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Great Lakes Dredge & Dock Corporation (GLDD) has reached a new 52-week high, with its stock price soaring to $9.78. This milestone marks a significant achievement for the company, reflecting its robust performance over the past year. The 52-week high data underscores the company’s strong market position and its ability to generate shareholder value amidst… Read More
Highlands Ranch, CO, July 18, 2024 – Arcadis, a leading global design and consultancy organization for natural and built assets, today announced it will utilize Ovivo, a global provider of water and wastewater treatment equipment, technologies, and systems, to manufacture full-scale innovative per-and polyfluoroalkyl substances (PFAS) treatment technology using ozone fractionation, patented by Evocra, in… Read More
Portolan Capital Management, LLC has acquired a significant equity interest, 5.5%, in Orion Group Holdings by buying over 1.8 million shares according to a SEC filing. According to its web site, “Portolan Capital Management, LLC is a Boston-based SEC registered investment adviser focused on small- and mid-cap equity investing. Founded in 2004 by George McCabe,… Read More
BUFFALO, N.Y. — Lt. Col. Robert Burnham, a Beaufort, South Carolina native and a veteran of the Afghanistan war, assumed command of the U.S. Army Corps of Engineers, Buffalo District on July 18. Burnham will lead the district’s more than 300 team members, responsible for projects in 16 commercial and 19 recreational Great Lakes harbors,… Read More
ALBUQUERQUE, N.M. – Lt. Col. Matthew T. Miller assumed command of the U.S. Army Corps of Engineers-Albuquerque District from Lt. Col. Jerre V. Hansbrough during a formal change of command ceremony today at the Balloon Fiesta Park Golf & Event Center. Headquartered in Albuquerque, New Mexico, the district serves more than 200,000 square miles of the… Read More
We are proud to welcome our new Vice President of Regulations and Standards, Maritime Operations, Capt. Giorgio De Sciora to the team! With over 30 years of industry experience and expertise, Giorgio will be instrumental in leading the expansion of Liberia’s Passenger Ship program, by strengthening the relations with our clients, navigating the Registry through… Read More
Aggressive design-build schedule on track to start production of first vessels early next year. Birdon America, has announced it has received an order worth approximately $14.75 million from the U.S. Coast Guard for long lead time materials (LLTM) required to begin construction on the first Inland Construction Tender (WLIC) and the first River Buoy Tender… Read More
Crowley has named Walter Tague as vice president of sales and supply for its Crowley Fuels businesses unit, which services energy logistics needs throughout Alaska. With more than 30 years of maritime industry experience specializing in supply chain management and support in the oil and gas sectors, Tague will oversee Crowley’s marketing, sales, customer relations… Read More
ARLINGTON, Va.– Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it received a BAE Systems ‘Partner 2 Win’ Supplier of the Year award. DRS was chosen from a select pool of suppliers that delivered exceptional performance and contributions to supply chain success for BAE Systems’ Electronic Systems sector in 2023. “We are proud to have… Read More
The first construction contract is valued at $8.4 million and funded exclusively with state dollars. The cost to construct the Maurepas project in its entirety is valued at over $300 million and will utilize $190 million in funds from fines associated with the Deepwater Horizon oil spill as well as other state only funds. BATON… Read More
During the week of June 24 to 27, DSC Dredge attended the WEDA Dredging Summit & Expo ’24 in Tampa, Fla., where it showcased its innovative technology to the dredging industry. The four-day event was an overall success for the DSC team, featuring significant highlights. One of the many highlights was the presentation of the “Why is… Read More
The company purchased all of the outstanding shares of common stock of OSG not already owned by Saltchuk for a purchase price of $8.50 per share in cash, an enterprise value of approximately $950 million. The transaction closed on 10 July and OSG is now a wholly owned subsidiary of Saltchuk. OSG joins Saltchuk as… Read More
New Orleans, Louisiana. Laborde Marine Management, LLC, (“Laborde Marine”) announced today the creation of a new affiliate, LabMar Inland, LLC (the “Company”) that will focus on the U.S. inland marine market, providing towing and pushboat services. The initial vessel to be placed in service will be the Ivy Steiner, a new 2,000-horsepower pushboat. The Company intends… Read More
The Walla Walla District of the U.S. Army Corps of Engineers (USACE) held a change of command ceremony where Lt. Col. ShaiLin KingSlack relinquished command to Lt. Col. Katie Werback at the Marcus Whitman Hotel in Walla Walla, July 12. The ceremony marked the second female commander in the district’s history, with KingSlack, a 2004… Read More
DETROIT — Lt. Col. Wallace W. Bandeff assumed command of the U.S. Army Corps of Engineers (USACE), Detroit District from Lt. Col. Brett Boyle during a Change of Command ceremony at The War Memorial in Grosse Pointe Farms, Michigan, July 16. Maj. Gen. Mark Quander, USACE Great Lakes and Ohio River Division commander, presided over… Read More