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First quarter net income of $8.8 million First quarter adjusted EBITDA of $26.8 million First quarter awards of $90.3 million resulting in 42% bid market share HOUSTON, May 04, 2021 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (Nasdaq:GLDD), the largest provider of dredging services in the United States, today reported financial results for… Read More
Everett Reed – Promoted to Operations Manager at Great Lakes Dredge & Dock Company, LLC Joan de Vletter – Hired as Deputy Project Manager at Hill International Inc. Jelle Grijpstra – Promoted to Sales Director @ C-Job Naval Architects Michael Schonauer, MBA – Hired as Key Account Manager – Marine at Altra Motion
Inland Marine Service is pleased to announce its recent hire of Capt. Ed Henleben, who will join the IMS team as Vice President of Operations. The announcement was made today by Cathy Hammond, CEO of Inland Marine Service. Capt. Henleben will be based out of the St. Louis office, where he will have primary responsibility… Read More
J.E. McAmis dredge crews and land crews worked together this morning to get the barge landing facility at the MCR South Jetty ready to receive the first barge load of rock for 2021. The first barge load of jetty stone will be arriving this Sunday. #jemcamis #jmlllc #usaceportlanddistrict #mcrsouthjetty #MOLF Source
Orion Marine Group (NYSE: ORN) reported Q1 EPS of $0.04, $0.02 better than the analyst estimate of $0.02. Revenue for the quarter came in at $153.3 million versus the consensus estimate of $155.1 million. First Quarter 2021 Highlights: Operating income was $2.1 million for the first quarter of 2021 compared to operating income of $4.4… Read More
ITC Global joins the Marlink Group, strengthening its leading position as provider of smart network solutions on land and at sea Oslo/Paris/Houston TX, 03 May 2021: On Friday April 30, Marlink Group, the leading provider of smart network solutions, closed the transaction of acquiring ITC Global, strengthening its position as the global leader in business-critical… Read More
America’s largest tank barge operator, Houston-headquartered Kirby Corporation (NYSE: KEX) today announced a net loss for the first quarter ended March 31, 2021, of $3.4 million, or ($0.06) per share, compared with a loss of $347.2 million or $5.80 per share for the 2020 first quarter. Excluding one-time items in the 2020 first quarter, net… Read More
Michael Beton – Promoted as Manager, R&D and Production Engineering at Great Lakes Dredge & Dock Company, LLC Nikos Psomas, MSc – Hired as Director Global Business Development at Technonaval
HOUSTON–(BUSINESS WIRE)–Apr. 28, 2021– Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today reported net income of $0.9 million ($0.03 diluted earnings per share) for the first quarter ended March 31, 2021. First Quarter 2021 Highlights Operating income was $2.1 million for the first quarter of 2021 compared to operating… Read More
EMERALD ISLE — After almost exactly three months, the 9.4-mile-long Emerald Isle beach nourishment projected ended early Monday morning, with the exception of planting vegetation on new dunes, which is set to commence next week. The Liberty Island, one of two Great Lakes Dredge and Dock Co. vessels working on the project, delivered its last… Read More
A DredgeWire exclusive DredgeWire Publisher Peter Bowe and Associate Publisher Heiko Osterchrist just sat down (virtually) with the founders of the new maritime services company Proxima Innovation, Rafael Habib and Rafael Vorcaro, to hear their story. Here’s their very first exposure to the maritime community. Peter: How would you describe your new business to someone… Read More
Gerrit Kamerman – Gerrit Kamerman, now Commercial a Technical Director at VOSTA LMG. Gerrit Was previously with Vosta for over a decade and has now returned after twelve years with other companies including Royal IHC and HollandMT Wasantha Karunaratne – Hired as Maritime Work Superintendent at Damen Marine Components noe flores – Promoted to Dredge… Read More
WASHINGTON – Today, the U.S. Department of Transportation’s Maritime Administration (MARAD) announced $19.6 million in grant awards to 31 small shipyards in 15 states through the Small Shipyard Grant Program. The funds will help awardees modernize, increase productivity, and expand local employment opportunities while competing in the global marketplace. Since 2008, MARAD’s Small Shipyard Grant Program has awarded $262.5… Read More
Morgan City, LA: Conrad Shipyard hosted a Keel Laying Ceremony for Great Lakes Dredge & Dock Company (GLDD) at its Deepwater shipyard in Amelia, Louisiana. The keel is for a 6,500 cubic yard Trailing Suction Hopper Dredge. Delivery is scheduled before the end of Q1 in 2023. Addressing an audience of Conrad and GLDD executives,… Read More
Louisiana Green Fuels, a subsidiary of Strategic Biofuels LLC, plans to develop a renewable diesel plant in Caldwell Parish. Located on a 171-acre site at the Port of Columbia, the plant would produce up to 32 million gallons of renewable fuel annually through established refinery processes with wood waste as the feedstock, a news release… Read More