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Foss Maritime reports that Will Roberts has been appointed as the organization’s next president. Roberts was formerly the Chief Operating Officer for Foss. “It was evident to our leadership team that Will’s ability to perform at the highest level along with his business acumen continues to align very well with our organization,” said Jason Childs,… Read More
Huntington Ingalls Industries (NYSE: HII) reports that Keith Munn has been promoted to vice president, business management, and chief financial officer for Ingalls Shipbuilding. In his new role, he will be responsible for all financial management, contract management and business management functions at Ingalls. Munn will be located at HII’s Ingalls Shipbuilding division in Pascagoula,… Read More
Rhode Island official discusses putting environmental concerns in forefront of next Congress. Under the general rationale that his home state and Georgia both are on the Atlantic Ocean and threatened by rising seas and other climate-related dangers, U.S. Sen. Sheldon Whitehouse (D-RI) in the days before Thanksgiving and again after Christmas toured from Pin Point… Read More
HOUSTON–(BUSINESS WIRE)–Jan. 7, 2021– Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today announced that its CEO Mark Stauffer and VP of Investor Relations Francis Okoniewski, will participate in the Sidoti Virtual Small Cap Conference on Wednesday, January 13, 2021 at 10:45 -11:15 am ET. To schedule a one-on-one meeting… Read More
GIS Partners with NuWave Group GIS is pleased to announce the recent partnership with NuWave Group! Effective January 1, 2021, GIS finalized agreements and brought on NuWave as a new division within the corporate family of companies to provide Blasting and Coatings services within the Offshore, Refinery, and Pipeline sectors. “In 2021, GIS will continue… Read More
As the challenging year that was 2020 has come to a close, we have a lot to be thankful for at Sevenson Environmental. Thank you to all of our employees that worked tirelessly through these trying times of the global pandemic and helped us have a successful year. We continue to have the best and… Read More
Beloit, Wis., headquartered Fairbanks Morse has acquired Thomaston, Conn., based Ward Leonard Operating LLC, a leading provider of motor and control solutions for military applications. The acquisition will expand the scope of power and propulsion equipment and aftermarket services that Fairbanks Morse, a portfolio company of Arcline Investment Management, provides to its core customers, including… Read More
MIAMI – Jan. 5, 2021 – Marine Marketers of America (MMA) today announced the election of new officers and appointment of new board members. New officers for 2021 are Courtney Chalmers, president, and Kristen Frohnhoefer, vice president. Romina Bompani continues in her role as secretary of the association. New board members serving three-year terms include… Read More
North Little Rock, Ark., headquartered commodity trading, distribution, and transportation company Bruce Oakley Inc., has acquired a grain terminal facility in Cahokia, Ill., from American Milling. Oakley plans to operate the terminal in partnership with Oakley St. Louis (formerly Lange-Stegmann), as the Oakley STL Grain Terminal. The terminal has six truck dumps, two barge berths,… Read More
ACQUISITION ESTABLISHES ENCORE AS A PREMIER DREDGING AND MARINE INFRASTRUCTURE SERVICES PLATFORM HOUSTON–(PR Distribution)—January 5, 2021—Encore Dredging Partners, LLC. a newly formed premier specialty dredging and marine infrastructure services firm today announced the acquisition of Inland Dredging Company, LLC for an undisclosed purchase price. EDP completed the transaction with the support of AV Capital who… Read More
The Kitty Hawk offshore wind farm can be expected to deliver substantial economic growth and employment to Virginia and North Carolina, according to the project’s economic impact study (EIS), with nearly 1,000 jobs to be created once the wind farm is operational. Along with the USD 2 billion in economic impact between 2021 and 2030,… Read More
Oil major ExxonMobil has stated that it would have to write down assets up to $20 billion regardless of higher oil and gas prices and improved chemical margins. Exxon stated in a regulatory filing that higher prices and margins would aid fourth-quarter results, but that the gains would be overshadowed by the write-down. The oil… Read More
Source: linkedin
Marks the Company’s largest acquisition to date, further expanding its presence in Florida BUFORD, Ga., Jan. 04, 2021 (GLOBE NEWSWIRE) — OneWater Marine Inc. (NASDAQ: ONEW) (“OneWater” or “the Company”) announced today that it has completed the acquisition of Walker Marine Group, marking the largest acquisition in the Company’s history, further expanding its presence in… Read More
NEW YORK, Dec. 21, 2020 (GLOBE NEWSWIRE) — Genco Shipping & Trading Limited (NYSE:GNK) the largest U.S. headquartered drybulk shipowner focused on the transportation of major and minor bulk commodities globally, today announced that it has entered into an agreement to acquire three modern, eco Ultramax vessels in exchange for six older Handysize vessels. The… Read More