After more than 50 years working in the marine industry, Rick Griffith is retiring at the end of the year. Griffith most recently served as president of McGinnis… Read More
Company News
Maritime Partners LLC announced December 1 that it has acquired the portfolio of J. Russell Flowers Inc. (JRF). The acquisition includes more than 1,000 marine vessels operating on bareboat… Read More
Terminal and logistics company Enstructure announced November 18 that it has acquired Port Contractors and its affiliates, allowing Enstructure’s expansion to the Mid-Atlantic market. The move positions Enstructure… Read More
Chris Estep • Chris Estep assumed the role of chief operating officer of Blessey Marine Services Inc. effective November 8. Estep began his career at Blessey Marine in… Read More
Schottel, a German manufacturer of steerable propulsion systems for ships and offshore applications, is celebrating its 100th birthday. The company was to mark the milestone of a… Read More
Conrad Industries reported a net loss of $578,000, or $0.12 per share, for the third quarter, but net income of $8.7 million, or $1.74 per share for the first… Read More
One of North America’s biggest and most respected tug companies has formed a new division to expand its cargo-hauling services, both project cargoes and container on barge on the… Read More
Great Lakes Dredge & Dock Corporation (GLDD) reported third-quarter net income of $13.8 million, up from $12.5 million for the third quarter of 2020. Revenue was $168.6 million for… Read More
Kirby Corporation announced a third-quarter net loss of $264.7 million or $4.41 per share October 28, although the bottom-line number was impacted by significant one-time items. Excluding the one-time… Read More
Orion Group Holdings Inc. reported a net loss of $10.2 million ($0.33 diluted loss per share) for the third quarter. The operating loss was $8.7 million for the quarter, compared… Read More
