A maritime industry consortium and the existing syndicate of banks of shipbuilder Royal IHC, including the three major Dutch banks, have reached a heads of agreement for the acquisition and refinancing of IHC Merwede Holding B.V.
Because of the dredging of shallow area, the Dunedin Marina boat ramp will close to the general public effective Friday, May 8, 2020. The City of Dunedin reported that they will begin dredging the marina on Monday, June 1st, with staging in the parking lot areas possibly starting a week prior. As re
Great Lakes Dredge & Dock has successfully completed Phase II of the Post Florence Renourishment Project. According to the Carteret County Shore Protection Office, GLDD’s hopper dredge Ellis Island delivered the last load of sand to West Emerald Isle (“reach 2”) at approximately 1:30 pm, on April 29
Orion Group Holdings, Inc. (ORN) yesterday reported net income of $2.7 million ($0.09 diluted earnings per share) for the first quarter ended March 31, 2020. “I want to sincerely thank our team members who are safely working at our project sites, yards, field support offices, and remote locations ar
The U.S. Army Corps of Engineers, Alaska District has just announced the completion of maintenance dredging in Homer. According to the Corps, the District completed maintenance dredging in Homer on Monday in the U.S. Coast Guard berth of the harbor. “We initially estimated that 3,500 cubic yards of
A broad consortium of investors and industry partners from the dredging and offshore sectors and the existing international syndicate of banks of Royal IHC, including the three major Dutch banks, have reached a Heads of Agreement for the acquisition and refinancing. This gives Royal IHC, as an impor
The U.S. Army Corps of Engineers, New York District has awarded the first contract for the East Rockaway Inlet to Rockaway Inlet and Jamaica Bay, New York Coastal Storm Risk Reduction Project. This is the first of several contracts that will provide nearly $600 million in federal investment for the
In the first three months of 2020, the volume of dredging works carried out by the fleet of Ukrainian Sea Ports Authority exceeded 700,000 cubic meters. Compared to the first quarter of 2019 (160,000m³), the company increased the dredging volume by 540,000m³. According to the company, the positive d
In February and March 2020 the Environment Agency held a number of drop-in sessions in north Reading and Lower Caversham regarding the proposed flood alleviation scheme. Due to the escalation in the UK’s response to the coronavirus the the final event scheduled for Friday 20 March was cancelled. At
Works on a coastal defense scheme in the West Sussex village of Elmer are nearing completion, Mackley informs. The Elmer Coastal Defense Scheme is being carried out by Mackley, working as part of Team Van Oord, on behalf of the Environment Agency, Arun District Council and Elmer Sands Limited. The p
Beaches at Lancelin, Perth, Western Australia, will be widened with the sand from the Department of Transport’s latest maintenance dredging campaign in the area. Department of Transport (DoT) Maritime General Manager, Steve Jenkins, said that maintenance dredging, last completed in 2017, would resto
Femern A/S is activating the main construction contracts with Femern Link Contractors (FLC) with effect from January 1, 2021. the project owner said in their latest release. This means that construction of the large scale tunnel element factory at Rødbyhavn can get underway. November 2019 saw the st
Repair operations on the Muskegon South Breakwater Connector in Muskegon, Michigan will remain on schedule, the U.S. Army Corps of Engineers, Detroit District, announced yesterday. Additional armor stone placement, demolition of the structure’s surface and placement of a new concrete cap are taking
Kingston District Council, South Australia, said in their latest release that they have been successful in receiving grant funding from the Coast Protection Board to implement strategies to minimize erosion risk in vulnerable areas at Wyomi Beach. This funding had originally been sourced for the ins
