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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
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
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
HOUSTON, May 18, 2026 /PRNewswire/ — McDermott International, Ltd (“McDermott” or the “Company”) today announced financial results for the first quarter 2026. For the three months ended March 31, 2026, revenue was $2.4 billion; adjusted EBITDA was $117 million; and cash flow used in operating activities was $126 million. Backlog at quarter end was $17.6 billion. Trailing… Read More
HOUMA, La. – (May 20 2026) – Bollinger Shipyards (“Bollinger”), a leading designer and builder of high-performance military and commercial vessels, today announced the retirement of Rich Murphy as Vice President and General Manager of Bollinger Houma Shipyards and the appointment of Mark Matta Sr. as his successor, effective [date]. Houma Shipyards is one of Bollinger’s… Read More
LOS ANGELES–(BUSINESS WIRE)–Kingswood Capital Management, LP (together with its affiliates, “Kingswood”) is pleased to announce the sale of Lind Marine, a diversified marine services business headquartered in the San Francisco Bay Area, to Tallvine Partners, an infrastructure-focused investment firm based in Miami, Florida. Terms of the transaction were not disclosed. Kingswood acquired Lind Marine in… Read More
ARLINGTON, Va., May 20, 2026 /PRNewswire/ — The members of the American Waterways Operators, the national tugboat, towboat and barge industry association, elected a new slate of leaders last week during the association’s Spring Convention and Annual Membership Meeting. Matt Woodruff, Vice President – Public & Government Affairs, Kirby Corporation, was elected Chairman of the Board of… Read More
PANAMA CITY (AP) — Panamanian President José Raúl Mulino on Thursday announced the appointment of Ilya Espino de Marotta to a seven-year term leading the Panama Canal starting Oct. 1, the first woman to hold that post. The decision followed a weeks-long review process by the Panama Canal Board of Directors, which considered numerous high-profile candidates. Before Thursday’s appointment,… Read More
Nearly 500 maritime and transportation industry leaders gathered Wednesday evening at Chelsea Piers in New York City for the sold-out 32nd International Maritime Hall of Fame Awards. Hosted by the Maritime Association of the Port of New York and New Jersey (MAPONY/NJ), the annual dinner celebrated four distinguished executives whose careers have shaped the future of the… Read More
The parent company of Kansas-based 3PL Noatum Logistics has acquired MBS Logistics, a Germany-based global integrated logistics services provider, for $81 million, saying the deal represents a significant step in its strategy to enhance operational scale, manage larger volumes, and expand its global footprint. Abu Dhabi, UAE-based AD Ports Group said the acquisition entails 100% ownership… Read More
Montreal, May 15, 2026 — The Montreal Port Authority (MPA) today announces the appointment of Mr. Paul Bird as President and Chief Executive Officer, effective June 8, 2026. Mr. Bird most recently served as Chief Commercial Officer of the MPA until March 2026. Mr. Bird’s appointment as President and Chief Executive Officer comes at a… Read More
Manson’s P-224 Causeway, Boat Channel and Turning Basin & P-226 Ammunition Pier project was awarded the Gold-Level John L. Martin Partnering Project of the Year Award by the International Partnering Institute (IPI). This award recognizes teams who distinguish themselves by implementing IPI’s best practices of collaborative partnership that fosters high trust and success on projects… Read More
As part of our #WeAreTheJonesAct series, we’re amplifying voices from across our membership that show the real-world consequences of the Administration’s reckless Jones Act waiver. Following the waiver’s renewal, AWO member McAllister Towing produced this video to share everything domestic maritime does for our economy, military, and nation at large — all made possible by… Read More
PANAMA CITY – The Shipbuilders Council of America (SCA), the national trade association representing the U.S. shipbuilding and repair industry, today announced that Eastern Shipbuilding Group has received SCA’s 2026 “Improvement in Safety” Award for the 2025 calendar year. The annual awards recognize shipyards for their dedication to safety, operational excellence, and accident prevention. Through proactive safety… Read More
WESTMINSTER, Colo., May 19, 2026 — Trimble today announced a collaboration with SkillsUSA to provide industry-leading technology and training to career and technical education (CTE) students across the U.S. By integrating advanced modeling and geospatial tools into classrooms, trade training programs, and state and national competitions, the collaboration aims to help prepare a workforce capable of… Read More