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Pangaea Logistics Solutions Ltd. (Nasdaq: PANL), a global provider of comprehensive maritime logistics solutions, today announced that it has entered into a definitive agreement to acquire marine port terminal operations in Port Everglades/Ft. Lauderdale and Port of Palm Beach, Florida, and Port of Baltimore, Maryland from Host Terminals LLC, a wholly owned subsidiary of T. Parker Host, in an all-cash transaction. Pangaea… Read More
Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (Nasdaq: GLDD), the largest provider of dredging services in the United States, today reported financial results for the quarter ended March 31, 2023. First Quarter 2023 Highlights Revenue was $158.0 million for the first quarter Total operating loss was $0.9 million for the first… Read More
The U.S. Army Engineer Research and Development Center (ERDC) has announced the selection of Ms. Pat Sullivan as the organization’s new Deputy Director. As the Deputy Director of ERDC, Sullivan assists in leading one of the most diverse research organizations in the world, with seven laboratories located in four states, more than 2,500 employees, $1.2… Read More
A company that’s planning to expand its operations to build autonomous dredges has picked a 50-acre Shiawassee County site over a competing site in Indiana for its expansion. Laura Slieff, president of L.J. Inc., told MLive-The Flint Journal that a $2.5-million Michigan Economic Development Corporation grant approved for the company has helped seal the decision…. Read More
Arcadis, a leading global design and consultancy organization for natural and built assets, has named Lisa Stone Global Strategic Diversity, Equity, Inclusion and Belonging (DEIB) Director for its Resilience Global Business Area and the Americas. In this role, Stone will help drive diverse, equitable and inclusive employee experiences through the implementation of the firm’s global DEIB strategic… Read More
Callan Marine and the City of Beaumont celebrated the Riverfront Park groundbreaking on April 12, 2023. More than five years after Hurricane Harvey shuttered the facility, officials stated that Riverfront Park is on the road to restoration and Callan Marine’s Marine Construction Division will restore the park’s pavilion, picnic tables, benches, boat dock, and walking… Read More
WASHINGTON (April 27) – The U.S. Army Corps of Engineers today bade farewell to Maj. Gen. Richard J. (Rich) Heitkamp, USACE deputy commanding general (DCG) and the Army’s deputy chief of engineers, in a ceremony at its Washington headquarters. Heitkamp has served in his current role since February 2021. He served as the principal advisor to… Read More
A cargo ship struck an offshore wind turbine at the 330-megawatt (MW) Gode Wind 1 wind farm in the German North Sea. The 55-turbine Gode 1 offshore wind farm, which is 45 km (28 miles) off the German coast, is owned by Danish wind giant Ørsted. The general cargo ship is called the Petra L, and… Read More
RESERVE, LOUISIANA – DSC Dredge today announces the retirement of Kevin Dolan from his position as Vice President and Chief Financial Officer (VP & CFO). Kevin has dedicated 15 years to DSC and during his time worked closely with President and CEO Bob Wetta as they developed DSC’s financial policies. As a member of Senior… Read More
S&B Infrastructure Ltd. has announced changes in the management team at its New Orleans based naval architecture and marine engineering subsidiary, TAI Engineers (TAI). They include the promotions of Captain William Krewsky, PE (USCG Retired), to president and Krishna (Kris) Karri to senior vice president operations and chief engineer. Krewsky succeeds Anil Raj, PE, TAI’s Founder… Read More
Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) today announced that it will release the financial results for its three months ended March 31, 2023 on Tuesday, May 2, 2023 at 7:00 a.m. C.D.T. A conference call with the Company will be held the same day at 9:00 a.m. C.D.T. Investors and analysts are encouraged… Read More
Rear Adm. Yvette Davids has been nominated to serve as the next superintendent of the Naval Academy, USNI News has learned. If approved by the Senate, Davids would be the first female superintendent in the service academy’s history. Her name was listed on the Senate’s presidential nomination list for promotion to vice admiral but without a position…. Read More
Black & Veatch, a global leader in critical infrastructure solutions, today announced the addition of Jason Kirk to serve as Vice President, Federal Solutions Director and Resilience Programs Liaison. With over four years in the private-sector architecture, engineering and construction (AEC) industry and more than 25 years serving in the U.S. Army and the U.S…. Read More
Caterpillar Marine and Svitzer have signed a memorandum of understanding (MoU) agreeing to install methanol-combusting engines on Svitzer’s tugboats This will support Svitzer’s decarbonisation strategy by addressing methanol as a fuel in newbuilds and the Maersk Group subsidiary’s existing tugs. Svitzer and Caterpillar plan to install dual-fuel methanol engines in new tugboats and convert existing… Read More
Crowley has opened its first Wind Services office on the U.S. West Coast in Eureka, California, with a community event and ribbon-cutting that included a diverse array of regional leaders on Wednesday. The new office advances the partnership with the community to develop a terminal to serve as the West Coast’s first hub for offshore… Read More