HOUSTON, Sept. 21, 2026 /PRNewswire/ — McDermott International, Ltd (“McDermott” or the “Company”) today announced the successful completion of its comprehensive refinancing transaction, including a backstopped $500 million equity financing, a $550 million senior secured Nordic bond issuance and a new long-term letter of credit and guarantee facility. The refinancing builds upon the Company’s strong… Read More
ERIE, Pa. — A total of $3 million, comprising $1.5 million in federal funds and $1.5 million in non-federal funds, has been secured for fall 2026 and spring 2027 beach nourishment and sand stockpiling at Presque Isle State Park. Advancing the Army’s “Building Infrastructure, Not Paperwork” (BINP) initiative, the U.S. Army Corps of Engineers Buffalo District… Read More
Dredging update: the Trud R has been making waves! Over the past several weeks, the Trud R has been hard at work in the Gold Coast Seaway entrance. Our latest surveys show an overall reduction of approximately 45,000 cubic metres of sand across the dredging area. That’s around 18 Olympic-sized swimming pools. This figure reflects… Read More
By Arlie O. Calalo MANILA, Philippines — Public Works and Highways Secretary Vince Dizon on Wednesday called for immediate and sustained dredging of major waterways and the installation of temporary flood barriers to ease persistent flooding in the towns of Macabebe and Masantol in Pampanga. Dizon said long-term flood-control projects would take too long to… Read More
By Elise Plunk The state agency in charge of coastal restoration is looking for input from sport fishers on a plan to stop wetland loss at Mississippi River Delta. The Coastal Protection and Restoration Authority will hold a public meeting Oct. 6 in Venice to hear public feedback on the Birdfoot Delta Hydrologic Restoration Project…. Read More
