Company & People News/Dredge Mining
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Joachim Ebert, Arcadis US CEO, Dies at 51; Permanent Successor Named

CO, United States

Michael Dyke has been named managing director by a joint venture of U.K.-based Balfour Beatty Group Ltd. and France’s VINCI Group S.A. of two engineering projects valued at $6.2 billion on...

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Hornblower Group names new CEO

CA, United States

Kevin Rabbitt has been appointed CEO of small passenger vessel specialist Hornblower Group. He is expected to take up the role in July, while founder, Chairman and current CEO Terry MacRae will...

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German Shipbroker Expands Into Corporate Finance

Germany

A worldwide consultancy and specialist shipbroker for offshore renewable energy projects, Global Renewables Shipbrokers, is now venturing into the field of project investments and corporate...

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EdgeTech Promotes Gene Andella to Customer Service Manager

MA, United States

EdgeTech, the leader in high resolution sonar imaging systems and underwater technology, recently promoted Gene Andella to the role of Customer Service Manager. Gene has worked with EdgeTech for...

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U.S. Army Awards Crowley as Third Party Logistics Provider in Europe

FL, United States

Crowley Solutions has received a multi-year award from the U.S. Army 409th Contracting Support Brigade-Theater Contracting Command to provide transportation of personnel and cargo and procurement...

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Diamond S Shipping Inc. Reports First Quarter 2020 Results

CT, United States

GREENWICH, Conn.--(BUSINESS WIRE)--Diamond S Shipping Inc. (NYSE: DSSI) (“Diamond S”, or the “Company”), one of the largest publicly listed owners and operators of crude oil and product tankers,...

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Royal Caribbean puts focus on safety, cost cuts and liquidity

FL, United States

Royal Caribbean Cruises Ltd. (NYSE: RCL) estimates it is burning through cash in the range of approximately $250 million to $275 million per month during the present suspension of cruise operations,...

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ThayerMahan Closes on $10 Million in Financing from AE Industrial Partners

CT, United States

GROTON, Conn. and BOCA RATON, Fla., May 4, 2020 /PRNewswire/ -- ThayerMahan Inc. ("ThayerMahan"), a leading maritime technology company providing autonomous marine sensing solutions, announced that...

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International Seaways reports record first quarter

NY, United States

New York City headquartered International Seaways, Inc. (NYSE: INSW), one of the world’s largest tanker operators, reported net income for the first quarter of $33.0 million, compared to a net...

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Fincantieri CEO on winning the US Navy’s frigate competition

United States

ROME — As CEO of Italy’s state-controlled Fincantieri since 2002, Giuseppe Bono, has built cruise, merchant and naval vessels, including the FREMM frigate, for the Italian navy. Last week...

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USACE Promotions

United States

The following Engineer General Officer Assignments have been announced by the General Officer Management Office. Congratulations to all on these upcoming assignments:MG William Graham, Jr., DCG, I...

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DredgeWire Exclusive GLDD 2020/Q1 Senior Management Earnings Call

IL, United States

Here are the major comments, made by Great Lakes CEO Lasse Petterson and CFO Mark Marinko on their earnings call report this week, and at the annual meeting of shareholders: GLDD has incurred expenses...

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Oceaneering execs take pay cuts

TX, United States

Oceaneering board has approved voluntary base salary reductions of the executive management and other members of senior management.Effective 1 May, the company’s CEO Roderick A. Larson agreed to...

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Kirby reports red ink first quarter

TX, United States

Despite taking a one-time tax benefit of $50.8 million from the CARES (Coronavirus Aid, Relief, and Economic Security) Act barge giant Kirby Corporation (NYSE: KEX) reported a net loss of $248.5 for...

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Great Lakes Reports Record First Quarter

IL, United States

First quarter net income from continuing operations of $34.0 million First quarter adjusted EBITDA from continuing operations of $61.4 million Cash position of $207.5 million at March 31,...