The redundancies were part of a reorganisation affecting Damen Shiprepair Rotterdam, Damen Shiprepair Van Brink, and Damen Shiprepair Vlissingen, the Dutch company explained.
The company's bottom line was affected by an impairment charge related to its offshore business as well as its 2013 acquisition of heavy lift operator Dockwise.
Port launches a dredging project in readiness for larger vessels and to boost its drive to become an Indian Ocean transhipment hub.
South America's largest port, Santos in Brazil, has in recent years seen several false starts in implementing badly needed deeping and maintenance dredging of all its channels. Now, finally, a contract has been signed.
Dredging is playing its part in the US Army Corps of Engineers’ long-term protection of the United States east coast, which is at continued risk from storms and flooding, reports Scott Berman.
Belgian dredging giant DEME has won three contracts worth a total of EUR100 million (USD107 million) in India and the Maldives, where it will reclaim land for 10 new islands for the Dream Islands resort.
The projects are for ‘Reconstruction of the sea approach canal and inland approaches to the deepwater berths of Yuzhny seaport’, and ‘Reconstruction of water approaches, manoeuvring areas, and operational water areas’.
The launch of the first ever dual-fuel trailing suction hopper dredger (TSHD), equipped with engines that can run on LNG, created both history and controversy. Bert Visser talked to DEME CEO Alain Bernard and head of the construction and conversion Jan Gabriel
For contractors looking to supply the offshore sector, some key questions need answering. How has the oil price slump affected the market? Will renewable energy projects continue to grow? And what are the main challenges during 2017 and beyond? Tony Slinn talks to key industry figures
The last two months of 2016 saw a substantial increase in the sale of IHC vessels, equipment, and engineering packages.