DP World Project on Target in Rotterdam Dubai World’s financial problems will not affect the construction timetable of Europe’s biggest container terminal in which its subsidiary DP World is the largest investor, the port of Rotterdam said Dec. 4… The Journal of Commerce, December 4, 2009
AMSTERDAM -Netherlands-based dredging company Royal Boskalis Westminster is expected to spice up its EUR1.35 billion all-cash bid for maritime services provider Smit Internationale, as it looks to diversify into other businesses… Source: The Wallstreet Journal, December 4, 2009
AMSTERDAM (Dow Jones)–Dutch maritime services company Smit Internationale NV (SMIT.AE) said Friday it expects the due diligence by dredging company Royal Boskalis Westminster NV (BOKA.AE) to be finished by the end of this year… Source: Wall Street Journal, December 4, 2009;
Rio de Janeiro: Asia’s top container carriers – and possibly a Chinese dredging company – could gain from a plan by Brazil’s Port Minister Pedro Brito to make sure the South American country’s key port of Santos is dredged down to 17 metres within the next two years… Source: Asia Maritime News, Dece
Chang Jing 6, one of the country’s largest trailing suction hopper dredgers, is to be launched in Nantong, east China’s Jiangsu Province… Source: Window of China, December 4, 2009
Bangladesh will seek Tk 70,000 crore from the international community at the Copenhagen conference to deal with the impacts of climate change, said the chief of a parliamentary committee yesterday… Source: The Daily Star; December 4, 2009;209
Ottawa River cleanup nears! Crews are days away from mobilizing for the Ottawa River’s historic $43 million restoration effort… Source:toledoblade.com;December 03, 2009;
DHAHRAN — Saudi Aramco has issued an overview of measures taken to safeguard the marine habitats close to its shallow-water Manifa field development in the Arabian Gulf… Source: Offshore, December 3, 2009
In September 2009, the suction dredger Gateway was launched at the IHC Merwerde Offshore and Marine Shipyard in Hardinxveld-Giessendam. The dredger, completed for Royal Boskalis Westminster N.v., has been fitted out with Vulkan couplings… Source: Synfo, December 03, 2009
OC emergency dune repair planned in next 30-60 days OCEAN CITY — Resort officials say shoreline damage caused by the mid-November nor’easter will double the estimated cost of Ocean City’s 2010 beach replenishment effort from $10 million to about $20 million… Source: Delmarvanow, December 3, 2009;
Grassroots efforts to block a liquefied natural gas (LNG) terminal proposed for Mt. Hope Bay have redoubled in the wake of a federal appellate court decision slamming the door on the R.I. agency that reviews applications to dredge in the state’s coastal waters… Source: The Jamestown Press, December
CEO of Orion Marine Group Inc. (ORN) James Michael Pearson sold 19,897 shares of ORN on 11/23/2009 at an average price of $19.48 a share… Source:Gurufocus, December 3, 2009
THE Egyptian government is proposing a new entrance channel to the Suez Canal, in the hope of easing access to Port Said’s container terminal, according to sources in the country… Read More: Lloyd’s List
A Beirut developer planning an $8-billion artificial island off Lebanon says it is not worried by the debt debacle of Nakheel, the real estate developer behind Dubai’s similar man-made Palm Islands that revealed last week it needs more time to pay it debt… Source: Maktoob, December 3, 2009
