Kate Farmer ably reports that “The Navy at 250 Faces New Challenges” (op-ed, Oct. 13). Secretary John Phelan told our colleagues in the House this summer that our programs are “a mess,” “behind schedule and overbudget.” All this while China is strengthening its own capacity: Beijing builds six naval combatant ships for every 1.8 ships we construct. The… Read More
Key Points Great Lakes Dredge & Dock has been given a “Hold (C+)” rating by Weiss Ratings and a similar “hold” rating from Zacks Research, indicating a consensus that the stock is currently not a strong buy. As of the latest trading, GLDD’s stock price reached $11.15 with a year range between $7.51 and $12.89, reflecting a market… Read More
The Board of Directors (the “Board”) of ASL Marine Holdings Ltd. (the “Company”) refers to an incident involving fire that took place in our subsidiary’s (PT ASL Shipyard Indonesia) shipyard, in Batam, Indonesia on 15 October 2025 at or around 4.20 am GMT+7. This involves the tanker mentioned in the Company’s announcement of 25 June… Read More
Robotics expert James Bellingham introduces readers in this new book to the world of contemporary undersea exploration and the vital role autonomous robots play in corporate and governmental aquaculture management, climate data, energy source locations, shipwreck explorations, and much more. Source
By Heiko Osterchrist Houston-based Great Lakes Dredge & Dock (GLDD) held a naming ceremony and christening October 23 at Pier 21 in Galveston, Texas, for the company’s 2nd newest trailing suction hopper dredge, the “Amelia Island”. The event was well attended by GLDD employees, vendors and guests. Special guests and GLDD Leadership attending the naming… Read More