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Port of Palm Beach commissioners Thursday chose its business development director, Michael Meekins, to serve as its executive director, a position that could pay as much as $280,000 a year. That is the amount that has been budgeted but what Meekins will receive has yet to be determined. Meekins said he is hopeful that a contract… Read More
Ports of Indiana has named Jody Peacock as the new chief executive officer for the statewide port authority which operates three ports on the Ohio River and Lake Michigan. The action was approved during today’s meeting of the Ports of Indiana Commission. Peacock has served in various leadership positions for the Ports of Indiana since… Read More
Fourth quarter net loss of $31.2 million Fourth quarter negative adjusted EBITDA of $24.2 million Full year net loss of $34.1 million Full year adjusted EBITDA of $17.0 million Net loss and adjusted EBITDA include $8.1 million charge for retirement of the Terrapin Island hopper dredge in Q4 Dredging backlog of $377.1 million at December… Read More
Newport News, Va., headquartered Ockerman Automation Consulting has named Jon Holvik as executive vice president for sales, overseeing business expansion activities for the design and integration of a wide variety of propulsion, power conversion, advanced energy storage and automation systems for hybrid and all-electric vessels. Born in Norway, Holvik spent a significant amount of his career with Kongsberg… Read More
The shipyard, located adjacent to Naval Base San Diego, will provide full-service repair, maintenance, and modernization services for small surface combatants, unmanned and autonomous vessels, and auxiliary ships. Since finalizing an agreement for the property over a year ago, Austal USA has invested over $100 million in facility upgrades and a new floating dry dock to… Read More
JACKSONVILLE, Fla.–(BUSINESS WIRE)–Seaside LNG announced the acquisition of the liquefied natural gas fueling barge the Clean Jacksonville from TOTE Maritime Puerto Rico, LLC, a subsidiary of TOTE Group, LLC. Seaside LNG’s maritime transportation company, Polaris New Energy, has contracted to continue fueling TOTE’s Marlin Class LNG-powered container ships and other commercial customers with its fleet of… Read More
Sen. John Kennedy (R-La.), Sen. Bill Cassidy (R-La.) and Sen. Sheldon Whitehouse (D-R.I.), along with a bicameral, bipartisan group of lawmakers, introduced the Reinvesting in Shoreline Economies & Ecosystems (RISEE) Act. This legislation would reform the Gulf of Mexico Energy Security Act (GOMESA) to lift a current revenue cap that unfairly penalizes Louisiana, Texas, Mississippi… Read More
The Western Dredging Association (WEDA) Is proud to announce the organization’s newest fellow who started 1 February 2023: Narayan Kumar. WEDA announced the opening of the position in the fall of 2022 to ensure turnover after the completion of Kendal Brome’s term as the organization’s first fellow (2021/2022). Narayan Kumar is slated to be the… Read More
ABS has appointed Patrick Ryan as Chief Technology Officer to support continued development of ABS as a maritime technology leader. Having served in the key executive leadership role of ABS Senior Vice President, Global Engineering and Technology since 2019, Ryan’s appointment to CTO reflects the increasingly pivotal role of technology in the global energy transition…. Read More
The most recent filing that Cullen Capital Management LLC made with the Securities and Exchange Commission (SEC) indicates that the investment firm increased its stake in Great Lakes Dredge & Dock Co (NASDAQ: GLDD) during the third quarter of this year. The fund spent a total of 741 thousand dollars to acquire 97,750 shares of… Read More
Boluda Corporación Marítima, through its Boluda Towage division, has reached an agreement to acquire Smit Lamnalco (“SL”), the world’s fifth largest towage operator. Boluda Towage will thus become a world leader, with high growth potential and the capacity to further consolidate the sector. This operation will enable the company to strengthen its presence in strategic… Read More
Aquatic restoration specialist Sea & Shoreline, based in Winter Garden, and wave attenuation and erosion technology leader Living Shoreline Solutions Inc. announced a joint venture, amplifying the niche expertise of both organizations. Sea & Shoreline’s aquatic restoration expertise is visible in several hundred fresh and saltwater habitat projects ranging from shoreline protection to complete transformation of algae-dominated bodies… Read More
The Board of Directors of Beemac Inc. is pleased to announce the appointment of Michael Presto as Chief Executive Officer. Presto has a tenured logistics and supply chain career, having earned degrees in Supply Chain Logistics and Computer Information Systems from Robert Morris University. With 25 years of experience his ability to provide solutions to customers goes unmatched…. Read More
Crowley has reached a Right of First Refusal agreement to potentially lease and develop an offshore wind terminal during Wednesday’s Greater Lafourche Port Commission (GLPC) Board Meeting in Cut Off, Louisiana. The more than 40-acre site, encompassing over 2,200 linear feet of prime waterfront property, is expected to become the home of a purpose-driven offshore wind… Read More
Crowley has appointed Clay Heil as vice president of global government relations, where he will lead the company’s full spectrum of government advocacy across all of the company’s business interests and activities. Based in Washington, D.C., Heil will spearhead Crowley’s engagement with federal, state and local government partners and elected officials on policy and regulatory… Read More