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Business & Finance

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Boskalis launches public offer for Smit
Business & Finance

Boskalis launches public offer for Smit

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

about 16 years ago
Australia: Fortescue Metals has announced that it will postpone a key phase of a major iron ore port development
Business & Finance

Australia: Fortescue Metals has announced that it will postpone a key phase of a major iron ore port development

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;

about 16 years ago
USA: Morgan Joseph Investment Banking repeats ‘Buy’ advice for Great Lakes Dredge & Dock Corporation
Business & Finance

USA: Morgan Joseph Investment Banking repeats ‘Buy’ advice for Great Lakes Dredge & Dock Corporation

Morgan Joseph repeats ‘Buy’ advice for Great Lakes Dredge & Dock Corporation (Nasdaq: GLDD), price target $8. Source: StreetInsider, February 22, 2010

about 16 years ago
REBIRTH OF UK MANUFACTURING: NORTH EAST ON BOARD
Business & Finance

REBIRTH OF UK MANUFACTURING: NORTH EAST ON BOARD

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

about 16 years ago
REBIRTH OF UK MANUFACTURING: NORTH EAST ON BOARD
Business & Finance

REBIRTH OF UK MANUFACTURING: NORTH EAST ON BOARD

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

about 16 years ago
UAE: DP World save despite Dubai World’s labouring under massive debts
Business & Finance

UAE: DP World save despite Dubai World’s labouring under massive debts

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;

about 16 years ago
UK: Stena Line annouces investments of £200m in new Scottish port
Business & Finance

UK: Stena Line annouces investments of £200m in new Scottish port

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

about 16 years ago
China Harbour Eningeering Co celebrates 30 years as a ‘going global’ pioneer
Business & Finance

China Harbour Eningeering Co celebrates 30 years as a ‘going global’ pioneer

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

about 16 years ago
Damen (NL) and Qatar Gas Transport Company joint to operate Ras Laffan shipbuilding facility
Business & Finance

Damen (NL) and Qatar Gas Transport Company joint to operate Ras Laffan shipbuilding facility

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

about 16 years ago
Kenmare Resources mulls 50% expansion for Moma mine (Mozambique)
Business & Finance

Kenmare Resources mulls 50% expansion for Moma mine (Mozambique)

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

about 16 years ago
Indonesia: seven more dredgers required to meet PT Timah’s 2010 production outlook
Business & Finance

Indonesia: seven more dredgers required to meet PT Timah’s 2010 production outlook

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

about 16 years ago
The Netherlands: Holders Of Smit Shares (7.2%) Find Boskalis Offer Still Too Low
Business & Finance

The Netherlands: Holders Of Smit Shares (7.2%) Find Boskalis Offer Still Too Low

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

about 16 years ago
Dredging Corporation of India presents quarterly and nine months results
Business & Finance

Dredging Corporation of India presents quarterly and nine months results

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

about 16 years ago
National Marine Dredging Co. (UAE): turning sludge into gold
Business & Finance

National Marine Dredging Co. (UAE): turning sludge into gold

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

about 16 years ago
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