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Acquisition Accelerates Growth Strategy by Adding Elssi’s Specialized Testing Services to Unimed’s Global Comprehensive Maritime Compliance Solutions NEW YORK–Universal Maritime Solutions (“Unimed” or “the Company”), the leading global provider of medical and compliance solutions to the maritime industry, today announced the acquisition of Elssi Maritime Services (“Elssi”), a Greece and Cyprus-based leading provider of drug… Read More
Seamless Transition Advances Crowley’s Continued Growth in Supply Chain Sectors Key Facts: New COO Megan Davidson will build on Crowley’s talent and culture to grow the business and deliver results. Crowley is a 5,000-employee maritime, logistics and energy company that has operated in the U.S. and internationally since 1892. Ray Fitzgerald becomes advisor to Crowley… Read More
A U.S. defense tech startup specializing in autonomous ships is pushing to enhance its competitiveness in the fast-growing market with a $300 million investment to expand its production facility. Texas-based Saronic Technologies wants to deliver autonomous ships at speed and scale with the massive investment to expand its Franklin, Louisiana, shipyard. The firm, which began… Read More
Global trade is on track to surpass $35 trillion for the first time in 2025, marking a 7% increase over 2024 despite mounting geopolitical tensions and rising costs that have begun to slow momentum heading into the new year, according to UN Trade and Development’s (UNCTAD) final Global Trade Update of 2025. The maritime sector… Read More
A highlight at the Workboat Show was a get-together between friends at The Dutra Group and Eastern Shipbuilding Group, Inc. and Crowley to celebrate the team building the “Adele”. Per Bill Dutra “This major investment continues The Dutra Group’s recapitalization efforts and focuses our resources on Dutra’s commitment to supporting America’s Jones Act fleet, our… Read More
WorkBoat Show panel cites budget gridlock, permitting politics, and outdated environmental rules At this year’s International WorkBoat Show, industry leaders said the U.S. dredging market remains strong in the long term but continues to be disrupted by federal budget uncertainty and expanding permitting hurdles. Great Lakes Dredge & Dock senior vice president David Johanson said… Read More
Experienced executive promoted to top role by Harbor Commission The Long Beach Board of Harbor Commissioners today announced that at its Dec. 8, 2025 Board meeting, Commissioners will consider the appointment of longtime Port of Long Beach executive Dr. Noel Hacegaba as the Port’s next Chief Executive Officer, effective Jan. 1, 2026. Currently the Port’s… Read More
The American Waterways Operators recently issued the following statement in support of H.R. 6410, the Atlantic Coast Shipping Safety Act, introduced by Reps. David Rouzer (R-NC), Laura Gillen (D-NY), and Buddy Carter (R-GA), which requires the Coast Guard to complete the process of establishing fairways for commercial navigation along the Atlantic Coast: “The American tugboat,… Read More
Crowley has been recognized by the Chamber of Shipping of America (CSA) for its commitment to environmental stewardship, earning Environmental Achievement Awards for 108 Crowley-operated vessels that have collectively earned 958 years without an incident. The awards celebrate companies and mariners who maintain the highest standards of safety and ecological protection. Crowley’s achievement reflects its… Read More
December overview As we enter December, supply chains are navigating the final stretch of peak season. Ocean capacity remains available on key trades, while we continue to monitor developments in the Red Sea. Inland networks face continued pressure from railcar shortages and driver constraints, and ground freight shows tightening fundamentals despite stable rates. Warehousing strategies… Read More
President Trump this week “signed off on what we’re calling the Golden Fleet,” Navy Secretary John Phelan told Axios on Saturday. Why it matters: Exactly what the Golden Fleet comprises — or how it begins taking shape, let alone gets built — has been the subject of much expert speculation and opinion-page banter. Driving the news: Phelan’s response to Axios at the Reagan… Read More
WESTMINSTER, Colo., Dec. 5, 2025 /PRNewswire/ — Trimble® (Nasdaq: TRMB) announced today that the Board of Directors authorized the repurchase of up to $1.0 billion in shares of the Company’s common stock. The stock repurchase authorization does not have an expiration date and replaces the prior authorization of up to $1.0 billion, of which $273 million was remaining as of the end of… Read More
WESTMINSTER, Colo., Dec. 3, 2025 /PRNewswire/ — Trimble® today announced Southeastern Equipment Company as the newest Trimble Technology Outlet. Southeastern Equipment will now sell Trimble grade control, site positioning systems and correction services technology directly to customers using Case, Kobelco, BOMAG, Gradall and Kubota earthmoving equipment. This includes dozers, excavators, motor graders, soil compactors, mini-excavators and compact track loaders. Trimble Technology Outlets are… Read More
Morgan City, Louisiana — December 4, 2025 — Conrad Shipyard, LLC, a premier U.S. shipbuilder, and Samsung Heavy Industries Co., Ltd. (SHI), one of the world’s leading shipbuilders, today announced the signing of a Memorandum of Understanding (MOU) that formalizes a collaborative framework to jointly explore opportunities in the rapidly expanding U.S. LNG bunkering market. Under… Read More
Davie Defense has completed its acquisition of Gulf Copper & Manufacturing Corporation’s shipbuilding assets in Galveston and Port Arthur, Texas, marking a significant expansion of the Canadian-backed company’s footprint in the American maritime sector. The transaction, announced December 3, received all required U.S. government approvals, including clearance from the Committee on Foreign Investment in the United States…. Read More