- In April 2024, Shandong Haohai Dredging Equipment Co. Ltd (HID) launched a heavy-duty, large-capacity cutter suction dredger CSD750 at clients' working sites. The precision-engineered dredger can dredge to depths of up to -22 meters, showcasing a cutter power of 700KW. The dredger is equipped with dual marine dredging pumps, ensuring a dredging capacity of 7000m3/h
- In December 2022, Royal IHC, a leading supplier of maritime technology, announced the successful supply of two cutter suction dredgers, namely IHC Beaver 70 and IHC Beaver 45, to Xuan Thien Group, a prominent construction and infrastructure development company. These dredgers were deployed to establish a reclamation area for the creation of the Xuan Thien Nam Dinh green steel complex
- In 2022, the dredging corporation of India, a government-owned dredging company, announced plans to repay vendor debts by June 2022 to improve its financial position. These enhancements will help the firm to boost cash flow in the next two to three quarters.
