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Conrad Industries Announces 2025 Results and Backlog; Net Income almost $20 million


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Saltchuk Resources and Great Lakes Dredge & Dock Corporation Announce Early Results of Debt Tender Offer and Related Consent Solicitation

Saltchuk Resources and Great Lakes Dredge & Dock Corporation Announce Early Results of Debt Tender Offer and Related Consent Solicitation

TX, United States

SEATTLE and HOUSTON, April 01, 2026 (GLOBE NEWSWIRE) — Saltchuk Resources, Inc. (the “Offeror”) and Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) (the “Company”) today announced the results to date of the Offeror’s previously-announced cash tender offer (the “Tender Offer”) for any and all of the Company’s outstanding 5.25% Senior Notes due 2029 (the “Notes”),… Read More

Insurer Secures $350M Settlement With Dali Owner Over Baltimore Key Bridge Collapse

Insurer Secures $350M Settlement With Dali Owner Over Baltimore Key Bridge Collapse

MD, United States

The insurer of Baltimore’s Francis Scott Key Bridge has reached a $350 million settlement with the owner and operator of the container ship Dali. ACE American Insurance Company, part of Chubb, confirmed the agreement during a federal court hearing in Baltimore. The amount matches the $350 million the insurer paid to the state of Maryland… Read More

U.S. Doubles Hormuz Insurance Backstop to $40B in Hopes of Luring Ships Back

U.S. Doubles Hormuz Insurance Backstop to $40B in Hopes of Luring Ships Back

United States

The Trump administration has doubled its maritime insurance backstop to $40 billion, expanding a flagship effort to restart commercial shipping through the Strait of Hormuz—even as shipowners continue to largely stay away. The U.S. International Development Finance Corporation (DFC) and Chubb Limited announced Friday that six additional U.S. insurers—Travelers, Liberty Mutual, Berkshire Hathaway, AIG, Starr Companies, and CNA Financial—have joined the Maritime Reinsurance facility, contributing… Read More

84-Year-Old U.S.-Based Shipbuilder Swiftships Files for Chapter 11 Bankruptcy

84-Year-Old U.S.-Based Shipbuilder Swiftships Files for Chapter 11 Bankruptcy

LA, United States

By Twinkle Jha Swiftships, LLC has filed for Chapter 11 bankruptcy. The Morgan City, Louisiana-based shipbuilder is restructuring its finances while continuing operations under court supervision. The company filed a voluntary Chapter 11 petition on March 18, 2026. Case details are available on PACER. Proceedings are taking place in the U.S. Bankruptcy Court for the Western District… Read More


Company & People News | Dredge Mining

Trimble to Acquire Document Crunch to Add AI-Powered Risk Management and Document Compliance to Trimble Construction One Project Delivery Ecosystem

CO, United States

WESTMINSTER, Colo., April 2, 2026 /PRNewswire/ — Trimble (Nasdaq: TRMB) announced today it has signed an agreement to acquire Document Crunch, a leader in construction-specific AI document analysis and risk management across the project lifecycle. The acquisition will allow Trimble to incorporate document intelligence and compliance automation across the Trimble® Construction ecosystem, enhancing existing workflows in project management and construction… Read More

Conrad Industries Announces 2025 Results and Backlog; Net Income almost $20 million

LA, United States

MORGAN CITY, La., March 31, 2026 /PRNewswire/ — Conrad Industries, Inc. (OTCID: CNRD) today announced its 2025 results and backlog. For the quarter ended December 31, 2025, Conrad had net income of $4.7 million and earnings per diluted share of $0.94 compared to net loss of $14,000 and earnings per diluted share of $0.00 during the fourth… Read More

Saltchuk Resources and Great Lakes Dredge & Dock Corporation Announce Early Results of Debt Tender Offer and Related Consent Solicitation

TX, United States

SEATTLE and HOUSTON, April 01, 2026 (GLOBE NEWSWIRE) — Saltchuk Resources, Inc. (the “Offeror”) and Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) (the “Company”) today announced the results to date of the Offeror’s previously-announced cash tender offer (the “Tender Offer”) for any and all of the Company’s outstanding 5.25% Senior Notes due 2029 (the “Notes”),… Read More

Manson Picture Of The Day

WA, United States

Flashback to May 2024, when Manson’s project team had a surprise visit at the P-454 Multi-Mission Dry Dock Test Pile Program project in Bremerton, WA. The “Seal Team” monitored work activities, barked out unsolicited comments, and set “seal” late in the day. Source


