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Technology group Wärtsilä has signed a ten-year Guaranteed Asset Performance (GAP) agreement with US utility Omaha Public Power District (OPPD). The agreement covers the 150 MW Standing Bear Lake Station located in Omaha, Nebraska and is set to commence commercial service in 2024. Upon activation, the plant will provide dispatchable balancing power as part of the utility’s Power with… Read More
Global maritime and logistics leaders Crowley and SEACOR Holdings (“SEACOR”), through its subsidiary Seabulk Tankers, Inc.(“Seabulk”), today announced an agreement to form a joint venture that will integrate their liquid energy and chemical transportation vessels, operations and related services into a new, independent U.S. Jones Act service provider, Fairwater Holdings LLC (“Fairwater”). Fairwater will leverage… Read More
ROHR-IDRECO Appoints Oscar van den Broek as a service engineer
Crowley has appointed industry leader James Fowler as senior vice president and general manager of its Crowley Shipping business unit that serves diverse U.S. and international maritime and logistics sectors. Fowler most recently served as managing director of marine and stevedoring operations for Cooper Marine and executive vice president for Blakeley BoatWorks, both headquartered in… Read More
Curtin Maritime was founded in 1997 by Captain Martin Curtin, who was – and remains – a tugboat operator by trade. With his innate tenacity and a passion for the work itself, he set out to design and build a distinguished fleet operated by skilled crews and supported by a high-performing team onshore. Over time, those aspirations… Read More
“It All Starts with Dredging” | Lasse Petterson, President and CEO of Great Lakes Dredge and Dock Company | August 24, 2023 “What we should do is to build very high dunes and very wide beaches after storms. That costs more and maybe the funding is not there.” Lasse Petterson, President and CEO of Great… Read More
The National Retail Federation announced on Thursday it has acquired the Reverse Logistics Association (RLA), a global trade association for the returns and reverse industry. The acquisition will ensure that NRF’s members and the industry will continue to receive forward thinking, real world and actionable innovations, research and information to drive the world’s supply chain. The… Read More
Houston-based offshore contractor McDermott has reached an agreement with its creditors and stakeholders on a restructuring plan that will push out debt maturities and deliver a new cash injection. The company has secured backing from most of its key creditors to extend repayment deadlines on its letter of credit facility and term loans to 2027…. Read More
Arcadis U.S. Inc, a leading global design and consultancy organization for natural and built assets, is pleased to announce its selection to perform environmental and remediation services for the United States Army Corps of Engineers (USACE), Huntsville District. Arcadis is one of nine firms to be selected as part of an $800 million shared capacity framework contract. During the… Read More
Massachusetts Maritime Academy, a leader in offshore wind training, is the recipient of a $1 million award provided by the Massachusetts Clean Energy Center. This funding will be used for the expansion, design, development, and implementation of an Offshore Wind Vessel Simulation and Training Center. “The clean energy industry will bring valuable jobs to residents across Massachusetts,”… Read More
A four-year, $10 million grant from NOAA’s Marine Debris Removal Program to the BoatUS Foundation for Boating Safety and Clean Water aims to rid the nation’s shores of abandoned and derelict vessels (ADVs), and remove the associated pollution, navigation and safety hazards that can harm waters for years. The grant, funded by the Bipartisan Infrastructure Law, is part of NOAA’s… Read More
Arcadis continues to rank well in major categories and hold top-five positions across multiple sectors The Engineering News-Record (ENR), a leading engineering and construction publication, has released its 2023 rankings, with Arcadis continuing to rank atop major and sector lists, including buildings, transportation, hazardous waste, water, sewer/waste, and manufacturing. Regionally, Arcadis maintained its positions at… Read More
Bucyrus Steam Shovel and Dredge Company, acquired by Caterpillar in 2011, opened its manufacturing facility in South Milwaukee, Wis., in 1893 in a move designed to improve and expand its production facility. Production was relocated to the site to increase manufacturing efficiency of the company’s core large machinery, including rope shovels, draglines and dredges. Since… Read More
Minerva Advisors LLC has raised its stake in Great Lakes Dredge & Dock Co. by 2.8% in the first quarter, according to a recent disclosure with the Securities and Exchange Commission. The fund now owns 1,208,298 shares of the construction company’s stock, making it the 7th largest holding in Minerva Advisors’ investment portfolio. The stake… Read More
Spencer Johnson has joined Birdon as the Ship Design Director building on his extensive career in shipbuilding, Naval Architecture and Engineering. Spencer will lead Birdon’s Engineering and Integrated Product Teams to successfully deliver 27 vessels to the U.S. Coast Guard for the Waterways Commerce Cutter (WCC) Program. “Spencer’s background leading large ship design and construction projects make… Read More