Conrad Industries reports 2023 results
Conrad Industries, Inc. (OTC Pink: CNRD) has announced its 2023 results and backlog. The company reported a net loss of $27.0 million and a loss per diluted share of $5.39 for the
“Complacency” seen in $2 million barge strike on Natchez-Vidalia Bridge
Complacency in the workplace is widely recognized as a safety hazard and a towing vessel captain’s complacency led to barges striking the Natchez-Vidalia Bridge last year in the Mississippi River, the National
VIDEO: New Baltimore temporary channel opens
The Unified Command responding to the collapse of Baltimore’s Francis Scott Key Bridge today reported that the Captain of the Port (COTP) has established a second temporary alternate channel on the southwest
Eastern Shipbuilding partners with Royal IHC for new hopper dredge
Eastern Shipbuilding Group Inc. (ESG) and Royal IHC have formed a strategic partnership to design and construct a highly automated medium-class hopper dredge for the U.S. Army Corps of Engineers (USACE) that
Minneapolis locks opening April 21 for navigation season
Due to the arrival of spring, the St. Paul Engineer District is opening Lower St. Anthony Falls Lock and Dam and Lock and Dam 1, both in Minneapolis, Minn., to commercial and
Op-Ed: Transforming offshore wind installation
By Ted Bergman, Vice President, Offshore Energy at Elomatic When it comes to offshore wind energy, the traditional methods of installation have faced growing scrutiny due to their costliness, environmental impact, and
Cathrine Marti named as new Vard CEO
Fincantieri’s Norwegian headquartered Vard Group AS subsidiary is to have a new CEO. Former Ulstein CEO Cathrine Kristiseter Marti will step into the role starting June 1, 2024. Current CEO, Alberto Maestrini
Dali owner and manager file to limit liability in Baltimore bridge collapse
This will come as little surprise to Marine Log readers, though it may come as a shocker to many in Baltimore. The owner and manager of the Dali, the containership that struck
Hanwha makes its case for Austal acquisition
As we reported earlier, South Korea’s Hanwha Group has submitted an indicative offer to acquire the global business of Austal USA’s Australian parent, Austal (ASX:ASB), through a scheme of arrangement that would
Caterpillar collaborates with Serco on NOMARS unmanned surface vessel
Caterpillar Marine reports that it has completed key milestones in support of the revolutionary new No Manning Required Ship (NOMARS) medium unmanned surface vessel that Herndon, Va., headquartered Serco Inc. is to