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Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) announced in a recent SEC filing that its stockholders approved an amendment to increase the total number of shares available under its 2021 Long-Term Incentive Plan by 3 million shares. The decision was made during the company’s Annual Meeting on May 8, 2025. The amendment to the 2021… Read More
USA has capacity to utilize any of its 19 strategically located shipyards and 14 fabrication facilities across Louisiana, Mississippi and Florida to optimize labor resources and accelerate project timelines USA responds to Arctic Security Cutter RFI with a 33-month contract award-to-delivery timeline utilizing a commercial vessel construction for national security purpose model WASHINGTON, D.C. –… Read More
NEW YORK– International Seaways, Inc. (NYSE: INSW) (the “Company,” “Seaways,” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today reported results for the first quarter 2025. HIGHLIGHTS & RECENT DEVELOPMENTS Quarterly Results: Net income for the first quarter of 2025 was $50 million, or… Read More
Theodore, Ala. – Silver Ships has received a Governor’s Trade Excellence Award, which recognizes and promotes Alabama’s successful and innovative exporters whose global achievements elevate Alabama’s economy and embody the “Made in Alabama” brand. The recognition aligns with World Trade Month, celebrated each May in the United States to recognize the importance of exporting and encourage businesses… Read More
PSA BDP, a leading global logistics and supply chain solutions provider, today announced the acquisition of a majority stake in ED Forwarding, a Mexico-based logistics solutions provider. With this acquisition, PSA BDP strengthens its foothold in Mexico and enhances its ability to better serve customers with an expanded suite of supply chain solutions, particularly in… Read More
Recognition underscores Arcadis’s work throughout New York State New York, NY – Arcadis, a global leader in intelligence-driven sustainable design, engineering, and consultancy solutions for natural and built assets, has been named the 2025 ENR New York Design Firm of the Year by the Engineering News-Record (ENR). The recognition highlights Arcadis’s long-standing business presence and success in… Read More
Congratulations to Walter Dinicola, P.E. on his prestigious career milestone of receiving the Fellow election of the American Society of Civil Engineers (ASCE)! Becoming an ASCE Fellow is one of the highest honors bestowed by ASCE—an achievement earned by less than 3% of its 160,000-plus members across 177 countries. This prestigious distinction recognizes civil engineers… Read More
The Nordic nation, with deep Baltic Sea experience, has made and designed more icebreakers than any other country Finland has a long and storied history in producing icebreakers. By Daniel Michaels | Photographs by Juuso Westerlund for WSJ Updated May 11, 2025 HELSINKI—Smashing ice is straightforward—except when it is more than 10-feet thick and you’re… Read More
The GLDD Laboratory for Dredging and Coastal Studies is almost ready! The Lab was celebrated at an event in College Station on April 16, 2025. Mike Fossum, Chief Operating Officer at Texas A&M Galveston, Sharith Girimaji, Ocean Engineering Department Head, Aruk Jayaraman, Executive Associate Dean College of Engineering, and Kevin McGinnis of the Texas A&M Foundation welcomed… Read More
The advanced legislation reforms the Gulf of Mexico* Energy Security Act by increasing the revenue sharing cap by $150 million yearly for the next decade. BATON ROUGE, La. – The Louisiana Coastal Protection and Restoration Authority (CPRA) Chairman Gordon Dove applauds Majority Leader Steve Scalise (R-La.) and the House Committee on Natural Resources for the passage… Read More
The Western Dredging Association (WEDA) today announced the “Texas A&M Opening Plenary – CEO Panel” will take place Tuesday, June 24, 2025 as part of the first-day of programming of the 24th World Dredging Congress & Exposition (WODCON XXIV). The panel will feature distinguished leaders from four of the dredging industry’s most leading-edge companies, and will be presented by WEDA… Read More
In a series of board and membership meetings last week the Dredging Contractors of America (DCA) unanimously voted to accept Harry Stewart as the President of the DCA Board of Directors and Travis Boone as its Senior Vice President. Harry Stewart is the President and CEO of San Rafael, California based The Dutra Group. Travis Boone… Read More
WASHINGTON — The Trump administration has nominated Stephen Carmel, an executive with Maersk Line Ltd. (MLL), to head the U.S. Maritime Administration, according to documents filed in the U.S. Senate on Tuesday. Carmel replaces Brent Sadler, who had been tapped in March to lead the agency but had yet to undergo a nomination hearing in the Senate…. Read More
Tonight, U.S. Senators Todd Young (R-Ind.) and Mark Kelly (D-Ariz.) joined Special Report on Fox News to discuss their bill to restore our nation’s shipbuilding capabilities and make American ships again. Source
Industry leader Josh Cheshier has been named vice president of operations for the Crowley Fuels business unit, which provides energy distribution and supply chain solutions throughout Alaska. With more than two decades of expertise in the energy sector, Cheshier brings a strong focus on operational efficiency, safety and strategic growth to Crowley. Cheshier has held… Read More