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Texas LNG, a subsidiary of Glenfarne Energy Transition, has entered into a significant agreement with Gulf LNG Tugs of Texas, selecting them to construct, deliver, and operate state-of-the-art tugboats for the LNG export facility set to be established in the Port of Brownsville. The long-term partnership aims to provide reliable marine assistance to LNG carriers… Read More
What’s driving projects in the dredging universe these days? P&Q caught up with Rohr-Idreco Americas’ Richard Crowe to find out. You’ve been with Rohr-Idreco for several years across a couple of stints. How did you ultimately get your start in the industry? I’ve been in operations for the better part of my career. I spent 20… Read More
Austal USA is pleased to announce Kristin Parsons as the company’s vice president human resources. In this role, Parsons is responsible for the overall development and implementation of company-wide human resources policies, programs and services. “Kristin’s prior experience with Austal USA and her extensive experience as an employment attorney makes her the perfect selection to… Read More
Fourth quarter net income of $21.6 million Fourth quarter adjusted EBITDA of $40.8 million Full year net income of $13.9 million Full year adjusted EBITDA of $73.0 million Record dredging backlog of $1.04 billion at December 31, 2023 HOUSTON, Feb. 14, 2024 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (“Great Lakes” or the… Read More
Petro Sand Solutions, a key player in the frac sand mining industry, is not just making waves in the Permian Basin with its strategic operations. The company’s impact stretches far beyond, catalyzing an economic ripple effect that is felt across various sectors and regions. This article explores how Petro Sand Solutions is contributing to economic growth, driving… Read More
Angela Chao, the CEO of United States-based, New York-headquartered American shipping company Foremost Group, has died at the age of 50. What happened: The company announced the news on Monday, noting that Chao, the sister of businesswoman and former government official Elaine Chao, died in a tragic car accident. Foremost Group did not elaborate on the details… Read More
The National Waterways Foundation (NWF) has released updated waterways profiles for Mississippi basin states of Alabama, Arkansas, Illinois, Indiana, Iowa, Kentucky, Louisiana, Minnesota, Mississippi, Missouri, Ohio, Oklahoma, Pennsylvania, Tennessee, Texas, West Virginia, and Wisconsin. The new state inland waterways profiles and a methodology document detailing how the data was calculated for the profiles is available here: https://lnkd.in/ej8gzbNf… Read More
U.S. Representative Don Beyer (D-VA) and Congresswoman Jenniffer González-Colón (R-PR-AL) today introduced the National Oceans and Coastal Security Improvements Act. The bill would support coastal communities’ ability to prepare for and respond to a variety of coastal threats, including flooding, extreme weather events, climate hazards and changing ocean conditions by improving coastal infrastructure and supporting… Read More
Essex Investment Management Co. LLC acquired a new stake in shares of Great Lakes Dredge & Dock Co. (NASDAQ:GLDD – Free Report) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 324,096 shares of the construction company’s stock, valued at approximately $2,583,000. Essex Investment Management Co. LLC owned… Read More
INISFIL, ONT. — Arcadis IBI Group has released new Innisfil GO images of the proposed station, an infill station on the Barrie GO line south of Barrie, Ont. that is intended to serve as the anchor of the new Orbit community. The Innisfil GO images were released on X, formerly Twitter. The developer of the mixed-use transit-oriented… Read More
Pioneer in intelligent ocean solutions, Greensea IQ, is pleased to have its revolutionary EverClean service nominated, and shortlisted, for the GREEN4SEA Clean Shipping Award. This accolade recognizes organizations that have made substantial contributions to advancing cleaner shipping practices, aligning with the industry’s commitment to a cleaner and more sustainable future. EverClean represents a groundbreaking technological advancement… Read More
MOBILE, Ala. – Austal USA announced the start of design for a new manufacturing facility signifying a major expansion of the company’s Mobile, Ala. shipyard capability. The infrastructure expansion, which will be to the south of Austal USA’s current waterfront facility, will include a new assembly building, waterfront improvements, and a new shiplift system. Start of… Read More
USA-based King Ocean Services has acquired the Seacor Holdings’ Caribbean liner and logistics business – Seacor Island Lines King Ocean specialises in marine transport to the Caribbean, South and Central American markets out of its Port Everglades facilities in Fort Lauderdale. Also based in Fort Lauderdale, Seacor Island Lines serves nearly 30 destinations across the Bahamas and Turks & Caicos, transporting… Read More
The International Maritime Organization (IMO) has divided its objectives and priorities for the next four years. Objectives and priorities include guaranteeing safer, more secure, and environmentally friendly shipping. Speaking at a press conference at IMO Headquarters in London on 1 February, IMO Secretary-General Arsenio Dominguez, outlined four strategic priorities: IMO’s work to regulate international shipping;… Read More
SAN FRANCISCO & FORT WORTH, Texas–(BUSINESS WIRE)–TPG (NASDAQ: TPG), a leading global alternative asset management firm, announced today the appointment of Scott Lebovitz as a Partner and Head of Infrastructure for TPG Rise Climate, the firm’s dedicated climate investing platform. In this new role, Lebovitz will focus on the firm’s new strategy targeting investments in… Read More