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Concrete segment secures awards totaling $100 million in core markets of Dallas and Houston Largest diving services contract in Company history HOUSTON, March 10, 2023 (GLOBE NEWSWIRE) — Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today announced multiple contract awards totaling $134 million, with the majority of this work to be completed in 2023. Since the beginning of 2023,… Read More
Marine engine, generator, and propulsion systems distributor Laborde Products has appointed Michael Murzi as its new marine sales manager. Murzi brings with him over 10 years of experience in the marine industry and over 30 years of experience in sales, customer service, and business development. Murzi has held various senior sales roles throughout his career and has… Read More
First Citizens Bank today announced that its Maritime Finance group, part of the CIT division, provided financing to Purus Clean Energy, a subsidiary of Purus Marine, to support the acquisition of the MV Green Power, a 40,000 cbm ammonia carrier. Purus Marine provides innovative low-carbon maritime energy transportation and infrastructure systems by integrating people, assets and know-how…. Read More
Eagle Bulk Shipping Inc. (NYSE: EGLE) (“Eagle” or the “Company”), one of the world’s largest owner-operators within the midsize drybulk vessel segment, today reported financial results for the three months and year ended December 31, 2022. Quarter Highlights: Generated Revenues, net of $151.4 million Achieved TCE(1) of $22,062/day based on TCE Revenues(1) of $102.5 million Realized net income of $23.3 million, or $1.79 per basic share… Read More
In an effort to strengthen its integrator strategy and serve its customers even better, A.P. Moller – Maersk (Maersk) has integrated two emerging markets – West & Central Asia and Africa to form a new combined IMEA region. This new region will encompass the core geographies of the Indian subcontinent, the Middle East, and Africa,… Read More
The National Association of Waterfront Employers (NAWE) recently elected Board leadership. The following five individuals will serve as Board executives: Tom Saunders, Ports America; Hernán F. Ayala Rubio, Luis A. Ayala Colón Sucrs. Inc.; Dan Mulligan, Global Container Terminals, USA; Ed McCarthy, Georgia Ports Authority; and Mark Johnson, SSA Marine. NAWE’s executive Board members bring extensive maritime and supply chain knowledge. This expertise is instrumental… Read More
Tidewater Inc. (NYSE: TDW) (the “Company”) today announced a definitive agreement to purchase 37 of Solstad Offshore ASA’s (“SOFF”) platform supply vessels (“PSV”) for $577 million (the “Transaction”). Strategic Rationale Solidifies Tidewater as the leading high-specification PSV operator: The addition of 37 PSVs makes Tidewater the largest owner and operator of high-specification PSVs, which is the… Read More
A district commander doesn’t often become the division commander in the same region. In the summer of 2022, Brig. Gen. Daniel H. Hibner, made this scenario a reality by becoming the new South Atlantic Division commander. “I’m so glad to be back in the SAD footprint,” Hibner said. “I am familiar with most of the… Read More
UConn alumna and shellfish expert Lisa Milke ’01 (CLAS) was recently appointed as the new head of NOAA’s Ecosystems and Aquaculture Division. Milke grew up in Maryland and came to UConn Avery Point to pursue a master’s degree studying the feeding physiology of oysters and mussels. After some time abroad to earn her Ph.D., her expertise soon brought… Read More
The state Senate unanimously approved Gov. Phil Murphy’s nominations of two top staffers and Elizabeth’s Democratic mayor to the Port Authority’s commissioner board Monday, giving Murphy more influence over the powerful interstate agency. Elizabeth Mayor Chris Bollwage, Murphy administration chief of staff George Helmy, and deputy chief of staff for economic growth Joe Kelley were… Read More
Marine engine, generator, and propulsion systems distributor Laborde Products has appointed Michael Murzi as its new marine sales manager. Murzi brings with him over 10 years of experience in the marine industry and over 30 years of experience in sales, customer service, and business development. Murzi has held various senior sales roles throughout his career and has… Read More
Orion Group Holdings, Inc. (NYSE: ORN) (“Company”), a leading specialty construction company, today announced that Austin J. Shanfelter will transition from Executive Chairman to Chairman of the Board of Directors, effective March 2, 2023. Mr. Shanfelter has served on Orion Group’s Board of Directors since 2007 and was named Chairman in January 2021. From April to September 2022, he assumed the roles… Read More
The GLDD crew, while working on the Houston ship channel project, rescued three civilians from the water after their vessel caught fire. Click on links for more details and other awardees – https://www.americanwaterways.com/media/press/2023/press-release-american-waterways-operators-honors-first-awardees-american-waterways
Squire Patton Boggs is pleased to announce that Michael Wray has joined the firm as Of Counsel in the Litigation Practice Group resident in the Houston office and part of the firm’s global Commodities and Shipping Industry Group. Mr. Wray joins from the Houston office of English law firm HFW. Mr. Wray is an experienced… Read More
Susan Serrano has moved from Höegh Autoliners to take up a new role as manager of automotive business development at Maryland Ports Authority (MPA). Serrano takes over from Larry Johnson, who has retired from the MPA. Serrano will now be responsible for increasing vehicle volumes through the port of Baltimore, already the US’ busiest vehicle-handling… Read More