+
 Dredging Corp inks MoU with Abu Dhabi's NMDC for strategic alliance
PORTS & SHIPPING

Dredging Corp inks MoU with Abu Dhabi's NMDC for strategic alliance

Dredging Corporation of India (DCI) signed a memorandum of understanding (MoU) for a strategic alliance with the Abu Dhabi-based National Maritime Dredging Companies (NMDC) as it would pave the way for the achievement of the Maritime Vision 2030 goals.

HN Aswath, Development Advisor (Ports) at the Ministry of Ports, Shipping and Waterways, said that the strategic alliance between the DCI and NMDC would pave the way for the achievement of the Maritime Vision 2030 goals.

On the occasion of the signing of a virtual Memorandum of Understanding (MoU) between the two organisations on Monday, Aswath said that the MoU would assist DCI and NMDC in better serving the needs of the ports.

Prof Dr GY Victor, the MD and CEO of DCI, said that rising marine infrastructure development operations, particularly in the Indian subcontinent, African region, Middle East, and the Far East region, the Indian and Abu Dhabi.

The memorandum of understanding was signed by DCI MD Victor and NMDC group CEO Yasser Nassr Zaghloul to transform the two companies into regional leaders.

DCI owns and operates a large fleet of Trailing Suction Hopper Dredgers, while NMDC owns and operates a large Cutter Suction Dredger and has firsthand experience in port development and management.

The alliance would focus on capital dredging projects, project development on a build-operate-transfer (BOT) basis, operating ports as managers, participating in public-private partnerships in dredging works following dredging policy, ministry of ports, shipping and waterways, port development, operations, and management, reclamation words, and development of multimodal transportation.

The NMDC group CEO Yasser Nassr Zaghloul said that the agreement paves the way for them to improve their capabilities and expertise, as well as expand their operations throughout the region and Southeast Asia. On a project-by-project basis, both companies agreed to mutual participation and bid submission across the region.

Image Source

Also read: India Ports Global gets Captain Alok Mishra as Managing Director

Dredging Corporation of India (DCI) signed a memorandum of understanding (MoU) for a strategic alliance with the Abu Dhabi-based National Maritime Dredging Companies (NMDC) as it would pave the way for the achievement of the Maritime Vision 2030 goals. HN Aswath, Development Advisor (Ports) at the Ministry of Ports, Shipping and Waterways, said that the strategic alliance between the DCI and NMDC would pave the way for the achievement of the Maritime Vision 2030 goals. On the occasion of the signing of a virtual Memorandum of Understanding (MoU) between the two organisations on Monday, Aswath said that the MoU would assist DCI and NMDC in better serving the needs of the ports. Prof Dr GY Victor, the MD and CEO of DCI, said that rising marine infrastructure development operations, particularly in the Indian subcontinent, African region, Middle East, and the Far East region, the Indian and Abu Dhabi. The memorandum of understanding was signed by DCI MD Victor and NMDC group CEO Yasser Nassr Zaghloul to transform the two companies into regional leaders. DCI owns and operates a large fleet of Trailing Suction Hopper Dredgers, while NMDC owns and operates a large Cutter Suction Dredger and has firsthand experience in port development and management. The alliance would focus on capital dredging projects, project development on a build-operate-transfer (BOT) basis, operating ports as managers, participating in public-private partnerships in dredging works following dredging policy, ministry of ports, shipping and waterways, port development, operations, and management, reclamation words, and development of multimodal transportation. The NMDC group CEO Yasser Nassr Zaghloul said that the agreement paves the way for them to improve their capabilities and expertise, as well as expand their operations throughout the region and Southeast Asia. On a project-by-project basis, both companies agreed to mutual participation and bid submission across the region. Image Source Also read: India Ports Global gets Captain Alok Mishra as Managing Director

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?