Harbor Deepening Market Size & Trends Shows a Rapid Growth by 2027


Posted August 18, 2021 by danishahmed

A significant trend towards the maintenance and expansion of ports across the globe has been reported coupled with the emerging focus on international trade, which in turn, is driving the global harbor deepening market

 
A significant trend towards the maintenance and expansion of ports across the globe has been reported coupled with the emerging focus on international trade, which in turn, is driving the global harbor deepening market. Waterborne transport has been proven to be more environmentally friendly than any other transport mode. Without dredging activities, waterborne transportation, jumbo cargo ships, supertankers, and cruise ships would be impossible. Therefore, several government projects for the capacity expansion of ports have been witnessed to facilitate smooth trading operations. For instance, in April 2019, DEME received a contract to conduct the Elbe fairway deepening in Germany. The contract ensures the technological expertise of DEME in marine engineering and complex dredging projects. This capital dredging contract has an estimated value of $262 million. It is a complex environmental and marine engineering project to comply as per the stringent environmental needs at all times during its execution.

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Under the contract, DEME will deploy its most advanced backhoe dredgers, spreader pontoons, and trailing suction hopper dredgers, for the dredging, transportation, and relocation of nearly 32 Mio m3 of material.  Since 2004, hopper dredger of DEME was frequently deployed on the River Elbe to maintain the fairway through Cuxhaven to Hamburg. Additionally, the company has completed deepening works on the River Seine in France and the transformation of the ?winouj?cie – Szczecin fairway in Poland. Further, in June 2019, China Harbor Engineering Company, Ltd. (CHEC), in partnership with the Ukrainian Sea Ports Authority, has finished the dredging project at the Chernomorsk seaport. The project is aimed at enhancing the competitiveness of Ukraine’s port's in the Black Sea. These kinds of dredging projects are exploring an opportunity for the significant investment in ports infrastructure in the region, which in turn, will drive the European harbor deepening market.

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Global Harbor Deepening Market - Segmentation
By Application
Capital Dredging
Trade Maintenance 
Coastal Protection 
Urban Development
 By End-User
Government Organizations
 Private Organizations
 Oil & Gas Companies
 Mining & Energy Companies
Company Profiles
3R, Inc.
Adani Ports and Special Economic Zone, Ltd.
American Underwater Services, Inc.
Beckett Rankine
BuildChester, Ltd.
China Harbour Engineering Co., Ltd.
DEME (Dredging, Environmental and Marine Engineering N.V.)
Dredging Corporation of India, Ltd. (DCI)
DSC Dredge, LLC
Dutra Group
Evosun Maldives Pvt. Ltd.sdn bhd
Great Lakes Dredge & Dock Corp.
Hyundai Engineering & Construction Co. Ltd.
Jacksonville Port Authority (JAXPORT)
Jan De Nul Group
Manson Construction Co.
Norfolk Dredging Co.
Penta Ocean Construction Co., Ltd.
Royal Boskalis Westminster N.V.
Toa Corp.
Van Oord N.V.

Global Harbor Deepening Market – Segmentation by Region 

North America 

United States
Canada

Europe

Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Asia-Pacific 

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Middle East & Africa 
Latin America

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Last Updated August 18, 2021