It's on us. Share your news here.
It's on us. Share your news here.
Consortium of Technical Experts Will Support States to Advance Potential Transmission Solutions and Accelerate Wind Deployment WASHINGTON, D.C. – Today the U.S. Department of Energy’s Grid Deployment Office (GDO) opened an initial funding opportunity of up to $1.25 million that will advance offshore wind (OSW) deployment along the Atlantic Coast by identifying opportunities and strategies to standardize transmission… Read More
𝐃𝐫𝐞𝐝𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐨𝐫 𝐃𝐞𝐦𝐚𝐧𝐝 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞 𝐨𝐫 𝐃𝐞𝐜𝐫𝐞𝐚𝐬𝐞 𝐟𝐨𝐫 𝐰𝐡𝐚𝐭 𝐜𝐨𝐧𝐭𝐚𝐢𝐧𝐬 : The Dredging Market is witnessing steady growth, driven by increasing demand for dredging services across various sectors such as construction, oil and gas, trade, and tourism. Dredging is essential for maintaining navigable waterways, deepening harbors, and reclaiming land, which supports the expansion of… Read More
Fabricated by Shanghai Zhenhua Heavy Industries Co. Ltd. (ZPMC), the new 5,000 tonne Floating Sheerleg Crane, will be the largest of its type in the Middle East and Africa. The crane allows heavy loads to be lifted as high as 120 meters above water, meeting the growing demand for large-scale offshore projects. Drydocks World today… Read More
TOWN OF BURLINGTON — Racine County is considering a $1.1 million contribution to Browns Lake dredging. The county received $2 million last year through the settlement of a nationwide class-action suit against Monsanto Co. and members of the Finance and Human Resource Committee voted Wednesday to recommend using $1.1 million of the settlement to help… Read More
West is pleased to announce the appointment of Bart Mertens as Chief Underwriting Officer, effective early 2025. Download PDF Bart has over 30 years experience in the marine insurance industry and joins West from another International Group Club where he has worked for the last 14 years as part of their senior underwriting management team,… Read More
In February 2025, Maersk A/S (Maersk), an entity under A.P. Moller – Maersk, and Hapag-Lloyd AG (Hapag-Lloyd) launch their operational collaboration Gemini Cooperation. The ambition is to deliver a flexible and interconnected ocean network with industry-leading schedule reliability above 90 percent once fully phased in. Since the two companies unveiled the new long-term collaboration in… Read More
HOUSTON, Sept. 11, 2024 (GLOBE NEWSWIRE) — Orion Group Holdings, Inc. (NYSE: ORN) (“Orion” or the “Company”), a leading specialty construction company, today announced that it has priced its previously announced underwritten public offering of 4,860,000 shares of its common stock at a public offering price of $5.15 per share. Orion expects the gross proceeds from this offering to be approximately $25.0… Read More
Ocean Update During the first half of 2024, the global capacity utilization was 2% higher than the previous year despite a substantial 10.4% increase in containership supply. Container ports have exhibited resilient growth in the first half of 2024, with the top 10 ports reporting 7.4% combined gains. However, challenges persist as port congestion and… Read More
ARLINGTON, Va. — The American Waterways Operators, the trade association of the American tugboat, towboat and barge industry, is commending the California legislature’s recent passage of Assembly Bill 1122 as a major milestone in protecting mariner safety and port operations stability on California’s waterways. Led by Assemblymember Dr. Jasmeet Bains (D-Bakersfield), AB 1122 protects mariner lives by… Read More
About 31 years ago, a Chinese container ship, the Yinhe, sailing to Iran, was left stranded in the Indian Ocean for 24 days due to the intervention of the United States. The vessel’s GPS was blocked, depriving the crew of navigational assistance. This incident occurred in the early 1990s. At that time, the only navigation system… Read More