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Maersk officially opened the company’s new global Innovation Center on May 15, 2023. The team will focus on the entire logistics chain, using emerging technologies, taking ideas from inception to impact and developing new tools for the workforce that improve operational processes. Potential ideas will be tested as pilots and will be introduced as scalable… Read More
Horizon Air Freight and Swift Marine have entered a strategic business partnership, uniting as a single company: Horizon Group. The new company will offer a combination of marine logistics and port agency services in North America, South America, Asia, and Europe. “Two great companies have become one for the betterment of our clients,” said Steve… Read More
The Greenbrier Companies, Inc. (NYSE: GBX) (“Greenbrier”) today announced the completed sale of its Gunderson Marine operations to Oregon Green Manufacturing, LLC (OGM). Gunderson Marine operates within a 58-acre industrial waterfront site in Portland, Oregon, which OGM has acquired. The acquisition by OGM preserves approximately 300 family-wage jobs at Gunderson. OGM is a manufacturing business recently formed… Read More
By Janet Levy Let us suppose you draw water and sediment in small quantities from a stream bed. After removing some solid material, you let the remainder flow back into the stream without adding anything. Are you polluting the stream? Common sense dictates one answer. But an overzealous Idaho green group and a federal court do not see it that… Read More
Marino Group has announced the opening of a new container depot of around 140,000 m² in Alabama, US to meet the demands of the container and intermodal traffic through the port of Mobile and the US Gulf. Container maintenance and repair, loaded and empty container storage, warehousing, chassis start-stop and repairs, grounded temperature-controlled unit pre-trips,… Read More
Port of Corpus Christi Commissioners Tuesday accepted the resignation of Chief Executive Officer Sean Strawbridge, effective June 2. Strawbridge will continue to serve as CEO until that time. An interim chief executive, as well as plans to identify a new CEO, will be announced at a future Commission meeting. “I am extremely proud of the… Read More
Conrad Industries, Inc. (OTC Pink: CNRD) announced today its first quarter 2023 results. For the quarter ended March 31, 2023, Conrad had net loss of $5.1 million and loss per diluted share of $1.01 compared to net loss of $116,000 and loss per diluted share of $0.02 during the first quarter of 2022. The Company’s financial reports are available at www.otcmarkets.com. During the first three… Read More
HOUSTON, May 16, 2023 — Orion Group Holdings, Inc. (NYSE: ORN), a leading specialty construction company, today announced the closing of a new 3-year $103 million senior secured asset based credit facility with White Oak ABL, LLC and White Oak Commercial Finance, LLC, which are the asset based lending affiliates of White Oak Global Advisors,… Read More
Williams-Mystic Maritime Studies Program students Jessica Jiang and Ari Quasney were awarded Crowley scholarships for their academic achievements, demonstration of the company’s core values of drive, integrity and sustainability and interest in the maritime industry. Jiang, of Brooklyn, New York, is a sophomore at Williams College where she studies English. Her marine education spans multiple… Read More
Austal USA announced the promotion of Chris Young to Vice President of Production Operations. Young, formerly Senior Director of Production, is a 26-year veteran of Austal with 19 of those years spent at Austal USA’s new construction manufacturing facilities in Mobile. Young’s tenure with Austal began immediately following school in Perth, Australia, when he joined… Read More
Macquarie Asset Management is looking to sell North American operator Ceres Terminals, reports The Wall Street Journal. The Australian investor is winding down its Macquarie Infrastructure Partners III fund focused on big physical assets in the U.S. and Canada. Ceres operates both container terminals at secondary ports and box-handling business at gateways including Georgia’s Port of… Read More
SEATTLE — Seattle-based maritime organizations, including the Port of Seattle, kicked off a local “Maritime Works” campaign drawing awareness to local opportunities for young adults looking for a high-wage career based in Puget Sound (#MaritimeWorks). For the first time, essential maritime career information is consolidated on one website where multiple career paths are presented including… Read More
The Illinois International Port District (IIPD) is seeking a combination of state and federal grants, as well as private funding, to rehabilitate its critical infrastructure and help maintain the global supply chain. IIPD recently applied for a $37 million grant from the Federal Maritime Administration’s Port Infrastructure Development Program (PIDP) to rehabilitate the 113-year-old dock… Read More
RESERVE, LOUISIANA – Over the last few months DSC Dredge has been redefining its team by investing in them, promoting from within and adding fresh perspectives. On Monday 23rd April, 2023, DSC Dredge a leading manufacturer of dredging equipment, introduced Josh J. Louviere as Vice President of Operations (VP of Operations). In his new role, Josh will lead and oversee all… Read More
SAAM, a company providing port, logistics and towage services in the Americas, concluded the purchase of 21 tugboats from the Brazilian company Starnav, which includes 19 tugs currently in operation and two additional vessels in the final phase of construction. “This is one of the largest transactions in SAAM’s history and is part of our… Read More