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A DredgeWire Exclusive DredgeWire is pleased that Eric Ramírez Barreto of RMZ Marine will be contributing insightful pieces for DredgeWire with his insights on the maritime market. We think you’ll be intrigued by what he has to say. Here is his fourth column. More than 500,000 cubic yards of legacy contaminated sediment are being removed and safely managed as part of New… Read More
HOUSTON, July 1, 2026 /PRNewswire/ — McDermott International, Ltd (“McDermott” or the “Company”) today announced the pricing of USD $550 million aggregate principal amount of 10.5% senior secured first lien bonds due July 2031 in the Nordic market. Net proceeds from the bond issue will be deposited in an escrow account, with final disbursement to McDermott contingent upon… Read More
The CMA CGM Group, a leading global player in sea, land, air and logistics solutions, today announced an agreement to acquire FedEx Supply Chain, a subsidiary of FedEx Corp, at an enterprise value of $1.4 billion. The acquisition, expected to close in 2026, would nearly triple the size of the North American contract logistics operations… Read More
Great Lakes Dredge & Dock (ISIN US3903331032) is a leading U.S. marine contractor specializing in dredging and coastal restoration projects across the country. The company plays a key role in maintaining navigable waterways and supporting port infrastructure that underpins U.S. trade and economic activity. As coastal communities face ongoing erosion and rising sea levels, large-scale… Read More
HONOLULU, Hawaii — Lt. Col. Lamar Cantelou became the 75th commander of the U.S. Army Corps of Engineers, Honolulu District, during a change of command ceremony July 2 at historic Palm Circle, Fort Shafter, Hawaii. Cantelou, who most recently served as a Special Assistant to the Chairman of the Joint Chiefs of Staff, assumed command from… Read More
The Great Lakes Towing Company (the “Company” or “GLT”) today announced that Joe Starck, the Company’s CEO, will retire, effective July 2, 2026. Mr. Starck’s career at Great Lakes Towing spans 35 years, beginning in engineering and project management before advancing to CEO. Throughout his tenure, he has played a pivotal role in shaping the modern face of… Read More
Rocket Lab Corporation RKLB has inked a definitive agreement to acquire Iridium Communications IRDM, creating a vertically integrated space company capable of designing, building, launching and operating satellite constellations on a global scale. IRDM operates top-tier LEO satellite constellations, providing voice, data and PNT services across virtually every corner of the globe. Its network serves more than 2.55 million… Read More
Yoav Saffar, a long-term shareholder who represents approximately 3.5% of the outstanding shares of SEACOR Marine Holdings Inc. (NYSE: SMHI)(SEACOR Marine or the “Company”), today announced that he has delivered a letter to the Company’s Board of Directors urging it to immediately initiate a monetization process of the Company’s fleet aimed at maximizing shareholder value. The… Read More
North American supply chains remain relatively fluid overall, but conditions are becoming more dynamic across key ocean, gateway, and inland corridors. An early, compressed peak shipping season, frontloaded imports, tariff and fuel uncertainty, tightening inland capacity, and regulatory changes are placing greater emphasis on planning discipline, routing flexibility, and execution reliability. Read more in this… Read More
Manson was the low bidder on the Mississippi River, Baton Rouge to Gulf, Southwest Pass Hopper Dredge #1-2026 project for the U.S. Army Corps of Engineers (USACE), New Orleans District. This $26.2 million project will involve dredging the Mississippi River’s Southwest Pass, with potential work in additional areas to be determined by the USACE New… Read More
A powerful new Cutter Suction Dredger is taking shape at our partner C&C Marine in the United States — now entering final commissioning. With over 10 MW of installed power, this custom-built vessel is one of two sister ships and truly unique in its class. MOTAS delivered the complete design, full dredging package, and integrated… Read More
KDJ Group has updated its 2026 dredging bid market results, compiled in detail through Q2 (ending 6/30). Through the second quarter, the US bid market was $1.2 billion, on par with last year (which was a relatively weak market by year’s end). Here’s a comparison: Through Q2 2026 $1,180,000,000 2025 $1,180,000,000 2024 $1,450,000,000 2023 $1,100,000,000… Read More
HOUSTON, June 25, 2026 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”), the largest provider of dredging services in the United States, today announced it has taken delivery of Acadia, a cutting-edge Jones Act-compliant subsea rock installation vessel, from Hanwha Philly Shipyard in Philadelphia, Pennsylvania. The delivery of Acadia marks a significant… Read More
Arcadis, a global leader in intelligence-driven sustainable design, engineering, and consultancy solutions for natural and built assets, shares that Cara Vojdani, communications director for Arcadis’ mobility business, has been appointed to the WTS International (WTSI) Foundation Board of Directors for a two-year term through 2028. As an active member of WTS since 2013, Vojdani has… Read More
A DredgeWire Exclusive DredgeWire is pleased that Eric Ramírez Barreto of RMZ Marine will be contributing insightful pieces for DredgeWire with his insights on the maritime market. We think you’ll be intrigued by what he has to say. Here is his third column. The US Army Corps of Engineers recently awarded a $53 million contract to construct additional restoration features… Read More