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Conrad Industries, Inc. (OTC Pink: CNRD) announced today that Great Lakes Dredge & Dock Corporation (“Great Lakes”) has exercised its contract option to build a second 6,500-cubic-yard-capacity Trailing Suction Hopper Dredge with its subsidiary, Conrad Shipyard, LLC. The dredge will be constructed at the Deepwater South shipyard in Amelia, LA, with expected delivery in the… Read More
When Mary Matthews first opened her jewelry store at John’s Pass boardwalk in Madeira Beach, she could look down through the slats and see fish, crabs, jellyfish and dolphins. The water glistened. That was in 1982. Now when the 61-year-old owner of Gray Jewelers peers down, she sees only sand. Over the decades, strong currents… Read More
Triton, Damen’s connected vessel platform, proved its worth even more during Covid by making the largely remote commissioning of vessels possible. But it doesn’t stop there. We are already taking the following step. “It’s fair to say we’ve now got artificial intelligence.” We learned to listen to our ships Damen Triton is a user-friendly digital platform… Read More
Trident Maritime Systems, a leading provider of highly differentiated maritime systems and solutions for government and commercial customers and a portfolio company of investment affiliates of J.F. Lehman & Company, announced today that it has completed the sale of its Cannon Mining division to J.H. Fletcher & Co. The acquisition enables Trident to focus on its core maritime and… Read More
Eastern Shipbuilding Group is pleased to announce that the R.B. WEEKS Trailing Suction Hopper Dredge will launch Friday, June 17, at 1:00 PM Central / 2:00 PM Eastern, at its Allanton Facility. The christening ceremony and launch is open to the public.
Engineering News-Record (ENR) published its annual ranking of the largest U.S.-based general contractors, with specialty contractor J.F. Brennan Company (Brennan) making the list with an overall ranking of 351. Brennan is listed as the 5th largest contractor in the hazardous waste sector. The demand for Brennan’s environmental remediation services has increased year over year on… Read More
SC&H Capital, a leading investment bank specializing in M&A advisory, is pleased to share that its client, Marine Technologies, Inc. has sold its marine construction operation to Ballard Marine Construction LLC via an asset sale. MTI was founded in 1992 as a commercial diving operation. The Company was purchased by Terry Clarke in 2012 and,… Read More
Danfoss named Steven Lakin as its new director of public and industry affairs. Lakin, who began his new role on May 16, is an accomplished government relations and public affairs professional with extensive experience working across multiple industries, with industry associations, and with policymakers at the state and federal level. Most recently, Lakin was the… Read More
Following the earlier announcement of Keith Svendsen, APM Terminals’ current Chief Operating Officer (COO), taking over as CEO from Morten Engelstoft, Jack Craig, current Head of Global Technical, is appointed interim COO, assuming the responsibility for Global Operations in addition to his current role. “I am very happy to have Jack as our interim COO… Read More
Caterpillar Inc. (NYSE: CAT) today announced it will move its global headquarters to the company’s existing office in Irving, Texas, from its current location in Deerfield, Illinois. “We believe it’s in the best strategic interest of the company to make this move, which supports Caterpillar’s strategy for profitable growth as we help our customers build… Read More
Conrad Shipyard, LLC, announces it has been awarded a 2021 AEU Safety Award for the company’s strong commitment to safety in the workplace. The American Equity Underwriters, Inc., the leading provider of workers’ compensation for waterfront employers, presents the AEU Safety Awards each year to its best performing members nationwide. “We are proud to receive… Read More
Commissioners Carl W. Bentzel and Max Vekich commend the Commission’s Bureau of Enforcement for its work in reaching a $2 million settlement agreement with Hapag-Lloyd with regards to unreasonable assessment of detention and demurrage charges. The Commission must continue its work to address unjust and unreasonable practices for the benefit of U.S. exporters and importers. … Read More
James “Jim” Frederick Horton, 80, of Leawood, KS, passed away on June 5th 2022, at Brookdale College Square Memory Care due to complications from Alzheimer’s disease with his wife Valerie and son Ryan by his side. Jim was born on October 11, 1941 to Charles and Margaret Horton in Detroit, Michigan. After leaving the seminary… Read More
By Peter Bowe, Publisher Jim was my partner for well over a decade until he retired in 2015. How that came to be is an interesting story. In the 1990s I read about Jim and IMS Dredges in a front page story in the Wall Street Journal! Jim was savvy enough to get the US… Read More
MCLEAN, Va., June 10, 2022 (GLOBE NEWSWIRE) — HII (NYSE: HII) announced today that Jeff Jackson has been named senior director of talent development for its Mission Technologies division. He will report to Melanie Anderson, Mission Technologies’ senior vice president of human resources. In the new role, Jackson will lead talent strategies in alignment with… Read More