The 55th Chief of Engineers Lt. Gen. Scott A. Spellmon hosted a Senior Executive Service induction ceremony for U.S. Army Corps of Engineers, North Atlantic Division Regional Director of Business John L. Primavera at the Fort Hamilton Community Club Nov. 7. “This is the selection of an individual who has demonstrated his potential to serve at… Read More
U.S. Department of Transportation officials Nov. 3 announced a $52.6 million grant to modernize critical on-dock rail capabilities and improve several key roadways aimed at speeding the flow of cargo through the Port of Long Beach. As part of the agency’s Maritime Administration’s port infrastructure development program, the grant will fund the addition of a… Read More
Congratulations Steve Becker, GLDD Senior Vice President, Fleet Engineering who was nominated and voted into the American Bureau of Shipping (ABS) Membership earlier this year as a member of the ABS North America Regional Committee. “Among the important functions of ABS Members are to elect the Advisory Council and the Board of Directors, to support… Read More
Gunderson Marine LLC, Portland, Oregon, was awarded a $43,572,000 firm-fixed-price contract to design, construct, test, and deliver a steel floating pier barge. Bids were solicited via the internet with two received. Work will be performed in Portland, Oregon, with an estimated completion date of Feb. 24, 2026. Fiscal 2024 interagency funds from the National Science… Read More
Manson Construction Co. is excited to announce the “Manson Vendor Portal” (MVP), a secure web portal where current vendors and businesses interested in working with Manson as subcontractors and suppliers provide information about their businesses. The MVP is a convenient and efficient way for vendors to share information to support Manson’s procurement efforts, Federal Contract… Read More
The Philippines Department of Public Works and Highways (DPWH) recently took delivery of a 2023 IMS Model 5012 LP Versi-Dredge with patented WeedMaster® cutterhead. The dredge was successfully commissioned by IMS’s factory field service technician, Rob Carufel, in the Tulaoc River, Pampanga and will be used to cut and pump water hyacinths and other vegetation several hundred meters… Read More
Circle Logistics (Circle), a leading player in the logistics and transportation industry, is pleased to announce the appointment of Steve Schroeder as Vice President of National Sales. As a logistics veteran with over three decades of experience in building strong relationships and structured networks, Schroeder’s responsibilities at Circle include sales strategy, consolidating high quality transportation… Read More
Crowley and Terraline, autonomous-ready electric truck company revolutionizing freight transportation, announced today that Crowley’s land transportation group will work together in a pilot project for the EV500 Test Truck. Crowley, a global supply chain company committed to both sustainability and innovation, has signed an agreement to test Terraline’s trucks beginning in 2024 and a formal… Read More
With the largest workload it’s had in four decades, Newport News Shipbuilding has had to get creative about how to use the limited footprint at its shipyard in Newport News. So when an opportunity to set up a second campus not far away — on the other side of the Hampton Roads Bridge-Tunnel, in Norfolk — popped… Read More
Offshore wind power company Orsted is trying to get out of a $300 million guarantee it agreed to pay New Jersey in the event it failed to build its first wind farm off the state’s coast. Last Tuesday, the Danish firm scrapped its Ocean Wind I and II projects in southern New Jersey, saying the projects were… Read More
UPS (NYSE: UPS) today announced that it has completed the acquisition of MNX Global Logistics (MNX), a global time-critical logistics provider. The acquisition closed on Nov. 2, 2023, following all required regulatory approvals. The acquisition of MNX expands UPS’s capabilities of time-critical logistics, especially for healthcare customers in the US, Europe and Asia. MNX has… Read More
Third Quarter 2023 Highlights Revenue of $299.3 million, a 39.2% increase from the second quarter of 2023 Average day rate increased to $17,865 per day, $1,823 higher than the second quarter of 2023 Composite leading edge term contract day rate up 21.7% to $28,609 Net income of $26.2 million, an increase of $3.6 million from… Read More
Third quarter net loss of $6.2 million Third quarter adjusted EBITDA of $5.3 million Dredging backlog of $1.03 billion at September 30, 2023 HOUSTON, Nov. 07, 2023 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (Nasdaq: GLDD), the largest provider of dredging services in the United States, today reported… Read More
Philly Shipyard ASA (Oslo: PHLY) has announced a net loss of $17.2 million for the third quarter of 2023, bringing its 2023 losses to more than $49 million. The loss comes as Philly Shipyard successfully delivered the first National Security Multi-Mission Vessel (NSMV 1), named the Empire State, to the U.S. Department of Transportation’s Maritime Administration (MARAD) in… Read More
While continuing his responsibilities as the Head of the nation’s busiest port, Seroka will represent the North American region within the IAPH, a non-governmental organisation founded in Tokyo, Japan in 1955. The IAPH has evolved into a global alliance of ports over its six-decade history, now encompassing 177 ports and 147 port-related businesses across 84 countries. These… Read More