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Tuula Liukko (M.Sc. (Eng.), MBA) started as CEO of Hamina LNG Oy on 16 May 2022, according to the company’s release. Before joining Hamina LNG Oy, Tuula worked at Elenger as Commercial Director and at Elenger Marine as Safety Manager. Hamina LNG Oy is a joint venture of Hamina Energy Ltd, the Estonian energy company… Read More
Sempra Infrastructure has announced an initial deal with existing equity partnerships to curb emissions at its Cameron liquefied natural gas (LNG) terminal and potentially build a carbon capture hub in coastal Louisiana. The subsidiary of San Diego-based Sempra said Monday it had secured a participation agreement with TotalEnergies, Mitsui & Co. and Mitsubishi Corp. to develop the… Read More
Sharonda Williams was sworn in as a member of the board of commissioners of the Port of New Orleans at the May 19 board meeting. Appointed by Gov. John Bel Edwards, Williams succeeds Darryl D. Berger as one of four Orleans Parish representatives on the seven-member regional board and will serve a five-year term. “We… Read More
ZF Marine announced the appointment of Walter Fienco to the position of product line manager, commercial thrusters. In this role, Fienco will lead ZF Marine’s commercial thruster product sales across the North and Central American and Caribbean markets. Fienco brings nearly 15 years of commercial thruster product experience to the position. During his tenure at… Read More
Norfolk-based Colonna’s Shipyard Inc. announced Monday it had promoted three executives to senior management positions, effective in July. CSI has promoted Jordan Webb from vice president of contracts to vice president of shipyard operations; Randall Crutchfield from chief experience officer and executive director of Steel America and Weld America to vice president of industrial operations… Read More
CIT, a division of First Citizens Bank, today announced that its Maritime Finance business served as sole lead arranger on up to $30.5 million in financing to expand Lomar Shipping’s portfolio of dry bulk vessels. The financing, which will be used to acquire Kamsarmax vessels, was arranged to support further diversification of Lomar’s growing fleet. Lomar is the shipping… Read More
As the world slowly returns to “pre-pandemmic” levels of normal, we see most tradeshows return to “in-person” attendance. Long-time experts in the dredging industry, Robert “Bob” and William “Bill” Wetta will be attending and presenting at three upcoming meetings. Mark your calendars and stop by to say hello. WODCON XXIII in Copenhagen, Denmark on Wednesday 18th May, Bob… Read More
Humanity has been altering the aquatic environment since ancient times. For instance, all seven major tributaries of the Nile were dredged during the reign of the Egyptian Pharaohs to aid in the construction of the pyramids. Likewise, Roman historians describe how dredging fleets were active in the eastern Mediterranean around 1000 BC, and even as late… Read More
The U.S. Department of Transportation today announced that Rear Admiral (Rear Adm.) Ann Phillips, USN, Ret., has been confirmed and sworn in as the 20th Administrator of the Maritime Administration (MARAD). Nominated by President Biden on October 21, 2021, Rear Adm. Phillips was confirmed by the U.S. Senate on May 10, 2022. She is the… Read More
APM Terminals Mobile has signed an agreement with the Alabama State Port Authority to add 32 acres to the current 134 acre container terminal yard to keep pace with future demand, creating one million TEU throughput capacity that is approved to handle 14,000 TEU ships. This represents the third expansion in the last six years… Read More
General Bradley Joins Callan Marine’s CSD Fleet in Morgan City Ceremony GALVESTON, TX – May 18, 2022 – Callan Marine ceremoniously christened its newest fleet asset, the 28” cutter suction dredge named The General Bradley in Morgan City, Louisiana this Tuesday, May 17, 2022. The General Bradley will immediately commence work at the Port Bolivar… Read More
Today, the House Committee on Transportation and Infrastructure voted to advance the Water Resources Development Act of 2022 (WRDA) out of committee, and it now heads to the House floor for a vote. This legislation provides authority for the U.S. Army Corps of Engineers (Corps) to carry out water resources development projects and studies. Passing… Read More
Veterans Honored on Capitol Hill After Long Voyage for Recognition WASHINGTON —Today, the American Merchant Marine Veterans (AMMV) commended the 10 veterans of the U.S. Merchant Marine awarded the Congressional Gold Medal for their service during World War II. The Congressional Gold Medal is the highest honor bestowed by the U.S. Congress. The veterans received the Congressional… Read More
Conrad Industries, Inc. (OTC Pink: CNRD) announced today its first quarter 2022 results. For the quarter ended March 31, 2022, Conrad had net loss of $116,000 and loss per diluted share of $0.02 compared to net income of $705,000 and income per diluted share of $0.14 during the first quarter of 2021. Net income in the first quarter of 2021 included $2.9 million in other income… Read More
Today, Ørsted announced that it has agreed to acquire Ford County Wind, a 121 MW onshore wind farm in Ford County, Illinois, from funds managed by Ares Management Corporation’s Infrastructure Opportunities strategy (‘Ares’). The wind farm is located in Midwest Independent System Operator’s (MISO) territory, further strengthening Ørsted’s presence in the region. Ørsted acquired the… Read More