International Dredging Review

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Ocean Dredging Signs Multi-Year Dredging Contract

Ocean Dredging DS, a Quebec based maritime company, signed its first multi-year dredging contract with Empressa Generadora de Electricidad Itabo in the Dominican Republic. The maintenance work will be done annually with crews of the Ocean Traverse Nord dredge to sustain adequate depths for safe access to… Read More

Federal Budget Shortchanges Channel Maintenance

The American Association of Port Authorities expressed alarm on February 3 that the administrations fiscal year 2005 (FY05) budget for the Corps of Engineers Civil Works projects fails to adequately fund critical deep-draft navigation projects. The group called for release of funds from the Harbor Maintenance Trust Fund (HMTF). Based on the fy 05 budget just announced the fund surplus is expected to grow by an additional $377 million between fy 04 and fy 05 to more than $2.6 billion. Read More

Madison Dearborn Acquires GLD&D

Great Lakes Dredge & Dock Corporation announced on November 12 that it had signed a definitive agreement along with its majority owner Vectura Holding Company LLC a portfolio company of Citigroup Venture Capital Ltd. to sell the company to an affiliate of Chicago-based private equity investment firm Madison Dearborn Partners LLC for $340 million in cash. Read More

Palm Beach Dredging Contract Announced

Sealed Bids will be received by the Board of County Commissioners Palm Beach County Florida up to and opened at 2:00 p.m. Tuesday July 31 2001 in the Engineering and Public Works Department at HiltonAirport Centre 160 Australian Avenue Suite 503 West Palm Beach Florida 33406 for furnishing all materials labor equipment and supplies necessary for the Construction of:SOUTH LAKE WORTH INLETMAINTENANCE DREDGING AND ROCK REMOVALPROJECT # 2002053 Read More

Dredging Contract News. City of Benicia to Dredge Marina

The City of Benicia Public Works Department is planning a procurement to perform maintenance dredging of the Benicia Marina. The work entails dredging of the entire marina to restore the harbor basin to its authorized dimensions. The dredging work is scheduled for this summer. Read More