HOUSTON and SEATTLE, March 18, 2026 (GLOBE NEWSWIRE) — Saltchuk Resources, Inc. (the “Offeror”) and Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) (the “Company”) announced that the Offeror has commenced a cash tender offer (the “Tender Offer”) for any and all of the Company’s 5.25% Senior Notes due 2029 (the “Notes”). In conjunction with the… Read More
Los Angeles startup Arc Boat Company wants to expand its nascent commercial business and even sell electric propulsion systems to defense contractors, in an attempt to fulfill founder Mitch Lee’s desire to “electrify everything on the water.” To do that, Arc has raised $50 million in a Series C funding round from Eclipse, a16z, Menlo Ventures, Lowercarbon… Read More
Great Lakes Dredge & Dock Corporation reported that David J. Johanson, Senior Vice President, Project Acquisition and Operations, will retire effective March 27, 2026. He has held a key leadership role overseeing project acquisition and operations for the company. The company and Mr. Johanson are expected to enter into a retirement agreement under which he will receive… Read More
After a successful first season off the coast of Zeebrugge, Belgium, Boskalis Hirdes EOD Services has resumed the major identification and clearance of unexploded ordnance (UXO) project. With the multitool vessel Manu-Pekka and a dedicated UXO Offshore Support Vessel, Boskalis is enabling the safe installation of submarine cables for the Modular Offshore Grid 2 (MOG2)… Read More
Dredging Corporation of India is looking to more than double its topline to Rs 3,000 crore in the next five years, the company’s MD & CEO Capt S Divakar said, adding that the company is looking to explore new markets and areas to achieve this goal. Visakhapatnam-based Dredging Corporation of India Ltd (DCIL) is the… Read More