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

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

Gateway Terminals Savannah Appoints Bryan Blalock as President

GA, United States

SAVANNAH, Ga., March 26, 2026 – Gateway Terminals Savannah has announced the appointment of Bryan Blalock as President effective April 13, 2026. Mr. Blalock will succeed the current President of Gateway Terminals Savannah, Kevin Price – who will transition to the Georgia Ports Authority leadership team as the newly announced President on July 1, 2026. “We would… Read More

Colonna’s Shipyard Appoints Brian Waterfield as CFO

VA, United States

Brian Waterfield Named Colonna’s Shipyard Inc.’s Next Chief Financial Officer NORFOLK, Va. (March 26, 2026) — Colonna’s Shipyard, Inc. announced today that Brian Waterfield has been appointed Chief Financial Officer (CFO), effective March 30, 2026. Waterfield will oversee the company’s accounting function and support enterprise financial strategy, bringing deep experience in financial auditing and advisory… Read More


Offshore Wind Power News

Ørsted’s Offshore Wind Innovations Drive Sustainable Energy Transition for North American Investors

United States

Ørsted Energie, a cornerstone of Ørsted A/S’s renewable energy portfolio, continues to anchor the company’s leadership in offshore wind development, delivering scalable clean power solutions critical for the energy transition. As global demand for sustainable electricity surges, particularly in North America where policy support and corporate decarbonization accelerate, this product line positions investors for long-term… Read More

Oregon extends comment period for offshore coastal wind projects — including none at all

OR, United States

By Alex Baumhardt/Oregon Capital Chronicle Oregonians have one more month to weigh in on the future of floating offshore wind energy in the state, including a path forward that would abandon the effort for now. State officials extended the deadline to submit comments on the Oregon Offshore Wind Energy Roadmap from April 3 to April 27, before… Read More

Trading Offshore Wind for LNG: A Lose-Lose for Americans

United States

In a new attack on clean energy, the Trump administration will pay French energy developer TotalEnergies nearly $1 billion in taxpayer dollars to cancel two offshore wind projects that would have put at least 37,000 people to work building 4 gigawatts (GW) of new clean energy, enough to power 1.3 million homes in New Jersey and North Carolina. As part of the deal, the company has… Read More

Canceling Offshore Wind Projects Won’t Solve New York’s Energy Needs

United States

The Trump administration’s latest move against offshore wind underscores a growing disconnect between political rhetoric and real-world results. On one hand, the administration is working to halt offshore wind development – most recently by striking a nearly $1 billion deal to cancel leases off the coasts of New York and North Carolina. On the other,… Read More


Port News

South Carolina’s $1.2B port terminal struggles financially

SC, United States

The South Carolina State Ports Authority’s $1.2 billion Leatherman Terminal in North Charleston has faced financial difficulties since opening five years ago, with the port struggling to generate enough revenue to cover its costs. Why it matters The Leatherman Terminal was a major infrastructure investment intended to boost South Carolina’s economy and competitiveness as a… Read More

Montreal Port Authority CEO Julie Gascon out of role after less than two years

Canada

MONTREAL — Julie Gascon has left her role as president and CEO of the Montreal Port Authority, which manages the largest container port in Eastern Canada. The authority, which operates the inland port linking Canada to global markets via the St. Lawrence River, says her departure comes after she took on the role in early… Read More

As he steps down, Steve Lawrence looks back

NY, United States

OGDENSBURG, New York (WWNY) – The Ogdensburg Bridge and Port Authority’s (OBPA) executive director is retiring soon. Steve Lawrence is stepping down as Executive Director of the OBPA next Friday. “I’ve been here 25 years. I’m much older. It’s time,” Lawrence told 7 News. READ FULL ARTICLE AT ORIGINAL SOURCE

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


Project Updates & Industry Developments

Interior Highlights Record U.S. Energy Production Under President Trump’s American Energy Dominance Agenda

United States

The Department of the Interior today announced that U.S. energy production reached record levels in 2025, with offshore oil production totaling over 714 million barrels, the highest annual output on record.  “President Trump has made it clear that America should fully develop its abundant energy resources in a way that strengthens our economy and benefits… Read More

Insurer Secures $350M Settlement With Dali Owner Over Baltimore Key Bridge Collapse

MD, United States

The insurer of Baltimore’s Francis Scott Key Bridge has reached a $350 million settlement with the owner and operator of the container ship Dali. ACE American Insurance Company, part of Chubb, confirmed the agreement during a federal court hearing in Baltimore. The amount matches the $350 million the insurer paid to the state of Maryland… Read More

