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HOUSTON, Aug. 24, 2022 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announced today the receipt of several major dredging awards totaling $107.0 million. The awarded work includes: Norfolk Harbor Navigation Improvements Project (Capital, Virginia, $56.8 million) Charleston Lower Harbor… Read More
Pangaea Logistics Solutions Ltd. (NASDAQ: PANL), a global provider of comprehensive maritime logistics solutions, announced it has purchased a vessel to add to its operating fleet. The ship was purchased in the second-hand market for USD 17.1 million. The Company will own 25 ships when the new ship is delivered to Pangaea in September or October 2022. Pangaea… Read More
Felicia Olmeta-Schult, a marine and social scientist, is the new coastal hazards specialist with Oregon Sea Grant and the Oregon State University Extension Service. Olmeta-Schult succeeds Patrick Corcoran, who retired in 2020 after 32 years with Sea Grant Extension. Olmeta-Schult previously served as an Oregon Sea Grant-funded Resilience Fellow. In that role, she created the Oregon… Read More
Crowley has awarded cadet Christopher Lloyd from Great Lakes Maritime Academy with a Thomas B. Crowley Sr. Memorial Scholarship for his academic accomplishments and interest in a career in the maritime industry. A senior from Denver, Colorado, Lloyd is pursuing a bachelor’s degree in maritime technology with a U.S. Coast Guard deck license. During his… Read More
Jacksonville Port Authority (Jaxport) has promoted James Bennett to chief operating officer. He moves from his role as senior director of engineering and construction and will use that expertise to oversee projects including a major automotive and container expansion on Blount Island. Bennett joined Jaxport in 2017, coming in to the role he has held for the… Read More
Miguel Hernandez, formerly general manager of sales and marketing at MODEC, has been named senior vice president of offshore business development at ABS. In that role he is leading ABS’s global offshore services business, including in the FPSO, FPU and floating offshore wind sectors. Hernandez has more than 18 years of experience in the oil and gas… Read More
Austal USA welcomes Michelle Kruger as vice president of global services and support. Operating from Austal’s San Diego waterfront services facility, Kruger is responsible for Austal USA’s global post-delivery repair and warranty efforts, including the development of business strategy and strategic alliances. As the primary customer interface for ship repair and maintenance services, Kruger will… Read More
What does “benefits and investing” in your people mean? You’ve probably heard it all, from vacation and health care to fun Fridays and to tell the truth these are all correct, but in today’s environment are those truly engaging and motivating employees? “Benefits” is a term that has undergone subtle change for many years but… Read More
Comprehensive study indicates global shipping rates increased 27 times more than rates in the Caribbean in recent years Today, the Transportation Institute (TI) released a comprehensive study by Ernst & Young (EY) evaluating the Jones Act and its implications on freight rates, container availability, port congestion, and carrier performance in the Caribbean Region relative to… Read More
Governor Larry Hogan today announced a historic agreement to advance a major dredging project at the Port of Salisbury that will provide long-term economic and environmental benefits for the state and the region. “I’m pleased to report that thanks to a unique partnership between government at all levels, we are moving forward with the dredging… Read More
Virgin Voyages (“the Company”), the new lifestyle travel brand focused on delivering irresistible cruise vacations, today announced it has closed on $550 million in new capital raise to support its growth. The funding was led by funds and accounts managed by BlackRock and includes new external financing and additional capital from existing investors including Bain Capital Private… Read More
Crowley has appointed Bob Karl as senior vice president and general manager of the company’s new business unit, Crowley Wind Services. As Crowley elevates the scope of its offerings in wind energy, Karl will lead the company’s wind services team in the strategic development and expansion of services to support the emerging sector. The development… Read More
Your supply chain’s well-being is our top priority. We at Maersk aim to provide you the most relevant and up-to-date information to help you navigate this period of heightened volatility. Key Notes on North American Supply Chains Port labor updates: ILWU/PMA negotiations continue, though a tentative agreement was reached on health benefits. While the contract expired… Read More
After leading a community engaged process, the Port of Portland has selected Mayra Arreola as the new Chief Diversity and Social Impact Officer. Her first day at the Port will be Sept. 12, 2022. Arreola is currently the Director of Resource Management and Operations for the Oregon Department of Education and previously served as the Director of… Read More
HOUSTON, Aug. 18, 2022 (GLOBE NEWSWIRE) — Orion Group Holdings, Inc. (NYSE: ORN), a leading specialty construction company, today announced that Travis Boone has been named President and Chief Executive Officer and member of the Board of Directors, effective September 12, 2022. Austin J. Shanfelter will step down as Interim CEO at that time and… Read More