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HOUSTON, Feb. 28, 2024 (GLOBE NEWSWIRE) — Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today reported its financial results for the fourth quarter and full year ended December 31, 2023. Highlights for the quarter ended December 31, 2023: Contract revenues of $201.6 million GAAP net loss was $4.4 million or $0.13 per diluted share Adjusted net income was $2.6 million or $0.08 per diluted… Read More
Our teams continue to closely monitor the situation around the Red Sea / Gulf of Aden. In the interest of safety for our vessels, crew, and customers’ cargo, all vessels previously due to transit the area have been diverted south around the Cape of Good Hope for the foreseeable future. While we hope for a sustainable… Read More
2023 wasn’t just another year at the Port of Seattle. It was a year of tangible progress, bold innovation, and unwavering commitment to building a more sustainable future for our operations and our region. Our dedicated environment and sustainability teams charted a course to meet ambitious goals, demonstrating that a major port can advance sustainability… Read More
Five offshore wind turbines in the waters south of the Vineyard are now sending 68 megawatts of power to the regional grid, the first time such a project has ever delivered a steady flow of electricity in Massachusetts. The milestone was cheered by state officials, who see the Vineyard Wind project as the first of… Read More
San Clemente officials are hoping to expand their chances of bringing sand to the coastal town’s shore, renewing a program that will allow the city to seek out “opportunistic sand.” But first, it needs to weave through a maze of permitting and approvals that could take up to two years, and likely spend hundreds of… Read More
Cummins Inc. (NYSE: CMI) announced today the appointment of four leaders to the role of vice president, effective March 1 – Ricardo Roman, Michelle Probst, Gbile Adewunmi and Matt McQueen – in addition to Ashwath Ram, who was appointed Vice President in January. “These leaders each demonstrate, in their own unique ways, a commitment to… Read More
The Massachusetts Clean Energy Center (MassCEC), Crowley Wind Services, a global maritime transportation and logistics company, and the City of Salem today announced the transfer of ownership and an agreement for site improvements and ongoing operations for the Salem Offshore Wind Terminal. Once the site of an oil- and coal-fired power plant, this historic agreement will… 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. 2024 WEDA Eastern Chapter Annual Meeting … Read More
A.P. Moller-Maersk (Maersk) celebrated the opening of its state-of-the-art, integrated cold chain facility at the Ruakura Superhub today, solidifying Hamilton as a key touch point within the Golden Triangle for freighting and logistics in New Zealand. With approximately NZD 140-150 million invested in the Ruakura facility, it makes it Maersk’s biggest infrastructure investment in the… Read More
NMDC Group, a global leader in engineering, procurement, construction, and marine dredging, is showcasing its expertise in both energy and dredging projects, including its significant contribution to the duplication of Suez Canal, a vital facilitator of global maritime trade, at the ongoing Egypt Energy Show (EGYPES) 2024. The largest energy conference and exhibition across Egypt,… Read More