MIDDLETOWN, R.I., May 13, 2019 (GLOBE NEWSWIRE) — KVH Industries, Inc., (Nasdaq: KVHI), today announced that it has sold its maritime training business, the Videotel group of companies, to an affiliate of Oakley Capital for a base purchase price of $90 million, on a cash-free, debt-free basis, subject to working capital adjustments. The sale was… Read More
CLEARWATER — Hank Hodde will become Pinellas County’s new Sustainability and Resilience Coordinator in July. Hodde comes to Pinellas County with a strong background in community resiliency planning, coastal resource management and climate change adaptability. He most recently worked as a planning and policy manager for Smart Home America. Prior to that, he worked as… Read More
Great Lakes Dredge & Dock Corporation (GLDD) revealed 8-K form on May 09, 2019 accessible here. Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth in Item 1.01 of this Form 8-K is hereby incorporated by reference into this Item 2.03…. Read More
Upon Completion of Strategic Transactions, Environmental Solutions and Services to Represent Nearly 80% of Harsco’s Total Revenue Clean Earth Business Adds Recurring Revenue Streams, Strong Growth Potential and Access to Markets with High Regulatory Barriers to Entry Harsco to Host Conference Call at 8:30 a.m. ET to Discuss Transaction and Earnings CAMP HILL, Pa., May… Read More
SEATTLE – The Port of Seattle announced that Bookda Gheisar will serve as the Port’s first Senior Director for Equity, Diversity, and Inclusion and lead the Port’s first ever Equity Department, beginning June 12. Prior to joining the Port, Gheisar served as Policy Advisor for King County’s Office of Equity and Social Justice, in the… Read More
BlueGrace Logistics announced Wednesday that Justin Pinchback has joined the company as the chief people officer. Pinchback (pictured above) will be responsible for all recruiting, training, employee engagement and human resources. He comes to Tampa, Fla.-headquartered BlueGrace from Citadel, a financial services company based in Chicago. BlueGrace said Pinchback “brings a passion for human capital… Read More
Australian investment bank Macquarie Group has agreed to sell two North American terminals to PSA International, the giant Singaporean port operator. Subject to regulatory approval, PSA will acquire Halterm Container Terminal at the Port of Halifax, Nova Scotia and Penn Terminals in Philadelphia. The deal gives PSA its second facility in Canada after its purchase… Read More
HOUSTON, May 09, 2019 (GLOBE NEWSWIRE) — Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today reported financial results for the first quarter ended March 31, 2019. First quarter highlights are discussed below. First Quarter 2019 Highlights Contract revenues were $143.1 million, up nearly 5% from $136.8 million for the… Read More
Great Lakes Dredge & Dock (GLDD) Corporation reported financial results for the second quarter ended March 31. Chief Executive Officer Lasse Petterson said, “The first quarter of 2019 was an exceptional quarter driven by strong project performance, resulting in net income from continuing operations of $20.5 million and an adjusted EBITDA from continuing operations of… Read More
The Coast Guard Foundation, a non-profit organization committed to the education and welfare of all Coast Guard members and their families, recently recognized Chairman and CEO Tom Crowley Jr. and Crowley Maritime Corporation for more than 30 years of support at its 25th Tribute to the Coast Guard Seventh District event in Fort Lauderdale, Fla…. Read More
Brings an Extensive Record of Ocean Carrier Sales and Port Experience NORFOLK, VA – Tony Salino is The Port of Virginia’s® new director of ocean carrier sales bringing to the position extensive experience in transportation industry, having worked for multiple ocean carriers and most recently, one of Virginia’s U.S. East Coast peer ports. The announcement… Read More
General Marine Services (GMS) Baton Rouge, La., recently christened the M/V Syble Fay at McKinney Salvage & Heavy Lift’s fleet. Named for company owner Gene Moore’s late mother, the towboat is General Marine Services’ fourth vessel. “She was the heart and soul of our family,” Moore said of his mother, who died in 2012. The… Read More
MarketResearchNest.com adds “Global Dredger Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024”new report to its research database. The report spread across in a 121 pages with table and figures in it. This comprehensive Dredger Market research report includes a brief on these trends that can help the businesses operating in the industry… Read More
We kick-off Construction Safety Week (May 6-10), with the latest issue of our company newsletter, Manson Navigator, focused on safety issues and topics around the Company. Our cover photo was selected from the overwhelming feedback we received from our LinkedIn community to one of our Photo of the Day submission by Manson’s dredge engineer, Source: Manson… Read More
Millennium Management LLC purchased a new stake in Great Lakes Dredge & Dock Co. (NASDAQ:GLDD) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 339,046 shares of the construction company’s stock, valued at approximately $2,244,000. Millennium Management LLC owned about 0.54% of Great Lakes… Read More