Van Oord had a better business result in 2013 than in 2012. The year closed with an almost equal turnover of EUR 1,641 million (2012: EUR 1,676 million). At EUR 130 million, the net profit was considerably higher than in 2012 (EUR 98 million), and the company’s order portfolio was similar to the pre
The 200 tonne Leg Encircling Crane is based on the design principles of the TTS NMF in-house developed 900 tonne heavy lift offshore crane, which was installed on board the jack-up vessel Aeolus
China Harbour Engineering Company Ltd. (CHEC) won the bid for Hel Port (the original Zavall Port) expansion phase IV project. The contract amount is over USD 200 million and the time limit for the completion is 31 months. The works will include construction of four new berths with a length of 1058 m
Caterpillar has introduced its new Cat® 311F RR excavator, powered with a 70 net horsepower (52 kW) C3.4B engine that meets U.S. EPA Tier 4 Final emissions standards. The new machine features a reduced radius that limits over-the-side tail swing to just 20 inches (508 mm). A massive 5,400-pound (2 4
Uljanik to Build Dredger for IHC Merwede On February 28, 2014, IHC Global Production B.V, part of IHC Merwede, and Uljanik d.d. signed the contract for the construction of one self-propelled cutter suction dredger. UK: Boskalis Westminster Wins Cowes Breakwater Contract Cowes Harbour Commission (C
APM Terminals’ container throughput increased to 36.3 million TEUs, as measured by equity share, reflecting an overall 3% growth in volume through the APM Terminals Global Terminal Network in 2013. Invested capital rose to $6.1 billion USD during the past year as work on seven new terminals and expa
McDermott International, Inc. announced that one of its subsidiaries was awarded a substantial contract to provide the electrical power supply system for Saudi Aramco in the Abu Ali and Khursaniyah fields in the Arabian Gulf. The project includes the procurement, construction, and installation of tw
McDermott International, Inc. has been awarded a substantial contract to provide the electrical power supply system for Saudi Aramco in the Abu Ali and Khursaniyah fields in the Arabian Gulf. This contract is included in McDermott’s fourth quarter 2013 backlog. The project includes the procurement,
Planning and International Cooperation Minister Mohammed al-Saadi today met with the Director General of Soft Loans Department in the Chinese Bank of Exports and Imports. During the meeting, they discussed a number of issues related to cooperation between Yemen and the Chinese Bank and ways of stren
Caterpillar has introduced its new Cat® 336F excavator, built to meet U.S. EPA Tier 4 Final emissions standards. This piece of equipment comes equipped with several features to enhance fuel efficiency. Electric boom and stick regeneration valves capture and recycle energy, and an engine idle shutdow
Enviro Voraxial Technology, Inc. announced today that the Regional Clean Sea Organization (RECSO) declared Enviro Voraxial Technology Inc. the winner of the Offshore Arabia 2014 Conference & Exhibition Excellence in Environmental Technology Award, with its paper titled “Voraxial® Separator Overview”
Abu Dhabi Ports Company (ADPC) has announced today an investment of AED 20 million to carry out essential maintenance work at Zayed Port and its neighboring Freeports, to repair the quayside wall enhancing the ports’ facilities and services. Built in 1982, the Freeport covers an area of 305 hectares
A high profile Kenyan delegation visited Kizad and Khalifa Port this week with a view to benefit from the knowledge and experience that ADPC has accumulated in the last 5 years of planning, execution and completion of Abu Dhabi’s mega-project. The delegation was received at Kizad by Engineer Khaled
A team of IOS Partners experts, assigned by the World Bank to carry out consultancy services relating to the Port of Aden development, has paid a visit on Sunday morning, March 2, 2014 to the Head Quarters of the Corporation. They were hosted by the Executive Chairman of the Corporation, Captain Sam
