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HOUSTON and SEATTLE, March 18, 2026 (GLOBE NEWSWIRE) — Saltchuk Resources, Inc. (the “Offeror”) and Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) (the “Company”) announced that the Offeror has commenced a cash tender offer (the “Tender Offer”) for any and all of the Company’s 5.25% Senior Notes due 2029 (the “Notes”). In conjunction with the… Read More
Los Angeles startup Arc Boat Company wants to expand its nascent commercial business and even sell electric propulsion systems to defense contractors, in an attempt to fulfill founder Mitch Lee’s desire to “electrify everything on the water.” To do that, Arc has raised $50 million in a Series C funding round from Eclipse, a16z, Menlo Ventures, Lowercarbon… Read More
Great Lakes Dredge & Dock Corporation reported that David J. Johanson, Senior Vice President, Project Acquisition and Operations, will retire effective March 27, 2026. He has held a key leadership role overseeing project acquisition and operations for the company. The company and Mr. Johanson are expected to enter into a retirement agreement under which he will receive… Read More
By Lesley Stahl, Aliza Chasan, Shachar Bar-On, Jinsol Jung With the U.S. military on high alert amid the Iran war, there’s a national security crisis closer to home: the state of the American shipbuilding industry. The nation’s naval shipbuilding program is bloated and slow, and commercial shipbuilding is near non-existent. Hanwha, which owns one of the only U.S. shipyards still… Read More
A DredgeWire Exclusive At the ceremonial christening of the TSHD Frederick Paupon the banks of the Mississippi River in New Orleans on March 21, 2026, William Doyle, CEO of the Dredging Contractors of America, delivered the invocation and emphasized the enduring stability and predictability of the Jones Act as a foundation for U.S. maritime investment…. Read More
Two all-electric CBG 500 E transshipment cranes are mounted on next-generation barges and deliver high-capacity bulk handling with zero local exhaust emissions for operations along the Mississippi River Associated Terminals is a leading U.S. operator on the Lower Mississippi River and is recognised for pioneering sustainable cargo solutions and advanced transshipment infrastructure The christening event… Read More
More than 100 people gathered at Baltimore’s Harborplace on Saturday afternoon to appear in a music video for Mr. Trash Wheel. Jonathan Jensen of the Baltimore Symphony Orchestra first wrote and performed the song, titled “The Hero of the Harbor,” in 2021 as an ode to the group of anthropomorphic waste-collecting water wheels scattered around Baltimore’s… Read More
By Dr.G.R.Balakrishnan The new build is designed to accelerate production for current projects while opening the door to expanded participation in government work-related marine new construction. Pipe spools—prefabricated sections of piping assembled in a controlled shop environment—are widely used to improve precision, quality control, and schedule performance versus field fabrication. The new C&C spool shop… Read More
Houma, LA, March 19, 2026 — The Chouest Group announced the acquisition of Champagne Energy Solutions (CES), previously known as Champagne Energy & Environmental Services (CEES), a leading provider of offshore decommissioning, plug & abandonment (P&A), and environmental services in the Gulf of America. This transaction marks the first acquisition in the Chouest Group’s focused expansion… Read More
BRIDGEPORT, Conn., March 19, 2026 /PRNewswire/ — Hornblower Group today announced the expansion of its industry-leading facilities and extensive offerings on the historic Bridgeport waterfront, building on the firm’s continued maritime success and commitment to the region while growing from 1 acre to 17 acres with equipment and crew offering services across vessel classes and specializations, now including yachts… Read More
Nicole Kach joined the PNWA team as Government Relations Specialist in March 2026. She brings experience in federal policy, legislative research, and strategic communications, most recently serving as a Legislative Assistant with the National Waterways Conference, where she tracked appropriations and water resources policy and supported stakeholder outreach. She also served as a Communications &… Read More
This outstanding offshore oceanographic science vessel for the Canadian Coast Guard (CCG) represents the largest dedicated science vessel in the CCG fleet and the first in its class. Built by Seaspan Shipyards in Canada to a Vard Marine design, the vessel features Polar Class 6 ice capability, enabling safe transit through marginal Arctic zones without sacrificing speed… Read More
WESTMINSTER, Colo., March 18, 2026 — Trimble and Hitachi Construction Machinery (Europe) NV (HCME) today announced an expanded collaboration that will bring Trimble® Earthworks 3D grade control platform and Trimble WorksManager software directly to European customers through HCME’s dealer network. This marks the first time Hitachi excavators can be ordered from HCME equipped with full Trimble… Read More
The American Waterways Operators, the national trade association of the American tugboat, towboat and barge industry, today released the following statement on the Trump Administration’s announcement of its decision to issue a 60-day waiver of the Jones Act: “The Jones Act is fundamental to America’s supply chain reliability and national security, and this broad 60-day… Read More
The employees in the Ørsted Group have selected their employee-elected members to the Board of Directors of Ørsted A/S. The following employees were elected as employee-elected board members for the next four years: Benny Gøbel, Senior Mechanical Specialist, Generation (re-elected). Pawel Matysiak, Solutions Manager, Finance & Digital Technology (re-elected). Ruchit Majmudar, Lead Venture Manager, Commercial…. Read More