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Beloit, Wis., headquartered Fairbanks Morse has acquired Thomaston, Conn., based Ward Leonard Operating LLC, a leading provider of motor and control solutions for military applications. The acquisition will expand the scope of power and propulsion equipment and aftermarket services that Fairbanks Morse, a portfolio company of Arcline Investment Management, provides to its core customers, including… Read More
MIAMI – Jan. 5, 2021 – Marine Marketers of America (MMA) today announced the election of new officers and appointment of new board members. New officers for 2021 are Courtney Chalmers, president, and Kristen Frohnhoefer, vice president. Romina Bompani continues in her role as secretary of the association. New board members serving three-year terms include… Read More
North Little Rock, Ark., headquartered commodity trading, distribution, and transportation company Bruce Oakley Inc., has acquired a grain terminal facility in Cahokia, Ill., from American Milling. Oakley plans to operate the terminal in partnership with Oakley St. Louis (formerly Lange-Stegmann), as the Oakley STL Grain Terminal. The terminal has six truck dumps, two barge berths,… Read More
New CEO and CFO of Encore Dredging, new parent of Inland L Dwayne Breaux Chief Executive Officer at Encore Dredging Partners, LLC. Greater Houston
As we start the new year, we need to offer these thanks and brief reflections: Thanks, first, to the growing list of great companies who sponsored us during 2020: ARC Surveyors Hypack Conrad Industries Kiasma Elastec Kruse Controls EIVA IHC America Great Lakes Dredge & Dock Smith Marine DragFlow Javeler Marine Services Second, to our… Read More
ACQUISITION ESTABLISHES ENCORE AS A PREMIER DREDGING AND MARINE INFRASTRUCTURE SERVICES PLATFORM HOUSTON–(PR Distribution)—January 5, 2021—Encore Dredging Partners, LLC. a newly formed premier specialty dredging and marine infrastructure services firm today announced the acquisition of Inland Dredging Company, LLC for an undisclosed purchase price. EDP completed the transaction with the support of AV Capital who… Read More
The Kitty Hawk offshore wind farm can be expected to deliver substantial economic growth and employment to Virginia and North Carolina, according to the project’s economic impact study (EIS), with nearly 1,000 jobs to be created once the wind farm is operational. Along with the USD 2 billion in economic impact between 2021 and 2030,… Read More
Oil major ExxonMobil has stated that it would have to write down assets up to $20 billion regardless of higher oil and gas prices and improved chemical margins. Exxon stated in a regulatory filing that higher prices and margins would aid fourth-quarter results, but that the gains would be overshadowed by the write-down. The oil… Read More
Source: linkedin
Marks the Company’s largest acquisition to date, further expanding its presence in Florida BUFORD, Ga., Jan. 04, 2021 (GLOBE NEWSWIRE) — OneWater Marine Inc. (NASDAQ: ONEW) (“OneWater” or “the Company”) announced today that it has completed the acquisition of Walker Marine Group, marking the largest acquisition in the Company’s history, further expanding its presence in… Read More
Thomas Schäfer Managing Partner / Geschäftsführer bei SL Pumping Solutions GmbH Bochum, North Rhine-Westphalia, Germany Tyler Roy Executive VP at U.S. Aqua Services Lafayette, Louisiana, United States Kasey Eckstein Sales at Ingram Barge Company Houston, Texas, United States Manuel López Managing Director en KSB de México Querétaro, Mexico
NEW YORK, Dec. 21, 2020 (GLOBE NEWSWIRE) — Genco Shipping & Trading Limited (NYSE:GNK) the largest U.S. headquartered drybulk shipowner focused on the transportation of major and minor bulk commodities globally, today announced that it has entered into an agreement to acquire three modern, eco Ultramax vessels in exchange for six older Handysize vessels. The… Read More
STAMFORD, Conn., Dec. 22, 2020 (GLOBE NEWSWIRE) — Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (“Eagle Bulk”, “Eagle” or the “Company”), one of the world’s largest owner-operators within the Supramax / Ultramax drybulk segment, today announced that it has become a signatory to the Sea Cargo Charter (the “Charter”). The Charter, which was launched in October… Read More
George Chartouni, U.S. Army Corps of Engineers (USACE) Chicago District, was awarded the USACE Cost Engineer of the Year award at a virtual national awards ceremony on Nov. 12, 2020, hosted by Lt. Gen. Scott A. Spellmon, 55th Chief of Engineers and Commanding General. Each year, USACE recognizes a small number of the many outstanding… Read More