The year 2016 was a challenging one for Van Oord. Revenue decreased to an amount of EUR 1.71 billion (2015 EUR 2.58 billion) and net profits went down to EUR 90 million (2015: EUR 169 million)
NMDC Ltd, country’s largest iron ore producer and exporter in public sector, will be setting up an iron ore crushing plant and more downhill conveyor systems at its Bailadila Iron Ore Mines at its Kirandul Complex in Dantewada district which is a bastion of Leftist insurgents.
The technology group Wärtsilä has signed a five-year technical management and services agreement with Songa Offshore for four Cat-D type semi-submersible drilling rigs operating in the North Sea. Through the partnership with Wärtsilä, Songa Offshore ensures optimal performance and maximum availability of the Wärtsilä engines and thrusters on board the drilling rigs, which operate in extremely harsh conditions. This is possible with real-time knowledge of the actual condition of the equipment, provided by Wärtsilä’s digital offering.
The main channel at the port of Maputo in Mozambique was dredged to 14.20 m. The deepening of the port’s waterways was completed and intends to allow access to the port by ships of up to 80,000 tonnes.
The Parliamentary Standing Committee on Water Resources Ministry yesterday recommended the Bangladeshi Government to complete the dredging of Buriganga, Shitalakkhya and Turag rivers on a priority basis, United News of Bangladesh (UNB) reports.
Asia’s largest and most advanced dredging vessel, named Tian Kun Hao, is about to kick off its sea trials, People’s Daily Online reports.
American Electric Technologies, Inc. (AETI) announced that its M&I Electric business has been awarded a $5 million project for a complete power and control system for a new dredge vessel for a US Gulf Coast dredging company.
Emergency dredging operations have been wrapped up in the ports of Barbate and Conil, south of Cadiz, Agencia Publica de Puertos de Andalucia (APPA) said in their latest release.