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HOUSTON, July 28, 2022 (GLOBE NEWSWIRE) — Kirby Corporation (“Kirby”) (NYSE: KEX) today announced net earnings attributable to Kirby for the second quarter ended June 30, 2022 of $28.5 million or $0.47 per share, compared with earnings of $10.2 million, or $0.17 per share for the 2021 second quarter. Excluding one-time non-recurring items in the 2022 second quarter, net earnings attributable to Kirby were $29.8 million or $0.49 per share. Consolidated revenues… Read More
Industrial Service Solutions (ISS) announced that it has entered into a strategic alliance agreement with Zeeboat, LLC (“Zeeboat™”) to develop a pipeline of maritime decarbonization projects for design and implementation of fully electric and hybrid diesel-electric powered vessels and port electrification. ISS will serve as general contractor for the projects and provide the necessary design,… Read More
CEO projects new lower full year 2022 EBITDA guidance with margin enhancement initiatives underway Orion Group Holdings, Inc. (NYSE:ORN) Q2 2022 Results Conference Call July 28, 2022 10:00 AM ET Company Participants Francis Okoniewski – Vice President, Investor Relations Austin Shanfelter – Interim Chief Executive Officer Craig Owen – Chief Financial Officer Advisor Conference Call… Read More
At its Summit & Expo in Houston, Texas, the Western Dredging Association awarded Paul Fuglevand its 2022 Lifetime Achievement Award in recognition of his lifetime of outstanding work supporting the dredging community and the Western Dredging Association. After receiving both a B.S. and M.S. in Civil Engineering, Mr. Fuglevand joined Hart Crowser in Seattle, WA,… Read More
Crowley, through the achievements of the captains and crews of 95 company owned or managed vessels, has been recognized for their safe operations with Jones F. Devlin Awards by the Chamber of Shipping of America (CSA). “Receiving the Devlin Awards exemplifies our commitment to safety and serves as a testament for the responsible and diligent… Read More
The U.S. Army Corps of Engineers, St. Paul District, will host a change of command ceremony at the historic Landmark Center in St. Paul, Minnesota, today, July 28, at 10 a.m. Col. Eric R. Swenson will assume command of the St. Paul District from Col. Karl D. Jansen and become the district’s 67th commander and… Read More
Singapore-headquartered C-LNG Solutions has selected Brooklyn, N.Y., based American Ship Repair (ASR) to serve as its official representative in the United States. This new alliance continues ASR’s longstanding tradition of partnering with innovative solutions providers to meet the challenges faced by today’s ship owners. Based in Singapore, with fabrication facilities in China, C-LNG leverages cutting edge engineering… Read More
Highlights from the 2021 Sustainability Report, Bravely Advancing What’s Possible, include: Rigorous short- and long-term efforts to decarbonize operations. Crowley aims to reduce overall greenhouse gas emissions across the entire business by more than 3.7 million metric tons per year, pursuing a path aligned with the latest climate science to limit global warming to 1.5… Read More
Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) today announced that it will release the financial results for its three and six months ended June 30, 2022 on Tuesday, August 2, 2022 at 7:00 a.m. C.D.T. A conference call with the Company will be held the same day at 9:00 a.m. C.D.T. Investors and analysts… Read More
In an Assumption of Command Ceremony held on July 22, at the Renasant Convention Center in downtown Memphis, Col. Brian D. Sawser assumed command of the U.S. Army Corps of Engineers (USACE) Memphis District. Mississippi Valley Division Commander and Mississippi River Commission President Maj. Gen. Diana M. Holland presided over the ceremony. The assumption of… Read More
Former president of the South Carolina Ports Authority, Jim Newsome, is set to receive the 2022 Joseph P. Riley Leadership Award. The Charleston Metro Chamber announced Newsome as the recipient in an announcement on Monday. The Joseph P. Riley Leadership Award, named after the longtime Charleston mayor, was initiated in 1992 by the Charleston Metro… Read More
The U.S. Army Corps of Engineers (USACE) Vicksburg District announces the selection of Maurice Gilmore as the new chief of the Mat Sinking Unit (MSU). In his new position, Gilmore will oversee a crew of more than 300 personnel and manage the unit’s mission of sinking concrete mattresses along the Mississippi River to prevent erosion… Read More
What started as a small company outside of Chicago has transformed into a global industry leader dedicated to bolstering the education of future ocean engineers. By establishing the fund for Dredging and Coastal Studies, Great Lakes Dredge and Dock (GLDD) will continue to revolutionize the education of Aggie engineers for years to come. This fund… Read More
By AK Chastain Jones, VMI Graphic Artist Cushing, Oklahoma – VMI, Inc, a world leader in the dredging industry, is honored to announce it will be featured on an episode of Manufacturing Marvels® scheduled to air August 1, 2022 between 9:20pm- 9:44pm CST, 10:20pm-10:44pm EST on the Fox Business Network® (FBN). Produced by award-winning producers… Read More
Interim CEO Shanfelter stated: “As we endeavor to conclude the onboarding of leadership, the steps we are taking now enhances the foundation for success of the new leadership team. These steps include: Company-wide focus to obtain margin improvements on all projects Ensuring the ability to capture all cost escalations Downsizing unproductive markets Monetizing real estate… Read More