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Col. Chad W. Caldwell assumed command of the U.S. Army Corps of Engineers Sacramento District today during a Change of Command ceremony at Capitol Park in downtown Sacramento. Col. (P) Antoinette R. Gant, commander of the Corps’ South Pacific Division, presided over the ceremony to introduce the district’s 34th commander and bid farewell to Col…. Read More
HOUSTON, June 23, 2022 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD), the largest provider of dredging services in the United States announced today that its Chief Operating Officer, David E. Simonelli, will retire effective September 16, 2022. After his retirement, he will provide consulting services to the Company. Mr. Simonelli, who has… Read More
Demand from the emerging offshore wind sector and the need to build and maintain Jones Act compliant ships is driving new opportunities and investment interest in U.S. shipyards. Libra Group, an international investment company announced the acquisition of Florida-based St. Johns Ship Building and the formation of a maritime subsidiary American Marine to support and… Read More
SAN JOSE, Calif.–(BUSINESS WIRE)–Impossible Mining (YC W22), building responsible seabed mining & refining technology, today announced they have closed an additional $10.1 million in seed funding led by Justin Hamilton with additional participation from a select group of YC investors to develop and test the four-mile deep robotic collection system and to continue developing the Bio-Extraction… Read More
RESERVE, LA – With the launch of DSC Dredge’s breakthrough technology “DSC VISION” a mere two years ago, on June 9th 2022, Bill Wetta, SVP of Product Development and Chief Technology Officer announced yet another upgrade live on its webinar “DSC VISION – Tried. Tested. Proven.”, leaving over 70 attendees in awe of its new potential…. Read More
Gov. John Bel Edwards officially selected the Atchafalaya Coastal Basin as the preferred site in Louisiana to be added to the National Oceanic and Atmospheric Administration’s (NOAA) National Estuarine Research Reserve (NERR) System. He also tasked the Coastal Protection and Restoration Authority (CPRA) to serve as the state’s lead agency, working with continued support from… Read More
The American Maritime Partnership (AMP), the voice of the domestic maritime industry, today released the following statement in response to unjustified calls for Jones Act waivers in relation to energy prices: “The cost of gasoline is primarily driven by the price of crude oil and the processing of gas, which is spiking. The Jones Act… Read More
Conrad Industries, Inc. (OTC Pink: CNRD) announced today that Great Lakes Dredge & Dock Corporation (“Great Lakes”) has exercised its contract option to build a second 6,500-cubic-yard-capacity Trailing Suction Hopper Dredge with its subsidiary, Conrad Shipyard, LLC. The dredge will be constructed at the Deepwater South shipyard in Amelia, LA, with expected delivery in the… Read More
When Mary Matthews first opened her jewelry store at John’s Pass boardwalk in Madeira Beach, she could look down through the slats and see fish, crabs, jellyfish and dolphins. The water glistened. That was in 1982. Now when the 61-year-old owner of Gray Jewelers peers down, she sees only sand. Over the decades, strong currents… Read More
Triton, Damen’s connected vessel platform, proved its worth even more during Covid by making the largely remote commissioning of vessels possible. But it doesn’t stop there. We are already taking the following step. “It’s fair to say we’ve now got artificial intelligence.” We learned to listen to our ships Damen Triton is a user-friendly digital platform… Read More
Trident Maritime Systems, a leading provider of highly differentiated maritime systems and solutions for government and commercial customers and a portfolio company of investment affiliates of J.F. Lehman & Company, announced today that it has completed the sale of its Cannon Mining division to J.H. Fletcher & Co. The acquisition enables Trident to focus on its core maritime and… Read More
Eastern Shipbuilding Group is pleased to announce that the R.B. WEEKS Trailing Suction Hopper Dredge will launch Friday, June 17, at 1:00 PM Central / 2:00 PM Eastern, at its Allanton Facility. The christening ceremony and launch is open to the public.
Engineering News-Record (ENR) published its annual ranking of the largest U.S.-based general contractors, with specialty contractor J.F. Brennan Company (Brennan) making the list with an overall ranking of 351. Brennan is listed as the 5th largest contractor in the hazardous waste sector. The demand for Brennan’s environmental remediation services has increased year over year on… Read More
SC&H Capital, a leading investment bank specializing in M&A advisory, is pleased to share that its client, Marine Technologies, Inc. has sold its marine construction operation to Ballard Marine Construction LLC via an asset sale. MTI was founded in 1992 as a commercial diving operation. The Company was purchased by Terry Clarke in 2012 and,… Read More
Danfoss named Steven Lakin as its new director of public and industry affairs. Lakin, who began his new role on May 16, is an accomplished government relations and public affairs professional with extensive experience working across multiple industries, with industry associations, and with policymakers at the state and federal level. Most recently, Lakin was the… Read More