The dredging market is anticipated to increase from US$ 15.7 billion in 2022 to US$ 22.3 billion in 2032. According to FMI, the market is expected to expand at a CAGR of 3.7% over the course of the projected period.
The dredging market is anticipated to increase from US$ 15.7 billion in 2022 to US$ 22.3 billion in 2032. According to FMI, the market is expected to expand at a CAGR of 3.7% over the course of the projected period.
Abu Dhabi-based National Petroleum Construction Company (NPCC) has announced the groundbreaking for a new 400,000 sq m fabrication yard in Ras Al Khair port located in the Eastern province of Saudi Arabia.
The godmother of the vessel is the four-year-old Cosette Goethals, daughter of Julie De Nul and granddaughter of ir. J.P.J. De Nul. Cosette proudly christened her namesake and wished it good luck and a safe journey.
Electrical systems integrator Alewijnse has taken an important step into the United States of America. The company, with more than 130 years of experience in electrical engineering and automation, is expanding its business to the United States through the delivery of the newest dredge control solutions to Great Lakes Dredge & Dock Co, the largest provider of dredging services in the USA.
A critical channel deepening project that will help move cargo more efficiently to and from the U.S. advanced on September 12, after the Long Beach Harbor Commission concluded an extensive environmental review process and approved the project.
Damen has delivered a CSD650 to HAC Cranes for an end user in Kuwait. The stationary dredger, named GD4000, was mobilized from stock and outfitted, inspected and delivered from the yard to its final destination, all in just 44 days from contract signature. After some modification work and the installation of some extra onboard options in Kuwait, the dredger will be put into operation by Gulf Dredging.
Royal IHC and Karnafuly Ship Builders Ltd (KSBL) in Bangladesh have signed contracts for the design, engineering and hardware of four cutter suction dredgers (CSD). The four mono-pontoon custom-built CSDs (2x 700 mm and 2x 600 mm) will be built in Bangladesh by KSBL for Bangladesh Inland Water Transport Authority (BIWTA) for maintenance dredging in Bangladesh. Royal IHC will provide yard assistance for the installation, testing and commissioning of the equipment and the CSDs.
Dare County, in partnership with EJE Dredging Service, has announced that Miss Katie—the shallow-draft hopper dredge that has been under construction in Morgan City, Louisiana, since March 2021—has officially arrived on the Outer Banks.
Low water levels on the Rhine River are threatening further problems for the German industry, which is troubled by high energy costs, disrupted supply chains and inflationary prices.
Preparations to begin work on Te Pūwaha, the Whanganui port revitalisation, is progressing well, with two of three key consents needed for the project granted.
National Marine Dredging Company (NMDC) has won a 79 million dirhams ($21.5 million) contract for a very important dredging project in Egypt. The job includes dredging the entrance to the navigation channel and the trench of the quay wall in the Red Sea Port in Safaga, NMDC said in a disclosure to the Abu Dhabi Securities Exchange (ADX) on Thursday.
The Department of Transport has been advised that the Marine Engineering Division of the Department of Agriculture, Food and the Marine is undertaking dredging and quay construction works at Smooth Point in Killybegs Fishery Harbour Centre, Co Donegal.
Damen Dredging Equipment has delivered a full dredge package for the brand-new split hull Trailing Suction Hopper Dredger (TSHD) Omvac Catorce owned by the Spanish dredging contractor CANLEMAR, S.L.
Dredging Corporation of India (DCI) has reported a Rs 28.61 crore profit ($3.5 million) for the second quarter of financial year 2022-23.
AP Maritime Board Chairman Kayala Venkata Reddy stated that Rs 100 crore have been earmarked for the development of Kakinada Anchorage Port and works have commenced from Thursday. Chairman Venkata Reddy inaugurated channel dredging works along with Kakinada MP Vanga Geetha, MLA Dwarampudi Chandrasekhar Reddy and AP Rice Millers Association president Dwarampudi Veerabhadra Reddy near Cocanada Chamber of Commerce, Langalarevu, Kakinada on Thursday.
Bangladeshi Prime Minister Sheikh Hasina inaugurated on 27 October capital dredging works of the main navigation channel of the country's third-largest seaport, Payra Port, located in south-central Bangladesh
The Dutch company Jan De Nul will carry out the dredging works of the 75-kilometre-long access channel namely Rabnabad channel which will be 100 to 125-meter wide with 10.5-meter water depth after completion of dredging
Once dredged in that depth, the navigation channei of the under-construction seaport will be able to accommodate 3,000 TEU-sized container vessels and 40,000 tonnes-sized bulk sarge vessels.
The dredging market is anticipated to increase from US$ 15.7 billion in 2022 to US$ 22.3 billion in 2032. According to FMI, the market is expected to expand at a CAGR of 3.7% over the course of the projected period.