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Categories for Company & People News | Dredge Mining

Ørsted updates investors on the company’s exposure to gas contract with Gazprom Export

Denmark

Ørsted condemns the Russian invasion of Ukraine and has already taken several steps to stop its cooperation with Russian companies. Ørsted has ceased all sourcing of biomass and coal from Russia for its power stations, Ørsted will not enter into new contracts with Russian companies, and Ørsted has made sure that none of Ørsted’s direct… Read More

HII announces Labor Contract Agreement with United Steelworkers at Newport News Shipbuilding

VA, United States

NEWPORT NEWS, Va., March 08, 2022 — Global engineering and defense technologies provider HII (NYSE:HII) was notified today that United Steelworker members at the company’s Newport News Shipbuilding division voted in favor of a new labor contract. The new contract took effect Monday and will run through Feb. 7, 2027. “We worked diligently with our… Read More

Lineage Logistics Acquires MTC Logistics

United States

~ Acquisition adds four cold storage facilities along the U.S. East and Gulf Coasts, including nearly 38M cubic feet and over 113,000 pallet positions ~ NOVI, Mich. & BALTIMORE–(BUSINESS WIRE)–Lineage Logistics, LLC (“Lineage” or the “Company”), the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, today announced that it has acquired… Read More

Wärtsilä opens Expertise Centre to serve North American energy customers with remote support

TX, United States

The technology group Wärtsilä announces the opening of its new Expertise Centre in Houston, Texas. The new Houston Expertise Centre will deliver remote support to its U.S. and Canadian energy sector customers, thereby enhancing the company’s ability to grow its service business. The Expertise Centre will act as a central operational hub by integrating all… Read More

Equinor and bp Sign Agreement to Transform South Brooklyn Marine Terminal Into Central Hub for Offshore Wind Industry

NY, United States

NEW YORK–(BUSINESS WIRE)–Equinor, and its partner bp, today announced an agreement to turn the storied South Brooklyn Marine Terminal (SBMT) complex in Brooklyn, New York into a major regional hub for offshore wind. Under the agreement, the terminal will transform into a world-class offshore wind port capable of staging and assembling the largest, most sophisticated… Read More

Eastern Shipbuilding Group fire brigade units help local firefighters battling wildfires

FL, United States

PANAMA CITY, Fla. (WJHG/WECP) – Firefighters from near and far are fighting wildfires in Bay County, including a brigade from Eastern Shipbuilding Group. Eastern Shipbuilding President Joey D’Isernia sent out a message Monday morning saying the company had been contacted over the weekend to help local fire departments with the wildfires. He says Saturday the… Read More

Orion Files its 2021 10-K SEC Annual Report

TX, United States

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Buono to retire as USMMA superintendent

United States

Superintendent of the U.S. Merchant Marine Academy, Kings Point, N.Y., Vice Adm. Jack Buono announced his retirement yesterday, after a maritime career that has spanned more than 45 years. Buono arrived at the USMMA in November 2018, after retiring as the president and CEO of SeaRiver Maritime Inc., an ExxonMobil marine subsidiary headquartered in Houston,… Read More

Wind power developer Ørsted puts out welcome mat for Delaware businesses

DE, United States

Ørsted is inviting  Delaware businesses to register on its online procurement portal, www.orstedprocurement.com, to take advantage of business opportunities in wind power. Ørsted’s procurement portal is the first of several actions Ørsted will take this year to enable Delaware businesses to benefit from the substantial economic promise of this new industry. Ørsted is moving forward… Read More

Maersk’s Vincent Clerc at JOC TPM22 event – “In an unpredictable world, supply chain resilience is king.”

CA, United States

“Be prepared for one constant: Change. Change is here to stay. Resiliency is key,” cited Vincent Clerc as he pointed to the global pandemic as an accelerator for the Maersk journey towards the integrator of container logistics. Long Beach, California USA – A.P. Moller – Maersk (Maersk) CEO of Ocean & Logistics, Vincent Clerc spoke… Read More

Orion Marine Group Reports Fourth Quarter and Full Year 2021 Results; Net loss was $8.8 million for Q4/ 2021 compared to net income of $3.7 million for Q4/2021

TX, United States

HOUSTON–(BUSINESS WIRE)–Mar. 2, 2022– Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today reported a net loss of $8.8 million ($0.29 diluted loss per share) for the fourth quarter ended December 31, 2021. Fourth quarter highlights are discussed below. For full year results please refer to the financial statements starting… Read More

ABS: Offshore Wind Could Power the Hydrogen Economy

United States

Offshore wind farms have the potential to become future production hubs for green hydrogen, a development that could be accelerated by the maritime industry embracing the clean fuel due to declining prices, the American Bureau of Shipping (ABS) has said. In a new whitepaper, the classification body says that incorporating the production of green hydrogen… Read More

DSC Dredge – 2021: A Challenging Year Full of Blessings and Success

LA, United States

RESERVE, LOUISIANA – 2021 has been a formidable year for us all. In a year where everyone was eager to put COVID-19 in their rearview mirror and looked forward to returning to normal from lockdowns, and global turmoil, the reality was anything but. As a company that provides a public service directly connected to the nation’s infrastructure, DSC Dredge’s staff was quickly identified as an “essential” workforce. In Uncle Ben’s words… Read More

Bordelon Marine names Trenton Pitre director of operations

LA, United States

Offshore support and subsea services provider Bordelon Marine, Lockport, La., has promoted Trenton Pitre, an industry veteran with over 10 years experience has been promoted to director of operations. Pitre has served in Bordelon Marine’s operations department for the past seven years, most recently, as senior operations manager. Prior to joining Bordelon, Pitre had previous… Read More

Arctic Canadian Diamond Company and IHC Mining jointly developing innovative Underwater Remote Mining system

Canada

Arctic Canadian Diamond Company (“Arctic”) and IHC Mining have reached an important milestone in the development of an underwater remote mining (URM) system for the extraction of diamondbearing kimberlite ore from deep open pits at the Ekati Diamond Mine in the Northwest Territories of Canada. The URM system consists of a floating platform, an underwater… Read More

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