Business & Finance

UK launches offshore wind inquiry
The UK Environmental Audit Committee has launched the Technological Innovation and Climate Change inquiry, with first focus on offshore wind power. Following the Government’s Offshore Wind Sector Deal in March 2019, the Committee will consider the opportunities that will maximize the industry’s pote

Buncrana Dredging Kicks Off
The annual spring shore based dredging operation at Buncrana Pier will take place between Monday, April 6, and Saturday, April 11, Donegal County Council informs. “This is to coincide with the equinoctial spring tides which is the lowest tide level of the year and is the best time for the work to ta

Total sheds $400 million worth of assets
In line with its objective to divest $5 billion during 2019-2020, Total is pursuing the divestments of several non-core assets in both exploration and production (Brunei) and marketing & services (Sierra Leone and Liberia).

Shoaling at Mooloolah River Bar
A hydrographic survey of the Mooloolah River and its coastal bar on Tuesday, February 27, showed a shoal patch extending from the end of the eastern breakwater in a westerly direction past the centerline of the channel, reports the Department of Transport and Main Roads – Maritime Safety Queensland.

Bubbly Creek Report on the Table
The U.S. Army Corps of Engineers’ Chicago District released for public comment yesterday the Bubbly Creek, South Branch Chicago River final integrated feasibility report and environmental assessment. The study was completed in partnership with the City of Chicago’s Department of Planning and Develop

USACE Report Recommends Removal of Training Wall
The U.S. Army Corps of Engineers’ Savannah District is recommending removal of the training wall in the Savannah River which runs roughly down the center of the river for more than a mile through Augusta, Georgia, and North Augusta, South Carolina. The underwater wall was built in the early 20th cen

USACE Extends Pool 6 Comment Period
The U.S. Army Corps of Engineers, St. Paul District, is extending its draft Environmental Assessment, or EA, for the proposed dredged material management plan in Pool 6, near Winona, Minnesota. Comments will now be accepted through April 10. The previous deadline was March 9. USACE officials are ext

Fugro to Cut Staff, Implements Hiring and Salary Freeze
Fugro is carrying out cost reduction measures to reduce the impact of the COVID-19 pandemic and the low oil price environment, including minimising the hire of short-term charters, implementing a hiring and salary freeze and workforce reduction. The company has also withdrawn its guidance for 2020,

NIB Finances Klaipeda Port Expansion Project
Nordic Investment Bank (NIB) and the Klaipeda State Seaport Authority (KSSA) have signed a 19-year credit facility agreement for infrastructure investments in Lithuania’s largest port. According to their official announcement, NIB’s credit facility of EUR 68 million will finance the reconstruction o

Past and Present Effects of Dredging the Grand River
A free virtual presentation – part of the Making Waves Initiative event – named Past and Present Effects of Dredging the Grand River is set to take place on Thursday, April 9, Grand Valley State University informs. The presenters will be Dr. Dan O’Keefe and Dr. Peter Wampler. Last year, a proposal t

Poland to Complete Construction of CSD Willem van Rubroeck
Jan De Nul Group’s biggest self-propelled cutter suction dredger was successfully loaded on board a semi-submersible transport vessel last week in Croatia, sending her to Poland for further completion of the construction works. “The semi-submersible vessel successfully loaded our Willem van Rubroeck

Dredging for Sustainable Infrastructure Course in Nootdorp
For professionals involved in dredging-related activities for water infrastructure development, CEDA and IADC will host the Dredging for Sustainable Infrastructure Course on December 1 & 2 in Hotel Van der Valk Den Haag in Nootdorp, near to Den Haag, the Netherlands. The course is based on the assoc

Origin sees not material impacts of COVID-19 to date
Australia’s top power and gas retailer, Origin Energy, noted that to date there has been no material impact on the company’s energy supply operations amidst the COVID-19 outbreak. Most of Origin’s workforce is working from home and only roles critical to maintaining energy supply remain at the site,

Komandoo Harbor Works in Full Swing
The extension of the existing harbor for Sh. Komandoo harbor upgrade project is well underway, reports the Maldives Transport and Contracting Company (MTCC). According to the latest update, current work involves quay wall works and dredging and reclamation of the harbor basin. MTCC also reported tha