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HOUSTON — Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announced today that the Company’s issuer credit rating has been upgraded to “B-” from “CCC+” by S&P Global Ratings (“S&P”). S&P based its ratings upgrade in part due to the… Read More
MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat, yacht and superyacht services Company, today announced the appointment of Bonnie S. Biumi to its Board of Directors, effective September 1, 2024. Ms. Biumi, 62, will also serve as chair of the Audit Committee, replacing Hilliard M. Eure III, who simultaneously will retire from the Board after 20 years… Read More
HOUSTON, Aug. 28, 2024 (GLOBE NEWSWIRE) — Orion Group Holdings, Inc. (NYSE: ORN) (”Orion” or the “Company”), a leading specialty construction company, announced today that its executive leadership team rang The Opening Bell® on the New York Stock Exchange (“NYSE”) to mark its 15th anniversary as a listed company. In addition, the Company is also celebrating its 30th anniversary. “Today was a special day… Read More
Topic of the Month: The New Era of Peak Season: What You Need to Know and How to Prepare As we approach the bustling months ahead, the logistics and supply chain industry braces itself for one of the most critical periods of the year: Peak Season. This time of heightened activity brings unique challenges and… Read More
HOUSTON, Aug. 26, 2024 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announced today the receipt of several dredging awards totaling $256.2 million. The awarded work includes: Mobile Harbor, Alabama Deepening and Widening – Phase 2A Dredging Project (Capital, Alabama,… Read More
Maersk Asia Pacific August Market Update. Regional insights and information to keep your logistics ahead of the curve Maersk Asia Pacific August Market Update has the latest information to stay updated and keep your cargo moving. This month we highlight global economic trends driven by US growth and easing inflation. This positive economic outlook is… Read More
USAG Humphreys, Republic of Korea – The U.S. Army Corps of Engineers (USACE) –Far East District (FED) held a change of command ceremony on August 21, 2024, during which Col. Heather A. Levy relinquished command to Col. Jeremiah J. Willis. Brig. Gen. Joseph C. “Clete” Goetz II, USACE Pacific Ocean Division commander, presided over the… Read More
The Port of Los Angeles has named Erica M. Calhoun as its new Deputy Executive Director. She will be responsible for overseeing the City of Los Angeles Harbor Department’s Administrative Bureau. Calhoun’s new role will reportedly include planning, directing, and managing many major divisions at North America’s largest commercial gateway and busiest container port in… Read More
AWO joined member Amnav Maritime, LLC for a tugboat tour in the Port of Oakland last month, attended by Assemblymember Jasmeet Bains and staff from Senator Bill Dodd and Senator Scott Wiener. During the tour, discussion included AB 1122, a bill to make necessary improvements to the CARB Commercial Harbor Craft Rule. Source
Greensea IQ, is proud to announce an extension to its prototype (Other Transaction Agreement) with the Defense Innovation Unit and U.S. Navy following the successful completion to Phase 3 of the Autonomous Expeditionary Maritime Response Vehicle (AEMRV) prototype last fall. The objective of this contract modification is to demonstrate a production-ready edge processing configuration of… Read More
DredgeWire has previously reported that the value of the contract between the Corps and Eastern is over $250mm. The McFarland was built by a partnership of Ellicott Dredges and Bethlehem Ship in 1965. Royal Van der Leun is excited to announce its collaboration in building a diesel-electric hopper dredger with Royal IHC For over half… Read More
Ocean and Key Ports Update In Europe, recent observations suggest that the traditional peak season will be a lot sooner than seen in previous years due to a number of possible factors. We’ve seen that businesses have been strategically getting cargo to European shores earlier in attempts to avoid any potential future disruption, while consumer… Read More
Reserve, LA – DSC Dredge is proud to recognize the outstanding achievements of Anthony Mocanu, a 3rd-year Mechanical Engineering student at Louisiana State University (LSU), as he concluded his internship with us on August 9th. Anthony’s dedication, enthusiasm, and remarkable contributions have not only earned him the title of “Outstanding Intern” but have also left a… Read More
On August 16, 2024, Orion Group Holdings, Inc. (the “Company”) intends to post the second quarter 2024 investor presentation to its website. The presentation is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. All information included in the presentation is presented as of the dates indicated,… Read More
2024 Annual Great Lakes Dredging Team F2F Meeting Final Agenda