Company News

Kenny Devall has been named president and CEO of The Southern Devall Group (TSDG), the combined businesses of Southern Towing and Devall Towing. In addition, the company announced that Chris… Read More

ABB has announced the rebranding of its turbocharging division under the name “Accelleron,” which is a compound of words like “access,” “accelerate” and “excel.” The brand builds off of ABB’s… Read More

Great Lakes Dredge & Dock Corporation (GLDD) reported a strong fourth quarter of 2021, but its full-year financial results fell short of the previous year’s. In the February 16 announcement,… Read More

The year 2022 marks the 75th anniversary of Carboline, St. Louis-based manufacturer of coatings, linings and fireproofing. Carboline was founded by Stanley Lopata in St. Louis in 1947 and has… Read More

Viterra Limited, the crop-trading business spun out from Glencore, the world’s largest commodities broker, announced January 24 that it has agreed to acquire the grain-trading business of Gavilon, which also… Read More

On January 27, Kirby Corporation announced net earnings for the fourth quarter of 2021 of $11 million or $0.18 per share, down from $22.2 million or $0.37 per share for… Read More

Turn Services, a New Orleans-based provider of fleeting and towing services, recently announced its expansion into Texas with a new fleeting location near Houston. The company’s new La Porte Fleet… Read More

• Clark Todd has been promoted to CEO of Blessey Marine Services, in addition to his role as president. Walter Blessey Jr., previously chairman and CEO, will remain chairman. “After… Read More

Two Norway-based companies announced a merger that is of interest to maritime companies. Scana ASA is the parent company of a group of marine supply companies based in Stavanger, Norway,… Read More