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Iran (Islamic Republic of) // Company & People News | Dredge Mining

Bloomberg Creates New Chart Monitoring Ship Traffic Through the Strait of Hormuz

Posted on April 27, 2026

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Vard and Aas Mek Verksted Explore Partnership on Norwegian Navy Vessel Program

Vard Group and Aas Mek.Verksted AS have signed a letter of intent regarding a possible collaboration, primarily concerning the smaller vessels in the Forsvaret – Norwegian Armed Forces’ procurement of standardized vessels. The Norwegian Armed Forces intend to procure up to 28 standardized vessels for the Royal Norwegian Navy and the Coast Guard, to be… Read More

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Avon & Buxton Beach Nourishment Update – May 26, 2026

Dare County’s contractor, Great Lakes Dredge and Dock Company, has provided an update on the projected arrival date for the dredge that will be tasked with performing beach nourishment in the unincorporated village of Avon, NC. Avon Beach Nourishment: Great Lakes Dredge and Dock Company has reported that the dredge Liberty Island will arrive in… Read More

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Prologis anchors $200M maritime innovation fund

By Todd Maiden Prologis Ventures has committed to co-anchor the launch of TMV Logistics, a new $200 million venture fund dedicated to maritime and logistics innovation and safety. With over $235 billion in assets under management, Prologis (NYSE: PLD) holds a critical position in global trade. Anchoring the TMV Logistics fund will allow the company… Read More

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World’s third biggest shipping line sees Q1 earnings crash

By Stuart Chirls It’s CMA CGM’s turn in the barrel. The world’s third-largest container carrier saw core earnings (EBITDA) plunge to $1.5 billion in the first quarter, down 41.3% from $2.53 billion a year ago, as modest volume growth failed to offset a weak rate environment. Marseilles-based CMA CGM said volumes improved 1.5% y/y to 5.9… Read More

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Crowley Mariners Honored with Gallant Ship Award on National Maritime Day

Crowley mariners who served aboard the U.S.-flagged tanker Stena Immaculate were honored with the U.S. Maritime Administration’s (MARAD) Gallant Ship Award during the U.S. Department of Transportation’s National Maritime Day observance in Washington, D.C. The award, one of the maritime industry’s highest distinctions, recognizes the 23-member crew’s extraordinary professionalism, courage and commitment to safety. The award recognizes the crew’s actions during… Read More

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