Royal Boskalis Westminster N.V. has announced the start of its share buyback program. Within the framework and based on the principles of its business plan for the 2014-2016 period Boskalis intends to execute a buyback program for up to 10 million of its own shares. The program will be executed in t
The Australian Marine Conservation Society has expressed alarm at the proposed dredging of 5 million cubic meters of seafloor to make way for bigger cruise ships at the Port of Cairns. AMCS Great Barrier Reef campaign director, Felicity Wishart, said the proposed dredging would threaten water qualit
Royal Boskalis Westminster N.V. realized a net profit of EUR 253 million in the first half of 2014 (H1 2013: EUR 123 million). Revenue rose 21% in the first half of the year to EUR 1.5 billion (H1 2013: EUR 1.3 billion). Organic revenue growth was 13.4%. EBITDA amounted to EUR 466 million in the [&h
The U.S. Army Corps of Engineers, Galveston District, awarded a contract in the amount of around $240.000 to Ross Labs LLC., for a multi-channel hydrographic sweep system for hydrographic surveying for the Rio Grande Valley Resident Office, Port Isabel, Texas. “This contract will retrofit one of our
U.S. Senator David Vitter (R-La.) made the following statement regarding the U.S. Treasury Department’s Interim Final Rule under the Resources and Ecosystem Sustainability, Tourist Opportunities, and Revived Economies of the Gulf Coast States (RESTORE) Act, which establishes grant programs for the G
The U.S. Army Corps of Engineers, Galveston District, awarded a contract in the amount of $6.35 million to Manson Construction Co., for maintenance dredging of the Sabine-Neches Waterway, Port Arthur Canal, Junction and Taylors Bayou in Jefferson County, Texas. The contractor is required to remove a
To help further the recovery of communities affected by the Deepwater Horizon oil spill, the U.S. Treasury Department yesterday announced that a new rule has been published in the Federal Register for Gulf Coast states and municipalities to receive funding for environmental restoration and economic
For nearly a year, the Army Corps of Engineers, New York District, has been repairing damage from Hurricane Sandy to previously-engineered beaches in New York and New Jersey. Now, restoration has expanded to a new area where the Corps of Engineers hasn’t previously worked ─ Port Monmouth, N.J. In Ju
The Bureau of Ocean Energy Management (BOEM) and the State of Maine have signed a two-year cooperative agreement totaling $195,000 to evaluate sand resources for coastal resilience and restoration planning. Under this agreement, the Maine Coastal Program and Maine Geological Survey of the Department
Head of the Egyptian Armed Forces Engineering Authority, Major General Kamel el-Wazeer, has invited contracting companies to join works at the Suez Canal Mega Project. Any company that can dig 500 meters of land can file its application, el-Wazeer told reporters on Tuesday. More than 40 companies sp
CEDA’s flagship conference and exhibition once again will take place in Rotterdam, the Netherlands in conjunction with the Europort 2015 maritime trade show. Scheduled for 5-6 November 2015 the conference will focus on modern day dredging and marine construction in and around ports. Topics will incl
Transport Secretary Patrick McLoughlin has today announced a £10 million package to improve sea links between Scilly and Cornwall and upgrade roads on St Mary’s. The Minister is visiting the islands today. This new funding involves £7.3 million towards the £12.8 million scheme to improve harbor infr
The Teledyne Marine Acoustic Imaging Group, consisting of RESON, BlueView and Odom Hydrographic, will hold the Underwater Technology Seminars (UTS) in Hamburg (September 16-18), Boston (October 7-9) and Singapore (December 1). At the 3-day seminars in Hamburg and Boston the theme is: “Hydrography in
The United States Section of the International Boundary and Water Commission (USIBWC) has hired experts from the U.S. Army Corps of Engineers to conduct geotechnical investigations on the U.S. Rio Grande flood control levee near Brownsville, Texas. The USIBWC requested the work after cracks were det