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HOUSTON, Sept. 21, 2026 /PRNewswire/ — McDermott International, Ltd (“McDermott” or the “Company”) today announced the successful completion of its comprehensive refinancing transaction, including a backstopped $500 million equity financing, a $550 million senior secured Nordic bond issuance and a new long-term letter of credit and guarantee facility. The refinancing builds upon the Company’s strong… Read More
The Halifax Port Authority is pleased to announce the appointments of Richard (Rick) Edwards, John Fitzpatrick, K.C., and Laurie Graham to its Board of Directors for three-year terms. All join the Board as Port User directors, and their appointments took effect September 14, 2026. Mr. Edwards is a marine service industry consultant with more than… Read More
MONTREAL, Sept. 22, 2026 (GLOBE NEWSWIRE) — WSP Global Inc. (TSX: WSP) (“WSP” or the “Corporation”), one of the world’s leading engineering, science and infrastructure solutions firms, today announces, following careful consideration, that it will not pursue a public offer for all of the issued and outstanding shares of Arcadis N.V. (“Arcadis”). WSP remains convinced… Read More
By Santiago Pérez and Costas Paris High bids to use the waterway follow shipping disruptions from the Iran war and extreme weather Large cargo ships have recently paid up to $5 million to pass through the Panama Canal, as the global shipping industry reacts to trade disruptions from the Iran war and extreme weather patterns in the Western… Read More
Crowley and Junior Achievement Americas (JAA) are expanding career opportunities for students in Puerto Rico, helping connect young people with careers in maritime transportation, logistics and supply chain management vital to the island’s economy. The collaboration pairs Crowley’s industry expertise with JAA’s readiness programs, helping students explore career paths, develop workplace skills and understand how… Read More
The U.S. military has been seizing Iranian shadow fleet vessels at the instruction of the Trump administration. But until now, they couldn’t do anything with that seized cargo. Fear not, the prize court system is here to save the day. Prize courts have not really been used in over a century. So, setting them up… Read More
Three marine acquisitions in twelve months. East Coast. West Coast. Gulf. Tallvine Partners just completed the acquisition of substantially all of Crosby Enterprises’ assets out of the Chapter 11 process. Crosby brings more than 150 tugs, dredges and support vessels, plus shipyard and berth facilities in Houma and Port Fourchon. But Crosby is the third… Read More
Exciting Updates on Coastal Projects & Events – Don’t Miss Out! CPRA held its September Board Meeting on Wednesday, September 16 at the Louisiana State Capitol, where Executive Director Michael Hare provided Chairman Gordon “Gordy” Dove and the Board with updates on ongoing coastal projects around the coast, such as Other presentations included updates from… Read More
Meet Steve Cappellino, Senior Director, Regional Growth at Anchor QEA! Steve leads Anchor QEA’s Gulf Coast waterfront restoration and development opportunities, supporting work across five offices throughout Texas. With 36 years of experience, he brings deep expertise in remediation, contaminated sediment management, ecological risk assessment, and Section 203 strategy. For Steve, the most rewarding part… Read More
Anchor QEA’s national leader for Ports and Waterfront, Dinicola brings more than three decades of experience in dredging, ports and harbors, waterfront infrastructure, dredged material management and beneficial use to the role. He has been on WEDA’s executive board for 10 years and was most recently the organization’s vice president. “I am honored to serve… Read More
America’s maritime strength is critical to our economic and national security. At @HudsonInstitute, I discussed how the SHIPS for America Act would help rebuild American shipbuilding and ensure the United States can compete with China. Source
Joe brings more than 18 years of heavy civil construction, engineering and estimating experience, with a background spanning complex infrastructure, bridges, transportation, transit, and water and wastewater projects. His expertise includes preconstruction strategy, estimating, constructability, project planning and risk evaluation. In his new role, Joe will lead preconstruction efforts across both Gunderson and AAC, helping… Read More
MIAMI–(BUSINESS WIRE)–Tallvine Partners (“Tallvine”), an independent investment advisor focused on value-add middle-market infrastructure opportunities, today announced that its North America marine infrastructure platform has completed the acquisition of substantially all assets of Crosby Enterprises, Inc. and certain of its affiliates (collectively, “Crosby”). The acquisition expands the platform’s presence across the U.S. Gulf Coast and inland… Read More
Great Lakes Dredge & Dock Company has announced that the 2026 Buxton beach renourishment project entered its final phase on Wednesday afternoon, (September 16, 2026), as the contractor completed renourishment along the developed Village of Buxton shoreline and shifted operations northward into the Cape Hatteras National Seashore. To date, approximately 1.5 million cubic yards of… Read More
Turn Services, a leading provider of barge fleeting, shifting and towing services along the Lower Mississippi River and Gulf Intracoastal Waterway, announces the completion of its acquisition of St. John Fleeting, LLC and its affiliate companies. For 50 years, St. John Fleeting has been a respected presence on the Lower Mississippi River. The acquisition brings… Read More