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McDermott Reports Q4 and Full-Year 2025 Results; Revenue Reaches $10 Billion


Top Stories
U.S. Senator (D-Ca.) Padilla Announces More than $160 million for Ca. Ports, Flood Protection, & Water Infrastructure

U.S. Senator (D-Ca.) Padilla Announces More than $160 million for Ca. Ports, Flood Protection, & Water Infrastructure

CA, United States

Funding delivers critical support for supply chains, coastal navigation, and community resilience statewide CALIFORNIA — Today, U.S. Senator Alex Padilla (D-Calif.), a member of the Environment and Public Works Subcommittee on Fisheries, Water, and Wildlife, announced more than $160 million in federal funding that he secured for the U.S. Army Corps of Engineers (USACE) fiscal year… Read More

Portland, Me. Completes Dredging Project

Portland, Me. Completes Dredging Project

ME, United States

Seasonal dredging work at Portland Harbor is complete, with crews restoring thousands of feet of berthing space for the first time in more than 70 years.

Lee County Moves Forward with Blind Pass Dredging Preparations on Sanibel

Lee County Moves Forward with Blind Pass Dredging Preparations on Sanibel

FL, United States

LEE COUNTY, Fla. — The Lee County Board of Commissioners voted Tuesday to authorize a project that would prepare to dredge Blind Pass on Sanibel. The authorization will allow for permit application, processing, design, bid services, construction services, construction surveys, construction observations and more. Murky water and stagnant conditions at Blind Pass in Sanibel are affecting… Read More

Congressman Van Drew (R-NJ)  Worked with USACE to Secure $99 million to Fight Beach Erosion in S. Jersey

Congressman Van Drew (R-NJ) Worked with USACE to Secure $99 million to Fight Beach Erosion in S. Jersey

NJ, United States

In a statement, Van Drew said he had worked with the Army Corps to make South Jersey a priority and said the funding would provide stronger protection and stability for shoreline communities. U.S. Rep. Jeff Van Drew said Monday that South Jersey will receive $99 million in federal funding from the U.S. Army Corps of… Read More


Company & People News | Dredge Mining

George Whittier Returns as CEO to Lead Fairbanks Morse into New Era of Growth

WI, United States

Fairbanks Morse Defense (FMD) today announced that George Whittier is returning to lead FMD as its Chief Executive Officer. Across the defense and industrial sectors, Whittier is widely recognized as a trusted and highly respected leader. Having spent more than a decade at FMD, including six years as its CEO, Whittier is uniquely situated to… Read More

AIWA April Newsletter Gives Update on Corps Funding for Intracoastal

WA, United States

Federal funding was a major focus in Washington, D.C. this month with the release of the FY2026 U.S. Army Corps of Engineers’ (Corps) Work Plan and the President’s Budget for FY2027. Final Appropriations in FY2026 for the U.S. Army Corps of Engineers On April 7th, the Administration released the FY2026 Corps’ Work Plan identifying final… Read More

The Tower of Attorney: Office of Counsel wins National Engineers Week competition

United States

The St. Paul District is embracing a path forward to integrate artificial intelligence into everyday processes. Chris Bowen, chief of construction and leader of the St. Paul District AI working group, shared his thoughts. “AI is poised to become the defining technology of the 21st century, reshaping how we work, learn and interact with the… Read More

McDermott Reports Q4 and Full-Year 2025 Results; Revenue Reaches $10 Billion

TX, United States

Results Reflect Strong Operational Performance and Outperformance of 2025 Guidance Revenue of $10.0 billion for the year Backlog Reaches $18.2 billion HOUSTON, April 7, 2026 /PRNewswire/ — McDermott International, Ltd (“McDermott” or the “Company”) today announced financial results for the fourth quarter and full year 2025. For the three and twelve months ended December 31, 2025, revenue… Read More


Events & Conferences

WEDA Midwest Chapter Announces April 10 Deadline for Resilience Course

TN, United States

Have you signed up for the WEDA Midwest Chapter Short Course: “Resilience for Inland Systems, Infrastructure, and People”, yet? Be sure to sign up by APRIL 10th, space is limited!! Visit https://lnkd.in/gfdsn98h to sign up! Source