Emergency construction set to begin on severe beach erosion in North Wildwood

NJ, United States

Emergency construction is set to begin to repair severe beach erosion in North Wildwood. Officials say the city is at imminent risk of a dune breach along with damage to the city’s infrastructure. Construction on a new bulkhead will begin this week, and should be completed before Memorial Day. City leaders say recent storms and… Read More

How a new dredging approach could benefit a Marin County creek, protect Bay marshes

CA, United States

By Ruth Dusseault, Bay City News IT IS HARD TO THINK of a tidal marsh as being in danger of sea level rise. After all, it is already surrounded by water. But a tidal marsh — like the 100-acre wetland at China Camp State Park in southern Marin County — is essentially a water garden that… 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

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

Ellicott Dredge Enterprises Introduces New Compact Economical IMS Model 4008 LP Versi-Dredge

WI, United States

Ellicott Dredge Enterprises introduces the all-new IMS Model 4008 LP Versi-Dredge® as a more economical option for self-propelled maintenance dredging. The new system is an ultra-compact design with dual function hydraulic dredger and weed harvester capabilities designed for lakes, canals, marinas, and industrial ponds. “We listened to our customers and the dredging market and created… 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

Dredging operations set to begin in Pascagoula

MS, United States

PASCAGOULA, Miss. (WXXV)- A head’s up for boaters in Pascagoula, dredging operations near the Pascagoula Harbor are set to begin soon. The Army Corps of Engineers say that work begins on April 6th with crews pumping materials into open placement sites there. The corps say this work will last approximately two months. Source

U.S. Army Corps of Engineers awards $53 million contract to C& C Joint Ventures for Mid-Chesapeake Bay Island project

MD, United States

BALTIMORE — The U.S. Army Corps of Engineers, Baltimore District, awarded a $53.83 million base contract to C&C Joint Ventures, LLC, of Gloucester, Virginia, for restoration work at James Island, part of the Mid-Chesapeake Bay Island Ecosystem Restoration project in Dorchester County, Maryland. The contract award ushers in the first phase of Mid-Bay restoration work on James Island… Read More

Collaborating to Cut Dredging Costs

ME, United States

By Eric Colby Three marinas on the Royal River in Yarmouth, Maine, pooled their resources to improve their facilities and save money on the cost of dredging. Yarmouth Boat Yard, Yankee Marina and Boat Yard and Royal River Boat Yard split the cost three ways for Patriot Marine, a dredging and engineering service in New Haven, Conn., to go to… Read More

USACE 542nd Forward Engineer Support Team deploys to Europe

Panama

The 542nd Forward Engineer Support Team-Advanced (FEST-A) deployed to Europe on March 26, 2026, to provide technical engineering support to U.S. European Command. The 542nd, stationed at Hunter Army Airfield, is part of the U.S. Army Corps of Engineers assigned as a detachment to the U.S. Army Corps of Engineers’ Savannah District. The detachment is… Read More


USACE

Dredging operations set to begin in Pascagoula

MS, United States

PASCAGOULA, Miss. (WXXV)- A head’s up for boaters in Pascagoula, dredging operations near the Pascagoula Harbor are set to begin soon. The Army Corps of Engineers say that work begins on April 6th with crews pumping materials into open placement sites there. The corps say this work will last approximately two months. Source

U.S. Army Corps of Engineers awards $53 million contract to C& C Joint Ventures for Mid-Chesapeake Bay Island project

MD, United States

BALTIMORE — The U.S. Army Corps of Engineers, Baltimore District, awarded a $53.83 million base contract to C&C Joint Ventures, LLC, of Gloucester, Virginia, for restoration work at James Island, part of the Mid-Chesapeake Bay Island Ecosystem Restoration project in Dorchester County, Maryland. The contract award ushers in the first phase of Mid-Bay restoration work on James Island… Read More

Collaborating to Cut Dredging Costs

ME, United States

By Eric Colby Three marinas on the Royal River in Yarmouth, Maine, pooled their resources to improve their facilities and save money on the cost of dredging. Yarmouth Boat Yard, Yankee Marina and Boat Yard and Royal River Boat Yard split the cost three ways for Patriot Marine, a dredging and engineering service in New Haven, Conn., to go to… Read More

USACE 542nd Forward Engineer Support Team deploys to Europe

Panama

The 542nd Forward Engineer Support Team-Advanced (FEST-A) deployed to Europe on March 26, 2026, to provide technical engineering support to U.S. European Command. The 542nd, stationed at Hunter Army Airfield, is part of the U.S. Army Corps of Engineers assigned as a detachment to the U.S. Army Corps of Engineers’ Savannah District. The detachment is… 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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