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With their entire Louisiana staff affected by Hurricane IDA, DSC estimates that close to 40% of their workforce sustained significant damage from the storm. But that did nothing to stop the generosity from colleagues, who immediately began reaching out to one another before damage was able to be assessed. “Most of us remained in touch… Read More
DredgeWire Exclusive Heiko Osterchrist, Associate Publisher of DredgeWire, recently sat with Russell Zimmerman, SVP, Project & Operations of the Southeastern Region, and David Johanson, SVP, Project & Area Operations Gulf of Mexico, to discuss GLDD’s culture of safety and the role it plays in the company. DW: When did GLDD first start to make a… Read More
Siemens Energy was awarded its first offshore grid connection project in the United States. In a consortium with Aker Solutions, the company will supply the high-voltage direct current (HVDC) transmission system that will bring green energy from Sunrise Wind, New York’s first utility-scale offshore wind project, to the mainland. It’s the first offshore wind project in the… Read More
Siemens Gamesa Renewable Energy is celebrating the first offshore wind turbine blade facility in the United States with a launch ceremony with government officials and wind industry partners in Virginia. Siemens Gamesa will develop more than 80 acres at the Portsmouth Marine Terminal in Portsmouth, Va., upon execution of a firm order for the 2.6… Read More
Offshore wind supports manufacturer Gazelle Wind Power opened its first U.S. office in Austin, Texas. This is the company’s first office in the United States as it moves to capitalize on the country’s emerging offshore wind market. Gazelle Wind Power’s floating wind platform was designed to be lighter and more flexible than other offshore platforms…. Read More
HOUSTON, Oct. 26, 2021 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) today announced that it will release the financial results for its three and nine months ended September 30, 2021 on Tuesday, November 2, 2021 at 7:00 a.m. C.D.T. A conference call with the Company will be held the same day… Read More
Charleston, South Carolina, USA – Speaking on a panel at the South Atlantic International Trade Conference Maersk North America Regional Managing Director, Narin Phol discussed the nation’s current supply chain challenges and ways forward. The U.S. consumer drives the U.S. economy The disruptions in manufacturing and ports in the Far East in early 2020 due… Read More
MarineMax announced record results for its fourth quarter and full year ended September 30, 2021. Revenue grew 16% to a record $462.3 million for the quarter ended September 30, 2021, from $398.8 million for the comparable quarter last year. The growth was driven primarily by successful strategic acquisitions completed during the fiscal year. Same-store sales… Read More
The Dredging Contractors of America (DCA) honored U.S. Sen. Richard Shelby, R-Ala., with its Lifetime Achievement Award in recognition of his leadership in support of critical maritime infrastructure investments.. The award particularly notes his advocacy of the much-needed Mobile Harbor expansion, as it is formed from a cutting tooth used on the dredging vessel Ellis… Read More
WASHINGTON (October 26, 2021) – Dredging Contractors of America (DCA)honored U.S. Senator Richard Shelby (R-AL) with its Lifetime Achievement Award in recognition of his outstanding leadership in support of critical maritime infrastructure investments. The award particularly notes his advocacy of the much-needed Mobile Harbor expansion, as it is formed from a cutting tooth used on the… Read More
HOUSTON–(BUSINESS WIRE)–Oct. 27, 2021– Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today reported a net loss of $10.2 million ($0.33 diluted loss per share) for the third quarter ended September 30, 2021. Third Quarter 2021 Highlights Operating loss was $8.7 million for the third quarter of 2021 compared to operating income of $13.1 million for the third quarter of… Read More
The Dredging Contractors of America (DCA) honored U.S. Sen. Richard Shelby, R-Ala., with its Lifetime Achievement Award in recognition of his leadership in support of critical maritime infrastructure investments.. The award particularly notes his advocacy of the much-needed Mobile Harbor expansion, as it is formed from a cutting tooth used on the dredging vessel Ellis Island during… Read More
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Fairbanks Morse Defense (FMD), an Arcline Investment Management portfolio company, announced that Robert Starr is joining the executive team as Chief Financial Officer (CFO). In this role, he will lead the corporate finance team and oversee all financial reporting for the company. “Rob’s background working with commercial and military customers makes him a great fit… Read More