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Millennium Management LLC acquired a new stake in Great Lakes Dredge & Dock Co. (NASDAQ:GLDD) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 339,046 shares of the construction company’s stock, valued at approximately $2,244,000. Millennium Management LLC owned approximately 0.54% of Great Lakes… Read More
ZAGREB, April 24, 2019 – Finance Minister Zdravko Maric told Croatian Radio that over the next few weeks the state will pay between 400 and 500 million kuna to cover the enforced guarantee for the Pula-based Uljanik shipyard, adding that the government would do everything so that the company that commissioned the construction of a… Read More
ENR Texas & Louisiana’s August 5 print issue will feature our annual Top Contractors ranking. We’ll be ranking the region’s top contractors by revenue, by state and by sector. Responding firms include those doing business in Arkansas, Louisiana, Mississippi, Oklahoma and Texas. Below you’ll find a preview of just some of the firms you can… Read More
Ross Labs, LLC has upgraded its 825C single beam sounder to include Ethernet transmission of echograms — digitized analog data — to the HYPACK Single Beam Editor program. “This feature allows the transfer of the echogram data to Hypack Survey in real-time so it can be displayed, time-synced and stored along with the other raw… Read More
WASHINGTON, April 18, 2019 /PRNewswire/ — The members of the American Waterways Operators, the national tugboat, towboat and barge industry association, elected a new slate of leaders earlier this month during the association’s annual Spring Convention held in Washington, D.C. Scott Merritt, former Chief Operating Officer for Foss Maritime Company, LLC, was elected Chairman. Arthur… Read More
On Wednesday, d’Amico Shipping Italia pleaded guilty to concealing the illegal discharge of oil in violation of MARPOL regulations. The crew of the d’Amico tanker Cielo di Milano admittedly bypassed the vessel’s oily water separator by discharging bilge water and oily waste from the vessel’s engine room through its sewage system into the sea. The… Read More
Over the objections of some tenants who had requested a national search to fill the prominent position, the board that oversees Ventura Harbor chose a new leader from within. During a special meeting Thursday, Ventura Port District commissioners voted 4-1 to name Brian Pendleton the next general manager. He will succeed Oscar Peña, whose contract… Read More
Great Lakes Dredge and Dock completed the emergency restoration of the Atlantic Ocean’s Gilgo Feeder Beach in the Town of Babylon, Long Island. The project restored coastal storm risk reduction measures that reduce the risk of barrier island breaches and protect critical infrastructure. The work, led by the U.S. Army Corps of Engineers Jacksonville District,… Read More
HOUSTON, April 17, 2019 (GLOBE NEWSWIRE) — Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”) a leading specialty construction company, today announced the award of multiple contracts with a total value of approximately $35 million. The Company’s Marine segment, has recently been awarded three contracts for dredging services along the Texas Gulf Coast. The Company’s… Read More
Bethann Rooney is promoted to deputy director and Andy Saporito is named senior adviser for special projects. The Port Authority of New York and New Jersey announced Monday that Sam Ruda, the Port Department’s interim director for the past five months, has been named its new director. Ruda (pictured above), who came to the Port… Read More
At the 2019 Maritime Association of South Carolina Annual Meeting and Gala, Great Lakes Dredge & Dock Company, LLC (GLDD) was awarded the Environmental Stewardship Award. This prestigious award is granted for exemplary performance in protecting the environment by advancing awareness, upholding safety best practices, and providing training to prepare for “worst case” scenarios. The… Read More
On April 11, the Port of Tacoma Commission held a public meeting to vote to proceed with two executive director candidates recommended by the search committee. The two candidates are Todd Coleman of Spokane and Eric Johnson of Olympia. Coleman currently serves as the executive director of the West Plains/Airport Area Public Development Authority in… Read More
Two governments have decided to take matters into their own hands by purchasing dredges and using government staff to get the work completed. Both the City of Whiting, Indiana, and the Illinois Department of Natural Resources (IDNR) purchased Ellicott Dredge Technologies (EDT) 2019 IMS Model 5012 LP Versi-Dredge® systems to complete dredging projects at their… Read More
By Heiko Osterchrist, Associate Publisher, DredgeWire Phyllis Harden, a Board Member of the Dredging Contractors of America (DCA), testified on Wednesday before the House Transportation and Infrastructure’s Water Resources Subcommittee. The hearing focused on the needs of the inland waterways and the Harbor Maintenance Trust Fund (HMTF). The Hearing took place at the Capitol Visitors… Read More
Since committing to go global in September 2018, Harvey Gulf has now been awarded contracts in Mexico, Trinidad, Guyana and Suriname. The Company further notes that it has bids for work in Mozambique, Angola, Senegal, Israel, Ghana and Nigeria. CEO Shane Guidry commented, “I want to thank our customers for allowing Harvey Gulf the opportunity… Read More