(nebusiness) Offshore engineering specialist IHC Engineering Business (EB) is “absolutely” confident of being back in profit this year after investment in new technology and the opening of a new site pushed it into the red. Figures just published by the Northumberland-based business show it made a pre-tax loss of £2.8m in the 12 months to September 30 last year, compared with a £2m profit in ...read full story...

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(Van Oord) On 20 August 2010, flexible fallpipe vessel Stornes was launched at the CIMC Raffles yard in Yantai, China. A naming ceremony will be held at a later date. Final building operations will be conducted at the same yard. The ship is scheduled for completion in 2011 after which it will be operational on the offshore market.

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(GlobeNewswire via COMTEX) -- Orion Marine Group, a leading heavy civil marine contractor serving the infrastructure sector, today announced the christening of its newest dredge the Linda LaQuay. Orion Marine Group will christen the dredge Linda LaQuay Friday morning, August 27, 2010, in its new north yard in Port Lavaca, TX. The dredge Linda LaQuay, is a 24" cutter suction dredge with the capability of dredging depths up ..read full story...

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(Nola) Louisiana received its third $60 million check from BP on Tuesday to pay a share of the cost of building berms along barrier islands, and the state's coastal czar again defended the controversial use of sand as an effective tool in capturing oil from the BP spill in the Gulf of Mexico ...read full story...

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On Monday August 16th Jan De Nul NV was awarded one of the last large tenders for the Panama Canal Expansion. Jan De Nul is already very active in Panama and is a.o. working on the construction of the new locks on the Panama Canal, one of the most prestigious infrastructure works in the world.
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(Thefinancialexpress-bd) he government Tuesday approved a project under the much-talked-about one-billion-dollar Indian credit aiming to procure dredgers for improving river draught on the Kolkata-Ashunganj water route to facilitate transshipment. The government's highest body on project approval -ECNEC-also endorsed the cross-border power transmission grid scheme, which would be ...read full story...

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(Allvoices) MANILA, Philippines- A militant lawmaker wants a Belgian dredging firm to be investigated on the controversial 3-million dredging contract in Laguna Lake. Anakpawis Rep. Rafael Mariano last week filed House Resolution No.203 directing the House Committees on Oversight and Aquaculture and Fisheries Resources to conduct an investigation on the P 18.7 billion loan agreement between the ...read full story...

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(RNW) A group of surfers say plans by Port Otago to dump dredge sediment near Aramoana spit could spoil the area's world-famous surf break. Port Otago has confirmed it plans to dredge to widen and deepen the harbour to accommodate shipping. Waste from the dredging would be dumped at Taiaroa Heads, opposite the Aramoana spit. A local spokesperson for the Surfbreak Protection ...read full story....

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Jan De Nul NV is the lowest bidder for one of the last large tenders for widening and deepening the Panama Canal. Jan De Nul is already very active in Panama and is a.o. working on the construction of the new locks on the Panama Canal, one of the most prestigious infrastructure works in the world.

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(kuwaittimes) KUWAIT: The Ministry of Public Works finalized preparations to launch the third stage of Phase One of the Mubarak Al-Kabeer port development project, reported Al-Rai. The stage is scheduled to begin at the start of next year, announced the head of the advisory studies division of the major projects department, Sorour Al-Otaibi yesterday. The third stage of the project includes expanding the ...read full story...

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