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Stamford, Conn., headquartered Eagle Bulk Shipping Inc. (NYSE: EGLE) has expanded its fleet with the purchase of a high-specification 2015-built Ultramax bulk carrier for $24.3 million. The vessel, which was constructed at the Chengxi Shipyard Co., Ltd., will be renamed the M/V Gibraltar Eagle and is expected to be delivered to the company during the first quarter of… Read More
Jessica Mahaffey, vice president and chief marketing officer for ABS, recently joined the Marine Log editorial advisory board. Advisory board members act as points of consultation on editorial ideas, including story topics, podcasts, Q&As, webinars, and any other initiatives Marine Log takes on. Mahaffey is responsible for leading the development and execution of measurable strategies globally… Read More
Bulk liquid terminal operator IMTT reports that it has closed on the sale of the company’s bulk liquids storage terminal located in Gretna, Louisiana to BWC Terminals LLC. The Gretna terminal is located on the Mississippi River and has approximately 2.3 million barrels of storage capacity, with truck, rail, and deep-water marine access. “BWC was uniquely positioned to… Read More
Saturday 17 September 2022 was World Cleanup Day. Worldwide, Jan De Nul employees rolled up their sleeves to clean up the environment around their offices, sites or warehouses. In Taiwan and Bangladesh, too, employees and their family members gave their best for a cleaner environment. Taiwan Against the backdrop of offshore wind farms Formosa 1… Read More
Eranda Kotelawala has been elected as vice-president for the southeast Asia and Oceania region of the International Association of Ports and Harbors (IAPH). Since 2017, Kotelawala has served as the CEO of the Solomon Islands Ports Authority, which oversees the two major ports and terminals at Noro and Honiara. Kotelawala was Chief Operating Officer of… Read More
Note that DredgeWire was the first media outlet to report this story! On Jan. 1, 2023, Kiewit Corporation completed its acquisition of Weeks Marine, Inc. and its subsidiaries Healy Tibbitts Builders, Inc., McNally International, Inc. and North American Aggregates for an undisclosed amount. “This acquisition offers substantial opportunities for both companies,” said Kiewit CEO Rick… Read More
According to an SEC report, as of December 31, 2022 Grace & White, Inc. has ceased to be the beneficial owner of more than five percent of the common stock of Orion. Source
HOUSTON, Jan. 04, 2023 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD), the largest provider of dredging services in the United States, announced that it will be presenting at the 23rd Annual CJS Securities “New Ideas for the New Year” Investor Conference, to be held virtually on Wednesday, January 11, 2023 at… Read More
Manson enjoys a reputation as one of the best marine construction and dredging companies in the industry. That reputation has been earned over many years through the work we perform and the relationships we have built with our clients. It all starts with our project teams and our highly skilled crews, some of the most… Read More
As stated in several press releases issued in 2022, GTT is involved in Russia in the tank design of 15 ice-breaking LNG carriers under construction by the Zvezda Shipbuilding Complex (Zvezda), as well as in the design of three GBSs1 for Saren B.V.2 As of October 1, 2022, revenues of €74 million remained to be… Read More
Palatka, Fla., based St. Johns Ship Building has appointed Ken Gentle to the position of vice president of repair. In that role, Gentle will be leading the shipyard’s production and project management teams tasked with repairing various types of both steel and aluminum vessels. “Kenneth comes to us with over four decades of industry experience… Read More
The Black Sea Grain Initiative was “a highlight of UN diplomacy” in 2022. In late July, with encouragement from the United Nations and the government of Turkey, Russia agreed to allow a limited number of cargo ships to transit to and from select Ukrainian seaports to load grain cargoes. It has been a partial success: In… Read More
The beginning of the year marks a new chapter for the Los Angeles Economic Development Corp. Chief Operating Officer Stephen Cheung will assume his new role as chief executive and president of the organization, taking over for veteran leader and business advocate Bill Allen. Cheung’s promotion comes as the nonprofit is seeking more ways to… Read More
Shipping CEO and diversity and inclusivity advocate Karin Orsel has been announced as the new Chair of international maritime charity the International Seafarers’ Welfare and Assistance Network (ISWAN). A trustee of ISWAN for seven years, Karin has shared her first-hand knowledge of the shipping industry as founder and CEO of MF Shipping Group along with… Read More
United Safety, a global manufacturer of safety and survivability technology solutions, announced the acquisition of Allsalt Maritime closing on December 31st, 2022. Allsalt Maritime, based in British Columbia, Canada, is best known for its Shoxs product line of impact-mitigation seating, protecting maritime military agencies and recreational boaters with configurable seating systems that absorb harmful shock and vibration resulting from… Read More