KDM Marine International, part of the James Fisher Group, has appointed Faisel Chaudry as Regional Manager for the Eastern Hemisphere. Focusing on the Middle East, India, North Africa and Asia Pacific countries, Faisel is responsible for opening new markets and managing the company’s equipment stati
WERPO, an Israeli wave energy developer, has received a line of credit from the Mercantile Discount Bank. The funding is expected to cover the financial needs of Wave Electricity Renewable Power Ocean (WERPO) for the next 2-3 years, the company’s press release reads. Shmuel Ovadia, Director and inve
The year 2014 was exceptional in many ways, Van Oord, a Dutch contracting company that specializes in dredging and land reclamation, announced today. From a financial perspective, Van Oord achieved a record turnover of EUR 2.104 billion (2013: EUR 1.641 billion). It is the first time in the company’
Regulators, funding agencies and proponents worldwide are imposing increasingly strict environmental regulations to minimize the potential impact of marine construction activities, and more specifically, the underwater sound generated by such activities. Marine fauna may be adversely affected by mar
Order Placed for World’s Largest Cutter Suction Dredger Jan De Nul Group has placed an order for a large self-propelled cutter suction dredger JDN8069 with the Croatian shipyard Uljanik Brodogradiliste. Boskalis, Van Oord Sign Rio de Janeiro Dredging Contract Edinho Araujo, head of the Special Por
Royal Boskalis Westminster N.V. (Boskalis) achieved net profit of EUR 490 million in 2014 (2013: EUR 366 million). Revenue rose by 1 per cent to EUR 3.2 billion (2013: EUR 3.1 billion). EBITDA rose by 25 per cent to EUR 946 million (2013: EUR 757 million) and the operating result (EBIT) was up 41 pe
DTOcean will showcase the alpha version of the decision-making and planning tool for the development of tidal and wave arrays to pioneering project developers, utilities, OEMS, technology developers and supply chain actors. The workshop organized by DTOcean provides an opportunity for shaping the de
The International Association of Dredging Companies (IADC) has just published the latest issue of Terra et Aqua, the official quarterly publication of IADC. The magazine is supported solely by the IADC as a service to the world-wide dredging community and represents IADC’s commitment to the highest
China Harbour Engineering Company (CHEC) has won a $40.8 million (AED150 million) contract for the marine and infrastructure works at Al Hamra’s Falcon Island project in Ras Al Khaimah, the UAE’s most northern emirate. Designed to house the first LEED Platinum Certified real estate of its kind in th
Last Thursday, 26 February 2015, the Deputy Emir of Qatar His Highness Sheikh Abdullah bin Hamad Al Thani officially started the controlled flooding operations for the new Hamad Port Project in the presence of His Highness Abdullah bin Nasser bin Khalifa Al Thani, the Prime Minister and His Excellen
Picture of the Day: Dredgers Crowding New Suez The New Suez Canal project is currently under construction and is scheduled to be delivered next August. Chief Mate Guilty Over Fatal Dredger Collision On the 8th June 2014 the Shoreway, a 98 metre 5000 tonne dredger, owned […]
DEME, the Belgian dredging, hydraulic engineering and environmental solutions group, has secured a number of new contracts worldwide. The total value of these orders is approximately 1.6 billion EUR. Foremost important is a Letter of Award received in Singapore. The Maritime and Port Authority of Si
WERPO has signed a partnership agreement with ACEP to develop wave energy power plant off the coast of Ghana. Wave Electricity Renewable Power Ocean (WERPO) and the Africa Center for Energy Policy (ACEP) will form a joint venture in Ghana, under which they plan to erect wave energy power station. AC
VIDEO: Panama Canal Expansion – January 2015 The largest infrastructure project since the waterway’s original construction, the Panama Canal Expansion Program will create a new lane of traffic along the Canal through the construction of a new set of locks, doubling the waterway’s capacity. Van Oor
