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NEWPORT NEWS, Va., (Nov. 3, 2023) — HII’s (NYSE: HII) Newport News Shipbuilding division continues to make progress in the area of workforce development acceleration, and is meeting hiring demand for skilled trades positions through community outreach efforts and on-site hiring events. The shipyard recently participated in the What’s Next for Success Foundation career and… Read More
Capital Sand Company was incorporated in Jefferson City, Mo., on August 8, 1973. On August 9, 2023, the company celebrated its 50th anniversary with luncheons for employees at all of its plants and a ribbon cutting with the Jefferson City Chamber of Commerce. In the past 50 years, CSC went from a single location to… Read More
Sevenson Environmental Services Inc.,* Niagara Falls, New York, was awarded a $41,928,702 cost-plus-fixed-fee contract for environmental remediation of the Diamond Head Oil Superfund Site. Bids were solicited via the internet with two received. Work will be performed in Kearny, New Jersey, with an estimated completion date of Nov. 2, 2028. Environmental Protection Agency funds in… Read More
One of the world’s biggest shipping firms is to cut 3,500 more jobs due to lower freight rates and demand. AP Moller-Maersk already cut 6,500 roles earlier this year as part of “rigorous cost containment measures” but said more redundancies were needed. The firm, which transports goods for major retailers such as Nike, said profits… Read More
Today, the U.S. Department of Transportation’s Maritime Administration (MARAD) announced over $47 million to fund a port improvement project in Baltimore, Maryland under the Port Infrastructure Development Program (PIDP). As part of President Biden’s Investing in America agenda – a key pillar of Bidenomics – this funding will help grow capacity and increase efficiency at… Read More
On October 11th, Rear Admiral (RADM) Charles E. Fosse visited Birdon’s Bellingham, WA facility for a tour of the manufacturing area and a briefing by team leaders on the progress of the 47’ Motor Lifeboat (MLB) Service Life Extension Project (SLEP). RADM Fosse, who recently took command of the U.S. Coast Guard’s (USCG) 13th District, is… Read More
Following decisions of its Board of Directors, Ørsted will cease development of the Ocean Wind 1 and 2 projects and has taken final investment decision on the Revolution Wind project. The decisions are part of an ongoing review of Ørsted’s US offshore wind portfolio. Impairment update On 29 August 2023, Ørsted announced anticipated impairments on… Read More
GLDD is proud to announce the hiring of Dick Balzano as VP, Government Relations. Balzano will be based in Washington DC and will initially focus on offshore wind and maritime issues for the company. His hiring will be effective 1 November. Lasse Petterson CEO for GLDD said “Dick brings a lot of experience and credibility… Read More
Crowley has been recognized as a Top Company for Women to Work for in Transportation by Women in Trucking Association’s official magazine, Redefining the Road, for the company’s commitment to cultivating an empowering and engaging workplace for women. With more than 7,000 employees globally, Crowley emphasizes empowering women through a range of initiatives. These include… Read More
Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) today announced that it will release the financial results for its three and nine months ended September 30, 2023 on Tuesday, November 7, 2023 at 7:00 a.m. C.S.T. A conference call with the Company will be held the same day at 9:00 a.m. C.S.T. Investors and analysts… Read More
Today, Ørsted’s Board of Directors approved the interim report for the first nine months of 2023. Operating profit (EBITDA) for the first nine months amounted to DKK 19.4 billion. Excluding new partnerships, EBITDA amounted to DKK 15.4 billion, DKK 1.0 billion higher than in the same period last year. Earnings from offshore sites amounted to… Read More
Following decisions of its Board of Directors, Ørsted will cease development of the Ocean Wind 1 and 2 projects and has taken final investment decision on the Revolution Wind project. The decisions are part of an ongoing review of Ørsted’s US offshore wind portfolio. Impairment update On 29 August 2023, Ørsted announced anticipated impairments on… Read More
UK announces support for moratorium on granting of exploitation licences for deep sea mining by the International Seabed Authority. The UK government has today announced its support for measures designed to protect the world’s ocean and improve the conservation of marine biodiversity. Ahead of International Seabed Authority (ISA) negotiations starting today, and a month ahead… Read More
Mercury Marine president John Buelow grew up boating on the lakes of northern Wisconsin, the company’s home state, fishing and water skiing with his family. Next May, he’ll mark 20 years with Mercury. “Being from Wisconsin, it’s a dream come true to be part of Mercury, and now, to have the opportunity to lead it,… Read More
Ports America has announced Rob Kusicielas as its new Chief Commercial Officer (CCO). Kusicielas will be in charge of all commercial operations and strategy for the firm, including overseeing sales, marketing, and business development teams and exploring new market possibilities. Kusicielas joins Ports America from Cargomatic, where he spent over 20 years supervising the planning,… Read More