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Categories for Company & People News | Dredge Mining

Master Boat Builders featured on Discovery’s hit series “Dirty Jobs”

AL, United States

As Mike Rowe, host of Discovery’s popular reality series “Dirty Jobs” always says, “it’s a dirty job, but somebody’s got to do it.” And at shipyards, such as Coden, Ala.-based Master Boat Builders, workers are doing just that—an essential dirty job that aids in getting consumer products, vital cargoes, and other commodities from place to… Read More

Maritime Industry New Hires and Promotions

Tung Pham – Hired as Sales Manager Hug Engineering, a Faurecia company

Maryland Heavy Civil & Marine Contractor, McLean Contracting Co. Purchases South Carolina’s Shugart Manufacturing

South Carolina , MD, United States

McLean Contracting Company, a Heavy Civil and Marine Contractor since 1903, announced as of December 30, 2021, McLean has acquired through an Asset Purchase, Shugart Manufacturing. Shugart is engaged in the business of designing and manufacturing sectional barges, barge propulsion units and accessories, screeds, barge ramps, bridge steel, concrete forms, and other miscellaneous equipment and… Read More

Ingram Marine announces leadership change

TN, United States

Nashville, Tenn.-headquartered Ingram Marine Group reports that its chief operating officer John Roberts, will become president and CEO on February 1. He will succeed David O’Loughlin, who is to retire but will stay with the company as vice chair for the remainder of 2022 to assist with the transition. “Dave has been invaluable to our… Read More

HOS to acquire 10 vessels from Chouest

LA, United States

Hornbeck Offshore Services Inc. (HOS) said today that it has entered into definitive vessel purchase agreements with certain affiliates of Edison Chouest Offshore to acquire a total of 10 high-spec new generation offshore supply vessels (OSVs) for an undisclosed amount of cash. Eight of the vessels are U.S.-flagged, Jones Act-qualified, 280 class DP-2 OSVs with… Read More

John Deere to acquire majority ownership in Kreisel Electric

IL, United States

Deere & Company has signed a definitive agreement to acquire majority ownership in Kreisel Electric Inc., a battery technology provider based in Rainbach im Mühlkreis, Austria. Kreisel develops high-density, high-durability electric battery modules and packs. Additionally, Kreisel has developed a charging infrastructure platform (CHIMERO) that utilizes this patented battery technology. Since 2014, Kreisel has been… Read More

Fincantieri begins work in northeast Florida

FL, United States

Fincantieri Marine Repair, a division of Fincantieri Marine Systems North America (FMSNA), welcomed its first commercial customer to Commodores Point in downtown Jacksonville, Fla., last week, marking the start of operations in northeast Florida. FMSNA announced in late November that it was ready to provide repair and maintenance services to military, commercial, and large private… Read More

Lisa Wooninck named superintendent of Monterey Bay National Marine Sanctuary

CA, United States

MONTEREY — NOAA’s Office of National Marine Sanctuaries on Wednesday announced the appointment of Lisa Wooninck as superintendent of Monterey Bay National Marine Sanctuary, according to a news release from the sanctuary. Wooninck, 60, has been with NOAA for 20 years, starting as a research fishery biologist at NOAA Fisheries headquarters and the Santa Cruz… Read More

Great Lakes Dredging Team to offer webinar Feb 9 on best practices for managing turbidity during aquatic placement of dredged material

IL, United States

Great Lakes Dredging Team and Interested Parties, Please join us Feb. 9, 2022 for an informational webinar covering best management practices for addressing turbidity during aquatic placement of dredged material.  We have several excellent speakers from multiple different agencies lined up to discuss this topic.  In addition, to hearing from the speakers, there will be… Read More

Port Milwaukee director details Great Lakes infrastructure and supply chain challenges

WI, United States

The American Society of Civil Engineers says that last year, Wisconsin’s harbors supported some 10,000 jobs and generated more than $1.6 billion for the local economy. We talk with the director of Port Milwaukee about challenges  in the role and where he sees the future of the maritime shipping industry. Host: Kate Archer Kent Guest(s):… Read More

Fairbanks Morse Defense continues on acquisition trail

United States

Beloit, Wis.-based Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has acquired Cincinnati, Ohio-based Federal Equipment Company (FEC). The transaction includes both FEC Military and FEC’s commercial business. FEC Military is a specialist in designing and manufacturing components and systems for the U.S. Navy and U.S. Coast Guard, including cargo elevators, engineered… Read More

The Shearer Group naval architecture firm promotes two

TX, United States

Houston-based naval architecture and marine engineering firm The Shearer Group Inc. (TSGI) reports that it has promoted two members its team. JOSHUA SEBASTIAN Joshua S. Sebastian, P.E., a 13-year veteran of the firm, has been promoted to the position of vice president – operations following eight years as TSGI’s engineering manager. A registered Professional Engineer… Read More

OneWater Marine Inc. Completes Floorplan Financing Expansion

GA, United States

Increases Line of Credit to $500 Million to Support Acquisition Pipeline and Organic Growth BUFORD, Ga., Jan. 04, 2022 (GLOBE NEWSWIRE) — OneWater Marine Inc. (NASDAQ: ONEW) (“OneWater” or the “Company”) today announced it has entered into the Seventh Amended and Restated Inventory Financing Facility (“The Facility”) with Wells Fargo Commercial Distribution Finance LLC, to… Read More

Port of San Diego welcomes Frank Urtasun as newest port commissioner

CA, United States

The Port of San Diego welcomes Frank Urtasun as the newest commissioner to represent the City of Coronado. On January 2, 2022, Commissioner Urtasun was sworn in by Port District Clerk Donna Morales, who administered the oath of office, according to the company’s release. The Port is governed by a seven-member board, of which three… Read More

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