It's on us. Share your news here.
It's on us. Share your news here.
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
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
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
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 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
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 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
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
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
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
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
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
a DredgeWire exclusive, by Peter Bowe, Publisher I had the opportunity to interview ROHR-IDRECO CEO Fulco Vrooland about an important topic: just how are you coping running a multinational company during the pandemic? To our readers: if you have similar stories to share, please send them to pbowe@dredgewire.com. ROHR-IDRECO is a specialized manufacturer of premium… Read More
Back in late September 2021, Capt. Marsha Morse of Vashon, Wash., retired after over 46 years of service as a professional mariner with the Washington State Ferry (WSF) system. Morse became the ultimate “hawsepiper” when she rose from an entry-level deckhand to Master of WSF’s massive, 1,500-passenger flagship, the M/V Kitsap. We wanted to know… Read More
NEWPORT NEWS, Va., Jan. 04, 2022 (GLOBE NEWSWIRE) — Huntington Ingalls Industries (NYSE:HII) announced today that Matt Mulherin Jr. has been promoted to vice president of contracts at its Newport News Shipbuilding division. Mulherin assumed the new role on Monday, Jan. 3, succeeding Christie Thomas, who has been appointed corporate vice president, investor relations. Mulherin… Read More