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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
EMERALD ISLE — In 2001, Buck Fugate, then-mayor of Indian Beach and the first chairperson of the newly formed Carteret County Beach Commission, met Greg “Rudi’ Rudolph. “We were interviewing candidates for manager of the County Shore Protection Office – I think there were about 40 interested – and Rudi was the second or third… Read More
Transaction Highlights: Advances OneWater’s growth and diversification strategy, expected to more than double the size of the services, parts & other sales, adding a highly complementary portfolio of marine parts and accessories Provides opportunity to gain “share of wallet” with a more robust offering while enhancing profitability Expected to be immediately accretive to top-line growth,… Read More
Ecochlor, Inc. announced that the Company’s Board of Directors (BOD) has appointed Andrew Marshall as its Chief Executive Officer (CEO). He will assume day-to-day leadership of the Company as of today. Steve Candito will continue to support the company as a senior advisor to the Ecochlor BOD and leadership team. Mr. Candito expressed his confidence… Read More