Great Lakes / Great Rivers Winter 2026 Meeting in Cleveland-Panel on Shipbuilding

OH, United States

The GLGR Section thrilled to be hosting a panel on the current state of Great Lakes shipbuildng at our upcoming Winter Section Meeting on April 9th in Cleveland! The Shipbuilding Situation will be presented by Brendan Falkowski and will feature panelists from Great Lakes shipyards, engineering firms, and fleet operators offering a breadth of input from the… Read More

CPRA Announces 2026 Coastal Day Events

LA, United States

BATON ROUGE, LA — Coastal Day at the Louisiana Legislature will take place on Monday, March 30, 2026, providing numerous opportunities for coastal stakeholders to engage with one another and with the Louisiana Coastal Protection and Restoration Authority (CPRA) staff. Business Networking and Matchmaking Events As part of the activities happening on Coastal Day, CPRA… Read More

2026 Port of the Future Conference

TX, United States

The 2026 Port of the Future Conference is focused on creating and revitalizing our Nation’s seaports, infrastructure, and processes – across maritime, air, land, and cyber domains. This symposium addresses the urgent and emerging issues facing ports of entry, regulators, and associated industries. This year’s Conference brings together the leaders of more than 60 seaports… Read More


Maritime hires and promotions

George Whittier Returns as CEO to Lead Fairbanks Morse into New Era of Growth

WI, United States

Fairbanks Morse Defense (FMD) today announced that George Whittier is returning to lead FMD as its Chief Executive Officer. Across the defense and industrial sectors, Whittier is widely recognized as a trusted and highly respected leader. Having spent more than a decade at FMD, including six years as its CEO, Whittier is uniquely situated to… Read More

Port Bureau Announces Corrina Ott as Vice President

TX, United States

The Greater Houston Port Bureau (“Port Bureau”) Board of Directors has announced the promotion of Corrina Ott to vice president, effective April 1. Ott joined the Port Bureau in April 2025 and has been responsible for managing the Port Bureau’s Efficiency and Dredging committee’s as well as maintaining the Port Bureau’s links with industry and… Read More

Port of Portland names Alissa Mahar new Chief Financial Officer

OR, United States

The Port of Portland selected Alissa Mahar as the new Chief Financial Officer (CFO). Her first day in the role will be April 14, 2026. Most recently, Mahar served as Chief Financial Officer and Vice President for Business & Finance at Seattle Pacific University. She led institutional financial strategy, multi-year forecasting, long-range capital planning, and… Read More

Ann Fairchild Named President and CEO of Siemens USA

United States

Siemens today announced the appointment of Ann Fairchild (54) as president and chief executive officer (CEO) of Siemens USA, the company’s largest market globally. Fairchild, who has served as interim president and CEO since October 2025, will assume the permanent role effective immediately. She will guide Siemens’ strategy and engagement across the United States, where… Read More


Offshore Wind Power News

Developer of Massachusetts offshore wind farm sues to stop turbine manufacturer from walking away

MA, United States

By HOLLY RAMER and JENNIFER McDERMOTT The Associated Press The developer of a major Massachusetts offshore wind farm is suing its turbine manufacturer seeking to force it to stay with the project. Vineyard Wind filed a lawsuit Wednesday in Massachusetts against GE Renewables. That comes after the parent company for GE Renewables said it would… Read More

U.S. Federal authorities conclude cancellation process for offshore wind lease areas in New York and Carolina Long Bay

United States

By Prince It seemed as though the controversy surrounding the United States’ wind energy initiatives had come to a stop. However, the recent events demonstrate that the nation is still in the middle of stabilizing the wind sector. Nevertheless, there have been groundbreaking initiatives in 2026 that convey that the U.S. is still committed to being one… Read More

Dominion Energy Announces Milestone for U.S. Largest Offshore Wind Project

United States

The largest wind farm in America is celebrating a major achievement on its journey to fulfill its vast promise for clean energy production. As Electrek detailed, Dominion Energy’s Coastal Virginia Offshore Wind project announced in March that it produced and sent power to the grid for the first time. The company’s CEO, Robert Blue, shared the… Read More

