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Categories for Company & People News | Dredge Mining

Adam Tindall-Schlicht Named Seaway Administrator

WI, United States

The White House announced President Biden’s appointment of former Milwaukee port director, Adam Tindall-Schlicht, as the next Administrator of the Great Lakes St. Lawrence Seaway Development Corporation (GLSLSDC). Mr. Tindall-Schlicht resigned his position at Port Milwaukee on October 19. “The GLSLSDC is a member of the CMTS and, having known Adam for many years, we… Read More

HII Reports Third Quarter 2022 Results

VA, United States

HII (NYSE: HII) reported third quarter 2022 revenues of $2.6 billion, up 12.3% from the third quarter of 2021, primarily driven by revenue attributable to the acquisition of Alion Science and Technology (Alion) in the third quarter of 2021, as well as revenue growth at Newport News Shipbuilding. Operating income in the third quarter of… Read More

Tidewater marks “a satisfying milestone”

TX, United States

Houston-headquartered offshore services giant Tidewater Inc. (NYSE:TDW) has released third quarter results that see it report positive net income for the first quarterly period since 2017. “Our third quarter performance reinforces our previous commentary that the offshore vessel industry had reached an inflection point,” said Tidewater President and CEO Quintin Kneen. “Revenue improved by 17% sequentially,… Read More

Shipbrokers IFCHOR and Galbraiths set to merge

World ,

International shipbrokers IFCHOR and Galbraiths have agreed to merge and are in the final stages of completing a share for share agreement which is expected to close in the next few weeks. The new entity will be headquartered in Switzerland and comprise of 21 offices with over 300 employees from many different backgrounds and nationalities,… Read More

Bollinger to acquire VT Halter Marine and STEHMO for US$15MM after five years of Halter losses of US$40+MM

Louisiana , MS, United States

In a Singapore stock exchange announcement, Singapore Technologies Engineering Ltd (ST Engineering) has announced that its subsidiaries have entered into an agreement to divest the entire issued and outstanding equity interests in its U.S. Marine subsidiaries, VT Halter Marine, Inc (Halter Marine) and ST Engineering Halter Marine and Offshore, Inc. (STEHMO) to Bollinger Shipyards Lockport LLC for a cash… Read More

Former Kratos Exec Michelle Alcathie Appointed HR VP at Austal’s US Subsidiary

AL, United States

Michelle Alcathie, former vice president of human resources at Kratos Defense & Security Solutions (Nasdaq: KTOS), has taken on the same position at Austal‘s U.S. ship manufacturing division. She will oversee the development and implementation of policies, programs and services related to Austal USA’s HR management and workforce development initiatives, the company said Monday. Rusty Murdaugh, president of Austal USA,… Read More

Offshore Emissions and Discharge Addressed in Sustainability Guide

NY, United States

Guiding industry through the energy transition and advising on how best to minimize offshore emissions to meet sustainability objectives is a continuing focus for ABS. The new ABS Guide for Sustainability Notations is the first sustainability-related guide to address emissions and discharges from offshore assets and is based on feedback from ABS clients including ExxonMobil, SBM and… Read More

Urgent need for moratorium on deep-sea mining

World ,

Seldom do we have an opportunity to stop an environmental crisis before it begins. This is one of those opportunities. The mining industry is on the brink of excavating the deep ocean, creating a new environmental disaster with irreversible consequences for our ocean and climate. We urgently need a deep-sea mining moratorium to thoughtfully assess the… Read More

Great Lakes Reports Third Quarter Results

TX, United States

Third quarter net loss of $9.9 million Third quarter adjusted EBITDA of $1.3 million Dredging Backlog of $452.6 million at September 30, 2022 HOUSTON, Nov. 01, 2022 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (Nasdaq: GLDD), the largest provider of dredging services in the United States, today reported… Read More

Amogy and Southern Devall Announce Partnership and First Ammonia Powered Commercial Maritime Deployment in Tank Barge Industry

NY, United States

Amogy’s proprietary ammonia-to-power system will be integrated into a tank barge, enabling Southern Devall to demonstrate the operational benefits and scalability of the technology for optimizing inland barge applications. This first commercial maritime deployment of Amogy’s technology will expedite the Company’s market entry. Amogy’s powerpack enables optimized ammonia tank pressures onboard the barge, increasing the… Read More

Crowley Names Erika Graziuso as Chief Information Officer

FL, United States

Crowley has named Erika Graziuso as its new Chief Information Officer, a key step in the company’s commitment to providing customers with efficient and sustainable digital solutions, supporting supply chain integrity and maintaining global competitiveness alongside its partners. In her role, Graziuso will lead Crowley’s information technology and digital transformation strategy with a key focus… Read More

Mirae Asset Global Investments Co. Ltd. Makes New Investment in Great Lakes Dredge & Dock Co.

TX, United States

Mirae Asset Global Investments Co. Ltd. bought a new position in Great Lakes Dredge & Dock Co. (NASDAQ:GLDD – Get Rating) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 19,777 shares of the construction company’s stock, valued at approximately $259,000. Other large investors have also… Read More

Antoinette R. Gant promoted to Brigadier General

TX, United States

Antoinette R. Gant was promoted to the rank of brigadier general today in a traditional military ceremony at her alma mater, Prairie View A&M University in Prairie View, Texas. Vice Chief of Staff of the Army, Gen. Randy George, conducted the promotion ceremony. Brig. Gen. Gant is the first African American female, active-duty engineer to… Read More

Dredger Builder ROHR-IDRECO Group sells assets of its German subsidiary

World ,

Takeover of business operations by investor consortium on November 1, 2022 An investor consortium consisting of three German sand and gravel mining companies will take over the business operations of the Mannheim-based manufacturer ROHR-IDRECO Bagger GmbHon November 1, 2022. After the takeover, the company will operate under the name Rohr Bagger GmbH and employ around… Read More

GLDD honored to be recognized with the Bechtel Supply Chain Excellence Award

TX, United States

This year, Betchel recognized GLDD for work together. Businesses were selected for this award based on overall performance, ability to deliver quality services, and meeting or exceeding expectations in aspects of safety, performance, technical expertise, and environmental compliance. GLDD team definitely stepped up to deliver, and were honored to be recognized by Bechtel and to… Read More

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