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STAMFORD, Conn., Jan. 28, 2021 (GLOBE NEWSWIRE) — Eagle Bulk Shipping Inc. (NASDAQ: EGLE), one of the world’s largest owner-operators within the Supramax / Ultramax drybulk segment, today announced that it has purchased a high-specification 2017-built SDARI-64 scrubber-fitted Ultramax bulkcarrier for USD 15 million and a warrant for 212,315 common shares of Eagle. The ship,… Read More
DredgeWire’s publisher Peter Bowe recently had the opportunity to interview Sen Roger Wicker (R) of Mississippi about his personal engagement in the recent passage of WRDA and his overall commitment to adequate funding of Dredging. Here are excerpts from that conversation: DW: The Harbor Maintenance Trust Fund (HMTF) was reformed not long ago to re-allocate… Read More
Rockford, Michigan – IAI has brought Mr. Martijn Luth on board, as General Manager for the Dredging & Sediment Dewatering Division. Martijn brings a high level of expertise and over 20 years of experience to IAI, having managed dredging, dewatering and marine projects around the world. Most recently, Martijn served as Operations Manager, overseeing the… Read More
Autonomous command and remote-helm control systems specialist Sea Machines Robotics has promoted Phil Bourque to the role of business development and sales director, U.S. Government In his new position, Bourque will primarily focus on advancing the company’s government contracts and related special projects. Bourque has relocated to the Norfolk, Va., area for the role, a… Read More
– Beyko brings more than 20 years’ experience in program engineering, business leadership and project management HOUSTON, Jan. 27, 2021 /PRNewswire/ — Great Lakes Dredge & Dock Co. (NASDAQ: GLDD), the nation’s largest provider of dredging services, announced today its appointment of industry veteran Eleni Beyko as senior vice president offshore wind – a strategic growth… Read More
WEDA Journal of Dredging (Vol 19 No 1) Source: westerndredging
The shipping industry is facing one of the most significant humanitarian crises in a generation. Hundreds of thousands of seafarers are either unable to leave a ship and staying well beyond their normal tours of duty, or they can’t travel to replace fellow exhausted crew members. On Tuesday, global industry and human-rights leaders will sign… Read More
DredgeWire Report This past week both publicly traded US dredging companies, Great Lakes Dredge & Dock (GLDD) and Orion Marine Group (ORN), made presentations at the NobleCon17 Virtual Investor Conference. Mark Marinko CFO together with CEO Lasse Petterson presented for Great Lakes. Here is DredgeWire’s list of bullet points of key comments made, along with… Read More
HOUSTON–(BUSINESS WIRE)–Jan. 21, 2021– Orion Group Holdings, Inc. (NYSE: ORN) a leading specialty construction company, today announced contract awards totaling approximately $27 million. The Company’s Concrete segment has been awarded several contracts to provide concrete and associated paving services. In the Central Texas region, the Company has been awarded an $11.6 million contract to construct a large tilt-wall distribution center. The… Read More
Germany’s engine manufacturer MAN Energy Solutions has decided to acquire almost 99% of the shares in H-Tec Systems, a compatriot electrolysis technology company. Subject to approval by the competition authorities, MAN Energy Solutions has purchased the shares of the previous majority shareholder, GP Joule, adding to the 40% stake it previously took in the company in 2019…. Read More
U.S. and Canadian ports in the Great Lakes-St. Lawrence Seaway system reported that overall tonnage during the 2020 navigation season was down just 1.7% compared to the 2019 navigation season, despite facing a challenging year. “The Seaway’s 62nd navigation season was one of the most remarkable in history,” said Craig Middlebrook, Deputy Administrator of the… Read More
EDPR NA Distributed Generation will focus exclusively on downstream generation and energy efficiency services Houston, TX, Jan. 19, 2021 (GLOBE NEWSWIRE) — EDPR Renewables North America LLC (EDPR NA) announces the acquisition of a majority interest in C2 Omega LLC, the distributed solar platform of C2 Energy Capital LLC (“C2”). The new company, EDPR NA… Read More
New Orleans headquartered Turn Services—one of the largest independent barge fleeting and shifting companies in the U.S.—reports that it has now completed its acquisition of the assets and business of Bayou Fleet (see earlier story). Located at Mile 125.5 on the Lower Mississippi River (LMR) in Hahnville, La., Bayou Fleet provides fleeting, shifting and dry… Read More
Royal Caribbean Group (NYSE: RCL) reports that it has entered into a definitive agreement to sell its three-ship Azamara brand to Sycamore Partners, a private equity firm specializing in consumer, retail and distribution investments, in an all-cash carve-out transaction for $201 million, subject to certain adjustments and closing conditions. Sycamore Partners will acquire the entire… Read More