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HOUSTON, Feb. 23, 2026 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (Nasdaq: GLDD), the largest provider of dredging services in the United States, today reported financial results for the fourth quarter and year ended December 31, 2025 and the signing of two international offshore energy contracts. Fourth Quarter… Read More
MIAMI, FL / ACCESS Newswire / February 24, 2026 / Victory Marine Holding, Inc. (OTC:VMHG) (the “Company”) today announced the appointment of William S. Dunn as Chairman of the Board of Directors and Robert J. Groux as Chief Executive Officer, effective immediately. The leadership transition follows the Company’s previously announced ownership change on February 10, 2026, and marks… Read More
HOUSTON–(BUSINESS WIRE)–Michel Bechtel, former mayor of Morgan’s Point, Texas, has been appointed to the Port Commission of the Port of Houston Authority. Bechtel, a respected leader in coastal protection and the energy sector, retired after five terms as mayor of Morgan’s Point. He also previously served on the Board of Pilot Commissioners for the Ports… Read More
By Rihem Akkouche The headline Speyside files for chapter 11 echoed through New York’s construction and materials sector Friday as Speyside Holdings LLC sought bankruptcy protection, listing more than $32 million in liabilities against less than $1.3 million in assets. The filing, lodged in federal bankruptcy court, signals a pivotal moment for the sand and stone supplier whose… Read More
WESTMINSTER, Colo., Feb. 23, 2026 — Trimble today announced Trimble ProjectSightⓇ software, a leading construction project management solution, is now available for certain regions in Europe. The expansion brings a centralized, cloud-based solution to contractors in the UK, Ireland, and the Benelux region, specifically localized to help meet European compliance and workflow requirements. Historically, many companies —… Read More
Greensea IQ, a leader in advanced subsea robotics and autonomy, today announced the first production release of Bayonet Underwater Controller, a multi-platform command and control interface for divers operating robots from submerged and constrained environments. The Bayonet Underwater Controller is based on the standard Greensea user interface used by thousands of maritime systems but is… Read More
PANAMA CITY, FL – Eastern Shipbuilding Group (ESG) announced it has met its safety goal for 2025 and achieved a company best DART rating. The DART rate tracks workplace injuries and illnesses that result in lost work time or restricted duty and is a key measure of workplace safety performance. “Our safety goal for 2025 was… Read More
MALARTIC, QC, Feb. 19, 2026 /CNW/ – ASDR Canada Inc. announces the acquisition of Acadian Dredging Ltd., based in Cocagne, New Brunswick. With over 40 years of experience, Acadian Dredging specializes in marine (port and coastal) and industrial dredging projects throughout the Maritime provinces. This acquisition aligns with ASDR’s ongoing growth strategy and strengthens its positioning in… Read More
An agreement that will reportedly be signed on February 25, at the US Department of Transportation, between ONEX Shipyards and Technologies (which controls the shipyards of Elefsina and Syros), and South Korean Hanwha Power Systems, is part of the US strategic plan to rebuild and strengthen its domestic shipbuilding and maritime industry. The South Korean… Read More
DredgeWire Intro: Former US naval officer Todd Young, now a US senator from Indiana, has long championed American naval and shipbuilding strength. In this important new essay, Senator Young again makes the case for rebuilding and maintaining America’s maritime prowess. By Todd Young In June of 1775, militiamen flocked from New England’s colonies to Breed’s… Read More
BROWNSVILLE, Texas (Thursday, February 19, 2026) — Recently, there has been public discussion regarding a potential high-tech shipyard project under development at the Port of Brownsville. While confidentiality agreements prevent the release of specific details, we can confirm that Port of Brownsville leadership is spearheading this effort. This initiative is being advanced strategically and in… Read More
Two-year sponsorship supports student innovation in sustainable engineering for underserved communities WESTMINSTER, Colo., Feb. 18, 2026 — Trimble recently announced a two-year sponsorship of the Engineering for People Design Challenge, led by Engineers Without Borders UK in collaboration with Engineers Without Borders South Africa. The competition challenges university students to design engineering solutions that address the… Read More
Arlington, VA, February 18, 2026 – The American Chemistry Council (ACC) and the American Waterways Operators (AWO) today announced the renewal of a Memorandum of Agreement (MOA) that reaffirms a shared commitment between the chemical industry and the U.S. tugboat, towboat, and barge industry to enhance safety, environmental protection, and security through Responsible Care® and… Read More
Hanwha Ocean and Ontario Shipyards have signed a strategic Memorandum of Understanding (MOU) to accelerate the return of large-scale shipbuilding in Ontario and to strengthen Canada’s ability to deliver future naval programs. In parallel, Hanwha Ocean, Ontario Shipyards and Mohawk College have entered into a Letter of Intent (LOI) to establish an embedded shipbuilding training… Read More
Robust demand for engineering, procurement and construction work in oil and gas industry expected for next several years, McDermott chief executive Michael McKelvy tells Upstream in an exclusive interview The oil and gas industry’s engineering, procurement and construction sector is set for robust demand over the next few years, despite short term challenges, according to… Read More