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Collapse of U.S. commercial shipping and shipbuilding poses national-security risk, says growing chorus in Washington Now politicians are once again linking national security to a vibrant maritime sector—nonmilitary aspects of the seas—and the benefits it brings to everything from shipbuilding to logistics chains. Washington is seeking ways to reverse its collapse by tapping examples from… Read More
Kongsberg Maritime has signed a contract with the National Oceanic and Atmospheric Administration (NOAA) valued at US$11.25 million to supply an integrated scientific handling system for two vessels. The system will support operations with cables up to 5,000 metres in length. The agreement also includes an option to equip two additional vessels. Kongsberg Discovery and… Read More
RESERVE, LOUISIANA – As the new year begins, DSC Dredge (DSC) is pleased to announce that Greg Stahel has joined their leadership team as Director of Manufacturing. In this role, Greg reports to Nicky Giarratano, DSC’s Vice President of Manufacturing, and bring a wealth of leadership experience across multiple industries to further strengthen DSC’s operations. Greg Stahel brings an impressive… Read More
At Orion (NYSE: ORN), we’re proud to be a vital provider of services to the marine, industrial, and infrastructure concrete sectors. This year, we’re poised to capitalize on the largest market opportunity in our 100-year history. Here’s what’s driving this momentum: Historic Infrastructure Investments: – $1.2 trillion Infrastructure Investment and Jobs Act fueling public sector… Read More
HOUSTON, Dec. 19, 2024 /PRNewswire/ — McDermott International, Ltd (“McDermott” or the “Company”) today announced that it completed the redemption and exchange of all of its outstanding Series A Preference Shares (“Series A Preference Shares”), par value $0.001 per share, into the Company’s Class A ordinary shares (“Class A Ordinary Shares”), $0.001 par value per share (the “Preference… Read More
Harness The Power of Habit – NEW Webinar: Jan 7 at 2:00 pm EST Start your new year off on the right foot and join AWO for a webinar hosted by Sharon Lipinski, the Habit Superhero. Sharon will lead a conversation on how to leverage cutting-edge neural science to create your New Year’s Resolution and ensure it… Read More
Recap: Highlights for 2024 As we close out 2024, it’s the perfect time to reflect on the key themes and trends that shaped the logistics and supply chain industry this year. In this December Topic of the month, we bring you a comprehensive recap of the year’s highlights. From resilience and visibility to flexibility, peak… Read More
As 2024 comes to a close, we reflect on a year of challenges and progress across global supply chains. This month’s update highlights key market trends, including progress in the fight against inflation and signs of resilience in major economies. We also explore logistics preparations for year-end peak seasons, emphasizing the importance of agility and… Read More
Four students from the U.S. Merchant Marine Academy (USMMA) – Draygan Colonese, Elizabeth Kay, Charles Lausten and Gianna Russo – have been awarded Thomas B. Crowley Sr. Memorial Scholarships in recognition of their success and commitment to careers in the maritime industry. They were selected based on their academic achievements and performance during the cadet training periods… Read More
HANOVER, N.H. — The U.S. Army Corps of Engineers has named Dr. Ivan Beckman director of the Engineer and Research Development Center’s (ERDC) Cold Regions Research and Engineering Laboratory (CRREL). As director, Dr. Beckman will provide strategic guidance and policy direction for the laboratory’s operations, and spearheads its comprehensive research, development, technology, and program management… Read More
VICKSBURG, Miss., – Lt. Gen. William H. “Butch” Graham, 56th Chief of Engineers and Commanding General of the U.S. Army Corps of Engineers, recently announced Patricia Sullivan has been designated as a member of the Senior Executive Service (SES) effective Dec. 15, 2024. The SES represents the federal government’s top civilian leadership. SES members act as… Read More
George Whittier is CEO of Fairbanks Morse Defense. The U.S. Navy’s ambitious 30-year shipbuilding plan to expand the fleet to 330 ships by the 2030s and 377 ships by 2045 faces significant challenges due to a shortage of skilled labor in the shipbuilding industry. This shortage is a result of historical shifts away from vocational training and the competition for… Read More
In Mike Schuler‘s piece in gCaptain yesterday on “EU Delegation’s Covert Campaign to Dismantle Jones Act Exposed in Government Filing” is disturbing. At a time when the offshore wind industry is dancing on the tip of a needle with respect to the incoming Trump Administration, foreign developers such as Ørsted, Equinor, and Vestas should make it clear that they are not participating… Read More
Ørsted announced it is divesting a 50% equity stake in three U.S. onshore projects to Energy Capital Partners (ECP), a leading energy transition-focused investor and the largest private owner of power generation and renewables in the US. The farm-downs include two solar farms in Texas, Mockingbird Solar (468 MW) and Sparta Solar (250 MW), and… Read More
HOUSTON, Dec. 19, 2024 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announced today the receipt of several dredging awards totaling $182 million. The awarded work includes: Manasquan Inlet to Barnegat Inlet Ocean City Beach Renourishment Project (Coastal Protection, New… Read More