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ASL Marine’s FY2013 Earnings Surge 40%
ASL Marine Holdings Ltd., an integrated marine company offering comprehensive services in shipbuilding, shiprepair and conversion, shipchartering and dredging engineering…
Port of L.A. Review Proposed Yang Ming Terminal Improvements
The Port of Los Angeles is initiating the environmental review process on a proposed berth-improvement project by Yang Ming, a Taiwanese marine transport company at the Port. The start of the environmental process, which is expected to formally begin this fall with a Notice of Preparation, is the first step in Yang Ming's plan to enhance its terminal facilities and deepen its berth to accommodate 14,000 Twenty Foot Equivalent (TEU) vessels and increase cargo volume.
Port of Houston Records Upward Monthly Revenue
Monthly operating revenue exceeded $20 million again in July 2013. The achievement was high on a list of positives that Executive Director Len Waterworth shared in his report to the Port Commission of the Port of Houston Authority at its recent monthly meeting. Dredging projects have also been put in hand. The Port Authority generated $21 million in July operating revenue, surpassing July 2012's performance by $1.4 million or 7 percent.
Mazda Comes to Port of Baltimore
Mazda North American Operations (MNAO) became the Port of Baltimore newest auto customer after agreeing to a five -year contract with auto processor Amports that will bring approximately 65,000 vehicles a year to Maryland from its assembly plants in Japan. The vehicles will be handled at the Amports-owned Chesapeake Auto Terminal. The addition of Mazda will help to create 450 new jobs, including 160 direct jobs.
LNG Carrier Anchored, Awaiting Dredging at Basin
The berth basin of the Petronet LNG terminal is not deep enough to facilitate the tanker vessel holding the terminal’s first consignment of LNG, forcing the ship to wait in anchorage at the Cochin Port as a navigable route is dredged, multiple news sources reported. The vessel is expected to sit for two or three days as the basin is dredged. The ship, WilEnergy, is carrying LNG from RasGas in Qatar to be delivered to the Rs 4,200 crore terminal.
Boskalis H1 2013 Results Pointing to Record Profit
In their half year 2013 report the Boskalis Board of Management expects that, barring unforeseen circumstances, net profit for the 2013 financial year will be at least EUR 330 million, including the book gain of approximately EUR 50 million on the sale of the 40% stake in Archirodon that will be accounted for in the second half of the year. Royal Boskalis Westminster N.V. (Boskalis) realized a net profit of EUR 123 million in the first half of 2013 (H1 2012: EUR 102 million).
Hooghly River Dredger Launched at IHC Merewede
IHC Merwede name and launch the 5,500m³ trailing suction hopper dredger, DCI DREDGE XXI, for the Dredging Corporation of India Ltd (DCI) at the shipyard in Kinderdijk, The Netherlands. The ceremony was performed by Mrs R Mohanty, the spouse of DCI Chairman and Managing Director Captain DK Mohanty. The DCI DREDGE XXI is the third vessel in a series of three dredgers – including the DCI DREDGE XIX and…
Panama Canal Authority to Invest Heavily in Maintenance
The Panama Canal Authority (ACP) will invest in its fiscal year (FY) 2014 (October 1, 2013 to September 30, 2014) approximately US$238-million in maintenance of structures and equipment to continue providing an efficient service to the international maritime community. “The key to the Panama Canal’s operational excellence is a combination of its committed workforce and constant maintenance,” Executive Vice President for Operations Esteban Saenz said.
New Kochi, India, LNG Terminal: First Ship Awaiting Entry
The first cargo vessel, carrying liquified gas for the LNG Terminal at Puthuvype from RasGas in Qatar, has arrived off the port, and is anchored until necessary dredging work is completed, reports Business Standard. With the shipment, the Petronet LNG terminal, with an annual capacity of five million tonnes, is all set to commence operations soon. The vessel, carrying about one lakh cubic metre of LNG, is anchored about 20 km off Kochi, port sources informed the Business Standard.
GLDD Q2 2013 Results: Demolition Segment Strategy for Review
Great Lakes Dredge & Dock Corporation (GLDD) the largest provider of dredging services in the United States and a major provider of commercial and industrial demolition and remediation services…
Latest DofD, Navy, Contracts
Two dredging and dredging related contracts are among the latest awarded by the Department of Defense, Navy, for the contracting authority, the Army Corps of Engineers.
Dredging Funds Approved by Port Commission
In a special meeting held in Houston yesterday, August 5, the Port Commission of the Port of Houston Authority approved $296,000 in increased funding for maintenance…
Great Lakes Dredge & Dock Schedules Q2 2013 Results
Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) will release its financial results for the three and six months ended June 30, 2013 on Thursday, August 8, 2013 at 7:00 a.m. C.D.T. A conference call with the Company will be held the same day at 9:00 a.m. C.D.T. The call in number is 877-377-7553 and Conference ID is 20061209. The conference call will be available by replay until Monday, August 12, 2013, by calling 800-585-8367 and providing Conference ID 20061209.
Houston Port Commissioners Approve Bayport Dredge Funding
The Port Commission of the Port of Houston Authority has approved $296,000 in increased funding for maintenance dredging of the Bayport Cruise Terminal. The special meeting was held to amend the Memorandum of Agreement with the U.S. Army Corps of Engineers for the maintenance dredging of the Bayport Cruise and Container Terminal berths. Meeting agendas are available on the Port of Houston Authority website: http://www.portofhouston.com/the-port commission/public-meetings/agendas.
U.S. Army Awards Dredging Contract
The U.S. Army Corps of Engineers, Detroit District awarded a contract for dredging at Duluth-Superior Harbor in western Lake Superior on the Minnesota-Wisconsin border.
MariMatch Partnering Online Service Kicks Off
Online registration has opened for MariMatch, the brokerage event that gives visitors to Europort 2013 the opportunity to prearrange meetings with potential business partners in an informal setting.
DofD Latest Dredging & Ship Repair Contracts
Weeks Marine has been awarded a substantial dredging contract, and NASSCO a contract for the phased maintenance of 'USS Peleliu'. Weeks Marine Inc., Covington, La.…
New Technology for Subsea Pipe and Cable Tracking
Utility companies have been laying pipes and cables across the ocean floor for more than a century. Prior to the introduction of GPS, marking their location was difficult, and position information was often erroneous. It is extremely important to know where existing lines lie before undertaking dredging operations or when new pipes and cables are laid down. Regulations require they be buried from several…
Mining Prospects High for Coastline Surveys
Having built its fortunes extracting and producing metal for export around the world, Cornwall is a town known for tin mining. But in recent years, the industry has all but disappeared with only shore based mining taking place in one or two sites. The impact on the economy is tangible and has even decimated previously prosperous towns. According to Coastline Surveys, a new and exciting project has…
China's Pingtan Board Consider Offer for Dredging Subsidiary
Pingtan Marine Enterprise Ltd. provider of territorial sea fishing and dredging services in the People's Republic of China (PRC), announce that its Board of Directors…
DSC Dredging Takes Dredge Accuracy to a Higher Level
U.S. Dredging Boom Has Long Legs
HEGEMANN V equipped with VisuDREDGE & Multiped: Data supports on board processes
SENNEBOGEN Finds New Purposes For Purpose-Built Material Handlers In Marine Industry
