The Norwegian Maritime AI Center will receive a total of NOK 100 million from The Research Council of Norway over five years and will start up in the beginning of 2026. The center will be led by NTNU (Norwegian University of Science and Technology) and will develop technology and increase innovation for maritime actors through… Read More
PDF Version HOUSTON — Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announced that on October 24, 2025, it completed an amendment to its existing Revolving Credit Facility, upsizing the facility by $100 million to $430 million and extending its… Read More
NEXT GENERATION BREAKS GROUND FOR DEME’S NEW HEADQUARTERS In a symbolic moment marking the start of construction of DEME’s new headquarters in Beveren- Kruibeke-Zwijndrecht, the groundbreaking ceremony was enthusiastically carried out by children of its employees. Representing the next generation and the future of the company, the youngsters launched the next phase in the transformation… Read More
Download PDF Version HOUSTON — Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”, “Orion”), a leading specialty construction company, today reported its financial results for the third quarter ended September 30, 2025. Highlights for the quarter ended September 30, 2025: ($ in millions, except EPS) Strong operational execution and continued advancement of strategic priorities Revenue of $225.1… Read More
WASHINGTON – Today, U.S. Senators Todd Young (R-Ind.) and Mark Kelly (D-Ariz.), lead sponsors of the SHIPS for America Act, released the following statement after the Senate Commerce Committee’s Subcommittee on Coast Guard, Maritime, and Fisheries held a hearing on the importance of revitalizing America shipbuilding: “Today’s hearing made clear that there is growing, bipartisan momentum to rebuild American… Read More
