Dredging
Australia: Final Stage of Augusta Boat Harbour Begins Soon
The final stage of construction of the new Augusta Boat Harbour will begin in earnest in January following the award of key contracts. Transport Minister Troy Buswell said a $3million maritime structures contract to national company Swan Marine Construction, would deliver commercial and charter boat
New Zealand: CRP Appoints London Corporate Advisers for Capital Raising
Chatham Rock Phosphate has appointed London corporate finance advisers Wimmer Financial to manage an international capital raising over coming weeks. The financing, by private placement, is likely to be determined by a book build process managed in conjunction with Wimmer Financial. The offering, fo
India: “Dredging: Equipment and Applications” Set for Next Month
Central Dredging Association has announced that the seminar named “Dredging: Equipment and Applications” is scheduled for 24-25 January 2014, in Kolkata, India. This seminar, organised by the Eastern Dredging Association (EADA) in association with The Institution of Engineers (India), aims at awaren
USA: Ocean City Beach Replenishment Plan Moves Ahead
The Army Corps of Engineers will go out to bid in early January for a project to rebuild beaches and dunes at the severely eroded south end of Ocean City, according to Ocean City Business Administrator Mike Dattilo. The project is still on track to start in March or early spring, reports oceancity.p
UAE: ADPC to Manage and Operate Zayed Port from 2014
On 31 December 2013, the concession for the management and operations at Zayed Port will be returned to the port authority, Abu Dhabi Ports Company (ADPC). The concession is being returned to ADPC in line with the original planning for port capacity for the emirate of Abu Dhabi. This planning was ou
Government: Five Port Projects Appraised (India)
The Public Private Partnership Appraisal Committee (PPPAC-a high level committee of the Government of India) has appraised five proposals in the Port Sector. These projects as listed below will now be recommended for grant of final approval by the Cabinet Committee on Economic Affairs (CCEA). The Mi
Global Ports Completes Acquisition of NCC Group (Russia)
Global Ports Investments PLC (Global Ports or the Company, together with its subsidiaries and joint ventures, the Group; LSE ticker: GLPR) announced that the Group has completed the acquisition of 100% of the share capital of NCC Group Limited (together with its subsidiaries, NCC Group), in a transa
GE Issues Report on Hudson River Dredging Project (USA)
General Electric Co. issued a report on the environmental dredging project the Company is conducting on the Upper Hudson River in New York State. The Company said its completion of the project — expected in 2016 — will fully resolve its remedial liabilities. Any liability for natural resource damage
Top News – December 23 to 29, 2013
New Port of Melbourne CEO Announced (Australia) The Victorian Coalition Government has announced that Nick Easy has been appointed as CEO of the Port of Melbourne Corporation, Minister for Ports David Hodgett announced. AvH Acquires Full Control Over DEME (Belgium) On December 24, 2013, Ackermans
Liberia: Sunergy Management Returns from Successful Visit
Sunergy Inc. has announced that its management has returned from West Africa completing arrangements to commence dredging operations in Liberia and Sierra Leone under the supervision of Dredgemaster David Price. Mr. Price remains in Sierra Leone and is engaged in moving two dredges into operations l
UK: PFI London 2014 Conference Approaches
The Port Finance International’s African Port Opportunities 2014 conference is scheduled for 28 – 29 January 2014, in Copthorne Tara Hotel London Kensington, London. This highly focused event will investigate the challenges ahead – as well as placing a strong focus on the impact of these development
Completion of India-Myanmar Kaladan Project Set for 2014
First phase of Kaladan Multipurpose Transportation Project which is jointly being implemented by Myanmar and India, will be completed by June, 2014, according to the project’s contractor Essar Company. The first phase of this development project has been completed by 70 percent. Essar Company is imp
Atlantic Support Bags Point Judith Harbor Jetty Contract (USA)
The Point Judith Harbor east jetty in Narragansett, Rhode Island, will be repaired under the terms of a $627,000.00 contract issued recently by the U.S. Army Corps of Engineers, New England District. Work will be accomplished by Atlantic Support Installations, Inc., of Hopedale, Mass. Construction i
Ukraine: Authorities to Consider Creation of Free Economic Zones
The Deputies Sergey Grinevetsky and Yuriy Kruk developed a bill that proposes creation of a special (free) economic zones in Odessa and Reni (Odessa region). Amendments to the Law “On special (free) economic zone «Porto-Franko» on the territory of Odessa Commercial Sea Port” and “On special economic