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Categories for Company & People News | Dredge Mining

Caterpillar Acquires CarbonPoint Solutions

IL, United States

DEERFIELD, Ill., Sept. 10, 2021 /PRNewswire/ — Caterpillar has acquired Enhanced Energy Group operating as “CarbonPoint Solutions,” a U.S.-based carbon capture technology company. Headquartered in Rhode Island, CarbonPoint Solutions provides technology to concentrate and capture CO2 for utilization or sequestration. Carbon capture systems using CarbonPoint Solutions’ patented processes can be applied to engines and turbines… Read More

Saltchuk suspends discussions with OSG

WA, United States

In a filing with the SEC, Saltchuk Holdings says that it has informed Jones Act tanker and ATB operator Overseas Shipholding Group Inc. (NYSE: OSG) that it is suspending discussions of a possible acquisition. Back in July, Saltchuk, which then owned about 17.5% of OSG’s outstanding shares made a proposal to require the rest of… Read More

NOAA Fisheries Names Kim Damon-Randall to Lead the Office of Protected Resources

United States

She brings more than 20 years of experience in Endangered Species Act and Marine Mammal Protection Act issues. Today, NOAA Fisheries announced Ms. Kim Damon-Randall as the director of the Office of Protected Resources. She will assume her new duties on August 29. Ms. Damon-Randall began her career with NOAA in 2001, serving in a… Read More

ABS and Vanderbilt put spotlight on waterways decarbonization

United States

The current GHG emissions profile of the inland waterway sector is low compared to other freight modes. The American Waterways Operators cites statistics that show that one dry cargo barge can carry the same amount of cargo as 16 rail cars or 70 trucks and that barge transportation produces 30% less greenhouse gas emissions than… Read More

Moda Midstream and EnCap Flatrock Midstream Agree to Sell Moda Ingleside Energy Center and Other Assets to Enbridge for $3 Billion

TX, United States

Alongside its financial sponsor EnCap Flatrock Midstream, Moda Midstream will retain its ownership interest in Vopak Moda Houston, a 50/50 joint venture between Moda and Royal Vopak. Vopak Moda Houston recently commissioned its deepwater dock and has constructed storage and terminaling infrastructure for its industrial gas product line. Moda will continue to pursue additional liquids… Read More

Massachusetts Governor Charlie Baker Tours Boston Harbor Deepening Project with Corps of Engineers, Massport, and GLDD

United States

Phase III of the project is currently underway and scheduled to be complete well ahead of the November 2022 deadline. This is the final phase of the project and includes rock removal through blasting and hydraulic backhoe dredging which will provide navigational improvements to the Boston Harbor Navigation Project. “The Harbor Deepening Project is integral to… Read More

Orsted’s offshore wind expansion bid includes $400M investment in State of MD— seeks to establish a local supply vessel operator

MD, United States

Excerpted from the BBJ By Carley Milligan Offshore wind developer Ørsted North America has unveiled a proposed $400 million in new investments, including hundreds of manufacturing jobs, as the company seeks approval from the state to launch a second project off the coast of Maryland. Ørsted, operating as Skipjack Offshore Energy, has proposed the investments… Read More

Statement by Commissioner Carl Bentzel on Concerns About the Availability of Ocean Shipping to the Chemical Supply Chain and Related Impacts on the U.S. Manufacturing Base

United States

During a recent meeting with chemical distributors, Commissioner Carl W. Bentzel heard concerns about systemic reductions for hazardous materials transportation via ocean. Specifically, distributors source chemical products from manufacturers overseas and sell them to diverse customers in the United States across all industries that use these chemicals to produce a wide range of goods critical… Read More

Two new Port of Tillamook Bay commissioners join governing board

OR, United States

The Port of Tillamook Bay Board of Commissioners welcomed two new faces this summer, including one commissioner who has served on the board before. Bill Baertlein and Kevin Stoecker started their four-year terms on July 1. The men replace Chris Sween and Jim Young. “I want to thank Chris and Jim for their service. Chris… Read More

Conrad Shipyard Back at Work Following Ida

LA, United States

Hurricane Ida Recovery Update 9/2/2021: Conrad Deepwater Repair: Deepwater Repair facility has resumed operations. All Deepwater Repair employees that are able to safely return to work should arrive at their normally scheduled time. Conrad Deepwater South New Construction: Deepwater South has resumed operations for day shift only. All Deepwater South employees that are able to… Read More

DSC Dredge, LLC continues to assess the long-term impact of Hurricane Ida

LA, United States

DSC continues to assess the long-term impact of Hurricane Ida and the catastrophic damage brought to the gulf coast earlier this week. We are grateful to share that both of our southern facilities fared well. Our corporate offices and manufacturing facility located in Reserve, LA was extremely fortunate, escaping with minimal damage compared to the… Read More

GLDD awarded $47.4 million USACE contract

TX, United States

Great Lakes Dredge & Dock Inc., Houston, Texas, has been awarded a $47,469,180 firm-fixed-price contract for beach replenishment. Bids were solicited via the internet with two received. Work will be performed in New York, N.Y., with an estimated completion date of March 31, 2022. Fiscal 2014 civil operation and maintenance funds in the amount of… Read More

Maritime Industry New Hires and Promotions

Brian Grant – Hired as Vice President of Sales at Fortress UAV Ken Mika – Hired as Senior Project Manager at Terta Tech Lennard Nieuwland – Promoted to SHE-Q Specialist at Royal IHC Mike Martin – Hired as St. Louis Region Operations Manager at Central Stone Company Suzanne Rijnders – Promoted to International Legal Counsel… Read More

Crowley and Shell to build and charter Jones Act LNG bunker barge: contract for Fincantieri Bay Shipbuilding in Sturgeon Bay, Wis.

United States

Crowley Maritime Corporation has signed a long-term time charter with Shell NA LNG, providing for the building and operation of a new U.S.-built, LNG bunker barge. With a capacity of 12,000 cubic meters, it will be the largest Jones Act-compliant vessel of its kind. It will be built at Fincantieri Bay Shipbuilding in Sturgeon Bay,… Read More

Gulf Coast Fuel Supply partners with Fueltrax

TX, United States

Gulf Coast Fuel Supply, an offshore fuel supplier specializing in MGO and VLSFO deliveries at the Galveston, Sabine, S.W. Pass, and Corpus Christi lightering area in Texas, has partnered with Fueltrax to install its fuel monitoring solution on the 11,500 dwt tanker Bonaire Trader. The Fueltrax technology onboard Bonaire Trader helps Gulf Coast Fuel Supply… Read More

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