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Col. Kenneth N. Reed took command of the Southwestern Division, May 5, in a ceremony officiated by Lt. Gen. Scott A. Spellmon, Chief of Engineers and Commanding General of the U.S. Army Corps of Engineers. Reed assumed command from Brig. Gen. Christopher G. Beck, who has served as the commander since 2020. Beck will move… Read More
The Lagos State government on Thursday said plans have reached an advanced stage to begin the construction of Badagry Seaport in the state. Governor Babajide Sanwo-Olu made the disclosure in Lagos at the All Markets Conference 2022 (AMC’22), organised by the Ndigboamaka Progressive (Markets) Association, whose theme was “Development and Sustainability of the Nation’s Economy”. Mr… Read More
Ahtna Marine & Construction Co. LLC, Pompano Beach, Fla., a subsidiary of Ahtna, Inc., was awarded a $12,145,650 firm-fixed-price contract for maintenance dredging. Bids were solicited via the internet with two received. Work will be performed at Kings Bay Base, Ga., with an estimated completion date of April 3, 2023. Fiscal 2022 operation and maintenance,… Read More
Copenhagen, Denmark and Florham Park, New Jersey USA – A.P. Moller-Maersk (Maersk) has announced the completion of its acquisition of Pilot Freight Services, a leading U.S.-based international and domestic supply chain provider with cross-border solutions into Canada and Mexico. Pilot Freight Services will be rebranded to Pilot – A Maersk Company. The strategic and highly… Read More
Paramount Maritime, subsidiary to the global aerospace and technology company, Paramount Group, is pleased to announce the christening of the MV TUGUEMI 35m Sentinel vessel, which took place at Hamlet Quay in Elliot Basin, Cape Town, South Africa. With dignitaries and special guests in attendance, the occasion marked the second inauguration of the latest version… Read More
The ships are at least 107 meters long and 14.70 wide with the ability to carry 112 persons on board and hold one NH90 helicopter. Italian shipbuilder Fincantieri has delivered the second Al Zubarah-class corvette to Qatar, ‘Damsah’ on Thursday. Damsah is one of four vessels ordered by Qatar’s Ministry of Defence (MOD) under a 2017 deal… Read More
First quarter 2022 earnings per share of $0.29 Marine transportation impacted by the COVID-19 Omicron variant in January and February, reducing earnings by approximately $0.10 per share Inland marine experienced significant market improvement in March with barge utilization increasing above 90% since mid-March Increased oil and gas demand sequentially boosted distribution and services results despite… Read More
Earnings call today at 1000 Eastern time HOUSTON–(BUSINESS WIRE)–Apr. 27, 2022– Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today reported a net loss of $4.9 million ($0.16 diluted loss per share) for the first quarter ended March 31, 2022. Excluding non-recurring items, adjusted net loss was $3.2 million ($0.10… Read More
Eastern Chapter The Eastern Chapter of WEDA represents Bermuda, Connecticut, Delaware, Florida (East Coast) Georgia (Eastern), Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, Vermont, Virginia, Washington, DC, West Virginia, Virgin Islands and Quebec, New Brunswick, Nova Scotia, Canada. 2022 WEDA Eastern Chapter Annual Meeting … Read More
Corpus Christi, TX, USA – The Port of Corpus Christi Authority has named Marcelo “Yudi” Takizawa as its Director of Trade Development. Takizawa has more than 20 years of commercial business and market development leadership experience in the energy and marine transportation space. He comes to the Port of Corpus Christi from Vopak. In his new… Read More