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Jeffersonville, Ind., headquartered American Commercial Lines Inc., one of America’s largest barge transportation companies, reports that it has entered into a restructuring support agreement (RSA) with a substantial majority of its term loan lenders on a “pre-packaged” plan to recapitalize the business and significantly reduce the company’s debt. Under the terms of the RSA, ACL… Read More
Looks can be deceiving–While our Massey’s Ditch team dredges along in a picturesque setting, our onsite engineer says roughly 18 billion gallons of water ebb and flow during tide changes…causing a really rough environment in such a shallow channel. Source: linkedin.com
Contract terminated with B&R Enterprises ST. ANTHONY, N.L. — St. Anthony is looking for a new contractor to complete the dredging of Harbour Rock. The St. Anthony Port Authority confirmed to The Northern Pen on July 16 that it had reached an agreement with B&R Enterprises to terminate its contract. The town will now look… Read More
C-Job Naval Architects will expand its business to the United States by opening a dedicated branch office in Houston, Texas this summer. Basjan Faber, CEO at C-Job, the largest independent ship design and engineering company in the Netherlands, says “At C-Job we believe clients should be closely involved in the entire ship design process, as… Read More
An military officer who began her service career in South Carolina has returned to the Palmetto State to lead the Army Corps of Engineers in Charleston. Lt. Col. Rachel Honderd assumed command of the Charleston District office on Friday, replacing Lt. Col. Jeffrey Palazzini, who will attend the College of International Security Affairs in Washington,… Read More
Dan Leagjeld will continue operating his dredging business, but objectors of his request to amend the Crow Wing County land use map to allow it were not celebrating. The Crow Wing County Board of Commissioners approved at its Tuesday, July 9, meeting Leagjeld’s petition to amend the map from “shoreland district” to “waterfront commercial” for… Read More
Jefferson, La., headquartered naval architecture firm MiNO Marine LLC reports that Conrad Amelia Shipyard will soon start production of the second vessel based on its new 6,000 hp inland towboat design. The MiNO 6000 Class Towboat design is a modern, Subchapter M compliant, vessel 166 ft in length and 49 ft wide (overall) with a… Read More
ExxonMobil has introduced EMF.5, its range of Engineered Marine Fuels developed ahead of the International Maritime Organization’s (IMO) global 0.50 percent sulfur cap. It says that all the fuels in the range are specifically engineered to help vessel operators comply with the 2020 regulations without compromising on quality and that “all EMF.5 fuels announced to… Read More
We extend our congratulations to Dr. William F. Heard, of our U.S. Army Engineer Research and Development Center’s Geotechnical and Structures Laboratory, who has been announced as a recipient of the Presidential Early Career Award for Scientists and Engineers. The PECASE is the highest honor bestowed by the United States Government to outstanding scientists and… Read More
The DRAGFLOW DRM amphibious dredger is the cutting edge of technology for all applications where versatile machinery is needed, capable of moving on land and in water. In this video we show you the scrupulous controls to which a DRM is being submitted before arriving to the end customer.
Accelerates Transformation to a Global Market Leader of Environmental Solutions Completes Successful Financing and Increases Revolving Credit Facility CAMP HILL, Pa., June 28, 2019 (GLOBE NEWSWIRE) — Harsco Corporation (NYSE: HSC) announced today that it has completed its previously announced acquisition of Clean Earth, Inc. (“Clean Earth”). With the Clean Earth acquisition, Harsco gains entry… Read More
Manalapan woman receives civil engineering award Dana Hecht, a longtime public servant from Manalapan, received this year’s Government Civil Engineer of the Year Award from the American Society of Civil Engineers. Hecht comes with close to 27 years of experience in transportation and will spearhead the development of the groundbreaking PATH to Newark Extension project… Read More
Martingale Asset Management L P bought a new position in shares of Great Lakes Dredge & Dock Co. (NASDAQ:GLDD) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 114,016 shares of the construction company’s stock, valued at approximately $1,017,000…. Read More
BOURNE – A new Barnstable County dredge is scheduled to arrive and go into operation by October. Earlier this month, county commissioners awarded a $1.24 million contract to Ellicott Dredges of Baltimore to purchase the dredge. The new excavator will be more similar to the Cod Fish, a dredge the county has used for more… Read More
The Massachusetts Port Authority has named a new leader. Massport announced Thursday that its next CEO will be Lisa Wieland, an internal candidate who has been with the organization since 2006. The board of directors voted to name Wieland, Massport’s current port director, as the head of the organization for the next five years. She… Read More