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This marks a significant milestone in the $250 million investment to transform its ship repair capabilities and solidify its role as a key partner to the U.S. Navy and commercial maritime industry. The ceremony brought together approximately 500 attendees, including BAE Systems employees, subcontractors, Navy personnel, shipyard neighbors, local community members, and other distinguished guests,… Read More
HOUSTON, May 28, 2025 /PRNewswire/ — McDermott announces the publication of its 2024 Sustainability Report, presenting the company’s progress supporting a lower-carbon energy future as an integral part of McDermott’s safe, ethical and efficient business operations. This fifth annual report demonstrates McDermott’s sustainability strategy and how sustainability priorities – from decarbonization to circularity, and human rights to… Read More
The “White Continent,” as Antarctica is known, is a beautiful, fragile place, home to 44 million penguins and a few thousand researchers, yet owned by no one. While a lot of attention has been paid in recent years to the geopolitical and economic significance of the Arctic, interest in Antarctica is now also heating up. … Read More
The U.S. Senate Committee on Armed Services, through the National Defense Authorization Act (NDAA) for Fiscal Year 2025, tasked the U.S. Transportation Command (USTRANSCOM) with assessing how reduced dredging capacity may have impacted designated strategic seaports. In response, USTRANSCOM submitted a report titled Dredging and the Strategic Seaport Program, which has recently been declassified and… Read More
HOUSTON — Orion Group Holdings, Inc. (NYSE: ORN) (“Orion” or the “Company”), a leading specialty construction company, today announced the dual listing of its common stock on NYSE Texas, the newly launched fully electronic equities exchange based in Dallas. The Company will maintain its primary listing on the New York Stock Exchange and trade with… Read More
Gerard A. Neumann Jr., 83, a former U.S. Navy Seabee officer who became, at age 38, CEO of family- owned New York City-based marine and sewer contractor Spearin, Preston & Burrows, died April 5, said a family obituary. He also was president and labor relations director of the General Contractors Association of New York who… Read More
“The Jones Act is critical for our national and economic security. We are not the lowest cost provider, nor should we be. We build our ships under the highest safety and environmental standards, and we pay good wages and benefits to the incredible women and men who build and operate these ships. We cannot compete, nor should… Read More
Cal Poly has appointed two new leaders to guide the future of the Cal Poly, Solano Campus and the Cal Poly Maritime Academy as part of its ongoing integration efforts. Dr. Corey Cook has been named vice president and chief executive officer of Cal Poly, Solano Campus, while Rear Admiral (Retired) Eric C. Jones, USCG,… Read More
Department of Homeland Security Secretary Kristi Noem has announced that President Donald J. Trump has nominated Admiral Kevin E. Lunday to serve as the 28th Commandant of the U.S. Coast Guard. Lunday, who has been serving as Acting Commandant since January 21, 2025, will continue in that capacity until confirmed by the U.S. Senate. “Now… Read More
Shares of Australian Wisetech Global (ASX:WTC) jumped to a three-month high on Monday after the software firm said it will acquire U.S.-based cloud logistics provider E2open (NYSE:ETWO) in a $2.1 billion deal. Under the deal, WiseTech will pay $3.30 per share for E2open, funding the transaction entirely through a new $3.0 billion syndicated debt facility. The… Read More
Crowley has named Gunnar Moriarty as vice president of commercial operations for its Land Transportation business unit, focused on advancing the company’s inland end-to-end trucking and intermodal solutions across North America. With nearly two decades of experience across the transportation and logistics sectors, Moriarty is leading the strategic business growth of Crowley’s trucking and brokerage… Read More
South Korean conglomerate Hanwha Group is reportedly planning a major investment for improvements at its recently acquired Philly Shipyard, with plans to produce the U.S.-built LNG carriers. According to Korean newspaper JoongAng Ilbo, the $72 million investment will help transform the U.S. shipyard into a high-tech facility capable of producing up to 10 vessels annually by… Read More
The Shipbuilders Council of America (SCA), the national association representing the U.S. shipbuilding, maintenance, and repair industry, today announced Conrad Industries, Inc, parent company of Conrad Shipyard, received SCA’s annual “Excellence in Safety” Award which is given for performance for the 2024 calendar year, honoring the shipyard for its enhancement of operations and promotion of safety and… Read More
Uber Freight announces the launch of the industry’s first scaled AI logistics network, powered by its proprietary logistics-specific large language model (LLM) and embedded directly into its transportation management system (TMS) and logistics platform. With this launch, Uber Freight is reimagining how shippers of all sizes manage transportation—placing AI at the center to drive better decisions,… Read More
ARLINGTON, Va., May 19, 2025 /PRNewswire/ — The members of the American Waterways Operators, the national tugboat, towboat and barge industry association, elected a new slate of leaders last week during the association’s Spring Convention and Annual Membership Meeting. Patrick Sutton, Senior Vice President, Business Development and Planning, American Commercial Barge Line (ACBL), was elected Chairman of… Read More