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Florham Park, New Jersey USA and Salt Lake City, Utah USA –By acquiring Visible Supply Chain Management (Visible SCM) – a U.S. based leading B2C/E-Commerce Logistics and parcel delivery company, A.P. Moller – Maersk further expands its offering across the entire supply chain. Maersk customers can now increase speed and service coverage in their supply… Read More
Eastern Shipbuilding Group is pleased to announce that MV SSG MICHAEL H. OLLIS Staten Island Ferry is certified and passenger ready. MV SSG MICHAEL H. OLLIS Staten Island Ferry is scheduled to depart Eastern Shipbuilding Group’s Port St. Joe Facility on Friday for delivery to New York City. Dann Ocean Towing’s COLONEL will tow the… Read More
The Federal Maritime Commission has launched an expedited inquiry into the timing and legal sufficiency of ocean carrier practices with respect to certain surcharges. Eight ocean carriers are being asked to provide the Commission’s Bureau of Enforcement (BoE) with details about congestion or related surcharges they have implemented or announced. BoE has given the ocean… Read More
The 130-wind turbine project strengthens Ørsted’s Texas asset base as it continues to scale the business. Ørsted has completed the 367 MW Western Trail Wind Farm located in Wilbarger and Baylor counties, Texas – its largest onshore wind project to date that brings Ørsted’s total onshore capacity to over 2.8 GW of wind, solar, and battery storage… Read More
Second quarter net income of $2.1 million First half net income of $10.9 million Second quarter adjusted EBITDA of $20.2 million First half adjusted EBITDA $47.1 million HOUSTON, Aug. 03, 2021 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (Nasdaq:GLDD), the largest provider of dredging services in the United States, today reported financial results… Read More
CHARLESTON, S.C., Aug. 3, 2021 /PRNewswire/ — PORT 32 Marinas LLC (“PORT 32” or the “Company”), a leading owner, operator, developer and acquirer of Class A coastal marinas, today announced the successful recapitalization of the Company led by New York-based Fireside Investments alongside key members of management and with participation from several institutional investors including funds… Read More
Pivotal LNG’s newest liquefied natural gas (LNG) facility, Towanda LNG, marks the company’s first expansion into the Northeast and Mid-Atlantic market. Entering service in January 2021, Towanda LNG has already produced more than one million gallons of LNG and has supported a wide range of customers across Pennsylvania and the broader region. Even before its… Read More
The Department of the Interior’s Bureau of Ocean Energy Management (BOEM) keeps upping the momentum for U,S. offshore wind development. Last Wednesday, BOEM announced two actions advancing the federal wind leasing process offshore California. The following day, it announced that it will conduct an environmental review of a proposed wind energy project offshore North Carolina…. Read More
Jeremy J Lowe – Promoted to VP Global Sales & Marketing at Chelsea Technologies Ltd
Manson Construction Co. and Keppel AmFELS, Inc. reached another on-time milestone on Monday, Aug. 2, 2021, celebrating with a Keel Laying Ceremony for the hopper dredge FREDERICK PAUP. The keel laying represents the official commencement of construction of a maritime vessel in its final build position, in this case the starboard half of Hopper Bay No…. Read More
HOUSTON, Aug. 02, 2021 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (“Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announced that Earl Shipp was appointed to its Board of Directors. His appointment as a new independent director was effective July 29, 2021. In addition, upon his appointment, the Board was increased… Read More
Lloyd Register’s global sustainability manager, Katharine Palmer has been appointed as the United Nations Climate Change High-Level Climate Champions’ Shipping Lead to support the shipping industry’s drive to decarbonization. As the HLCC’s Shipping Lead, Palmer’s main focus will be to mobilize industry commitment and action needed to achieve 5% zero-carbon fuels in international shipping by… Read More
America’s largest tank barge operator, Houston-headquartered Kirby Corporation (NYSE: KEX) today reported results for the second quarter ended June 30, 2021 that included net earnings of $10.2 million, or $0.17 per share, compared with earnings of $25.0 million or $0.42 per share for the 2020 second quarter. Consolidated revenues for the 2021 second quarter were… Read More
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The US Environmental Protection Agency (EPA) approved Konecranes’ new hybrid technology in April 2021 after a comprehensive testing protocol conducted by West Virginia University (WVU) at South Carolina Ports’ Wando Welch Terminal. Konecranes partnered with WVU to test and measure RTG exhaust emissions using the new hybrid power packs, with WVU concluding: “Carbon monoxide emissions… Read More