GLDD (Great Lakes Dredge) CEO Lasse Petterson

GLDD reports red ink quarter, but sees bid market starting to gain momentum

Houston-headquartered Great Lakes Dredge & Dock Corporation (Nasdaq: GLDD), the largest provider of dredging services in the U.S., today reported financial results for the quarter ended September 30, 2022, that included a

Tank barge will test bed Amogy solution

Southern Devall tank barge will test bed Amogy ammonia-to-power system

Brooklyn, N.Y. based high tech start-up Amogy Inc. reports that its innovative ammonia-to-power system for maritime applications is to have its first commercial application in a U.S. inland waterways tank barge. The

towing company insignia

Two CC Industries towing companies to be integrated

Devall Towing and Southern Towing Company (STC) are to fully integrate their operations and management in 2023 under the name Southern Devall. Memphis, Tenn., based Southern Towing is a portfolio company of

MARAD announces PIDP

MARAD awards $703 million in Port Infrastructure Development grants

HAWAII Kapalama Container Terminal Project ($47,326,300)Honolulu, Hawaii The project will fund several activities: 1) upgrades to electrified ship-to-shore cranes, acquisition of new equipment, and installation of solar panels on terminal buildings that

e-tug for Oslo

Norwegian operator orders e-tug for Oslo

Turkey’s Sanmar Shipyards has booked another e-tug order. It has signed an order that will see it build a zero-emission ElectRA 2200SX design tugboat for Norway’s Buksér og Berging. The order comes

derrick boat

Buffalo Engineer district christens new derrick boat

The Buffalo Engineer District held a christening ceremony Monday for its new derrick boat, the Kolber. The vessel is 160 feet long, has a beam of 60 feet and a depth of

eWolf hull flip

VIDEO: Construction of eWolf marks a milestone

Construction of Crowley’s eWolf, the first all-electric tug in the U.S., is moving right along at the Master Boat Builders shipyard in Coden, Ala., and Crowley has just released a time-lapse video

Innovation in Safety award winners

Cook Inlet Tug & Barge team recognized for safety innovation

Seattle headquartered Saltchuk today announced that Mark Theriault, Cook Inlet Tug & Barge Director of Operations, will accept Saltchuk’s 2021–2022 President’s Award for Innovation in Safety on behalf of his team. Theriault

Kirby logo

Kirby reports increased earnings and revenues

Houston-headquartered Kirby Corporation (NYSE: KEX) today reported third quarter results that beat analysts’ expectations. Net earnings were $39.1 million or $0.65 per share. Total revenues were $745.8 million, up 25% compared to

generic Svitzer ASD tug

Svitzer adding 3 newbuilds to Americas fleet

Maersk group towage operator Svitzer is to take delivery of two new ASD tugboats and one workboat, expanding its fleet in the Americas region. With the three newbuilds, the fleet of Panama

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