Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, reports that its Ohio-based American Fan business unit has been awarded multiple purchase orders for cooling and ventilation fans for ten
OpenTug, the marine logistics platform set up to connect freight with barges and terminals nationwide, has announced a strategic shift in its business priorities from its original marketplace model to the continued
“Great Lakes had an outstanding 2024, with strong project performance and exceptional financial results,” said Lasse Petterson, president and CEO of Houston-headquartered Great Lakes Dredge & Dock Corporation (Nasdaq: GLDD), as the
Saab’s Karslkrona, Sweden, shipyard yesterday launched the submarine HMS Halland following a comprehensive mid-life upgrade. HMS Halland is the third and final submarine in the Gotland class to undergo the upgrade, which
Ports of Indiana shipped 13 million tons of cargo in 2024, the second-highest annual volume in the statewide port authority’s 60-year history. Cargo shipments increased for the fourth straight year, up 3%
Contractors for the Jacksonville Port Authority (JAXPORT) have completed a year-long construction project to expand vehicle carrier Berth 22 at the port’s Blount Island Marine Terminal. The berth is the first of
South Korean shipbuilder Hanwha Ocean has ordered four MAN B&W 5G70ME-GI Mk10.5 engines in connection with the construction of two 174,000 cubic meter LNG carriers for an undisclosed shipowner. Hanwha Engine Co.
Canada’s Vancouver Island Ferry Company reports that its Hullo fast-ferry service recorded significant operational achievements for January 2025. The Hullo service operates with two 42.2 meter Damen 4212 aluminum hulled catamaran ferries
Norfolk, Va.-based Colonna’s Shipyard, Inc. (CSI) reports that Rear Admiral Kevin M. Sweeney, USN (Ret.), has joined its board of directors, effective January 31, 2025. “Rear Admiral Sweeney is a highly respected
Colonial Oil Industries Inc. recently christened its newest tug and barge in a Savannah, Ga., ceremony held at sister company Colonial Terminals on the Savannah River. The new tug, Soaring Eagle, built