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JACKSONVILLE, Fla. — One person was taken to the hospital in critical condition after a ship fire in the Mayport Basin Saturday afternoon, according to the Jacksonville Fire and Rescue Department. JFRD said crews responded to a fire on a dredging ship. Crews were able to put out the fire, JFRD confirmed. Members of the… Read More
HOUSTON, Oct. 31, 2024 /PRNewswire/ — McDermott’s heavy-lift and rigid pipelay vessel, the Derrick Lay Vessel 2000 (DLV2000), has been awarded the SUSTAIN-1 classification from the American Bureau of Shipping (ABS). This marks the first time a marine construction vessel in its class has achieved this sustainability certification. The SUSTAIN-1 classification recognizes the DLV2000 for its environmental performance,… Read More
35% contract revenue growth, 62% Adjusted EBITDA growth HOUSTON, Oct. 30, 2024 (GLOBE NEWSWIRE) — Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today reported its financial results for the third quarter ended September 30, 2024. Highlights for the quarter ended September 30, 2024: Contract revenues of $226.7 million GAAP net income of $4.3 million or $0.12 per diluted share Adjusted… Read More
Maersk Asia Pacific October Market Update has the latest information to stay updated and keep your cargo moving. As we enter the final quarter of 2024, the global economy is showing resilience, with strong market demand for both ocean and airfreight across major markets. In this monthly Market Update, we introduce the latest updates on… Read More
FLAGLER BEACH, FL, UNITED STATES — Maritime Construction Inc., a leader in Florida’s marine construction industry, has been honored with the 2024 Best of Florida Award, recognizing their unwavering commitment to excellence and customer satisfaction over the past 25 years. Specializing in the design, permitting, and construction of custom marine structures, Maritime Construction Inc. has earned… Read More
We are pleased to announce the appointment of Jim Sorenson as Vice President of Government Sales. Sorenson will spearhead all government-related sales efforts and report directly to Joe Rella, President of St. Johns Ship Building. Welcome to the team Jim! Source
Orion Group has reported to the SEC that another New York based investment group has acquired a substantial reportable interest in its shares. The securities acquired, representing over 4.6% of its outstanding shares, are beneficially owned by one or more registered investment companies or other managed accounts that are investment management clients of Royce &… Read More
Today the U.S. Environmental Protection Agency awarded nearly $3 billion to 55 recipient projects in 27 states and U.S. territories. These grants are from the agency’s Clean Ports Program, which was enacted by Congress in 2022 as part of the Inflation Reduction Act. The agency received more than $8 billion in project applications. Today’s awards… Read More
Michael Johnson served the National Stone, Sand & Gravel Association (NSSGA) as president and CEO over the last 11 years, joining the organization in 2013 following a seven-year stint at the National Beer Wholesalers Association. The next chapter of Johnson’s career will unfold at the American Coatings Association, which he joins as president and CEO. P&Q caught… Read More
The board of commissioners of the Port of New Orleans (Port NOLA) has appointed Beth Ann Branch as the new president and CEO of the port and the CEO of the New Orleans Public Belt Railroad (NOPB). Branch officially will begin at Port NOLA December 1. Branch follows Brandy Christian, who had served as Port… Read More
Christopher J. Wiernicki delivered a guest lecture on how rapid changes in shipping are driven by disruptive technologies and explained how the industry is an interconnected system of systems. The ABS Chairman and CEO Christopher J. Wiernicki, delivered the lecture for the National University Singapore’s Master of Science in Maritime Technology and Management program, in… Read More
MOBILE, Ala. – Austal USA celebrated the start of construction for a new manufacturing facility for submarine modules (MMF3) today. This new building, scheduled to be fully operational in late 2026, will significantly increase Austal USA’s capacity to support the U.S. Navy Submarine Industrial Base (SIB). The new building will provide 369,600 square feet of indoor… Read More
Port Angeles, WA – BRIX Marine is thrilled to announce the expansion of its manufacturing facility in Port Angeles, WA, reinforcing its commitment to the local community and economic development. For years, BRIX Marine has benefited from the supportive business environment in Port Angeles. This expansion reflects the company’s dedication to fostering a positive community… Read More
The Louisiana Coastal Protection and Restoration Authority (CPRA) will host Community Coastal Day on Sunday, November 3, at the LSU Center for River Studies (CRS) from 1:00 to 5:00 p.m. CPRA has invited its partners from all along Louisiana’s coast to participate in the monthly First Free Sundays event. Unlike typical installments of this event, Community Coastal… Read More
AWO to Host Webinar on VIDA National Standards of Performance. Please join AWO on Wednesday, October 30, at 2:00 p.m. EDT, for an in-depth overview of EPA’s final rule establishing Vessel Incidental Discharge National Standards of Performance as directed by the Vessel Incidental Discharge Act (VIDA). During the webinar, we will review the final rule in… Read More