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Federal funding was a major focus in Washington, D.C. this month with the release of the FY2026 U.S. Army Corps of Engineers’ (Corps) Work Plan and the President’s Budget for FY2027. Final Appropriations in FY2026 for the U.S. Army Corps of Engineers On April 7th, the Administration released the FY2026 Corps’ Work Plan identifying final… Read More
Crosscurrents is an unofficial publication authorized under the provisions of AR 360-1. It is published quarterly for U.S. Army Corps of Engineers, St. Paul District. Views and opinions expressed are not necessarily those of the Department of the Army or the U.S. Army Corps of Engineers. Articles and photography submissions are welcome. Submissions may be… Read More
Results Reflect Strong Operational Performance and Outperformance of 2025 Guidance Revenue of $10.0 billion for the year Backlog Reaches $18.2 billion HOUSTON, April 7, 2026 /PRNewswire/ — McDermott International, Ltd (“McDermott” or the “Company”) today announced financial results for the fourth quarter and full year 2025. For the three and twelve months ended December 31, 2025, revenue… Read More
Arcadis has announced the next phase of its AI for Water Innovation Challenge, an organization-wide applied innovation program that pairs internally crowd-sourced AI ideas with real challenges faced by utilities, regulators, and public agencies. Selected concepts are advanced through seed-funded pilots in partnership with clients. As part of this next phase, Arcadis has begun progressing… Read More
The Greater Houston Port Bureau (“Port Bureau”) Board of Directors has announced the promotion of Corrina Ott to vice president, effective April 1. Ott joined the Port Bureau in April 2025 and has been responsible for managing the Port Bureau’s Efficiency and Dredging committee’s as well as maintaining the Port Bureau’s links with industry and… Read More
By Madeline Berg and Dan Latu Coastal Restoration/ Preservation Fight “In January, someone apparently slashed a 947-foot-long structure of sand-filled geotubes, designed to slow erosion of scenic Sconset Bluff. The damage to the project—on which homeowners spent about $18 million, and could cost another $2 million to repair—has inflamed a battle between people trying to save expensive summer homes teetering on… Read More
We’re expanding our presence in the Pacific Northwest! We have a new office in Vancouver, Washington. This new space supports our growing team and capabilities in the region, giving us a strong base to collaborate, serve our clients, and keep building momentum. 201 NE Park Plaza Dr., Suite 246 Vancouver, WA 98684 This is an… Read More
WESTMINSTER, Colo., April 2, 2026 /PRNewswire/ — Trimble (Nasdaq: TRMB) announced today it has signed an agreement to acquire Document Crunch, a leader in construction-specific AI document analysis and risk management across the project lifecycle. The acquisition will allow Trimble to incorporate document intelligence and compliance automation across the Trimble® Construction ecosystem, enhancing existing workflows in project management and construction… Read More
MORGAN CITY, La., March 31, 2026 /PRNewswire/ — Conrad Industries, Inc. (OTCID: CNRD) today announced its 2025 results and backlog. For the quarter ended December 31, 2025, Conrad had net income of $4.7 million and earnings per diluted share of $0.94 compared to net loss of $14,000 and earnings per diluted share of $0.00 during the fourth… Read More
SEATTLE and HOUSTON, April 01, 2026 (GLOBE NEWSWIRE) — Saltchuk Resources, Inc. (the “Offeror”) and Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) (the “Company”) today announced the results to date of the Offeror’s previously-announced cash tender offer (the “Tender Offer”) for any and all of the Company’s outstanding 5.25% Senior Notes due 2029 (the “Notes”),… Read More
Flashback to May 2024, when Manson’s project team had a surprise visit at the P-454 Multi-Mission Dry Dock Test Pile Program project in Bremerton, WA. The “Seal Team” monitored work activities, barked out unsolicited comments, and set “seal” late in the day. Source
The Port of Portland selected Alissa Mahar as the new Chief Financial Officer (CFO). Her first day in the role will be April 14, 2026. Most recently, Mahar served as Chief Financial Officer and Vice President for Business & Finance at Seattle Pacific University. She led institutional financial strategy, multi-year forecasting, long-range capital planning, and… Read More
By Twinkle Jha Swiftships, LLC has filed for Chapter 11 bankruptcy. The Morgan City, Louisiana-based shipbuilder is restructuring its finances while continuing operations under court supervision. The company filed a voluntary Chapter 11 petition on March 18, 2026. Case details are available on PACER. Proceedings are taking place in the U.S. Bankruptcy Court for the Western District… Read More
By Gareth havelock Suderman and Young Towing Company (S&Y) will expand its tug operations to the Port of Brownsville and Port Isabel in Texas, beginning service on Thursday, April 9. S&Y said this expansion will reinforce the company’s commitment to delivering reliable, high-quality marine support to customers calling the US Gulf Coast and further strengthens… Read More
SEATTLE and HOUSTON, April 01, 2026 (GLOBE NEWSWIRE) — Saltchuk Resources, Inc. (“Saltchuk”) today welcomed Great Lakes Dredge & Dock Corporation (“Great Lakes”) as its newest wholly owned subsidiary. The transaction closed this morning for a purchase price of $17.00 per share in cash, and an enterprise value of approximately $1.5 billion. “We’re proud to… Read More