Categories for Company & People News/Dredge Mining

Eagle Bulk Shipping Becomes a Signatory to the Sea Cargo Charter

CT, United States

STAMFORD, Conn., Dec. 22, 2020 (GLOBE NEWSWIRE) — Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (“Eagle Bulk”, “Eagle” or the “Company”), one of the world’s largest owner-operators within the Supramax / Ultramax drybulk segment, today announced that it has become a signatory to the Sea Cargo Charter (the “Charter”). The Charter, which was launched in October… Read More

Chartouni named USACE Cost Engineer of Year

IL, United States

George Chartouni, U.S. Army Corps of Engineers (USACE) Chicago District, was awarded the USACE Cost Engineer of the Year award at a virtual national awards ceremony on Nov. 12, 2020, hosted by Lt. Gen. Scott A. Spellmon, 55th Chief of Engineers and Commanding General. Each year, USACE recognizes a small number of the many outstanding… Read More

DCA Praises Historic WRDA 2020 Harbor Maintenance Tax Fund Reform

DC, United States

WASHINGTON (December 22, 2020) – Dredging Contractors of America (DCA) praised Congressional passage of the Water Resources Development Act (WRDA) of 2020 as part of the FY 2021 omnibus spending bill and urged President Trump to sign it into law. DCA CEO Richard Balzano made the following statement in support of WRDA’s passage: “For the first time,… Read More

NOIA ready to work with Biden pick for Secretary of the Interior

United States

The National Ocean Industries Association (NOIA) says it is “ready to work with” Representative Deb Haaland, who will be President-elect Joe Biden’s nominee as the next Secretary of the Interior. Two key offshore industry agencies are part of the Department of the Interior: The Bureau of Ocean Energy Management and the Bureau of Safety and… Read More

MetalCraft Marine sees post-COVID market bounce back ahead

United States

With yards in both Canada and the U.S., MetalCraft Marine brings a unique perspective to bear on the markets in which it specializes: High-speed fireboats, patrol craft and workboats. We asked the company’s Contracts Manager Bob Clark to give us some insights into the company, its product lines, and what it sees ahead. Marine Log… Read More

Dr. Rick Bucher to take helm as Victaulic CEO

PA, United States

Easton, Pa., headquartered mechanical pipe-joining solutions specialist Victaulic reports that Dr. Rick Bucher will succeed Dr. John F. Malloy as CEO, effective January 31, 2021. Bucher was named President of Victaulic in April of 2020, following his June 2019 appointment as Chief Operating Officer. Prior to joining Victaulic in 2009 as Vice President of Engineering,… Read More

DredgeWire Obtains New US Govt Loan info for dredging industry

United States

DredgeWire exclusive DredgeWire has obtained new information about small ($150,000 and under) emergency loans granted to US companies involved in the dredging industry. After Congress in early March deemed the coronavirus outbreak a disaster, that allowed businesses to access to the Economic Injury Disaster Loans program (EIDL) administered by the Small Business Administation. The federal… Read More

Brennan Welcomes Specialty Diving Services, Inc. to the Family

WI, United States

LA CROSSE, Wis., December 21, 2020 ― J.F. Brennan Company (Brennan) officially announces the asset acquisition of New England-based Specialty Diving Services, Inc (SDS). The acquisition combines two established union companies that specialize in commercial diving and heavy marine construction. Founded in 1986, SDS is headquartered at the Port of Davisville in North Kingstown, Rhode Island… Read More

Orion Group Holdings, Inc. Announces Contract Awards of Approximately $20 Million

TX, United States

HOUSTON–(BUSINESS WIRE)– Orion Group Holdings, Inc. (NYSE: ORN) a leading specialty construction company, today announced contract awards totaling approximately $20 million. The Company’s Marine segment has been awarded two contracts for projects in Florida. The first project, valued at approximately $10.7 million, is for the City of St. Petersburg, Florida, and requires the demolition, removal… Read More

Wellfleet’s longtime harbormaster ready to sign off

MA, United States

WELLFLEET — Two spotter scopes sit on a desk in the harbormaster building on the town pier. When necessary, Harbormaster Michael Flanagan will bring a scope upstairs to get a better read on what’s going on in the harbor. Flanagan has kept an eye on the busy harbor for the last 22 years. He’ll take his… Read More

Turn Services acquires Bayou Fleet

LA, United States

New Orleans headquartered Turn Services—one of the largest independent barge fleeting and shifting companies in the U.S.—reports that it has entered into a definitive agreement to acquire the assets and business of Bayou Fleet. Located at Mile 125.5 on the Lower Mississippi River (LMR) in Hahnville, La., Bayou Fleet provides fleeting, shifting and dry cargo… Read More

Eagle Bulk Shipping Acquires Modern Ultramax

CT, United States

STAMFORD, Conn., Dec. 16, 2020 (GLOBE NEWSWIRE) — Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (“Eagle Bulk”, “Eagle” or the “Company”), one of the world’s largest owner-operators within the Supramax / Ultramax drybulk segment, today announced that it has purchased a high-specification 2015-built SDARI-64 scrubber-fitted Ultramax bulkcarrier for a purchase price of USD 16 million. The… Read More

“It’s a very big deal:” Chesapeake steel fabrication company moving to Perquimans County

NC, United States

A company that makes marine structures from barges to bridge tressels is expanding and moving from Chesapeake to Perquimans County. East Coast Steel Fabrication will be the only large manufacturer in the county and the first in at least 20 years. The company will add 28 jobs and invest $482,000 in new buildings and equipment…. Read More

Dredging Contractors of America Appoints Richard A. Balzano as Chief Executive Officer and Executive Director

DC, United States

Washington, DC, December 11, 2020 — The Dredging Contractors of America (DCA), the national trade association whose members are leading providers of dredging services for navigation, coastal protection, environmental restoration and shoreline resilience in the United States, announce today that Richard A. Balzano has been named Chief Executive Officer and Executive Director. For more than… Read More

SEACOR Holdings in $1 billion agreement to go private

FL, United States

SEACOR Holdings Inc. (NYSE:CKH) reports that it has entered into a definitive agreement to take the company private. The agreement, signed with an affiliate of New York-based private equity firm American Industrial Partners (AIP) values SEACOR at approximately $1 billion. The deal will see SEACOR Executive Chairman and CEO Charles Fabrikant step from his executive… Read More