AD Ports Group, a leading enabler of global trade, logistics, and industry, has announced the signing of a major dredging agreement between its Karachi Gateway Terminal and Van Oord, a Netherlands-based global leader in dredging and marine contracting, to significantly expand the flow of trade through the Group’s port terminals in Pakistan. Led by the… Read More
NEW ENTERPRISE, Pa. — New Enterprise Stone & Lime Co., Inc. (“NESL” or the “Company”) announced that on September 12th it had acquired all the outstanding stock of Marstellar Holding Company. The strategic acquisition consists of two ready mixed concrete plants on a single site in the Duncannon, Pennsylvania area. The site is ideally situated along… Read More
Panama City, FL – Eastern Shipbuilding Group, Inc. (ESG) is pleased to announce an agreement with HII’s Ingalls Shipbuilding Division to support the limited production of outfitted structural units for the U.S. Navy’s Flight III Arleigh Burke-class (DDG 51) guided missile destroyers. Building on the success of a recent pilot program in which ESG constructed a… Read More
Everett, WA – Everett Ship Repair, LLC (ESR), a leading provider of ship repair and conversion services in the Pacific Northwest, proudly announces the acquisition of the floating dry-dock Hercules. The dry-dock was towed from San Diego by Baydelta using their tug Delta Deanna, a tug built by Nichols Brothers Boat Builders. Hercules is now the largest dry-dock in Puget Sound… Read More
PSA Singapore (PSA) and Goldlead Supply Chain Development (Southeast Asia) Pte.Ltd. (COSCO), a joint venture between COSCO Shipping Holdings Co., Ltd. and COSCO Shipping International (Singapore) Co., Ltd, have signed a Memorandum of Understanding (MOU) to explore collaboration on dedicated warehouse and logistics capabilities within the upcoming PSA Supply Chain Hub @ Tuas (PSCH) in… Read More