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Business & Finance

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Canada: TSHD Ocean Traverse Nord Christened
Business & Finance

Canada: TSHD Ocean Traverse Nord Christened

On August 16, the Ocean christened its trailing suction hopper dredge, the Ocean Traverse Nord. It was built this past year at Ocean Industries shipyard at Isle-aux-Coudres. The 25-million-dollar shipbuilding project, the largest ever in Eastern Canada and Ocean’s first dredge, created over fifty ne

about 14 years ago
BMT Develops Strategic Plan for Weifang Port Development (China)
Business & Finance

BMT Develops Strategic Plan for Weifang Port Development (China)

BMT Asia Pacific, a subsidiary of BMT Group Ltd, the international design, engineering and risk management consultancy, has announced its latest project providing port planning consultancy for Malaysia-based, diversified multinational, Sime Darby Berhad. BMT developed a strategic master plan for the

about 14 years ago
Edison: Risks for Chatham Rock Phosphate Continue to Reduce (New Zealand)
Business & Finance

Edison: Risks for Chatham Rock Phosphate Continue to Reduce (New Zealand)

Independent research on Chatham Rock Phosphate (CRP) prepared by Edison Investment Research says the most significant risks relating to the project are easing. “CRP is moving closer to demonstrating a commercially and technically viable undersea mining project, risks still remain but the most signif

about 14 years ago
The Netherlands: GREENFORCE Ball Joint Nominated for Maritime Innovation Award
Business & Finance

The Netherlands: GREENFORCE Ball Joint Nominated for Maritime Innovation Award

VOSTA LMG has received a nomination for the development of the GREENFORCE ball joint. This is a revolutionary design of a ball joint for the use in floating pipelines behind cutter suction dredgers. The new design reduces costs and reaches several advantages for the environment. The nominees of the

about 14 years ago
Officials Unveil “Trench Connection” Project (New Zealand)
Business & Finance

Officials Unveil “Trench Connection” Project (New Zealand)

Dr. Alan Jamieson and Prof. Stuart Piertney from the University of Aberdeen with collaborators from NIWA, New Zealand and the Museum of Natural History in Paris, France, have been awarded a new 2-year project by the TOTAL Foundation in France. The Project entitled “Trench Connection” will expand the

about 14 years ago
China: Sutor to Supply Steel Pipes to MEDCO
Business & Finance

China: Sutor to Supply Steel Pipes to MEDCO

Sutor Technology Group Limited, a leading China-based non-state owned manufacturer and distributor of high-end fine finished steel products and welded steel pipes used by a variety of downstream applications, announced that it has entered into a supply agreement for 12,000 metric tons of spiral seam

about 14 years ago
HME Maritime Innovation Award 2012: Four Nominees (The Netherlands)
Business & Finance

HME Maritime Innovation Award 2012: Four Nominees (The Netherlands)

The nominees of the Dutch HME Maritime Innovation Award 2012 are Huisman Equipment BV, VOSTA LMG BV, Kranendonk Production Systems BV, and Imtech Marine & Offshore BV. These nominees are selected out of sixteen innovative submissions. The winner will be announced at the Maritime Awards Gala on Thurs

about 14 years ago
The Netherlands: IHC Merwede Launches Easydredge
Business & Finance

The Netherlands: IHC Merwede Launches Easydredge

IHC Merwede has launched a new budget range of small hopper dredgers under the name of Easydredge. This is in response to the increasing global demand for smaller dredgers. The sophisticated design, standardised components and smart production choices make the Easydredge vessel an extremely cost-eff

about 14 years ago
USA: GLDD Appoints New Senior Vice President
Business & Finance

USA: GLDD Appoints New Senior Vice President

Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States and a major provider of commercial and industrial demolition and remediation services, today announced that William S. (Bill) Steckel has been appointed Senior Vice President and Chief Financial Off

about 14 years ago
The Netherlands: Boskalis Posts Results for First Half 2012
Business & Finance

The Netherlands: Boskalis Posts Results for First Half 2012

Royal Boskalis Westminster N.V. (Boskalis) reported a 12% increase in revenue in the first half of the year to EUR 1.4 billion (first half of 2011: EUR 1.25 billion). Organic revenue growth was 5%. Net profit declined to EUR 102.5 million (first half of 2011: EUR 114.1 million). Compared to the end

about 14 years ago
NOAA Names New Director of Coast Survey (USA)
Business & Finance

NOAA Names New Director of Coast Survey (USA)

Following his promotion yesterday from captain to rear admiral, Gerd Glang was named as director of the NOAA Office of Coast Survey and the nation’s chief hydrographer, responsible for mapping and charting of all United States coastal waters. The U.S. Senate has confirmed his nomination by President

about 14 years ago
ABPmer Moves to New Office (UK)
Business & Finance

ABPmer Moves to New Office (UK)

Leading marine environmental consultancy, ABP Marine Environmental Research Ltd (ABPmer), has moved to the new Quayside Suite on Town Quay. Effective immediately, the company is now operating from Medina Chambers and their previous office in Waterside House has closed its doors. The new office offer

about 14 years ago
India: Mercator Posts Financial Results for Quarter Ended June 2012
Business & Finance

India: Mercator Posts Financial Results for Quarter Ended June 2012

Mercator Limited announced its un-audited financial results for the quarter ended June 30, 2012. The total consolidated income for the Q1FY13 was Rs. 1095 Cr. against Rs. 799 Cr. during Q1FY12 recording an increase of 37% on YOY basis. The operating profit (PBIDT) at Rs. 182 Cr increased by 18% comp

about 14 years ago
The Netherlands: APM Terminals Posts Q2 Highlights
Business & Finance

The Netherlands: APM Terminals Posts Q2 Highlights

APM Terminals’ profit for the Q2 period was affected by a varied regional performance, with West Africa region and some terminals in Asia demonstrating double digit growth rates, whereas volumes in most European terminals were below Q2 2011. As mentioned in the 2011 annual report, the increased pres

about 14 years ago
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