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Orion Group Holdings, Inc. (NYSE: ORN; NYSE TX: ORN) (the “Company” or “Orion”), a leading specialty construction company, today reported its financial results for the third quarter ended September 30, 2026. Highlights for the quarter ended September 30, 2026 Revenue of $256.2 million, GAAP net income of $5.5 million, or $0.14 per diluted share, Adjusted… Read More
Two great men and friends in the dredging and marine construction world. Dick Weeks, pictured on the right, and his son Rich Weeks, on the left. Together, they helped build a great company in Weeks Marine and a lasting legacy in our industry. This past weekend, Rich’s family and friends gathered to celebrate his life… Read More
By Lewis Coats Maybe it needs to make better use of the ones it already has. 🚢 Last week, I posted about the big players in US shipbuilding, including Hanwha Philly Shipyard, Saronic Technologies and Anduril Industries, and the huge investments being made across the industry. The response was brilliant, and the discussion in the… Read More
Hanwha Defense USA (HDUSA) announced it is acquiring a controlling stake in Hanwha Philly Shipyard, bringing the shipyard under HDUSA’s leadership and governance structure and strengthening its presence in the U.S. shipbuilding and defense market. The announcement follows HDUSA establishing a presence at the shipyard earlier this year to transition it into a dual-use yard… Read More
Trailer Bridge, Inc., an asset-based transportation provider, announced today the appointment of Charles Gittens as Chief Executive Officer, effective November 2, 2026. Gittens brings more than 30 years of experience in transportation and logistics, with extensive leadership in ocean transportation, commercial strategy and business operations throughout the Caribbean. Most recently, Gittens served as President of… Read More
VANCOUVER, British Columbia, Oct. 22, 2026 (GLOBE NEWSWIRE) — DP World has inaugurated its CAD$22 million Salish Sea Gateway, British Columbia’s first dedicated short-sea shipping facility, designed to strengthen trade connectivity between Vancouver Island and British Columbia’s Lower Mainland. The purpose-built facility connects Vancouver Island and the Lower Mainland through a dedicated marine shipping corridor,… Read More
The Chouest Group and the founders of Horizon Maritime Services (Horizon Maritime) are announcing a strategic partnership, including the acquisition of Horizon Maritime, a leading Canadian-based provider of harsh-environment marine and offshore services, from CFFI and its lender HPS. This transaction marks a significant expansion of Horizon Maritime’s capabilities and increases the Chouest Group’s global… Read More
DredgeWire is extremely pleased to report that it has hit a new milestone with 25,000 followers on LinkedIn, placing it at the top of all maritime publications worldwide. DredgeWire has achieved this milestone in less than a decade, competing against established, entrenched publications by innovating and responding to current trends in technology, news gathering, and… Read More
Kitsap County’s community-centered regional stormwater solution, designed by Osborn Consulting, was awarded Innovative Stormwater Project of the Year during the PNCW2026 conference for protecting Puget Sound while honoring the needs and character of downtown Suquamish. As the project’s prime consultant, Osborn provided project management, stormwater engineering, landscape architecture, urban design, technical review, CADD production, and… Read More
By Eric Ramírez Barreto The US Army Corps of Engineers is moving away from buying dredging one district at a time. On Oct. 16, the Army Corps announced its Enterprise Dredging Delivery Center. The plan is to manage roughly 190 dredging contract actions a year as one national program instead of a stack of largely… Read More
Document Crunch, a Trimble company, today announced new project-level risk intelligence capabilities that allows contractors to review construction drawings alongside contracts, specifications and other documents. Leveraging CrunchAI™ technology, project teams can now search and query across full document sets simultaneously to identify scope gaps, conflicting requirements and potential risks. “Construction teams work across hundreds of… Read More
Metric Marine, a U.S. provider of precision tools and supplies for the maritime industry, has acquired First Choice Marine Supply, a provider of marine electrical solutions, also from the U.S. Metric Marine plans to bring the two operations together over the coming months, while retaining First Choice’s brand, team and facilities and integrating their operations… Read More
Wildcat Defense, part of Wildcat Equity Partners, an American-owned family office led by Eric Nicolaides, has signed an exclusive agreement with the owners of Fraser Industries to buy Fraser Industries in Superior, Wisconsin, parent company to Fraser Shipyards LLC, Lake Assault Boats LLC, Northern Engineering LLC and Fraser Terminal LLC. An in-person announcement took place… Read More
Congratulations to Soo Gilvarry on being named as JAXPORT’s Chair. At its recent meeting, the JAXPORT Board also selected the following officers: ⚓ Vice Chair: Tom Slater ⚓ Treasurer: Patrick Kilbane ⚓ Secretary: Charles Spencer Additional board members include J. Palmer Clarkson (Immediate Past Chair), Wendy Hamilton and Daniel Bean. The seven-member Board provides policy… Read More
The Los Angeles City Council has approved the appointment of Michael ‘Mickey’ Chavez to the Los Angeles Harbor Commission. Nominated by Los Angeles Mayor Karen Bass, Chavez is a long-time labor leader and member of the International Longshore and Warehouse Union (ILWU). He succeeds departing Harbor Commissioner Edward Renwick. “With more than 25 years of… Read More