Trump’s offshore wind opposition was never really about the whales

United States

By Maria Gallucci The Trump administration has often evoked the plight of whales in its efforts to undermine U.S. offshore wind development — despite there being no evidence that wind-farm activities are harming the giant mammals. But those purported concerns didn’t stop federal officials last week from voting unanimously to override Endangered Species Act protections for imperiled whales in order to… Read More


Port News

Port Tampa Bay gets $10M grant for dredging project

FL, United States

By Anastasia Dawson Port Tampa Bay is already considered Florida’s largest and most diversified seaport. Yet a new $10 million federal grant, announced Thursday by Rep. Kathy Castor, D-Tampa, will fund efforts to deepen its shipping channel, attracting even larger ships and expanding cargo capacity. The federal funding to support the Tampa Harbor Navigation Improvement Project… Read More

Port of Los Angeles Secures $70M Federal Funding for Infrastructure

CA, United States

Upgrades The U.S. Army Corps of Engineers has directed approximately $70 million to the Port of Los Angeles, according to FreightWaves. The money is designated for harbor maintenance, seismic safety, and navigational improvements. This allocation is part of a larger distribution from the Harbor Maintenance Trust Fund to the San Pedro Bay port complex, which… Read More

Port of Long Beach Gets $70 Million Record Funds to Bolster Infrastructure

CA, United States

The Port of Long Beach will receive a record amount of nearly $70 million in federal funding allocated by the U.S. Army Corps of Engineers to revitalize critical infrastructure that will promote safe and efficient freight transportation at the nation’s busiest seaport complex. The funds drawn from the Harbor Maintenance Tax are collected by the… Read More

Port of Baltimore breaks ground on new grain transloading facility

MD, United States

The Helen Delich Bentley Port of Baltimore yesterday (9 Apr) hosted a groundbreaking ceremony for a new grain transloading facility at the Seagirt Marine Terminal. Under a partnership agreement between Ports America Chesapeake and Frey Commodities, the new facility will make it easier for Maryland farmers to get their products to the port for export worldwide. The four-acre… Read More


Project Updates & Industry Developments

Emergency Dredging In Manasquan River Prompts Boater Warnings

NJ, United States

By Karen Wall, Patch Staff POINT PLEASANT BEACH, NJ — Emergency dredging is underway in the Manasquan River to address issues in Wills Hole Thorofare, the state Department of Transportation said. A contractor is mobilizing equipment in the area to do the work, the NJDOT said. Boaters should use no-wake speed near or when passing… Read More

Dredging Newport Harbor Is Barging Ahead Full Steam

CA, United States

By Richard Simon Look now, because it may be decades before Newport residents, boaters and visitors will ever again see a major dredging operation in Newport Harbor. That is the prognostication of Public Works Manager Chris Miller, who’s in charge of all harbor-related capital projects and improvements, and who is overseeing the dredging of the Congressionally… Read More

Dredging project to stabilize Little River Inlet jetty begins

SC, United States

HORRY COUNTY, S.C. — The U.S. Army Corps of Engineers (USACE), Charleston District, will start dredging the Little River Inlet in Horry County. Staff expect to start dredging on April 13. The operations and maintenance project will remove about 65,000 cubic yards of sand from a shoal in the federal navigation channel and use that material… Read More

In a rare environmental win, Florida lawmakers get coastal resiliency right with SB 302

FL, United States

By Craig Pittman, Florida Phoenix In Summary: Senate Bill 302 establishes guidelines for nature-based coastal restoration, including mangroves, seagrasses, and living shorelines, marking a rare environmental success during a largely criticized legislative session. The bill gained momentum after public opposition to a proposed cruise ship terminal in an aquatic preserve led to a key amendment… Read More


Sand & Gravel News

Speyside Files for Chapter 11 Amid $32M Debt Load

NY, United States

By Rihem Akkouche The headline Speyside files for chapter 11 echoed through New York’s construction and materials sector Friday as Speyside Holdings LLC sought bankruptcy protection, listing more than $32 million in liabilities against less than $1.3 million in assets. The filing, lodged in federal bankruptcy court, signals a pivotal moment for the sand and stone supplier whose… Read More

Company behind proposed sand mining project partnering with U of Manitoba on groundwater monitoring research

