Business & Finance
European ports urge for financial backing to overcome economic woes
European ports have managed to remain open and maintain their activities during the coronavirus crisis ensuring the delivery of essential goods. However, they have not been spared from a huge economic impact amid the drop in cargo and passenger volumes as a result of coronavirus-related disruptions
All Set for Holbrook Dredging
The preparations activities are currently underway for the Holbrook Park Pond Dredging Project, located in the City of Lakewood, Colorado. “An experienced contractor has been selected to complete this project on behalf of the city. The proposed timeline for the project is to begin dredging at the en
VIDEO: Model Complex Sediment Transport Processes and Shoreline Morphology
MIKE by DHI Software has just released this interesting video named ‘Model complex sediment transport processes and shoreline morphology’. The erosion and deposition of sand creates challenges for those tasked with beach development and conservation, maintaining harbor depths and controlling sedimen
New member joins Archer Knight’s team
Archer Knight has added diving industry safety expert, Derek Beddows, to its team. Beddows was BP’s global diving technical authority. Archer Knight executive director David Sheret said: “Quite simply, Derek is a world authority on his specialist discipline. He provides a broad range of technical se
Keeping Azov-Don Navigable
The scope of dredging planned for the Azov-Don Basin of Russia’s inland waterways is to reach 1,349,880 cbm of material in 2020, Sergey Gaidayev, the head of Azov-Don Basin Administration said at the latest meeting of Rostov Region Government’s Marine Board. According to Gaidayev, the dredging works
Pacific Drilling’s NYSE listing at risk from suspension
Pacific Drilling has received notice from the New York Stock Exchange (NYSE) stating that the company does not currently satisfy the minimum share price standard for continued listing of the company’s common shares.
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (April 6-12, 2020). CEMEX Go Innovation Almost Ready for Delivery The first of Damen’s new Marine Aggregate Dredgers, a 103.5 meter long CEMEX Go Innovation is almost ready for delivery to her new owner in the UK.
PGE to ditch projects outside core business, offshore wind safe
PGE will close projects with unsatisfactory rate and those not directly related to its core business.
Greenpeace claims win as OMV abandons New Zealand drilling plans
OMV has decided to postpone its drilling plans offshore New Zealand and Greenpeace is claiming a win, hoping this would mean the end of OMV’s drilling operations in the country.
China Merchants orders 4 bulkers at Jinling
Shanghai-listed China Merchants Energy Shipping (CMES) has placed an order with Jinling Shipbuilding, a shipyard of China Merchants Group, for four open hatch bulk carriers. The 62,000 dwt bulkers will cost US$ 29.6 million per ship, pushing the total investment to US$ 118.6 million. The newbuilds a
New York rolls out $16M clean energy fund
The New York State Energy Research and Development Authority (NYSERDA) has launched two new Statewide cleantech accelerators offering a variety of support services for clean energy companies including seed money to build or grow a clean energy business. The announcement advances the State’s goal for
Oil Free Deep Sea Motor by Royal IHC
With the use of permanent magnets and high-tech bearings, Royal IHC has created the Deep Sea Special Motor – an environmental friendly submerged electric motor for the deep sea mining and oil & gas industries. “One of its unique features is that it is 100% oil free. Seawater can run through the moto
Improving Energy Product Transportation Throughout the Corpus Christi Port
The U.S. Army Corps of Engineers (USACE) has just released more info about their $97.9 million construction contract, awarded to Callan Marine earlier this week, to complete the second phase of the four phase Corpus Christi Ship Channel Improvement Project. The project increases the channel depth fr
Stanley Harbor Deal for BAM Nuttall
The Falkland Islands Government has signed a contract with BAM Nuttall for the design and build of a new port in Stanley Harbor. It follows the announcement in February 2020 that BAM Nuttall had been selected as development partner after an extensive global procurement process. Development and Comme