Business & Finance
Business & Finance
Moscow Hosts Third International Dredging Forum
The Third Hydraulic Engineering Structures and Dredging Congress will be held on February 26-27, 2020 in Moscow, Russia. According to the organizers – the maritime industry media group PortNews, infrastructure development is among the real sources of Russia’s economy growth. Construction of port fac
Business & Finance
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (February 10-16, 2020). Creating Dredging Capacity in Southern Africa Subtech and Royal IHC are taking an important step in the development of dredging capacity in southern Africa. VIDEO: Spotlight on Dubai Harb
Business & Finance
Port Freeport Gets Federal Funding for FHCIP
The recently announced U.S. Army Corps of Engineers (USACE) Fiscal Year (FY) 2020 Work Plan includes $19 million in funding for the Freeport Harbor Channel Improvement Project (FHCIP). Port Freeport, Texas, is one of two seaports nationwide to receive a “new start” designation for commencement of co
Business & Finance
Funding Boost for Cedar Bayou Dredging Project
U.S. Congressman Brian Babin has released the following statement after the announcement by the Trump Administration that the Cedar Bayou Navigation District’s Channel Improvement Project has been allocated $32.125 million in the Army Corps Fiscal Year 2020 Work Plan. These funds will be used to com
Business & Finance
NSW Government Provides Funds for the Entrance Channel Dredging
Adam Crouch MP – Parliamentary Secretary for the Central Coast – has just announced that the NSW Government will provide $600,000 for dredging works at the Entrance channel. In the release he said that this funding is required to be matched dollar-for-dollar by the Central Coast Council, allowing fo
Business & Finance
DSC Dredge Sharkuda Making its Way to Bangladesh
DSC Dredge’s Director of International Dredge Sales, Charles Sinunu, recently attended a meeting and luncheon with Sheikh Hasina, Prime Minister of the People’s Republic of Bangladesh. DSC Dredge said in its announcement that, during the luncheon, the Prime Minister was pleased to learn about the ag
Business & Finance
Boston Harbor Dredging Included in the Budget
With the release of the President’s Budget for fiscal year 2021 (FY21) for the Army Corps Civil Works program, the Corps’ New England District anticipates continued operations and funding in fiscal year 2021 that starts on Oct. 1, 2020. In Connecticut, the FY21 budget proposes continuing funding for
Business & Finance
Dredging Ball Joint by Straatman
Machinefabriek L. Straatman has successfully completed the production, assembly and test of a quick release ball joint with an inner diameter of 700 mm. This specific type of ball joint, also known as pinch ball joint, will be used on a cutter suction dredger. This typical Straatman design, which is
Business & Finance
Detroit District Continues the Momentum in 2020
The President’s Budget for fiscal year 2021 includes more than $5.9 billion in discretionary funding for the Civil Works program of the Army Corps with more than $181 million for Detroit District projects around the Great Lakes. The Civil Works budget funds the operation and maintenance program, whi
Business & Finance
APM Terminals Restarts Poti Port Expansion Permit Process
APM Terminals Poti has officially re-initiated the process of obtaining the necessary permits with a firm intention to build the new deep-water multipurpose port in Poti, Georgia. On February 11, 2020, APM Terminals submitted application to the Technical and Construction Supervision Agency to obtain
Business & Finance
President’s Budget: $188 Million for Sacramento District Projects
More than $188 million in flood risk management work for Northern California were outlined in two separate budget releases on February 10, adding to an already robust Sacramento District workload, reports the U.S. Army Corps of Engineers’ Sacramento District. President Donald Trump’s fiscal year 202
Business & Finance
Panetta Secures Federal Funding for Santa Cruz Dredging
California Congressman Jimmy Panetta announced this week that $540,000 will go toward ensuring that people can continue to navigate Santa Cruz Harbor channels as maintenance dredging continues. This funding will help ensure the safety and prosperity of communities on the central coast of California.
Business & Finance
20 Dredging Sites Selected Along Lake Ontario and the St. Lawrence River
Governor Andrew M. Cuomo has announced the completion of the first round of dredging at Port Bay, the first of 20 dredging sites selected across the region to address a backlog of projects at harbor navigation channels along the southern shore of Lake Ontario and the St. Lawrence River. The $15 mill
Business & Finance
All Set for Expansion Works at the Port of Sines
Following the signing of the contract for the East Breakwater enlargement project, the expansion works of the Port of Sines will begin, thus allowing the port to double the containerized cargo installed capacity. The works concerning the extension of the Port of Sines’ East Breakwater were awarded t