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The GLDD Laboratory for Dredging and Coastal Studies is almost ready! The Lab was celebrated at an event in College Station on April 16, 2025. Mike Fossum, Chief Operating Officer at Texas A&M Galveston, Sharith Girimaji, Ocean Engineering Department Head, Aruk Jayaraman, Executive Associate Dean College of Engineering, and Kevin McGinnis of the Texas A&M Foundation welcomed… Read More
The advanced legislation reforms the Gulf of Mexico* Energy Security Act by increasing the revenue sharing cap by $150 million yearly for the next decade. BATON ROUGE, La. – The Louisiana Coastal Protection and Restoration Authority (CPRA) Chairman Gordon Dove applauds Majority Leader Steve Scalise (R-La.) and the House Committee on Natural Resources for the passage… Read More
The Western Dredging Association (WEDA) today announced the “Texas A&M Opening Plenary – CEO Panel” will take place Tuesday, June 24, 2025 as part of the first-day of programming of the 24th World Dredging Congress & Exposition (WODCON XXIV). The panel will feature distinguished leaders from four of the dredging industry’s most leading-edge companies, and will be presented by WEDA… Read More
In a series of board and membership meetings last week the Dredging Contractors of America (DCA) unanimously voted to accept Harry Stewart as the President of the DCA Board of Directors and Travis Boone as its Senior Vice President. Harry Stewart is the President and CEO of San Rafael, California based The Dutra Group. Travis Boone… Read More
WASHINGTON — The Trump administration has nominated Stephen Carmel, an executive with Maersk Line Ltd. (MLL), to head the U.S. Maritime Administration, according to documents filed in the U.S. Senate on Tuesday. Carmel replaces Brent Sadler, who had been tapped in March to lead the agency but had yet to undergo a nomination hearing in the Senate…. Read More
Tonight, U.S. Senators Todd Young (R-Ind.) and Mark Kelly (D-Ariz.) joined Special Report on Fox News to discuss their bill to restore our nation’s shipbuilding capabilities and make American ships again. Source
Industry leader Josh Cheshier has been named vice president of operations for the Crowley Fuels business unit, which provides energy distribution and supply chain solutions throughout Alaska. With more than two decades of expertise in the energy sector, Cheshier brings a strong focus on operational efficiency, safety and strategic growth to Crowley. Cheshier has held… Read More
First quarter net income of $33.4 million First quarter Adjusted EBITDA of $60.1 million Dredging backlog of $1 billion at March 31, 2025 HOUSTON, May 06, 2025 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (Nasdaq: GLDD), the largest provider of dredging services in the United States, today reported… Read More
The Executive Office of the President, Office of Managment and Budget (OMB) sent letters to the House and Senate on Friday, May 2, 2025, recommending discretionary funding levels for fiscal year (FY) 2026. Provided therein, is over $1 Billion in cuts from the Harbor Maintenance Trust Fund. The OMB, as an agency, has a long… Read More
Mud Cat would like to congratulate (from left to right) DuWayne Richert, Regional Sales Manager, for 40 years of service, Mike Ziegler, Assembly Lead, for 35 years of service and Todd “The Todd” Johannsen, Parts & Service, for 40 years of service. A combined 115 years of service between these experts in the field of… Read More
The Dutra Group, a leading provider of dredging and marine construction services, has acquired Hanford ARC, a general engineering and landscape contractor specializing in ecological restoration projects with an emphasis on stream and floodplain construction, soil bioengineering, vegetation management, park construction, and erosion control. This strategic acquisition broadens Dutra’s capacity for restoration and adaptive infrastructure… Read More
First quarter 2025 earnings per share of $1.33 Inland marine experienced improved market conditions with a sequential increase in spot market prices and operating margins around 20% despite an increase in delay days Kirby repurchased 1,258,031 shares at an average price of $99.16 for $124.7 million year-to-date through April 30, 2025 Acquired 14 barges, including four specialty barges, and four high… Read More
The keynote speaker for WODCON XXIV will be Major General Jason E. Kelly, Deputy Commanding General for Civil and Emergency Operations for the U.S. Army Corps of Engineers (USACE). “We are honored to have Major General Kelly open the 24th World Dredging Congress and Exposition. WEDA’s partnership and work with the Army Corps of Engineers is… Read More
Paul De Maria Named CEO and Chairman of United States Maritime Alliance (USMX) NORTH BERGEN, NJ – In mid-April, United States Maritime Alliance (USMX) Board of Directors announced the selected of F. Paul De Maria to be CEO and Chairman of USMX. De Maria served as the organization’s chief negotiator in the latest Master Contract… Read More
MIAMI — Royal Caribbean Group (NYSE: RCL) today reported first quarter Earnings per Share (“EPS”) of $2.70 and Adjusted EPS of $2.71. These results were better than the company’s guidance due to stronger than expected pricing on close-in demand and lower costs mainly due to timing. The company is increasing its full-year 2025 Adjusted EPS guidance to $14.55 to $15.55. The increase… Read More