Boskalis and Smit hereby jointly announce that the Offeror is making a public cash offer for all the issued and outstanding ordinary shares with a nominal value of EUR 2.30 each in the capital of Smit. More info: Boskalis.com
LR-Fairplay reports that Fortescue Metals has announced that it will postpone a key phase of a major iron ore mine, port and rail development until 2013. [mappress] Source:wotnews,February 22,2010;
Morgan Joseph repeats ‘Buy’ advice for Great Lakes Dredge & Dock Corporation (Nasdaq: GLDD), price target $8. Source: StreetInsider, February 22, 2010
BWEA (RenewableUK), the UK’s leading trade association, welcomed today’s announcement from US company Clipper Windpower on plans to build the world’s largest turbine blade in Newcastle, for its proprietary 10 megawatt (MW) Britannia wind turbine. Each Britannia turbine will be able to satisfy the an
BWEA (RenewableUK), the UK’s leading trade association, welcomed today’s announcement from US company Clipper Windpower on plans to build the world’s largest turbine blade in Newcastle, for its proprietary 10 megawatt (MW) Britannia wind turbine. Each Britannia turbine will be able to satisfy the an
Dubai World is expected to hold onto its global port terminals business despite the group labouring under massive debts. [mappress] Source: TradeWinds, February 18, 2010;
Stena Line has announced investment details of approximately £200m in a new ferry port facility at Loch Ryan in Scotland. A 28 acre site two miles north of Cairnryan has been chosen to locate the facility which will be constructed to accommodate a mix of travel… [mappress] Source:webwire,February 15
China Harbour Engineering Co Ltd ( CHEC), a world-renowned international contractor, has been dedicated to pursuing business opportunities in the overseas market for the past 30 years, ever since its establishment in 1980. During this period, CHEC has sought to develop its business while… Source: Ch
Qatar Gas Transport Company Ltd. (NAKILAT) has signed a joint venture agreement with Damen Shipyards Qatar Holding B.V., a wholly owned subsidiary of Damen Shipyards Group, to jointly operate a shipbuilding facility in the Port of Ras Laffan, Qatar. [mappress] Source: MarineLink, February 7, 2010
Kenmare Resources is the Irish, UK-listed owner of the Moma titanium mine in Mozambique. It’s had an interesting couple of years developing the mine, during which its share price has fallen from over 30p to less than 10p as it hit execution problems before recovering to the current 25p level. [mappr
Jakarta – PT Timah Tbk projects its production this year to reach 50,000 tons rising a bit from last year`s recorded at 49,000 tons. [mappress] Source: Antara, February 3, 2010
AMSTERDAM–Some shareholders of Smit Internationale NV (SMIT.AE) Wednesday said a revised takeover offer from Royal Boskalis NV (BOKA.AE) that has been recommended by Smit’s board and management still undervalued the Dutch maritime service provider, continuing a split that has caused one Smit board m
Dredging Corporation of India Ltd has announced the financial results for the quarter ended on 31-December-2009. The Net Sales was at Rs.181.21 crores (US$ 38.7 million) for quarter ended on 31-December-2009 against Rs.223.77 crores (US$ 47.7 million) for the quarter ended on 31-December-2008… [mapp
National Marine Dredging Company (NMDC) may be in the business of sucking up mud, but for investors the sludge might as well be gold… [mappress] Source: The Nation, January 27, 2010