Europe is tightening the net on Russian oil being shipped through its waters, squeezing Moscow’s ability to fund its war even as officials and business executives in Russia fear the window is narrowing to reach a peace deal before the economy deteriorates. The European Union is considering imposing an outright maritime ban on services needed to ship… Read More
HOUSTON, Feb. 04, 2026 (GLOBE NEWSWIRE) — Orion Group Holdings, Inc. (NYSE: ORN) (the “Company” or “Orion”), a leading specialty construction company, today announced that it has acquired J. E. McAmis, Inc. and JEM Marine Leasing LLC (together, “J.E. McAmis” or “McAmis”), for approximately $60 million, net of cash acquired. Transaction Highlights Advances Orion’s long-term strategic growth plan and fortifies Orion’s competitive position ahead… Read More
Wärtsilä has agreed to divest its Water & Waste business to the Swedish investment company Solix Group AB. Water & Waste offers a wide portfolio of environmental solutions for the full spectrum of water and waste management at sea. From ballast water treatment to efficient wastewater systems, the technologies offered by Water & Waste contribute to… Read More
By Casey Evenson Addressing Dioxin and Furan Contamination Under the Great Lakes Legacy Act, and in partnership with the Minnesota Pollution Control Agency (MPCA) and an industry partner, the US Environmental Protection Agency’s (EPA) Great Lakes National Program Office requested construction services to address dioxin and furan contamination within Thomson Reservoir. The project, located in Carlton, Minnesota,… Read More
Copenhagen, Denmark – A.P. Moller – Maersk A/S (OMX: MAERSK-B) delivered a strong performance in all businesses in 2025 as volume growth, operational execution and proactive cost measures helped results reach the top-end of the financial guidance for the year. Executive Summary Ocean grew in line with market with 4.9% volume growth in 2025 despite volatile… Read More
