On Wednesday, 19 March 2025, Great Lakes Dredge & Dock (NASDAQ: GLDD) presented at the Sidoti Small-Cap Virtual Conference, showcasing a robust financial year in 2024 while addressing future challenges and opportunities. CFO Scott Kornblau highlighted the company’s second-highest EBITDA in history and a substantial backlog, while also addressing concerns over shipbuilding incentives and market… Read More
Major maritime industry stakeholders are voicing strong opposition to the U.S. Trade Representative’s proposed Section 301 actions targeting Chinese-built and operated vessels, warning of potentially catastrophic effects on U.S. trade and consumer prices. The USTR’s proposed measures aim to counter China’s growing dominance in maritime sectors by imposing port entrance fees of up to $1.5 million on… Read More
As summer fades into fall, Chinook salmon, pink salmon, and steelhead make their way back to the Dungeness River to spawn. Unfortunately, their journey isn’t easy. By mid- to late August, water levels drop, making passage difficult and threatening both the salmon and the communities that rely on the river. For years, Dungeness irrigators and… Read More
Evergreen Marine Corporation (Taiwan) Ltd. announced its financial results for the full year ended December 31, 2024. The company reported sales of TWD 463,567.9 million, up from TWD 276,714.83 million in the previous year. Net income surged to TWD 139,453.29 million, compared to TWD 35,337.05 million in 2023. Basic earnings per share from continuing operations… Read More
DP World has signed a long-term strategic agreement with Maersk to expand maritime services at DP World’s terminal in the Port of Santos, Brazil. DP World operates one of the country’s largest private terminals at the Port of Santos. Under the terms of the eight-year agreement, Maersk will introduce additional long-term services and maintain a… Read More
