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By AK Chastain Jones, VMI Graphic Artist Cushing, Oklahoma – VMI, Inc, a world leader in the dredging industry, is honored to announce it will be featured on an episode of Manufacturing Marvels® scheduled to air August 1, 2022 between 9:20pm- 9:44pm CST, 10:20pm-10:44pm EST on the Fox Business Network® (FBN). Produced by award-winning producers… Read More
Interim CEO Shanfelter stated: “As we endeavor to conclude the onboarding of leadership, the steps we are taking now enhances the foundation for success of the new leadership team. These steps include: Company-wide focus to obtain margin improvements on all projects Ensuring the ability to capture all cost escalations Downsizing unproductive markets Monetizing real estate… Read More
HOUSTON, July 26, 2022 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD), the largest provider of dredging services in the United States, today announced the appointments, effective August 1, 2022, of David Johanson to the position of SVP, Project Acquisition & Operations, and of Christopher G. Gunsten, P.E. to the position of SVP,… Read More
Finally, after three years of no National WEDA Dredging Conference due to Covid, WEDA 2022 kicks off with a bang last night at the Welcome Reception. More than 800 people and almost 130 exhibitors have signed up, which is more than double the last conference in Chicago. People were excited to greet and meet old… Read More
NEWPORT NEWS, Va., July 20, 2022 (GLOBE NEWSWIRE) — All-domain defense and technologies partner HII’s (NYSE: HII) Newport News Shipbuilding division announced today several promotions designed to optimize its shipyard operations and accelerate execution. “We have been on an aggressive journey to transform the way we run our business. Accomplishing this transformation while running our… Read More
MiddleGround Capital has acquired PVI Holdings, Inc., the parent company of W&O Supply, Setpoint Integrated Solutions and A-T Controls. MiddleGround is an operationally focused private equity firm that makes control invests in middle market B2B industrial and specialty distribution companies. “It was a cultural fit from our first meeting. MiddleGround brings a unique style to private equity that… Read More
On June 3, the Oregon Senate approved Governor Kate Brown’s appointments of Katy Coba and Richelle Luther to the Port of Portland Commission. “The Port Commission plays a key role in creating new statewide economic opportunities and building shared prosperity for the region,” said Governor Brown. “The perspectives and experience of Commissioners Coba and Luther… Read More
Neptune Americas & Marine Corp announces the sale of its Gator 50 (20”) Cutter Suction Dredge to Diamond Services Corp. The Gator 50 will be built and flagged at Diamond Services’ facility in Amelia, La. and will be used to support the port dredging and beach restoration sectors. The 20” dredge is expected to be… Read More
Your supply chain’s well-being is our top priority. We at Maersk aim to provide you the most relevant and up-to-date information to help you navigate this period of heightened volatility. Key notes on supply chain Mass Covid testing in Shanghai and Tianjin continues: New Covid cases have triggered additional mass testing events in China this month,… Read More
Michael C. Morgan, Ph.D., has been confirmed by the U.S. Senate to serve as assistant secretary of commerce for environmental observation and prediction, and he will also serve as deputy NOAA administrator. Morgan will be responsible for providing agency-wide direction with regard to weather, water, climate, and ocean observations, including in situ instruments and satellites,… Read More
The U.S. Army Corps of Engineers, Detroit District has hired LeighAnn Ryckeghem to the newly named operations manager position at the Soo Locks, effective July 1. The operations manager, formerly known as the area engineer, is responsible for overseeing all Corps of Engineers operations and maintenance activities as well as stakeholder outreach from the Menominee River Watershed in… Read More
Royal Caribbean Group (NYSE: RCL) today announced it has received court approval to acquire the ultra-luxury cruise ship Endeavor. Originally delivered to Crystal Cruises in 2021, the ship will be renamed Silver Endeavour when it officially joins the Group’s wholly owned subsidiary, Silversea Cruises’ fleet, this month. The purchase price for the vessel was $275 million, significantly below the cost… Read More
Fort Lauderdale, Fla., headquartered maritime healthcare specialist Vikand Solutions LLC has appointed Arnaud Bastianelli as director, marketing and communications. Bastianelli comes to Vikand with experience from industries including tourism, food safety and shipping. His most recent role was marketing manager for V.Group. “It’s great to have Arnaud on board as his experience will strengthen awareness in the… Read More
Arcadis, an international consulting engineering firm headquartered in Amsterdam, Netherlands, has entered an agreement to acquire all issued and outstanding shares of Toronto-headquartered IBI Group. The agreement offers $19.50 per share, representing a premium of 30% on IBI’s share price as of July 15, 2022, and 40% on the 30-day volume-weighted average price, for an aggregate… Read More
Venterra Group has acquired marine environmental consultancy INSPIRE Environmental, marking the former’s entry into the US offshore services market. INSPIRE was founded in 2015 by Drew Carey and Joe Germano and works to support clients in the offshore wind, ports and marine construction sectors by assessing the health of the seabed and the resources that… Read More