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A Chinese firm under investigation by Congress over posing a potential cybersecurity threat at U.S. ports said that its cranes don’t pose a national security risk. Shanghai Zhenhua Heavy Industries (ZPMC) is under investigation by the House Select Committee on the Strategic Competition between the U.S. and the Chinese Communist Party and the House Homeland Security over… Read More
The Dredging Contractors of America fully supports the bipartisan package of appropriations bills agreed to by the U.S. House of Representatives and U.S. Senate. The package is known as the Consolidated Appropriations Act, 2024. “We understand that agreeing to move on important spending legislation takes time and an enormous amount of effort,” said William P. Doyle, Chief Executive… Read More
Trucking, logistics and truck stop chains are collectively owed millions of dollars after a Virginia-based logistics firm recently shuttered operations and filed for bankruptcy liquidation. TBL Logistics, headquartered in Appomattox, Virginia, filed its petition on Feb. 29 in the U.S. Bankruptcy Court for the Western District of Virginia. In its filing, TBL Logistics listed its… Read More
Ahtna Marine & Construction LLC,* Boynton Beach, Florida, was awarded a $9,867,287 firm-fixed-price contract for maintenance dredging. Bids were solicited via the internet with three received. Work will be performed in Charleston, South Carolina, with an estimated completion date of Dec. 2, 2024. Fiscal 2024 civil operation and maintenance funds in the amount of $9,867,287… Read More
Technology group Wärtsilä has entered into a collaboration agreement with Seattle, USA based naval architecture and marine engineering firm, Elliott Bay Design Group (EBDG), to further develop EBDG’s Clean Harbor Alternative Mobile Power (CHAMP) Barge design. Featuring Wärtsilä’s methanol engine technology, the collaboration introduces a cost-effective solution to reduce emissions from large vessels in situations… Read More
IMC Logistics, the largest marine drayage provider in the nation, has acquired American Pacific Transportation, a leading California-based drayage company. This acquisition further bolsters IMC’s position as the industry leader in the U.S. while also significantly increasing the company’s position and truck capacity in California and across the West Coast. “As a result of this… Read More
Lynch Logistics Inc., a Bangor logistics company, has appointed Joe Marriner as a business development executive. In this role, he will work closely with clients to offer them innovative solutions that reduce costs, improve efficiency and enhance business satisfaction. “My role in business development allows me to be constantly getting to know new customers and help find… Read More
A New Era for Dredging Innovation The dredging industry is on the brink of a transformative era, heralded by the recent rebranding and ownership change of ROHR-IDRECO Americas. This pivotal move has birthed INNODREDGE, a name that stands as a beacon of innovation and a testament to the company’s forward-thinking approach to dredging solutions. As… Read More
The Eau Gallie Muck Removal Area A1 project consists of environmental dredging (hydraulic only), dewatering, effluent treatment, and disposal of organic sediments (muck) from the Eau Gallie Dredge Area A1. Project planning and design surveys have identified approximately 488,057 cubic yards of muck to be removed with a 0.5-foot permitted and payable allowable overdredge. The dredge area is located on the east coast of Brevard County, Florida, north of… Read More
Ports of Indiana has made three key personnel moves to support strategic expansion. The changes included hiring Doug Kowalski as General Counsel, promoting Julie Petree as Director of Project Delivery and welcoming back Kasia Kaffenberger to the Mount Vernon port as Billing and Office Coordinator. “These three individuals will play critical roles as we strive… Read More
ASRC Federal announced it has entered into a definitive agreement to acquire the logistics and supply chain management business of Science Applications International Corporation (NYSE: SAIC). With this acquisition, ASRC Federal will become a leading provider of secure, technology-enabled supply chain management and logistics solutions for the Defense Logistics Agency (DLA) which provides services to Department… Read More
Orion Group Holdings, Inc. (NYSE:ORN) Q4 2023 Results Conference Call February 29, 2024 9:00 AM ET Company Participants Margaret Boyce – Investor Relations Travis Boone – Chief Executive Officer Scott Thanisch – Chief Financial Officer Conference Call Participants Joe Gomes – Noble Capital Julio Romero – Sidoti and Company Dave Storms – Stonegate Capital DeForest… Read More
Biden Administration Announces Actions to Strengthen Maritime Security; Coast Guard Releases Cybersecurity NPRM. On February 21, Deputy National Security Advisor for Cyber and Emerging Technologies Anne Neuberger announced that President Biden has issued an Executive Order to bolster the Department of Homeland Security’s authority to directly address maritime cyber threats. DNSA Neuberger observed that America’s marine transportation system… Read More
Philadelphia-based Enviri Corp., whose business units are Harsco Corp., Harsco Rail and Clean Earth, has reported a 2023 fourth quarter diluted loss per share from continuing operations of 17 cents. The company cites “strategic expenses and other unusual items” for the loss. That per share figure compares with a fourth quarter 2022 generally accepted accounting… Read More
Mediterranean Shipping Company (MSC) has combined two existing container services, resulting in additional direct port calls between the Jacksonville Port Authority (JAXPORT) and the West Coast of South America. The improved service now makes weekly calls to Jacksonville, opening up additional connections to Ecuador, Peru, Panama, and Costa Rica ports. MSC’s new Ecuador-NWC and Scan… Read More