Following a hostile takeover, Smit’s salvage business will remain in the group for three years. But what then?… Source: Fairplay, November 19, 2009
Kandla Port Trust is busy exploring ways to expedite the setting up of a Special Economic Zone over 5,000 hectares identified for the purpose… Source: The hindu Business Line, November 23, 2009
DUBAI – Abu Dhabi’s National Marine Dredging Co or NMDC, said Monday it won a 1.5 billion U.A.E. dirham ($408.7 million) contract to build a 63.5-kilometer canal in the U.A.E.’s largest emirate… Source: Maktoob, November 23, 2009;
Great Lakes Dredge and Dock Co., Inc., Oak Brook, Ill., was awarded on Nov. 18, 2009, a $5,559,750 firm-fixed-price contract for the maintenance dredging, Wilmington Harbor Outer Ocean Bar, Brunswick County, North Carolina… Source: Defpro, November 23, 2009;
Marshfield – Boats bottoming out and tilting over toward their heaviest side in Green Harbor during low tide… Source: Marshfield, November 19, 2009
A joint venture of VolkerStevin Marine and Westminster Dredging has been named as preferred contractor for the design and construction of the Siadar Wave Energy Project on the Isle of Lewis… Source: Construction News, November 20, 2009;
AHMEDABAD: Adani Group arm Mundra Port and SEZ will develop non-LNG port facilities at Hazira in South Gujarat. The group will commission 13 berths for bulk cargo and containers that will be developed in phased manner… Source: The Econimic Times, November 20, 2009
AVALON CONDITIONS WORSE THAN EXPECTED… Source: Shore News Today, November 18, 2009;
Europe’s largest energy project, Nord Stream, this month received vital approvals from Sweden and Finland when they gave their OKs for the twin underwater pipelines to pass through their exclusive economic zones in the Baltic Sea… Source: ENR, November 18, 2009;
TEXAS CITY — A New Jersey-based marine construction firm was awarded a $61.8 million contract Wednesday to deepen the Texas City Ship Channel… Source: The Galveston Daily News, November 19, 2009;
Companies in Argentina have started building a key natural gas pipeline to connect two areas near the Straits of Magellan in southern Argentina, the gas regulator, Enargas, said in a statement Sunday… Source: Downstream Today, November 16, 2009
The United States Army Corps of Engineers awarded King Fisher Marine Service, LP, Port Lavaca, Texas, on Nov. 16, 2009 with a $8,937,945 firm-fixed-price contract… Source: DefPro, November 17, 2009;
Swiss shipowner Allseas has said that its pipelay vessel, the ‘Pieter Schelte’ will be built at an Asian shipyard… Source: Baird Maritime, November 18, 2009;
National Mineral Development Corporation (NMDC), is a life line for steel makers like JSW, Ispat and Essar and now its huge cash reserves of over Rs 20,000 crore is set to become a new lifeline for Karnataka… Source: NDTV, November 17, 2009;
