Company News

Orion Group Holdings, Houston, Texas, reported a net loss of $4.4 million, or $0.13 per share, for the fourth quarter of 2023. Excluding non-recurring items, the company said it had… Read More

Holcim, the Swiss-based global cement and aggregates company, announced its intent to spin off its North American business in the U.S. with a “full capital market separation.” In a press… Read More

American Queen Voyages ceased all operations February 20, terminating its employees and canceling all future cruises. Hornblower Group, parent company of American Queen Voyages, announced it was filing for Chapter… Read More

In its February 14 earnings report, Great Lakes Dredge & Dock Corporation (GLDD) said its net income for the fourth quarter of 2023 was $21.6 million, a $52.8 million improvement… Read More

Carrix, a marine terminal operator based in Seattle, recently announced the rebranding of Ceres Terminals as SSA Marine, following Carrix’s acquisition of the company. The acquisition, originally announced in September… Read More

Birdon America Inc., the U.S. arm of Australia-based The Birdon Group, has announced the acquisition of Metal Shark Boats’ 32-acre shipyard in Bayou La Batre, Ala. The acquisition, which took… Read More

Ingram Barge Company LLC announced the creation of a subsidiary, Ingram Infrastructure Group LLC, on February 2. Creation of Ingram Infrastructure Group, which will provide material handling and supply chain… Read More

In November, Donnie Calvin announced he was assuming the CEO role at GMENI Marine Electronics. GMENI provides and services much of the day-to-day products, supplies and equipment needed to manage… Read More

Kirby Corporation on February 1 announced higher net earnings and revenue for the fourth quarter and full year of 2023, compared to the previous year. As part of the company’s… Read More