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The Port of Townsville’s $232 million Channel Upgrade project has reached a significant milestone with the largest Australian owned backhoe dredge Woomera commencing dredging operations in Cleveland Bay.
Townsville is a step closer to welcoming ships up to 300 metres long with the arrival of Australia’s largest backhoe dredge, Woomera, at the Port of
Hall Contracting has just announced that their 65-metre-long backhoe dredge Woomera is ready for her next dredging job, the Port of Townsville Channel Upgrade project.
Crescent Capital dredges exit pathway at Hall Contracting Save Share Australian private equity firm Crescent Capital is ready to mull exit options for its dredging, civil and marine construction company, Hall Contracting. Street Talk understands Crescent Capital, which acquired a majority stake in Hall Contracting late in 2017, recently invited investment banks and advisory firms to pitch for the sell-side mandate. Hall Contracting was recently hired to help upgrade the Port of Townsville. Â Glenn Hunt Sources were pointing at independent firm Houlihan Lokey as the most likely to be manda...
Townsville dredging project starts in May March 5, 2021, by Zlatan Hrvacevic In their first community newsletter for 2021, the Port of Townsville gave a brief update on some of the largest projects in the port’s history. “The Channel Upgrade Project is well advanced with construction of the rock wall nearing completion and dredging to start in May this year,” said Ranee Crosby, CEO of Port of Townsville Limited. “It is great to see the Port of Townsville’s $232 million Channel Upgrade project continuing to deliver jobs for the region,” adde...