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IL House Passes Pro-Jones Act Resolution. On April 30, the Illinois House of Representatives passed a resolution in support of the Jones Act by a vote of 104-7. The resolution lingered in committee for several weeks after there was a “technical issue” with the way the bill was passed the first time, allowing anti-Jones Act interest groups… Read More
Ocean and Key Ports Update Situation in Baltimore For the most recent updates on the Dali, including available channels and bookings in Baltimore, please visit our advisory page for all updates on this situation. Situation in the Red Sea/Gulf of Aden At Maersk, we continue our assessment of the Red Sea/ Gulf of Aden situation and still… Read More
Due to the passing of Hurricane Ian on September 22, 2022, Folly Island, SC as well as the adjacent Bird Key-Stono Sanctuary experienced significant loss of their beaches. The damage caused by Hurricane Ian has subjected the beach community, its critical infrastructure, and the bird sanctuary to the risk of even greater loss in the… Read More
Coastal Protection & Restoration Authority (CPRA) Dredging Update April 2024 CPRA Board Simoneaux 20240415 Compressed
CHARLOTTE, N.C., May 8, 2024 /PRNewswire/ — Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity, and health, announced an innovative agreement with Martin Marietta Materials, Inc. (NYSE: MLM) a leading supplier of building materials — including aggregate, cement, ready mixed concrete and asphalt — to make beneficial use of extracted limestone material from… Read More
HOUSTON, May 09, 2024 (GLOBE NEWSWIRE) — Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today announced a significant contract award valued at nearly $80 million for its Marine construction business. The contract was awarded by Port Everglades Seaport Engineering & Construction Division through Moss Construction as Managing General Contractor for the Port Everglades Bulkhead Replacement Project – Group 1, a pivotal… Read More
Signed Agreement Makes Way for Cleaner Marine Vessel Technology New Orleans, LA. – May 3, 2024 – Maritime Partners, LLC, a leading provider of maritime financing solutions primarily focused on Jones Act vessels, has received a Design Basis Agreement (“DBA”) from the U.S. Coast Guard for the M/V Hydrogen One towboat that includes e1 Marine… Read More
FLORIDA – Harrell’s®, LLC, a leading producer and distributor of agronomic solutions based out of Lakeland, Florida, recently took delivery of their third brand new IMS 7012 HP Versi-Dredge®. The 7012 HP Versi-Dredge is dredging reed sedge peat from Harrell’s peat reserve which is then combined with other premium ingredients to meet their customer’s custom blended… Read More
Jones Walker LLP announced today that Grady Hurley, a partner and co-leader of the maritime litigation, arbitration, and dispute resolution team, has been elected president of the Maritime Law Association of the United States (MLA) during the organization’s general meeting held in New York City on May 3, 2024. Grady is the fourth president elected from New Orleans during the MLA’s 125-year history…. Read More
HOUSTON, May 07, 2024 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (Nasdaq: GLDD), the largest provider of dredging services in the United States, today reported financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights Revenue was $198.7 million Total operating profit was $31.5 million Net income was $21.0… Read More
In today’s global marketplace, consumers have grown accustomed to the convenience of getting everything instantly. As a result, businesses face mounting pressure to meet customer demands for faster delivery at a lower cost and enhanced resilience to disruption, all the while having to rethink their sustainability practices. While many companies think of fulfillment, ground transportation,… Read More
After getting a $15,000 loan from his brother, Johnny Speake opened J & S Sand & Gravel in Tyler in 1985 with one single-axle, five-yard dump truck. His only staff members at the time were his two sons, Johnny and Randy, who loaded and delivered the company’s materials, and his wife, Pat, who managed the… Read More
The team at Arcadis settled into their new home right at The Plaza Coral Gables, a new city development sprawling across 6.7 acres in the heart of Coral Gables, Florida, just outside of Miami. The company specializes in sustainable design, engineering, and consultancy services for natural and built assets globally, and needed a space for their Miami… Read More
Governor Glenn Youngkin today announced that Topsoe, a Danish manufacturer and global leader in carbon emission reduction technologies, plans to invest more than $400 million to build a factory at Meadowville Technology Park in Chesterfield County. Pending Final Investment Decision, the company will manufacture advanced, energy-efficient Solid Oxide Electrolyzer Cells (SOEC) that are essential in… Read More
ESP Logistics Technology (“ESP”), a company dedicated to solving global supply chain problems by using analytics to detect, analyze, and suggest actions to resolve issues in real-time announced that it has acquired Container 42 (“C42”) from the Port of Rotterdam Authority (“PoR”) extending its industry-leading technology platform into the smart container world. The Port of… Read More