Company & People News/Dredge Mining
Article Image
Article Image

Sino-Global to take majority stake in Mandarine Ocean

NY, United States

New York-based shipping and logistics company Sino-Global Shipping America has decided to acquire a majority stake in Mandarine Ocean (MO), a Shanghai-based shipping company registered in the...

Article Image

H2H Geoscience Engineering Acquires Innovative Mapping Technologies

United States

H2H Geoscience Engineering is pleased to announce that it has acquired Innovative Mapping Technologies (IMT) of Vero Beach, FL and Troy, NY adding to its suite of survey and mapping tools used in...

Article Image

Corps of Engineers, New England District provides engineering support during COVID-19 battle

MA, United States

A Massachusetts hospital staff member demonstrates a piece of equipment as Matthew Tessier, Emily Pottier of the U.S. Army Corps of Engineers, New England District and other hospital staff look on....

Article Image

COVID-19: National Maritime Center makes operational changes

WV, United States

The National Maritime Center has issued a notice outlining operational changes due to COVID-19.All 17 Regional Examination Centers (REC) and 3 Monitoring Units (MU) remain closed to the public until...

Article Image

Kirby Closes The Acquisition Of Savage Inland Marine’s Barge Fleet

TX, United States

HOUSTON, April 02, 2020 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby") (NYSE: KEX) today announced that it has completed the acquisition of Savage Inland Marine’s (“Savage”) inland barge fleet....

Article Image

The Dexterous History of the U.S. Army Corps of Engineers

United States

Besides building emergency hospitals in response to COVID-19, the U.S. Army Corps of Engineers does so much more.The U.S. Army Corps of Engineers (USACE) has erected a temporary hospital at the...

Article Image

OSG Secures Loan to Finance Jones Act ATB Newbuild

NY, United States

US-based tanker company Overseas Shipholding Group (OSG) has closed on a USD 33,150,000 loan to finance its new oil and chemical articulated tug barge (ATB).The 204,000 barrel US Flag ATB barge and...

Article Image

Seven Seas Water Acquired by Morgan Stanley Infrastructure Partners

FL, United States

TAMPA, Fla.--(BUSINESS WIRE)--Seven Seas Water, a leader in Water-as-a-Service® (“WaaS®”) solutions, today announced that it has been acquired by funds managed by Morgan Stanley Infrastructure...

Article Image

The Changing Face Of Great Lakes Dredge & Dock Corporation (GLDD) and Marsh & McLennan Companies Inc. (MMC)

United States

ENCOMPASS CAPITAL ADVISORS LLC bought a fresh place in Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD). The institutional investor bought 980.7 thousand shares of the stock in a transaction...

Article Image

Huntington Ingalls Industries Closes the Acquisition of Hydroid

VA, United States

NEWPORT NEWS, Va., March 26, 2020 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE: HII) announced today that it has closed on the previously announced acquisition of Hydroid Inc., a...

Article Image

Caterpillar suspends some operations, pulls guidance

IL, United States

"Caterpillar is continuing to run the majority of its U.S. domestic operations and plans to continue operations in other parts of the world, as permitted by local authorities," the company writes...

Article Image

Callan Marine Welcomes Arie van den Adel as Chief Operating Officer

TX, United States

Dredging Industry Veteran to Contribute to Callan’s Growth and LeadershipGALVESTON, TX – March 25, 2020 – Callan Marine, LTD. is proud to introduce Arie van den Adel as their new Chief Operating...

Article Image

Odfjell Terminals US Secures USD 250 Mln Loan

TX, United States

Odfjell Terminals US (OTUS), jointly owned by Norwegian terminal operator Odfjell SE and Candian Northleaf Capital Partners, has closed a new five-year, USD 250 million revolving credit facility.The...

Article Image

Corps of Engineers Recognizes Pine Springs, Minnesota, Resident

MN, United States

ST. PAUL, Minn. – The U.S. Army Corps of Engineers, St. Paul District, selected Tom Novak as one of its three Civil Servants of the Year for 2019.The St. Paul District presents this award annually to...