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On Wednesday, May 29, 2019, the Port of Corpus Christi will celebrate the commencement of the Port of Corpus Christi Ship Channel Improvement Project, marking a significant milestone in the United States’ progress to becoming the net exporter of the nation’s energy production. Following the 40-year ban on crude oil exports, the Port of Corpus… Read More
The Port of Seattle announced on May 8 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… Read More
At Brightstar Capital Partners, we have a sharp focus on investing in and growing the value of middle market companies. A vital element of our value-creation model is the industry expertise that our roster of Partners brings to our investment process and our portfolio companies. One of our Partners, Raul A. Deju, is the Chairman… Read More
Congressman Mario Diaz-Balart (FL-25) was recognized by The American Association of Port Authorities (AAPA) as the 2019 “Port Person of the Year.” Diaz-Balart, who has served in the Transportation, Housing and Urban Development Appropriations Subcommittee since 2015, has been a committed supporter of the port industry and has fought to bring millions of dollars to… Read More
Spread the news! Great Lakes’ newest clamshell dredge, No. 58, has officially started dredging operations! On May 8th, Dredge Captain Phil Sanzone and Dredge Technical Manager Doug Wittwer successfully completed the commissioning of No. 58, in which it commenced dredging operations in Charleston, SC. Capt. Sanzone and Chief Wittwer provided the leadership and effort required… Read More
Coast Guard Sector Jacksonville has a new man in charge following a Tuesday change of command ceremony. Capt. Mark Vlaun relieved Capt. Todd Wiemers during the ceremony at Naval Station Mayport, taking over command of a patrol area encompassing 40,000 square miles of ocean and inland waterways stretching from Kings Bay in Georgia to Port… Read More
HOUSTON, May 14, 2019 (GLOBE NEWSWIRE) — Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today announced a contract award of approximately $15 million. The Company’s Marine segment was recently awarded a contract from the North Carolina State Ports Authority for the construction of the Turning Basin Expansion project in… Read More
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