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Categories for Company & People News | Dredge Mining

McDermott Announces First Quarter 2026 Results

TX, United States

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

Bollinger Shipyards Names Mark Matta Sr. to Succeed Retiring Houma GM Rich Murphy

LA, United States

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

Kingswood Capital Management Announces Sale of Lind Marine to Tallvine Partners

CA, United States

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

American Waterways Operators Elects Matt Woodruff of Kirby Corporation as Chairman

VA, United States

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

A veteran Panama Canal engineer becomes first woman to lead the interoceanic waterway

Panama

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

International Maritime Hall of Fame Awards Honor Industry Leaders

NY, United States

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

Noatum Logistics’ parent company acquires German 3PL for $81 million

KS, United States

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

The Montreal Port Authority Announces the Appointment of Paul Bird as Chief Executive Officer

Canada

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 Project Earns Gold-Level IPI Award for Collaborative Anaheim Bay Infrastructure Development

WA, United States

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

#WeAreTheJonesAct — The People Behind America’s Waterways

United States

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

Eastern Shipbuilding Group Receives Shipbuilders Council Annual 2026 Improvement in Safety Award

FL, United States

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

Trimble Empowers Future Skilled Workforce Through National SkillsUSA Sponsorship

CO, United States

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

CPRA’s West Grand Terre Project with Weeks Marine Named 2026 ASBPA Best Restored Beach

LA, United States

BATON ROUGE, La. — The Louisiana Coastal Protection and Restoration Authority (CPRA) announced today that the American Shore and Beach Preservation Association (ASBPA) has selected the West Grand Terre Beach Nourishment and Shoreline Stabilization Project as a recipient of its 2026 Best Restored Beach Award, recognizing the project’s outstanding contributions to coastal restoration, ecosystem protection,… Read More

Chamber of Shipping of America Honors Crowley Crews and Vessels for Maritime Safety Performance and Lifesaving Actions

FL, United States

The Chamber of Shipping of America has recognized 48 Crowley-owned or -managed vessels with 2026 Jones F. Devlin Safety Awards for achieving a combined 427 years of service without a lost-time injury. The Jones F. Devlin Safety Award recognizes merchant vessels that operate for at least two consecutive years without a crew member experiencing a… Read More

West Marine files for bankruptcy

United States

On May 17, 2026, marine retailer West Marine filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the District of Delaware. The company issued a statement noting how their 200 retail locations will remain open during the restructuring. According to the Business Industry, West Marine’s largest unsecured creditor is Garmin International, listed as having an… Read More

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