Ackermans & van Haaren ended the 2013 financial year with a consolidated net profit of 293.9 million euros. This result includes a remeasurement income of 109.4 million euros which AvH had to recognize under the IFRS rules on the contribution of its 50% stake in DEME to CFE when it acquired control
Sunergy Inc. commenced Dredge #1 operations in Bomi Hills area of Liberia and will move Dredge #2 into position in one week, at least two weeks ahead of schedule. Both dredges are owned and operated by the Company in support of local licensed tribal artisanal efforts to harvest diamonds and gold. Th
The the U.S. Army Corps of Engineers, Charleston District, conducted a dredging project in Shem Creek to dredge the channel back to its former depth. This will allow the shrimping industry in the area to continue to function without hinderance. For this purpose the Corps employed the dredger Richmon
The Panama Canal Authority has recently adopted CARIS Bathy DataBASE for the storing and management of the Canal’s bathymetric information. The waterway’s heavy traffic and expansion operations called for a robust and efficient method to manage survey data. The implementation of Bathy DataBASE will
Seatronics Pte Ltd, an Acteon company, has purchased Kongsberg Mesotech Ltd’s M3 Sonar System to add to its Asia Pacific rental fleet. The purchase is part of an ongoing investment by Seatronics into cutting-edge technology to support its global marine equipment rental fleet growth and marks a signi
Seatronics Pte Ltd, an Acteon company, has purchased Kongsberg Mesotech Ltd’s M3 Sonar System to add to its Asia Pacific rental fleet. The purchase is part of an ongoing investment by Seatronics into cutting-edge technology to support its global marine equipment rental fleet growth and marks a signi
Global Cloud Xchange, announced that plans are underway for the company’s latest investment into expanding its Trans-Pacific footprint. The new subsea infrastructure is part of the company’s strategy to lead and drive the world’s critical digital trading routes. “The cable with its open architecture
PETRONAS Real Time Visualisation Centre (PRTVC), a collaborative centre for knowledge-sharing in exploration and production (E&P) operations, was launched by the Prime Minister of Malaysia, YAB Dato’ Sri Najib Tun Razak on 25 March 2014. The state-of-the-art centre was developed with the objective o
The U.S. Army Corps of Engineers is repairing and restoring previously constructed coastal projects like the Sea Bright to Manasquan project throughout the region. The work at Long Branch is one of four contracts that were awarded to repair and restore beaches from Sea Bright to Manasquan in norther
Ellis, cable cleat manufacturer, has underlined the reason for its industry standing by designing an entirely new product in response to a cabling requirement from one of the biggest names in global business, Siemens. Triton is a two-in-one cable guide and clamp that was developed by Ellis following
The Royal Navy is working with the National Oceanography Centre (NOC) to provide the basis for trialling and understanding how the gliders can best be used. Director of National Marine Facilities at the NOC, Geraint West, said: “The NOC is pleased to be able to apply its world-leading capabilities a
PD&MS Energy and specialist fabrication and engineering firm Harlen have committed $4.1 million of investment towards a new state of the art rig repair and subsea fabrication facility in one of Scotland’s premier ports. The 38,750sq ft facility on Princess Alexandra Wharf at Port of Dundee is expect
Frederikshavn Havn A/S invited bidders for the Port of Frederikshavn expansion project. Upon completion of the contract, the Port of Frederikshavn will receive about 4,800m of new breakwaters with 2 breakwater heads and 600m-1000m quay walls. This development scheme, which will cost between EUR 73 m
A&P Tyne, part of the A&P Group welcomed Red 7 Marine and Vessel Management Services to the site in Tyneside bringing the ‘DP Reel’ Offshore Support Vessel. The 90 x 18m vessel required inspection and specialist repairs to the Forward Azimuth Thruster. Other works included Port & Starboard Tailshaft
