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Categories for Company & People News | Dredge Mining
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BW Terminals and Contanda Unveil New Post Merger Corporate Brand: BWC Terminals

TX, United States

HOUSTON, July 6, 2020 /PRNewswire/ — BWC Terminals today announced the completion of the merger of U.S.-based liquid storage terminal providers BW Terminals, Inc. (“BW Terminals”) and Contanda LLC (“Contanda”) which have been under common ownership since December 2019. The combined company, which is renamed BWC Terminals, creates a leader in the liquid storage industry… Read More

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Halter Marine marks milestones in Navy berthing barge program

MS, United States

Halter Marine Inc., Pascagoula, Miss., has launched the first two in the series of Auxiliary Personnel Lighter–Small (APL(S)) berthing barges it is building for the U.S. Navy. In other milestones in the program, the company erected modules on the third barge and laid the keel on the fourth barge. The shipbuilder received the initial contract… Read More

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New England Army engineers receive new commander

MA, United States

CONCORD, Mass. — Col. John A. Atilano II became the 38th commander of New England-based Army engineers during a change of command ceremony today at the district’s Concord headquarters. He assumed leadership from Col. William M. Conde. “I am honored to command the New England District,” Atilano said. “These are unprecedented times in our nation’s… Read More

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Major Wisconsin Frac Sand Producer Expects To File Bankruptcy

WI, United States

Hi-Crush Inc. Reports Losses Of $147M In First Quarter Of 2020 A frac sand producer with four mines in Wisconsin announced it expects to declare bankruptcy after posting net negative revenues in the first quarter of 2020 and defaulting on loans. Hi-Crush Inc., which owns mines in the cities of Augusta, Whitehall, Blair and Wyeville,… Read More

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Hedge Fund Takes 7.7% Stake in Orion Marine

Houston , TX, United States

According to a new SEC filing, Russell Investments Group of Seattle has disclosed a 7.7% interest in Orion. 0001193125-20-188703

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Maritime Bethel at Savannah names executive director

GA, United States

Maritime Bethel at Savannah, a nonprofit organization that provides personal and practical support to seafarers who come into Georgia ports, has recently announced the appointment of John Houchens as executive director. Houchens comes to Maritime Bethel at Savannah with more than thirty years of non-profit experience. He has served organizations large and small, both in… Read More

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Happy Birthday USA

United States

US Coast Guard sets special buoy to commemorate the battle where the American national anthem, “The Star Spangled Banner,” was written. The Americans successfully defended against a naval bombardment by a British Fleet in the War of 1812. https://youtu.be/WJHX9DHOPPk

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McDermott Successfully Completes Comprehensive Restructuring Process

TX, United States

HOUSTON, June 30, 2020 /PRNewswire/ — McDermott International Ltd. (“McDermott” or the “Company”) today announced that the Company has successfully completed its restructuring process. The comprehensive balance sheet restructuring equitizes nearly all of McDermott’s $4.6 billion of funded debt. The Company emerges with $2.4 billion in letter of credit capacity and $544 million of funded… Read More

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Coast Guard Discontinues Differential GPS Broadcast

San Jose , CA, United States

With the improved accuracy and integrity of un-augmented GPS over the last several years, and with the introduction of the U.S. operated satellite-based augmentation system known as Wide Area Augmentation System (WAAS), the maritime community no longer has a mission requirement for DGPS. GPS now provides sufficient positional accuracy to meet international navigation requirements for… Read More

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Coast Guard Discontinues Differential GPS Broadcast

United States

Submitted by the Chief, Office of Navigation Systems (CG-NAV) On June 30, 2020 the Coast Guard switched off the last Differential Global Positioning System (DGPS) signals after more than 25 years of service. With the improved accuracy and integrity of un-augmented GPS over the last several years, and with the introduction of the U.S. operated… Read More

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McDermott International exits bankruptcy through Lummus sale

TX, United States

U.S. engineering and construction services company McDermott International has completed its restructuring process by shedding nearly all of the company’s $4.6 billion of funded debt. McDermott said on Tuesday that it emerges from bankruptcy with $2.4 billion in letter of credit capacity and $544 million of funded debt. Exiting bankruptcy, which the company filed for… Read More

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Guidance, visualization system for dredges offers new possibilities

LA, United States

DSC Dredge joined forces with Teledyne Marine and Trimble to create DSC Vision, a 3D guidance and visualization system that allows operators to stop “dredging in the dark.” According to the company, the combination of DSC Dredge and Teledyne software, Trimble GNSS positioning and Teledyne Marine sonar technology delivers a single, powerful package that allows… Read More

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PMEC gets new associate director

WA, United States

Dr. Shana Hirsch has become associate director of the University of Washington’s Pacific Marine Energy Center (PMEC). In this role, Hirsch will work with PMEC on university-industry collaboration in the marine energy industry in the US. PMEC is a consortium of three universities which focus on the responsible advancement of marine renewable energy. It includes… Read More

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Lt. Col. Eli Adams assumes command of the U.S. Army Corps of Engineers, Buffalo District

NY, United States

Lt. Col. Eli Adams assumes command of the U.S. Army Corps of Engineers Buffalo District from outgoing commander Lt. Col. Jason A. Toth. The formal change of command ceremony took place at the Buffalo District reservation, Buffalo, NY, June 26, 2020. The change of command is a time-honored ?U.S. Army tradition dating back before the… Read More

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Lewiston resident selected for prestigious award

MN, United States

ST. PAUL, Minn. – The U.S. Army Corps of Engineers, Mississippi Valley Division, recently selected St. Paul District Channels and Harbors Section Supervisor and Lewiston, Minnesota, resident Steve Tapp as the division’s nominee for the national Outstanding Civilian of the Year Award. The award recognizes a civilian’s contributions and support to the Corps of Engineers,… Read More

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