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HOUSTON and SABAH, Malaysia, July 29, 2024 /PRNewswire/ — McDermott and TAS Institute of Oil and Gas (TAS), the first integrated oil and gas training institute in Sabah, Malaysia, jointly announce the signing of a Memorandum of Understanding (MoU) for cooperation on research and development, training, capacity building, and institutional development. McDermott is the first large multinational energy service… Read More
RYE, N.H. — Two people were thrown into the ocean after a humpback whale landed on their fishing boat off the New Hampshire coast on Tuesday morning, and the entire incident was caught on video. “We didn’t see him for a couple of minutes, and then the next thing we knew, he popped up and landed… Read More
Weeks Marine Superintendent Kenneth Machacek was selected as a recipient of the 2024 Western Dredging Association’s (WEDA) Dredger on Deck Award! Each year, the Dredger on Deck Award is awarded to on-site operating and/or supervisory personnel overseeing dredging operations. The award recognizes the recipient’s contributions and value to the dredging community over the years. Kenneth… Read More
Corpus Christi, TX, USA – Port of Corpus Christi customers moved 50.1 million tons through the Corpus Christi Ship Channel in the second quarter of 2024, a 1.7 percent increase over the same period in 2023. In Q2 2024, the Port of Corpus Christi saw increases in crude oil, break bulk and agricultural commodity shipments through… Read More
HOUSTON, July 24, 2024 (GLOBE NEWSWIRE) — Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today reported its financial results for the second quarter ended June 30, 2024. Highlights for the quarter ended June 30, 2024: Contract revenues of $192.2 million GAAP net loss of $6.6 million or $0.20 per diluted share Adjusted net loss of $5.2 million or $0.16 per diluted share Adjusted EBITDA… Read More
ATLANTA–(BUSINESS WIRE)–CRH today announced the acquisition of Ary Corporation, a leading provider of building materials solutions headquartered in Canon City, Colorado. This acquisition expands CRH’s Americas Materials Solutions business in the state of Colorado, enhancing its ability to provide integrated solutions to customers in Colorado and surrounding states. Ary Corporation complements CRH’s Americas Materials Solutions… Read More
Great Lakes Dredge & Dock Corporation (GLDD) has reached a new 52-week high, with its stock price soaring to $9.78. This milestone marks a significant achievement for the company, reflecting its robust performance over the past year. The 52-week high data underscores the company’s strong market position and its ability to generate shareholder value amidst… Read More
Highlands Ranch, CO, July 18, 2024 – Arcadis, a leading global design and consultancy organization for natural and built assets, today announced it will utilize Ovivo, a global provider of water and wastewater treatment equipment, technologies, and systems, to manufacture full-scale innovative per-and polyfluoroalkyl substances (PFAS) treatment technology using ozone fractionation, patented by Evocra, in… Read More
Portolan Capital Management, LLC has acquired a significant equity interest, 5.5%, in Orion Group Holdings by buying over 1.8 million shares according to a SEC filing. According to its web site, “Portolan Capital Management, LLC is a Boston-based SEC registered investment adviser focused on small- and mid-cap equity investing. Founded in 2004 by George McCabe,… Read More
BUFFALO, N.Y. — Lt. Col. Robert Burnham, a Beaufort, South Carolina native and a veteran of the Afghanistan war, assumed command of the U.S. Army Corps of Engineers, Buffalo District on July 18. Burnham will lead the district’s more than 300 team members, responsible for projects in 16 commercial and 19 recreational Great Lakes harbors,… Read More
ALBUQUERQUE, N.M. – Lt. Col. Matthew T. Miller assumed command of the U.S. Army Corps of Engineers-Albuquerque District from Lt. Col. Jerre V. Hansbrough during a formal change of command ceremony today at the Balloon Fiesta Park Golf & Event Center. Headquartered in Albuquerque, New Mexico, the district serves more than 200,000 square miles of the… Read More
We are proud to welcome our new Vice President of Regulations and Standards, Maritime Operations, Capt. Giorgio De Sciora to the team! With over 30 years of industry experience and expertise, Giorgio will be instrumental in leading the expansion of Liberia’s Passenger Ship program, by strengthening the relations with our clients, navigating the Registry through… Read More
Aggressive design-build schedule on track to start production of first vessels early next year. Birdon America, has announced it has received an order worth approximately $14.75 million from the U.S. Coast Guard for long lead time materials (LLTM) required to begin construction on the first Inland Construction Tender (WLIC) and the first River Buoy Tender… Read More
Crowley has named Walter Tague as vice president of sales and supply for its Crowley Fuels businesses unit, which services energy logistics needs throughout Alaska. With more than 30 years of maritime industry experience specializing in supply chain management and support in the oil and gas sectors, Tague will oversee Crowley’s marketing, sales, customer relations… Read More
ARLINGTON, Va.– Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it received a BAE Systems ‘Partner 2 Win’ Supplier of the Year award. DRS was chosen from a select pool of suppliers that delivered exceptional performance and contributions to supply chain success for BAE Systems’ Electronic Systems sector in 2023. “We are proud to have… Read More