GLDD ends red ink year with red ink quarter
Shares in Houston-headquartered Great Lakes Dredge & Dock Corporation (Nasdaq: GLDD) were taking a hit this morning. The dredging giant reported a fourth quarter 2022 net loss of $31.2 million and a
Shares in Houston-headquartered Great Lakes Dredge & Dock Corporation (Nasdaq: GLDD) were taking a hit this morning. The dredging giant reported a fourth quarter 2022 net loss of $31.2 million and a
Foss reports that demolition continues at the New Bedford Foss Marine Terminal site in preparation to support offshore wind projects off Massachusetts and the U.S Northeast seaboard. Demolition of the Power Station
A new breed of floating offshore wind turbine foundations, designed to handle the largest wind turbines in the world, has received ABS approval in principle (AIP). The Bassoe D-Floater technology is capable
Edinburgh, Scotland, based search and rescue (SAR) innovator Zelim continues to make progress with its plans to develop advanced lifesaving systems (see earlier story). Metal for its first Guardian Class fast rescue
St. Johns Ship Building, Palatka, Fla., has held a keel laying ceremony for the second of the series of Chartwell Ambitious aluminum crew transfer vessels (CTVs) it is building for Rhode Island-based
Southampton, U.K., based Chartwell Marine has been awarded a GBP 320,000 (about $395,000) Innovate UK Smart Grant. Chartwell, whose designs have been selected for a number of Jones Act CTV builds, says
Fincantieri Marine Group (FMG) has reached agreement on a contract with CREST Wind, a joint venture between Crowley and Crowley and Esbjerg, Denmark-headquartered Esvagt, to design and build a 288-foot HAV 832
Crowley and Esbjerg, Denmark-headquartered Esvagt are to jointly build and operate a service operations vessel (SOV) under a long-term charter with Siemens Gamesa Renewable Energy. Crowley will manage and crew the SOV
On March 7-8 in Mobile, Ala., Tugs, Towboats & Barges (TTB) 2023 will once again bring together owners, operators, naval architects, shipbuilders and more to discuss advances in technology and design, as
The U.S. Department of the Interior has named Elizabeth Klein as Director of the Bureau of Ocean Energy Management (BOEM). She succeeds Amanda Lefton, who served as the first BOEM Director in