Canada

By Ozten Shebahkeget An Alberta company that has proposed mining silica sand in Manitoba is partnering with the province’s biggest university on the experimental design of a groundwater monitoring network, using technology experts say is growing in importance for global groundwater research. Sio Silica president Carla Devlin says the mining company will work with the… Read More

Fine Grains: What Falling Sand Reveals About Global Power

World ,

Have you ever picked up sand only to realize how quickly it disappears? As children, we watched it slip through our fingers or fall through an hourglass without understanding what vanishing meant. Sand feels light and abundant, impossible to hold, and its market power mirrors this perceived triviality. The more we clutch what seems infinite,… Read More

Protecting our marine sands

World ,

Dear EarthTalk: “What is ‘sand mining’ and why is it bad for the environment?” — O.H., via email Sand mining, extracting sand from the earth, is the second most widespread human activity in marine environments, after fishing. Sand and gravel are the most extracted materials across the globe. According to the United Nations Environment Programme,… Read More


Shipbuilding | Marine Products | Technology

Trump budget boosts military shipbuilding by 242% to $65.8 billion

United States

By Stuart Chirls The American shipbuilding revival will start with battleships. President Donald Trump wants to increase federal spending for shipbuilding by 242%, to $65.8 billion, for battleships, submarines and other naval vessels, according to documents released by the White House on Tuesday. The proposed fiscal 2027 budget says that the funding would go to… Read More

Robert Allan Ltd. to Develop a RApide 1800 Design for Brazilian Waters

Canada

Robert Allan Ltd. in conjunction with Indústria Naval Catarinense Ltda. (INC), is pleased to announce the development of a new pushboat design. The vessels will support Transpetro’s bunkering operations at terminals in Brazil, and form part of a major newbuild program for pushboats and barges serving the fuel logistics market. This project marks Robert Allan… Read More

FMT Shipyard delivers two towboats to Maritime Partners

LA, United States

By Dr.G.R.Balakrishnan The twin-screw vessels are each powered by two Mitsubishi Tier 3 S6R2 main engines, rated at 803 horsepower at 1,400 rpm. The Beth Williams is also fitted with two generator sets rated at 65 kW to support onboard electrical loads.     The vessels were designed for inland towing operations, with propulsion and auxiliary systems selected early in… Read More

Maine Maritime Academy gets new, cutting-edge ship for student training

OR, United States

By Julia Simone PORTLAND (WGME) — The State of Maine ship has arrived at the port of Portland. Maine Maritime Academy held a ceremony Monday night, marking the transfer of the new national security multi-mission vessel to Maine Maritime Academy. The $330 million ship is the third of five cutting-edge vessels. It will serve as… Read More


uncategorized

ARC Surveying & Mapping Transforms Complex Waterways with Leading Precision Technology & Data Accuracy for Modern Dredging

FL, United States

ARC Surveying and Mapping transforms complex waterways into measurable actionable insight. By pairing an integrated sensor suite with disciplined processing the firm delivers centimetre level bathymetry layered sub bottom models and real time production metrics that accelerate every phase of a dredging program. The following article reviews the technology stack the workflow and verified results… Read More

NMSA Announced New President, Jason Winter at its New Orleans Annual Meeting

LA, United States

The National Maritime Safety Association (NMSA) today announced the transition of presidential leadership during its Annual Meeting in New Orleans, Louisiana. Jason Winter, Director, Safety/Training, CFS & Labor Relations at the United States Maritime Alliance (USMX), has been named the new President of NMSA, succeeding recent President Dave Morgan of Cooper/Ports America. Dave Morgan has served as… Read More

Rep. Garamendi, Randall, Begich, Malliotakis Launch Bipartisan Congressional Ferry Caucus to Improve Ferry Transportation

United States

The Public Ferry Coalition applauds the launch of the bipartisan Congressional Ferry Caucus, welcomes this important step in raising awareness of the vital role ferries play in transportation  FAIRFIELD, CA – Yesterday, Representative John Garamendi (CA-08), announced the launch of the bipartisan Congressional Ferry Caucus for the 119th Congress, alongside co-chairs Representatives Emily Randall (WA-06), Nick Begich… Read More

Virgin Islands, St. Thomas harbor Dredging Delayed Due to Lack of Bids

Virgin Islands (U.S.)

