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McDermott has received a limited notice to proceed for an engineering, procurement, construction and installation (EPCI) contract from Shell Trinidad and Tobago Limited for the Manatee gas field development project, located off the east coast of Trinidad and Tobago. Subject to Shell taking a final investment decision, the Manatee project scope is for the design,… Read More
Introducing the 2023 Ship of the Year! We are proud to announce that Neptune has clinched the prestigious hashtag#ShipOfTheYear 2023 award for our revolutionary vessel! Our groundbreaking hybrid cargo ship, the first of its kind, sails into the future with a unique blend of technology and innovation. Featuring a cutting-edge design and pioneering technology, this… Read More
HOUSTON, Nov. 27, 2023 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD), the largest provider of dredging services in the United States, today announced that its President and Chief Executive Officer Lasse Petterson and its Senior Vice President, Chief Financial Officer and Treasurer, Scott Kornblau, will present at NobleCon19 – Noble Capital Markets’ 19th Annual… Read More
HOUSTON, Nov. 28, 2023 (GLOBE NEWSWIRE) — Orion Group Holdings, Inc. (NYSE: ORN), a leading specialty construction company, announced today the appointment of Edward Chipman (“Chip”) Earle as Executive Vice President, General Counsel, Chief Administrative Officer, Chief Compliance Officer and Corporate Secretary, effective November 27th. Mr. Earle will succeed Executive Vice President Peter R. Buchler,… Read More
HOUSTON, Nov. 21, 2023 /PRNewswire/ — McDermott has been awarded a sizeable* engineering, procurement, removal and disposal contract by Santos. The offshore decommissioning award is for the full removal and disposal of the Campbell platform structure, which is part of the Varanus Island Hub offshore infrastructure in Western Australia. Under the contract scope, McDermott will provide project… Read More
AIT Worldwide Logistics, a leading provider of global supply chain solutions, has entered into a binding purchase agreement to acquire Lubbers Logistics Group, a European logistics company specializing in high-value, complex, and time-sensitive transport services. The purchase will serve as a significant milestone for AIT as the company continues to expand its global reach and… Read More
HOUSTON, TEXAS – Caterpillar Marine today announced it has entered a memorandum of understanding with Penguin International Limited and Cat® dealer Tractors Singapore Limited (TSL). Based in Singapore, Penguin International is a recognized regional aluminum shipbuilder as well as an owner/operator of aluminum high-speed vessels. The company was founded in 1976 and is publicly listed on Singapore’s… Read More
Water levels in the Panama Canal are critically low, and the effects could be devastating. The canal represents one of the world’s most important trade routes and plays an essential role in the US trade system. Ship traffic in the canal has already fallen by 25%, and throughput capacity has been cut in half. This… Read More
Arcadis, a leading global design and consultancy organization for natural and built assets, in collaboration with the City of New London, is proud to announce the groundbreaking for the Lead Service Line Replacement (LSLR) Program. The replacement program, valued at $33 million, is a multi-year project and represents a significant milestone in the City’s ongoing commitment to… Read More
Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) stock fell -1.42% on Monday to $6.25 against a previous-day closing price of $6.34. With 0.52 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.34 million shares. During the session, the Engineering & Construction company that operates in wider… Read More
Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services, announced today that the U.S. Army Corps of Engineers (USACE) Rock Island District, Great Lakes and Ohio River Division, selected Tetra Tech for a $33 million task order to provide architectural and engineering (A-E) services to design a new 1,200-foot navigation… Read More
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