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Australian shipbuilder to build new facility in Alabama as defence contracts lead to record revenues Australian shipbuilding group Austal will invest $100m in a new steel shipbuilding facility in Mobile, Alabama, in a move that will position it to bid for work in a series of significant new steel shipbuilding programmes for the US Navy…. Read More
Sempra LNG, a unit of Sempra Energy, promoted its current COO, Lisa Glatch, to president and chief operating officer of the company. Glatch will continue to report to Justin Bird, chief executive officer of Sempra LNG. She also will continue to serve as the board chair for Cameron LNG and lead Sempra LNG’s sustainability initiatives…. Read More
HOUSTON–(BUSINESS WIRE)–Aug. 24, 2020– Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”) a leading specialty construction company, today provided an update on the explosion and fire in the Port of Corpus Christi involving its dredge Waymon Boyd. On Friday morning a fire occurred in the Port of Corpus Christi Ship Channel near one of the… Read More
Noble Energy has scheduled a special meeting of shareholders for the approval of its merger with Chevron following the clearance of one of the regulatory hurdles. Noble Energy informed on Monday that the special meeting of shareholders to approve the pending combination with Chevron is scheduled to take place on Friday, 2 October 2020 at… Read More
ST. PAUL, Minn. – The U.S. Army Corps of Engineers Headquarters in Washington, D.C., recently selected St. Paul, Minnesota, resident and St. Paul District Chief of Logistics Mike McGarvey as recipient of the National Meritorious Logistician of the Year Award. This award recognizes demonstrated excellence in the management of logistics programs. McGarvey was selected for… Read More
A team from the Michigan, Ohio, and Wisconsin Sea Grant programs as well as Ohio State University and the Ohio Department of Natural Resources has been collaborating on a three-year project to help marinas make their facilities more environmentally sustainable by harnessing the power of green infrastructure. Supported by a grant from the Great Lakes… Read More
Iconic boat manufacturer Bertram Yachts plans to move its headquarters from South Tampa to Port Tampa Bay’s property. The marquee boat manufacturer entered a deal with the port on Tuesday to invest $25 million to add production facilities and move its headquarters to Pendola Point near Berth 21. Bertram Yachts LLC started building leisure boats… Read More
Firefighters are responding to a major fire along refinery row. The incident happened just after 8:05 a.m. near Lantana and I-37. We’re being told maybe at EPIC Products near Lantana and Navigation. Firefighters said the fire ignited at barge which at this point is fully engulfed. The fire then spread from the pipeline to the… Read More
OAK BROOK, Ill., Aug. 20, 2020 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD), the largest provider of dredging services in the United States announced today the receipt of several major dredging awards totaling $117.8 million. The awarded work includes: Mississippi River, Baton Rouge to Gulf of Mexico, Head of Passes Hopper Dredge… Read More
JOINT BASE ELMENDORF-RICHARDSON — Col. Damon Delarosa became the 29th commander of the U.S. Army Corps of Engineers – Alaska District during an assumption of command ceremony today on the front lawn of the headquarters building near Anchorage. Delarosa, a native of San Antonio, replaces Col. David Hibner who served as the acting district commander… Read More
Morgan City, La., headquartered shipbuilder and repairer Conrad Industries, Inc. (OTC Pink: CNRD) has reported its second quarter and six months 2020 financial results and backlog. For the quarter ended June 30, 2020, Conrad had net income of $482,000 and earnings per diluted share of $0.10 compared to net loss of $2.2 million and loss… Read More
Today, the Connecticut Port Authority (CPA) approved the appointment of John Henshaw as its new executive director, effective September 8th, 2020. In his role, Henshaw will be responsible for fostering the economic development of Connecticut’s maritime economy and overseeing the development and growth of Connecticut’s small harbors and three deepwater ports. Henshaw comes to the… Read More
A dock in Benton Harbor has a new owner, with new plans to increase the use of it. On Wednesday Rieth-Riley Construction Co. announced they bought a spot in Benton Harbor that they’ll use as a key part of transporting their materials. Having the option to do this by water is much cheaper than over… Read More
August 14 (Renewables Now) – Apollo Global Management Inc (NYSE:APO) has acquired an equity stake in US Wind Inc, the developer of a 270-MW wind project off the coast of Maryland. The alternative investment manager said in a statement today that certain funds managed by its affiliates have committed to invest through convertible debt and… Read More
Alternative investment manager Apollo has made a structured investment in the US-based offshore wind developer – US Wind Inc. Certain funds managed by Apollo Global Management’s affiliates have committed to invest, through convertible debt and equity, up to $ 265 million to acquire an equity stake in US Wind and fund development and construction costs… Read More