DUBAI – Abu Dhabi-based National Marine Dredging Co., or NMDC, said Wednesday it made a net profit of 413.2 million U.A.E. dirhams ($112.6 million) in 2009, a 55.6% increase on the previous year… [mappress] Source: Maktoob, January 26, 2010
AMSTERDAM –Dutch maritime services provider Smit Internationale NV Monday said it would recommend a takeover offer from Royal Boskalis NV after the dredging company raised its offer with a dividend for Smit shareholders… Source: The Wall Street Journal, January 25, 2010
What is a dredging and demolition business doing headquartered in upscale Oak Brook, Illinois? [mappress] Source: iStockAnalyst, January 8, 2010
Marine services company acquires Minette Bay Ship Docking Smit Internationale, the global marine services company, completed the acquisition of all shares of Minette Bay Ship Docking Ltd… [mappress] Source: The Journal of Commerce, January 3, 2010;
Bangalore: Private port operator Gujarat Pipavav Port Ltd (GPPL) plans to raise at least Rs500 crore through an initial public offering (IPO), according to two bankers briefed on the matter. The share sale is planned for 2010, the bank officials said on condition of anonymity… Source: Livemint, Dece
Aberdeen company Subocean has won tens of millions of pounds of funding to allow it to expand overseas. The private equity arm of Lloyds Banking Group (LDC)… Source: BBC News, December 21, 2009
Despite a recent outburst by business tycoon Harry Jayewardena who controls the blue chip conglomerate Aitken Spence, against its lead Chinese partner in the new Colombo South Harbour project, the group is dispatching its Maritime arm Chairman Parakrama Dissanayake to… Source: Nation on Sunday ,Dece
STX Group, the nation’s 19th-largest conglomerate, said Tuesday it would turn its shipbuilding affiliates in China into a holding company-led system to streamline its Chinese business… Source:koreatimes,December 15,2009
AMSTERDAM – A majority of shareholders in Royal Boskalis Westminster NV Monday gave the green light for a share issue, which the Dutch dredging company will use to partly finance the takeover of Smit Internationale NV… Source: Morning Star, December 7, 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;
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
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
After international construction and development major Dubai World failing to repay its huge pile of debt on time, the state of its bids for development of container terminal berths at major ports in India may come under the scanner… Source: Indian Express, November 28, 2009
