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SEACOR Marine Holdings Inc. (NYSE: SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore energy facilities worldwide, today announced results for its first quarter ended March 31, 2023. SEACOR Marine’s consolidated operating revenues for the first quarter of 2023 were $60.0 million, operating income was $0.2 million, and direct vessel profit… Read More
Overseas Shipholding Group, Inc. (NYSE: OSG) (the “Company” or “OSG”) today announced that it has published its annual Sustainability Report. The report includes information relating to the Company’s efforts on environmental, social, and corporate governance practices during 2022, as well as its long term plans to evolve in these areas. The Sustainability Report can be… Read More
Overseas Shipholding Group, Inc. (NYSE: OSG) (the “Company” or “OSG”), a leading provider of liquid bulk transportation services in the energy industry for crude oil and petroleum products in the U.S. Flag markets, today reported results for the first quarter of 2023. Shipping revenues for the first quarter of 2023 were $113.8 million, an increase… Read More
The Los Angeles City Council Tuesday confirmed three new members to the city’s Board of Harbor Commission, a five-member oversight group for the Port of Los Angeles. Los Angeles Mayor Karen Bass nominated former U.S. Rep. Lucille Roybal-Allard, Michael Muñoz and Lee Williams. The new commissioners will participate in their first meeting on May 11,… Read More
HOUSTON, May 08, 2023 (GLOBE NEWSWIRE) — Orion Group Holdings, Inc. (NYSE: ORN), a leading specialty construction company, today reported its financial results for the first quarter ended March 31, 2023. Highlights for the quarter ended March 31, 2023: Backlog and awarded contracts at the end of the first quarter totaled $1.1 billion Entered into a… Read More
Pangaea Logistics Solutions has entered into a definitive agreement to acquire marine port terminal operations in Port Everglades/Fort Lauderdale and port of Palm Beach in Florida, and the port of Baltimore in Maryland from Host Terminals, a subsidiary of T. Parker Host, in an all-cash deal. The Nasdaq-listed US bulker owner of 25 ships, operates… Read More
On April 26, 2023, Orion Group Holdings, Inc. entered into a Land Sale Contract with Equity Resource Partners – East West, LLC, a Georgia limited liability company, who, subject to normal due diligence conditions, has agreed to purchase two parcels of land in Harris County, Texas (approximately 341.3 acres), previously used by the Company as… Read More
Callan Marine staff, crew, and guests gathered to watch the dockside launch of its newest fleet asset, the 18” cutter suction dredge named the General Marshall from headquarters in Galveston, Texas. At 194’ feet long and 41’ feet wide, the General Marshall was constructed by DSC Dredge LLC beginning at Poplarville, Missouri, and completed construction… Read More
Safety Culture Celebrated Across the Company with Toolbox Talks and Special Events GALVESTON, TX – April 25, 2023 – Callan Marine will take time to acknowledge and review important safety topics during Safety Week 2023, May 1-5, 2023. “Safety is at the forefront of our minds at all times,” says Melanie Mosley, Vice President of… Read More
Crowley will launch an end-to-end, integrated ocean and rail service between Mexico and the U.S. Midwest region and into Canada. Featuring Crowley’s new Mexico-U.S. ocean route in the Gulf, the service will leverage the highly efficient inland rail network of Canadian National Railway Company and its U.S. rail subsidiaries (CN). The companies’ combined network provides… Read More
Pangaea Logistics Solutions Ltd. (Nasdaq: PANL), a global provider of comprehensive maritime logistics solutions, today announced that it has entered into a definitive agreement to acquire marine port terminal operations in Port Everglades/Ft. Lauderdale and Port of Palm Beach, Florida, and Port of Baltimore, Maryland from Host Terminals LLC, a wholly owned subsidiary of T. Parker Host, in an all-cash transaction. Pangaea… Read More
Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (Nasdaq: GLDD), the largest provider of dredging services in the United States, today reported financial results for the quarter ended March 31, 2023. First Quarter 2023 Highlights Revenue was $158.0 million for the first quarter Total operating loss was $0.9 million for the first… Read More
The U.S. Army Engineer Research and Development Center (ERDC) has announced the selection of Ms. Pat Sullivan as the organization’s new Deputy Director. As the Deputy Director of ERDC, Sullivan assists in leading one of the most diverse research organizations in the world, with seven laboratories located in four states, more than 2,500 employees, $1.2… Read More
A company that’s planning to expand its operations to build autonomous dredges has picked a 50-acre Shiawassee County site over a competing site in Indiana for its expansion. Laura Slieff, president of L.J. Inc., told MLive-The Flint Journal that a $2.5-million Michigan Economic Development Corporation grant approved for the company has helped seal the decision…. Read More
Arcadis, a leading global design and consultancy organization for natural and built assets, has named Lisa Stone Global Strategic Diversity, Equity, Inclusion and Belonging (DEIB) Director for its Resilience Global Business Area and the Americas. In this role, Stone will help drive diverse, equitable and inclusive employee experiences through the implementation of the firm’s global DEIB strategic… Read More