DEME Orders LNG-Powered Dredgers from Royal IHC

Dutch shipbuilder Royal IHC announced today the receipt of a contract for the design, construction and delivery of two unique LNG-powered dredging vessels to DEME Group in Belgium. The 7,950 m3 and 3,000 m3 (expandable to 3500m3) trailing suction hopper dredgers (TSHDs) are the first to be provided with a liquefied natural gas (LNG) - fueled main engine which ensures they are … [Read more...]

DEME Reports Record Year of Digging in the Ocean

Marine and offshore services firm DEME reports 2013 was a record year for their company while capitalizing on projects around the globe. With 2013 revenues of EUR 2.53 billion, this represents an increase of 32 percent over the prior year.  DEME notes yearly net profits were up 22 percent to EUR 109.1 million and will be further supported by a diversified order book of EUR … [Read more...]