New Dredging & Consulting Company

Mr. Ian Anderson, President, Anderson Dredging & Consulting, Ltd. announced the formation of a unique kind of international dredging and consulting company to serve the needs of marine infrastructure developers, port authorities, oil, gas & mineral exploration companies worldwide.

Experienced in the dredging of ports and harbors, land reclamation, beach replenishment, and pipeline trenches, the company will assist dredging companies and state owned dredging enterprises with project management, the auditing of projects in execution, reviewing the design of dredging equipment, financing, and the procurement of personnel and equipment.

Using experience gained during a 30-year career in international dredging projects, Anderson will participate with project owners, on a fee plus incentive basis, for the development of projects from conception through execution. Services will include initial project feasibility assessment (including site surveys), project financing options (including BOT and BT), sourcing of appropriate dredging equipment and attendant plant (including financing options) and overall project management utilizing Microsoft Project 98 software.

The Company has established relationships with associates and contacts in many countries during its development stages, and the process is ongoing. Further specific announcements regarding this are to be expected.