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Categories for Company & People News | Dredge Mining

Ports are a mess but shipping company profits are at record highs

World ,

Ports are backlogged. Record numbers of ocean liners are waiting offshore for berths to unload their cargo. Shipping containers are nowhere to be found. Captains are rerouting their ships to avoid ports shut down by coronavirus outbreaks. And for many of the world’s largest shipping lines, profits have never been higher. The pandemic has been… Read More

Crowley Appoints Massimo Messina as Vice President of Mergers & Acquisitions

FL, United States

(JACKSONVILLE, Fla.; Sept. 20, 2021 ) ­– Crowley Maritime Corporation announces the appointment of Massimo Messina as vice president, mergers and acquisitions. Based in Jacksonville, Fla., Messina will lead Crowley’s corporate expansion goals by identifying and assessing potential M&A candidates and execute transactions that align with the global enterprise’s future growth projection and endeavors across… Read More

NJEDA and PSEG sign 78-year lease for the New Jersey Wind Port

NJ, United States

The New Jersey Economic Development Authority and PSEG have signed a lease allowing for a term of up to 78-years on land that will be home to the New Jersey Wind Port in Salem County, New Jersey, further positioning the state as a hub for clean energy and the U.S. offshore wind industry, according to… Read More

CarbonPoint acquired by Caterpillar

IL, United States

US carbon capture company CarbonPoint Solutions has been acquired by construction manufacturing giant Caterpillar. Caterpillar added the company, also known by its group-name Enhanced Energy Group, to its portfolio to help reach the company’s climate goals, according to Rod Shurman, Vice President, Oil & Gas and Marine Division, Caterpillar. He added, “Combining CarbonPoint Solutions’ patented… Read More

Himber named Maritime Exchange president

PA, United States

The Board of Directors for the Maritime Exchange for the Delaware River and Bay has named Lisa Himber as president of the 146-year-old association. The appointment comes following the sudden passing of former president Dennis Rochford. “Lisa Himber has the knowledge, expertise, and leadership skills to guide the Maritime Exchange into its next phase of… Read More

AE Jacksonville gets $25 million LCS 21 PSA award

FL, United States

BAE Systems Jacksonville Ship Repair LLC, Jacksonville, Fla., has been awarded a $25,079,996 cost-plus-award-fee modification on to exercise an option to previously awarded contract N00024-20-C-2320 for the accomplishment of post shakedown availability (PSA) for Freedom-variant littoral combat ship LCS 21. Work will be performed in Mayport, Fla., and is expected to be completed by Sept…. Read More

Fairbanks Morse Defense acquires Hunt Valve

WI, United States

Continuing on the acquisition trail, Beloit, Wis. headquartered Fairbanks Morse Defense, a portfolio company of Arcline Investment Management, has acquired Hunt Valve Company, a specialty manufacturer of naval valves and electromechanical actuators. The deal expands FMD’s capabilities and service solutions for shipyard, defense, and industrial customers – including its support for and offerings to the… Read More

Trimble Construction One Construction Management Platform Bridges Industry Gap Between Constructible Models and Project Financials

OR, United States

SaaS Platform Connects Offerings from Pre-Construction through Project Completion, Keeping Financials Current and Data Connected for Simpler Project Management and Better Informed Business Decisions PORTLAND, Ore., Sept. 14, 2021—Today at the Collaborate Conference, Trimble (NASDAQ: TRMB) introduced Trimble Construction One™, a connected, cloud-based construction management platform that drives speed, efficiency and accuracy at each phase of the construction… Read More

Eastern Shipbuilding Group Reflects on the 20th Anniversary of 9/11

FL, United States

A Message From Eastern Shipbuilding Group on the 20th Anniversary of 9/11 On behalf of the workers at Eastern Shipbuilding Group, we honor the memories of the lives lost on that horrific day on September 11, 2001. On that day, twenty years ago, the United States Coast Guard and New York City Fire Department led… Read More

Maritime Industry New Hires and Promotions

Richard Greenberg – Hired as Project Superintendent at Crosby Dredging Willem Leber – Promoted to Construction Manager at Subsea 7

DREDGEWIRE EXCLUSIVE BREAKING NEWS: Neptune Americas Wins Middle East Cable Service Contract

TX, United States

Neptune Americas was recently awarded a service contract in the Middle East to provide an experienced team to transport and install flexible and subsea cable on offshore vessel. The Neptune Offshore team will be responsible for load out, tie down and set on the vessel and operate the reel lay equipment during the installation program…. Read More

Maersk Canada targets landside logistics asset with new Vancouver facility to solve North American supply chain woes

Canada

Opens Pacific Transload Express facility with CP. Transloading adds more speed and agility to demand fluctuations while reducing demurrage and detention costs. Vancouver, Canada – Maersk and Canadian Pacific opened the new 117,000 square foot, 103 door Pacific Transload Express facility today designed to make Asia/Pacific Northwest supply chains more resilient, flexible and cost-effective. The… Read More

PODCAST: Crowley and ABB on first U.S. E-tug

FL, United States

In this edition of Listen Up!, join Marine Log’s editor in chief, Heather Ervin, as ABB Marine & Ports’ David Lee and Crowley’s Coulston “Cole” Van Gundy, director-commercial operations, discuss the 82-foot eWolf tug that will operate at the Port of San Diego’s Tenth Avenue Marine Terminal by mid-2023. Cole Van Gundy (L) and David… Read More

Crosby Tugs backs green barge transportation start-up

LA, United States

Galliano, La., based Crosby Tugs reports that it has invested in green shipping start-up Float Freight, a sustainability-focused barge transportation company that harnesses the industry’s latest technology to provide carbon-neutral inland marine transportation solutions. Float Freight will work with the Crosby Group’s existing marine asset network along with a team of dedicated engineering, operational, and… Read More

FMC names 24 members of new National Shipper Advisory Council

World ,

Some of the world’s largest users of shipping services are among the 24 members of the Federal Maritime Commission’s newly formed National Shipper Advisory Committee. The committee’s 24 members are evenly divided between those who export cargo from and those who import cargo to the United States. They will advise the FMC on policies relating… Read More

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