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Panama Canal to Install Four Lock Gates
The Panama Canal Expansion is moving forward to achieve its goal of enhancing the waterway's capacity. To date, the Program registers a 60.4% progress. "The Panama…
Boskalis Placement Covers Dockwise Deal
Royal Boskalis Westminster N.V. has successfully placed USD 325 million US Private Placement notes with 24 institutional investors in the United States. The issue…
Anvil Dredging Equipment Bound for Saudi Arabia
Anvil Attachments’ latest shipment of dredging buckets and grapples are on an 8,000 mile journey to Saudi Arabia. Anvil Attachments’ headquarters and manufacturing facility is located in Slaughter…
CMA CGM Increases Global Trade to Liverpool
CMA CGM has backed Peel Ports’ £300m Liverpool2 development by doubling the frequency of its feeder service to the port. CMA CGM now offers twice-weekly calls in Liverpool from its hub in Le Havre, France and a new weekly call at Greenock, Scotland and Cork, Ireland. Weekly calls to Dublin and Belfast were already established. The company’s expansion into Liverpool will take advantage of Peel Ports’ established Green Highway Network…
Great Lakes Ports Association Elects New Leadership
Members of the American Great Lakes Ports Association (AGLPA) elected new leadership at their annual summer meeting held this year in Oswego, New York. The new president is William Friedman…
By the Numbers: Boats, Cargo & the Environment
U.S. The latest statistical roundup of the U.S. flag fleet (2012) shows some interesting trends. We know that the U.S. blue water, deep draft fleet continues to dwindle in size and numbers – albeit some exciting recent orders for tankers and containerships. But virtually 99 percent of our commercial fleet is now represented by inland and coastal pushboats, barges and offshore service vessels. Or, in other words, the demographic represented by the readership of MarineNews magazine.
Boskalis Sells Stake in Middle East Maritime Contractors
Royal Boskalis Westminster N.V. (Boskalis) has sold its 40% stake in Archirodon Group N.V. Boskalis explain that the possible sale had already been announced in November 2012 after Boskalis was approached by the party in question from the Middle East. The equity interest was partly sold to this party and partly to the existing 60% co-shareholder. Boskalis received a cash sum of USD 190 million for its 40% stake, resulting in a book gain of several tens of millions of euros.
China's Pingtan in Clear with Nasdaq
Dredging and Ocean Fishing listed firm Pingtan Marine Enterprise Ltd. (Nasdaq: PME) confirms its continued listing & compliance with all quantitative listing requirements.
UK Shipyard Wins Long-term Dredger Drydock Contract
A&P Tees, part of A&P North East, has won an exclusive contract from UK dredge contractor CEMEX UK Marine, part of the CEMEX UK Group, for the drydocking of the company’s three trailing suction hopper dredgers over a five-year period. Due to the severity of the work undertaken by dredgers, it is expected that each vessel will be drydocked on a regular basis. The first vessel, the 5,022 m3 Sand Falcon already visited the shipyard during March/April this year…
IHC Merwede, T-Rubber Extend Purchasing Agreement
IHC Merwede and T-Rubber announced that they have strengthened their ongoing business relationship with an extension to the Purchasing Cooperation Agreement between the two companies. The signing of this agreement for the supply of rubber hoses was arranged to coincide with the visit of a delegation from T-Rubber to Europe at the beginning of June for the Wodcon XX congress and exhibition in Brussels.
Boskalis's Dockwise Bag Heavy Lift Contracts
Royal Boskalis Westminster N.V. (Boskalis) announces that Dockwise has recently been awarded numerous new contracts valued at US$175-million for heavy marine transport as well as transport and installation (T&I) services. Various short term heavy marine transport contracts were acquired, primarily for the transportation of jack-up rigs, and all due to commence in the next couple of months. Included in these contracts is the transportation of large…
Liebherr Grows New Zealand Market Share
A recent order from the Port of Lyttleton is the latest in a series of contracts that has seen Liebherr Container Cranes expand on an already significant presence in New Zealand’s North and South Islands, the company said. The Port of Lyttleton’s most recent order for a super post panamax ship to shore crane and four straddle carriers, will see the number of Liebherr straddle carriers in the Port of Lyttelton grow to eight and brings the total number of ship to shore cranes at the port to three.
IHC Merwede President Appointed SEA Europe Chairman
The European Ships and Maritime Equipment Association (SEA Europe) has announced that IHC Merwede’s President, Govert Hamers, will succeed Lars Gørvell-Dahll as Chairman in October 2013. Mr. Gørvell-Dahll’s will step down midway through his tenure to become the Managing Director of the maritime arm of the Federation of Norwegian Industries. SEA Europe was jointly founded in Brussels last year by European shipbuilders, ship repairers and maritime suppliers.
Boskalis Wins Dutch 'Room for the River' Contract
Royal Boskalis Westminster has been awarded a contract by the Vallei en Veluwe district water board for the construction of the Veessen-Wapenveld high-water channel in the province of Gelderland, the Netherlands. The project is one of the more than 30 measures that make up the Dutch national Room for the River program, which is aimed at providing better flood protection for areas close to the country's rivers.
Indofin Acquires Majority Stake in IHC Merwede
Indofin Group, the investment company, owned by the De Bruin family, has acquired a majority shareholding of 62% in IHC Merwede. Rabo Capital (10%) and IHC Merwede…
US Ports Dredging FY2014: Record Grant Recommended
Following on the heels of House Committee's recommendation, U.S. Senate Subcommittee recommends record US$1-billion for FY2014 maintenance dredging. The U.S. Senate…
Titan and T&T Cooperate for Salvage on Chilean Coast
Crowley Maritime Corp. subsidiary Titan Salvage, based in Pompano Beach, Fla., and its partner T&T Salvage, a maritime emergency and salvage company based in Galveston, Texas, recently completed a challenging wreck removal project off the coast of Chile. The job, which involved the removal and scuttling (the process of strategically sinking a shipwreck) of a grounded bulk carrier on Llolleo Beach, required the use of unique…
GPS Marine Contracts Damen for Shoalbuster
Damen Shipyards Group announced the sale of a 27m workboat, a Damen Shoalbuster 2709 displayed on the pontoons at Southampton U.K.’s Seawork exhibition (June25-27), to GPS Marine of Chatham, U.K. Casper Vermeulen, Sales Manager Europe, commented, “The Managing Director of GPS Marine came on to the stand and made us an offer for the Shoalbuster displayed on the pontoons. After half an hour of negotiation, we shook hands.
Port of Houston Tonnage and Revenue Up
Tonnage is up this year at the Port of Houston Authority, with container tonnage through May up by 9%, Executive Director Len Waterworth reported at Tuesday's meeting of the Port Commission of the Port of Houston Authority. Waterworth also reported that May operating revenue was at an all-time high of $20 million, up 4% or $800,000. This marked the first time in Port Authority history that operating revenue has exceeded $20 million.
Senate Suggests $1B for 2014 Maintenance Dredging
The U.S. Senate Appropriations Committee’s Subcommittee on Energy and Water Development completed its mark up of the fiscal 2014 appropriation bill for the U.S. Department of Energy and U.S.