean Earth
Business & Finance

USA: Compass Closes Acquisition of Clean Earth

Compass Diversified Holdings, an owner of leading middle market businesses, announced the closing of the acquisition of Clean Earth Holdings, Inc., pursuant to an agreement it entered into on August 7, 2014. The acquisition, which was completed for a purchase price of $253 million and funded through

about 12 years ago
EPA Assesses Louisiana’s Coastline and Estuaries (USA)
Business & Finance

EPA Assesses Louisiana’s Coastline and Estuaries (USA)

The U.S. Environmental Protection Agency (EPA) recently awarded $485,000 to the Louisiana Department of Wildlife and Fisheries (LDWF) for testing water quality along the state’s Gulf Coast. The sampling results will contribute to EPA’s National Coastal Conditions Assessment (NCCA). The NCCA is a sur

about 12 years ago
DP World: Strong Financial Results in 2014
Business & Finance

DP World: Strong Financial Results in 2014

Global marine terminal operator DP World announced strong financial results from its global portfolio of marine terminals for the six months to 30 June 2014, delivering profit attributable to owners of the Company before separately disclosed items of $332 million, 40.8% ahead of the first half of 20

about 12 years ago
Ackermans & van Haaren Posts 2014 Half-Year Results
Business & Finance

Ackermans & van Haaren Posts 2014 Half-Year Results

Ackermans & van Haaren realized a net profit in the first half of 2014 of 96.4 million euros, an increase by 1.6 million euros (+1.6%) over last year. The increase of the half-year profit is primarily thanks to a substantial improvement (+31.9 million euros) in the result of the participations, amou

about 12 years ago
Panama Canal Opens Second International Maintenance Congress
Business & Finance

Panama Canal Opens Second International Maintenance Congress

The Panama Canal Authority (ACP) yesterday opened the Second International Maintenance Congress with the participation of 26 international and six local experts to promote reliability and sustainability in business practices, based on a maintenance culture. “Maintenance has been fundamental for the

about 12 years ago
Augustine Beach Boat Ramp to Open for Labor Day Weekend
Business & Finance

Augustine Beach Boat Ramp to Open for Labor Day Weekend

The Augustine Beach Boat Ramp near Port Penn and adjacent intertidal beach located on the south side of the existing groin, which has been closed for maintenance dredging of the boat ramp access channel, will be open for the long Labor Day weekend. The boat ramp, closed Monday through Thursday each

about 12 years ago
Downtown Montauk Stabilization Project Open for Comments
Business & Finance

Downtown Montauk Stabilization Project Open for Comments

The U.S. Army Corps of Engineers, New York District today announced the availability of the Draft Environmental Assessment (DEA) with Draft Finding of No Significant Impact (DFONSI) for the proposed Downtown Montauk Stabilization Project and the opening of a 30-day review period, in which the public

about 12 years ago
Russia: Enterprise Top Managers Visit Tuapse Seaport
Business & Finance

Russia: Enterprise Top Managers Visit Tuapse Seaport

Executive Director FSUE “Rosmorport” Andrey Lavrishchev and Deputy General Director for Capital Construction Alexey Nemkov made a working visit to Tuapse Seaport. In the framework of the visit the top managers conducted a working meeting in the Tuapse Department of the Azovo-Chernomorsky Basin Branc

about 12 years ago
The Philippines: Kiamba Dredging to Ease Flooding
Business & Finance

The Philippines: Kiamba Dredging to Ease Flooding

Officials of the coastal town of Kiamba in Sarangani are set to declare the entire area under the state of calamity following the flash floods on Monday afternoon that affected around 560 families in six barangays. According to initial assessment findings, the floods mainly affected portions of Bara

about 12 years ago
TSHD Lelystad – Gibdock’s Biggest Project in 2014
Business & Finance

TSHD Lelystad – Gibdock’s Biggest Project in 2014

One of the biggest projects handled in 2014 by the Gibraltar-based Gibdock has been definitely the docking of Van Oord’s trailing suction hopper dredger Lelystad. This is the second time that 137-meter-long TSHD has been to Gibdock for repairs. The general drydocking project includes steelwork, pipe

about 12 years ago
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