DEME Delivers Strong 2013 Results In 2013, DEME reached a turnover of EUR 2.53 billion in 2013. Compared to the previous year, this represents an increase of 32% and a record turnover. Australia: Port of Melbourne Maintenance Dredging Kicks Off Port of Melbourne Corporation yesterday commenced mai
APM Terminals has announced its 2013 business results and delivered an increased profit of USD 770m and a return on invested capital of 13.5% (15.2%), reflecting improved underlying performance but also a higher asset base due to the continued high investment level. The expansion into high growth ma
In 2013, DEME reached a turnover of EUR 2.53 billion in 2013. Compared to the previous year, this represents an increase of 32% and a record turnover. Ebitda increased by 25% to EUR 437.8 million, and net profit amounted to EUR 109.1 million, an increase of 22% compared to 2012. The order book – wel
The global market for enhanced oil recovery (EOR) technologies was valued at $21 billion in 2012 and was estimated at $22.6 billion for 2013.
The Netherlands: Boskalis Expands Partnership with Infor Infor, a leading provider of business application software serving more than 70,000 customers, today announced that Boskalis, a leading service provider of all-round dredging and maritime solutions, will implement the Infor 10x version of Info
Gardline Environmental, a division of Gardline Marine Sciences, have recently expanded their deep water environmental sampling capability with the purchase a 12 barrel Megacore and a 12 bottle Rosette water sampler. The Megacore provides an efficient and effective way of collecting surface seabed sa
The Japan International Cooperation Agency (JICA) concluded a Japanese ODA loan agreement with the Republic of Iraq to provide funding for the Port Sector Rehabilitation Project (Phase II), at the Ministry of Finance, Baghdad. This is the 20th loan agreement under the Japanese ODA loan to Iraq, whic
Abu Dhabi Ports Company (ADPC) has announced the appointment of Gary Lemke as new Executive Vice President (EVP) Ports. Mr Lemke, who joined the company this week, has more than 20 years of working experience in the ports industry around the world. His position will oversee the emirates flagship, st
Australia: BAM Clough Bags Port Hedland Wharf Contract Fortescue Metals Group (FMG) has awarded the BAM Clough Joint Venture (BAM Clough) a design and construction contract for a fifth iron ore loading berth at its Anderson Point Facility (AP5) in Port Hedland, Western Australia. UK: Environment A
2H Offshore, an Acteon company, was appointed by Dubai Petroleum (DP) to deliver an intensive, fast track design of an ultra-lightweight conductor supported tripod platform. The tripod platform, known as T-02, has been successfully installed in the Fateh field, offshore Dubai in 50m water depth. The
IHC Merwede Wins Contracts Worth EUR 350 Million IHC Merwede has been successful in securing orders worth € 350 million for a wide range of dredging and offshore vessels and equipment. Ghana: GPHA Receives Seven Bids for Tema Port Expansion The Ghana Ports & Harbours Authority last week received s
Prysmian Group, world leader in the energy and telecom cables and systems industry, will showcase state-of-the-art technologies at MEE 2014, the electrical industry’s largest show in the Middle East, taking place in Dubai from February 11 to 13, 2014 (booth C20, Hall 7). “Middle East Electricity 201
Collabro has announced its first major contract win in the Middle East with Maersk Oil in Qatar. The agreement, worth in the region of £460,000, will see Vantage POB and support services delivered in the region. Vantage POB is the industry standard personnel tracking system for the oil and gas indus
IHC Merwede has been successful in securing orders worth € 350 million for a wide range of dredging and offshore vessels and equipment. The company’s Dredging division has confirmed new contracts for the delivery of a large custom-built trailing suction hopper dredger, 13 units that will be supplied
