The Bureau of Ocean Energy Management has announced significant progress in efforts to develop offshore critical minerals resources in the Pacific, completing Area Identification offshore American Samoa and launching a public comment period for the Commonwealth of the Northern Mariana Islands. The moves represent the first concrete steps toward commercial leasing of seabed minerals and… Read More
Women In Maritime Operations (WIMOs), a non-profit organization dedicated to supporting, advancing, and connecting women in the maritime industry, is pleased to announce the election of Hillary Franke as the organization’s new Executive Secretary. Franke brings over 17 years of experience in dredging and marine construction. She currently serves as Director of Operations at Encore… Read More
By Jack Burke, Senior Editor, Compressor Tech2 Will serve eastern U.S. and Caribbean Accelleron North America has named Dave Otto as territory sales manager, overseeing service sales across the eastern United States and the Caribbean. In his new role, Otto will focus on strengthening customer relationships and supporting operations in the power production, cruise, shipping,… Read More
Last week, we celebrated the grand opening of our new Trades Building — a major investment in the people, operations, and partnerships that power our region’s maritime industry. This 9,000-square-foot facility expands our capacity for hands-on work, equipment training, and continued workforce development. As Chairman and CEO Randall Crutchfield shared, “This new trades building isn’t… Read More
Executive summary Trade flows across India, the Middle East, and Africa continue to show resilience amid a complex policy landscape and shifting global demand. The final quarter of 2025 is marked by stabilized ocean reliability, major customs reforms, and a renewed focus on sustainable inland logistics. India’s accelerated trade negotiations with the EU and the… Read More
Ocean Update Europe to North America: Demand from North Europe has picked up, but you still have space on our TA1 and TA2 services into the U.S., including extra capacity on Maersk Columbus 543W (TA1). We also have open space from the Mediterranean to the U.S. on TA10 and TA12, with additional capacity on GSL Eleni… Read More
Ocean and Key Ports Update To ensure schedule stability and reliability during the upcoming holiday period, Maersk has implemented a series of adjustments on the transatlantic network effective from week 52 of 2025 to week 2 in 2026. Please head to our dedicated advisory page to view these changes and get the latest updates. We encourage customers… Read More
Trimble’s Advanced Geospatial Equipment will Provide Hands-on Training to Prepare the Next-Generation Workforce WESTMINSTER, Colo. — Trimble® today announced that it has provided advanced geospatial equipment to Fresno State’s Geomatics Engineering Program in collaboration with California Surveying & Drafting Supply (CSDS — a Cansel company). The equipment is designed to facilitate experiential learning in optical surveying, photogrammetry, GIS, GNSS and scanning… Read More
Record annualized recurring revenue, reflecting ongoing execution of the Connect & Scale strategy Record third quarter gross margin Third quarter results exceeded expectations Raising full year 2025 guidance WESTMINSTER, Colo. — Trimble Inc. (Nasdaq: TRMB) today announced financial results for the third quarter of 2025. Third Quarter 2025 Financial Highlights Revenue of $901.2 million, up 3 percent… Read More
Federal immigration authorities conducted a targeted enforcement operation at an unidentified Louisiana shipyard last week, resulting in the arrest of 25 Honduran nationals working for a welding contractor that allegedly failed to comply with employment verification requirements. ICE Homeland Security Investigations (HSI) New Orleans, supported by Enforcement and Removal Operations (ERO), executed the intelligence-driven operation… Read More
Dredging and coastal protection company Great Lakes Dredge & Dock GLDD missed Wall Street’s revenue expectations in Q3 CY2025 as sales rose 2.1% year on year to $195.2 million. Its GAAP profit of $0.26 per share was 50.7% above analysts’ consensus estimates. Is now the time to buy Great Lakes Dredge & Dock? Find out by accessing our… Read More
NEWPORT NEWS, Va. — HII (NYSE: HII) announced today that Tim Taylor has been appointed vice president of engineering, technology and design at its Newport News Shipbuilding division. Taylor, a U.S. Navy veteran, has served NNS for 29 years in positions of increasing responsibility, including work control, submarine ship’s safety and sea trial coordination. He… Read More
ALEXANDRIA, VA—The National Stone, Sand & Gravel Association (NSSGA) today announced Michele Stanley as the association’s new President & CEO. Stanley has been with the association for over ten years, serving in various roles in government affairs, most recently as Executive Vice President and Chief Advocacy Officer. During her tenure, she helped grow the association… Read More
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