Company & People News/Dredge Mining
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Commissioners Bentzel and Sola Urge Congressional Leaders to Address Port Terminal Needs During COVID-19 Crisis - Federal Maritime Commission

DC, United States

In letters to the Chairmen and Ranking Members of the House Committee on Transportation and Infrastructure and the Senate Committee on Commerce, Science, and Transportation, Commissioners Carl W....

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Helmerich & Payne cut 2,800 workers, decomissioned 37 rigs in Q1

TX, United States

May 1, 2020 2:45 PM ET|About: Helmerich & Payne, Inc. (HP)|By: Carl Surran, SA News Editor Helmerich & Payne (HP -13.2%) says it has laid off 2,800 workers across the U.S. and...

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ACBL completes recapitalization

IN, United States

American Commercial Barge Line Holding Corp., as successor to American Commercial Lines Inc., today announced that it has successfully completed its recapitalization and emerged from Chapter 11.ACBL...

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Orion Group soars 17% on Q1 earnings beat

TX, United States

Orion Group (ORN +17.5%) reported Q1 contract revenue growth of 16.4% Y/Y to $166.6M, reflecting increased project execution in the marine segment.Q1 Gross profit margin was 11.9%, as compared to 6.3%...

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Great Lakes to Host Hybrid Annual Meeting of Stockholders

IL, United States

OAK BROOK, Ill., April 30, 2020 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (NASDAQ:GLDD), the largest provider of dredging services in the United...

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Judge: Hagler Systems, Inc., Maintains Control of Trade Secrets

GA, United States

A U.S. District Court judge this week issued an order that pumping and processing leader Hagler Systems, Inc. (HSI) will maintain control of all of its intellectual property and proprietary documents...

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Breaking News: New European Consortium Plans To Acquire and Refinance Royal IHC, With New Management and Board

Netherlands

- A Heads of Agreement has been reached with a leading maritime industry consortium and the existing syndicate of banks of Royal IHC for the acquisition and refinancing of IHC Merwede Holding B.V.-...

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Alex Rothchild appointed CEO of Arcadis North America

CO, United States

Head of U.S. environment business steps into top regional roleHIGHLANDS RANCH, Colo., April 28, 2020 (GLOBE NEWSWIRE) -- Arcadis has named Alex Rothchild CEO for its North American business. He...

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Orion Marine Reports Solid Increase in Q1 2020 Revenues, Margins, and Income

TX, United States

HOUSTON--(BUSINESS WIRE)--Apr. 29, 2020-- Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today reported net income of $2.7 million ($0.09 diluted...

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Dominion Energy nears construction on offshore wind turbines

VA, United States

Coastal Virginia Offshore Wind (CVOW) project remains on track for installation and operations - Monopiles and turbine loadout in Germany and Denmark completed and en route to project - Project...

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COVID-19: Liberia calls for flag states to join together to facilitate crew change

VA, United States

The Liberian Registry is continuing its efforts to gain recognition of seafarers as “key workers” and for much needed crew-exchange to be allowed at major ports globally during the COVID-19...

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Tellurian agrees $50 mln financing

TX, United States

US LNG export project developer, Tellurian has secured a $50 million financing in a push to build cash reserves. Driftwood LNG project developer noted that the financing has been secured through a...

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Diamond Offshore files for Chapter 11

TX, United States

Houston-headquartered offshore drilling contractor Diamond Offshore Drilling, Inc. (NYSE: DO) reports that it and select subsidiaries have filed voluntary petitions for reorganization under chapter...

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Diamond files complaint against Beach over ‘invalid’ rig contract termination

TX, United States

Offshore drilling contractor Diamond Offshore has filed a complaint against Australia’s Beach Energy claiming that the oil company’s termination of a drilling contract for the Ocean Onyx rig is...

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2014 Stars and Stripes Award Winner Appointed to Pro2Serve Board of Directors

United States

Before he retired Brig. Gen. C. David Turner appeared in multiple issues of Black Engineer magazine, including the Veterans 2016 issue. In 2009, he was honored with a BEYA for Professional...