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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
Your body mass index is a calculation of your health based on a simple calculation using your height and weight. Now, imagine a far more complex bit of math. This one uses layers of equations to sort 30 million data points instead of just two. To help, you get to use powerful computer systems once… Read More
Marinalife, Inc., a Baltimore-based technology company delivering solutions to allow boaters and marinas to easily connect and transact, announced today that it has secured additional investment through a Series A round to execute on its vision to be the most innovative provider of marina technology solutions. The funding round is led by Claritas Capital, with… Read More
Philly Shipyard, Inc. (PSI) and Avalotis Industrial Services (AIS), an affiliate of Avalotis Corporation, have reached a definitive agreement for the transfer of operations of PSI’s Prime Plate Facility – a steel blasting and priming facility located outside the shipyard fence-line in the Navy Yard business park. Effective February 1, 2023, AIS will assume full… Read More
Austal USA naval architect Spencer Johnson has been recognized by the Mobile, Ala., Area Council of Engineers (MACE) as the Marine Engineer/Naval Architect of the Year. In a tradition that dates back to 1967, MACE recognizes engineers in the community for their achievements and leadership. With a bachelor of science in naval architecture and marine… Read More
David Engel was reappointed by the Corpus Christi City Council to serve another term on the Port of Corpus Christi Commission, where he currently serves as secretary. Originally appointed in 2013 to serve as a City of Corpus Christi appointee, Engel is one of the most tenured members of the current Port Commission. He is… Read More
Specialty marine contractor J.F. Brennan Company, Inc. (Brennan) recently finalized the asset acquisition of the dredging and dewatering division of Infrastructure Alternatives, Inc. (IAI). The purchase brings dewatering, water treatment, and treatability testing services into the organization for the first time. Environmental services account for 50% of Brennan’s work. By adding dewatering and water treatment… Read More
Sam Myers – President & Chief Operating Officer at Jim Myers & Sons, Inc. (JMS)
The agreement taps Ashdod Port’s tech incubator. Florham Park, New Jersey, USA and Ashdod, Israel – Ashdod Port Company has signed an agreement with Maersk North America – to collaborate on innovation opportunities in supply chain logistics. The agreement enables Israeli startups that are participating in Ashdod Port’s Blue Ocean for Startups technology incubator to be… Read More
Crowley Engineering Services (CES) has achieved ISO 9001:2015 certification from the International Organization for Standardization (ISO) recognizing the business group’s capabilities. Widely considered as the worldwide standard for quality management systems and practices, the ISO 9001:2015 certification, audited by Platinum Registration, reinforces Crowley Engineering Services’ process and management system as efficient, repeatable and robust. Achieving… Read More