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Great Lakes Dredge & Dock Corporation GLDD has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock. And for technical investors there is some hope when looking at GLDD given that, according to its RSI reading of 29.70, it is… Read More
Concluded BEYA 2020 by signing 68 Tentative Job Offers, while taking in hundreds of resumes! My Congratulations to the entire US Army Corps of Engineers Recruiting Team and to all of our Future Employees! Source: linkedin.com
OAK BROOK, Ill., Feb. 12, 2020 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) today announced that it will release the financial results for its three and twelve months ended December 31, 2019 on Wednesday, February 19, 2020 at 7:00 a.m. C.S.T. A conference call with the Company will be held the… Read More
Originally posted on 10/3/2019 Arc Surveying & Mapping, Inc., Jacksonville, Florida presents game changing geophysical surveys and user friendly Demco Aquares 3D Subsurface Scanner Technology. Visualize the subsurface in a manner never before possible. The Aquares technology, developed by Demco NV, has been used worldwide and by the US Army Corps of Engineers in previous… Read More
Huntington Ingalls Industries (NYSE: HII) announced today that its Technical Solutions business has entered into an agreement to contribute its San Diego Shipyard to Titan Acquisition Holdings, a company comprised of Vigor Industrial and MHI Holdings. Titan is controlled by majority owner the Carlyle Group and Stellex Capital Management. After the transaction, HII will hold… Read More
On Monday, Great Lakes Dredge and Dock Company positioned the Illinois, a 220 foot long Cutter Suction Dredge, just inside Shinnecock Inlet. Once the pipe is put together and positioned it will start pumping appx 600,000 cubic yards onto the beach just west of the Shinnecock Inlet jetty to shore up the beach that was… Read More
The Aqua superyacht is a futuristic design that is 370ft-long, comprised of five decks, and runs off liquid hydrogen meaning it only emits water. Design studio Sinot said the exterior of the vessel was inspired by ocean swells, the movement of the tides, and weather out on the open ocean Bill Gates, 64, had been… Read More
Originally Posted On 1/21/2020 DredgeWire Associate Publisher Heiko Osterchrist sat down with Callan Marine’s President, Maxie McGuire during the WEDA Gulf Coast Chapter Conference in Galveston, TX. for an in-depth exclusive interview. Heiko Osterchrist sat down with Callan Marine’s President, Maxie McGuire during the WEDA Gulf Coast Chapter Conference in Galveston, Tx. for an in-depth… Read More
Originally Posted On 11/12/2019 By Heiko U. Osterchrist, Associate Publisher, DredgeWire DredgeWire’s Associate Publisher, Heiko Osterchrist, sat down with Kruse Integration’s Co-Owner Jay Wise during the WEDA Eastern Chapter Conference in Wilmington, De. for an in-depth exclusive interview. Jay was open and positive about the opportunities and future of the dredging industry as well as… Read More
Originally posted on 1/23/2020 Dutra is made up of three distinct but integrated companies that provide a turn-key, one-stop organization supplying services to those who want to work with an industry leader. Dutra Dredging, Construction, and Materials have the capability to handle the capability to handle any sized project in all aspects of land and… Read More
After 33 remarkable years in the dredging industry, Rose Koenig, Director of Operations for DSC’s Greenbush, Michigan facility retired today. Koenig embarked on her career in the 1980’s when she began working for W&S and shared her expertise for 19 years. She later joined the DSC family after W&S was acquired by the international dredge… Read More
JERSEY CITY, N.J., Feb. 10, 2020 /PRNewswire/ — Rand Logistics, Inc. (“Rand”) has entered into a stock purchase agreement to acquire American Steamship Company (“ASC”) from GATX Corporation. Rand is an affiliate of American Industrial Partners (“AIP”) and provides dry bulk shipping services throughout the Great Lakes region. ASC operates the largest fleet of U.S…. Read More
The US port of Virginia is preparing for a lengthy spell of handling materials and equipment for the establishment of offshore wind energy projects. Last Tuesday, the port’s board of commissioners gave its unanimous blessing to a proposed agreement with Danish offshore wind specialist Ørsted to lease a portion of the Portsmouth Marine Terminal. The… Read More
Jim Newsome, president and CEO of the State Ports Authority, is among five executives who will be inducted into the International Maritime Hall of Fame during an event May 13 in New York City. The hall of fame recognizes global leaders for their contributions to the shipping trade. Newsome has been at the SPA’s helm… Read More
The Offshore Marine Service Association (OMSA), today announced the nominated slate of its Board of Directors for 2020 – 2021. The slate is led by incoming Chairman, Minor “Tony” Cheramie, III and includes the following new Directors: Ashton Laborde: President, Laborde Marine; Garrett Rice: Chief Financial Officer, Master Boat Builders, Inc.; Caitlin Sause: Vice President,… Read More