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US carbon capture company CarbonPoint Solutions has been acquired by construction manufacturing giant Caterpillar. Caterpillar added the company, also known by its group-name Enhanced Energy Group, to its portfolio to help reach the company’s climate goals, according to Rod Shurman, Vice President, Oil & Gas and Marine Division, Caterpillar. He added, “Combining CarbonPoint Solutions’ patented… Read More
The Board of Directors for the Maritime Exchange for the Delaware River and Bay has named Lisa Himber as president of the 146-year-old association. The appointment comes following the sudden passing of former president Dennis Rochford. “Lisa Himber has the knowledge, expertise, and leadership skills to guide the Maritime Exchange into its next phase of… Read More
BAE Systems Jacksonville Ship Repair LLC, Jacksonville, Fla., has been awarded a $25,079,996 cost-plus-award-fee modification on to exercise an option to previously awarded contract N00024-20-C-2320 for the accomplishment of post shakedown availability (PSA) for Freedom-variant littoral combat ship LCS 21. Work will be performed in Mayport, Fla., and is expected to be completed by Sept…. Read More
Continuing on the acquisition trail, Beloit, Wis. headquartered Fairbanks Morse Defense, a portfolio company of Arcline Investment Management, has acquired Hunt Valve Company, a specialty manufacturer of naval valves and electromechanical actuators. The deal expands FMD’s capabilities and service solutions for shipyard, defense, and industrial customers – including its support for and offerings to the… Read More
SaaS Platform Connects Offerings from Pre-Construction through Project Completion, Keeping Financials Current and Data Connected for Simpler Project Management and Better Informed Business Decisions PORTLAND, Ore., Sept. 14, 2021—Today at the Collaborate Conference, Trimble (NASDAQ: TRMB) introduced Trimble Construction One™, a connected, cloud-based construction management platform that drives speed, efficiency and accuracy at each phase of the construction… Read More
A Message From Eastern Shipbuilding Group on the 20th Anniversary of 9/11 On behalf of the workers at Eastern Shipbuilding Group, we honor the memories of the lives lost on that horrific day on September 11, 2001. On that day, twenty years ago, the United States Coast Guard and New York City Fire Department led… Read More
Richard Greenberg – Hired as Project Superintendent at Crosby Dredging Willem Leber – Promoted to Construction Manager at Subsea 7
Neptune Americas was recently awarded a service contract in the Middle East to provide an experienced team to transport and install flexible and subsea cable on offshore vessel. The Neptune Offshore team will be responsible for load out, tie down and set on the vessel and operate the reel lay equipment during the installation program…. Read More
Opens Pacific Transload Express facility with CP. Transloading adds more speed and agility to demand fluctuations while reducing demurrage and detention costs. Vancouver, Canada – Maersk and Canadian Pacific opened the new 117,000 square foot, 103 door Pacific Transload Express facility today designed to make Asia/Pacific Northwest supply chains more resilient, flexible and cost-effective. The… Read More
In this edition of Listen Up!, join Marine Log’s editor in chief, Heather Ervin, as ABB Marine & Ports’ David Lee and Crowley’s Coulston “Cole” Van Gundy, director-commercial operations, discuss the 82-foot eWolf tug that will operate at the Port of San Diego’s Tenth Avenue Marine Terminal by mid-2023. Cole Van Gundy (L) and David… Read More
Galliano, La., based Crosby Tugs reports that it has invested in green shipping start-up Float Freight, a sustainability-focused barge transportation company that harnesses the industry’s latest technology to provide carbon-neutral inland marine transportation solutions. Float Freight will work with the Crosby Group’s existing marine asset network along with a team of dedicated engineering, operational, and… Read More
Some of the world’s largest users of shipping services are among the 24 members of the Federal Maritime Commission’s newly formed National Shipper Advisory Committee. The committee’s 24 members are evenly divided between those who export cargo from and those who import cargo to the United States. They will advise the FMC on policies relating… Read More
DEERFIELD, Ill., Sept. 10, 2021 /PRNewswire/ — Caterpillar has acquired Enhanced Energy Group operating as “CarbonPoint Solutions,” a U.S.-based carbon capture technology company. Headquartered in Rhode Island, CarbonPoint Solutions provides technology to concentrate and capture CO2 for utilization or sequestration. Carbon capture systems using CarbonPoint Solutions’ patented processes can be applied to engines and turbines… Read More
In a filing with the SEC, Saltchuk Holdings says that it has informed Jones Act tanker and ATB operator Overseas Shipholding Group Inc. (NYSE: OSG) that it is suspending discussions of a possible acquisition. Back in July, Saltchuk, which then owned about 17.5% of OSG’s outstanding shares made a proposal to require the rest of… Read More
She brings more than 20 years of experience in Endangered Species Act and Marine Mammal Protection Act issues. Today, NOAA Fisheries announced Ms. Kim Damon-Randall as the director of the Office of Protected Resources. She will assume her new duties on August 29. Ms. Damon-Randall began her career with NOAA in 2001, serving in a… Read More