BOSTON & HARTFORD, Conn.–Eversource Energy (NYSE: ES) today announced that it has completed the sale of its 50 percent interest in the 132-megawatt South Fork Wind project (South Fork Wind) and the 704-megawatt Revolution Wind project (Revolution Wind) to Global Infrastructure Partners (GIP). Adjusted gross proceeds from the transaction were $745 million. Adjusted gross proceeds… Read More
After their August recess, Congress returned to Washington with a looming government shutdown at the end of September. After a false start and posturing by a number of members of Congress and outside influences, The House passed a relatively “clean” continuing resolution on September 25. The continuing resolution was then taken up and passed by the… Read More
The UK P&I Club, a provider of protection and indemnity (P&I) insurance and other services for the international shipping community, has announced the appointment of Kyle Lochridge as Senior Vice President (SVP) for the Americas. Lochridge will report to Leanne O’Loughlin, Regional Director, Americas, and William Beveridge, Chief Underwriting Officer. In his new role, Lochridge… Read More
At the National Stone, Sand & Gravel Association’s (NSSGA) annual Legislative & Policy Forum, the association named the winners of its Safety Excellence Awards, the Louis Griesemer Sterling Safety Awards and the James M. Christie Safety & Health Professional of the Year Award. “Safety is a cornerstone of our industry,” says Michael Johnson, NSSGA president and CEO…. Read More
Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announced today the receipt of several dredging awards totaling $342.3 million. The awarded work includes: Sabine-Neches Waterway Channel Improvement, Contract 6 Project (Capital, Texas, $219.1 million) Canaveral Harbor Sand Bypass Project 5 (Coastal Protection, Florida,… Read More
ILA President Harold J. Daggett Joins Picket Lines Throughout Port Newark/Elizabeth, New Jersey AT Start of Strike And Rallies Tens of Thousands of ILA Members To Stay Strong and United; Union Demanding $5 Per Hour Increase in Wages For Each Year of Six-Year Agreement, Plus No Automation or Semi-Automation and Union Retaining All Container Royalty… Read More
Last week, the Amsterdam District Court handed down judgment in whistleblower Jonathan Taylor’s case against SBM Offshore. This is the culmination of a decade of trials and fines for the Monaco-based floating production company, after its former in-house lawyer Mr Taylor blew the whistle to the authorities in the United States on US$240 million of… Read More
2024 is now the hottest year on record, and it’s not just a statistic; it’s a wake-up call. With rapidly rising temperatures, cities, industries and businesses around the world are being pushed into an era where extreme heat is a defining challenge of our time. Today, we’re witnessing heat waves that stretch beyond summer months,… Read More
HOUSTON, Sept. 30, 2024 /PRNewswire/ — McDermott, through a consortium with Saipem and China Petroleum Engineering and Construction Corporation, has been awarded a front-end engineering design (FEED) contract for the Rovuma LNG Phase 1 Project in Mozambique, a joint venture between ExxonMobil Development Africa B.V., Eni S.p.A. and CNODC Dutch Cooperatief U.A. The Rovuma LNG Phase 1 project represents… Read More
Technology group Wärtsilä will supply the engineering and equipment for a new power plant project to be installed in Madisonville, Kentucky, USA. The order has been placed by Kentucky Municipal Energy Agency (KYMEA) and was booked by Wärtsilä in Q3, 2024. When commissioned, the plant will provide the grid balancing capabilities necessary to allow the… Read More
With more than 20 years of experience in the painting and coatings industry, Walker brings knowledge and expertise to Tnemec. Tnemec Company, an industrial coatings manufacturer, announced the addition of Jack Walker to its team. With more than 20 years of experience in the painting and coatings industry, Walker brings knowledge and expertise to Tnemec. Walker began… Read More
NEW ORLEANS – Gov. Jeff Landry recently appointed Michael A. Thomas as Chairman of the Board of Commissioners of the Port of New Orleans (Port NOLA) for a five-year term. With the alignment of Port NOLA and the New Orleans Public Belt Railroad (NOPB), Thomas will also serve as Chairman of the New Orleans Public Belt… Read More
The GLC is excited to welcome three new fellows to a new binational fellowship program, shared between the GLC, Michigan Sea Grant, the Great Lakes Sea Grant Network (GLSGN), and the International Joint Commission’s Great Lakes Regional Office (IJC-GLRO). The recent graduates are coordinating community engagement activities for the Great Lakes Science Plan. Their work will help ensure the plan reflects and… Read More
Crowley mariners have been recognized by the American Waterways Operators (AWO), the leading U.S. association for tug and barge operators, with the American Waterways Honor & Excellence in Rescue Operations (HERO) Award for helping rescue people in distress on the water in 2024. In April, mariners aboard the tugboat Guard worked quickly to rescue a… Read More
Hanwha unveiled comprehensive ecofriendly engine and ship solutions at Gastech 2024 in Houston, Texas, showcasing integrated decarbonization strategies Hanwha presented its comprehensive roadmap for maritime decarbonization from September 17-20 at Gastech 2024 in Houston, Texas, U.S. The company unveiled carbon-free ships, propulsion systems, and a range of ecofriendly solutions designed to meet the diverse needs… Read More