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West Marine has appointed Paulee Day as the company’s Chief Executive Officer. A lifelong boater, she has served as West Marine’s Chief Operating Officer and Corporate Secretary since February 2025, is the first woman to serve as CEO of West Marine since the Company was founded in 1968. “I have greatly enjoyed my time at… Read More
Third Quarter 2025 Highlights Revenue of $341.1 million, a 0.2% improvement compared to the third quarter of 2024 Average day rate of $22,798 per day, an improvement of $523 per day, or 2.3%, compared to the third quarter of 2024 Net loss of $0.8 million and Adjusted EBITDA of $137.9 million Net Income and Adjusted… Read More
Le Groupe ALMACO, part of the ALMACO Group, today officially inaugurated its head office in Quebec City, marking a long-term commitment to Canada’s shipbuilding sector under the National Shipbuilding Strategy (NSS). The new office strengthens ALMACO Group’s international collaboration with Davie Shipbuilding (Davie) and coincides with work on the Canadian Coast Guard’s flagship Polar Max… Read More
The global maritime industry is being urged to harness its new higher profile, driven by seismic changes in geopolitics, or risk the vacuum being filled by detractors and negativity. That is a prime message of the second edition of a new book being published by maritime PR firm Polaris Media founder Ben Pinnington. The second… Read More
New Agentic AI Platform and AI Capabilities Help Customers Break Down Data Silos to Unlock Productivity — A Force Multiplier in Solving Real World Customer Problems at Scale LAS VEGAS — Trimble (Nasdaq: TRMB) today gave attendees of its annual user conference, Trimble Dimensions, a firsthand look at artificial intelligence (AI) innovation and the company’s vision for accelerating… Read More
Reality Capture Technology Enhances Project Management Workflows, Enabling Construction Teams to Take Advantage of an AI-powered, 3D Viewer Experience LAS VEGAS — Trimble® has announced ProjectSight 360 Capture, a powerful new functionality that provides comprehensive visibility into site progress through native integrations with 360-degree cameras, Trimble ProjectSight® project management software and the Trimble Connect® collaboration platform. ProjectSight 360 Capture… Read More
Easy-to-use, Construction-specific Job Costing and Financial Tool Helps Contractors Track Costs and Streamline Project and Business Finances LAS VEGAS — Trimble® announced the launch of Trimble Financials™, a new AI-enhanced job costing and financial management software designed specifically for small-business contractors. The new software helps contractors quickly see whether projects and the overall business are profitable. Built-in… Read More
New Cloud-based Solution Automates Critical Mine Workflows to Enhance Decision Making, Productivity and Safety LAS VEGAS — TrimbleⓇ today introduced Trimble Mine Insights, powered by the Strayos AI engine. As the latest integration to the Trimble ConnectⓇ collaboration platform, Mine Insights is a cloud-based mining analytics application that provides AI-powered insights to mining and quarrying professionals for optimizing surveying,… Read More
(NEW YORK) The ABS Board of Directors has elected John McDonald as the new Chairman and Chief Executive Officer of ABS at a board meeting on November 11. In the culmination of a well-planned succession process, McDonald, the serving ABS President and Chief Operating Officer, will take over on January 1, 2026, when present ABS Chairman… Read More
Download PDF Results Reflect Strong Operational Performance Revenue of $7.4 billion YTD Backlog Reaches $17.5 billion HOUSTON — McDermott International, Ltd (“McDermott” or the “Company”) today announced financial results for the third quarter 2025. For the three and nine months ended September 30, 2025, revenue was $2.7 billion and $7.4 billion respectively; adjusted EBITDA was $152 million and $319 million; and cash flow used in operating… Read More
The Bureau of Ocean Energy Management has announced significant progress in efforts to develop offshore critical minerals resources in the Pacific, completing Area Identification offshore American Samoa and launching a public comment period for the Commonwealth of the Northern Mariana Islands. The moves represent the first concrete steps toward commercial leasing of seabed minerals and… Read More
Please join us in congratulating Hillary Franke, our Director of Coastal Operations, on her election to the national Board of Directors of WIMOs (Women in Maritime Operations). WIMOs is an organization dedicated to promoting and supporting women across all areas of the maritime industry, fostering leadership, mentorship, and professional growth. This position is a significant… Read More
By Jack Burke, Senior Editor, Compressor Tech2 Will serve eastern U.S. and Caribbean Accelleron North America has named Dave Otto as territory sales manager, overseeing service sales across the eastern United States and the Caribbean. In his new role, Otto will focus on strengthening customer relationships and supporting operations in the power production, cruise, shipping,… Read More
Last week, we celebrated the grand opening of our new Trades Building — a major investment in the people, operations, and partnerships that power our region’s maritime industry. This 9,000-square-foot facility expands our capacity for hands-on work, equipment training, and continued workforce development. As Chairman and CEO Randall Crutchfield shared, “This new trades building isn’t… Read More
Executive summary Trade flows across India, the Middle East, and Africa continue to show resilience amid a complex policy landscape and shifting global demand. The final quarter of 2025 is marked by stabilized ocean reliability, major customs reforms, and a renewed focus on sustainable inland logistics. India’s accelerated trade negotiations with the EU and the… Read More