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Last year IBM and Danish shipping conglomerate Maersk announced the limited availability of a blockchain-based shipping tool called TradeLens. Today, the two partners announced that a couple of other major shippers have come on board. The partners announced that CMA CGM and MSC Mediterranean Shipping Company have joined TradeLens. When you include these companies together… Read More
COPENHAGEN, Denmark and ARMONK, N.Y., May 28, 2019 /PRNewswire/ — Global container carriers CMA CGM and MSC Mediterranean Shipping Company (MSC) today announced they will join TradeLens (www.tradelens.com), a blockchain-enabled digital shipping platform, jointly developed by A.P. Moller – Maersk (MAERSKb.CO) and IBM (NYSE: IBM). More than 90 percent of global trade is carried out… Read More
The American Association of Port Authorities (AAPA) presented the 2019 Port Person of the Year award to Rep. Mario Díaz-Balart, R-Fla. The award was presented last week following the Congressional PORTS Caucus in Washington, D.C. Díaz-Balart (pictured above center) is the ranking member of the House Appropriation Committee’s Transportation, Housing and Urban Development (T-HUD) Subcommittee…. Read More
It is always fun for our team to take a concept and see it come to life. Another DSC Marlin Class Dredge on the water! www.dscdredge.com#DSCDredge#TheRightChoice#DredgeLife Source: linkedin.com
William D. McKnight has been elected the new Chairman of Georgia Ports Authority (GPA). McKnight, who has served as vice chairman since 2018, will assume his new responsibilities July 1. “I’m excited to help lead the GPA at a time when Gov. Kemp has made the success of small business a major priority,” McKnight said…. Read More
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The contract involves the Northwest Seaport Alliance’s Terminal 5 Improvements Project, which aims to modernize it to handle larger container vessels Investors on Wednesday boosted shares of Orion Group Holdings Inc (NYSE:ORN) after the specialty construction company announced the Port of Seattle has awarded it a $160 million contract. The contract involves the Northwest Seaport… Read More
McLean, May 23, 2019 (GLOBE NEWSWIRE) — Alion Science and Technology Corporation, headquartered in McLean, Va., announces today that it has entered into a definitive Asset Purchase Agreement to sell its Naval Systems Business Unit, including its Canadian business and a small number of related contract operations (collectively ‘NSBU’), to Serco Inc. for $225 million…. Read More
HOUSTON, May 23, 2019 (GLOBE NEWSWIRE) — Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”) a leading specialty construction company, today announced a contract award of approximately $9 million. The Company’s Marine segment has been awarded a contract from Refineria Texaco de Honduras S.A., a wholly owned subsidiary of Chevron Corporation, for repairs and life… Read More
WATSONVILLE, Calif.–(BUSINESS WIRE)–Granite Construction Incorporated (NYSE: GVA) announced today that it has further strengthened its position in the water and wastewater market by acquiring certain assets of Lametti & Sons, Inc. (“Lametti”), a Minnesota-based company with expertise in cured-in-place pipe (CIPP) rehabilitation and trenchless renewal. Lametti is one of the original certified installers of the… Read More
The Dredging Contractors of America is pleased to support National Maritime Day 2019. The President issued a proclamation on May 20, 2019 designating May 22nd as National Maritime Day. Featured image above: Catherine (Kay) Morrison receiving the ‘Rossie the Riveter’ award from Newport News Shipbuilding President Jennifer Boykin and The Honorable Mark Buzby, USN (Ret),… Read More
It is with great excitement that we are finally able to present you a brand new MEOP product, the MEOP-SMS database. The MEOP-SMS database is a collection of CTD data gathered with CTD-SRDLs attached to elephant seals. The CTD-SRDLs were set in continuous recording mode, and could be recovered in the field, enabling retrieval of… Read More
Celebrating National Maritime Day to thank President Trump and U.S. Rep. Steve Scalise of Louisiana as well as U.S. Senators John Kennedy and Bill Cassidy of Louisiana; Senators Roger Wicker and Cindy Hyde-Smith of Mississippi; and Senators Lisa Murkowski and Dan Sullivan of Alaska! The U.S. Dredging sector is part of the Maritime Industry that… Read More
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