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GE Vernova’s first Sustainability Report offers comprehensive overview of company’s mission to electrify and decarbonize the world Outlines four-pillar sustainability framework – Electrify, Decarbonize, Conserve, and Thrive – with leading goals aimed at aligning business performance with sustainability performance Launches approach to sustainability operations through a new management system called “Control Room” Key metrics from 2023 include… Read More
GE Vernova, an energy spinoff company of General Electric, reportedly plans to lay off approximately 900 employees from its offshore wind business due to financial difficulties. New Delhi : GE Vernova, the energy company, will reportedly lay off around 900 employees from its offshore wind business amid financial struggles. As per reports, GE Vernova, a… Read More
Mike Cole, Purchasing Manager for The Dutra Group, is stepping into retirement. During his long tenure, Mike played a pivotal role in the company’s operations, expansion, and prosperity. As manager of all procurement activities, Mike is well known for his strong work ethic, his decades long personal ties with vendors, and his unparalleled industry knowledge. His signature look, a Ticonderoga pencil at the ready behind his ear, sharp wit, and booming laugh will be missed. The Dutra Group recently honored Mike’s retirement with… Read More
Crowley has been honored by the National Diversity Council as a 2024 National Top Employer for Latino Leaders during its annual National Latino Leadership Conference this week. The award recognizes the company’s longstanding commitment to cultivating Hispanic talent and fostering an inclusive work environment for all people. Crowley prioritizes actions to empower and support its… Read More
Arlington, VA: The American Waterways Operators, the trade association of the American tugboat, towboat and barge industry, is urging California Governor Gavin Newsom to protect mariner and port safety by signing Assembly Bill 1122 into law, noting that an Executive Order recently issued by the California Air Resources Board (CARB) does not fully address the… Read More
Download this Press ReleasePDF Format HOUSTON — Kawasaki Heavy Industries, Ltd. (Kawasaki) and CB&I, a wholly owned unrestricted subsidiary of McDermott, announced today their signing of a strategic agreement for promoting a commercial-use liquefied hydrogen (LH2) supply chain and realizing a zero-carbon-emission society. The signing ceremony took place at Gastech Exhibition & Conference in Houston… Read More
HOUSTON and SINGAPORE — McDermott and BW Offshore have entered into a collaboration to advance the technical and commercial viability of offshore blue ammonia production. This strategic partnership aims to enable a viable pathway for offshore blue ammonia production, contributing to the global transition to low-carbon energy sources, and reinforcing both companies’ commitment to sustainable… Read More
John Pérez was unanimously approved as the Los Angeles Harbor Commission’s newest member on Friday, Sept. 20, by the Los Angeles City Council. The vote came following a contentious debate within the San Pedro-Wilmington communities when L.A. Mayor Karen Bass did not reappoint popular local commissioner Diane Middleton of San Pedro but instead nominated Pérez, who lives… Read More
Regional insights and information to keep your logistics ahead of the curve. This month, we explore the evolving global economic landscape, shaped by solid U.S. growth and Europe starting to emerge from a prolonged slowdown. The global shipping market, although still fragile, is starting to balance as we look towards Q4. Our September market update… Read More
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has entered into an agreement with Rolls-Royce to acquire its Naval Propulsors and Handling business. The acquisition will include a range of propellers and waterjets for naval applications, as well as marine handling systems, which enable the deployment and recovery of manned and unmanned… Read More
An Alabama shipyard won a $450M contract from submarine builder General Dynamics Electric Boat to expand its submarine construction business, according to a Friday regulatory filing. Austal USA, the U.S. subsidiary of Australian shipbuilder Austal, won the award to build a modular fabrication and outfitting facility for modular components of submarines at its yard in… Read More
VICKSBURG, Miss. – The U.S. Army Corps of Engineers (USACE) Vicksburg District has selected Cheryl Boyd as chief of the Resource Management Division. The Resource Management Division is responsible for all district level financial management activities and offers professional financial advice, guidance, and policy interpretations while ensuring the implementation of procedural controls, processing of reports and… Read More
Greensea IQ, a leading provider of autonomous underwater robotics solutions, is pleased to announce a new partnership with Baker Marine Solutions (BMS). Through this partnership, BMS will serve as a subcontractor and sales representative for EverClean, Greensea IQ’s innovative hull cleaning service. BMS will provide EverClean services throughout Louisiana, including at the Port of New Orleans, and expand… Read More
Week subsidiary, Healy Tibbitts Builders, received three Awards of Excellence at the General Contractors Association of Hawaii 2024 Build Hawaii Awards. These awards are a testament to Healy Tibbitts’ collective commitment to safety, quality, and outstanding project management and showcase their diverse skill sets. The winning projects and categories are: 1. Lahaina Small Boat Harbor… Read More
Marine Equipment Solutions (MES), a leading provider of innovative marine construction equipment and services, is proud to announce a significant milestone in its journey toward greater industry leadership and customer satisfaction. The company, which unites the strengths of Poseidon Barge, Rasmussen, and PortaDam, is excited to share its new unified brand and vision for the… Read More