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Third quarter 2025 earnings per share of $1.65, up 6% year-over-year Inland marine third quarter impacted by lower utility, averaging in the mid-80% range for the quarter with improvement into the 85-90% range expected and already seen in the fourth quarter Steady market conditions in coastal marine with operating margins improving to around 20% Power generation… Read More
By Matt Hooke – Reporter, Baltimore Business Journal Ecosystem Investment Partners closed a $400 million fund for wetland preservation. The fund will restore 8,000 acres of wetlands and 23 miles of streams. The company sells environmental mitigation credits to generate investor returns. A Baltimore firm that preserves wetlands and sells credits to help companies comply with environmental… Read More
ABS and Siemens Digital Industries Software (DISW) have signed a memorandum of understanding to accelerate the digital transformation of maritime classification processes across ship design and construction. The collaboration will also advance product lifecycle management (PLM) technology to enhance efficiency, data integrity and regulatory compliance throughout the vessel life cycle. The MOU establishes a framework… Read More
Third quarter net income of $17.7 million Third quarter Adjusted EBITDA of $39.3 million Dredging backlog of $934.5 million at September 30, 2025 HOUSTON, Nov. 04, 2025 (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
The nationwide truck driver shortage has claimed another shipping company. California-based Supra National Express filed for Chapter 11 bankruptcy on Oct. 28, according to The Street. The report stated 17 trucking companies have filed for bankruptcy in the second quarter of 2025 alone. In Alabama, Montgomery Transport filed for Chapter 7 bankruptcy Oct. 11 and left about… Read More
Welcome aboard to our new President, Nathan Hough. With an accomplished background of maritime transportation, Nathan brings the kind of steady leadership that moves teams forward. Source
US autonomous vessel manufacturer Saronic Technologies is deepening its existing partnership with chip maker Nvidia to focus on advancing technologies for maritime autonomy and robotics. The partnership will see the two companies work together on research and development in robotics and autonomous technology to find ways to improve decision-making capabilities for ships operating at sea…. Read More
ARC Surveying and Mapping turns spooky uncertainty into calm, decision-ready insight, so owners, pilots, and contractors move with calm confidence. Multibeam bathymetry, side-scan sonar, sub-bottom profiling, electrical resistivity, magnetometer tracking, and ArcGeoTwin 3D models reveal hidden objects, map layers, confirm volumes, and set safe windows for navigation and dredging. Happy Halloween from the team that turns… Read More
AOTOS Awards Presented to Maritime Industry Leaders Captain Willie Barrere, Edward F. Hanley and Vincent J. Marino NEW YORK, October 28, 2025 — The United Seamen’s Service (USS) presented its 56th Annual Admiral of the Ocean Sea Awards (AOTOS) to three distinguished maritime leaders whose commitment, leadership, and service embody the spirit of the American maritime tradition. Honorees… Read More
American Water Works will merge with Essential Utilities to create a $40 billion public water and wastewater utility, which will operate under the name of American Water. Based in Camden and Bryn Mawr, Pennsylvania, respectively, American Water and Essential Utilities, the parent company of Aqua Water and Peoples Natural Gas, are the two largest municipal water… Read More
WILMINGTON, N.C. – A resilience and restoration technology company is partnering with the NC Coastal Federation to analyze the impacts of coastal ecosystems along the state coast. Natrx, based in North Carolina, will analyze shoreline changes and identify where restoration can most benefit the coast. Natrx is using its Assess toolset, powered by advanced AI… Read More
ADK Consulting & Executive Search has helped to recruit Chris Wimsatt as the new CFO of the Port of Seattle. Rod Dinger led the assignment. “The Port of Seattle’s success as an economic engine and job creator is tied directly to our financial management,” said Port of Seattle executive director Steve Metruck. “Chris’s experience in aviation, general purpose government, and… Read More
PDF Version HOUSTON — Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) today announced that it will release the financial results for its three months ended September 30, 2025, on Tuesday, November 4, 2025, at 7:00 a.m. CDT. A conference call with the Company will be held the same day at 9:00 a.m. CDT. Investors… Read More
(HOUSTON) ABS has appointed David Wechsler, a founding partner of the firm that became Hitachi Consulting, as the new Chief Executive Officer for ABS Group. Wechsler has a distinguished 35-year career in management consulting leadership positions across manufacturing, consumer products, sustainable energy, automotive, technology and services industries. He has grown multiple consulting practices, demonstrating expertise in… Read More
(HOUSTON) With improved safety for offshore operations as the objective, ABS launched ABS EagleTwin™, a web-based structural digital twin solution tailored for FPSO, FLNG and FSRU owners and operators. ABS EagleTwin provides an interactive 3D digital representation of an offshore asset to enable more informed decision-making for repair and inspection operations. The new tool integrates inspection… Read More