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U.S. headquartered drybulk shipowner Genco Shipping & Trading Limited is planning to sell ten Handysize vessels as part of its fleet renewal scheme. The sale is being pursued in addition to the fifteen original vessels designated to be sold under the company’s fleet modernization efforts. “This is consistent with our focus on implementing our barbell… Read More
VIRGINIA BEACH, Va. – Feb. 20, 2020 – Cape Henry Associates (CHA) and KOVA Global (KOVA) have formally partnered in pursuit of enhancing and modernizing the United States Navy’s training curriculum. CHA and KOVA came together to form Tanya Faye Kocha, LLC (TFK), a joint venture company that leverages the talents and technology of both… Read More
Crowley Maritime Corp. announced today that Ray Fitzgerald, who began his career with Crowley and most recently served as president and chief operating officer of Wallenius Wilhelmsen Solutions, and chairman of American Roll-on Roll-off Carrier (ARC), will rejoin the company March 1 as chief operating officer reporting to Tom Crowley, company chairman and CEO. He… Read More
OAK BROOK, Ill., Feb. 19, 2020 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (Nasdaq:GLDD), the largest provider of dredging services in the United States, today reported financial results for the quarter and year ended December 31, 2019. Fourth Quarter 2019 Highlights Revenue was $164.3 million in the fourth quarter, a decrease of $8.9… Read More
Celebrating Engineering Week at Orion – Day Two In celebration of National Engineers Week (February 16 – February 22), we are highlighting projects to showcase our Engineers’ achievements and contributions to the Orion team. Today, we are highlighting Stephen Walton, P.E. (Project Manager/Engineer of Record), Russ Amlin (Senior Designer), Heath Crittenden, P.E. (Staff Engineer) and… Read More
VT Halter Marine’s maintenance and repair sister company ST Engineering Halter Marine and Offshore, Inc. (STEHMO), is expanding in Pascagoula, Miss., adding dock space and water depth adjacent to its Bayou Casotte site. The company also is investing in machinery, equipment and building upgrades. The Mississippi Development Authority (MDA), which is providing assistance to offset… Read More
The Offshore Marine Service Association (OMSA) has announced the institution of the Robert J. Alario Distinguished Achievement Award. It is named after former OMSA Chairman and President Robert “Bob” Alario, who received the inaugural award in a private ceremony organized by OMSA last month in New Orleans. “Bob is one of the most dedicated advocates… Read More
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