Dredging giant gives a profit warning
In an update on its fourth quarter 2022 operations, America’s largest dredging contractor, Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD), says that revenues and gross profit margins for the quarter are
In an update on its fourth quarter 2022 operations, America’s largest dredging contractor, Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD), says that revenues and gross profit margins for the quarter are
A series of new-generation heavy lift ships includes a methanol dual fuel hybrid propulsion plant as part of German operator SAL Heavy Lift’s commitment to decarbonization. Called the Orca Class, they are
Boston-based Sea Machines Robotics Inc. has installed its new AI-ris computer vision product onboard a 270-foot U.S. Coast Guard Famous-class Medium Endurance Cutter ahead of an upcoming deployment. AI-ris uses artificial intelligence
Congressman John Garamendi (D-Calif.) has introduced the “Close Agency Loopholes to the Jones Act” bill that would close the loopholes in the Jones Act created by “letter rulings” from U.S. Customs and
Ørsted is going all in on green e-methanol and sees green fuel for shipping as a major market. Its board has taken a final investment decision (FID) on the 50,000 tonnes/year FlagshipONE
As the maritime industry continues to increase diversity and bring more women into its ranks, we wrap up 2022 for the third year in a row by bringing to you our list
A design for an 80,000 gt cruise ship developed independently by China State Shipbuilding Corporation (CSSC) has been given Approval in Principle (AiP) by China Classification Society (CCS). CSSC sees this as
Helena Lennerstedt has been appointed CEO of trim and stabilization system specialist Humphree. She succeeds Hannes Norrgren who has taken up the role of senior vice president for business unit industrial at
Eneti Inc. (NYSE:NETI) reports that its Seajacks UK Limited subsidiary has signed a contract with an undisclosed client to transport and install turbines for an offshore wind project commencing in the first
When the 1979-built Washington State Ferries (WSF) car/passenger ferry M/V Issaquah came up for an electronics update, WSF turned to long-time partner Furuno USA for the very latest in navigation electronics. Built