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California Legislature Passes AB 1122. In the waning hours of the 2024 legislative session on August 30, the California Assembly passed AB 1122, an AWO-supported bill to provide relief from the recently amended Commercial Harbor Craft Rule, by a vote of 69-0. The bill, which the State Senate previously passed by 39-1, now sits on Governor… Read More
Sunrock Industries, formerly Carolina Sunrock, hired Mike Nolan as its new president. Sunrock, which is headquartered in Raleigh, North Carolina, is a privately held construction materials supplier. Nolan joins the company with a 20-year career in construction materials, most recently having served as president of a family-owned company in New York that specializes in aggregates,… Read More
HOUSTON–(BUSINESS WIRE)–Port Houston announced today that Charlie Jenkins has officially assumed the role of Chief Executive Officer, taking the helm from long-time executive director Roger Guenther, following his retirement on August 28. Jenkins has worked at Port Houston for more than 30 years and was named incoming CEO in April 2024 after most recently serving… Read More
HOUSTON, Sept. 3, 2024 /PRNewswire/ — McDermott announces the safe and successful decommissioning of the Campbell platform and associated offshore infrastructure at the Varanus Island hub in Western Australia. Under a contract awarded to McDermott in January 2024 by Santos, the company provided engineering, procurement, removal, and transportation of the platform topsides, substructure, and associated items to… Read More
Download the Press Release (PDF) Paris – TotalEnergies has signed a $100 million agreement with Anew Climate, a North American leader in climate solutions, and Aurora Sustainable Lands, a carbon-stewardship company and forest landowner in the U.S. to deploy their projects aimed at protecting productive forests from heavy timber harvesting, advancing conversion to sustainable management… Read More
Tine Elaine Enger Kinn, Chief of Staff and VP Sustainability, discusses Gelato’s annual sustainability report and its sustainable shipping model Scope 3 emissions are responsible for more than 70% of most carbon footprints, and shipping plays a part in this. Reducing mass production and transitioning to local, on-demand manufacturing could be the key to reductions…. Read More
CAMP ARIFJAN, Kuwait — The “Always Forward” U.S. Army Corps of Engineers Expeditionary District conducted a combined change of command ceremony welcoming new leadership to the only forward-deployed district serving in the Central Command area of responsibility. Col. Mohammed Z. Rahman relinquished command of the district to Lt. Col. Eder C. Ramirez and Sgt. Maj…. Read More
Matthew (Matt) Wypyski, a 33-year maritime industry official, began as deputy executive director for commercial development at the Maryland Port Administration (MPA) earlier this month. In this position, Wypyski oversees and manages all revenue activities associated with the MPA including the departments of trade development and also maritime commercial management and strategic initiatives. Wypyski’s long… Read More
Austal USA, an Alabama-based shipbuilder that makes vessels for the US Navy, has admitted wrongdoing and agreed to pay a $24 million fine to settle an accounting fraud investigation, the US Department of Justice announced Tuesday. From 2013 through July 2016, Austal USA conspired to mislead shareholders and investors about the company’s financial condition, the… Read More
Lieutenant Colonel Donald K. Lew was promoted from Major to Lieutenant Colonel in a ceremony held on August 28, 2024, on the patio at the Transatlantic Middle East District (TAM) Headquarters in Winchester, VA. The event, attended by his parents—both retired USACE engineers—his wife, and their three children, as well as friends and distinguished guests,… Read More
HOUSTON — Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announced today that the Company’s issuer credit rating has been upgraded to “B-” from “CCC+” by S&P Global Ratings (“S&P”). S&P based its ratings upgrade in part due to the… Read More
MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat, yacht and superyacht services Company, today announced the appointment of Bonnie S. Biumi to its Board of Directors, effective September 1, 2024. Ms. Biumi, 62, will also serve as chair of the Audit Committee, replacing Hilliard M. Eure III, who simultaneously will retire from the Board after 20 years… Read More
HOUSTON, Aug. 28, 2024 (GLOBE NEWSWIRE) — Orion Group Holdings, Inc. (NYSE: ORN) (”Orion” or the “Company”), a leading specialty construction company, announced today that its executive leadership team rang The Opening Bell® on the New York Stock Exchange (“NYSE”) to mark its 15th anniversary as a listed company. In addition, the Company is also celebrating its 30th anniversary. “Today was a special day… Read More
Topic of the Month: The New Era of Peak Season: What You Need to Know and How to Prepare As we approach the bustling months ahead, the logistics and supply chain industry braces itself for one of the most critical periods of the year: Peak Season. This time of heightened activity brings unique challenges and… Read More
HOUSTON, Aug. 26, 2024 (GLOBE NEWSWIRE) — 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 $256.2 million. The awarded work includes: Mobile Harbor, Alabama Deepening and Widening – Phase 2A Dredging Project (Capital, Alabama,… Read More