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Conrad Industries, Inc. (OTC Pink: CNRD) has released its financial results for the second quarter and six months ended June 30, 2023, as well as its backlog at June 30, 2023. During the second quarter of 2023, Conrad reported a net loss of $5.9 million and a loss per diluted share of $1.18. This is… Read More
IADC is proud to announce nine submissions in the running to receive the Safety Award 2023. IADC will announce submissions every week, starting from 12 July, 2023. The winner will be announced on 15 September 2023. 7TH NOMINATION: VAN OORD – LNG TRAINING Van Oord’s LNG training on its fleet of LNG powered dredgers provides crew with system… Read More
Forward Air Corporation (NASDAQ: FWRD) (“Forward”) and Omni Logistics, LLC (“Omni”), a private company that is majority owned by Ridgemont Equity Partners (“Ridgemont”) and EVE Partners, LLC (“EVE”), today announced that they have entered into a definitive agreement under which Forward and Omni will combine in a cash-and-stock transaction, creating a combined company that generated… Read More
Chairwoman of the Northern Chumash Tribal Council, Violet Sage Walker, was appointed to the federal Ocean Research Advisory Panel on Aug. 1. The Ocean Research Advisory Panel (ORP) will provide independent recommendations to the federal government on ocean research policy and implement policies and procedures as part of the National Oceanographic Partnership Program. “I’m honored to be part of… Read More
Crowley and the Port of San Diego broke ground for the shoreside charging station designed to provide clean energy for the company’s forth-coming zero-emissions tugboat, eWolf. Joined by key partners and community stakeholders, the ceremony marked a significant step forward in the industry’s journey to decarbonization and reduce emissions in the San Diego community. The charging… Read More
Great Lakes Dredge & Dock Co. LLC, Houston, Texas, was awarded a $27,113,800 firm-fixed-price contract for beachfill and dredging services. Bids were solicited via the internet with two received. Work will be performed in Bay Shore, New York, with an estimated completion date of Feb. 14, 2024. Fiscal 2010 disaster relief funds in the amount… Read More
U.S. Army Corps of Engineers, Fort Worth District, held an assumption of command ceremony for incoming commander, Col. Calvin A. Kroeger, before a packed room, Aug. 3, 2023, at the Fort Worth Club. During the ceremony, the district flag, or colors as they are known, were passed from the deputy district engineer, Arnold “Rob” Newman, to… Read More
Rail is acknowledged as the most fuel-efficient way to move freight over land, with a gallon of fuel stretching an average of 500 miles, according to the Association of American Railroads (aar.org). In July this year the United States Environmental Protection Agency (EPA) endorsed the push for freight railroads, stating that the transport mode can… Read More
If you sank deep into the ocean, where the light no longer reaches, you would see, sitting on the seabed floor, nodules that look just like unassuming rocks. Those grayish clusters are actually filled with vital metals like cobalt, nickel, and copper, which are materials used in the construction of electric cars. Companies and governments are eager to… Read More
Preparing benefit-cost analyses consistent with Office of Management and Budget (OMB) Circulars A-4 or A-94 often involves analyzing ecosystem services. This guidance uses the term ecosystem services to encompass all relevant contributions to human welfare from the environment or ecosystems. The United Nations defines ecosystem services as “the contributions of ecosystems to the benefits that… Read More
While the overall funding for the Corps in both bills is higher than last year (contrary to the story in part 1, above), the coastal figures are sharply down. Focusing on just FY24, the President proposed $51.37 million, the House upped that to $91.76 million, and the Senate came in below that at $88.28 million. … Read More
Lake Restoration Solutions CEO Ryan Benson paid his own consulting group tens of thousands of dollars before walking away from money owed to vendors, attorneys and an ecology professor when he declared the dredging company broke last month. During a brief creditors hearing Wednesday, Benson acknowledged LRS had paid his Stag Consulting group $20,000 a month… Read More
Todd P. Murphy has been appointed to the Board of Commissioners of the Port of New Orleans. Murphy was appointed by Gov. John Bel Edwards to replace Jack C. Jensen as a representative of Jefferson Parish on the board. Murphy is chief operating officer of M Wealth Advisors — Raymond James. For nearly a decade, he… Read More
Arc Surveying & Mapping, Inc. has been selected by Curtin Maritime to provide hydrographic and geophysical surveying services on the Jacksonville District US Army Corps of Engineers San Juan, Puerto Rico channel improvement project. San Juan Harbor Maintenance & Construction Dredging The work consists of construction and maintenance dredging in designated areas of the Federal… Read More
Karenthia A. Barber has been appointed by Maryland Governor Wes Moore to serve on the Maryland Port Commission, making her the first black woman to hold this position. The Maryland Port Commission (MPC) is responsible for developing policies that aim to enhance the competitive standing of the Port of Baltimore in the global maritime industry…. Read More