A long-discussed plan to dredge St. Thomas Harbor to make way for massive Oasis-class cruise ships is on hold, after the V.I. Port Authority did not receive any responses to an invitation to bid on the project. Gov. Albert Bryan Jr. mentioned the lack of bids during Tuesday’s press briefing. Bryan spoke remotely from Miami… Read More


Upcoming Projects | Contracts | Tenders

Arcadis selected by USACE Galveston District

TX, United States

HOUSTON, TX – April 9, 2026 – Arcadis, a global leader in intelligence-driven sustainable design, engineering, and consultancy solutions for natural and built assets, today announced that it has been awarded a Multiple Award Task Order Contract (MATOC) by the U.S. Army Corps of Engineers (USACE) Galveston District. This contract will be instrumental in advancing… Read More

Dredging project to stabilize Little River Inlet jetty begins

SC, United States

HORRY COUNTY, S.C. — The U.S. Army Corps of Engineers (USACE), Charleston District, will start dredging the Little River Inlet in Horry County. Staff expect to start dredging on April 13. The operations and maintenance project will remove about 65,000 cubic yards of sand from a shoal in the federal navigation channel and use that material… Read More

Army Corps shares update for Strathmere and Sea Isle City beachfill project

NJ, United States

PHILADELPHIA — The U.S. Army Corps of Engineers’ (USACE) Philadelphia District shared an update regarding periodic nourishment of the Great Egg Harbor Inlet to Townsends Inlet dune and beachfill project. Three days after receiving $28 million in federal funding, USACE has published a contract solicitation for dune and beachfill work in Sea Isle City and Upper… Read More

Mobile Bay gets $34M in federal funding for dredging projects

AL, United States

By Summer Poole MOBILE, Ala. (WKRG) — The U.S. Army Corps of Engineers will provide Alabama with $34 million for Mobile Bay. According to a news release from U.S. Sen. Katie Britt (R-Ala.), the extra funding will “allow additional flexibility to dispose of dredged material and increase beneficial use sites.” The money was part of… Read More


USACE

Arcadis selected by USACE Galveston District

TX, United States

HOUSTON, TX – April 9, 2026 – Arcadis, a global leader in intelligence-driven sustainable design, engineering, and consultancy solutions for natural and built assets, today announced that it has been awarded a Multiple Award Task Order Contract (MATOC) by the U.S. Army Corps of Engineers (USACE) Galveston District. This contract will be instrumental in advancing… Read More

Dredging project to stabilize Little River Inlet jetty begins

SC, United States

HORRY COUNTY, S.C. — The U.S. Army Corps of Engineers (USACE), Charleston District, will start dredging the Little River Inlet in Horry County. Staff expect to start dredging on April 13. The operations and maintenance project will remove about 65,000 cubic yards of sand from a shoal in the federal navigation channel and use that material… Read More

Army Corps shares update for Strathmere and Sea Isle City beachfill project

NJ, United States

PHILADELPHIA — The U.S. Army Corps of Engineers’ (USACE) Philadelphia District shared an update regarding periodic nourishment of the Great Egg Harbor Inlet to Townsends Inlet dune and beachfill project. Three days after receiving $28 million in federal funding, USACE has published a contract solicitation for dune and beachfill work in Sea Isle City and Upper… Read More

Mobile Bay gets $34M in federal funding for dredging projects

AL, United States

By Summer Poole MOBILE, Ala. (WKRG) — The U.S. Army Corps of Engineers will provide Alabama with $34 million for Mobile Bay. According to a news release from U.S. Sen. Katie Britt (R-Ala.), the extra funding will “allow additional flexibility to dispose of dredged material and increase beneficial use sites.” The money was part of… Read More


Videos | C-Suite Interviews

Mud Cat Releases New Video on Product Development for Transportable Dredges

WI, United States

Mud Cat E Series Electric Dredges

American Waterways Operators, National Safe Boating Council Launch Video on Safe Boating Near Commercial Vessels

VA, United States

ARLINGTON, Va. — The American Waterways Operators – the trade association of the U.S. tugboat, towboat and barge industry – and the National Safe Boating Council have partnered to create a video educating recreational boaters on how to safely interact with commercial vessels on the water. The three-minute video, titled Sharing the Water: Safe Boating on… Read More

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