
Saltchuk said today that Great Lakes Dredge & Dock Corporation (GLDD) is their newest wholly owned subsidiary – the transaction closed this morning for a purchase price of $17.00 per share in cash, and an enterprise value of approximately $1.5 billion. “We’re proud to welcome Great Lakes to the Salt

Turkmenistan officials and a European Union delegation led by Charlotte Adriaen have discussed the effective use and development of the Trans-Caspian Transport Corridor. The discussions took place between the leadership of the State Service of Maritime and River Transportation of Turkmenistan and a

Based on the shareholder authorization granted by the Extraordinary General Meeting of May 21, 2025, the Board of Directors of DEME Group NV has decided to launch a new share buyback program. According to their official announcement, DEME intends to acquire up to 31,500 shares to cover the company’s

The Sondu Miriu reservoir in Kenya was clogged with sediment and invasive hippo grass, affecting power generation, irrigation and water supply for nearby communities. Bainridge Construction restored the reservoir by removing over 150,000 m² of invasive hippo grass by raking and clearing hundreds of

Dredging work is underway in the Town of Barnstable. According to the Town’s latest announcement, these waterways are now getting the care they need for a safe and successful season ahead. “Crews are hard at work clearing built‑up sediment, improving tidal flow, and keeping the channels open for boa

The 40-meter-long spuds of Boskalis’ “Magnificent Magnor” were lifted off the vessel recently for complete refurbishment. After extensive refurbishment and renewal, the spuds have now been successfully reinstalled at the Reimerswaal shipyard in Flushing, the Netherlands. “The works were executed wit

The President of the Republic of Maldives, Dr. Mohamed Muizzu, said that the Rasmalé dredging project has successfully reclaimed nearly 500 hectares of land. Speaking at his weekly press conference, Muizzu confirmed that dredging operations are progressing rapidly across 11 designated sites and are

The trailing suction hopper dredger (TSHD) Mecca, one of the most advanced assets in the Suez Canal Authority fleet, is currently undergoing intensive maintenance on the 25,000-ton floating dock in Port Said, as part of a strategic effort to ensure peak operational readiness. Built by Mitsubishi Hea

Manson hosted the christening of the newest trailing suction hooper dredger (TSHD) in their fleet on Saturday, March 21, 2026 in New Orleans, LA. At the time of its delivery, the Frederick Paup is the largest self-propelled hopper dredge in the USA dredging fleet. Designed in collaboration with Hock

Dredging Corporation of India Limited (DCI) will commission its high-capacity trailing suction hopper dredger (TSHD) DCI Dredge Godavari later this year, DCI Managing Director and CEO, Captain S Divakar, said. According to Divakar, the new dredger is set to begin its trials around July and is likely

Weeks Marine, Inc., Covington, Louisiana, has won a firm-fixed-price contract to perform maintenance dredging of the Houston Ship Channel in Texas. The U.S. Department of Defense (DoD) said that the amount of this action is $66,499,250 with a total cumulative face value of $95,139,000. Bids for this

The Maldives Airports Company Limited (MACL) said that 35 hectares of land have been reclaimed from Giraavaru Falhu so far. The land reclamation operations are moving ahead with two dredgers operating simultaneously – Boskalis’ trailing suction hopper dredgers (TSHDs) Oranje and Queen of the Netherl

Joanne Thompson, Canada’s Minister of Fisheries said that the construction works on a new small craft harbor in Clyde River, Nunavut, are now complete. According to Thompson, this new harbor will provide safe and accessible facilities to commercial fish harvesters, enhancing boater safety, improving

The Dredging Corporation of India Limited (DCI) has announced plans to procure 11 modern dredgers over the next 5 years to strengthen India’s port infrastructure. DCI CEO & MD Captain S. Divakar said that all dredgers will be manufactured domestically under the Atmanirbhar Bharat Initiative, with co