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On March 24th, the President announced his nomination of Adam Telle to serve as Assistant Secretary of the Army for Civil Works (ASA(CW)). The ASA(CW) is responsible for directing policy and providing oversight of the Corps’ civil works missions, including navigation, flood and storm damage reduction, aquatic ecosystem restoration, hydropower, water supply, regulatory programs, and… Read More
GOLETA, CALIF. – Bardex Corporation and Gabriel Engineering Group have signed a Memorandum of Understanding to collaborate on cutting-edge anchor, mooring, and precision-component technologies for floating offshore wind. The partnership will investigate development of a state-of-the-art UK production facility for anchor, mooring, and ‘jewellery’ (precision component) systems, critical to the stability and efficiency of GW-scale… Read More
In a significant and long-awaited move that could reshape the trajectory of American maritime policy, retired U.S. Navy Captain Brent Sadler, a former submariner, has been officially nominated by President Trump to serve as the next Administrator of the Maritime Administration (MARAD) and, by extension, Commandant of the U.S. Merchant Marine. The nomination was submitted to the… Read More
Three sugar-farming companies have lost their appeal to a lawsuit they lost against the Army Corps of Engineers over how much Lake Okeechobee water is available to them for crop irrigation. The 11th Circuit Court of Appeals in Atlanta, Georgia, issued an opinion Tuesday in favor of the Army Corps’ position on the Everglades Agricultural Area… Read More
● New Zealand-based electric hydrofoiling ferry company Vessev has opened its first international office in the USA, to address growing US demand for its innovative marine technology. ● Josh Trout, with over 20 years of experience in marine technology and business development, has been appointed as US Director to lead operations, sales, and US-based production. ● Vessev aims… Read More
Download PDF HOUSTON — McDermott has been selected by Shell Global Solutions International B.V. for an Enterprise Framework Agreement (EFA) for engineering and procurement services and integrated project management team services (IPMT). The EFA has a duration of three years with two one-year optional extensions. The scope of the agreement encompasses the full suite of… Read More
Crowley has named Jenny Fuss as its chief financial officer, leading all of the company’s financial strategies and operations to enhance economic performance and business growth. With more than 20 years of experience as an executive for global institutions, Fuss brings to Crowley’s Senior Leadership Team extensive expertise in management and analysis using data-driven strategies… Read More
There has been a lot of discussion in New Hampshire lately about the effectiveness of a pro-American law that has been providing national and economic security for the United States for many years. I want to provide some stakeholder’s perspective and perhaps add some context as to how this issue relates to New Hampshire. The… Read More
In the dredging and marine construction industry, millions can be lost in a single wrong equipment purchase or lease. Yet, many companies skip a critical step: pre-purchase equipment audit and condition surveys. As a team of seasoned marine surveyors and equipment engineers, we specialize in Pre-Purchase and Pre-Lease Equipment Audits for: Cutter Suction Dredgers (CSD)… Read More
Maine Maritime Academy in Castine has named a new president, after its previous president abruptly resigned in late May 2024. According to a Wednesday press release, Craig Johnson, a 1991 graduate of the school, will take over the mantle after serving as interim president since June 2024. Former president Jerald Paul, a 1989 graduate of… Read More
On Wednesday, 19 March 2025, Great Lakes Dredge & Dock (NASDAQ: GLDD) presented at the Sidoti Small-Cap Virtual Conference, showcasing a robust financial year in 2024 while addressing future challenges and opportunities. CFO Scott Kornblau highlighted the company’s second-highest EBITDA in history and a substantial backlog, while also addressing concerns over shipbuilding incentives and market… Read More
As summer fades into fall, Chinook salmon, pink salmon, and steelhead make their way back to the Dungeness River to spawn. Unfortunately, their journey isn’t easy. By mid- to late August, water levels drop, making passage difficult and threatening both the salmon and the communities that rely on the river. For years, Dungeness irrigators and… Read More
Shares of Australian shipbuilder Austal Ltd. climbed after a unit of Hanwha Aerospace Co. became a substantial shareholder of the US Navy contractor, as South Korea’s top defense firm attempts to bolster its foothold in America. Austal’s stock closed 7.6% higher in Sydney on Tuesday after a subsidiary of Hanwha acquired a 9.9% stake in… Read More
Boston, MA – ShipIn Systems, a global leader in maritime AI technology has today announced the appointment of Daniela Krispin as Chief Technology Officer (CTO). With over 20 years of experience leading R&D teams in both startup and corporate environments, Krispin brings a wealth of expertise in developing SaaS products and highly scalable AI-driven systems…. Read More
HOUSTON — Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (Nasdaq: GLDD), the largest provider of dredging services in the United States, today announced that its Board of Directors has authorized a share repurchase program pursuant to which the Company may repurchase up to $50 million of its common stock. “Our business… Read More