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The United States is trying to reduce its reliance on fossil fuels in order to meet its climate goals under the Paris climate agreement. A major contributor to U.S. greenhouse gas emissions is the energy sector, which accounts for about 25% of total emissions. The Biden administration wants to significantly reduce this figure and is pushing… Read More
WaterIQ Technologies™, the leader in next-generation ultrasonic solutions to combat harmful algae and biofilm without the use of chemicals, today announced the appointment of Tom Bundick as Vice President of its Process Water Division. Bundick has a strong background in industrial and municipal wastewater and water treatment solutions. He will play a key role in… Read More
State of New Jersey Common Pension Fund D bought a new stake in shares of Great Lakes Dredge & Dock Co. (NASDAQ:GLDD – Get Rating) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund bought 237,417 shares of the construction company’s stock, valued at approximately $1,800,000. Other institutional… Read More
The Georgia Ports Authority (GPA) has named Flavio Batista as its new Vice President of Sales and Marketing. In his new position at GPA, he will direct international marketing, business development, and the sales effort toward beneficial cargo owners. “His depth of knowledge and the energy he brings to this new position will continue and… Read More
Cynda Maxon has joined TDI-Brooks as a senior environmental scientist, broadening the company’s environmental capabilities and services. She has more than 30 years of experience as a program manager, environmental chemist, field supervisor, and risk assessor encompassing a wide range of offshore and coastal projects throughout the world. She has a thorough understanding of environmental… Read More
Charger Investment Partners announced today it has partnered with management to complete the acquisition of CMI Limited Co., LLC, a leading designer and manufacturer of innovative, engineered products for shoreline preservation and marine access. Financial terms of the transaction were not disclosed. Founded in 1988 and headquartered in Woodstock, GA, CMI provides sustainable solutions for… Read More
Bruce Bradshaw – Promoted as Hydraulic Divison Dredge Manager at Great Lakes Dredge & Dock Company, LLC
The drama following the collapse of the planned tanker mega merger of Euronav and John Fredriksen’s Frontline continues. On Monday, the Saverys family demanded that Euronav call a special general meeting with an agenda proposing that the entire Euronav supervisory board be replaced by a slate of Saverys nominees. Today, Euronav said that on January 17 it… Read More
Bristol Harbor Group, Inc. (BHGI), Bristol, R.I., has promoted two key members of the firm’s team, Ian M. Lawson, P.E. and Teri L. LaForest, P.E., to senior naval architects on earning their professional engineer licenses in Rhode Island. Lawson has been with BHGI for over five years, during which he has filled both engineering and… Read More
ABS hosted U.S. Representative Dan Crenshaw (TX-2) at its global headquarters in Spring, TX where he toured facilities and met with employees to learn more about the integral role of ABS in the global maritime industry. “We are pleased to welcome Congressman Crenshaw to our global headquarters to discuss the important work ABS does to… Read More
Gov. Phil Murphy will nominate two of his top staffers, George Helmy and Joe Kelley, and Elizabeth Mayor Christian Bollwage, to serve as commissioners of the Port Authority of New York and New Jersey, the New Jersey Globe has learned. Helmy is Murphy’s chief of staff and Kelly is his deputy chief of staff for… Read More
OSM Maritime Group and Thome Group have agreed to a merger of the two companies. By joining forces, the companies will be building an even stronger platform on which they will continue to deliver world-class ship management services to their customers and continue to improve. The combined company will be named OSM Thome. “By joining… Read More
Ørsted has signed an agreement to acquire Public Service Enterprise Group’s (PSEG) 25 % equity stake in the 1,100 MW offshore wind energy project Ocean Wind 1 located approx. 24 km off the coast of southern New Jersey in the US. The acquisition provides Ørsted with 100 % ownership of Ocean Wind 1. As Ocean… Read More
Volta Inc. (NYSE: VLTA) today announced the execution of a definitive merger agreement under which Shell USA Inc., a subsidiary of Shell plc (NYSE: SHEL), will acquire Volta in an all-cash transaction valued at approximately $169 million. The transaction brings Volta’s powerful dual charging and media network to Shell’s established brand and seeks to unlock robust, long-term growth opportunities… Read More
Eagle Bulk Shipping Inc. (NYSE: EGLE) (“Eagle Bulk”, “Eagle”, or the “Company”), one of the world’s largest owner-operators within the midsize drybulk vessel segment, today announced that it has appointed A. Kate Blankenship to its Board of Directors, effective January 18, 2023. Ms. Blankenship is a member of the Institute of Chartered Accountants in England and Wales (ICAEW). In addition to… Read More